
Ideation Distribution Services Private Limited
About Ideation Distribution Services Private Limited
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Ideation Distribution Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the specialised services segment of the trading and commerce sector. It was incorporated on 13 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51909TN2021PTC144717. Its GSTIN is 33AAGCI2176Q1Z5 (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Udayakumar Suresh and Narayanapillai Thanammal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Shop No 111 & 112 Plaza Centre 129 G N Chetty Road T Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.18 Lakh, a growth of 106% compared to the previous year. For the same year it recorded a net loss of ₹2.8 Lakh (net margin -128.4%) and EBITDA of -₹2.52 Lakh (EBITDA margin -115.3%).
Company details
Recognitions & Rankings of Ideation Distribution Services
Contact details
Ideation Distribution Services Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressShop No 111 & 112 Plaza Centre 129 G N Chetty Road T Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryTrading, Specialty, Wholesale
To see the full contact details of Ideation Distribution 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
Business activity
The main business activity of Ideation Distribution Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Ideation Distribution Services Private Limited, buy the company report.
Financials of Ideation Distribution Services Private Limited
FY 2023 filings availableIdeation Distribution Services Private Limited reported revenue of ₹2.18 Lakh (up 106% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 106% in the latest year. EBITDA rose 71% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
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| EBITDA | -₹2.52 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹2.8 Lakh | |
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -115.3% | |
| Net Profit Margin | -128.4% | |
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To see the full financial statements and ratios of Ideation Distribution Services Private Limited, buy the company report.
Board of directors of Ideation Distribution Services Private Limited
Ideation Distribution Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Udayakumar Suresh | Director | 13 Jul 2021 | 5 Years 3 Months | Current |
| Narayanapillai Thanammal | Director | 01 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Ideation Distribution Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hiramoti Electron Private Limited | ₹2.19 Lakh (FY 2024) | 22.0% | Kolkata, West Bengal, India | |||
| Horus Wealth and Wellness Consultants Private Limited | ₹2.19 Lakh (FY 2025) | 184.0% | Pune, Maharashtra, India | |||
| Kantha Distributors Private Limited | ₹2.19 Lakh (FY 2023) | -14.0% | Kolkata, West Bengal, India | |||
| Valueflow Private Limited | ₹2.19 Lakh (FY 2025) | 23.0% | Chandigarh, India | |||
| Seascape Hospitality Private Limited | ₹2.19 Lakh (FY 2024) | -91.0% | Delhi, India | |||
| Ideation Distribution Services Private Limitedthis company | ₹2.18 Lakh (FY 2023) | -₹2.8 Lakh | -128.4% | 106.0% | Chennai, Tamil Nadu, India | |
| Corporate Scrips Private Limited | ₹2.17 Lakh (FY 2025) | -6.0% | Ludhiana, Punjab, India | |||
| First Ray Fintrade Services Private Limited | ₹2.17 Lakh (FY 2018) | 1.0% | Mumbai, Maharashtra, India | |||
| Saathi Investor Consultancy Private Limited | ₹2.17 Lakh (FY 2025) | -34.0% | Jaipur, Rajasthan, India | |||
| JMP Solutions Limited | ₹2.17 Lakh (FY 2020) | 155.0% | Kolkata, West Bengal, India | |||
| Merida Business Solutions Private Limited | ₹2.17 Lakh (FY 2022) | 9.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Ideation Distribution Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ideation Distribution 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 Ideation Distribution Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ideation Distribution Services Private Limited has 1 active EPFO establishment as of Mar 27, 2024.
GST
Ideation Distribution Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCI2176Q1Z5 | Tamil Nadu | Active | 12 Aug 2021 |
To see the full GST registrations and return filing status of Ideation Distribution Services Private Limited, buy the company report.
Recent activity
Ideation Distribution Services Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Narayanapillai Thanammal was appointed as Director on 01 Dec 2022.
Frequently asked questions
Ideation Distribution Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in specialty, within the trading industry. It was incorporated on 13 July 2021 (5+ years old) and is registered under CIN U51909TN2021PTC144717.
Ideation Distribution Services has 2 current directors:
- Udayakumar Suresh - Director
- Narayanapillai Thanammal - Director
The latest financial statements of Ideation Distribution Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Ideation Distribution Services is 33AAGCI2176Q1Z5, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Ideation Distribution Services is U51909TN2021PTC144717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ideation Distribution Services was incorporated on 13 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Ideation Distribution Services by revenue are Hiramoti Electron Private Limited, Horus Wealth and Wellness Consultants Private Limited, Kantha Distributors Private Limited, Valueflow Private Limited, Seascape Hospitality Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Narayanapillai Thanammal was appointed as Director on 01 Dec 2022. Sathishkumar Subramani ceased to be Director on 01 Dec 2022. Vinod ceased to be Director on 01 Dec 2022. Ideation Distribution Services has 4 board changes on record in total.
Yes, Ideation Distribution Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Ideation Distribution Services is at Shop No 111 & 112 Plaza Centre 129 G N Chetty Road T Nagar, Chennai, Tamil Nadu, India – 600017.
Ideation Distribution Services operates in the trading industry, in the specialty segment.