About Ideafloats Technologies Private Limited
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Ideafloats Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 13 April 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022PTC160024.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Prashant Halaki and Renuka Siddarudh Halaki.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.88 Lakh, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹8.25 Lakh (net margin -59.5%) and EBITDA of -₹7.31 Lakh (EBITDA margin -52.7%).
The company is associated with 1 brand: Ideafloats Technologies.
For more details, the company can be reached via its website ideafloats.com.
- EmailLocked
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- Social MediaLocked
- Registered AddressNo. 14 (Old No. 263) 1st Floor B G Arcade, 9th Main Road Hosahalli Extension, Bangalore, Karnataka, India – 560040
- IndustryInformation Technology, Other Computer Related Activities
- 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 Ideafloats Technologies Private Limited
The main business activity of Ideafloats 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 Ideafloats Technologies Private Limited FY 2025 filings available
Ideafloats Technologies Private Limited reported revenue of ₹13.88 Lakh (down 84% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ideafloats Technologies Private Limited
Revenue fell 84% in the latest year. EBITDA fell 131% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Ideafloats Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | -₹7.31 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹8.25 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 Ideafloats Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -52.7% | •••• |
| Net Profit Margin | -59.5% | •••• |
| 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 Ideafloats Technologies are in the company report.
Financial statements from FY 2023
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 Ideafloats Technologies Private Limited
Ideafloats Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sporting Mindz Technology Private Limited | ₹13.88 Lakh (FY 2018) | •••• | •••• | -71.0% | •••• | Bangalore, Karnataka, India |
| Omega Systems and Services Private Limited | ₹13.88 Lakh (FY 2025) | •••• | •••• | 25.0% | •••• | Pune, Maharashtra, India |
| Themeshopy Private Limited | ₹13.88 Lakh (FY 2022) | •••• | •••• | 2102.0% | •••• | Nagpur, Maharashtra, India |
| Software Kraft Solutions Private Limited | ₹13.88 Lakh (FY 2025) | •••• | •••• | 17.0% | •••• | Pune, Maharashtra, India |
| Ideafloats Technologies Private Limited this company | ₹13.88 Lakh (FY 2024) | •••• | •••• | -84.0% | •••• | Bangalore, Karnataka, India |
| Serment Infotech Private Limited | ₹13.88 Lakh (FY 2024) | •••• | •••• | -29.0% | •••• | Hyderabad, Telangana, India |
| Maxwell Computer Solutions Private Limited | ₹13.87 Lakh (FY 2022) | •••• | •••• | 548.0% | •••• | Hyderabad, Telangana, India |
| Rysan IT Services Private Limited | ₹13.87 Lakh (FY 2024) | •••• | •••• | 315.0% | •••• | Rajahmundry, Andhra Pradesh, India |
| Boilerplate Technologies Private Limited | ₹13.87 Lakh (FY 2021) | •••• | •••• | 794.0% | •••• | Bangalore, Karnataka, India |
| Forsure Solutions Private Limited | ₹13.87 Lakh (FY 2019) | •••• | •••• | -62.0% | •••• | New Delhi, Delhi, India |
| Macrofix Software Private Limited | ₹13.87 Lakh (FY 2024) | •••• | •••• | 262.0% | •••• | Secunderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Ideafloats Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Ideafloats Technologies Private Limited
Ideafloats Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Halaki | Director | 18 Jan 2024 | 2 Years 8 Months | Current |
| Renuka Siddarudh Halaki | Director | 13 Apr 2022 | 4 Years 5 Months | Current |
Charges & Borrowings of Ideafloats Technologies Private Limited
Ideafloats Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Ideafloats Technologies Private Limited
Ideafloats Technologies operates one associated brand: Ideafloats Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a comprehensive suite of IT services to enhance daily business operations. | ideafloats.com |
Employees and EPFO Compliance at Ideafloats Technologies Private Limited
Employment history and EPFO contributions of people linked to Ideafloats Technologies.
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 Ideafloats Technologies Private Limited
Ideafloats Technologies Private Limited has 5 board changes on record since 2022: 2 appointments and 3 cessations. The latest: Prashant Halaki ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Ideafloats 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 Ideafloats 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 Ideafloats 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 Ideafloats Technologies Private Limited
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 Ideafloats 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 Ideafloats Technologies Private Limited
Ideafloats Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 13 April 2022 (4+ years old) and is registered under CIN U72900KA2022PTC160024.
Ideafloats Technologies reported revenue of ₹13.88 Lakh for FY 2024 (down 84% YoY).
Ideafloats Technologies has 2 current directors:
- Prashant Halaki - Director
- Renuka Siddarudh Halaki - Director
Ideafloats Technologies reported a net loss of ₹8.25 Lakh (net margin -59.5%) and EBITDA of -₹7.31 Lakh (EBITDA margin -52.7%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Ideafloats Technologies is U72900KA2022PTC160024. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ideafloats Technologies was incorporated on 13 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ideafloats Technologies by revenue are Sporting Mindz Technology Private Limited, Omega Systems and Services Private Limited, Themeshopy Private Limited, Software Kraft Solutions Private Limited, Serment Infotech Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Prashant Halaki ceased to be Additional Director on 29 Sep 2024. Ponniah Jeyasankar ceased to be Director on 03 Feb 2024. Shiva Shankar Kalyani ceased to be Director on 03 Feb 2024. Ideafloats Technologies has 5 board changes on record in total.
Ideafloats Technologies can be reached through the website ideafloats.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Ideafloats Technologies is at No. 14 Old No. 263 1st Floor B G Arcade, 9th Main Road Hosahalli Extension, Bangalore, Karnataka, India – 560040.
Ideafloats Technologies has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.