Ipnet IT Solutions Private Limited
About Ipnet IT Solutions Private Limited
Data last updated:
Ipnet IT Solutions Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2013PTC072668.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kanchan Gajanan Netalkar and Netalkar Dattatray Gajanan.
Its last annual general meeting (AGM) was held on 03 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Belgaum, Karnataka.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.04 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹96,414 (net margin 16%) and EBITDA of ₹1.23 Lakh (EBITDA margin 20.4%). Revenue has grown at a compounded annual rate (CAGR) of 210% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressNo 132/A Hind Co – Operative Society Guruprasad Building Hindwadi Ward No – 1, 4, Belgaum, Karnataka, India – 590011
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Ipnet IT Solutions Private Limited
The main business activity of Ipnet IT Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Ipnet IT Solutions Private Limited FY 2019 filings available
Ipnet IT Solutions Private Limited reported revenue of ₹6.04 Lakh (up 403% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Ipnet IT Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 210% over three years, including 403% growth in the latest year. EBITDA rose 685% 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 Ipnet IT Solutions Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹6.04 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.23 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹96,414 | •••• | •••• | •••• | •••• |
| 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 Ipnet IT Solutions Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 16% | •••• | •••• | •••• | •••• |
| 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 Ipnet IT Solutions are in the company report.
Financial statements from 2015
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.
Board of Directors of Ipnet IT Solutions Private Limited
Ipnet IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanchan Gajanan Netalkar | Director | 23 Dec 2013 | 12 Years 9 Months | Current |
| Netalkar Dattatray Gajanan | Director | 23 Dec 2013 | 12 Years 9 Months | Current |
Peer Comparison of Ipnet IT Solutions Private Limited
Ipnet IT Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zeropi Tech Solutions Private Limited | ₹6.08 Lakh (FY 2024) | •••• | •••• | 47.0% | •••• | Mundakkal West P O, Kerala, India |
| Aayaam Software Private Limited | ₹6.06 Lakh (FY 2024) | •••• | •••• | -29.0% | •••• | New Delhi, Delhi, India |
| Rimari IT Solutions Private Limited | ₹6.06 Lakh (FY 2025) | •••• | •••• | -66.0% | •••• | Delhi, India |
| Innosmartsemc Solutions Private Limited | ₹6.05 Lakh (FY 2025) | •••• | •••• | 28.0% | •••• | R.C.Puram, Telangana, India |
| Hencom Limited | ₹6.04 Lakh (FY 2024) | •••• | •••• | 1.0% | •••• | Ahmedabad, Gujarat, India |
| Ipnet IT Solutions Private Limited this company | ₹6.04 Lakh (FY 2019) | •••• | •••• | 403.0% | •••• | Belgaum, Karnataka, India |
| Alliance E-Com (India) Private Limited | ₹6.03 Lakh (FY 2025) | •••• | •••• | 51.0% | •••• | New Delhi, Delhi, India |
| Technovative Infosystems Private Limited | ₹6.02 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Chennai, Tamil Nadu, India |
| Synchroserve IT Solutions Private Limited | ₹6.02 Lakh (FY 2024) | •••• | •••• | 260.0% | •••• | Hyderabad, Telangana, India |
| Ascend Consultancy Services Private Limited | ₹6.02 Lakh (FY 2024) | •••• | •••• | -88.0% | •••• | Chennai, Tamil Nadu, India |
| Shunye Prakash Private Limited | ₹6.01 Lakh (FY 2025) | •••• | •••• | 20021.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Ipnet IT Solutions by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ipnet IT Solutions Private Limited
Ipnet IT Solutions Private Limited is audited by S B A ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S B A 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.
Ownership and Shareholding of Ipnet IT Solutions 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 Ipnet IT Solutions Private Limited
Ipnet IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ipnet IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Ipnet IT Solutions.
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 Ipnet IT Solutions Private Limited
Ipnet IT Solutions Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Kanchan Gajanan Netalkar was appointed as Director on 23 Dec 2013.
Credit Ratings, Litigation & Regulatory Alerts for Ipnet IT Solutions 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 Ipnet IT Solutions 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 Ipnet IT Solutions 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 Ipnet IT Solutions Private Limited
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 Ipnet IT Solutions 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 Ipnet IT Solutions Private Limited
Ipnet IT Solutions is an active private limited company based in Belgaum, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 December 2013 (13+ years old) and is registered under CIN U72900KA2013PTC072668.
Ipnet IT Solutions reported revenue of ₹6.04 Lakh for FY 2019 (up 403% YoY).
Ipnet IT Solutions has 2 current directors:
- Kanchan Gajanan Netalkar - Director
- Netalkar Dattatray Gajanan - Director
Ipnet IT Solutions reported a net profit of ₹96,414 (net margin 16%) and EBITDA of ₹1.23 Lakh (EBITDA margin 20.4%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ipnet IT Solutions is 210% over three years. In the latest year (FY 2019) revenue rose 403%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Ipnet IT Solutions is U72900KA2013PTC072668. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ipnet IT Solutions was incorporated on 23 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ipnet IT Solutions by revenue are Zeropi Tech Solutions Private Limited, Aayaam Software Private Limited, Rimari IT Solutions Private Limited, Innosmartsemc Solutions Private Limited, Hencom Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Kanchan Gajanan Netalkar was appointed as Director on 23 Dec 2013. Netalkar Dattatray Gajanan was appointed as Director on 23 Dec 2013.
The registered office of Ipnet IT Solutions is at No 132A Hind Co – Operative Society Guruprasad Building Hindwadi Ward No – 1, 4, Belgaum, Karnataka, India – 590011.
Ipnet IT Solutions has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.