MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0041200
Ionidea Enterprise Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹10.32 Cr
▼ 1% YoY
Net profit · FY 2025
₹45.76 Lakh
Net margin 4.4%
EBITDA · FY 2025
₹1.06 Cr
EBITDA margin 10.3%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹10.68 Cr
Satisfied ₹6.73 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
110
Provident fund records
About Ionidea Enterprise Solutions Private Limited
Data last updated:
Ionidea Enterprise Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 01 August 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1996PTC020909. Its GSTIN is 29AAACI2968J1Z6 (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Havenwoods Consultancy Services Private Limited. It is led by directors including Brindala Mallappa Ananthram (Managing Director) and Muhammad Sarwar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #38 – 40 Export Promotion In – Dustrial Park Whitefield Bangalore., Karnataka, India – 560066.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.32 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹45.76 Lakh (net margin 4.4%) and EBITDA of ₹1.06 Cr (EBITDA margin 10.3%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 4% over five years.
The company has about 110 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.68 Cr and satisfied charges of ₹6.73 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Ionidea Enterprise Solutions Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0041200). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ionidea.com.
Company details
CIN U85110KA1996PTC020909
Registration Number 020909
Incorporation Date 01 August 1996
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0041200
Key People
Brindala Mallappa Ananthram Managing Director Muhammad Sarwar Director Kishan Grama Ananthram Director Recognitions & Rankings of Ionidea Enterprise Solutions
Contact details
Ionidea Enterprise Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is ionidea.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#38 – 40 Export Promotion In – Dustrial Park Whitefield Bangalore., Karnataka, India – 560066
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Ionidea Enterprise Solutions Private Limited, buy the company report.
Comprehensive company report
Ionidea Enterprise Solutions Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Ionidea Enterprise Solutions 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 Ionidea Enterprise Solutions Private Limited, buy the company report.
Financials of Ionidea Enterprise Solutions Private Limited
FY 2025 filings availableIonidea Enterprise Solutions Private Limited reported revenue of ₹10.32 Cr (down 1% YoY) for FY 2025.
Revenue · FY 2025
₹10.32 Cr ▼ 1%
Net profit · FY 2025
₹45.76 Lakh margin 4.4%
EBITDA · FY 2025
₹1.06 Cr margin 10.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▼ 7%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 12%
5 years · compounded
▼ 5%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 1% fall in the latest year. EBITDA fell 7% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.06 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹45.76 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.3% | ||||
| Net Profit Margin | 4.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ionidea Enterprise Solutions Private Limited, buy the company report.
Board of directors of Ionidea Enterprise Solutions Private Limited
Ionidea Enterprise Solutions has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muhammad Sarwar Also directs: Ionidea Interactive Private Limited | Director | 29 Aug 2011 | 15 Years 1 Months | Current |
| Kishan Grama Ananthram | Director | 01 Aug 1996 | 30 Years 2 Months | Current |
| Brindala Mallappa Ananthram Also directs: Omtara Enterprises Private Limited, Virchus Dharmic Vikas Foundation, Ionidea Interactive Private Limited and 1 more | Managing Director | 27 Jan 1997 | 29 Years 8 Months | Current |
Peer comparison
Ionidea Enterprise Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Software Services), with 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 |
|---|---|---|---|---|---|---|
| Incresol Software Services Private Limited | ₹10.35 Cr (FY 2024) | 48.0% | Hyderabad, Telangana, India | |||
| Ionidea Enterprise Solutions Private Limitedthis company | ₹10.32 Cr (FY 2025) | ₹45.76 Lakh | 4.4% | -1.0% | 110 | Bangalore, Karnataka, India |
| Syncordis Software Services India Private Limited | ₹10.32 Cr (FY 2020) | 43.0% | Mumbai, Maharashtra, India | |||
| Ness Software Services Private Limited | ₹10.31 Cr (FY 2019) | 0.0% | Mumbai, Maharashtra, India | |||
| Centra Hub Private Limited | ₹10.28 Cr (FY 2025) | -24.0% | Hydearabad, Telangana, India |
To see the full peer comparison of Ionidea Enterprise Solutions Private Limited, buy the company report.
Auditor
Ionidea Enterprise Solutions Private Limited is audited by BADAMI & KAMATH for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BADAMI & KAMATH | FY 2021 | 006069S |
Shareholding
The shareholding of Ionidea Enterprise Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ionidea Enterprise Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.68 Cr
Satisfied charges
₹6.73 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2015 | 10592896 | Others | ₹10.68 Cr | Open | |
| 04 Jul 2006 | 10007405 | Karnataka State Financial Corporation | ₹3.5 Lakh | Satisfied | |
| 04 Jul 2006 | 10007556 | Karnataka State Financial Corporation | ₹3.5 Lakh | Satisfied | |
| 11 Aug 2004 | 90198458 | Karnataka State Financial Corporation | ₹1.33 Cr | Satisfied | |
| 11 Aug 2004 | 90200934 | Karnataka State Financial Corpn. | ₹1.33 Cr | Satisfied |
To see the full charge records of Ionidea Enterprise Solutions Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Ionidea Enterprise Solutions Private Limited has 2 court cases on record: 2 filed by Ionidea Enterprise Solutions. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against individuals | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against individuals | Disposed |
To see the full case history of Ionidea Enterprise Solutions 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 Ionidea Enterprise Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ionidea Enterprise Solutions Private Limited has a workforce of 110 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
110
Active EPFO establishments
1
Employee growth
-29.49%
GST
Ionidea Enterprise Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI2968J1Z6 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ionidea Enterprise Solutions Private Limited, buy the company report.
Recent activity
Ionidea Enterprise Solutions Private Limited has 6 board changes on record since 1996: 3 appointments and 3 cessations. The latest: Muhammad Sarwar ceased to be Additional Director on 26 Sep 2011.
Charges
A charge with Others of Rs. 10.68 Cr registered on 22 Sep 2015 with Charge ID 10592896 was modified on 13 Oct 2025.
AGM
Ionidea Enterprise Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ionidea Enterprise Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 10.68 Cr with Charge ID 10592896 was registered on 22 Sep 2015.
Ceased
Muhammad Sarwar ceased to be Additional Director.
Appointed
Muhammad Sarwar was appointed as Director.
Ceased
Kethamaranahalli Vijayasimha Narendra ceased to be Director.
Charges
A charge registered on 04 Jul 2006 via Charge ID 10007405 with Karnataka State Financial Corporation was fully satisfied on 15 Apr 2010.
Charges
A charge registered on 04 Jul 2006 via Charge ID 10007556 with Karnataka State Financial Corporation was fully satisfied on 15 Apr 2010.
Charges
A charge registered on 11 Aug 2004 via Charge ID 90198458 with Karnataka State Financial Corporation was fully satisfied on 15 Apr 2010.
Charges
A charge registered on 11 Aug 2004 via Charge ID 90200934 with Karnataka State Financial Corpn. was fully satisfied on 15 Apr 2010.
Charges
A charge registered on 18 Aug 1998 via Charge ID 90197412 with Karnataka State Financial Corporation was fully satisfied on 15 Apr 2010.
13 earlier events are in the company report.
Frequently asked questions
Ionidea Enterprise Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 01 August 1996 (30+ years old) and is registered under CIN U85110KA1996PTC020909.
Ionidea Enterprise Solutions has 3 current directors:
- Brindala Mallappa Ananthram - Managing Director
- Muhammad Sarwar - Director
- Kishan Grama Ananthram - Director
The latest financial statements of Ionidea Enterprise Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ionidea Enterprise Solutions is 29AAACI2968J1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Ionidea Enterprise Solutions is U85110KA1996PTC020909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ionidea Enterprise Solutions has 2 court cases on record: 2 filed by the company.
Ionidea Enterprise Solutions was incorporated on 01 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ionidea Enterprise Solutions by revenue are Incresol Software Services Private Limited, Syncordis Software Services India Private Limited, Ness Software Services Private Limited, Centra Hub Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).
Muhammad Sarwar ceased to be Additional Director on 26 Sep 2011. Muhammad Sarwar was appointed as Director on 29 Aug 2011. Kethamaranahalli Vijayasimha Narendra ceased to be Director on 25 Oct 2010. Ionidea Enterprise Solutions has 6 board changes on record in total.
Yes, Ionidea Enterprise Solutions is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0041200).
Ionidea Enterprise Solutions can be reached through the website ionidea.com. Its registered office is in Bangalore, Karnataka, India.