About Idea Lake Information Technologies Private Limited
Data last updated:
Idea Lake Information Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 24 May 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2000PTC126724. Its GSTIN is 27AAACI7536A1ZV (Maharashtra).
The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹11.42 Lakh. It is led by directors Ganviraj Krishnanand Savant and Asha Krishnanand Sawant.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. – 61 Dr. S Rao Road Parel East, Mumbai, Maharashtra, India – 400012.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.45 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹2.23 Cr (net margin 8.4%) and EBITDA of ₹3.4 Cr (EBITDA margin 12.9%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 18% over five years.
The company has about 139 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Idealake. As per MCA filings, the company has open charges of ₹13.92 Lakh 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 idealake.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. – 61 Dr. S Rao Road Parel East, Mumbai, Maharashtra, India – 400012
- 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 Idea Lake Information Technologies Private Limited
The main business activity of Idea Lake Information Technologies 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 Idea Lake Information Technologies Private Limited FY 2024 filings available
Idea Lake Information Technologies Private Limited reported revenue of ₹26.45 Cr (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Idea Lake Information Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 30% growth in the latest year. EBITDA rose 105% 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 Idea Lake Information Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.4 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.23 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Idea Lake Information Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.4% | •••• | •••• | •••• | •••• |
| 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 Idea Lake Information Technologies are in the company report.
Financial statements from 2015
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 Idea Lake Information Technologies Private Limited
Idea Lake Information Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Symphony Fintech Solutions Private Limited | ₹26.64 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Mumbai, Maharashtra, India |
| Rightbrain Technologies Private Limited | ₹26.59 Cr (FY 2019) | •••• | •••• | 167.0% | •••• | Bangalore, Karnataka, India |
| 3K Softech Private Limited | ₹26.55 Cr (FY 2024) | •••• | •••• | 53.0% | •••• | Hyderabad, Telangana, India |
| Belzabar Software Design (India) Private Limited | ₹26.46 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Stixis Technologies Private Limited | ₹26.46 Cr (FY 2025) | •••• | •••• | 136.0% | •••• | Bangalore, Karnataka, India |
| Idea Lake Information Technologies Private Limited this company | ₹26.45 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Mumbai, Maharashtra, India |
| Datapelago India Private Limited | ₹26.43 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Hyderabad, Telangana, India |
| Bluetree Consultancy Services Private Limited | ₹26.43 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Bangalore, Karnataka, India |
| Cloudaction Technology Services Private Limited | ₹26.4 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Pune, Maharashtra, India |
| 3Embed Software Technologies Private Limited | ₹26.37 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Bangalore, Karnataka, India |
| Crimsonlogic IT Solutions Private Limited | ₹26.36 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Idea Lake Information Technologies by revenue in the Information Technology industry (Application Development), 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 Idea Lake Information Technologies Private Limited
Idea Lake Information Technologies Private Limited is audited by Kirtane & Pandit LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Kirtane & Pandit LLP | 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 Idea Lake Information Technologies Private Limited
Idea Lake Information Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganviraj Krishnanand Savant | Director | 24 May 2000 | 26 Years 4 Months | Current |
| Asha Krishnanand Sawant | Director | 24 May 2000 | 26 Years 4 Months | Current |
Ownership and Shareholding of Idea Lake Information Technologies 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 Idea Lake Information Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jul 2022 | Hdfc Bank Limited | ₹13.92 Lakh | Open |
Total charge records: 1 View all charges
Associated Brands with Idea Lake Information Technologies Private Limited
Idea Lake Information Technologies operates one associated brand: Idealake. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive digital transformation and IT services to businesses. | idealake.com |
Employees and EPFO Compliance at Idea Lake Information Technologies Private Limited
Idea Lake Information Technologies Private Limited has a workforce of 139 employees as of Apr 10, 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 Idea Lake Information Technologies Private Limited
Idea Lake Information Technologies Private Limited has 3 board changes on record since 2000: 2 appointments and 1 cessation. The latest: Dev Raman ceased to be Director on 05 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts for Idea Lake Information Technologies 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 Idea Lake Information Technologies 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 Idea Lake Information Technologies 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 Idea Lake Information Technologies Private Limited
Idea Lake Information Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI7536A1ZV | 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 Idea Lake Information Technologies 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 Idea Lake Information Technologies Private Limited
Idea Lake Information Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 24 May 2000 (26+ years old) and is registered under CIN U72900MH2000PTC126724.
Idea Lake Information Technologies reported revenue of ₹26.45 Cr for FY 2025 (up 30% YoY).
Idea Lake Information Technologies has 2 current directors:
- Ganviraj Krishnanand Savant - Director
- Asha Krishnanand Sawant - Director
Idea Lake Information Technologies reported a net profit of ₹2.23 Cr (net margin 8.4%) and EBITDA of ₹3.4 Cr (EBITDA margin 12.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Idea Lake Information Technologies is 16% over three years and 18% over five years. In the latest year (FY 2025) revenue rose 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Idea Lake Information Technologies is 27AAACI7536A1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Idea Lake Information Technologies is U72900MH2000PTC126724. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Idea Lake Information Technologies was incorporated on 24 May 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Idea Lake Information Technologies by revenue are Symphony Fintech Solutions Private Limited, Rightbrain Technologies Private Limited, 3K Softech Private Limited, Belzabar Software Design (India) Private Limited, Stixis Technologies Private Limited and 5 more, all in the Information Technology industry (Application Development).
Dev Raman ceased to be Director on 05 Jun 2019. Asha Krishnanand Sawant was appointed as Director on 24 May 2000. Ganviraj Krishnanand Savant was appointed as Director on 24 May 2000.
Idea Lake Information Technologies can be reached through the website idealake.com. Its registered office is in Mumbai, Maharashtra, India.