IIT Ropar - Technology and Innovation Foundation
About IIT Ropar - Technology and Innovation Foundation
Data last updated:
IIT Ropar - Technology and Innovation Foundation is a private not for profit company based in Ropar, Punjab, India. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 12 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U80100PB2020NPL051623. Its GSTIN is 03AAFCI7442G1ZR (Punjab).
It is led by directors including Pushpendra Pal Singh (Managing Director) and Rajeev Ahuja.
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 Ropar, Punjab.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.2 Cr, reflecting significant growth compared to the previous year. For the same year it recorded EBITDA of ₹1.86 Cr (EBITDA margin 20.2%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
Company details
Contact details
IIT Ropar - Technology and Innovation Foundation's registered office is in Ropar, Punjab.
- Registered AddressRoom No. 316/317 3 Floor M.Visvesvaraya Indian Institute Of Techn, Ology, Ropar, Punjab, India – 140001
- IndustryInformation Technology, IT Infrastructure Management & Services
- 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 IIT Ropar - Technology and Innovation Foundation is professional, scientific and technical. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
To see the full business activity and turnover split of IIT Ropar - Technology and Innovation Foundation, buy the company report.
Financials of IIT Ropar - Technology and Innovation Foundation
FY 2024 filings availableIIT Ropar - Technology and Innovation Foundation reported revenue of ₹9.2 Cr (up 1814% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over three years. EBITDA rose 164% 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 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 | ₹1.86 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 20.2% | |||
| Net Profit Margin | ||||
| 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 IIT Ropar - Technology and Innovation Foundation, buy the company report.
Board of directors of IIT Ropar - Technology and Innovation Foundation
IIT Ropar - Technology and Innovation Foundation has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Ahuja | Director | 04 Apr 2024 | 2 Years 6 Months | Current |
| Harpreet Singh | Director | 12 Aug 2020 | 6 Years 2 Months | Current |
| Pushpendra Pal Singh | Managing Director | 12 Aug 2020 | 6 Years 2 Months | Current |
Peer comparison
IIT Ropar - Technology and Innovation Foundation is compared with the 10 companies closest to it by revenue in the same principal business activity (scientific research and development), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SNRG Pharma Consulting (India) Private Limited | ₹9.47 Cr (FY 2024) | 31.0% | Bangalore, Karnataka, India | |||
| RPS Research India Private Limited | ₹9.39 Cr (FY 2018) | -40.0% | Mumbai, Maharashtra, India | |||
| Zasya Life Sciences Private Limited | ₹9.37 Cr (FY 2025) | 3.0% | Amipura, Gujarat, India | |||
| Technoventor Innovations Private Limited | ₹9.33 Cr (FY 2024) | 12.0% | Nagpur, Maharashtra, India | |||
| Receps Limited | ₹9.2 Cr (FY 2025) | 65.0% | Hyderabad, Telangana, India | |||
| IIT Ropar - Technology and Innovation Foundationthis company | ₹9.2 Cr (FY 2024) | 1814.0% | Ropar, Punjab, India | |||
| Taraasian Drugs Private Limited | ₹9.17 Cr (FY 2025) | 21.0% | Aurangabad, Maharashtra, India | |||
| Airis Pharma Private Limited | ₹9.06 Cr (FY 2024) | 29.0% | Telangana, India | |||
| Bhisaj Pharmaceuticals Private Limited | ₹9 Cr (FY 2025) | 167.0% | Pune, Maharashtra, India | |||
| N A Exotic Resource Private Limited | ₹8.99 Cr (FY 2024) | 8.0% | Chennai, Tamil Nadu, India | |||
| Vyuhgenics India Private Limited | ₹8.97 Cr (FY 2025) | 9.0% | Bangalore, Karnataka, India |
To see the full peer comparison of IIT Ropar - Technology and Innovation Foundation, buy the company report.
Legal cases
No court or tribunal cases involving IIT Ropar - Technology and Innovation Foundation 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 IIT Ropar - Technology and Innovation Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
IIT Ropar - Technology and Innovation Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAFCI7442G1ZR | Punjab | Active | 20 Nov 2020 |
To see the full GST registrations and return filing status of IIT Ropar - Technology and Innovation Foundation, buy the company report.
Recent activity
IIT Ropar - Technology and Innovation Foundation has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Rajeev Ahuja was appointed as Director on 04 Apr 2024.
Frequently asked questions
IIT Ropar - Technology and Innovation Foundation is an active private not for profit company based in Ropar, Punjab, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 12 August 2020 (6+ years old) and is registered under CIN U80100PB2020NPL051623.
IIT Ropar - Technology and Innovation Foundation has 3 current directors:
- Pushpendra Pal Singh - Managing Director
- Rajeev Ahuja - Director
- Harpreet Singh - Director
The latest financial statements of IIT Ropar - Technology and Innovation Foundation 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 FY 2021 are in the company report.
The GSTIN of IIT Ropar - Technology and Innovation Foundation is 03AAFCI7442G1ZR, registered in Punjab.
The CIN (Corporate Identification Number) of IIT Ropar - Technology and Innovation Foundation is U80100PB2020NPL051623. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
IIT Ropar - Technology and Innovation Foundation was incorporated on 12 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of IIT Ropar - Technology and Innovation Foundation by revenue are SNRG Pharma Consulting (India) Private Limited, RPS Research India Private Limited, Zasya Life Sciences Private Limited, Technoventor Innovations Private Limited, Receps Limited and 5 more, all in the same principal business activity (scientific research and development).
Rajeev Ahuja was appointed as Director on 04 Apr 2024. Sarit Kumar Das ceased to be Director on 07 Apr 2021. Harpreet Singh was appointed as Director on 12 Aug 2020. IIT Ropar - Technology and Innovation Foundation has 4 board changes on record in total.
The registered office of IIT Ropar - Technology and Innovation Foundation is at Room No. 316317 3 Floor M.Visvesvaraya Indian Institute Of Techn, Ology, Ropar, Punjab, India – 140001.
IIT Ropar - Technology and Innovation Foundation operates in the information technology industry, in the IT infrastructure management and services segment.
IIT Ropar - Technology and Innovation Foundation can be reached at its registered office: Room No. 316317 3 Floor M.Visvesvaraya Indian Institute Of Techn, Ology, Ropar, Punjab, India – 140001.