Ignition Life Solutions (India) Private Limited

Ignition Life Solutions (India) Private Limited - trading in Palakkad, Kerala, India. FY 2026 financials & compliance.
CIN U74900KL2015PTC039621 Incorporated 02 December 2015 ROC Ernakulam HQ Palakkad, Kerala, India
Active Private Limited Company trading
Data last updated
Revenue · FY 2021
₹6.06 Lakh
▼ 76% YoY
Net loss · FY 2021
₹15.18 Lakh
Net margin -250.4%
EBITDA · FY 2021
-₹14.86 Lakh
EBITDA margin -245.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Ignition Life Solutions (India) Private Limited

Data last updated:

Ignition Life Solutions (India) Private Limited is a private limited company based in Palakkad, Kerala, India. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 02 December 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74900KL2015PTC039621. Its GSTIN is 32AAECI0229C1ZC (Kerala).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ananthakrishnan Lavanya (Managing Director) and Vilayanoor Subramanian Sriram.

Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Kanniyode Vilayannur Thenkurussi 2, Palakkad, Kerala, India – 678671.

As per the financials filed for FY 2021, the company reported a revenue of ₹6.06 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹15.18 Lakh (net margin -250.4%) and EBITDA of -₹14.86 Lakh (EBITDA margin -245.2%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74900KL2015PTC039621
Registration Number 039621
Incorporation Date 02 December 2015
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant

Contact details

Ignition Life Solutions (India) Private Limited's registered office is in Palakkad, Kerala. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Kanniyode Vilayannur Thenkurussi 2, Palakkad, Kerala, India – 678671
  • Industry
    Trading, Retailers, Retail Trading

To see the full contact details of Ignition Life Solutions (India) Private Limited, buy the company report.

Comprehensive company report
Ignition Life Solutions (India) 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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Business activity

The main business activity of Ignition Life Solutions (India) is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Ignition Life Solutions (India) Private Limited, buy the company report.

Financials of Ignition Life Solutions (India) Private Limited

FY 2021 filings available

Ignition Life Solutions (India) Private Limited reported revenue of ₹6.06 Lakh (down 76% YoY) for FY 2021.

Revenue · FY 2021
₹6.06 Lakh ▼ 76%
Net loss · FY 2021
₹15.18 Lakh margin -250.4%
EBITDA · FY 2021
-₹14.86 Lakh margin -245.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 76%
3 years · compounded
▼ 48%
EBITDA CAGR growth
1 year
▼ 45%
3 years · compounded
▼ 39%
5 years · compounded
▼ 111%

Revenue has declined at a compounded annual rate (CAGR) of 48% over three years, including a 76% fall in the latest year. EBITDA fell 45% 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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
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-₹14.86 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹15.18 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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin-245.2%
Net Profit Margin-250.4%
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

To see the full financial statements and ratios of Ignition Life Solutions (India) Private Limited, buy the company report.

Board of directors of Ignition Life Solutions (India) Private Limited

Ignition Life Solutions (India) has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Vilayanoor Subramanian SriramDirector02 Dec 201510 Years 10 MonthsCurrent
Koduvayur Narayanaswamy Iyyer RajalakshmiDirector02 Dec 201510 Years 10 MonthsCurrent
Ananthakrishnan LavanyaManaging Director02 Dec 201510 Years 10 MonthsCurrent

Peer comparison

Ignition Life Solutions (India) Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Kbgtrips India Private Limited₹6.07 Lakh (FY 2024)Hosur, Tamil Nadu, India
Ageis Motorworks Private Limited₹6.07 Lakh (FY 2024)Hyderabad, Telangana, India
Goodone Technology India Private Limited₹6.07 Lakh (FY 2025)New Delhi, Delhi, India
JMR Transnational Lifestyle Private Limited₹6.06 Lakh (FY 2024)Bangalore, Karnataka, India
Tres Care Private Limited₹6.06 Lakh (FY 2025)-75.0%Gurgaon, Haryana, India
Ignition Life Solutions (India) Private Limitedthis company₹6.06 Lakh (FY 2021)-₹15.18 Lakh-250.4%-76.0%Palakkad, Kerala, India
India Tax Info Private Limited₹6.06 Lakh (FY 2024)New Delhi, Delhi, India
Naturespring Trading Private Limited₹6.06 Lakh (FY 2025)45.0%Bangalore, Karnataka, India
Ckim Technologies (OPC) Private Limited₹6.06 Lakh (FY 2023)291.0%Pune, Maharashtra, India
Sunworld Systems Private Limited₹6.06 Lakh (FY 2016)Delhi, India
Zen People Management Private Limited₹6.06 Lakh (FY 2022)825.0%Lucknow, Uttar Pradesh, India

To see the full peer comparison of Ignition Life Solutions (India) Private Limited, buy the company report.

Auditor

Ignition Life Solutions (India) Private Limited is audited by PAUL AND JOSEPH for the financial year 2017.

Auditor firmFinancial yearFirm registration number
PAUL AND JOSEPHFY 2017014763S

Shareholding

The shareholding of Ignition Life Solutions (India) Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ignition Life Solutions (India) Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ignition Life Solutions (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Ignition Life Solutions (India) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
32AAECI0229C1ZCKeralaActive01 Jul 2017

To see the full GST registrations and return filing status of Ignition Life Solutions (India) Private Limited, buy the company report.

Recent activity

Ignition Life Solutions (India) Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Ananthakrishnan Lavanya was appointed as Managing Director on 02 Dec 2015.

AGM
Ignition Life Solutions (India) Private Limited last Annual general meeting of members was held on 30 Sep 2021 as per latest MCA records.
Filing
Ignition Life Solutions (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ernakulam.
Appointed
Ananthakrishnan Lavanya was appointed as Managing Director.
Appointed
Appointed
Vilayanoor Subramanian Sriram was appointed as Director.
Incorporation
02 Dec 2015
Ignition Life Solutions (India) Private Limited was registered on 02 Dec 2015 with Roc Ernakulam & aged 10 years 11 months as per MCA records.

Frequently asked questions

Ignition Life Solutions (India) is an active private limited company based in Palakkad, Kerala, India. The company works in retailers, within the trading industry. It was incorporated on 02 December 2015 (11+ years old) and is registered under CIN U74900KL2015PTC039621.

Ignition Life Solutions (India) has 3 current directors:

The latest financial statements of Ignition Life Solutions (India) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Ignition Life Solutions (India) is 32AAECI0229C1ZC, registered in Kerala.

The CIN (Corporate Identification Number) of Ignition Life Solutions (India) is U74900KL2015PTC039621. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ignition Life Solutions (India) was incorporated on 02 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ernakulam.

The peers of Ignition Life Solutions (India) by revenue are Kbgtrips India Private Limited, Ageis Motorworks Private Limited, Goodone Technology India Private Limited, JMR Transnational Lifestyle Private Limited, Tres Care Private Limited and 5 more, all in the same principal business activity (retail trading).

Ananthakrishnan Lavanya was appointed as Managing Director on 02 Dec 2015. Koduvayur Narayanaswamy Iyyer Rajalakshmi was appointed as Director on 02 Dec 2015. Vilayanoor Subramanian Sriram was appointed as Director on 02 Dec 2015.

The registered office of Ignition Life Solutions (India) is at Kanniyode Vilayannur Thenkurussi 2, Palakkad, Kerala, India – 678671.

Ignition Life Solutions (India) operates in the trading industry, in the retailers segment.

The compliance status of Ignition Life Solutions (India) is compliant as of 27 September 2026. The company is actively filing with the Registrar of Companies.