About Ikanos Communications (India) Private Limited
Data last updated:
Ikanos Communications (India) Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Ikanos Communications Inc, Usa. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 January 2004.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2004PTC033185. Its GSTIN is 29AABCI1928F4ZL (Karnataka). The company held 5 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was led by directors including Schwenker Philip Adam and Ravi Velidanda Rao.
Its last annual general meeting (AGM) was held on 19 August 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at III Floor Corporate Millerno. 332/1 Thimmiah Road Vasanthnagar, Bangalore, Karnataka, India – 560052.
As per the financials filed for FY 2016, the company reported a revenue of ₹46.32 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹4.16 Cr (net margin 9%) and EBITDA of ₹7.34 Cr (EBITDA margin 15.8%).
The company was associated with 1 brand: Ikanos. Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is ikanos.com.
Company details
Contact details
Ikanos Communications (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is ikanos.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressIII Floor Corporate Millerno. 332/1 Thimmiah Road Vasanthnagar, Bangalore, Karnataka, India – 560052
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Ikanos Communications (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
Ikanos Communications (India) operates one associated brand: Ikanos. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Broadband chips and software for smart homes are developed. | ikanos.com |
Business activity
The main business activity of Ikanos Communications (India) is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Ikanos Communications (India) Private Limited, buy the company report.
Financials of Ikanos Communications (India) Private Limited
FY 2016 filings availableIkanos Communications (India) Private Limited reported revenue of ₹46.32 Cr (up 18% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 18% in the latest year. EBITDA fell 5% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹46.32 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹7.34 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹4.16 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 15.8% | |
| Net Profit Margin | 9% | |
| 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 Ikanos Communications (India) Private Limited, buy the company report.
Board of directors of Ikanos Communications (India) Private Limited
Ikanos Communications (India) has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Schwenker Philip Adam | Director | 23 Mar 2016 | 10 Years 7 Months | As last reported |
| Ravi Velidanda Rao Also directs: Qualcomm Support India Private Limited, Qualcomm India Private Limited, Awave Semiconductor India Private Limited and 3 more | Director | 08 Dec 2015 | 10 Years 11 Months | As last reported |
| Jingu Saira Jacob Also directs: Qualcomm Support India Private Limited, Qualcomm India Private Limited, Awave Semiconductor India Private Limited and 2 more | Director | 11 Feb 2016 | 10 Years 9 Months | As last reported |
Auditor
Ikanos Communications (India) Private Limited is audited by Price Waterhouse & Co Bangalore LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse & Co Bangalore LLP | FY 2016 | 007567S |
Shareholding
The shareholding of Ikanos Communications (India) Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ikanos Communications (India) Private Limited, buy the company report.
Legal cases
Ikanos Communications (India) Private Limited has 1 court case on record: 1 filed by Ikanos Communications (India). All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed by the company against an individual | Disposed |
To see the full case history of Ikanos Communications (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 Ikanos Communications (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ikanos Communications (India) has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCI1928F4ZL | Karnataka | Active | 26 Jul 2017 |
To see the full GST registrations and return filing status of Ikanos Communications (India) Private Limited, buy the company report.
Recent activity
Ikanos Communications (India) Private Limited has 20 board changes on record since 2007: 3 appointments and 17 cessations. The latest: Jingu Saira Jacob ceased to be Additional Director on 19 Aug 2016.
11 earlier events are in the company report.
Frequently asked questions
Ikanos Communications (India) 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.
Ikanos Communications (India) was a private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 13 January 2004 and is registered under CIN U72200KA2004PTC033185. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ikanos Communications (India) was incorporated on 13 January 2004. It is registered with the Registrar of Companies, Bangalore.
Ikanos Communications (India) had 3 directors:
- Schwenker Philip Adam - Director
- Ravi Velidanda Rao - Director
- Jingu Saira Jacob - Director
The CIN (Corporate Identification Number) of Ikanos Communications (India) is U72200KA2004PTC033185. 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 Ikanos Communications (India) is at III Floor Corporate Millerno. 3321 Thimmiah Road Vasanthnagar, Bangalore, Karnataka, India – 560052.
Ikanos Communications (India) can be reached through the website ikanos.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Ikanos Communications (India) on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 19 August 2016. Year-wise statements from 2015 are in the company report.
The GSTIN of Ikanos Communications (India) is 29AABCI1928F4ZL, registered in Karnataka. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
Ikanos Communications (India) operated in the information technology industry, in the application development and software solutions segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
