Initiators Technology Private Limited

Initiators Technology Private Limited - information technology in Nashik, Maharashtra, India. Directors, charges & compliance details.
CIN U72900MH2021PTC366426 Incorporated 27 August 2021 ROC Mumbai HQ Nashik, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹83.4 Lakh
▲ 35% YoY
Net profit · FY 2024
₹1.62 Lakh
Net margin 1.9%
EBITDA · FY 2024
₹6.69 Lakh
EBITDA margin 8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Brands
1
Associated brands

About Initiators Technology Private Limited

Data last updated:

Initiators Technology Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 27 August 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2021PTC366426.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pratik Nandkumar Sonawane and Nikita Ashok Jadhav.

Its last annual general meeting (AGM) was held on 09 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pl No. 11 Sr No.232/23 Jore Petrol Pump Vadge Mala, Nashik, Maharashtra, India – 422306.

As per the financials filed for FY 2024, the company reported a revenue of ₹83.4 Lakh, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹1.62 Lakh (net margin 1.9%) and EBITDA of ₹6.69 Lakh (EBITDA margin 8%).

The company is associated with 1 brand: Initiators Technology.

For more details, the company can be reached via its website initiatorstechnology.com.

Company details

CIN U72900MH2021PTC366426
Registration Number 366426
Incorporation Date 27 August 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 09 October 2024
Date of Balance Sheet 31 March 2024

Contact details

Initiators Technology Private Limited's registered office is in Nashik, Maharashtra.

  • Social Media
  • Registered Address
    Pl No. 11 Sr No.232/23 Jore Petrol Pump Vadge Mala, Nashik, Maharashtra, India – 422306
  • Industry
    Information Technology, Other Computer Related Activities
Comprehensive company report
Initiators Technology Private Limited - one report that includes everything
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  • Legal cases, compliance and MCA filings
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Brands

Initiators Technology operates one associated brand: Initiators Technology. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers web and software development, digital marketing, branding, SMM, and SEO services.initiatorstechnology.com

Business activity

The main business activity of Initiators Technology is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Initiators Technology Private Limited, buy the company report.

Financials of Initiators Technology Private Limited

FY 2024 filings available

Initiators Technology Private Limited reported revenue of ₹83.4 Lakh (up 35% YoY) for FY 2024.

Revenue · FY 2024
₹83.4 Lakh ▲ 35%
Net profit · FY 2024
₹1.62 Lakh margin 1.9%
EBITDA · FY 2024
₹6.69 Lakh margin 8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 35%
EBITDA CAGR growth
1 year
▼ 48%

Revenue rose 35% in the latest year. EBITDA fell 48% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22
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₹6.69 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.62 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

MetricsFY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin8%
Net Profit Margin1.9%
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

To see the full financial statements and ratios of Initiators Technology Private Limited, buy the company report.

Board of directors of Initiators Technology Private Limited

Initiators Technology has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Pratik Nandkumar SonawaneDirector27 Aug 20215 Years 2 MonthsCurrent
Nikita Ashok JadhavDirector27 Aug 20215 Years 2 MonthsCurrent

Peer comparison

Initiators Technology Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Veripoint Technologies Private Limited₹83.49 Lakh (FY 2024)-33.0%Noida, Uttar Pradesh, India
Maayee Information Technology Private Limited₹83.48 Lakh (FY 2024)-14.0%Hyderabad, Telangana, India
Riansh Infotech Private Limited₹83.44 Lakh (FY 2025)-19.0%Mahendragarh, Haryana, India
Ibaad Solutions Private Limited₹83.43 Lakh (FY 2024)156.0%Noida, Uttar Pradesh, India
Beaming India Technology Private Limited₹83.4 Lakh (FY 2025)134.0%Raipur, Chhattisgarh, India
Initiators Technology Private Limitedthis company₹83.4 Lakh (FY 2024)₹1.62 Lakh1.9%35.0%Nashik, Maharashtra, India
Isecpe Private Limited₹83.39 Lakh (FY 2025)404.0%Jammu, Jammu and Kashmir, India
Ecolibrium Energy Private Limited₹83.37 Lakh (FY 2025)-37.0%Bangalore, Karnataka, India
Zreyas Technology Private Limited₹83.37 Lakh (FY 2025)-57.0%Kolkata, West Bengal, India
Ipsita Techno Labs Private Limited₹83.36 Lakh (FY 2024)32.0%Hyderabad, Telangana, India
Milkywayai India Private Limited₹83.33 Lakh (FY 2023)356.0%Ranchi, Jharkhand, India

To see the full peer comparison of Initiators Technology Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Initiators Technology 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 Initiators Technology Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Initiators Technology Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Nikita Ashok Jadhav was appointed as Director on 27 Aug 2021.

AGM
Initiators Technology Private Limited last Annual general meeting of members was held on 09 Oct 2024 as per latest MCA records.
Filing
Initiators Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Nikita Ashok Jadhav was appointed as Director.
Appointed
Pratik Nandkumar Sonawane was appointed as Director.
Incorporation
27 Aug 2021
Initiators Technology Private Limited was registered on 27 Aug 2021 with Roc Mumbai & aged 5 years 2 months as per MCA records.

Frequently asked questions

Initiators Technology is an active private limited company based in Nashik, Maharashtra, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 27 August 2021 (5+ years old) and is registered under CIN U72900MH2021PTC366426.

Initiators Technology has 2 current directors:

The latest financial statements of Initiators Technology on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 09 October 2024. Year-wise statements from FY 2022 are in the company report.

The CIN (Corporate Identification Number) of Initiators Technology is U72900MH2021PTC366426. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Initiators Technology was incorporated on 27 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Initiators Technology by revenue are Veripoint Technologies Private Limited, Maayee Information Technology Private Limited, Riansh Infotech Private Limited, Ibaad Solutions Private Limited, Beaming India Technology Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).

Nikita Ashok Jadhav was appointed as Director on 27 Aug 2021. Pratik Nandkumar Sonawane was appointed as Director on 27 Aug 2021.

Initiators Technology can be reached through the website initiatorstechnology.com. Its registered office is in Nashik, Maharashtra, India.

The registered office of Initiators Technology is at Pl No. 11 Sr No.23223 Jore Petrol Pump Vadge Mala, Nashik, Maharashtra, India – 422306.

Initiators Technology operates in the information technology industry, in the other computer related activities segment.

Initiators Technology has 1 associated brand: Initiators Technology.