About Iona Entertainment Private Limited
Data last updated:
Iona Entertainment Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the entertainment venues and properties segment of the events and entertainment sector. It was incorporated on 13 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U92490KA2016PTC093218. Its GSTIN is 29AAECI1418F1ZS (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹2 Cr. It is led by directors Prashanthkumar Eswarappa and Ramalingam Ramkumar.
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 No.10 11 12 Ramagondana Halli Village Varhur Hobli, Bangalore, Karnataka, India – 560087.
As per the financials filed for FY 2024, the company reported a revenue of ₹82.59 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹48,042 (net margin -0.6%) and EBITDA of ₹21.05 Lakh (EBITDA margin 25.5%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 19% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IONA Entertainment. The company has 1 deal on record (1 funding round); the latest was in July 2017. The company has 2 MSME Form 1 returns on record for the period ending Mar 2021, listing 10 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ionafun.com.
Company details
Contact details
Iona Entertainment Private Limited's registered office is in Bangalore, Karnataka. Its website is ionafun.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.10 11 12 Ramagondana Halli Village Varhur Hobli, Bangalore, Karnataka, India – 560087
- IndustryEvents and Entertainment, Entertainment Venues & Properties
To see the full contact details of Iona Entertainment 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
Iona Entertainment operates one associated brand: IONA Entertainment. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Gaming and activity arena for adults and kids is operated. | ionafun.com |
Business activity
The main business activity of Iona Entertainment is arts, entertainment and recreation. In detail, this covers sports, amusement and recreation activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R4 | Sports, amusement and recreation activities |
To see the full business activity and turnover split of Iona Entertainment Private Limited, buy the company report.
Financials of Iona Entertainment Private Limited
FY 2024 filings availableIona Entertainment Private Limited reported revenue of ₹82.59 Lakh (down 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 10% fall in the latest year. EBITDA rose 6% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹21.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹48,042 | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.5% | ||||
| Net Profit Margin | -0.6% | ||||
| 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 Iona Entertainment Private Limited, buy the company report.
Board of directors of Iona Entertainment Private Limited
Iona Entertainment has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashanthkumar Eswarappa | Director | 06 Jul 2023 | 3 Years 3 Months | Current |
| Ramalingam Ramkumar Also directs: Miranda Mercantile Private Limited | Director | 03 May 2019 | 7 Years 5 Months | Current |
Auditor
Iona Entertainment Private Limited is audited by Shekar & Yathish for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shekar & Yathish | FY 2023 | 008964S |
Shareholding
The shareholding of Iona Entertainment Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Iona Entertainment Private Limited, buy the company report.
Deals & funding
Iona Entertainment Private Limited has 1 deal on record (1 funding round); the latest was in July 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2017 | Funding round | Undisclosed | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Iona Entertainment Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Iona Entertainment Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2021, listing 10 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| S & Y Advisory Services Private Limited | |||
| M/S Shekar & Yathish |
To see the full MSME payment records of Iona Entertainment Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Iona Entertainment Private Limited has a workforce of 5 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Iona Entertainment has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECI1418F1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iona Entertainment Private Limited, buy the company report.
Recent activity
Iona Entertainment Private Limited has 8 board changes on record since 2016: 2 appointments and 6 cessations. The latest: Prashanthkumar Eswarappa ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Iona Entertainment is an active private limited company based in Bangalore, Karnataka, India. The company works in entertainment venues and properties, within the events and entertainment industry. It was incorporated on 13 May 2016 (10+ years old) and is registered under CIN U92490KA2016PTC093218.
Iona Entertainment has 2 current directors:
- Prashanthkumar Eswarappa - Director
- Ramalingam Ramkumar - Director
The latest financial statements of Iona Entertainment on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Iona Entertainment is 29AAECI1418F1ZS, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Iona Entertainment is U92490KA2016PTC093218. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iona Entertainment was incorporated on 13 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Iona Entertainment has 1 deal on record (1 funding round); the latest was in July 2017.
Prashanthkumar Eswarappa ceased to be Additional Director on 29 Sep 2023. Prashanthkumar Eswarappa was appointed as Director on 06 Jul 2023. Ramalingam Ramkumar ceased to be Additional Director on 30 Sep 2019. Iona Entertainment has 8 board changes on record in total.
Iona Entertainment has 2 MSME Form 1 returns on record for the period ending Mar 2021, listing 10 overdue payments to 2 micro and small suppliers. The latest return was filed on 01 Sep 2021.
Iona Entertainment can be reached through the website ionafun.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Iona Entertainment is at No.10 11 12 Ramagondana Halli Village Varhur Hobli, Bangalore, Karnataka, India – 560087.