About Iqtek Software Limited
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Iqtek Software Limited is a public limited company based in Navi Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2007PLC172867. Its GSTIN is 27AABCI7604Q1Z4 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7 Lakh. It is led by directors including Sunil Sohanlal Madrecha (Managing Director) and Anju Madrecha.
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 Office No.15 Building No.2 Sector – 3 Millenium Business Park Mahape, Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.5 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹28.28 Lakh (net margin 18.9%) and EBITDA of ₹41.96 Lakh (EBITDA margin 28.1%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 28% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iqtek.co.in.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOffice No.15 Building No.2 Sector – 3 Millenium Business Park Mahape, Navi Mumbai, Maharashtra, India – 400701
- 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 Iqtek Software Limited
The main business activity of Iqtek Software 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 | 62 | 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 Iqtek Software Limited FY 2025 filings available
Iqtek Software Limited reported revenue of ₹1.5 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Iqtek Software Limited
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 2% growth in the latest year. EBITDA fell 5% 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 Iqtek Software 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹41.96 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹28.28 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Iqtek Software Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 18.9% | •••• | •••• | •••• | •••• |
| 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 Iqtek Software 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.
Peer Comparison of Iqtek Software Limited
Iqtek Software Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Erebor Tech Private Limited | •••• | •••• | •••• | •••• | - | Seri Lingampally, Telangana, India |
| Thoughthub Solutions Private Limited | •••• | •••• | •••• | •••• | 16 | Chennai, Tamil Nadu, India |
| Exiliensoft Consulting Services (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Alphabet Technology Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Fisher Technologies Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Iqtek Software Limited this company | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Fundflo Technologies Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Ikas Technologies Private Limited | •••• | •••• | •••• | •••• | - | Siruseri, Tamil Nadu, India |
| Pluribus Networks India Private Limited | •••• | •••• | •••• | •••• | 63 | Bangalore, Karnataka, India |
| Bloomont Solutions Private Limited | •••• | •••• | •••• | •••• | 13 | Bangalore, Karnataka, India |
| Edupoint Solutions Private Limited | •••• | •••• | •••• | •••• | 15 | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Iqtek Software by revenue in the Information Technology industry (Application Development), 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 Iqtek Software Limited
Iqtek Software Limited is audited by KHURDIA JAIN & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KHURDIA JAIN & CO | 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 Iqtek Software Limited
Iqtek Software 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 |
|---|---|---|---|---|
| Sunil Sohanlal Madrecha | Managing Director | 17 Oct 2007 | 18 Years 11 Months | Current |
| Anju Madrecha | Director | 17 Oct 2007 | 18 Years 11 Months | Current |
| Babulal Lalchand Shah | Director | 19 Sep 2008 | 18 Years 0 Months | Current |
Ownership and Shareholding of Iqtek Software 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 Iqtek Software Limited
Iqtek Software Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Iqtek Software Limited
Employment history and EPFO contributions of people linked to Iqtek Software.
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 Iqtek Software Limited
Iqtek Software Limited has 6 board changes on record since 2007: 3 appointments and 3 cessations. The latest: Babulal Lalchand Shah was appointed as Director on 19 Sep 2008.
Credit Ratings, Litigation & Regulatory Alerts for Iqtek Software 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 Iqtek Software 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 Iqtek Software 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 Iqtek Software Limited
Iqtek Software has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI7604Q1Z4 | Maharashtra | Active | 01 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 Iqtek Software 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 Iqtek Software Limited
Iqtek Software is an active public limited company based in Navi Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 August 2007 (19+ years old) and is registered under CIN U72200MH2007PLC172867.
Iqtek Software reported revenue of ₹1.5 Cr for FY 2025 (up 2% YoY).
Iqtek Software has 3 current directors:
- Sunil Sohanlal Madrecha - Managing Director
- Anju Madrecha - Director
- Babulal Lalchand Shah - Director
Iqtek Software reported a net profit of ₹28.28 Lakh (net margin 18.9%) and EBITDA of ₹41.96 Lakh (EBITDA margin 28.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Iqtek Software is 30% over three years and 28% over five years. In the latest year (FY 2025) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Iqtek Software is 27AABCI7604Q1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Iqtek Software is U72200MH2007PLC172867. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iqtek Software was incorporated on 06 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Iqtek Software by revenue are Erebor Tech Private Limited, Thoughthub Solutions Private Limited, Exiliensoft Consulting Services (OPC) Private Limited, Alphabet Technology Private Limited, Fisher Technologies Private Limited and 5 more, all in the Information Technology industry (Application Development).
Babulal Lalchand Shah was appointed as Director on 19 Sep 2008. Surya Prakash Madrecha ceased to be Director on 19 Sep 2008. Anju Madrecha was appointed as Director on 17 Oct 2007. Iqtek Software has 6 board changes on record in total.
Iqtek Software can be reached through the website iqtek.co.in. Its registered office is in Navi Mumbai, Maharashtra, India.