MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-20-0014969
Ishan Infotech Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹207.41 Cr
▼ 44% YoY
Net profit · FY 2025
₹8.2 Cr
Net margin 4%
EBITDA · FY 2025
₹17.36 Cr
EBITDA margin 8.4%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.31 Cr
Issued & subscribed
Open charges
₹92.55 Cr
Satisfied ₹8 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
226
Provident fund records
About Ishan Infotech Limited
Data last updated:
Ishan Infotech Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 December 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2000PLC039118. Its GSTIN is 24AAACI8683C1ZN (Gujarat). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.31 Cr. It is led by directors including Pinkesh Narendrabhai Kotecha (Managing Director) and Hitesh Ashokkumar Parekh.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 11 Privilon Iskcon Cross Road Ambli – Bopal Road, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2025, the company reported a revenue of ₹207.41 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹8.2 Cr (net margin 4%) and EBITDA of ₹17.36 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 24% over five years.
The company has about 226 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Ishan Technologies and Ishan. As per MCA filings, the company has open charges of ₹92.55 Cr and satisfied charges of ₹8 Cr on record. Court records list 19 cases involving the company, including 15 filed by the company and 4 filed against it. The company has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹4.73 Cr; the latest was in June 2019.
Ishan Infotech Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0014969). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ishantechnologies.com.
Company details
CIN U72200GJ2000PLC039118
Registration Number 039118
Incorporation Date 27 December 2000
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-20-0014969
Key People
Pinkesh Narendrabhai Kotecha Managing Director Jeet Ketan Marwadi Nominee Director Hitesh Ashokkumar Parekh Director Recognitions & Rankings of Ishan Infotech
Contact details
Ishan Infotech Limited's registered office is in Ahmedabad, Gujarat. Its website is ishantechnologies.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 11 Privilon Iskcon Cross Road Ambli – Bopal Road, Ahmedabad, Gujarat, India – 380054
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Ishan Infotech Limited, buy the company report.
Comprehensive company report
Ishan Infotech Limited - one report that includes everything
- 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
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Brands
Ishan Infotech operates two associated brands: Ishan Technologies and Ishan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers integrated network, system integration, and cybersecurity services for business growth. | ishantechnologies.com | |
| Business internet, email, security and IP services provider | ishanitech.biz |
Business activity
The main business activity of Ishan Infotech is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Ishan Infotech Limited, buy the company report.
Financials of Ishan Infotech Limited
FY 2025 filings availableIshan Infotech Limited reported revenue of ₹207.41 Cr (down 44% YoY) for FY 2025.
Revenue · FY 2025
₹207.41 Cr ▼ 44%
Net profit · FY 2025
₹8.2 Cr margin 4%
EBITDA · FY 2025
₹17.36 Cr margin 8.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 44%
3 years · compounded
▼ 14%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▼ 31%
3 years · compounded
▼ 3%
5 years · compounded
▲ 30%
Revenue fell 44% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA fell 31% 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 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 | ₹207.41 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹17.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.2 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | 4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Ishan Infotech Limited, buy the company report.
Board of directors of Ishan Infotech Limited
Ishan Infotech has 8 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jeet Ketan Marwadi Also directs: 1 Finance P2p Private Limited, 1 Finance Private Limited, Ishan Netsol Private Limited and 5 more | Nominee Director | 10 Aug 2019 | 7 Years 2 Months | Current |
| Hitesh Ashokkumar Parekh Also directs: Amrit Kaal Thinktank Solutions Private Limited | Director | 30 Jan 2025 | 1 Years 8 Months | Current |
| Amish Jitendra Chandarana Also directs: Marwadi Chandarana Enterprise LLP, Optimusprime Securities and Research LLP, Optimusprime Quantitative Research LLP and 5 more | Nominee Director | 10 Aug 2019 | 7 Years 2 Months | Current |
| Mahesh Narendrabhai Kotecha Also directs: Ishan Netsol Private Limited, Ishan Netcom Private Limited, Deivdeep Enterprise Private Limited and 1 more | Director | 27 Dec 2000 | 25 Years 9 Months | Current |
| Nareshkumar Dilawarsinh Jadeja Also directs: Indo Global Education & Research Alliance Foundation | Director | 31 Mar 2023 | 3 Years 6 Months | Current |
| Keyur Kamlesh Jathal | Director | 07 Feb 2012 | 14 Years 8 Months | Current |
Showing 6 of 8 current directors. View all directors
Auditor
Ishan Infotech Limited is audited by KOTAK & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KOTAK & CO. | FY 2023 | 105276W |
Shareholding
The shareholding of Ishan Infotech 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 Ishan Infotech Limited, buy the company report.
Charges & borrowings
Open charges
₹92.55 Cr
Satisfied charges
₹8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2021 | 100416342 | Hdfc Bank Limited | ₹25 Cr | Open | |
| 24 Dec 2019 | 100324899 | Others | ₹30 Cr | Open | |
| 24 Dec 2019 | 100333152 | Axis Bank Limited | ₹12.75 Cr | Open | |
| 03 Sep 2019 | 100292242 | Axis Bank Limited | ₹29.53 Lakh | Open | |
| 03 Jun 2014 | 10505765 | Yes Bank Limited | ₹24.5 Cr | Open |
To see the full charge records of Ishan Infotech Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Ishan Infotech Limited has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹4.73 Cr; the latest was in June 2019.
Total deals
6
Secondary share transfers
3
Funding rounds
2
Rights issue
1
Disclosed funding
₹4.73 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2019 | Funding round | ₹4.65 Cr | Investors: Marwadi Chandarana Enterprise LLP |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2014 | Rights issue | ₹60 Lakh | Investors: 4 individuals |
| Mar 2014 | Funding round | ₹7.9 Lakh | Investors: 4 individuals |
| Nov 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Ishan Infotech Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ishan Infotech Limited has 19 court cases on record: 15 filed by Ishan Infotech, 4 filed against it. All cases are disposed.
Total cases
19
Filed by the company
15
Filed against the company
4
Disposed
19
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 2 | 0 |
| High courts | 3 | 2 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (SCR.A) | Filed against the company by Fablab Engineering India Pvt Ltd | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Iti Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Iti Limited | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against Hexa Geosystems Integrators Pvt. Ltd. and 2 others | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against Fablab Engineering India Pvt. Ltd. and 2 others | Disposed |
To see the full case history of Ishan Infotech Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Ishan Infotech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ishan Infotech Limited has a workforce of 226 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
Employee count
226
Active EPFO establishments
1
Employee growth
3.67%
GST
Ishan Infotech has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACI8683C1ZN | Gujarat | Active | 01 Jul 2017 |
| 24AAACI8683C2ZM | Gujarat | Active | 15 May 2025 |
| 08AAACI8683C1ZH | Rajasthan | Active | 01 Jul 2017 |
| 27AAACI8683C1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ishan Infotech Limited, buy the company report.
Recent activity
Ishan Infotech Limited has 14 board changes on record since 2000: 8 appointments and 6 cessations. The latest: Hitesh Ashokkumar Parekh ceased to be Additional Director on 26 Sep 2025.
AGM
Ishan Infotech Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Ceased
Hitesh Ashokkumar Parekh ceased to be Additional Director.
Filing
Ishan Infotech Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Hitesh Ashokkumar Parekh was appointed as Director.
Charges
A charge with Others of Rs. 30.00 Cr registered on 24 Dec 2019 with Charge ID 100324899 was modified on 06 Jan 2025.
Charges
A charge with Yes Bank Limited of Rs. 24.50 Cr registered on 03 Jun 2014 with Charge ID 10505765 was modified on 07 Nov 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 25.00 Cr registered on 27 Jan 2021 with Charge ID 100416342 was modified on 12 Mar 2024.
Ceased
Nareshkumar Dilawarsinh Jadeja ceased to be Additional Director.
Charges
A charge registered on 31 Mar 2016 via Charge ID 100032688 with Others was fully satisfied on 16 Sep 2023.
Appointed
Nareshkumar Dilawarsinh Jadeja was appointed as Director.
Charges
A charge with Axis Bank Limited of Rs. 12.75 Cr registered on 24 Dec 2019 with Charge ID 100333152 was modified on 13 Feb 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100416342 was registered on 27 Jan 2021.
21 earlier events are in the company report.
News
Frequently asked questions
Ishan Infotech is an active public limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 December 2000 (26+ years old) and is registered under CIN U72200GJ2000PLC039118.
Ishan Infotech has 8 current directors:
- Pinkesh Narendrabhai Kotecha - Managing Director
- Jeet Ketan Marwadi - Nominee Director
- Hitesh Ashokkumar Parekh - Director
- Amish Jitendra Chandarana - Nominee Director
- Mahesh Narendrabhai Kotecha - Director
- Nareshkumar Dilawarsinh Jadeja - Director
- Keyur Kamlesh Jathal - Director
- Purvi Pinkesh Kotecha - Director
The latest financial statements of Ishan Infotech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ishan Infotech is 24AAACI8683C1ZN, registered in Gujarat. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 24AAACI8683C2ZM (Gujarat), 08AAACI8683C1ZH (Rajasthan), 27AAACI8683C1ZH (Maharashtra).
The CIN (Corporate Identification Number) of Ishan Infotech is U72200GJ2000PLC039118. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ishan Infotech has 19 court cases on record: 15 filed by the company and 4 filed against it. Most are in the district courts.
Ishan Infotech was incorporated on 27 December 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ishan Infotech has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹4.73 Cr; the latest was in June 2019.
Hitesh Ashokkumar Parekh ceased to be Additional Director on 26 Sep 2025. Hitesh Ashokkumar Parekh was appointed as Director on 30 Jan 2025. Nareshkumar Dilawarsinh Jadeja ceased to be Additional Director on 29 Sep 2023. Ishan Infotech has 14 board changes on record in total.
Yes, Ishan Infotech is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-20-0014969).