About Intarvo Technologies Private Limited
Data last updated:
Intarvo Technologies Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Sonoma Management Partners Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the business process outsourcing sector. It was incorporated on 28 February 2001.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72100DL2001PTC109841. The company has 20 GST registrations on record, none of which is active.
The company has a paid-up capital of ₹29.17 Cr. It was formerly known as Intarvo Technologies Limited and Rt Outsourcing Services Limited. It is led by directors including Vinay Kumar Singhal (Irp/Rp/Liquidator) and Raj Kumar Singh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 55 2nd Floor Lane – 2 Westend Marg Saidullajab Near Saket Metro Station, New Delhi, Delhi, India – 110030.
As per the financials filed for FY 2019, the company reported a revenue of ₹9.15 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹1.44 Cr (net margin -15.8%) and EBITDA of -₹90.4 Lakh (EBITDA margin -9.9%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 32% over five years.
The company has about 68 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: inTarvo. As per MCA filings, the company has satisfied charges of ₹188.03 Cr on record. Court records list 59 cases involving the company, including 27 filed by the company and 32 filed against it; 7 cases are pending. The company has 23 deals on record (15 funding rounds, 8 secondary share transfers), with disclosed funding of ₹136.15 Cr; the latest was in March 2018.
The last known website on record is intarvo.com.
Company details
Name history
Intarvo Technologies has undergone 2 name changes throughout its history. The company was previously known as Intarvo Technologies Limited, and Rt Outsourcing Services Limited. The current legal name is Intarvo Technologies Private Limited.
| Company Name | Status |
|---|---|
| Intarvo Technologies Private Limited | Current |
| Intarvo Technologies Limited | Previous |
| Rt Outsourcing Services Limited | Previous |
CIN history
Intarvo Technologies has one previous CIN (Corporate Identification Number): U72100DL2001PLC109841. The current CIN is U72100DL2001PTC109841, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100DL2001PTC109841 | Current |
| U72100DL2001PLC109841 | Previous |
Contact details
Intarvo Technologies Private Limited's registered office is in New Delhi, Delhi. Its website is intarvo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address55 2nd Floor Lane – 2 Westend Marg Saidullajab Near Saket Metro Station, New Delhi, Delhi, India – 110030
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Intarvo Technologies 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
Brands
Intarvo Technologies operates one associated brand: inTarvo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides contact center, field support, IT infrastructure, security, and e-waste management services. | intarvo.com |
Business activity
The main business activity of Intarvo Technologies is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Intarvo Technologies Private Limited, buy the company report.
Financials of Intarvo Technologies Private Limited
FY 2019 filings availableIntarvo Technologies Private Limited reported revenue of ₹9.15 Cr (down 40% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 40% fall 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹9.15 Cr | ||||
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| Total Expenses | |||||
| EBITDA | -₹90.4 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.44 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.9% | ||||
| Net Profit Margin | -15.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Intarvo Technologies Private Limited, buy the company report.
Board of directors of Intarvo Technologies Private Limited
Intarvo Technologies has 4 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Kumar Singh | Additional Director | 10 Feb 2022 | 4 Years 8 Months | As last reported |
| Vinay Kumar Singhal Also directs: Alwyn Resolutions Private Limited | Irp/Rp/Liquidator | 07 Nov 2023 | 2 Years 11 Months | As last reported |
| Amit Gautam | Additional Director | 29 Mar 2019 | 7 Years 6 Months | As last reported |
| Sudarshan Kumar | Additional Director | 29 Mar 2019 | 7 Years 6 Months | As last reported |
Auditor
Intarvo Technologies Private Limited is audited by Amit H Goel & Co. for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Amit H Goel & Co. | FY 2019 | 017188C |
Shareholding
The shareholding of Intarvo Technologies Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Intarvo Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2011 | 10324902 | Others | ₹27.68 Cr | Satisfied | |
| 13 Sep 2010 | 10240838 | Icici Bank Limited | ₹15 Cr | Satisfied | |
| 13 Sep 2010 | 10240839 | Icici Bank Limited | ₹28.5 Cr | Satisfied | |
| 08 Jun 2010 | 10225739 | Svb India Finance Private Limited | ₹10 Cr | Satisfied | |
| 30 Jul 2009 | 10170613 | The Hongkong and Shanghai Banking Corporation Limited | ₹20 Cr | Satisfied |
To see the full charge records of Intarvo Technologies Private Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Intarvo Technologies Private Limited has 23 deals on record (15 funding rounds, 8 secondary share transfers), with disclosed funding of ₹136.15 Cr; the latest was in March 2018.
Deals on record (5 of 23)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Sonoma Management Partners Seller: an individual |
| Apr 2017 | Secondary share transfer | Undisclosed | Buyer: Sonoma Management Partners Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Sonoma Management Partners |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Sonoma Management Partners Seller: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Investcorp |
To see the full deal history of Intarvo Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Intarvo Technologies Private Limited has 59 court cases on record: 27 filed by Intarvo Technologies, 32 filed against it. 7 cases are pending and 52 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 24 | 2 |
| High courts | 19 | 6 | 1 |
| NCLAT | 4 | 2 | 4 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 59)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ghaziabad, Uttar Pradesh | Civil suit | Filed against the company by M/S Best Barcode System Pvt Ltd | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Sonoma Management Partners Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Sonoma Management Partners Private Limited | Pending |
| District court, South East, Delhi | Court case (T.P. C) | Filed against the company by M/S Aramex India Pvt. Ltd | Disposed |
| District court, South East, Delhi | Execution petition | Filed against the company by M/S Aramex India Pvt. Ltd. | Disposed |
To see the full case history of Intarvo Technologies 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 Intarvo Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Intarvo Technologies has 2 subsidiary companies. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Servepro Warranty Services Private Limited | U72200DL2008PTC180334 | |
| RNR Technical Services Private Limited | U72900DL2010PTC203702 |
To see the full group structure of Intarvo Technologies Private Limited, buy the company report.
Employees & EPFO
Intarvo Technologies Private Limited has a workforce of 68 employees on its EPFO records as of Aug 31, 2024, across 1 active EPFO establishment.
GST
Intarvo Technologies has 20 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Intarvo Technologies Private Limited, buy the company report.
Recent activity
Intarvo Technologies Private Limited has 26 board changes on record since 2005: 4 appointments and 22 cessations. The latest: Vinay Kumar Singhal was appointed as Irp/Rp/Liquidator on 07 Nov 2023.
62 earlier events are in the company report.
Frequently asked questions
Intarvo Technologies is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Intarvo Technologies is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 28 February 2001 and is registered under CIN U72100DL2001PTC109841. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Intarvo Technologies has 4 current directors:
- Raj Kumar Singh - Additional Director
- Amit Gautam - Additional Director
- Sudarshan Kumar - Additional Director
- Vinay Kumar Singhal - Irp/Rp/Liquidator
The latest financial statements of Intarvo Technologies on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Intarvo Technologies is U72100DL2001PTC109841. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Intarvo Technologies has no open charges and satisfied charges of ₹188.03 Cr as per latest MCA filings.
Intarvo Technologies has 59 court cases on record: 27 filed by the company and 32 filed against it. 7 are pending. Most are in the district courts.
Intarvo Technologies was incorporated on 28 February 2001. It is registered with the Registrar of Companies, Delhi.
Intarvo Technologies has 23 deals on record (15 funding rounds, 8 secondary share transfers), with disclosed funding of ₹136.15 Cr; the latest was in March 2018.
Vinay Kumar Singhal was appointed as Irp/Rp/Liquidator on 07 Nov 2023. Sudarshan Kumar ceased to be Additional Director on 21 Sep 2022. Raj Kumar Singh was appointed as Additional Director on 10 Feb 2022. Intarvo Technologies has 26 board changes on record in total.