Ideate Business Services Private Limited
About Ideate Business Services Private Limited
Data last updated:
Ideate Business Services Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 03 November 2011.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2011PTC226979.
The company had an authorised share capital of ₹75 Lakh and a paid-up capital of ₹54.02 Lakh. It was formerly known as Ifgl Insurance Broking Private Limited.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at D – 118 First Floor Saket, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2018, the company reported a revenue of ₹70,000, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹1.11 Lakh (net margin -158.9%) and EBITDA of -₹1.11 Lakh (EBITDA margin -158.9%).
Company details
CIN history
Ideate Business Services has one previous CIN (Corporate Identification Number): U74900DL2011PTC226979. The current CIN is U74999DL2011PTC226979, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999DL2011PTC226979 | Current |
| U74900DL2011PTC226979 | Previous |
Contact details
Ideate Business Services Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 118 First Floor Saket, New Delhi, Delhi, India – 110017
- IndustryFinancial Services, Insurance Brokerage & Advisory
To see the full contact details of Ideate Business Services Private Limited, buy the company report.
- 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
Financials of Ideate Business Services Private Limited
FY 2018 filings availableIdeate Business Services Private Limited reported revenue of ₹70,000 (down 65% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 65% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹70,000 | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1.11 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.11 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -158.9% | |||
| Net Profit Margin | -158.9% | |||
| 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 | ||||
To see the full financial statements and ratios of Ideate Business Services Private Limited, buy the company report.
Board of directors of Ideate Business Services Private Limited
Ideate Business Services has 3 former directors on record and no current directors listed.
Auditor
Ideate Business Services Private Limited is audited by ASHWINI MISHRA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHWINI MISHRA & ASSOCIATES | FY 2018 | 019427N |
Shareholding
The shareholding of Ideate Business Services Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ideate Business Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ideate Business Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ideate Business Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ideate Business Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ideate Business Services Private Limited has 3 board changes on record since 2014: 0 appointments and 3 cessations. The latest: Ojasvita Sardana ceased to be Additional Director on 11 Jun 2019.
Frequently asked questions
Ideate Business Services has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Ideate Business Services was a private limited company based in New Delhi, Delhi, India. The company worked in insurance brokerage and advisory, within the financial services industry. It was incorporated on 03 November 2011 and is registered under CIN U74999DL2011PTC226979. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Ideate Business Services is U74999DL2011PTC226979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ideate Business Services was incorporated on 03 November 2011. It is registered with the Registrar of Companies, Delhi.
The registered office of Ideate Business Services is at D – 118 First Floor Saket, New Delhi, Delhi, India – 110017.
The latest financial statements of Ideate Business Services on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Ideate Business Services operated in the financial services industry, in the insurance brokerage and advisory segment.
Ojasvita Sardana ceased to be Additional Director on 11 Jun 2019. Sarthak Sardana ceased to be Director on 11 Jun 2019. Kush Malik ceased to be Director on 01 Aug 2014.
The compliance status of Ideate Business Services is compliant as of 02 August 2026.
Yes. Ideate Business Services was formerly known as Ifgl Insurance Broking Private Limited.
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