About Ideate Systems India Private Limited
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Ideate Systems India Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2017PTC167948. Its GSTIN is 27AAECI5462M1Z5 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Anand Sitaram Lagad and Mayur Chandrakant Marne.
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 Fl – 11 Sn – 12/4 Rajaram Niwas Nr Lagad Poultry Nanded Pune, Maharashtra, India – 411041.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.64 Lakh, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹2.06 Lakh (net margin 6.7%) and EBITDA of ₹3.2 Lakh (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 80% over three years and 75% over five years.
The company is associated with 3 brands: Amowa, Ideate Systems and Glit Edge.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ideatesystemsindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFl – 11 Sn – 12/4 Rajaram Niwas Nr Lagad Poultry Nanded Pune, Maharashtra, India – 411041
- 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
Associated Brands with Ideate Systems India Private Limited
Ideate Systems India operates multiple associated brands including Amowa, Ideate Systems, and Glit Edge. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers custom software, digital marketing, and mobile app development services. | ideatesystemsindia.com | |
| Provides RERA regulatory services for real estate projects and compliance in India. | glitedge.com | |
| Offers personalized financial advice, investment consulting, and portfolio management services. | prosperwaveindia.com |
Competitors & Alternatives of Ideate Systems India Private Limited
Brands and companies operating in the same space as Ideate Systems India Private Limited include Procore, Fidelity Investments, UTI Mutual Fund and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Procore | SaaS project management software is provided for construction professionals. | Carpinteria, United States | 2003 |
 Fidelity Investments | Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | Boston, United States | 1946 |
 UTI Mutual Fund | Mutual funds, portfolio management, and retirement planning services are offered. | Mumbai, India | 2001 |
 Goldman Sachs | Investment banking services are delivered across multiple financial sectors. | New York, United States | 1869 |
 Hover | Hover is recognized for providing construction and renovation software solutions. | San Francisco, United States | 2011 |
 S&P Global | Platform offering business intelligence solutions that combine data and actionable analytics for clients | New York, United States | 1917 |
 S⁴Capital | Digital advertising and content marketing services are provided globally. | London, United Kingdom | 2014 |
 Nemetschek Group | Provider of management solutions for the construction sector | Munich, Germany | 1963 |
 Sundaram Finance | Provider of consumer & SME loans and equipment & vehicle leasing services | Chennai, India | 1954 |
 Bank of America | Commercial banking and asset management services are offered worldwide. | Charlotte, United States | 1904 |
Business Activity of Ideate Systems India Private Limited
The main business activity of Ideate Systems India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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.
Auditor Details of Ideate Systems India Private Limited
Ideate Systems India Private Limited is audited by Sandip Aswale and Company for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sandip Aswale and Company | 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 Ideate Systems India Private Limited
Ideate Systems India 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 |
|---|---|---|---|---|
| Anand Sitaram Lagad | Director | 17 Apr 2019 | 7 Years 5 Months | Current |
| Mayur Chandrakant Marne | Director | 13 Jan 2017 | 9 Years 8 Months | Current |
| Vijay Lagad Sitaram | Director | 31 Jan 2025 | 1 Years 8 Months | Current |
Financials of Ideate Systems India Private Limited FY 2025 filings available
Ideate Systems India Private Limited reported revenue of ₹30.64 Lakh (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ideate Systems India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 75% over five years, including 26% growth in the latest year. EBITDA rose 68% 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 Ideate Systems India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.2 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.06 Lakh | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Ideate Systems India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.7% | •••• | •••• | •••• | •••• |
| 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 Ideate Systems India are in the company report.
Financial statements from FY 2017
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.
Ownership and Shareholding of Ideate Systems India 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 Ideate Systems India Private Limited
Ideate Systems India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ideate Systems India Private Limited
Employment history and EPFO contributions of people linked to Ideate Systems India.
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.
GST Compliance of Ideate Systems India Private Limited
Ideate Systems India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECI5462M1Z5 | Maharashtra | Active | 17 Nov 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.
Credit Ratings, Litigation & Regulatory Alerts for Ideate Systems India 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 Ideate Systems India 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 Ideate Systems India 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.
MCA Filings & Documents of Ideate Systems India 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.
Recent Activity on Ideate Systems India Private Limited
Frequently Asked Questions about Ideate Systems India Private Limited
Ideate Systems India is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 January 2017 (9+ years old) and is registered under CIN U72900PN2017PTC167948.
Ideate Systems India reported revenue of ₹30.64 Lakh for FY 2025 (up 26% YoY).
Ideate Systems India has 3 current directors:
- Anand Sitaram Lagad - Director
- Mayur Chandrakant Marne - Director
- Vijay Lagad Sitaram - Director
Ideate Systems India reported a net profit of ₹2.06 Lakh (net margin 6.7%) and EBITDA of ₹3.2 Lakh (EBITDA margin 10.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ideate Systems India is 80% over three years and 75% over five years. In the latest year (FY 2025) revenue rose 26%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ideate Systems India is 27AAECI5462M1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ideate Systems India is U72900PN2017PTC167948. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ideate Systems India was incorporated on 13 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
Yes, Ideate Systems India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).