MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0027199
Isoqar (India) Private Limited - travel and hospitality in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹19.77 Cr
▲ 23% YoY
Net profit · FY 2023
₹1.23 Cr
Net margin 6.2%
EBITDA · FY 2023
₹3.61 Cr
EBITDA margin 18.3%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹1.94 Cr
Secured borrowings
Company age
20 yrs
Est. 2006
Employees · EPFO
29
Provident fund records
About Isoqar (India) Private Limited
Data last updated:
Isoqar (India) Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 19 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U93090GJ2006PTC049103. Its GSTIN is 24AABCI5647P1Z5 (Gujarat).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Burgis Jal Bulsara and Nishidh Kizakumbadan.
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 303 Matrix Near Vodafone House Corporate Road S.G.Highway, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2023, the company reported a revenue of ₹19.77 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹1.23 Cr (net margin 6.2%) and EBITDA of ₹3.61 Cr (EBITDA margin 18.3%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 25% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Isoqar. As per MCA filings, the company has open charges of ₹1.94 Cr on record.
Isoqar (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0027199). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website isoqarindia.com.
Company details
CIN U93090GJ2006PTC049103
Registration Number 049103
Incorporation Date 19 September 2006
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0027199
Key People
Burgis Jal Bulsara Director Nishidh Kizakumbadan Director Shivprakash Ghanshyam Bhutra Director Recognitions & Rankings of Isoqar (India)
Contact details
Isoqar (India) Private Limited's registered office is in Ahmedabad, Gujarat. Its website is isoqarindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address303 Matrix Near Vodafone House Corporate Road S.G.Highway, Ahmedabad, Gujarat, India – 380054
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Isoqar (India) Private Limited, buy the company report.
Comprehensive company report
Isoqar (India) Private 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Isoqar (India) operates one associated brand: ISOQAR. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Certification and auditing services for ISO standards and compliance. | isoqarindia.com |
Financials of Isoqar (India) Private Limited
FY 2025 filings availableIsoqar (India) Private Limited reported revenue of ₹19.77 Cr (up 23% YoY) for FY 2023.
Revenue · FY 2023
₹19.77 Cr ▲ 23%
Net profit · FY 2023
₹1.23 Cr margin 6.2%
EBITDA · FY 2023
₹3.61 Cr margin 18.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 28%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 19%
5 years · compounded
▲ 70%
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 23% growth in the latest year. EBITDA rose 47% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹19.77 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.23 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.3% | ||||
| Net Profit Margin | 6.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Isoqar (India) Private Limited, buy the company report.
Board of directors of Isoqar (India) Private Limited
Isoqar (India) has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Burgis Jal Bulsara Also directs: Avesta Solar Private Limited, Spenta Aid Foundation | Director | 19 Sep 2006 | 20 Years 1 Months | Current |
| Nishidh Kizakumbadan | Director | 19 Sep 2006 | 20 Years 1 Months | Current |
| Shivprakash Ghanshyam Bhutra | Director | 19 Sep 2006 | 20 Years 1 Months | Current |
| Suhas Shriram Risbood | Director | 19 Sep 2006 | 20 Years 1 Months | Current |
Auditor
Isoqar (India) Private Limited is audited by PUSHPENDRA B SHAH AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PUSHPENDRA B SHAH AND ASSOCIATES | FY 2023 | 118847W |
Shareholding
The shareholding of Isoqar (India) Private 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 Isoqar (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.94 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jan 2025 | 101038112 | Others | ₹49 Lakh | Open | |
| 20 Aug 2019 | 100286797 | Axis Bank Limited | ₹59 Lakh | Open | |
| 31 Mar 2011 | 10277655 | Others | ₹86 Lakh | Open |
To see the full charge records of Isoqar (India) Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Isoqar (India) 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 Isoqar (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Isoqar (India) Private Limited has a workforce of 29 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
29
Active EPFO establishments
1
Employee growth
-3.33%
GST
Isoqar (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCI5647P1Z5 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Isoqar (India) Private Limited, buy the company report.
Recent activity
Isoqar (India) Private Limited has 4 board changes on record since 2006: 4 appointments. The latest: Burgis Jal Bulsara was appointed as Director on 19 Sep 2006.
AGM
Isoqar (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Isoqar (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 0.49 Cr with Charge ID 101038112 was registered on 16 Jan 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.59 Cr with Charge ID 100286797 was registered on 20 Aug 2019.
Charges
A charge with Others of Rs. 0.86 Cr registered on 31 Mar 2011 with Charge ID 10277655 was modified on 05 Nov 2016.
Charges
A charge with Others amounted to Rs. 0.86 Cr with Charge ID 10277655 was registered on 31 Mar 2011.
Appointed
Burgis Jal Bulsara was appointed as Director.
Appointed
Nishidh Kizakumbadan was appointed as Director.
Appointed
Shivprakash Ghanshyam Bhutra was appointed as Director.
Appointed
Suhas Shriram Risbood was appointed as Director.
Incorporation
19 Sep 2006
Isoqar (India) Private Limited was registered on 19 Sep 2006 with Roc Ahmedabad & aged 20 years 1 month as per MCA records.
Frequently asked questions
Isoqar (India) is an active private limited company based in Ahmedabad, Gujarat, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 19 September 2006 (20+ years old) and is registered under CIN U93090GJ2006PTC049103.
Isoqar (India) has 4 current directors:
- Burgis Jal Bulsara - Director
- Nishidh Kizakumbadan - Director
- Shivprakash Ghanshyam Bhutra - Director
- Suhas Shriram Risbood - Director
The latest financial statements of Isoqar (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Isoqar (India) is 24AABCI5647P1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Isoqar (India) is U93090GJ2006PTC049103. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Isoqar (India) was incorporated on 19 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Burgis Jal Bulsara was appointed as Director on 19 Sep 2006. Nishidh Kizakumbadan was appointed as Director on 19 Sep 2006. Shivprakash Ghanshyam Bhutra was appointed as Director on 19 Sep 2006. Isoqar (India) has 4 board changes on record in total.
Yes, Isoqar (India) is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0027199).
Isoqar (India) can be reached through the website isoqarindia.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Isoqar (India) is at 303 Matrix Near Vodafone House Corporate Road S.G.Highway, Ahmedabad, Gujarat, India – 380054.