About Iragecapital Advisory Private Limited
Data last updated:
Iragecapital Advisory Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Software Conglomerate Private Limited. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 15 January 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74909MH2010PTC198949. Its GSTIN is 27AACCI2178N1Z6 (Maharashtra).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors including Rajib Ranjan Borah and Gaurav Raizada.
Its last annual general meeting (AGM) was held on 28 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at A – 309 Boomerang Chandivali Farm Road Andheri (East), Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2023, the company reported a revenue of ₹70,098, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹2.89 Lakh (net margin -412.2%) and EBITDA of -₹2.12 Lakh (EBITDA margin -302.2%). Revenue has declined at a compounded annual rate (CAGR) of 76% over three years and 76% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: iRageCapital.
The last known website on record is iragecapital.com.
Company details
CIN history
Iragecapital Advisory has one previous CIN (Corporate Identification Number): U65999MH2010PTC198949. The current CIN is U74909MH2010PTC198949, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74909MH2010PTC198949 | Current |
| U65999MH2010PTC198949 | Previous |
Contact details
Iragecapital Advisory Private Limited's registered office is in Mumbai, Maharashtra. Its website is iragecapital.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 309 Boomerang Chandivali Farm Road Andheri (East), Mumbai, Maharashtra, India – 400072
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Iragecapital Advisory 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
Brands
Iragecapital Advisory operates one associated brand: iRageCapital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Stock broking and investor services in financial markets. | iragecapital.com |
Business activity
The main business activity of Iragecapital Advisory is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Iragecapital Advisory Private Limited, buy the company report.
Financials of Iragecapital Advisory Private Limited
FY 2023 filings availableIragecapital Advisory Private Limited reported revenue of ₹70,098 (down 79% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 76% over five years, including a 79% fall in the latest year. EBITDA rose 23% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹2.12 Lakh | ||||
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| Net Profit (PAT) | -₹2.89 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -302.2% | ||||
| Net Profit Margin | -412.2% | ||||
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To see the full financial statements and ratios of Iragecapital Advisory Private Limited, buy the company report.
Board of directors of Iragecapital Advisory Private Limited
Iragecapital Advisory has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajib Ranjan Borah Also directs: Irage Broking Services LLP, Irage Research & Analytics LLP, Irage Investment Management LLP and 1 more | Director | 15 Jan 2010 | 16 Years 9 Months | As last reported |
| Gaurav Raizada Also directs: Irage Broking Services LLP, Irage Mastertrust Investment Managers LLP, Irage Technologies LLP and 3 more | Director | 15 Jan 2010 | 16 Years 9 Months | As last reported |
| Binay Bajaj Also directs: BV Advisory Services LLP, Vikat Advisory Services LLP, Vrajraj Consultancy LLP and 5 more | Additional Director | 02 Jan 2024 | 2 Years 10 Months | As last reported |
Auditor
Iragecapital Advisory Private Limited is audited by K C P L & ASSOCIATES LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K C P L & ASSOCIATES LLP | FY 2020 | 119223W |
Shareholding
The shareholding of Iragecapital Advisory Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Iragecapital Advisory Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Iragecapital Advisory 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 Iragecapital Advisory Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Iragecapital Advisory has 1 subsidiary company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Quantinsti Quantitative Learning Private Limited | U80904MH2012PTC236325 |
To see the full group structure of Iragecapital Advisory Private Limited, buy the company report.
GST
Iragecapital Advisory has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI2178N1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iragecapital Advisory Private Limited, buy the company report.
Recent activity
Iragecapital Advisory Private Limited has 7 board changes on record since 2010: 3 appointments and 4 cessations. The latest: Binay Bajaj was appointed as Additional Director on 02 Jan 2024.
Frequently asked questions
Iragecapital Advisory has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Iragecapital Advisory was a private limited company based in Mumbai, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 15 January 2010 and is registered under CIN U74909MH2010PTC198949. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Iragecapital Advisory is U74909MH2010PTC198949. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iragecapital Advisory had 3 directors:
- Rajib Ranjan Borah - Director
- Gaurav Raizada - Director
- Binay Bajaj - Additional Director
Iragecapital Advisory was incorporated on 15 January 2010. It is registered with the Registrar of Companies, Mumbai.
Iragecapital Advisory can be reached through the website iragecapital.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Iragecapital Advisory is at A – 309 Boomerang Chandivali Farm Road Andheri East, Mumbai, Maharashtra, India – 400072.
The latest financial statements of Iragecapital Advisory on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 28 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Iragecapital Advisory is 27AACCI2178N1Z6, registered in Maharashtra.
Iragecapital Advisory operated in the information technology industry, in the IT consulting and support services segment.
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