Infocity Ventures Private Limited
About Infocity Ventures Private Limited
Data last updated:
Infocity Ventures Private Limited was a private limited company based in Kolkata, West Bengal, India. 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 28 May 2004.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U15319WB2004PTC098678. Its GSTIN is 21AAECM6032D2Z3 (Odisha). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Infocity Hospitality Private Limited and Maheshwari Cereals Private Limited. It was led by directors Prahalad Sahoo and Dipti Somani.
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 was at Unit – 104 Room No. 303 1 British Indian Street, Kolkata, West Bengal, India – 700069.
As per the financials filed for FY 2023, the company reported a revenue of ₹17.12 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹3.91 Lakh (net margin 22.8%) and EBITDA of ₹15.72 Lakh (EBITDA margin 91.8%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years and 53% over five years.
The company had about 2 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹75 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Name history
Infocity Ventures has undergone 2 name changes throughout its history. The company was previously known as Infocity Hospitality Private Limited, and Maheshwari Cereals Private Limited. The current legal name is Infocity Ventures Private Limited.
| Company Name | Status |
|---|---|
| Infocity Ventures Private Limited | Current |
| Infocity Hospitality Private Limited | Previous |
| Maheshwari Cereals Private Limited | Previous |
Contact details
Infocity Ventures Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered AddressUnit – 104 Room No. 303 1 British Indian Street, Kolkata, West Bengal, India – 700069
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Infocity Ventures 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
Financials of Infocity Ventures Private Limited
FY 2023 filings availableInfocity Ventures Private Limited reported revenue of ₹17.12 Lakh (up 6% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 53%. EBITDA rose 4% 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 |
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| EBITDA | ₹15.72 Lakh | ||||
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| Net Profit (PAT) | ₹3.91 Lakh | ||||
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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 | 91.8% | ||||
| Net Profit Margin | 22.8% | ||||
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To see the full financial statements and ratios of Infocity Ventures Private Limited, buy the company report.
Board of directors of Infocity Ventures Private Limited
Infocity Ventures has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prahalad Sahoo Also directs: JSS IT Solutions Private Limited | Director | 30 Mar 2018 | 8 Years 7 Months | As last reported |
| Dipti Somani Also directs: Taste Eateries Services LLP, Apricot Initiatives Private Limited | Director | 22 Jul 2013 | 13 Years 3 Months | As last reported |
Auditor
Infocity Ventures Private Limited is audited by BINOD K AGRAWAL & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BINOD K AGRAWAL & ASSOCIATES | FY 2019 | 320167E |
Shareholding
The shareholding of Infocity Ventures Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Infocity Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2017 | 100142833 | Others | ₹75 Lakh | Satisfied |
To see the full charge records of Infocity Ventures Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Infocity Ventures Private Limited has 2 court cases on record: 2 filed by Infocity Ventures. 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, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Infocity Ventures 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 Infocity Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Infocity Ventures Private Limited has a workforce of 2 employees on its EPFO records as of Mar 2020.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2019-20 | 2 |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Infocity Ventures Private Limited, buy the company report.
GST
Infocity Ventures has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAECM6032D2Z3 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Infocity Ventures Private Limited, buy the company report.
Recent activity
Infocity Ventures Private Limited has 7 board changes on record since 2009: 2 appointments and 5 cessations. The latest: Prahalad Sahoo ceased to be Additional Director on 28 Sep 2018.
Frequently asked questions
Infocity Ventures 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.
Infocity Ventures was a private limited company based in Kolkata, West Bengal, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 28 May 2004 and is registered under CIN U15319WB2004PTC098678. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Infocity Ventures was incorporated on 28 May 2004. It is registered with the Registrar of Companies, Kolkata.
Infocity Ventures had 2 directors:
- Prahalad Sahoo - Director
- Dipti Somani - Director
The CIN (Corporate Identification Number) of Infocity Ventures is U15319WB2004PTC098678. 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 Infocity Ventures is at Unit – 104 Room No. 303 1 British Indian Street, Kolkata, West Bengal, India – 700069.
The latest financial statements of Infocity Ventures on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Infocity Ventures is 21AAECM6032D2Z3, registered in Odisha. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Infocity Ventures operated in the information technology industry, in the IT consulting and support services segment.
Infocity Ventures has 2 court cases on record: 2 filed by the company.
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