MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0104005
Ionware Technologies Private Limited
Ionware Technologies Private Limited - information technology in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
Revenue · FY 2024
₹1.51 Cr
▼ 72% YoY
Net loss · FY 2024
₹18.4 Lakh
Net margin -12.2%
EBITDA · FY 2024
₹19.28 Lakh
EBITDA margin 12.8%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Ionware Technologies Private Limited
Data last updated:
Ionware Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2021PTC146219. Its GSTIN is 33AAGCI3109R1ZC (Tamil Nadu).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nikhil Swarup Chari (Managing Director) and Sandesh Kodavaluru.
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 1105 C/11th Floor(142) Crest Towers Velachery Main Road Velachery, Chennai, Tamil Nadu, India – 600042.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.51 Cr, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹18.4 Lakh (net margin -12.2%) and EBITDA of ₹19.28 Lakh (EBITDA margin 12.8%).
Ionware Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0104005).
Company details
CIN U72900TN2021PTC146219
Registration Number 146219
Incorporation Date 15 September 2021
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-TN-02-0104005
Recognitions & Rankings of Ionware Technologies
Contact details
Ionware Technologies Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressNo 1105 C/11th Floor(142) Crest Towers Velachery Main Road Velachery, Chennai, Tamil Nadu, India – 600042
- IndustryInformation Technology, Application Development & Software Solutions
Comprehensive company report
Ionware Technologies 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Ionware Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Ionware Technologies Private Limited, buy the company report.
Financials of Ionware Technologies Private Limited
FY 2024 filings availableIonware Technologies Private Limited reported revenue of ₹1.51 Cr (down 72% YoY) for FY 2024.
Revenue · FY 2024
₹1.51 Cr ▼ 72%
Net loss · FY 2024
₹18.4 Lakh margin -12.2%
EBITDA · FY 2024
₹19.28 Lakh margin 12.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 72%
EBITDA CAGR growth
1 year
▼ 70%
Revenue fell 72% in the latest year. EBITDA fell 70% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Total Expenses | |||
| EBITDA | ₹19.28 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹18.4 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 12.8% | ||
| Net Profit Margin | -12.2% | ||
| Return on Equity (ROE) | |||
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| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Ionware Technologies Private Limited, buy the company report.
Board of directors of Ionware Technologies Private Limited
Ionware Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Swarup Chari Also directs: Ionware Infra Services Private Limited, Enmas Green Private Limited, Insko Projects Private Limited and 1 more | Managing Director | 15 Sep 2021 | 5 Years 1 Months | Current |
| Sandesh Kodavaluru Also directs: Collaborative Restaurants LLP, M and T Foods LLP, Donedeal Foods and Services LLP and 5 more | Director | 15 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Ionware Technologies Private Limited is compared with the 5 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nische Alchem (OPC) Private Limited | ₹1.51 Cr (FY 2025) | 51.0% | Pune, Maharashtra, India | |||
| Rupdep Projects Consultants Private Limited | ₹1.51 Cr (FY 2024) | 59.0% | Chennai, Tamil Nadu, India | |||
| Ionware Technologies Private Limitedthis company | ₹1.51 Cr (FY 2024) | -₹18.4 Lakh | -12.2% | -72.0% | Chennai, Tamil Nadu, India | |
| Iotic Solutions Private Limited | ₹1.51 Cr (FY 2025) | 315.0% | Aurangabad, Maharashtra, India | |||
| Winnwin Leadership Academy Private Limited | ₹1.51 Cr (FY 2025) | 67.0% | Bangalore, Karnataka, India | |||
| BVM Outsourcing Services Private Limited | ₹1.51 Cr (FY 2025) | 17.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Ionware Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ionware Technologies 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 Ionware Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ionware Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCI3109R1ZC | Tamil Nadu | Active | 08 Oct 2021 |
To see the full GST registrations and return filing status of Ionware Technologies Private Limited, buy the company report.
Recent activity
Ionware Technologies Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Nikhil Swarup Chari was appointed as Managing Director on 15 Sep 2021.
AGM
Ionware Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ionware Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Appointed
Nikhil Swarup Chari was appointed as Managing Director.
Appointed
Sandesh Kodavaluru was appointed as Director.
Incorporation
15 Sep 2021
Ionware Technologies Private Limited was registered on 15 Sep 2021 with Roc Chennai & aged 5 years 1 month as per MCA records.
Frequently asked questions
Ionware Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 15 September 2021 (5+ years old) and is registered under CIN U72900TN2021PTC146219.
Ionware Technologies has 2 current directors:
- Nikhil Swarup Chari - Managing Director
- Sandesh Kodavaluru - Director
The latest financial statements of Ionware Technologies 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 2022 are in the company report.
The GSTIN of Ionware Technologies is 33AAGCI3109R1ZC, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Ionware Technologies is U72900TN2021PTC146219. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ionware Technologies was incorporated on 15 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Ionware Technologies by revenue are Nische Alchem (OPC) Private Limited, Rupdep Projects Consultants Private Limited, Iotic Solutions Private Limited, Winnwin Leadership Academy Private Limited, BVM Outsourcing Services Private Limited, all in the same principal business activity (other professional, scientific and technical activities).
Nikhil Swarup Chari was appointed as Managing Director on 15 Sep 2021. Sandesh Kodavaluru was appointed as Director on 15 Sep 2021.
Yes, Ionware Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0104005).
The registered office of Ionware Technologies is at No 1105 C11th Floor142 Crest Towers Velachery Main Road Velachery, Chennai, Tamil Nadu, India – 600042.
Ionware Technologies operates in the information technology industry, in the application development and software solutions segment.