Ignite Inclusive Technologies Private Limited

Ignite Inclusive Technologies Private Limited - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U72200KA2012PTC064004 Incorporated 16 May 2012 ROC Bangalore HQ Bangalore, Karnataka, India
Struck Off Private Limited Company information technology
Data last updated
Revenue · FY 2017
₹5.47 Lakh
▲ 5% YoY
Net profit · FY 2017
₹7,819
Net margin 1.4%
EBITDA · FY 2017
₹87,170
EBITDA margin 15.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Ignite Inclusive Technologies Private Limited

Data last updated:

Ignite Inclusive Technologies Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 May 2012.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2012PTC064004. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Vijaya Kumar Siddartha Deena and Aravind Babu Siddartha Deena.

Its last annual general meeting (AGM) was held on 25 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at #72 Ramaswamy Reddy Layout Horamavu Near Outer Ring Road Banaswadi, Bangalore, Karnataka, India – 560043.

As per the financials filed for FY 2017, the company reported a revenue of ₹5.47 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹7,819 (net margin 1.4%) and EBITDA of ₹87,170 (EBITDA margin 15.9%).

The last known website on record is igniteinclusives.in.

Company Details of Ignite Inclusive Technologies Private Limited
CIN U72200KA2012PTC064004
Registration Number 064004
Incorporation Date 16 May 2012
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 25 September 2017
Date of Balance Sheet 31 March 2017
Compliance Status Active Non-Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    #72 Ramaswamy Reddy Layout Horamavu Near Outer Ring Road Banaswadi, Bangalore, Karnataka, India – 560043
  • Industry
    Information Technology, Application Development & Software Solutions, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Ignite Inclusive Technologies Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Ignite Inclusive Technologies Private Limited

The main business activity of Ignite Inclusive Technologies 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 Ignite Inclusive Technologies Private Limited FY 2017 filings available

Ignite Inclusive Technologies Private Limited reported revenue of ₹5.47 Lakh (up 5% YoY) for FY 2017.

Revenue · FY 2017
₹5.47 Lakh ▲ 5%
Net profit · FY 2017
₹7,819 margin 1.4%
EBITDA · FY 2017
₹87,170 margin 15.9%

Compounded Annual Growth Rate (CAGR) of Ignite Inclusive Technologies Private Limited

Revenue CAGR growth
1 year
▲ 5%
EBITDA CAGR growth
1 year
▼ 19%

Revenue rose 5% in the latest year. EBITDA fell 19% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Ignite Inclusive Technologies Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
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₹87,170••••••••
Profit Before Tax••••••••••••
Tax Expense••••••••••••
Net Profit (PAT)₹7,819••••••••
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 Ignite Inclusive Technologies Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin15.9%••••••••
Net Profit Margin1.4%••••••••
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 Ignite Inclusive Technologies 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 Ignite Inclusive Technologies Private Limited

Ignite Inclusive Technologies 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
Digital Ecyberpoint Services (OPC) Private Limited₹5.48 Lakh (FY 2022)••••••••35.0%••••Bankura, West Bengal, India
Dimonte Software Exports Private Limited₹5.47 Lakh (FY 2020)••••••••••••Bangalore, Karnataka, India
Neucent Technologies Private Limited₹5.47 Lakh (FY 2024)••••••••-28.0%••••Noida, Uttar Pradesh, India
Ino Software Solutions Private Limited₹5.47 Lakh (FY 2016)••••••••2437.0%••••Vijayawada, Andhra Pradesh, India
Yaralava Technologies Private Limited₹5.47 Lakh (FY 2025)••••••••3962.0%••••Bangalore, Karnataka, India
Ignite Inclusive Technologies Private Limited this company₹5.47 Lakh (FY 2017)••••••••5.0%••••Bangalore, Karnataka, India
Microboat Technologies (OPC) Private Limited₹5.47 Lakh (FY 2020)••••••••-12.0%••••Kalyan West, Maharashtra, India
Orakyte Systems & Solutions Private Limited₹5.47 Lakh (FY 2018)••••••••447.0%••••Thane, Maharashtra, India
Vedshree Infotech Private Limited₹5.46 Lakh (FY 2021)••••••••-81.0%••••Latur, Maharashtra, India
Inkcadre Technosoft Private Limited₹5.46 Lakh (FY 2020)••••••••-53.0%••••Ahmedabad, Gujarat, India
Seablue Infomedia Private Limited₹5.46 Lakh (FY 2016)••••••••-71.0%••••Mangalore, Karnataka, India

Peers are the five companies nearest above and the five nearest below Ignite Inclusive Technologies 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.

Auditor Details of Ignite Inclusive Technologies Private Limited

Ignite Inclusive Technologies Private Limited is audited by AKHILANDAM & ASSOCIATES for the financial year 2016.

NameStatusAppointment DateCessation Date
AKHILANDAM & ASSOCIATESLockedLockedLocked
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Board of Directors of Ignite Inclusive Technologies Private Limited

Ignite Inclusive Technologies has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Vijaya Kumar Siddartha DeenaDirector16 May 201214 Years 4 MonthsAs last reported
Aravind Babu Siddartha DeenaDirector16 May 201214 Years 4 MonthsAs last reported

Ownership and Shareholding of Ignite Inclusive Technologies Private Limited

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Charges & Borrowings of Ignite Inclusive Technologies Private Limited

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

Employees and EPFO Compliance at Ignite Inclusive Technologies Private Limited

Employment history and EPFO contributions of people linked to Ignite Inclusive Technologies.

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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 Ignite Inclusive Technologies Private Limited

Ignite Inclusive Technologies Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Aravind Babu Siddartha Deena was appointed as Director on 16 May 2012.

AGM
Ignite Inclusive Technologies Private Limited last Annual general meeting of members was held on 25 Sep 2017 as per latest MCA records.
Filing
Ignite Inclusive Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Bangalore.
Appointed
Aravind Babu Siddartha Deena was appointed as Director.
Appointed
Vijaya Kumar Siddartha Deena was appointed as Director.
Incorporation
16 May 2012
Ignite Inclusive Technologies Private Limited was registered on 16 May 2012 with Roc Bangalore & aged 14 years 4 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Ignite Inclusive Technologies Private Limited

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MSME Payment Delays by Ignite Inclusive Technologies Private Limited

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Subsidiaries & Group Companies of Ignite Inclusive Technologies Private Limited

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GST Compliance of Ignite Inclusive Technologies Private Limited

Ignite Inclusive Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Ignite Inclusive Technologies Private Limited

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Frequently Asked Questions about Ignite Inclusive Technologies Private Limited

Ignite Inclusive Technologies has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Ignite Inclusive Technologies was a private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 16 May 2012 and is registered under CIN U72200KA2012PTC064004. The company has been struck off by the Registrar of Companies and is no longer operational.

Ignite Inclusive Technologies had 2 directors:

The CIN (Corporate Identification Number) of Ignite Inclusive Technologies is U72200KA2012PTC064004. 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 Ignite Inclusive Technologies is at #72 Ramaswamy Reddy Layout Horamavu Near Outer Ring Road Banaswadi, Bangalore, Karnataka, India – 560043.

Ignite Inclusive Technologies was incorporated on 16 May 2012. It is registered with the Registrar of Companies, Bangalore.

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

Ignite Inclusive Technologies can be reached through the website igniteinclusives.in. Its registered office is in Bangalore, Karnataka, India.

Ignite Inclusive Technologies reported revenue of ₹5.47 Lakh for FY 2017 (up 5% YoY).

Ignite Inclusive Technologies has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.

Ignite Inclusive Technologies reported a net profit of ₹7,819 (net margin 1.4%) and EBITDA of ₹87,170 (EBITDA margin 15.9%) for FY 2017, as per its filed financial statements.

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