About Ibeforo Private Limited
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Ibeforo Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 20 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC101526. Its GSTIN is 29AAECI4326E1ZP (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Arif Ulla and Muzzamil Shaik.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹14.44 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹7.63 Lakh (net margin 0.5%) and EBITDA of ₹15.81 Lakh (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 107% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IBEForuM.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ibeforum.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 6/A Zed One 3rd Floor Next To Sapna Book House Koramangala 7, Th Block, Bangalore, Karnataka, India – 560095
- IndustryBusiness Outsourcing, Business & IT Consulting
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Ibeforo Private Limited
The main business activity of Ibeforo is education. In detail, this covers sports, recreation, cultural and other education.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| P | Education | P3 | Sports, recreation, cultural and other education | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ibeforo Private Limited FY 2023 filings available
Ibeforo Private Limited reported revenue of ₹14.44 Cr (up 47% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Ibeforo Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 107% over five years, including 47% growth in the latest year. EBITDA rose 28% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Ibeforo Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹15.81 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.63 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ibeforo Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Ibeforo are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ibeforo Private Limited
Ibeforo Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R&Ys Storage Solutions Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Molasi International Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Cornerstone Ventures Investment Advisers LLP | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Crescendo Worldwide Private Limited | •••• | •••• | •••• | •••• | - | Baner, Maharashtra, India |
| Keco Consultancy Private Limited | •••• | •••• | •••• | •••• | - | Thiruvananthapuram, Kerala, India |
| Ibeforo Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Dickinson Technology Consulting Services Private Limited | •••• | •••• | •••• | •••• | 57 | Hyderabad, Telangana, India |
| Vintage Associates Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Apac Consultants Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Peopleist India Private Limited | •••• | •••• | •••• | •••• | - | Gurugram, Haryana, India |
| Inches Healthcare Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ibeforo by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Ibeforo Private Limited
Ibeforo Private Limited is audited by RAVIKUMAR B & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAVIKUMAR B & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ibeforo Private Limited
Ibeforo has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arif Ulla Also directs: Xingenio Private Limited | Director | 30 Jan 2019 | 7 Years 8 Months | Current |
| Muzzamil Shaik Also directs: Xingenio Private Limited | Director | 20 Mar 2017 | 9 Years 6 Months | Current |
| Sajida Begum | Director | 20 Mar 2017 | 9 Years 6 Months | Current |
| Ajish Joseph Also directs: Xingenio Private Limited | Director | 30 Jan 2019 | 7 Years 8 Months | Current |
| Imroze Shaikhmahaboob Also directs: Xingenio Private Limited | Director | 30 Jan 2019 | 7 Years 8 Months | Current |
Ownership and Shareholding of Ibeforo Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ibeforo Private Limited
Ibeforo Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Ibeforo Private Limited
Ibeforo operates one associated brand: IBEForuM. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of event management services | ibeforum.com |
Employees and EPFO Compliance at Ibeforo Private Limited
Ibeforo Private Limited has a workforce of 16 employees as of Mar 28, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ibeforo Private Limited
Ibeforo Private Limited has 5 board changes on record since 2017: 5 appointments. The latest: Ajish Joseph was appointed as Director on 30 Jan 2019.
Credit Ratings, Litigation & Regulatory Alerts for Ibeforo Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ibeforo Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ibeforo Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ibeforo Private Limited
Ibeforo has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECI4326E1ZP | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ibeforo Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ibeforo Private Limited
Ibeforo is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 20 March 2017 (9+ years old) and is registered under CIN U74999KA2017PTC101526.
Ibeforo reported revenue of ₹14.44 Cr for FY 2023 (up 47% YoY).
Ibeforo has 5 current directors:
- Arif Ulla - Director
- Muzzamil Shaik - Director
- Sajida Begum - Director
- Ajish Joseph - Director
- Imroze Shaikhmahaboob - Director
Ibeforo reported a net profit of ₹7.63 Lakh (net margin 0.5%) and EBITDA of ₹15.81 Lakh (EBITDA margin 1.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ibeforo is 22% over three years and 107% over five years. In the latest year (FY 2023) revenue rose 47%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ibeforo is 29AAECI4326E1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Ibeforo is U74999KA2017PTC101526. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ibeforo was incorporated on 20 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ibeforo by revenue are R&Ys Storage Solutions Private Limited, Molasi International Private Limited, Cornerstone Ventures Investment Advisers LLP, Crescendo Worldwide Private Limited, Keco Consultancy Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Ajish Joseph was appointed as Director on 30 Jan 2019. Arif Ulla was appointed as Director on 30 Jan 2019. Imroze Shaikhmahaboob was appointed as Director on 30 Jan 2019. Ibeforo has 5 board changes on record in total.
Yes, Ibeforo is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).