About Igenero Web Solutions Private Limited
Data last updated:
Igenero Web Solutions Private Limited was a private limited company based in Hyderabad, Telangana, India, operated as a subsidiary of Primesoft Ip Solutions Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 14 December 2009.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2009PTC066259. Its GSTIN is 36AACCI1879G2ZF (Telangana). The company held 4 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Chinnaswami Ganesan and Ramakrishnan Prabhaker.
Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 7 – 1 – 58/5/402 Flat No. 402 Block No.2A Divya Sakthi Apartments Ameerpet, Hyderabad, Telangana, India – 500016.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.46 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹1.06 Lakh (net margin 0.7%) and EBITDA of ₹2.68 Lakh (EBITDA margin 1.8%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 10% over five years.
The company had about 16 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Igenero. Court records list 3 cases involving the company, including 3 filed by the company. The company has 1 deal on record (1 acquisition); the latest was in March 2020.
The last known website on record is igenero.com.
Company details
CIN history
Igenero Web Solutions has one previous CIN (Corporate Identification Number): U72200AP2009PTC066259. The current CIN is U72200TG2009PTC066259, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2009PTC066259 | Current |
| U72200AP2009PTC066259 | Previous |
Contact details
Igenero Web Solutions Private Limited's registered office is in Hyderabad, Telangana. Its website is igenero.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address7 – 1 – 58/5/402 Flat No. 402 Block No.2A Divya Sakthi Apartments Ameerpet, Hyderabad, Telangana, India – 500016
- IndustryInformation Technology, Application Development & Software Solutions, Web Design & Maintenance Services
To see the full contact details of Igenero Web Solutions 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
Brands
Igenero Web Solutions operates one associated brand: Igenero. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Web and mobile app development services | igenero.com |
Business activity
The main business activity of Igenero Web Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Igenero Web Solutions Private Limited, buy the company report.
Financials of Igenero Web Solutions Private Limited
FY 2022 filings availableIgenero Web Solutions Private Limited reported revenue of ₹1.46 Cr (down 21% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 21% fall in the latest year. EBITDA rose 109% 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.46 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.06 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Igenero Web Solutions Private Limited, buy the company report.
Board of directors of Igenero Web Solutions Private Limited
Igenero Web Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chinnaswami Ganesan Also directs: Primesoft Ip Solutions Private Limited | Director | 02 Mar 2020 | 6 Years 8 Months | As last reported |
| Ramakrishnan Prabhaker Also directs: Primesoft Ip Solutions Private Limited | Director | 02 Mar 2020 | 6 Years 8 Months | As last reported |
Auditor
Igenero Web Solutions Private Limited is audited by Atmakuri & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Atmakuri & Co | FY 2022 | 000268S |
Shareholding
The shareholding of Igenero Web Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Igenero Web Solutions Private Limited, buy the company report.
Deals & funding
Igenero Web Solutions Private Limited has 1 deal on record (1 acquisition); the latest was in March 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Acquisition | Undisclosed | Buyer: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Igenero Web Solutions Private Limited has 3 court cases on record: 3 filed by Igenero Web Solutions. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against Ace Experiences Asia Pvt. Ltd. | Disposed |
| NCLT, Hyderabad | Court case (C.A.(CAA)) | Filed by the company against Office of the Dy. Commissioner of Income Tax and 4 others | Disposed |
| NCLT, Hyderabad | Court case (C.P.(CAA)) | Filed by the company against Registrar of Companies Telangana and 4 others | Disposed |
To see the full case history of Igenero Web Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Igenero Web Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Igenero Web Solutions Private Limited has a workforce of 16 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Igenero Web Solutions has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCI1879G2ZF | Telangana | Active | 17 Jul 2017 |
To see the full GST registrations and return filing status of Igenero Web Solutions Private Limited, buy the company report.
Recent activity
Igenero Web Solutions Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Aditya Gupta ceased to be Director on 04 Mar 2020.
Frequently asked questions
Igenero Web Solutions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Igenero Web Solutions was a private limited company based in Hyderabad, Telangana, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 14 December 2009 and is registered under CIN U72200TG2009PTC066259. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Igenero Web Solutions was incorporated on 14 December 2009. It is registered with the Registrar of Companies, Hyderabad.
Igenero Web Solutions had 2 directors:
- Chinnaswami Ganesan - Director
- Ramakrishnan Prabhaker - Director
The CIN (Corporate Identification Number) of Igenero Web Solutions is U72200TG2009PTC066259. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Igenero Web Solutions is at 7 – 1 – 585402 Flat No. 402 Block No.2A Divya Sakthi Apartments Ameerpet, Hyderabad, Telangana, India – 500016.
Igenero Web Solutions can be reached through the website igenero.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Igenero Web Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Igenero Web Solutions is 36AACCI1879G2ZF, registered in Telangana. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
Igenero Web Solutions operated in the information technology industry, in the application development and software solutions segment.
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