Indiref Services Private Limited

Indiref Services Private Limited - business outsourcing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U74900GJ2016PTC086011 Incorporated 09 February 2016 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company business outsourcing
Revenue · FY 2023
₹28.08 Lakh
▼ 15% YoY
Net loss · FY 2023
₹12.61 Lakh
Net margin -44.9%
EBITDA · FY 2023
-₹11.36 Lakh
EBITDA margin -40.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Indiref Services Private Limited

Data last updated:

Indiref Services Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 09 February 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74900GJ2016PTC086011. Its GSTIN is 24AAECI0526Q1ZG (Gujarat).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Sarita Devendra Pandey and Yogita Shukla.

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 B1 – 904 Sangath Skyz Koteshwar Motera, Ahmedabad, Gujarat, India – 380005.

As per the financials filed for FY 2023, the company reported a revenue of ₹28.08 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹12.61 Lakh (net margin -44.9%) and EBITDA of -₹11.36 Lakh (EBITDA margin -40.5%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 5% over five years.

The company is associated with 1 brand: IndiRef.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indiref.com.

Company details

CIN U74900GJ2016PTC086011
Registration Number 086011
Incorporation Date 09 February 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

Contact details

Indiref Services Private Limited's registered office is in Ahmedabad, Gujarat. Its website is indiref.com. Its e-mail address is in the company report.

  • Email
  • Registered Address
    B1 – 904 Sangath Skyz Koteshwar Motera, Ahmedabad, Gujarat, India – 380005
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Indiref Services Private Limited, buy the company report.

Comprehensive company report
Indiref Services 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Indiref Services operates one associated brand: IndiRef. Each brand links to its own profile.

BrandDescriptionWebsite
Operates a job portal connecting candidates across multiple industries.indiref.com

Business activity

The main business activity of Indiref Services is support service to organizations. In detail, this covers placement agencies and hr management services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN2Placement agencies and HR management services

To see the full business activity and turnover split of Indiref Services Private Limited, buy the company report.

Financials of Indiref Services Private Limited

FY 2024 filings available

Indiref Services Private Limited reported revenue of ₹28.08 Lakh (down 15% YoY) for FY 2023.

Revenue · FY 2023
₹28.08 Lakh ▼ 15%
Net loss · FY 2023
₹12.61 Lakh margin -44.9%
EBITDA · FY 2023
-₹11.36 Lakh margin -40.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▼ 22%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 432%
3 years · compounded
▼ 69%
5 years · compounded
▲ 17%

Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 432% 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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-₹11.36 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹12.61 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-40.5%
Net Profit Margin-44.9%
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 Indiref Services Private Limited, buy the company report.

Board of directors of Indiref Services Private Limited

Indiref Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sarita Devendra PandeyDirector09 Feb 201610 Years 9 MonthsCurrent
Yogita ShuklaDirector17 Feb 20233 Years 8 MonthsCurrent
Vanrajsinh SolankiDirector17 Feb 20233 Years 8 MonthsCurrent

Auditor

Indiref Services Private Limited is audited by KANUDAWALA & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
KANUDAWALA & ASSOCIATESFY 2021135176W

Shareholding

The shareholding of Indiref Services Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2019FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Indiref Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Indiref Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Indiref Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAECI0526Q1ZGGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Indiref Services Private Limited, buy the company report.

Recent activity

Indiref Services Private Limited has 6 board changes on record since 2016: 3 appointments and 3 cessations. The latest: Devesh Kumar Shukla ceased to be Director on 30 Apr 2024.

AGM
Indiref Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Devesh Kumar Shukla ceased to be Director.
Filing
Indiref Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Vanrajsinh Solanki was appointed as Director.
Appointed
Yogita Shukla was appointed as Director.
Ceased
Devendra Rishiprasad Pandey ceased to be Director.
Ceased
Yogita Shukla ceased to be Director.
Appointed
Sarita Devendra Pandey was appointed as Director.
Incorporation
09 Feb 2016
Indiref Services Private Limited was registered on 09 Feb 2016 with Roc Ahmedabad & aged 10 years 9 months as per MCA records.

Frequently asked questions

Indiref Services is an active private limited company based in Ahmedabad, Gujarat, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 09 February 2016 (10+ years old) and is registered under CIN U74900GJ2016PTC086011.

Indiref Services has 3 current directors:

The latest financial statements of Indiref Services 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 2016 are in the company report.

The GSTIN of Indiref Services is 24AAECI0526Q1ZG, registered in Gujarat.

The CIN (Corporate Identification Number) of Indiref Services is U74900GJ2016PTC086011. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Indiref Services was incorporated on 09 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Devesh Kumar Shukla ceased to be Director on 30 Apr 2024. Vanrajsinh Solanki was appointed as Director on 17 Feb 2023. Yogita Shukla was appointed as Director on 17 Feb 2023. Indiref Services has 6 board changes on record in total.

Indiref Services can be reached through the website indiref.com. Its registered office is in Ahmedabad, Gujarat, India.

The registered office of Indiref Services is at B1 – 904 Sangath Skyz Koteshwar Motera, Ahmedabad, Gujarat, India – 380005.

Indiref Services operates in the business outsourcing industry, in the business and IT consulting segment.