- Category
- Micro (2022-23)
- Udyam number
- UDYAM-WB-23-0001445

Ignited Minds Advisory Private Limited
About Ignited Minds Advisory Private Limited
Data last updated:
Ignited Minds Advisory Private Limited is a private limited company based in Durgapur, West Bengal, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 08 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74999WB2016PTC216098. Its GSTIN is 19AAECI1601E1Z2 (West Bengal).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mohammad Alam and Parijat Chakraborty.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at House No. Ucp – 026 Bengal Ambuja City Centre, Durgapur, West Bengal, India – 713216.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.13 Cr, a growth of 78% compared to the previous year. For the same year it recorded a net profit of ₹18,916 (net margin 0.2%) and EBITDA of ₹6.86 Lakh (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 205% over three years.
Its group structure includes 2 subsidiaries.
Ignited Minds Advisory Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-23-0001445). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Ignited Minds Advisory
Contact details
Ignited Minds Advisory Private Limited's registered office is in Durgapur, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse No. Ucp – 026 Bengal Ambuja City Centre, Durgapur, West Bengal, India – 713216
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Ignited Minds Advisory 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
Business activity
The main business activity of Ignited Minds Advisory is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Ignited Minds Advisory Private Limited, buy the company report.
Financials of Ignited Minds Advisory Private Limited
FY 2021 filings availableIgnited Minds Advisory Private Limited reported revenue of ₹1.13 Cr (up 78% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 205% over three years, including 78% growth in the latest year. EBITDA rose 573% 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
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| EBITDA | ₹6.86 Lakh | ||||
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| Net Profit (PAT) | ₹18,916 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Ignited Minds Advisory Private Limited, buy the company report.
Board of directors and KMP of Ignited Minds Advisory Private Limited
Ignited Minds Advisory Private Limited currently reports 3 directors and 1 key managerial person. 1 former director has served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bijon Kumar Chakraborty | Ceo | 12 Feb 2018 | 8 Years 8 Months | Current |
| Mohammad Alam | Director | 10 Jun 2019 | 7 Years 4 Months | Current |
| Parijat Chakraborty | Director | 08 Jun 2016 | 10 Years 4 Months | Current |
| Kafil Ahmad | Director | 08 Jun 2016 | 10 Years 4 Months | Current |
Auditor
Ignited Minds Advisory Private Limited is audited by A V S S & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A V S S & ASSOCIATES | FY 2020 | 327456E |
Shareholding
The shareholding of Ignited Minds Advisory Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ignited Minds Advisory Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ignited Minds Advisory 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 Ignited Minds Advisory Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ignited Minds Advisory has 2 subsidiary companies. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Igmi Vigis Futech Private Limited | U72500WB2019PTC233009 | |
| Igmi Lead Consultancy Private Limited | U74999WB2019PTC230439 |
To see the full group structure of Ignited Minds Advisory Private Limited, buy the company report.
GST
Ignited Minds Advisory has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECI1601E1Z2 | West Bengal | Active | 23 Oct 2017 |
To see the full GST registrations and return filing status of Ignited Minds Advisory Private Limited, buy the company report.
Recent activity
Ignited Minds Advisory Private Limited has 5 board changes on record since 2016: 4 appointments and 1 cessation. The latest: Abdul Irfan ceased to be Director on 13 Dec 2019.
Frequently asked questions
Ignited Minds Advisory is an active private limited company based in Durgapur, West Bengal, India. The company works in software development and support services, within the information technology industry. It was incorporated on 08 June 2016 (10+ years old) and is registered under CIN U74999WB2016PTC216098.
Ignited Minds Advisory has 4 current directors and KMP:
- Mohammad Alam - Director
- Parijat Chakraborty - Director
- Kafil Ahmad - Director
- Bijon Kumar Chakraborty - Ceo
The latest financial statements of Ignited Minds Advisory on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Ignited Minds Advisory is 19AAECI1601E1Z2, registered in West Bengal.
The CIN (Corporate Identification Number) of Ignited Minds Advisory is U74999WB2016PTC216098. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ignited Minds Advisory was incorporated on 08 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Kolkata.
Abdul Irfan ceased to be Director on 13 Dec 2019. Mohammad Alam was appointed as Director on 10 Jun 2019. Bijon Kumar Chakraborty was appointed as CEO on 12 Feb 2018. Ignited Minds Advisory has 5 board changes on record in total.
Yes, Ignited Minds Advisory is registered as a micro enterprise under Udyam registration (number: UDYAM-WB-23-0001445).
The registered office of Ignited Minds Advisory is at House No. Ucp – 026 Bengal Ambuja City Centre, Durgapur, West Bengal, India – 713216.
Ignited Minds Advisory operates in the information technology industry, in the software development and support services segment.