Idenizen Smartware Private Limited

Idenizen Smartware Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2003PTC032224 Incorporated 09 July 2003 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2017
₹1 Lakh
▼ 92% YoY
Net loss · FY 2017
₹18.78 Lakh
Latest filing
EBITDA · FY 2017
-₹11.18 Lakh
Latest filing
Authorised capital
₹13.7 Cr
Registered with MCA
Paid-up capital
₹13.63 Cr
Issued & subscribed
Open charges
₹3.23 Cr
Secured borrowings
Company age
23 yrs
Est. 2003
Directors on board
2
As per MCA filings

About Idenizen Smartware Private Limited

Data last updated:

Idenizen Smartware Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 09 July 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2003PTC032224. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹13.7 Cr and a paid-up capital of ₹13.63 Cr. It is led by directors Girish Baliga (Managing Director) and Dhirendra Shripad Kulkarni.

Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2017, the company reported a revenue of ₹1 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹18.78 Lakh and EBITDA of -₹11.18 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 89% over three years.

The company is associated with 2 brands: Smart Campus and Idenizen Careers. As per MCA filings, the company has open charges of ₹3.23 Cr on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 5 deals on record (4 funding rounds, 1 acquisition), with disclosed funding of ₹16.22 Cr; the latest was in April 2015. Its 10 peer companies in the Outsourcing industry (Application Development, HR Outsourcing) are compared by revenue, 5 larger and 5 smaller; the largest is Afferent Technologies Private Limited.

The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website idenizen.com.

Company Details of Idenizen Smartware Private Limited
CIN U72900KA2003PTC032224
Registration Number 032224
Incorporation Date 09 July 2003
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2017
Date of Balance Sheet 31 March 2017
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    No. 562/640. B Block Ground Floor Janardhana Tower Bilekahalli Bannerghat, Ta Road, Bangalore, Karnataka, India – 560076
  • Industry
    Information Technology, Application Development & Software Solutions
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Financials, compliance, directors, charges, ownership and filings for Idenizen Smartware Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Idenizen Smartware Private Limited

The main business activity of Idenizen Smartware is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Idenizen Smartware Private Limited FY 2017 filings available

Idenizen Smartware Private Limited reported revenue of ₹1 Lakh (down 92% YoY) for FY 2017.

Revenue · FY 2017
₹1 Lakh ▼ 92%
Net loss · FY 2017
₹18.78 Lakh
EBITDA · FY 2017
-₹11.18 Lakh

Compounded Annual Growth Rate (CAGR) of Idenizen Smartware Private Limited

Revenue CAGR growth
1 year
▼ 92%
3 years · compounded
▼ 89%
EBITDA CAGR growth
1 year
▲ 84%
3 years · compounded
▼ 32%

Revenue has declined at a compounded annual rate (CAGR) of 89% over three years, including a 92% fall in the latest year. EBITDA rose 84% 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 Idenizen Smartware Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••
Other Income••••••••••••
Total Revenue₹1 Lakh••••••••
Cost of Materials Consumed••••••••••••
Employee Benefit Expense••••••••••••
Finance Costs••••••••••••
Depreciation and Amortisation••••••••••••
Other Expenses••••••••••••
Total Expenses••••••••••••
EBITDA-₹11.18 Lakh••••••••
Profit Before Tax••••••••••••
Tax Expense••••••••••••
Net Profit (PAT)-₹18.78 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 of Idenizen Smartware Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin••••••••••••
Net Profit Margin••••••••••••
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 Idenizen Smartware are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of Idenizen Smartware Private Limited

Idenizen Smartware Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Application Development, HR Outsourcing). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Afferent Technologies Private Limited••••••••••••••••-Hyderabad, Telangana, India
Atheva Services Private Limited••••••••••••••••-Ahmedabad, Gujarat, India
Orez Staffing Services Private Limited••••••••••••••••-Medak, Telangana, India
Tridentzimmigration & Abroad Studies Private Limited••••••••••••••••-Ernakulam, Kerala, India
Exin Media Limited••••••••••••••••-Kolkata, West Bengal, India
Idenizen Smartware Private Limited this company••••••••••••••••-Bangalore, Karnataka, India
Rolta Defence Technology Systems Private Limited••••••••••••••••-Mumbai, Maharashtra, India
Land Asset Technologies Private Limited••••••••••••••••-Indore, Madhya Pradesh, India
Sai Prasan Consultancy Private Limited••••••••••••••••-Mumbai, Maharashtra, India
Mayavruksham Private Limited••••••••••••••••-Mettupalayam, Tamil Nadu, India
Spatika Technologies (I) Private Limited••••••••••••••••-Visakhapatnam, Andhra Pradesh, India

Peers are the five companies nearest above and the five nearest below Idenizen Smartware by revenue in the Outsourcing industry (Application Development, HR Outsourcing), 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 Idenizen Smartware Private Limited

Idenizen Smartware Private Limited is audited by M R JAYAPRAKASH & ASSOCIATES for the financial year 2017.

NameStatusAppointment DateCessation Date
M R JAYAPRAKASH & ASSOCIATESLockedLockedLocked
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Board of Directors of Idenizen Smartware Private Limited

Idenizen Smartware has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dhirendra Shripad KulkarniDirector04 Mar 201115 Years 7 MonthsCurrent
Girish BaligaManaging Director16 Jun 200422 Years 3 MonthsCurrent

Ownership and Shareholding of Idenizen Smartware Private Limited

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Charges & Borrowings of Idenizen Smartware Private Limited

Open charges
₹3.23 Cr
Satisfied charges
None
Breakdown by lending institutions
Corporation Bank₹3.23 Cr
Latest charge details
DateLenderAmountStatus
16 Jan 2009Corporation Bank₹3.23 CrOpen

Total charge records: 1 View all charges

Deals & Funding of Idenizen Smartware Private Limited

Idenizen Smartware Private Limited has 5 deals on record (4 funding rounds, 1 acquisition), with disclosed funding of ₹16.22 Cr; the latest was in April 2015.

Total deals
5
Funding rounds
4
Acquisition
1
Disclosed funding
₹16.22 Cr

Deals on record (2 of 5)

WhenDealAmountParties
Apr 2015AcquisitionUndisclosedBuyer: Campus Management Corporation
Seller: Kalaari Capital
Feb 2008Funding round · Pre-Series A₹1.85 CrInvestors: Avana Consulting Private Limited , 2 individuals
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Full deal history

All 5 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Associated Brands with Idenizen Smartware Private Limited

Idenizen Smartware operates two associated brands: Smart Campus and Idenizen Careers. Each brand links to its own profile.

BrandDescriptionWebsite
ERP solutions for educational institutes are provided.smartcampus.in
Limited information availableidenizen.com

Employees and EPFO Compliance at Idenizen Smartware Private Limited

Employment history and EPFO contributions of people linked to Idenizen Smartware.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Idenizen Smartware Private Limited

Idenizen Smartware Private Limited has 9 board changes on record since 2004: 2 appointments and 7 cessations. The latest: Umesh Malhotra ceased to be Director on 18 Mar 2011.

AGM
Idenizen Smartware Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.
Filing
Idenizen Smartware Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Bangalore.
Ceased
Umesh Malhotra ceased to be Director.
Appointed
Dhirendra Shripad Kulkarni was appointed as Director.
Ceased
Dhirendra Shripad Kulkarni ceased to be Additional Director.
Ceased
Kumar Shiralagi ceased to be Director.
Charges
A charge with Corporation Bank of Rs. 3.23 Cr registered on 16 Jan 2009 with Charge ID 10140056 was modified on 24 Jun 2010.
Ceased
Sampathkumar Ranganathan Pudhukottai ceased to be Additional Director.
Charges
A charge with Corporation Bank amounted to Rs. 3.23 Cr with Charge ID 10140056 was registered on 16 Jan 2009.
Ceased
Kuzhivelil Sebastian Thomas ceased to be Director.
Ceased
Ravindra Bailur Kini ceased to be Director.
Ceased
Uday Shankar Rajaram Manjeshwar ceased to be Director.

2 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Idenizen Smartware Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Idenizen Smartware Private Limited

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Subsidiaries & Group Companies of Idenizen Smartware Private Limited

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GST Compliance of Idenizen Smartware Private Limited

Idenizen Smartware has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Idenizen Smartware Private Limited

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MCA filings and documents

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Frequently Asked Questions about Idenizen Smartware Private Limited

Idenizen Smartware is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 09 July 2003 (23+ years old) and is registered under CIN U72900KA2003PTC032224.

Idenizen Smartware reported revenue of ₹1 Lakh for FY 2017 (down 92% YoY).

Idenizen Smartware has 2 current directors:

Idenizen Smartware reported a net loss of ₹18.78 Lakh and EBITDA of -₹11.18 Lakh for FY 2017, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Idenizen Smartware is -89% over three years. In the latest year (FY 2017) revenue fell 92%. CAGR is the steady yearly rate that links the first and the last year.

No. Idenizen Smartware has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Idenizen Smartware is U72900KA2003PTC032224. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Idenizen Smartware has 3 court cases on record: 3 filed against it.

Idenizen Smartware was incorporated on 09 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.

Idenizen Smartware has 5 deals on record (4 funding rounds, 1 acquisition), with disclosed funding of ₹16.22 Cr; the latest was in April 2015.

The peers of Idenizen Smartware by revenue are Afferent Technologies Private Limited, Atheva Services Private Limited, Orez Staffing Services Private Limited, Tridentzimmigration & Abroad Studies Private Limited, Exin Media Limited and 5 more, all in the Outsourcing industry (Application Development, HR Outsourcing).

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