Ideassion Technology Solutions LLP

Ideassion Technology Solutions LLP - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
LLPIN AAQ-4304 Incorporated 30 August 2019 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Limited Liability Partnership information technology DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹9.84 Cr
▲ 729.65% YoY
Net profit · FY 2024
₹54.1 Lakh
Net margin 5.5%
EBITDA · FY 2024
₹98.88 Lakh
EBITDA margin 10%
Contribution obligation
₹50,000
As per LLP agreement
Open charges
₹3.75 Cr
Secured borrowings
LLP age
7 yrs
Est. 2019
Employees · EPFO
129
Provident fund records
Designated partners
3
As per MCA filings

About Ideassion Technology Solutions LLP

Data last updated:

Ideassion Technology Solutions LLP is a limited liability partnership (LLP) based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 August 2019 and has been in existence for over 7 years.

The LLP is registered with the Registrar of Companies (ROC), Chennai, under LLPIN AAQ-4304. Its GSTIN is 33AAHFI8114L2Z9 (Tamil Nadu). The LLP holds 2 GST registrations, of which 1 is active.

The LLP has a total obligation of contribution of ₹50,000. It is led by designated partners including Chand Sheriff Imthyaz and Shan Sharmila.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 29/8 Mirza Hyderali Street Royapettah, Chennai, Tamil Nadu, India – 600014.

As per the financials filed for FY 2024, the LLP reported a revenue of ₹9.84 Cr. For the same year it recorded a net profit of ₹54.1 Lakh (net margin 5.5%) and EBITDA of ₹98.88 Lakh (EBITDA margin 10%).

The LLP has about 129 employees on its provident fund (EPFO) records.

The LLP is associated with 1 brand: Ideassion Technology Solutions. As per MCA filings, the LLP has open charges of ₹3.75 Cr on record.

Ideassion Technology Solutions LLP is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0059006). For more details, the LLP can be reached via its website ideassion.com.

Company details

LLPIN AAQ-4304
Incorporation Date 30 August 2019
Total Obligation of Contribution ₹50,000
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0059006

Recognitions & Rankings of Ideassion Technology Solutions

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-TN-02-0059006

Contact details

Ideassion Technology Solutions LLP's registered office is in Chennai, Tamil Nadu. Its website is ideassion.com. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    29/8 Mirza Hyderali Street Royapettah, Chennai, Tamil Nadu, India – 600014
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Ideassion Technology Solutions LLP, buy the company report.

Comprehensive company report
Ideassion Technology Solutions LLP - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Ideassion Technology Solutions operates one associated brand: Ideassion Technology Solutions. Each brand links to its own profile.

BrandDescriptionWebsite
Provides web and mobile application development, UI/UX design, and cybersecurity management services.ideassion.com

Financials of Ideassion Technology Solutions LLP

FY 2025 filings available

Ideassion Technology Solutions LLP reported revenue of ₹9.84 Cr for FY 2024.

Revenue · FY 2024
₹9.84 Cr
Net profit · FY 2024
₹54.1 Lakh margin 5.5%
EBITDA · FY 2024
₹98.88 Lakh margin 10%

Financial Statement Summary

Statement of Account and SolvencyFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income and Expenditure
Turnover
Other Income
Total Income
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax₹54.1 Lakh
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
Net Profit Margin5.5%
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
Receivable Days
Turnover Growth
Profit Growth

To see the full financial statements and ratios of Ideassion Technology Solutions LLP, buy the company report.

Designated partners of Ideassion Technology Solutions LLP

Ideassion Technology Solutions has 3 designated partners on record. No former designated partners are listed.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Chand Sheriff ImthyazDesignated Partner28 Feb 20233 Years 7 MonthsCurrent
Shan SharmilaDesignated Partner30 Aug 20197 Years 1 MonthsCurrent
Gunasekar KarthikDesignated Partner30 Aug 20197 Years 1 MonthsCurrent

Charges & borrowings

Open charges
₹3.75 Cr
Satisfied charges
None
Breakdown by lending institutions
Yes Bank Limited₹3.00 Cr
Icici Bank Limited₹0.75 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Aug 2024100973177Yes Bank Limited₹3 CrOpen
05 Mar 2024100892226Icici Bank Limited₹75 LakhOpen

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ideassion Technology Solutions LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Ideassion Technology Solutions LLP has a workforce of 129 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
129
Active EPFO establishments
1
Employee growth
57.32%

GST

Ideassion Technology Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
33AAHFI8114L2Z9Tamil NaduActive24 Dec 2020

To see the full GST registrations and return filing status of Ideassion Technology Solutions LLP, buy the company report.

Recent activity

Ideassion Technology Solutions LLP has 3 designated partner changes on record since 2019: 3 appointments. The latest: Chand Sheriff Imthyaz was appointed as Designated Partner on 28 Feb 2023.

AGM
Ideassion Technology Solutions Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Ideassion Technology Solutions Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Yes Bank Limited amounted to Rs. 30,000,000.00 with Charge ID 100973177 was registered on 23 Aug 2024.
Charges
A charge with Icici Bank Limited amounted to Rs. 7,500,000.00 with Charge ID 100892226 was registered on 05 Mar 2024.
Appointed
Chand Sheriff Imthyaz was appointed as Designated Partner.
Appointed
Gunasekar Karthik was appointed as Designated Partner.
Appointed
Shan Sharmila was appointed as Designated Partner.
Incorporation
30 Aug 2019
Ideassion Technology Solutions Llp was registered on 30 Aug 2019 with Roc Chennai & aged 7 years 1 month as per MCA records.

Frequently asked questions

Ideassion Technology Solutions is an active limited liability partnership based in Chennai, Tamil Nadu, India. The LLP works in IT consulting and support services, within the information technology industry. It was incorporated on 30 August 2019 (7+ years old) and is registered under LLPIN AAQ-4304.

Ideassion Technology Solutions has 3 current designated partners:

The latest financial statements of Ideassion Technology Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Ideassion Technology Solutions is 33AAHFI8114L2Z9, registered in Tamil Nadu. The LLP has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The LLPIN (Limited Liability Partnership Identification Number) of Ideassion Technology Solutions is AAQ-4304. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Ideassion Technology Solutions was incorporated on 30 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.

Chand Sheriff Imthyaz was appointed as Designated Partner on 28 Feb 2023. Gunasekar Karthik was appointed as Designated Partner on 30 Aug 2019. Shan Sharmila was appointed as Designated Partner on 30 Aug 2019.

Yes, Ideassion Technology Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Ideassion Technology Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0059006).

Ideassion Technology Solutions can be reached through the website ideassion.com. Its registered office is in Chennai, Tamil Nadu, India.