Indusind Information Technology Limited
About Indusind Information Technology Limited
Data last updated:
Indusind Information Technology Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Hinduja Group Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 March 2000.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2000PLC125200.
The company had an authorised share capital of ₹6 Cr and a paid-up capital of ₹2 Cr. It was led by directors including Sudeep Goswami and Natarajan Chandrasekaran.
Its last annual general meeting (AGM) was held on 12 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹13.6 Lakh, a growth of 70% compared to the previous year. For the same year it recorded a net profit of ₹9.38 Lakh (net margin 69%) and EBITDA of ₹12.88 Lakh (EBITDA margin 94.7%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.
As per MCA filings, the company had satisfied charges of ₹5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Company details
CIN history
Indusind Information Technology has one previous CIN (Corporate Identification Number): U72200MH2000PTC125200. The current CIN is U72200MH2000PLC125200, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH2000PLC125200 | Current |
| U72200MH2000PTC125200 | Previous |
Contact details
Indusind Information Technology Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHinduja House 171 Dr. Annie Besant Road, Worli India, Mumbai, Maharashtra, India – 400018
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Indusind Information Technology 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 Indusind Information Technology 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 Indusind Information Technology Limited
FY 2023 filings availableIndusind Information Technology Limited reported revenue of ₹13.6 Lakh (up 70% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over three years, including 70% growth in the latest year. EBITDA rose 73% 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 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 | ₹13.6 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.88 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.38 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 94.7% | ||||
| Net Profit Margin | 69% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Indusind Information Technology Limited, buy the company report.
Board of directors of Indusind Information Technology Limited
Indusind Information Technology has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudeep Goswami Also directs: HFL Enterprises Limited, Ecopolis Services Private Limited, Cyqure India Private Limited and 5 more | Director | 24 May 2022 | 4 Years 5 Months | As last reported |
| Natarajan Chandrasekaran Also directs: Hinduja Renewables Private Limited, Hinduja Renewables One Private Limited, Hinduja Rooftop Private Limited and 5 more | Director | 14 Mar 2016 | 10 Years 7 Months | As last reported |
| Vishin Ghanshamdas Gurnani Also directs: Hinduja Renewables Private Limited, Hinduja Renewables One Private Limited, Hinduja Rooftop Private Limited and 5 more | Director | 14 May 2021 | 5 Years 5 Months | As last reported |
Auditor
Indusind Information Technology Limited is audited by Manubhai & Shah LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Manubhai & Shah LLP | FY 2023 | 106041W/W100136 |
Shareholding
The shareholding of Indusind Information Technology Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indusind Information Technology Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2006 | 10007826 | Centurion Bank of Punjab Limited | ₹5 Cr | Satisfied |
To see the full charge records of Indusind Information Technology Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Indusind Information Technology Limited has 2 court cases on record: 2 filed by Indusind Information Technology. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Indusind Information Technology 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 Indusind Information Technology 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 Indusind Information Technology Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Indusind Information Technology Limited has 17 board changes on record since 2007: 3 appointments and 14 cessations. The latest: Sudeep Goswami ceased to be Additional Director on 22 Sep 2022.
10 earlier events are in the company report.
Frequently asked questions
Indusind Information Technology 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.
Indusind Information Technology was a public limited company based in Mumbai, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 23 March 2000 and is registered under CIN U72200MH2000PLC125200. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Indusind Information Technology was incorporated on 23 March 2000. It is registered with the Registrar of Companies, Mumbai.
Indusind Information Technology had 3 directors:
- Sudeep Goswami - Director
- Natarajan Chandrasekaran - Director
- Vishin Ghanshamdas Gurnani - Director
The CIN (Corporate Identification Number) of Indusind Information Technology is U72200MH2000PLC125200. 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 Indusind Information Technology is at Hinduja House 171 Dr. Annie Besant Road, Worli India, Mumbai, Maharashtra, India – 400018.
The latest financial statements of Indusind Information Technology on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 12 September 2023. Year-wise statements from 2015 are in the company report.
Indusind Information Technology operated in the information technology industry, in the IT consulting and support services segment.
Indusind Information Technology has 2 court cases on record: 2 filed by the company.
Sudeep Goswami ceased to be Additional Director on 22 Sep 2022. Sathia Soloman Raj ceased to be Director on 24 May 2022. Sudeep Goswami was appointed as Director on 24 May 2022. Indusind Information Technology has 17 board changes on record in total.
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