DPIIT recognised startup Government of India
Startup India
Indolytics India Private Limited - business services in Ahmedabad, Gujarat, India. Directors, charges & compliance details.
Revenue · FY 2023
₹8.67 Lakh
▼ 64% YoY
Net loss · FY 2023
₹6.86 Lakh
Net margin -79.1%
EBITDA · FY 2023
-₹6.25 Lakh
EBITDA margin -72.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Brands
1
Associated brands
About Indolytics India Private Limited
Data last updated:
Indolytics India Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the business services sector. It was incorporated on 24 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2018PTC103390.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sonu Lal Mirchandani and Ashwini Shrikant Bhosle.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 403 Shivalik High Street Near Mansi Circle Premchand Nagar Road Iim Satellite, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.67 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹6.86 Lakh (net margin -79.1%) and EBITDA of -₹6.25 Lakh (EBITDA margin -72.1%).
The company is associated with 1 brand: Indolytics.
Indolytics India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0001688). For more details, the company can be reached via its website indolytics.com.
Company Details of Indolytics India Private Limited
CIN U74999GJ2018PTC103390
Registration Number 103390
Incorporation Date 24 July 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0001688
Recognitions & Rankings of Indolytics India
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0001688
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address403 Shivalik High Street Near Mansi Circle Premchand Nagar Road Iim Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
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Associated Brands with Indolytics India Private Limited
Indolytics India operates one associated brand: Indolytics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers beacon-based solutions for indoor tracking and proximity marketing. | indolytics.com |
Business Activity of Indolytics India Private Limited
The main business activity of Indolytics India is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Indolytics India Private Limited FY 2023 filings available
Indolytics India Private Limited reported revenue of ₹8.67 Lakh (down 64% YoY) for FY 2023.
Revenue · FY 2023
₹8.67 Lakh ▼ 64%
Net loss · FY 2023
₹6.86 Lakh margin -79.1%
EBITDA · FY 2023
-₹6.25 Lakh margin -72.1%
Compounded Annual Growth Rate (CAGR) of Indolytics India Private Limited
Revenue CAGR growth
1 year
▼ 64%
EBITDA CAGR growth
1 year
▲ 15%
Revenue fell 64% in the latest year. EBITDA rose 15% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Indolytics India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 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 | -₹6.25 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.86 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 of Indolytics India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -72.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -79.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Indolytics India are in the company report.
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Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
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Verified entity values are shown only after access is granted.
Board of Directors of Indolytics India Private Limited
Indolytics India has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonu Lal Mirchandani | Director | 24 Jul 2018 | 8 Years 2 Months | Current |
| Ashwini Shrikant Bhosle Also directs: Aanventures LLP | Director | 24 Jul 2018 | 8 Years 2 Months | Current |
| Ankit Dave Also directs: Jupiter Infomedia Limited, Sysma Tech Private Limited, Tailored Solutions Private Limited and 1 more | Director | 24 Jul 2018 | 8 Years 2 Months | Current |
Peer Comparison of Indolytics India Private Limited
Indolytics India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Crossace Digi World Private Limited | ₹8.68 Lakh (FY 2024) | •••• | •••• | 38.0% | •••• | Delhi, India |
| GBJ Buzz Private Limited | ₹8.67 Lakh (FY 2024) | •••• | •••• | •••• | Nagpur, Maharashtra, India | |
| Ajjan Business Solutions Private Limited | ₹8.67 Lakh (FY 2025) | •••• | •••• | -70.0% | •••• | Hyderabad, Telangana, India |
| Voxverse Tech Private Limited | ₹8.67 Lakh (FY 2025) | •••• | •••• | -32.0% | •••• | Hyderabad, Telangana, India |
| Basu & Basu Engineers Pvt. Ltd. | ₹8.67 Lakh (FY 2022) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Indolytics India Private Limited this company | ₹8.67 Lakh (FY 2023) | •••• | •••• | -64.0% | •••• | Ahmedabad, Gujarat, India |
| Factual Tele-Solution Private Limited | ₹8.67 Lakh (FY 2020) | •••• | •••• | 43.0% | •••• | New Delhi, Delhi, India |
| Qe Synthesis (OPC) Private Limited | ₹8.67 Lakh (FY 2025) | •••• | •••• | 69.0% | •••• | Bangalore, Karnataka, India |
| Bizinnovision Private Limited | ₹8.66 Lakh (FY 2024) | •••• | •••• | -50.0% | •••• | Vaishali, Uttar Pradesh, India |
| Netcare Infotech Private Limited | ₹8.66 Lakh (FY 2016) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Yuggyan Advertising Private Limited | ₹8.65 Lakh (FY 2019) | •••• | •••• | -45.0% | •••• | Patna, Bihar, India |
Peers are the five companies nearest above and the five nearest below Indolytics India by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Indolytics India Private Limited
Indolytics India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Indolytics India Private Limited
Employment history and EPFO contributions of people linked to Indolytics India.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Indolytics India Private Limited
Indolytics India Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Ankit Dave was appointed as Director on 24 Jul 2018.
AGM
Indolytics India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Indolytics India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Appointed
Ankit Dave was appointed as Director.
Appointed
Ashwini Shrikant Bhosle was appointed as Director.
Appointed
Sonu Lal Mirchandani was appointed as Director.
Incorporation
24 Jul 2018
Indolytics India Private Limited was registered on 24 Jul 2018 with Roc Ahmedabad & aged 8 years 2 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Indolytics India Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
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MSME Payment Delays by Indolytics India Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Indolytics India Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Indolytics India Private Limited
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Indolytics India Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Indolytics India Private Limited
Indolytics India is an active private limited company based in Ahmedabad, Gujarat, India. The company works in other services, within the business services industry. It was incorporated on 24 July 2018 (8+ years old) and is registered under CIN U74999GJ2018PTC103390.
Indolytics India reported revenue of ₹8.67 Lakh for FY 2023 (down 64% YoY).
Indolytics India has 3 current directors:
- Sonu Lal Mirchandani - Director
- Ashwini Shrikant Bhosle - Director
- Ankit Dave - Director
Indolytics India reported a net loss of ₹6.86 Lakh (net margin -79.1%) and EBITDA of -₹6.25 Lakh (EBITDA margin -72.1%) for FY 2023, as per its filed financial statements.
The CIN (Corporate Identification Number) of Indolytics India is U74999GJ2018PTC103390. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indolytics India was incorporated on 24 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Indolytics India by revenue are Crossace Digi World Private Limited, GBJ Buzz Private Limited, Ajjan Business Solutions Private Limited, Voxverse Tech Private Limited, Basu & Basu Engineers Pvt. Ltd. and 5 more, all in the same principal business activity (Other information & communication service activities).
Ankit Dave was appointed as Director on 24 Jul 2018. Ashwini Shrikant Bhosle was appointed as Director on 24 Jul 2018. Sonu Lal Mirchandani was appointed as Director on 24 Jul 2018.
Yes, Indolytics India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Indolytics India is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0001688).
Indolytics India can be reached through the website indolytics.com. Its registered office is in Ahmedabad, Gujarat, India.