About Ipanache Private Limited
Data last updated:
Ipanache Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the digital payment solutions segment of the financial services sector. It was incorporated on 18 May 2016.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2016PTC281291. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹90 Lakh and a paid-up capital of ₹50 Lakh. It was led by directors Suraj Ramesh Lalchandani and Bhavana Lalchandani Ramesh.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 02 Kaniya Kutir Garage 2 14 Road Plot 410 Khar (West), Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.41 Lakh. For the same year it recorded a net loss of ₹15.77 Lakh and EBITDA of -₹15.76 Lakh.
The company was associated with 1 brand: CheersOye. The company has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹1.65 Cr; the latest was in June 2017.
The last known website on record is cheersoye.com.
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- Registered Address02 Kaniya Kutir Garage 2 14 Road Plot 410 Khar (West), Mumbai, Maharashtra, India – 400052
- IndustryFinancial Services, Digital Payment 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 Ipanache Private Limited
The main business activity of Ipanache is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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 Ipanache Private Limited FY 2017 filings available
Ipanache Private Limited reported revenue of ₹1.41 Lakh for FY 2017.
Financial Statement Summary of Ipanache Private Limited
| Metrics | FY 2016-17 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | •••• |
| Other Income | •••• |
| Total Revenue | ₹1.41 Lakh |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | -₹15.76 Lakh |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | -₹15.77 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 Ipanache Private Limited
| Metrics | FY 2016-17 |
|---|---|
| Profitability | |
| EBITDA Margin | •••• |
| Net Profit Margin | •••• |
| 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 Ipanache 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.
Auditor Details of Ipanache Private Limited
Ipanache Private Limited is audited by SAHAJWANI NARANG & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SAHAJWANI NARANG & 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 Ipanache Private Limited
Ipanache has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suraj Ramesh Lalchandani Also directs: M66 Exports LLP | Director | 04 May 2017 | 9 Years 5 Months | As last reported |
| Bhavana Lalchandani Ramesh | Director | 18 May 2016 | 10 Years 4 Months | As last reported |
Ownership and Shareholding of Ipanache 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 Ipanache Private Limited
Ipanache Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Ipanache Private Limited
Ipanache Private Limited has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹1.65 Cr; the latest was in June 2017.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2017 | Funding round | ₹65 Lakh | Investors: 4 individuals |
| May 2017 | Funding round | ₹35 Lakh | Investors: 4 individuals |
| Mar 2017 | Rights issue | ₹30,000 | Investors: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Nov 2016 | Funding round | ₹65 Lakh | Investors: 4 individuals |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Ipanache Private Limited
Ipanache operates one associated brand: CheersOye. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a mobile app for gifting personalized experiences to users. | cheersoye.com |
Employees and EPFO Compliance at Ipanache Private Limited
Employment history and EPFO contributions of people linked to Ipanache.
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.
Recent Activity on Ipanache Private Limited
Ipanache Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Suraj Ramesh Lalchandani ceased to be Additional Director on 30 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Ipanache 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 Ipanache 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 Ipanache 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 Ipanache Private Limited
Ipanache has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Ipanache 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 Ipanache Private Limited
Ipanache has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Ipanache was a private limited company based in Mumbai, Maharashtra, India. The company worked in digital payment solutions, within the financial services industry. It was incorporated on 18 May 2016 and is registered under CIN U51909MH2016PTC281291. The company has been struck off by the Registrar of Companies and is no longer operational.
Ipanache had 2 directors:
- Suraj Ramesh Lalchandani - Director
- Bhavana Lalchandani Ramesh - Director
The CIN (Corporate Identification Number) of Ipanache is U51909MH2016PTC281291. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ipanache is at 02 Kaniya Kutir Garage 2 14 Road Plot 410 Khar West, Mumbai, Maharashtra, India – 400052.
Ipanache was incorporated on 18 May 2016. It is registered with the Registrar of Companies, Mumbai.
Ipanache can be reached through the website cheersoye.com. Its registered office is in Mumbai, Maharashtra, India.
Ipanache reported revenue of ₹1.41 Lakh for FY 2017.
Ipanache has an authorised share capital of ₹90 Lakh and a paid-up capital of ₹50 Lakh.
Ipanache reported a net loss of ₹15.77 Lakh and EBITDA of -₹15.76 Lakh for FY 2017, as per its filed financial statements.