MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-PB-20-0007153
Indivar Software Solutions Private Limited - information technology in Mohali, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.76 Cr
▼ 41% YoY
Net profit · FY 2024
₹1.09 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹11.08 Lakh
EBITDA margin 6.3%
Authorised capital
₹1.66 Cr
Registered with MCA
Paid-up capital
₹1.66 Cr
Issued & subscribed
Open charges
₹35 Lakh
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
24
Provident fund records
About Indivar Software Solutions Private Limited
Data last updated:
Indivar Software Solutions Private Limited is a private limited company based in Mohali, Punjab, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2009PTC032584. Its GSTIN is 03AACCI0254K1ZX (Punjab).
The company has an authorised share capital of ₹1.66 Cr and a paid-up capital of ₹1.66 Cr. It is led by directors including Inderjeet Singh (Managing Director) and Jagdeep Rani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 15 Phase – 1 Industrial Area, Mohali, Punjab, India – 160059.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.76 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹1.09 Lakh (net margin 0.6%) and EBITDA of ₹11.08 Lakh (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 3% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹35 Lakh on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 2 cases are pending.
Indivar Software Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0007153). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indivar.com.
Company details
CIN U72900PB2009PTC032584
Registration Number 032584
Incorporation Date 05 February 2009
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-PB-20-0007153
Recognitions & Rankings of Indivar Software Solutions
Contact details
Indivar Software Solutions Private Limited's registered office is in Mohali, Punjab. Its website is indivar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 15 Phase – 1 Industrial Area, Mohali, Punjab, India – 160059
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Indivar Software Solutions Private Limited, buy the company report.
Comprehensive company report
Indivar Software Solutions 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
Business activity
The main business activity of Indivar Software Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| 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 |
To see the full business activity and turnover split of Indivar Software Solutions Private Limited, buy the company report.
Financials of Indivar Software Solutions Private Limited
FY 2025 filings availableIndivar Software Solutions Private Limited reported revenue of ₹1.76 Cr (down 41% YoY) for FY 2024.
Revenue · FY 2024
₹1.76 Cr ▼ 41%
Net profit · FY 2024
₹1.09 Lakh margin 0.6%
EBITDA · FY 2024
₹11.08 Lakh margin 6.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 41%
3 years · compounded
▼ 9%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 5%
5 years · compounded
▲ 10%
Revenue fell 41% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 12% 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 | FY 2019-20 |
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| EBITDA | ₹11.08 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹1.09 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Indivar Software Solutions Private Limited, buy the company report.
Board of directors of Indivar Software Solutions Private Limited
Indivar Software Solutions has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagdeep Rani | Director | 20 Aug 2019 | 7 Years 2 Months | Current |
| Varinder Singh Also directs: Moi Engineering Private Limited | Director | 05 Feb 2009 | 17 Years 8 Months | Current |
| Inderjeet Singh Also directs: Moi Engineering Private Limited, Firstlight Realty LLP, Firstlight Builders LLP and 1 more | Managing Director | 05 Feb 2009 | 17 Years 8 Months | Current |
Peer comparison
Indivar Software Solutions Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Application Development), with 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 |
|---|---|---|---|---|---|---|
| Brainpower Technologies Private Limited | ₹1.77 Cr (FY 2025) | -18.0% | Mumbai, Maharashtra, India | |||
| Sophos Bi Corporate Solutions Private Limited | ₹1.76 Cr (FY 2024) | 67.0% | Pune, Maharashtra, India | |||
| Indivar Software Solutions Private Limitedthis company | ₹1.76 Cr (FY 2024) | ₹1.09 Lakh | 0.6% | -41.0% | 24 | Mohali, Punjab, India |
| Aiishwaa Information Services Private Limited | ₹1.76 Cr (FY 2024) | 92.0% | Pune, Maharashtra, India | |||
| Bizople Solutions Private Limited | ₹1.75 Cr (FY 2025) | 71.0% | Ahmedabad, Gujarat, India | |||
| Csoft Technologies Private Limited | ₹1.75 Cr (FY 2025) | -47.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Indivar Software Solutions Private Limited, buy the company report.
Auditor
Indivar Software Solutions Private Limited is audited by ANIL K VERMA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL K VERMA & ASSOCIATES | FY 2020 | 019748N |
Shareholding
The shareholding of Indivar Software Solutions Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Indivar Software Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹35 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2022 | 100675911 | Hdfc Bank Limited | ₹35 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Indivar Software Solutions Private Limited has 4 court cases on record: 1 filed by Indivar Software Solutions, 3 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 2 | 2 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Criminal miscellaneous application | Filed against the company by North Star Safety Systemz Pvt Ltd and Others | Pending |
| High Court, PUNJAB | Criminal miscellaneous application | Filed against the company by North Star Safety Systemz Pvt Ltd and 3 others | Disposed |
| District court, Mohali, Punjab | Cheque dishonour complaint | Filed by the company against North Star Safely Systemz Pvt. Ltd. and 2 others | Pending |
| District court, Mohali, Punjab | Criminal miscellaneous application | Filed against the company by North Star Safely Systemz Pvt. Ltd. | Disposed |
To see the full case history of Indivar Software 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 Indivar Software Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indivar Software Solutions Private Limited has a workforce of 24 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
24
Active EPFO establishments
1
Employee growth
33.33%
GST
Indivar Software Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCI0254K1ZX | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indivar Software Solutions Private Limited, buy the company report.
Recent activity
Indivar Software Solutions Private Limited has 7 board changes on record since 2009: 3 appointments and 4 cessations. The latest: Kushalpal Singh Mann ceased to be Additional Director on 10 Oct 2019.
AGM
Indivar Software Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Indivar Software Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100675911 was registered on 21 Dec 2022.
Ceased
Kushalpal Singh Mann ceased to be Additional Director.
Ceased
Jagdeep Rani ceased to be Additional Director.
Appointed
Jagdeep Rani was appointed as Director.
Ceased
Sham Lal Singh ceased to be Director.
Ceased
Inderjeet Singh ceased to be Director.
Appointed
Inderjeet Singh was appointed as Managing Director.
Appointed
Varinder Singh was appointed as Director.
Incorporation
05 Feb 2009
Indivar Software Solutions Private Limited was registered on 05 Feb 2009 with Roc Chandigarh & aged 17 years 8 months as per MCA records.
Frequently asked questions
Indivar Software Solutions is an active private limited company based in Mohali, Punjab, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 February 2009 (17+ years old) and is registered under CIN U72900PB2009PTC032584.
Indivar Software Solutions has 3 current directors:
- Inderjeet Singh - Managing Director
- Jagdeep Rani - Director
- Varinder Singh - Director
The latest financial statements of Indivar Software Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Indivar Software Solutions is 03AACCI0254K1ZX, registered in Punjab.
The CIN (Corporate Identification Number) of Indivar Software Solutions is U72900PB2009PTC032584. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indivar Software Solutions has 4 court cases on record: 1 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Indivar Software Solutions was incorporated on 05 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Indivar Software Solutions by revenue are Brainpower Technologies Private Limited, Sophos Bi Corporate Solutions Private Limited, Aiishwaa Information Services Private Limited, Bizople Solutions Private Limited, Csoft Technologies Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Kushalpal Singh Mann ceased to be Additional Director on 10 Oct 2019. Jagdeep Rani ceased to be Additional Director on 30 Sep 2019. Jagdeep Rani was appointed as Director on 20 Aug 2019. Indivar Software Solutions has 7 board changes on record in total.
Yes, Indivar Software Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-20-0007153).
Indivar Software Solutions can be reached through the website indivar.com. Its registered office is in Mohali, Punjab, India.