Ifelse Technologies Private Limited

Ifelse Technologies Private Limited - information technology in Sonipat, Haryana, India. FY 2026 financials & compliance.
CIN U74999HR2016PTC065727 Incorporated 09 September 2016 ROC Delhi HQ Sonipat, Haryana, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹3.63 Cr
▼ 5% YoY
Net profit · FY 2025
₹21.26 Lakh
Net margin 5.9%
EBITDA · FY 2025
₹31.89 Lakh
EBITDA margin 8.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹3.33 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Ifelse Technologies Private Limited

Data last updated:

Ifelse Technologies Private Limited is a private limited company based in Sonipat, Haryana, India, a subsidiary of Glitnor Marketing 2 Ltd and 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 09 September 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999HR2016PTC065727. Its GSTIN is 09AAECI2509P1Z7 (Uttar Pradesh).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.33 Lakh. It is led by directors including Pashchim Singh and Nivesh.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 15/117 Kache Kavater Mashad Mohalla, Sonipat, Haryana, India – 131001.

As per the financials filed for FY 2025, the company reported a revenue of ₹3.63 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹21.26 Lakh (net margin 5.9%) and EBITDA of ₹31.89 Lakh (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 37% over five years.

The company is associated with 1 brand: RNGplay.

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

Company Details of Ifelse Technologies Private Limited
CIN U74999HR2016PTC065727
Registration Number 065727
Incorporation Date 09 September 2016
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Glitnor Marketing 2 Ltd
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    15/117 Kache Kavater Mashad Mohalla, Sonipat, Haryana, India – 131001
  • Industry
    Information Technology, Application Development & Software Solutions
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Financials, compliance, directors, charges, ownership and filings for Ifelse Technologies Private Limited in one report.

Financials from FY 2017 Directors & ownership Charges & compliance

Associated Brands with Ifelse Technologies Private Limited

Ifelse Technologies operates one associated brand: RNGplay. Each brand links to its own profile.

BrandDescriptionWebsite
Casino slot and table games are developed by RNGplay.rngplay.com

Competitors & Alternatives of Ifelse Technologies Private Limited

Brands and companies operating in the same space as Ifelse Technologies Private Limited include PlayStudios, Huuuge Games, Head Digital Works and 5 more.

CompetitorDescriptionLocationFounded
PlayStudios PlayStudios Casino games are developed for mobile and web platforms.Burlingame, United States2011
Huuuge Games Huuuge Games Mobile casino games with social features are developed for platforms.Warsaw, Poland2014
Head Digital Works Head Digital Works Provider of online skill-based gaming platformsHyderabad, India2005
SciPlay SciPlay Casual mobile games are developed and published by SciPlay.London, United Kingdom2007
Pragmatic Play Pragmatic Play Casino games are developed for mobile and PC platforms.Gibraltar2015
Pokerface Pokerface Mobile casino games are developed and distributed on app stores.Tel Aviv, Israel2017
Gaming Realms Gaming Realms Casino and social video games are developed and licensed globally.London, United Kingdom2001
Gameskraft Gameskraft Online platforms for skill-based gaming are provided and operated.Bengaluru, India2017

Business Activity of Ifelse Technologies Private Limited

The main business activity of Ifelse Technologies 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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Turnover share and past changes in activity are in the company report.

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Auditor Details of Ifelse Technologies Private Limited

Ifelse Technologies Private Limited is audited by M K A G AND ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
M K A G AND ASSOCIATESLockedLockedLocked
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Board of Directors of Ifelse Technologies Private Limited

Ifelse Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pashchim SinghDirector09 Sep 201610 Years 0 MonthsCurrent
NiveshDirector09 Sep 201610 Years 0 MonthsCurrent
Ravi PrakashDirector26 Mar 20197 Years 6 MonthsCurrent

Financials of Ifelse Technologies Private Limited FY 2024 filings available

Ifelse Technologies Private Limited reported revenue of ₹3.63 Cr (down 5% YoY) for FY 2025.

Revenue · FY 2025
₹3.63 Cr ▼ 5%
Net profit · FY 2025
₹21.26 Lakh margin 5.9%
EBITDA · FY 2025
₹31.89 Lakh margin 8.8%

Compounded Annual Growth Rate (CAGR) of Ifelse Technologies Private Limited

Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 43%
5 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▼ 62%
3 years · compounded
▲ 72%
5 years · compounded
▲ 30%

Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 37%. EBITDA fell 62% 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 Ifelse Technologies Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹31.89 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹21.26 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 Ifelse Technologies Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin8.8%••••••••••••••••
Net Profit Margin5.9%••••••••••••••••
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••••••••••••••••••••

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 Ifelse Technologies are in the company report.

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Financial statements from FY 2017

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Ownership and Shareholding of Ifelse Technologies Private Limited

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Charges & Borrowings of Ifelse Technologies Private Limited

Ifelse Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Ifelse Technologies Private Limited

Employment history and EPFO contributions of people linked to Ifelse Technologies.

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GST Compliance of Ifelse Technologies Private Limited

Ifelse Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AAECI2509P1Z7Uttar PradeshActive08 Mar 2019
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Credit Ratings, Litigation & Regulatory Alerts for Ifelse Technologies Private Limited

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MSME Payment Delays by Ifelse Technologies Private Limited

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Subsidiaries & Group Companies of Ifelse Technologies Private Limited

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MCA Filings & Documents of Ifelse Technologies Private Limited

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Recent Activity on Ifelse Technologies Private Limited

Activity
30 Sep 2024
Ifelse Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Ifelse Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Directors
26 Mar 2019
Ravi Prakash was appointed as a Director on 26 Mar 2019 & has been associated with this company since 7 years 6 months.
Directors
09 Sep 2016
Pashchim Singh was appointed as a Director on 09 Sep 2016 & has been associated with this company since 10 years 27 days.
Directors
09 Sep 2016
Nivesh was appointed as a Director on 09 Sep 2016 & has been associated with this company since 10 years 27 days.
Activity
09 Sep 2016
Ifelse Technologies Private Limited was registered on 09 Sep 2016 with Roc Delhi & aged 10 years 27 days as per MCA records.

Recent News on Ifelse Technologies Private Limited

Frequently Asked Questions about Ifelse Technologies Private Limited

Ifelse Technologies is an active private limited company based in Sonipat, Haryana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 09 September 2016 (10+ years old) and is registered under CIN U74999HR2016PTC065727.

Ifelse Technologies reported revenue of ₹3.63 Cr for FY 2025 (down 5% YoY).

Ifelse Technologies has 3 current directors:

Ifelse Technologies reported a net profit of ₹21.26 Lakh (net margin 5.9%) and EBITDA of ₹31.89 Lakh (EBITDA margin 8.8%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Ifelse Technologies is 43% over three years and 37% over five years. In the latest year (FY 2025) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Ifelse Technologies is 09AAECI2509P1Z7, registered in Uttar Pradesh.

The CIN (Corporate Identification Number) of Ifelse Technologies is U74999HR2016PTC065727. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ifelse Technologies was incorporated on 09 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.

Yes, Ifelse Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

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