- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0053906

About Ipms Placements Private Limited
Data last updated:
Ipms Placements Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 08 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74910GJ2010PTC059792. Its GSTIN is 24AACCI2566C1ZZ (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Punam Rajendrakumar Dholakiya and Fenil Shirishkumar Shah.
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 B – 1202 Darshanam Splendora Nr. Akshar Pavillion Bhayli, Vadodara, Gujarat, India – 391410.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.41 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹10.72 Lakh (net margin -35.3%) and EBITDA of -₹8.02 Lakh (EBITDA margin -26.4%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 17% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹18 Lakh on record.
Ipms Placements Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0053906). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovativeplacement.com.
Company details
Recognitions & Rankings of Ipms Placements
Contact details
Ipms Placements Private Limited's registered office is in Vadodara, Gujarat. Its website is innovativeplacement.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 1202 Darshanam Splendora Nr. Akshar Pavillion Bhayli, Vadodara, Gujarat, India – 391410
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Ipms Placements Private Limited, buy the company report.
- 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
Business activity
The main business activity of Ipms Placements is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Ipms Placements Private Limited, buy the company report.
Financials of Ipms Placements Private Limited
FY 2024 filings availableIpms Placements Private Limited reported revenue of ₹30.41 Lakh (down 38% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 38% fall in the latest year. EBITDA fell 178% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹8.02 Lakh | ||||
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| Net Profit (PAT) | -₹10.72 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -26.4% | ||||
| Net Profit Margin | -35.3% | ||||
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To see the full financial statements and ratios of Ipms Placements Private Limited, buy the company report.
Board of directors of Ipms Placements Private Limited
Ipms Placements has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Punam Rajendrakumar Dholakiya | Director | 25 Oct 2019 | 7 Years 0 Months | Current |
| Fenil Shirishkumar Shah Also directs: Authentic Encon Private Limited | Director | 17 Aug 2022 | 4 Years 2 Months | Current |
| Chintan Rajendrakumar Dholakiya | Director | 08 Mar 2010 | 16 Years 7 Months | Current |
Auditor
Ipms Placements Private Limited is audited by Parth Patel & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Parth Patel & Co. | FY 2023 | 133962W |
Shareholding
The shareholding of Ipms Placements Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ipms Placements Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 May 2014 | 10489920 | Shree Complex, Shrenik Park Cross Road, | ₹18 Lakh | Satisfied |
To see the full charge records of Ipms Placements Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ipms Placements 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 Ipms Placements Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ipms Placements Private Limited has a workforce of 5 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Ipms Placements has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCI2566C1ZZ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ipms Placements Private Limited, buy the company report.
Recent activity
Ipms Placements Private Limited has 6 board changes on record since 2010: 3 appointments and 3 cessations. The latest: Fenil Shirishkumar Shah ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Ipms Placements is an active private limited company based in Vadodara, Gujarat, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 08 March 2010 (16+ years old) and is registered under CIN U74910GJ2010PTC059792.
Ipms Placements has 3 current directors:
- Punam Rajendrakumar Dholakiya - Director
- Fenil Shirishkumar Shah - Director
- Chintan Rajendrakumar Dholakiya - Director
The latest financial statements of Ipms Placements 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 2015 are in the company report.
The GSTIN of Ipms Placements is 24AACCI2566C1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Ipms Placements is U74910GJ2010PTC059792. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ipms Placements was incorporated on 08 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Fenil Shirishkumar Shah ceased to be Additional Director on 30 Sep 2022. Fenil Shirishkumar Shah was appointed as Director on 17 Aug 2022. Punam Rajendrakumar Dholakiya ceased to be Additional Director on 28 Dec 2020. Ipms Placements has 6 board changes on record in total.
Yes, Ipms Placements is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0053906).
Ipms Placements can be reached through the website innovativeplacement.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Ipms Placements is at B – 1202 Darshanam Splendora Nr. Akshar Pavillion Bhayli, Vadodara, Gujarat, India – 391410.

