
About Ihcs Technologies India Private Limited
Data last updated:
Ihcs Technologies India Private Limited is a private limited company based in Vadodara, Gujarat, India, a subsidiary of Qf Holdings Inc. Usa. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 17 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2012PTC085344. Its GSTIN is 24AAICM2159H1ZI (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Md On-Line Asia Technologies Private Limited. It is led by directors including Vineet Bhatnagar (Managing Director) and Subrata Choudhury (Managing Director).
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹96.79 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹9.44 Cr (net margin 9.7%) and EBITDA of ₹15.13 Cr (EBITDA margin 15.6%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 35% over five years.
The company has about 381 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Insynchcs. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website insynchcs.in.
Company details
CIN history
Ihcs Technologies India has one previous CIN (Corporate Identification Number): U72200KA2012PTC065925. The current CIN is U72200GJ2012PTC085344, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200GJ2012PTC085344 | Current |
| U72200KA2012PTC065925 | Previous |
Contact details
Ihcs Technologies India Private Limited's registered office is in Vadodara, Gujarat. Its website is insynchcs.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address9th & 10th Floor Nilamber Triumph Opposite Nilamber Circle Saiyed Vasna R, Oad, Vadodara, Gujarat, India – 391410
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Ihcs Technologies India 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
Ihcs Technologies India operates one associated brand: Insynchcs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| insynchcs.in |
Business activity
The main business activities of Ihcs Technologies India are information and communication, support service to organizations and hospital and medical care. In detail, this covers computer programming, consultancy and related activities, other support services to organizations and other hospital and medical care activities. 3 activity segments are registered with the MCA.
| 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 | |
| N | Support service to Organizations | N7 | Other support services to organizations | |
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Ihcs Technologies India Private Limited, buy the company report.
Financials of Ihcs Technologies India Private Limited
FY 2025 filings availableIhcs Technologies India Private Limited reported revenue of ₹96.79 Cr (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 30% growth in the latest year. EBITDA rose 31% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹15.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.44 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.6% | ||||
| Net Profit Margin | 9.7% | ||||
| 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 Ihcs Technologies India Private Limited, buy the company report.
Board of directors of Ihcs Technologies India Private Limited
Ihcs Technologies India has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jeremy Joseph Landa | Director | 28 Jan 2022 | 4 Years 9 Months | Current |
| Gerald Charles Kent Jr | Director | 07 Dec 2022 | 3 Years 10 Months | Current |
| Vineet Bhatnagar Also directs: Advenshure India Private Limited | Managing Director | 08 Oct 2018 | 8 Years 0 Months | Current |
| Divakar Sitaramanjaneyulu Marla Also directs: Oddiseven Marsol Private Limited | Director | 13 Aug 2025 | 1 Years 2 Months | Current |
| Subrata Choudhury | Managing Director | 18 Feb 2019 | 7 Years 8 Months | Current |
Peer comparison
Ihcs Technologies India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Infotel Services and Sales Private Limited | ₹97.1 Cr (FY 2025) | 27.0% | New Town, Kolkata, West Bengal, India | |||
| Aspiring Minds Assessment Private Limited | ₹96.99 Cr (FY 2020) | 27.0% | Mumbai, Maharashtra, India | |||
| Trenser Technology Solutions Private Limited | ₹96.99 Cr (FY 2025) | 47.0% | Thiruvananthapuram, Kerala, India | |||
| Maximusgcc Technology and Business Services (India) Private Limited | ₹96.97 Cr (FY 2025) | 15.0% | Bangalore, Karnataka, India | |||
| Applied Systems India Private Limited | ₹96.9 Cr (FY 2025) | 48.0% | Bangalore, Karnataka, India | |||
| Ihcs Technologies India Private Limitedthis company | ₹96.79 Cr (FY 2025) | ₹9.44 Cr | 9.7% | 30.0% | 381 | Vadodara, Gujarat, India |
| Egdk India Private Limited | ₹96.39 Cr (FY 2025) | 240.0% | Mangalore, Karnataka, India | |||
| Mindstix Software Labs Private Limited | ₹96.34 Cr (FY 2025) | -11.0% | Thane, Maharashtra, India | |||
| Ultragenic Research and Technologies Private Limited | ₹95.81 Cr (FY 2025) | 9.0% | Delhi, India | |||
| Octaserv Technologies Private Limited | ₹95.74 Cr (FY 2025) | 21.0% | Pune, Maharashtra, India | |||
| Congruent Info-Tech Private Limited | ₹95.69 Cr (FY 2025) | 19.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Ihcs Technologies India Private Limited, buy the company report.
Auditor
Ihcs Technologies India Private Limited is audited by K C Mehta & Co LLP (converted from Firm K C Mehta & Co) for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K C Mehta & Co LLP (converted from Firm K C Mehta & Co) | FY 2023 | 106237W/W100829 |
Shareholding
The shareholding of Ihcs Technologies India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ihcs Technologies India Private Limited, buy the company report.
Legal cases
Ihcs Technologies India Private Limited has 2 court cases on record: 2 filed by Ihcs Technologies India. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (CS CCC) | Filed by the company against Omnilsm Technologies Pvt Ltd | Disposed |
| District court, Vadodara, Gujarat | Court case (TMSUIT) | Filed by the company against Omnil SM Technologies Pvt Ltd | Disposed |
To see the full case history of Ihcs Technologies India 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 Ihcs Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ihcs Technologies India Private Limited has a workforce of 381 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Ihcs Technologies India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICM2159H1ZI | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ihcs Technologies India Private Limited, buy the company report.
Recent activity
Ihcs Technologies India Private Limited has 16 board changes on record since 2012: 5 appointments and 11 cessations. The latest: Divakar Sitaramanjaneyulu Marla ceased to be Additional Director on 18 Sep 2025.
7 earlier events are in the company report.
Frequently asked questions
Ihcs Technologies India is an active private limited company based in Vadodara, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 17 September 2012 (14+ years old) and is registered under CIN U72200GJ2012PTC085344.
Ihcs Technologies India has 5 current directors:
- Vineet Bhatnagar - Managing Director
- Subrata Choudhury - Managing Director
- Jeremy Joseph Landa - Director
- Gerald Charles Kent Jr - Director
- Divakar Sitaramanjaneyulu Marla - Director
The latest financial statements of Ihcs Technologies India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ihcs Technologies India is 24AAICM2159H1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Ihcs Technologies India is U72200GJ2012PTC085344. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ihcs Technologies India has 2 court cases on record: 2 filed by the company.
Ihcs Technologies India was incorporated on 17 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ihcs Technologies India by revenue are Infotel Services and Sales Private Limited, Aspiring Minds Assessment Private Limited, Trenser Technology Solutions Private Limited, Maximusgcc Technology and Business Services (India) Private Limited, Applied Systems India Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Divakar Sitaramanjaneyulu Marla ceased to be Additional Director on 18 Sep 2025. Divakar Sitaramanjaneyulu Marla was appointed as Director on 13 Aug 2025. Gerald Charles Kent Jr ceased to be Additional Director on 29 Sep 2023. Ihcs Technologies India has 16 board changes on record in total.
Ihcs Technologies India can be reached through the website insynchcs.in. Its registered office is in Vadodara, Gujarat, India.
The registered office of Ihcs Technologies India is at 9th & 10th Floor Nilamber Triumph Opposite Nilamber Circle Saiyed Vasna R, Oad, Vadodara, Gujarat, India – 391410.