Ignite Projects Private Limited

Ignite Projects Private Limited - telecom in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U74200TN2014PTC095273 Incorporated 04 March 2014 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company telecom MSME · Small
Data last updated
Revenue · FY 2024
₹1.2 Cr
▼ 87% YoY
Net loss · FY 2024
₹4.67 Lakh
Net margin -3.9%
EBITDA · FY 2024
₹32.55 Lakh
EBITDA margin 27.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹6 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings

About Ignite Projects Private Limited

Data last updated:

Ignite Projects Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the telecom infrastructure segment of the telecommunications sector. It was incorporated on 04 March 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74200TN2014PTC095273. Its GSTIN is 33AADCI5076L2ZC (Tamil Nadu). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Narayanasamy Gomathi and Duraiswamy Anandhan.

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 Old No.48 New No. 64/1 G.K.M. Colony 37th Street, Chennai, Tamil Nadu, India – 600082.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.2 Cr, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹4.67 Lakh (net margin -3.9%) and EBITDA of ₹32.55 Lakh (EBITDA margin 27.2%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 31% over five years.

The company is associated with 1 brand: Ignite Projects. As per MCA filings, the company has open charges of ₹6 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.

Ignite Projects Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0044748). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website igniteprojects.co.in.

Company details

CIN U74200TN2014PTC095273
Registration Number 095273
Incorporation Date 04 March 2014
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0044748
Key People
Narayanasamy Gomathi Director Duraiswamy Anandhan Director

Recognitions & Rankings of Ignite Projects

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-02-0044748

Contact details

Ignite Projects Private Limited's registered office is in Chennai, Tamil Nadu. Its website is igniteprojects.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    igniteprojects.co.in
  • Registered Address
    Old No.48 New No. 64/1 G.K.M. Colony 37th Street, Chennai, Tamil Nadu, India – 600082
  • Industry
    Telecom, Telecom Infrastructure

To see the full contact details of Ignite Projects Private Limited, buy the company report.

Comprehensive company report
Ignite Projects 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

Ignite Projects operates one associated brand: Ignite Projects. Each brand links to its own profile.

BrandDescriptionWebsite
Ignite Projects
Gas distribution and fiber optic services in India.igniteprojects.co.in

Business activity

The main business activity of Ignite Projects is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ5Wired, wireless or satellite Telecommunication activities

To see the full business activity and turnover split of Ignite Projects Private Limited, buy the company report.

Financials of Ignite Projects Private Limited

FY 2024 filings available

Ignite Projects Private Limited reported revenue of ₹1.2 Cr (down 87% YoY) for FY 2024.

Revenue · FY 2024
₹1.2 Cr ▼ 87%
Net loss · FY 2024
₹4.67 Lakh margin -3.9%
EBITDA · FY 2024
₹32.55 Lakh margin 27.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 87%
3 years · compounded
▼ 49%
5 years · compounded
▼ 31%
EBITDA CAGR growth
1 year
▼ 60%
3 years · compounded
▼ 25%
5 years · compounded
▼ 18%

Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 87% fall in the latest year. EBITDA fell 60% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹32.55 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.67 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin27.2%
Net Profit Margin-3.9%
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

To see the full financial statements and ratios of Ignite Projects Private Limited, buy the company report.

Board of directors of Ignite Projects Private Limited

Ignite Projects has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Narayanasamy GomathiDirector04 Mar 201412 Years 8 MonthsCurrent
Duraiswamy AnandhanDirector04 Mar 201412 Years 8 MonthsCurrent
View all directors

Auditor

Ignite Projects Private Limited is audited by R SRIDEVI & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
R SRIDEVI & ASSOCIATESFY 2021019219S

Shareholding

The shareholding of Ignite Projects Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ignite Projects Private Limited, buy the company report.

Charges & borrowings

Open charges
₹6 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹6.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 May 2022100592760Others₹3 CrOpen
22 May 2019100286004Others₹3 CrOpen

To see the full charge records of Ignite Projects Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ignite Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Ignite Projects Private Limited has 1 active EPFO establishment as of Apr 04, 2024.

Active EPFO establishments
1

GST

Ignite Projects has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
33AADCI5076L2ZCTamil NaduActive01 Jul 2017
32AADCI5076L1ZFKeralaActive30 Aug 2017

To see the full GST registrations and return filing status of Ignite Projects Private Limited, buy the company report.

Recent activity

Ignite Projects Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Duraiswamy Anandhan was appointed as Director on 04 Mar 2014.

AGM
Ignite Projects Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ignite Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 100592760 was registered on 26 May 2022.
Charges
A charge with Others of Rs. 300.00 Lakh registered on 22 May 2019 with Charge ID 100286004 was modified on 24 Mar 2021.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 100286004 was registered on 22 May 2019.
Appointed
Duraiswamy Anandhan was appointed as Director.
Appointed
Narayanasamy Gomathi was appointed as Director.
Incorporation
04 Mar 2014
Ignite Projects Private Limited was registered on 04 Mar 2014 with Roc Chennai & aged 12 years 8 months as per MCA records.

Frequently asked questions

Ignite Projects is an active private limited company based in Chennai, Tamil Nadu, India. The company works in telecom infrastructure, within the telecom industry. It was incorporated on 04 March 2014 (12+ years old) and is registered under CIN U74200TN2014PTC095273.

Ignite Projects has 2 current directors:

The latest financial statements of Ignite Projects on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Ignite Projects is 33AADCI5076L2ZC, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 32AADCI5076L1ZF (Kerala).

The CIN (Corporate Identification Number) of Ignite Projects is U74200TN2014PTC095273. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ignite Projects has 2 court cases on record: 2 filed against it. 2 are pending.

Ignite Projects was incorporated on 04 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.

Duraiswamy Anandhan was appointed as Director on 04 Mar 2014. Narayanasamy Gomathi was appointed as Director on 04 Mar 2014.

Yes, Ignite Projects is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0044748).

Ignite Projects can be reached through the website igniteprojects.co.in. Its registered office is in Chennai, Tamil Nadu, India.