MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0030157
Ini Design Studio Private Limited - business outsourcing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹35.24 Cr
▲ 30% YoY
Net profit · FY 2023
₹3.17 Cr
Net margin 9%
EBITDA · FY 2023
₹7.07 Cr
EBITDA margin 20.1%
Authorised capital
₹5.25 Cr
Registered with MCA
Paid-up capital
₹4.8 Cr
Issued & subscribed
Open charges
₹14.03 Cr
Satisfied ₹2.59 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
150
Provident fund records
About Ini Design Studio Private Limited
Data last updated:
Ini Design Studio Private Limited is a foreign private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Ini Design Consulting Llp. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 29 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U93090GJ2007FTC050392. Its GSTIN is 24AADCB0953H1Z0 (Gujarat). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹5.25 Cr and a paid-up capital of ₹4.8 Cr. It was formerly known as Burt Hill Design Private Limited and Stantec Consulting Private Limited. It is led by directors including Jayesh Hariyani and Bindu Hariyani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹35.24 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹3.17 Cr (net margin 9%) and EBITDA of ₹7.07 Cr (EBITDA margin 20.1%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 15% over five years.
The company has about 150 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹14.03 Cr and satisfied charges of ₹2.59 Cr on record. Court records list 11 cases involving the company, including 2 filed by the company and 9 filed against it; 8 cases are pending.
Ini Design Studio Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0030157). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website inidesignstudio.com.
Company Details of Ini Design Studio Private Limited
CIN U93090GJ2007FTC050392
Registration Number 050392
Incorporation Date 29 March 2007
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Ini Design Consulting Llp
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0030157
Name History of Ini Design Studio Private Limited
Ini Design Studio has undergone 2 name changes throughout its history. The company was previously known as Burt Hill Design Private Limited, and Stantec Consulting Private Limited. The current legal name is Ini Design Studio Private Limited.
| Company Name | Status |
|---|---|
| Ini Design Studio Private Limited | Current |
| Burt Hill Design Private Limited | Previous |
| Stantec Consulting Private Limited | Previous |
Recognitions & Rankings of Ini Design Studio
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address71 – 72 'Titanium' Near Prahaladnagar Auda Garden Satellit, E, Ahmedabad, Gujarat, India – 380058
- IndustryBusiness Outsourcing, Business & IT Consulting
Comprehensive company report
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Financials of Ini Design Studio Private Limited FY 2024 filings available
Ini Design Studio Private Limited reported revenue of ₹35.24 Cr (up 30% YoY) for FY 2023.
Revenue · FY 2023
₹35.24 Cr ▲ 30%
Net profit · FY 2023
₹3.17 Cr margin 9%
EBITDA · FY 2023
₹7.07 Cr margin 20.1%
Compounded Annual Growth Rate (CAGR) of Ini Design Studio Private Limited
Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 21%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 60%
3 years · compounded
▲ 30%
5 years · compounded
▲ 13%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 30% growth in the latest year. EBITDA rose 60% 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 of Ini Design Studio 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 | ₹35.24 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.07 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.17 Cr | •••• | •••• | •••• | •••• |
| 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 Ini Design Studio Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9% | •••• | •••• | •••• | •••• |
| 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 Ini Design Studio are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Verified entity values are shown only after access is granted.
Board of Directors of Ini Design Studio Private Limited
Ini Design Studio has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayesh Hariyani | Director | 29 Mar 2007 | 19 Years 6 Months | Current |
| Bindu Hariyani | Director | 17 Mar 2010 | 16 Years 7 Months | Current |
| Harsh Goel Also directs: Ini Design Consulting Private Limited | Director | 18 Nov 2019 | 6 Years 11 Months | Current |
Auditor Details of Ini Design Studio Private Limited
Ini Design Studio Private Limited is audited by SHAH & SHAH ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHAH & SHAH ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Ini Design Studio Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Ini Design Studio Private Limited
Open charges
₹14.03 Cr
Satisfied charges
₹2.59 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jan 2024 | Others | ₹2.05 Cr | Open |
| 19 Jun 2018 | Others | ₹2 Cr | Open |
| 25 Jul 2017 | Others | ₹9.98 Cr | Open |
| 18 May 2017 | Others | ₹2.59 Cr | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Ini Design Studio Private Limited
Ini Design Studio Private Limited has 11 court cases on record: 2 filed by Ini Design Studio, 9 filed against it. 8 cases are pending and 3 are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Total cases
11
Filed by the company
2
Filed against the company
9
Pending
8
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 9 | 8 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by Principal Commissioner of Income Tax-1 | Pending |
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by Principal Commissioner of Income Tax 4 | Pending |
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by Commissioner of Income Tax | Pending |
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by Principal Commissioner of Income Tax-1 | Disposed |
| High Court of Gujarat | Court case (COMP) | Filed by the company | Disposed |
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Full case history
All 11 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Ini Design Studio Private Limited
Ini Design Studio Private Limited has a workforce of 150 employees as of Apr 06, 2024.
Employee count
150
Active EPFO establishments
1
Employee growth
15.38%
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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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Group Structure of Ini Design Studio Private Limited
Ini Design Studio has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Ini Infrastructure & Engineering Private Limited | U74140GJ1997PTC033314 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Ini Design Studio Private Limited
Ini Design Studio Private Limited has 23 board changes on record since 2007: 13 appointments and 10 cessations. The latest: Harsh Goel was appointed as Director on 18 Nov 2019.
AGM
Ini Design Studio Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 2.05 Cr registered on 23 Jan 2024 with Charge ID 100864718 was modified on 04 Jul 2024.
Filing
Ini Design Studio Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 2.05 Cr with Charge ID 100864718 was registered on 23 Jan 2024.
Charges
A charge with Others of Rs. 9.98 Cr registered on 25 Jul 2017 with Charge ID 100114214 was modified on 06 Jul 2023.
Charges
A charge with Others of Rs. 2.00 Cr registered on 19 Jun 2018 with Charge ID 100193749 was modified on 17 Jun 2021.
Appointed
Harsh Goel was appointed as Director.
Charges
A charge registered on 18 May 2017 via Charge ID 100102848 with Others was fully satisfied on 04 Sep 2019.
Ceased
Adi Manek Mistri ceased to be Director.
Ceased
Pradip Sumantrai Sheth ceased to be Director.
Charges
A charge with Others of Rs. 2.59 Cr registered on 18 May 2017 with Charge ID 100102848 was modified on 29 Aug 2018.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100193749 was registered on 19 Jun 2018.
23 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ini Design Studio Private Limited
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MSME Payment Delays by Ini Design Studio Private Limited
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Subsidiaries & Group Companies of Ini Design Studio Private Limited
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Corporate group structure
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GST Compliance of Ini Design Studio Private Limited
Ini Design Studio has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
5
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCB0953H1Z0 | Gujarat | Active | 01 Jul 2017 |
| 24AADCB0953H2ZZ | Gujarat | Active | 21 May 2025 |
| 27AADCB0953H1ZU | Maharashtra | Active | 01 Jul 2017 |
| 37AADCB0953H1ZT | Andhra Pradesh | Active | 28 Dec 2018 |
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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 Ini Design Studio Private Limited
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Frequently Asked Questions about Ini Design Studio Private Limited
Ini Design Studio is an active foreign private limited company based in Ahmedabad, Gujarat, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 29 March 2007 (19+ years old) and is registered under CIN U93090GJ2007FTC050392.
Ini Design Studio reported revenue of ₹35.24 Cr for FY 2023 (up 30% YoY).
Ini Design Studio has 3 current directors:
- Jayesh Hariyani - Director
- Bindu Hariyani - Director
- Harsh Goel - Director
Ini Design Studio reported a net profit of ₹3.17 Cr (net margin 9%) and EBITDA of ₹7.07 Cr (EBITDA margin 20.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ini Design Studio is 21% over three years and 15% over five years. In the latest year (FY 2023) revenue rose 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ini Design Studio is 24AADCB0953H1Z0, registered in Gujarat. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 24AADCB0953H2ZZ (Gujarat), 27AADCB0953H1ZU (Maharashtra), 37AADCB0953H1ZT (Andhra Pradesh).
The CIN (Corporate Identification Number) of Ini Design Studio is U93090GJ2007FTC050392. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ini Design Studio has 11 court cases on record: 2 filed by the company and 9 filed against it. 8 are pending.
Ini Design Studio was incorporated on 29 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Harsh Goel was appointed as Director on 18 Nov 2019. Adi Manek Mistri ceased to be Director on 28 Jun 2019. Pradip Sumantrai Sheth ceased to be Director on 28 Jun 2019. Ini Design Studio has 23 board changes on record in total.