About Iserve Solutions & Services Private Limited
Data last updated:
Iserve Solutions & Services Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 28 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U72200WB2006PTC112277. Its GSTIN is 19AABCI6158F1ZH (West Bengal). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹77.15 Lakh. It is led by directors Sradha Rathi (Managing Director) and Khushi Rathi.
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 1 R N Mukherjee Road Martin Burn Building Mezzanine Floor Room No. 16, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹70.07 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.81 Cr (net margin 2.6%) and EBITDA of ₹3.62 Cr (EBITDA margin 5.2%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 13% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹34.85 Cr and satisfied charges of ₹73.2 Cr on record. Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it; 3 cases are pending. The company has 18 deals on record (12 secondary share transfers, 6 funding rounds), with disclosed funding of ₹6.38 Cr; the latest was in March 2023. Its 10 peer companies in the Information Technology industry (IT Products Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Emerging Techno Kart Private Limited with revenue of ₹71.1 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2021, listing 65 overdue payments to 11 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iserveindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1 R N Mukherjee Road Martin Burn Building Mezzanine Floor Room No. 16, Kolkata, West Bengal, India – 700001
- IndustryInformation Technology, IT Products Retail & Distribution
- 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 Iserve Solutions & Services Private Limited
The main business activity of Iserve Solutions & Services is information and communication. In detail, this covers computer programming, consultancy and related activities and other information & communication service activities. 2 activity segments are registered with the MCA.
| 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 |
| J | Information and communication | J8 | Other information & communication service 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 Iserve Solutions & Services Private Limited FY 2024 filings available
Iserve Solutions & Services Private Limited reported revenue of ₹70.07 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Iserve Solutions & Services Private Limited
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 13%. EBITDA rose 43% 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 Iserve Solutions & Services Private 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.62 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.81 Cr | •••• | •••• | •••• | •••• |
| 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 Iserve Solutions & Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.6% | •••• | •••• | •••• | •••• |
| 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 Iserve Solutions & Services 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 Iserve Solutions & Services Private Limited
Iserve Solutions & Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Emerging Techno Kart Private Limited | ₹71.1 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Hyderabad, Telangana, India |
| Microart Systems (India) Private Limited | ₹70.89 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Rectifier House (India) Private Limited | ₹70.63 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Vasai East, Maharashtra, India |
| Secutech Automation (India) Private Limited | ₹70.47 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
| Shiyuan India Private Limited | ₹70.34 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Noida, Uttar Pradesh, India |
| Iserve Solutions & Services Private Limited this company | ₹70.07 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Aditya Peripherals Private Limited | ₹69.75 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Kolhapur, Maharashtra, India |
| Hue Service Private Limited | ₹69.52 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Kolkata, West Bengal, India |
| Geonet IT Mall Private Limited | ₹69.42 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Navi Mumbai, Maharashtra, India |
| Graphline Computers Private Limited | ₹68.76 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Sigma I.T. Super Store Private Limited | ₹68.57 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Iserve Solutions & Services by revenue in the Information Technology industry (IT Products Retail and Distribution), 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 Iserve Solutions & Services Private Limited
Iserve Solutions & Services Private Limited is audited by GOLCHHA DAGA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GOLCHHA DAGA & 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 Iserve Solutions & Services Private Limited
Iserve Solutions & Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sradha Rathi | Managing Director | 01 Apr 2009 | 17 Years 6 Months | Current |
| Khushi Rathi | Additional Director | 01 Apr 2025 | 1 Years 6 Months | Current |
Ownership and Shareholding of Iserve Solutions & Services 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 Iserve Solutions & Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Oct 2022 | Hdfc Bank Limited | ₹84.6 Lakh | Open |
| 03 Mar 2020 | Others | ₹34 Cr | Open |
| 21 Mar 2024 | Indian Overseas Bank | ₹5.5 Cr | Satisfied |
| 20 Apr 2017 | Standard Chartered Bank | ₹11 Cr | Satisfied |
| 23 Feb 2016 | Others | ₹38 Cr | Satisfied |
Total charge records: 8 View all charges
Deals & Funding of Iserve Solutions & Services Private Limited
Iserve Solutions & Services Private Limited has 18 deals on record (12 secondary share transfers, 6 funding rounds), with disclosed funding of ₹6.38 Cr; the latest was in March 2023.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Manoj Rathi HUF, 3 individuals Seller: 2 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Shree Balaji Commotrade Private Limited , an individual Seller: 2 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Shree Balaji Commotrade Private Limited Seller: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Diamond Infotech Private Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Alternative Dealers Private Limited |
Full deal history
All 18 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.
Legal Cases of Iserve Solutions & Services Private Limited
Iserve Solutions & Services Private Limited has 10 court cases on record: 8 filed by Iserve Solutions & Services, 2 filed against it. 3 cases are pending and 7 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 2 | 3 |
| High courts | 3 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Iris Global Services Private Limited | Disposed |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Iris Computers Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
Full case history
All 10 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Iserve Solutions & Services Private Limited
Iserve Solutions & Services Private Limited has 4 MSME Form 1 returns on record between 2019 and 2021, listing 65 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Computech Solution | •••• | •••• | •••• |
| Vivek Traders LLP | •••• | •••• | •••• |
| Diamond Infotech Private Limited | •••• | •••• | •••• |
| Iris Global Services Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Iserve Solutions & Services Private Limited
Iserve Solutions & Services Private Limited has a workforce of 12 employees as of Apr 06, 2024.
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 Iserve Solutions & Services Private Limited
Iserve Solutions & Services Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Khushi Rathi was appointed as Additional Director on 01 Apr 2025.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Iserve Solutions & Services 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.
Subsidiaries & Group Companies of Iserve Solutions & Services 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 Iserve Solutions & Services Private Limited
Iserve Solutions & Services has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCI6158F1ZH | West Bengal | Active | 01 Jul 2017 |
| 10AABCI6158F1ZZ | Bihar | Active | 21 Jul 2023 |
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 Iserve Solutions & Services 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 Iserve Solutions & Services Private Limited
Iserve Solutions & Services is an active private limited company based in Kolkata, West Bengal, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 28 December 2006 (20+ years old) and is registered under CIN U72200WB2006PTC112277.
Iserve Solutions & Services reported revenue of ₹70.07 Cr for FY 2025 (up 2% YoY).
Iserve Solutions & Services has 2 current directors:
- Sradha Rathi - Managing Director
- Khushi Rathi - Additional Director
Iserve Solutions & Services reported a net profit of ₹1.81 Cr (net margin 2.6%) and EBITDA of ₹3.62 Cr (EBITDA margin 5.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Iserve Solutions & Services is 12% over three years and -13% 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 Iserve Solutions & Services is 19AABCI6158F1ZH, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 10AABCI6158F1ZZ (Bihar).
The CIN (Corporate Identification Number) of Iserve Solutions & Services is U72200WB2006PTC112277. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iserve Solutions & Services has 10 court cases on record: 8 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Iserve Solutions & Services was incorporated on 28 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Kolkata.
Iserve Solutions & Services has 18 deals on record (12 secondary share transfers, 6 funding rounds), with disclosed funding of ₹6.38 Cr; the latest was in March 2023.
The peers of Iserve Solutions & Services by revenue are Emerging Techno Kart Private Limited, Microart Systems (India) Private Limited, Rectifier House (India) Private Limited, Secutech Automation (India) Private Limited, Shiyuan India Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Khushi Rathi was appointed as Additional Director on 01 Apr 2025. Manoj Rathi ceased to be Additional Director on 30 Nov 2021. Rajesh Agarwal ceased to be Whole-Time Director on 01 Mar 2021. Iserve Solutions & Services has 6 board changes on record in total.