Inswell IT Applications Private Limited
About Inswell IT Applications Private Limited
Data last updated:
Inswell IT Applications Private Limited was a foreign private limited company based in Gurugram, Haryana, India, operated as a subsidiary of Mahiavik Llc. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 May 2018.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72900HR2018FTC084782. Its GSTIN is 07AAECI8809G1ZF (Delhi).
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.94 Cr. It was led by directors Sunil Kumar Sharda and Dinesh Kumar Bhardwaj.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 5th Floor Plot No. 21 Institutional Area Sector – 44, Gurugram, Haryana, India – 122001.
As per the financials filed for FY 2021, the company reported a revenue of ₹11.9 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹5.76 Cr (net margin 48.4%) and EBITDA of ₹8.3 Cr (EBITDA margin 69.8%).
The company had about 28 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹150 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Company details
CIN history
Inswell IT Applications has one previous CIN (Corporate Identification Number): U72900DL2018FTC334145. The current CIN is U72900HR2018FTC084782, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900HR2018FTC084782 | Current |
| U72900DL2018FTC334145 | Previous |
Contact details
Inswell IT Applications Private Limited's registered office is in Gurugram, Haryana. Its e-mail address is in the company report.
- Email
- Registered Address5th Floor Plot No. 21 Institutional Area Sector – 44, Gurugram, Haryana, India – 122001
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Inswell IT Applications 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 Inswell IT Applications 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 |
To see the full business activity and turnover split of Inswell IT Applications Private Limited, buy the company report.
Financials of Inswell IT Applications Private Limited
FY 2021 filings availableInswell IT Applications Private Limited reported revenue of ₹11.9 Cr (down 1% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year. EBITDA rose 12% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹8.3 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹5.76 Cr | ||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 69.8% | ||
| Net Profit Margin | 48.4% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Inswell IT Applications Private Limited, buy the company report.
Board of directors of Inswell IT Applications Private Limited
Inswell IT Applications has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Kumar Sharda | Director | 14 Jul 2018 | 8 Years 3 Months | As last reported |
| Dinesh Kumar Bhardwaj Also directs: Infinite Infoworld Limited, Infinite Infopark Limited, Infinite Infocity Limited and 5 more | Director | 18 May 2018 | 8 Years 5 Months | As last reported |
Peer comparison
Inswell IT Applications Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Atul Kashyap Art Media Private Limited | ₹11.92 Cr (FY 2025) | -46.0% | Gurugram, Haryana, India | |||
| Vrinsoft Technology Private Limited | ₹11.92 Cr (FY 2025) | 0.0% | Ahmedabad, Gujarat, India | |||
| Junosys Networks Private Limited | ₹11.92 Cr (FY 2025) | 31.0% | Indore, Madhya Pradesh, India | |||
| Stradegi Solutions India Private Limited | ₹11.92 Cr (FY 2025) | -21.0% | Chennai, Tamil Nadu, India | |||
| Comsol Private Limited | ₹11.92 Cr (FY 2016) | 0.0% | Thiruvananthapuram, Kerala, India | |||
| Inswell IT Applications Private Limitedthis company | ₹11.9 Cr (FY 2021) | ₹5.76 Cr | 48.4% | -1.0% | 28 | Gurugram, Haryana, India |
| Yennes Infotec Private Limited | ₹11.89 Cr (FY 2024) | 7.0% | Chennai, Tamil Nadu, India | |||
| TDW Technologies Private Limited | ₹11.88 Cr (FY 2025) | 125.0% | Bangalore, Karnataka, India | |||
| Systechcorp Private Limited | ₹11.88 Cr (FY 2025) | 49.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Inswell IT Applications Private Limited, buy the company report.
Auditor
Inswell IT Applications Private Limited is audited by H D S G & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H D S G & ASSOCIATES | FY 2020 | 002871N |
Shareholding
The shareholding of Inswell IT Applications Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Inswell IT Applications Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Aug 2018 | 100197694 | Others | ₹150 Cr | Satisfied |
To see the full charge records of Inswell IT Applications Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Inswell IT Applications Private Limited has 2 court cases on record: 2 filed by Inswell IT Applications. 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, Chandigarh | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Chandigarh | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Inswell IT Applications 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 Inswell IT Applications Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Inswell IT Applications Private Limited has a workforce of 28 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Inswell IT Applications has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECI8809G1ZF | Delhi | Active | 01 Sep 2018 |
To see the full GST registrations and return filing status of Inswell IT Applications Private Limited, buy the company report.
Recent activity
Inswell IT Applications Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Sunil Kumar Sharda ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Inswell IT Applications 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.
Inswell IT Applications was a foreign private limited company based in Gurugram, Haryana, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 18 May 2018 and is registered under CIN U72900HR2018FTC084782. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Inswell IT Applications was incorporated on 18 May 2018. It is registered with the Registrar of Companies, Delhi.
Inswell IT Applications had 2 directors:
- Sunil Kumar Sharda - Director
- Dinesh Kumar Bhardwaj - Director
The CIN (Corporate Identification Number) of Inswell IT Applications is U72900HR2018FTC084782. 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 Inswell IT Applications is at 5th Floor Plot No. 21 Institutional Area Sector – 44, Gurugram, Haryana, India – 122001.
The latest financial statements of Inswell IT Applications on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Inswell IT Applications is 07AAECI8809G1ZF, registered in Delhi.
Inswell IT Applications operated in the information technology industry, in the application development and software solutions segment.
The peers of Inswell IT Applications by revenue are Atul Kashyap Art Media Private Limited, Vrinsoft Technology Private Limited, Junosys Networks Private Limited, Stradegi Solutions India Private Limited, Comsol Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Inswell IT Applications has 2 court cases on record: 2 filed by the company.
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