About Ict Solutions Private Limited
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Ict Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2015PTC156151. Its GSTIN is 27AADCI8897B1Z8 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Gajanan Sahebrao Shinde and Nilesh Shantaram Kute.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 4010 Fourth Floor Wing B Marvel Edge Clover Park Viman Nagar, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.69 Cr, a growth of 96% compared to the previous year. For the same year it recorded a net profit of ₹1.69 Cr (net margin 15.8%) and EBITDA of ₹2.86 Cr (EBITDA margin 26.7%). Revenue has grown at a compounded annual rate (CAGR) of 67% over three years and 41% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.2 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website instaictsolutions.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressB – 4010 Fourth Floor Wing B Marvel Edge Clover Park Viman Nagar, Pune, Maharashtra, India – 411014
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Ict Solutions Private Limited
The main business activity of Ict Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Ict Solutions Private Limited FY 2025 filings available
Ict Solutions Private Limited reported revenue of ₹10.69 Cr (up 96% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ict Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 96% growth in the latest year. EBITDA rose 132% 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 Ict Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.86 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.69 Cr | •••• | •••• | •••• | •••• |
| 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 Ict Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 15.8% | •••• | •••• | •••• | •••• |
| 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 Ict Solutions are in the company report.
Financial statements from FY 2016
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 Ict Solutions Private Limited
Ict Solutions Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Design). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cads Makeitbim Private Limited | ₹10.83 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Chennai, Tamil Nadu, India |
| Bizzoppo Interiors Private Limited | ₹10.79 Cr (FY 2024) | •••• | •••• | 64.0% | •••• | Chennai, Tamil Nadu, India |
| Nyvu Technocrats Private Limited | ₹10.77 Cr (FY 2025) | •••• | •••• | 189.0% | •••• | Medak, Telangana, India |
| Aurum Engineering Works Private Limited | ₹10.76 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | Delhi, India |
| Rogers Design & Build Private Limited | ₹10.75 Cr (FY 2024) | •••• | •••• | 55.0% | •••• | Chennai, Tamil Nadu, India |
| Ict Solutions Private Limited this company | ₹10.69 Cr (FY 2024) | •••• | •••• | 96.0% | •••• | Pune, Maharashtra, India |
| Laksh Semiconductors Private Limited | ₹10.69 Cr (FY 2025) | •••• | •••• | 91.0% | •••• | Bengaluru, Karnataka, India |
| Sun Fibo Technology Private Limited | ₹10.67 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| KN Interior Designs and Engineering Private Limited | ₹10.63 Cr (FY 2019) | •••• | •••• | 195.0% | •••• | Chennai, Tamil Nadu, India |
| Design Excellence (India) Pvt Ltd | ₹10.6 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Navi Mumbai, Maharashtra, India |
| Igs Projects India Private Limited | ₹10.6 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ict Solutions by revenue in the Engineering industry (Engineering Design), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ict Solutions Private Limited
Ict Solutions Private Limited is audited by Mantri Malu & Associates. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mantri Malu & Associates. | 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 Ict Solutions Private Limited
Ict Solutions has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gajanan Sahebrao Shinde | Director | 25 Mar 2025 | 1 Years 6 Months | Current |
| Nilesh Shantaram Kute | Director | 01 Oct 2023 | 3 Years 0 Months | Current |
| Toke Kjaer Juul Also directs: Aict Engineering Private Limited | Director | 08 Sep 2025 | 1 Years 1 Months | Current |
| Lars Hagbard Gronkjaer Also directs: Aict Engineering Private Limited | Director | 08 Sep 2025 | 1 Years 1 Months | Current |
Ownership and Shareholding of Ict Solutions 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 Ict Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Feb 2020 | Others | ₹3.2 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Ict Solutions Private Limited
Ict Solutions Private Limited has a workforce of 46 employees as of Apr 07, 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 Ict Solutions Private Limited
Ict Solutions Private Limited has 11 board changes on record since 2016: 4 appointments and 7 cessations. The latest: Lars Hagbard Gronkjaer ceased to be Additional Director on 21 Sep 2025.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ict Solutions 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 Ict Solutions 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 Ict Solutions 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 Ict Solutions Private Limited
Ict Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI8897B1Z8 | Maharashtra | 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 Ict Solutions 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 Ict Solutions Private Limited
Ict Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 August 2015 (11+ years old) and is registered under CIN U74999PN2015PTC156151.
Ict Solutions reported revenue of ₹10.69 Cr for FY 2024 (up 96% YoY).
Ict Solutions has 4 current directors:
- Gajanan Sahebrao Shinde - Director
- Nilesh Shantaram Kute - Director
- Toke Kjaer Juul - Director
- Lars Hagbard Gronkjaer - Director
Ict Solutions reported a net profit of ₹1.69 Cr (net margin 15.8%) and EBITDA of ₹2.86 Cr (EBITDA margin 26.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ict Solutions is 67% over three years and 41% over five years. In the latest year (FY 2024) revenue rose 96%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ict Solutions is 27AADCI8897B1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ict Solutions is U74999PN2015PTC156151. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ict Solutions was incorporated on 11 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Ict Solutions by revenue are Cads Makeitbim Private Limited, Bizzoppo Interiors Private Limited, Nyvu Technocrats Private Limited, Aurum Engineering Works Private Limited, Rogers Design & Build Private Limited and 5 more, all in the Engineering industry (Engineering Design).
Lars Hagbard Gronkjaer ceased to be Additional Director on 21 Sep 2025. Toke Kjaer Juul ceased to be Additional Director on 21 Sep 2025. Lars Hagbard Gronkjaer was appointed as Director on 08 Sep 2025. Ict Solutions has 11 board changes on record in total.
Ict Solutions can be reached through the website instaictsolutions.com. Its registered office is in Pune, Maharashtra, India.