If Solution (OPC) Private Limited

If Solution (OPC) Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72900TN2021OPC147418 Incorporated 26 October 2021 ROC Chennai HQ Chennai, Tamil Nadu, India
Active information technology
Data last updated
Revenue · FY 2023
₹1.81 Lakh
▼ 48% YoY
Net profit · FY 2023
₹5,646
Net margin 3.1%
EBITDA · FY 2023
₹10,747
EBITDA margin 5.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
1
As per MCA filings
Active GSTINs
1
GST registered

About If Solution (OPC) Private Limited

Data last updated:

If Solution (OPC) Private Limited is a one person company based in Chennai, Tamil Nadu, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 26 October 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2021OPC147418. Its GSTIN is 33AAGCI3786E1ZK (Tamil Nadu).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by director Prasanna Abarna.

Its latest financial statements are for the year ended 31 March 2023. The registered office is at 7/10 Bhujangaroa Street Radha Nagar Chrompet, Chennai, Tamil Nadu, India – 600044.

As per the financials filed for FY 2023, the company reported a revenue of ₹1.81 Lakh, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹5,646 (net margin 3.1%) and EBITDA of ₹10,747 (EBITDA margin 5.9%).

Company Details of If Solution (OPC) Private Limited
CIN U72900TN2021OPC147418
Registration Number 147418
Incorporation Date 26 October 2021
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Balance Sheet 31 March 2023
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    7/10 Bhujangaroa Street Radha Nagar Chrompet, Chennai, Tamil Nadu, India – 600044
  • Industry
    Information Technology, Other Computer Related Activities
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Financials, compliance, directors, charges, ownership and filings for If Solution (OPC) Private Limited in one report.

Financials from FY 2022 Directors & ownership Charges & compliance

Business Activity of If Solution (OPC) Private Limited

The main business activity of If Solution is information and communication. In detail, this covers other information & communication service activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ8Other information & communication service activitiesLocked
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Financials of If Solution (OPC) Private Limited FY 2023 filings available

If Solution (OPC) Private Limited reported revenue of ₹1.81 Lakh (down 48% YoY) for FY 2023.

Revenue · FY 2023
₹1.81 Lakh ▼ 48%
Net profit · FY 2023
₹5,646 margin 3.1%
EBITDA · FY 2023
₹10,747 margin 5.9%

Compounded Annual Growth Rate (CAGR) of If Solution (OPC) Private Limited

Revenue CAGR growth
1 year
▼ 48%
EBITDA CAGR growth
1 year
▲ 112%

Revenue fell 48% in the latest year. EBITDA rose 112% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of If Solution (OPC) Private Limited

MetricsFY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations••••••••
Other Income••••••••
Total Revenue••••••••
Cost of Materials Consumed••••••••
Employee Benefit Expense••••••••
Finance Costs••••••••
Depreciation and Amortisation••••••••
Other Expenses••••••••
Total Expenses••••••••
EBITDA₹10,747••••
Profit Before Tax••••••••
Tax Expense••••••••
Net Profit (PAT)₹5,646••••
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 If Solution (OPC) Private Limited

MetricsFY 2022-23FY 2021-22
Profitability
EBITDA Margin5.9%••••
Net Profit Margin3.1%••••
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 If Solution are in the company report.

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Financial statements from FY 2022

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Board of Directors of If Solution (OPC) Private Limited

If Solution has 1 director on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Prasanna AbarnaDirector26 Oct 20214 Years 11 MonthsCurrent

Peer Comparison of If Solution (OPC) Private Limited

If Solution (OPC) Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Advanced Trade Integrations & Solutions Private Limited₹1.82 Lakh (FY 2021)••••••••••••Pune, Maharashtra, India
Syense Technology (OPC) Private Limited₹1.82 Lakh (FY 2025)••••••••-74.0%••••Vyttila, Kerala, India
Lia Solutions Private Limited₹1.82 Lakh (FY 2025)••••••••25.0%••••Gaya, Bihar, India
Quickachieve Technologies Private Limited₹1.82 Lakh (FY 2016)••••••••-95.0%••••New Delhi, Delhi, India
Tatvamasi Service Private Limited₹1.82 Lakh (FY 2024)••••••••-86.0%••••Ranchi, Jharkhand, India
If Solution (OPC) Private Limited this company₹1.81 Lakh (FY 2023)••••••••-48.0%••••Chennai, Tamil Nadu, India
Digisays Infotech (OPC) Private Limited₹1.81 Lakh (FY 2018)••••••••••••Raipur, Chhattisgarh, India
Nyutechden Engineering Private Limited₹1.81 Lakh (FY 2024)••••••••170.0%••••Chapra, Bihar, India
Lannage Solutions Private Limited₹1.81 Lakh (FY 2018)••••••••80.0%••••New Delhi, Delhi, India
Tavleen Outsourcing Solution Private Limited₹1.81 Lakh (FY 2020)••••••••-59.0%••••Kanpur, Uttar Pradesh, India
Pab Tech Ventures Private Limited₹1.81 Lakh (FY 2024)••••••••••••Vadodara, Gujarat, India

Peers are the five companies nearest above and the five nearest below If Solution by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Ownership and Shareholding of If Solution (OPC) Private Limited

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Charges & Borrowings of If Solution (OPC) Private Limited

If Solution (OPC) Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at If Solution (OPC) Private Limited

If Solution (OPC) Private Limited has a workforce of 0 employees as of Apr 08, 2024.

Active EPFO establishments
1
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Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on If Solution (OPC) Private Limited

If Solution (OPC) Private Limited has 1 board change on record since 2021: 1 appointment. The latest: Prasanna Abarna was appointed as Director on 26 Oct 2021.

Filing
If Solution (Opc) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Appointed
Prasanna Abarna was appointed as Director.
Incorporation
26 Oct 2021
If Solution (Opc) Private Limited was registered on 26 Oct 2021 with Roc Chennai & aged 4 years 11 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for If Solution (OPC) Private Limited

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MSME Payment Delays by If Solution (OPC) Private Limited

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Subsidiaries & Group Companies of If Solution (OPC) Private Limited

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GST Compliance of If Solution (OPC) Private Limited

If Solution has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAGCI3786E1ZKTamil NaduActive08 Nov 2021
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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 If Solution (OPC) Private Limited

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Frequently Asked Questions about If Solution (OPC) Private Limited

If Solution is an active company based in Chennai, Tamil Nadu, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 26 October 2021 (5+ years old) and is registered under CIN U72900TN2021OPC147418.

If Solution reported revenue of ₹1.81 Lakh for FY 2023 (down 48% YoY).

If Solution has 1 current director:

If Solution reported a net profit of ₹5,646 (net margin 3.1%) and EBITDA of ₹10,747 (EBITDA margin 5.9%) for FY 2023, as per its filed financial statements.

The GSTIN of If Solution is 33AAGCI3786E1ZK, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of If Solution is U72900TN2021OPC147418. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

If Solution was incorporated on 26 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of If Solution by revenue are Advanced Trade Integrations & Solutions Private Limited, Syense Technology (OPC) Private Limited, Lia Solutions Private Limited, Quickachieve Technologies Private Limited, Tatvamasi Service Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).

Prasanna Abarna was appointed as Director on 26 Oct 2021.

The registered office of If Solution is at 710 Bhujangaroa Street Radha Nagar Chrompet, Chennai, Tamil Nadu, India – 600044.

If Solution has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.

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