Istonish Systems Private Limited
About Istonish Systems Private Limited
Data last updated:
Istonish Systems Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 15 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72900OR2017PTC026721. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Meeli Mohapatra and Ashok Dash.
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 Plot No 96 Banadurga Road Ganga Nagar Unit – 6, Bhubaneswar, Odisha, India – 751001.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.47 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹25,988 (net margin -3.1%) and EBITDA of -₹17,792 (EBITDA margin -2.1%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot No 96 Banadurga Road Ganga Nagar Unit – 6, Bhubaneswar, Odisha, India – 751001
- IndustryInformation Technology, Other Computer Related Activities
- 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 Istonish Systems Private Limited
The main business activity of Istonish Systems is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Istonish Systems Private Limited FY 2025 filings available
Istonish Systems Private Limited reported revenue of ₹8.47 Lakh (down 53% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Istonish Systems Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 53% fall in the latest year. EBITDA rose 46% 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 Istonish Systems 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 | -₹17,792 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹25,988 | •••• | •••• | •••• | •••• |
| 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 Istonish Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.1% | •••• | •••• | •••• | •••• |
| 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 Istonish Systems are in the company report.
Financial statements from FY 2017
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.
Board of Directors of Istonish Systems Private Limited
Istonish Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meeli Mohapatra | Director | 15 Mar 2017 | 9 Years 7 Months | Current |
| Ashok Dash | Director | 15 Mar 2017 | 9 Years 7 Months | Current |
Peer Comparison of Istonish Systems Private Limited
Istonish Systems Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ilaps Software Solutions Private Limited | ₹8.51 Lakh (FY 2018) | •••• | •••• | -96.0% | •••• | Hyderabad, Telangana, India |
| 2Xsmart Solutions Private Limited | ₹8.51 Lakh (FY 2025) | •••• | •••• | -71.0% | •••• | Chennai, Tamil Nadu, India |
| Dari Informatics Services Private Limited | ₹8.51 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | Burdwan, West Bengal, India |
| Nedo Software Private Limited | ₹8.5 Lakh (FY 2018) | •••• | •••• | -43.0% | •••• | Bangalore, Karnataka, India |
| Larch Technologies Private Limited | ₹8.48 Lakh (FY 2022) | •••• | •••• | 40.0% | •••• | Chennai, Tamil Nadu, India |
| Istonish Systems Private Limited this company | ₹8.47 Lakh (FY 2025) | •••• | •••• | -53.0% | •••• | Bhubaneswar, Odisha, India |
| Gurukul Technologies Private Limited. (TRS. Co. Ffrom Up) | ₹8.47 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | New Delhi, Delhi, India |
| Portland Technologies Private Limited | ₹8.46 Lakh (FY 2022) | •••• | •••• | -39.0% | •••• | Hyderabad, Telangana, India |
| Thrivingzen Private Limited | ₹8.46 Lakh (FY 2025) | •••• | •••• | 826.0% | •••• | Hyderabad, Telangana, India |
| Hafisoft Technologies Private Limited | ₹8.45 Lakh (FY 2022) | •••• | •••• | -41.0% | •••• | Kanayannur, Kerala, India |
| SPRK IT Skill Private Limited | ₹8.44 Lakh (FY 2018) | •••• | •••• | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Istonish Systems by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Istonish Systems 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 Istonish Systems Private Limited
Istonish Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Istonish Systems Private Limited
Employment history and EPFO contributions of people linked to Istonish Systems.
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 Istonish Systems Private Limited
Istonish Systems Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Ashok Dash was appointed as Director on 15 Mar 2017.
Credit Ratings, Litigation & Regulatory Alerts for Istonish Systems 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.
MSME Payment Delays by Istonish Systems Private 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 Istonish Systems 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 Istonish Systems Private Limited
Istonish Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Istonish Systems 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 Istonish Systems Private Limited
Istonish Systems is an active private limited company based in Bhubaneswar, Odisha, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 15 March 2017 (9+ years old) and is registered under CIN U72900OR2017PTC026721.
Istonish Systems reported revenue of ₹8.47 Lakh for FY 2025 (down 53% YoY).
Istonish Systems has 2 current directors:
- Meeli Mohapatra - Director
- Ashok Dash - Director
Istonish Systems reported a net loss of ₹25,988 (net margin -3.1%) and EBITDA of -₹17,792 (EBITDA margin -2.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Istonish Systems is 1% over three years and -4% over five years. In the latest year (FY 2025) revenue fell 53%. CAGR is the steady yearly rate that links the first and the last year.
No. Istonish Systems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Istonish Systems is U72900OR2017PTC026721. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Istonish Systems was incorporated on 15 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Istonish Systems by revenue are Ilaps Software Solutions Private Limited, 2Xsmart Solutions Private Limited, Dari Informatics Services Private Limited, Nedo Software Private Limited, Larch Technologies Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Ashok Dash was appointed as Director on 15 Mar 2017. Meeli Mohapatra was appointed as Director on 15 Mar 2017.
The registered office of Istonish Systems is at Plot No 96 Banadurga Road Ganga Nagar Unit – 6, Bhubaneswar, Odisha, India – 751001.