About Indus Ifone Pay Private Limited
Data last updated:
Indus Ifone Pay Private Limited was a private limited company based in Chandigarh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 15 December 2009.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900CH2009PTC031932.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sidharth Sankar and Venugopal Narayanan.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at House No. 1289 Top Floor Sector 22 – B, Chandigarh, India – 160022.
As per the financials filed for FY 2017, the company reported a revenue of ₹61,909. For the same year it recorded a net loss of ₹26,816 (net margin -43.3%) and EBITDA of -₹87,954 (EBITDA margin -142.1%).
The last known website on record is ifonepay.com.
Company details
Contact details
Indus Ifone Pay Private Limited's registered office is in Chandigarh, Chandigarh. Its website is ifonepay.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHouse No. 1289 Top Floor Sector 22 – B, Chandigarh, India – 160022
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Indus Ifone Pay 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
Business activity
The main business activity of Indus Ifone Pay 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 |
Financials of Indus Ifone Pay Private Limited
FY 2019 filings availableIndus Ifone Pay Private Limited reported revenue of ₹61,909 for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹61,909 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹87,954 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹26,816 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
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| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
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| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -142.1% | ||
| Net Profit Margin | -43.3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Receivable Days | |||
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| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Indus Ifone Pay Private Limited, buy the company report.
Board of directors of Indus Ifone Pay Private Limited
Indus Ifone Pay has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sidharth Sankar Also directs: Payforge Technologies Private Limited | Director | 15 Dec 2009 | 16 Years 10 Months | As last reported |
| Venugopal Narayanan | Director | 15 Dec 2009 | 16 Years 10 Months | As last reported |
Auditor
Indus Ifone Pay Private Limited is audited by VARUN KOSHAL & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VARUN KOSHAL & ASSOCIATES | FY 2017 | 014001N |
Shareholding
The shareholding of Indus Ifone Pay Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Indus Ifone Pay Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Indus Ifone Pay Private Limited 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 Indus Ifone Pay Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Indus Ifone Pay Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Indus Ifone Pay Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Ranjeeth Daman Prakash Rathod ceased to be Additional Director on 31 Aug 2015.
Frequently asked questions
Indus Ifone Pay has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Indus Ifone Pay was a private limited company based in Chandigarh, India. The company worked in general e-commerce platforms, within the e-commerce industry. It was incorporated on 15 December 2009 and is registered under CIN U72900CH2009PTC031932. The company has been struck off by the Registrar of Companies and is no longer operational.
Indus Ifone Pay had 2 directors:
- Sidharth Sankar - Director
- Venugopal Narayanan - Director
The CIN (Corporate Identification Number) of Indus Ifone Pay is U72900CH2009PTC031932. 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 Indus Ifone Pay is at House No. 1289 Top Floor Sector 22 – B, Chandigarh, India – 160022.
Indus Ifone Pay was incorporated on 15 December 2009. It is registered with the Registrar of Companies, Chandigarh.
Indus Ifone Pay can be reached through the website ifonepay.com. Its registered office is in Chandigarh, India.
The latest financial statements of Indus Ifone Pay on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
Indus Ifone Pay operated in the e-commerce industry, in the general e-commerce platforms segment. It worked in this industry before it was struck off.
Ranjeeth Daman Prakash Rathod ceased to be Additional Director on 31 Aug 2015. Sidharth Sankar was appointed as Director on 15 Dec 2009. Venugopal Narayanan was appointed as Director on 15 Dec 2009.