MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0060052
Ignitarium Technology Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹97.43 Cr
▲ 32% YoY
Net profit · FY 2024
₹10.38 Cr
Net margin 10.7%
EBITDA · FY 2024
₹13.9 Cr
EBITDA margin 14.3%
Authorised capital
₹85 Lakh
Registered with MCA
Paid-up capital
₹77.76 Lakh
Issued & subscribed
Open charges
₹1 Cr
Satisfied ₹1.2 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
540
Provident fund records
About Ignitarium Technology Solutions Private Limited
Data last updated:
Ignitarium Technology Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2012PTC067293. Its GSTIN is 29AADCI1254Q1Z4 (Karnataka). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹85 Lakh and a paid-up capital of ₹77.76 Lakh. It is led by directors including Sanjay Jayakumar (Managing Director) and Nitin Naveen.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #2615 3rd Floor 27th Main Road Hsr Layout Sector 1, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2024, the company reported a revenue of ₹97.43 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹10.38 Cr (net margin 10.7%) and EBITDA of ₹13.9 Cr (EBITDA margin 14.3%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 40% over five years.
The company has about 540 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ignitarium. As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹1.2 Cr on record. The company has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹19 Lakh; the latest was in May 2015. Its 9 peer companies in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 4 larger and 5 smaller; the largest is Sumologic Technologies Private Limited with revenue of ₹121.92 Cr.
Ignitarium Technology Solutions Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0060052). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ignitarium.com.
Company details
CIN U72200KA2012PTC067293
Registration Number 067293
Incorporation Date 17 December 2012
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0060052
Key People
Sanjay Jayakumar Managing Director Nitin Naveen Director Rajaneesh Kini Ramananda Director Recognitions & Rankings of Ignitarium Technology Solutions
Contact details
Ignitarium Technology Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is ignitarium.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#2615 3rd Floor 27th Main Road Hsr Layout Sector 1, Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Ignitarium Technology Solutions Private Limited, buy the company report.
Comprehensive company report
Ignitarium Technology Solutions Private Limited - one report that includes everything
- 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
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Brands
Ignitarium Technology Solutions operates one associated brand: Ignitarium. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-powered platforms for semiconductor and embedded system design are provided. | ignitarium.com |
Business activity
The main business activity of Ignitarium Technology 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 Ignitarium Technology Solutions Private Limited, buy the company report.
Financials of Ignitarium Technology Solutions Private Limited
FY 2025 filings availableIgnitarium Technology Solutions Private Limited reported revenue of ₹97.43 Cr (up 32% YoY) for FY 2024.
Revenue · FY 2024
₹97.43 Cr ▲ 32%
Net profit · FY 2024
₹10.38 Cr margin 10.7%
EBITDA · FY 2024
₹13.9 Cr margin 14.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 36%
5 years · compounded
▲ 40%
EBITDA CAGR growth
1 year
▲ 59%
3 years · compounded
▲ 38%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 32% growth in the latest year. EBITDA rose 59% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹97.43 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹13.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.38 Cr | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.3% | ||||
| Net Profit Margin | 10.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Ignitarium Technology Solutions Private Limited, buy the company report.
Board of directors of Ignitarium Technology Solutions Private Limited
Ignitarium Technology Solutions has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Jayakumar | Managing Director | 17 Dec 2012 | 13 Years 10 Months | Current |
| Nitin Naveen | Director | 28 Nov 2025 | 0 Years 11 Months | Current |
| Rajaneesh Kini Ramananda Also directs: Neurealm Private Limited | Director | 28 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Ignitarium Technology Solutions Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sumologic Technologies Private Limited | ₹121.92 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Virtual Galaxy Infotech Limited | ₹120.43 Cr (FY 2025) | 89.0% | Nagpur, Maharashtra, India | |||
| Vmukti Solutions Private Limited | ₹120.04 Cr (FY 2025) | 125.0% | Ahmedabad, Gujarat, India | |||
| Outworks Solutions Private Limited | ₹117.99 Cr (FY 2025) | 17.0% | Noida, Uttar Pradesh, India | |||
| Aarvex Infotech Private Limited | ₹117.56 Cr (FY 2025) | -5.0% | Secunderabad, Telangana, India | |||
| Nomura Research Institute Financial Technologies India Private Limited | ₹116.81 Cr (FY 2025) | 19.0% | Kolkata, West Bengal, India | |||
| Cyberica Net Technologies Private Limited | ₹116.65 Cr (FY 2025) | 269.0% | New Delhi, Delhi, India | |||
| Odoo in Private Limited | ₹116.16 Cr (FY 2025) | 120.0% | Gandhinagar, Gujarat, India | |||
| Mimecast India Private Limited | ₹116.07 Cr (FY 2025) | 113.0% | Bangalore, Karnataka, India | |||
| Ignitarium Technology Solutions Private Limitedthis company | ₹97.43 Cr (FY 2024) | ₹10.38 Cr | 10.7% | 32.0% | 540 | Bangalore, Karnataka, India |
To see the full peer comparison of Ignitarium Technology Solutions Private Limited, buy the company report.
Auditor
Ignitarium Technology Solutions Private Limited is audited by A P PRADEEP & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A P PRADEEP & CO | FY 2024 | 217663 |
Shareholding
The shareholding of Ignitarium Technology Solutions Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ignitarium Technology Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
₹1.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Aug 2017 | 100139711 | Hdfc Bank Limited | ₹1 Cr | Satisfied | |
| 29 Sep 2014 | 10569370 | Federal Bank | ₹19.92 Lakh | Satisfied |
To see the full charge records of Ignitarium Technology Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Ignitarium Technology Solutions Private Limited has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹19 Lakh; the latest was in May 2015.
Total deals
5
Secondary share transfers
3
Funding round
1
Rights issue
1
Disclosed funding
₹19 Lakh
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2015 | Rights issue | ₹3 Lakh | Investors: 4 individuals |
| Aug 2014 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| Mar 2014 | Funding round | ₹19 Lakh | Investors: 4 individuals |
| Jun 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Apr 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Ignitarium Technology Solutions 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 Ignitarium Technology Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ignitarium Technology Solutions Private Limited has a workforce of 540 employees on its EPFO records as of Sep 08, 2025, across 1 active EPFO establishment.
Employee count
540
Active EPFO establishments
1
Employee growth
12.27%
GST
Ignitarium Technology Solutions has 5 GST registrations: 4 active and 1 cancelled or inactive.
Total GSTINs
5
Active
4
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI1254Q1Z4 | Karnataka | Active | 01 Jul 2017 |
| 29AADCI1254Q2Z3 | Karnataka | Active | 11 Aug 2025 |
| 32AADCI1254Q2ZG | Kerala | Active | 10 Jun 2019 |
| 33AADCI1254Q1ZF | Tamil Nadu | Active | 22 Apr 2025 |
To see the full GST registrations and return filing status of Ignitarium Technology Solutions Private Limited, buy the company report.
Recent activity
Ignitarium Technology Solutions Private Limited has 16 board changes on record since 2012: 8 appointments and 8 cessations. The latest: Nitin Naveen was appointed as Director on 28 Nov 2025.
Appointed
Nitin Naveen was appointed as Director.
Appointed
Rajaneesh Kini Ramananda was appointed as Director.
AGM
Ignitarium Technology Solutions Private Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Filing
Ignitarium Technology Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 10 Aug 2017 via Charge ID 100139711 with Hdfc Bank Limited was fully satisfied on 25 Mar 2025.
Appointed
Sudip Nandy was appointed as Additional Director.
Ceased
Joseph Sujeeth Jacob ceased to be Additional Director.
Ceased
Ramesh Narayan Emani ceased to be Additional Director.
Appointed
Ramesh Narayan Emani was appointed as Director.
Appointed
Joseph Sujeeth Jacob was appointed as Director.
Charges
A charge registered on 29 Sep 2014 via Charge ID 10569370 with Federal Bank was fully satisfied on 27 Oct 2017.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100139711 was registered on 10 Aug 2017.
12 earlier events are in the company report.
Frequently asked questions
Ignitarium Technology Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 December 2012 (14+ years old) and is registered under CIN U72200KA2012PTC067293.
Ignitarium Technology Solutions has 3 current directors:
- Sanjay Jayakumar - Managing Director
- Nitin Naveen - Director
- Rajaneesh Kini Ramananda - Director
The latest financial statements of Ignitarium Technology Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ignitarium Technology Solutions is 29AADCI1254Q1Z4, registered in Karnataka. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 29AADCI1254Q2Z3 (Karnataka), 32AADCI1254Q2ZG (Kerala), 33AADCI1254Q1ZF (Tamil Nadu).
The CIN (Corporate Identification Number) of Ignitarium Technology Solutions is U72200KA2012PTC067293. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ignitarium Technology Solutions was incorporated on 17 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Ignitarium Technology Solutions has 5 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹19 Lakh; the latest was in May 2015.
The peers of Ignitarium Technology Solutions by revenue are Sumologic Technologies Private Limited, Virtual Galaxy Infotech Limited, Vmukti Solutions Private Limited, Outworks Solutions Private Limited, Aarvex Infotech Private Limited and 4 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Nitin Naveen was appointed as Director on 28 Nov 2025. Rajaneesh Kini Ramananda was appointed as Director on 28 Nov 2025. Sudip Nandy was appointed as Additional Director on 16 Oct 2024. Ignitarium Technology Solutions has 16 board changes on record in total.
Yes, Ignitarium Technology Solutions is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0060052).
Ignitarium Technology Solutions can be reached through the website ignitarium.com. Its registered office is in Bangalore, Karnataka, India.
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