About Ideas2it Technology Services Private Limited
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Ideas2it Technology Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 31 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2012PTC087019. Its GSTIN is 33AAFCR9893Q1ZB (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Red Fly Technologies Private Limited and Ideas2It Technologies Private Limited. It is led by directors including Murali Vivekanandan and Gayathri Vivekanandan.
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 Olympia Square C50 & C51 SIDCO Thiru – VI – Ka Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2025, the company reported a revenue of ₹156.47 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹8.68 Cr (net margin 5.6%) and EBITDA of ₹14.29 Cr (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 40% over five years.
The company has about 684 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Ideas2IT Technologies. As per MCA filings, the company has satisfied charges of ₹1.7 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 2 deals on record (2 secondary share transfers); the latest was in September 2015. Its 10 peer companies in the same principal business activity (Other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Glorybird India Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ideas2it.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOlympia Square C50 & C51 SIDCO Thiru – VI – Ka Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryInformation Technology, Software Development & Support Services
- 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 Ideas2it Technology Services Private Limited
The main business activity of Ideas2it Technology Services is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Ideas2it Technology Services Private Limited FY 2025 filings available
Ideas2it Technology Services Private Limited reported revenue of ₹156.47 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ideas2it Technology Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 14% growth in the latest year. EBITDA fell 16% 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 Ideas2it Technology Services 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 | ₹14.29 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.68 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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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Ideas2it Technology Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.6% | •••• | •••• | •••• | •••• |
| 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 Ideas2it Technology Services 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 Ideas2it Technology Services Private Limited
Ideas2it Technology Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Glorybird India Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Sonata Software Solutions Limited | •••• | •••• | •••• | •••• | 441 | Mumbai, Maharashtra, India |
| Project44 Software Services Private Limited | •••• | •••• | •••• | •••• | 233 | Bangalore North, Karnataka, India |
| Aforeserve. Com Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Goto Technologies India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Ideas2it Technology Services Private Limited this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Sixt R&D Private Limited | •••• | •••• | •••• | •••• | 261 | Bangalore, Karnataka, India |
| Argano Software Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Starmaker Entertainment Technology India Private Limited | •••• | •••• | •••• | •••• | - | Gurugram, Haryana, India |
| Expleo India Infosystems Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Altisource Business Solutions Private Limited | •••• | •••• | •••• | •••• | 914 | Bengaluru, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Ideas2it Technology Services by revenue in the same principal business activity (Other information & communication service activities), 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 Ideas2it Technology Services Private Limited
Ideas2it Technology Services Private Limited is audited by HSA & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HSA & 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 Ideas2it Technology Services Private Limited
Ideas2it Technology Services has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murali Vivekanandan Also directs: Ele5 Solutions Private Limited, Nurturebox Technologies Private Limited, Ideas2it Foundation and 1 more | Director | 31 Jul 2012 | 14 Years 2 Months | Current |
| Gayathri Vivekanandan | Director | 24 Jan 2022 | 4 Years 8 Months | Current |
| Bhavani Kattavur Raman | Director | 31 Jul 2012 | 14 Years 2 Months | Current |
Ownership and Shareholding of Ideas2it Technology Services 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 Ideas2it Technology Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Feb 2017 | Hdfc Bank Limited | ₹1.7 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Ideas2it Technology Services Private Limited
Ideas2it Technology Services Private Limited has 2 deals on record (2 secondary share transfers); the latest was in September 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Ideas2it Technology Services Private Limited
Ideas2it Technology Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Civil suit | Filed against the company by Aavanor Systems Private Limited | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Ideas2it Technology Services Private Limited
Ideas2it Technology Services operates one associated brand: Ideas2IT Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT services specializing in software development and digital transformation for businesses. | ideas2it.com |
Employees and EPFO Compliance at Ideas2it Technology Services Private Limited
Ideas2it Technology Services Private Limited has a workforce of 684 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.
Group Structure of Ideas2it Technology Services Private Limited
Ideas2it Technology Services has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Nurturebox Technologies Private Limited | U72900TN2020PTC139328 | Locked |
Showing major subsidiaries. Total: 1.
Name History of Ideas2it Technology Services Private Limited
Ideas2it Technology Services has undergone 2 name changes throughout its history. The company was previously known as Red Fly Technologies Private Limited, and Ideas2it Technologies Private Limited. The current legal name is Ideas2It Technology Services Private Limited.
| Company Name | Status |
|---|---|
| Ideas2it Technology Services Private Limited | Current |
| Red Fly Technologies Private Limited | Previous |
| Ideas2it Technologies Private Limited | Previous |
News related to Ideas2it Technology Services Private Limited
Recent Activity on Ideas2it Technology Services Private Limited
Ideas2it Technology Services Private Limited has 5 board changes on record since 2012: 3 appointments and 2 cessations. The latest: Gayathri Vivekanandan ceased to be Additional Director on 30 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Ideas2it Technology Services 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 Ideas2it Technology Services 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 Ideas2it Technology Services 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 Ideas2it Technology Services Private Limited
Ideas2it Technology Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCR9893Q1ZB | Tamil Nadu | 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 Ideas2it Technology Services 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 Ideas2it Technology Services Private Limited
Ideas2it Technology Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in software development and support services, within the information technology industry. It was incorporated on 31 July 2012 (14+ years old) and is registered under CIN U72900TN2012PTC087019.
Ideas2it Technology Services reported revenue of ₹156.47 Cr for FY 2025 (up 14% YoY).
Ideas2it Technology Services has 3 current directors:
- Murali Vivekanandan - Director
- Gayathri Vivekanandan - Director
- Bhavani Kattavur Raman - Director
Ideas2it Technology Services reported a net profit of ₹8.68 Cr (net margin 5.6%) and EBITDA of ₹14.29 Cr (EBITDA margin 9.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ideas2it Technology Services is 32% over three years and 40% over five years. In the latest year (FY 2025) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ideas2it Technology Services is 33AAFCR9893Q1ZB, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Ideas2it Technology Services is U72900TN2012PTC087019. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ideas2it Technology Services has 1 court case on record: 1 filed against it.
Ideas2it Technology Services was incorporated on 31 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
Ideas2it Technology Services has 2 deals on record (2 secondary share transfers); the latest was in September 2015.
The peers of Ideas2it Technology Services by revenue are Glorybird India Private Limited, Sonata Software Solutions Limited, Project44 Software Services Private Limited, Aforeserve. Com Limited, Goto Technologies India Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).