About Iottive Private Limited
Data last updated:
Iottive Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 30 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2016PTC092726. Its GSTIN is 24AAECI1798N1Z2 (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Zalak Rushabh Champaneri and Rushabh Champaneri Vinodray.
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 B – 302 Titenium Square B/H.Sarveshwar Tower Opp:B.M.W.Show Room Thaltej, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.1 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹9.36 Lakh (net margin -4.5%) and EBITDA of -₹4.12 Lakh (EBITDA margin -2%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 31% over five years.
The company is associated with 1 brand: Iottive. As per MCA filings, the company has satisfied charges of ₹5.13 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iottive.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressB – 302 Titenium Square B/H.Sarveshwar Tower Opp:B.M.W.Show Room Thaltej, Ahmedabad, Gujarat, India – 380054
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Iottive Private Limited
The main business activity of Iottive is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Iottive Private Limited FY 2025 filings available
Iottive Private Limited reported revenue of ₹2.1 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Iottive Private Limited
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA fell 129% 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 of Iottive Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹4.12 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9.36 Lakh | •••• | •••• | •••• | •••• |
| 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 of Iottive Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Iottive are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Iottive Private Limited
Iottive Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Entangle Software Private Limited | •••• | •••• | •••• | •••• | - | Biharsharif, Bihar, India |
| Outbox Engineering Solutions Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| HSS Software Technologies Private Limited | •••• | •••• | •••• | •••• | - | Kv Rangareddy, Telangana, India |
| Forceera Private Limited | •••• | •••• | •••• | •••• | 21 | S.A.S.Nagar (Mohali), Punjab, India |
| Ebn Edward Technology Private Limited | •••• | •••• | •••• | •••• | - | Durgapur Mc, West Bengal, India |
| Iottive Private Limited this company | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Brevity Software Solutions Private Limited | •••• | •••• | •••• | •••• | 15 | Rajkot, Gujarat, India |
| Egestalt Technologies Private Limited | •••• | •••• | •••• | •••• | 19 | Bangalore, Karnataka, India |
| Musigmadelta Consultancy (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Karnataka, India |
| Onqanet Technologies Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Global Infocloud Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Iottive by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Iottive Private Limited
Iottive Private Limited is audited by JOY BAXI & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JOY BAXI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Iottive Private Limited
Iottive has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Zalak Rushabh Champaneri | Director | 22 Mar 2022 | 4 Years 6 Months | Current |
| Rushabh Champaneri Vinodray | Director | 30 Jun 2016 | 10 Years 3 Months | Current |
Ownership and Shareholding of Iottive Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Iottive Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Mar 2017 | Others | ₹5.13 Lakh | Satisfied |
Total charge records: 1 View all charges
Associated Brands with Iottive Private Limited
Iottive operates one associated brand: Iottive. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of IoT solutions including application development and device consultations. | iottive.com |
Employees and EPFO Compliance at Iottive Private Limited
Employment history and EPFO contributions of people linked to Iottive.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Iottive Private Limited
Iottive has one previous CIN (Corporate Identification Number): U72900GJ2016OPC092726. The current CIN is U72900GJ2016PTC092726, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900GJ2016PTC092726 | Current |
| U72900GJ2016OPC092726 | Previous |
Recent Activity on Iottive Private Limited
Iottive Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Zalak Rushabh Champaneri ceased to be Additional Director on 30 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Iottive Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Iottive Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Iottive Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Iottive Private Limited
Iottive has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECI1798N1Z2 | Gujarat | Active | 26 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Iottive Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Iottive Private Limited
Iottive is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 30 June 2016 (10+ years old) and is registered under CIN U72900GJ2016PTC092726.
Iottive reported revenue of ₹2.1 Cr for FY 2025 (down 16% YoY).
Iottive has 2 current directors:
- Zalak Rushabh Champaneri - Director
- Rushabh Champaneri Vinodray - Director
Iottive reported a net loss of ₹9.36 Lakh (net margin -4.5%) and EBITDA of -₹4.12 Lakh (EBITDA margin -2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Iottive is 11% over three years and 31% over five years. In the latest year (FY 2025) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Iottive is 24AAECI1798N1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Iottive is U72900GJ2016PTC092726. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iottive was incorporated on 30 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Iottive by revenue are Entangle Software Private Limited, Outbox Engineering Solutions Private Limited, HSS Software Technologies Private Limited, Forceera Private Limited, Ebn Edward Technology Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Zalak Rushabh Champaneri ceased to be Additional Director on 30 Sep 2022. Zalak Rushabh Champaneri was appointed as Director on 22 Mar 2022. Rushabh Champaneri Vinodray was appointed as Director on 30 Jun 2016.
Iottive can be reached through the website iottive.com. Its registered office is in Ahmedabad, Gujarat, India.