Startup India Government of India
Ionstar India Private Limited
Ionstar India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.33 Cr
▲ 2% YoY
Net profit · FY 2025
₹1.55 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹12.16 Lakh
EBITDA margin 5.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹2 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About Ionstar India Private Limited
Data last updated:
Ionstar India Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U27500KA2019PTC123936. Its GSTIN is 29AAFCI2607B1ZY (Karnataka). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Chandrasekaran Aswin and Ramasamy Muthusamy Chandrasekaran.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.33 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.55 Lakh (net margin 0.7%) and EBITDA of ₹12.16 Lakh (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 28% over five years.
As per MCA filings, the company has open charges of ₹2 Cr on record.
Ionstar India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0008319).
Company details
CIN U27500KA2019PTC123936
Registration Number 123936
Incorporation Date 30 April 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-TN-03-0008319
CIN history
Ionstar India has one previous CIN (Corporate Identification Number): U74999KA2019PTC123936. The current CIN is U27500KA2019PTC123936, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27500KA2019PTC123936 | Current |
| U74999KA2019PTC123936 | Previous |
Key People
Chandrasekaran Aswin Director Ramasamy Muthusamy Chandrasekaran Director Somasundaram Revathi Director Recognitions & Rankings of Ionstar India
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-03-0008319
Contact details
Ionstar India Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo.8 Vk Commerce 3rd Main Kssidc Industrial Estate, 6th Block Rajajinagar, Bangalore, Karnataka, India – 560010
- IndustryInformation Technology, IT Consulting & Support Services
Comprehensive company report
Ionstar India 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 Ionstar India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Ionstar India Private Limited, buy the company report.
Financials of Ionstar India Private Limited
FY 2024 filings availableIonstar India Private Limited reported revenue of ₹2.33 Cr (up 2% YoY) for FY 2025.
Revenue · FY 2025
₹2.33 Cr ▲ 2%
Net profit · FY 2025
₹1.55 Lakh margin 0.7%
EBITDA · FY 2025
₹12.16 Lakh margin 5.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 9%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 488%
3 years · compounded
▲ 42%
5 years · compounded
▲ 66%
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 2% growth in the latest year. EBITDA rose 488% 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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| Total Expenses | |||||
| EBITDA | ₹12.16 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.55 Lakh | ||||
| Balance Sheet | |||||
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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 | 5.2% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Ionstar India Private Limited, buy the company report.
Board of directors of Ionstar India Private Limited
Ionstar India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrasekaran Aswin | Director | 30 Apr 2019 | 7 Years 6 Months | Current |
| Ramasamy Muthusamy Chandrasekaran | Director | 30 Apr 2019 | 7 Years 6 Months | Current |
| Somasundaram Revathi Also directs: Uniboom India Private Limited | Director | 26 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
Ionstar India 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Synaptic Technologies Private Limited | ₹2.33 Cr (FY 2025) | 60.0% | Noida, Uttar Pradesh, India | |||
| Skysa Solution Private Limited | ₹2.33 Cr (FY 2025) | 117.0% | Bareilly, Uttar Pradesh, India | |||
| Akivna Technologies Private Limited | ₹2.33 Cr (FY 2024) | 52.0% | Gurgaon, Haryana, India | |||
| Open Art Project Digital Private Limited | ₹2.33 Cr (FY 2025) | 10.0% | Lucknow, Uttar Pradesh, India | |||
| Techcorp Cloud Private Limited | ₹2.33 Cr (FY 2022) | Mumbai, Maharashtra, India | ||||
| Ionstar India Private Limitedthis company | ₹2.33 Cr (FY 2025) | ₹1.55 Lakh | 0.7% | 2.0% | Bangalore, Karnataka, India | |
| Teleindia Datacenter Private Limited | ₹2.32 Cr (FY 2025) | -33.0% | Bangalore, Karnataka, India | |||
| 303 Security and Allied Solutions Private Limited | ₹2.32 Cr (FY 2025) | 739.0% | Bhubaneswar, Odisha, India | |||
| I-Campusbuddy Private Limited | ₹2.32 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Hybridk8s Private Limited | ₹2.32 Cr (FY 2024) | 60.0% | Delhi, India | |||
| Glitz Technology Private Limited | ₹2.32 Cr (FY 2025) | 61.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Ionstar India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2024 | 100965666 | Indian Overseas Bank | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ionstar India 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
No delayed payments to MSME suppliers are on our record for Ionstar India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ionstar India has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
5
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCI2607B1ZY | Karnataka | Active | 04 Sep 2019 |
| 33AAFCI2607B1Z9 | Tamil Nadu | Active | 18 Nov 2019 |
| 07AAFCI2607B1Z4 | Delhi | Active | 17 Oct 2020 |
| 36AAFCI2607B1Z3 | Telangana | Active | 22 Apr 2024 |
To see the full GST registrations and return filing status of Ionstar India Private Limited, buy the company report.
Recent activity
Ionstar India Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Somasundaram Revathi ceased to be Director on 31 Dec 2025.
Ceased
Somasundaram Revathi ceased to be Director.
AGM
Ionstar India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Indian Overseas Bank amounted to Rs. 200.00 Lakh with Charge ID 100965666 was registered on 24 Jul 2024.
Filing
Ionstar India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Somasundaram Revathi was appointed as Director.
Appointed
Chandrasekaran Aswin was appointed as Director.
Appointed
Ramasamy Muthusamy Chandrasekaran was appointed as Director.
Incorporation
30 Apr 2019
Ionstar India Private Limited was registered on 30 Apr 2019 with Roc Bangalore & aged 7 years 6 months as per MCA records.
Frequently asked questions
Ionstar India is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 30 April 2019 (7+ years old) and is registered under CIN U27500KA2019PTC123936.
Ionstar India has 3 current directors:
- Chandrasekaran Aswin - Director
- Ramasamy Muthusamy Chandrasekaran - Director
- Somasundaram Revathi - Director
The latest financial statements of Ionstar India 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 2020 are in the company report.
The GSTIN of Ionstar India is 29AAFCI2607B1ZY, registered in Karnataka. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 33AAFCI2607B1Z9 (Tamil Nadu), 07AAFCI2607B1Z4 (Delhi), 36AAFCI2607B1Z3 (Telangana).
The CIN (Corporate Identification Number) of Ionstar India is U27500KA2019PTC123936. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ionstar India was incorporated on 30 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ionstar India by revenue are Synaptic Technologies Private Limited, Skysa Solution Private Limited, Akivna Technologies Private Limited, Open Art Project Digital Private Limited, Techcorp Cloud Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Somasundaram Revathi ceased to be Director on 31 Dec 2025. Somasundaram Revathi was appointed as Director on 26 Apr 2022. Chandrasekaran Aswin was appointed as Director on 30 Apr 2019. Ionstar India has 4 board changes on record in total.
Yes, Ionstar India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Ionstar India is registered as a small enterprise under Udyam registration (number: UDYAM-TN-03-0008319).
The registered office of Ionstar India is at No.8 Vk Commerce 3rd Main Kssidc Industrial Estate, 6th Block Rajajinagar, Bangalore, Karnataka, India – 560010.
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