About Igt Solutions Private Limited.
Data last updated:
Igt Solutions Private Limited. was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 March 1999.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH1999PTC298128. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹17 Cr and a paid-up capital of ₹16.62 Cr. It was led by directors including Vipul Doshi (Manager) and Rahul Bhatia.
Its last annual general meeting (AGM) was held on 27 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Ground Floor Poddar House A Road. Churchgate, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2017, the company reported a revenue of ₹173.15 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹10.92 Cr (net margin 6.3%) and EBITDA of ₹23.03 Cr (EBITDA margin 13.3%).
The company was associated with 2 brands: IGT Solutions and IGT. Court records list 15 cases involving the company, including 14 filed by the company and 1 filed against it; 2 cases are pending.
The last known website on record is igt.com.
Company details
CIN history
Igt Solutions Private Limited has one previous CIN (Corporate Identification Number): U72200DL1999PTC098629. The current CIN is U72200MH1999PTC298128, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH1999PTC298128 | Current |
| U72200DL1999PTC098629 | Previous |
Contact details
Igt Solutions Private Limited.'s registered office is in Mumbai, Maharashtra. Its website is igt.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGround Floor Poddar House A Road. Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Igt Solutions 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
Brands
Igt Solutions Private Limited operates two associated brands: IGT Solutions and IGT. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of customer experience solutions | igtsolutions.com | |
| Lottery and gaming systems, content, and services are provided. | igt.com |
Business activity
The main business activity of Igt Solutions Private Limited is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Igt Solutions Private Limited., buy the company report.
Financials of Igt Solutions Private Limited.
FY 2017 filings availableIgt Solutions Private Limited. reported revenue of ₹173.15 Cr (down 13% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year. EBITDA fell 70% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹173.15 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹23.03 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹10.92 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 13.3% | ||
| Net Profit Margin | 6.3% | ||
| 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 Igt Solutions Private Limited., buy the company report.
Board of directors of Igt Solutions Private Limited.
Igt Solutions Private Limited has 4 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipul Doshi Also directs: Itq Technologies Private Limited | Manager | 12 Sep 2013 | 13 Years 1 Months | As last reported |
| Rahul Bhatia Also directs: Interglobe Aviation Limited, Interglobe Hotels Private Limited, Interglobe Enterprises Private Limited and 4 more | Director | 03 Mar 1999 | 27 Years 7 Months | As last reported |
| Anil Parashar Also directs: Interglobe Aviation Limited, Awfis Space Solutions Limited, Itq Technologies Private Limited and 2 more | Director | 26 May 2003 | 23 Years 4 Months | As last reported |
| Neena Gupta Also directs: Interglobe Hotels Private Limited, Interglobe Enterprises Private Limited, Motherland Joint Ventures Private Limited and 5 more | Director | 15 Jun 2016 | 10 Years 4 Months | As last reported |
Auditor
Igt Solutions Private Limited. is audited by DELOITTE HASKINS & SELLS for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2017 | 015125N |
Shareholding
The shareholding of Igt Solutions 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 category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Igt Solutions Private Limited., buy the company report.
Legal cases
Igt Solutions Private Limited. has 15 court cases on record: 14 filed by Igt Solutions Private Limited, 1 filed against it. 2 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 0 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, DELHI | Writ petition | Filed against the company by an individual | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, South East, Delhi | Execution petition | Filed by the company against an individual | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against an individual | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Igt Solutions Private Limited., buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Igt Solutions Private Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Igt Solutions Private Limited has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Igt Solutions Private Limited., buy the company report.
Recent activity
Igt Solutions Private Limited. has 24 board changes on record since 1999: 4 appointments and 20 cessations. The latest: Doyle Madison Dillard Iii ceased to be Director on 19 Apr 2017.
15 earlier events are in the company report.
News
Frequently asked questions
Igt Solutions Private Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Igt Solutions Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 03 March 1999 and is registered under CIN U72200MH1999PTC298128. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Igt Solutions Private Limited was incorporated on 03 March 1999. It is registered with the Registrar of Companies, Mumbai.
Igt Solutions Private Limited had 4 directors:
- Rahul Bhatia - Director
- Anil Parashar - Director
- Neena Gupta - Director
- Vipul Doshi - Manager
The CIN (Corporate Identification Number) of Igt Solutions Private Limited is U72200MH1999PTC298128. 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 Igt Solutions Private Limited is at Ground Floor Poddar House A Road. Churchgate, Mumbai, Maharashtra, India – 400020.
Igt Solutions Private Limited can be reached through the website igt.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Igt Solutions Private Limited on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 27 September 2017. Year-wise statements from 2015 are in the company report.
No. Igt Solutions Private Limited has 2 GST registrations on record and all of them are cancelled or inactive.
Igt Solutions Private Limited operated in the information technology industry, in the IT consulting and support services segment.