MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-08-0006918
ITES Horizon Private Limited - information technology in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.45 Cr
▼ 85% YoY
Net loss · FY 2024
₹1.72 Cr
Net margin -70.1%
EBITDA · FY 2024
-₹1.18 Cr
EBITDA margin -48.2%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.31 Cr
Satisfied ₹2.1 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
10
Provident fund records
About ITES Horizon Private Limited
Data last updated:
ITES Horizon Private Limited is a private limited company based in Delhi, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 November 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL1999PTC102389. Its GSTIN is 07AAACI9786L2ZT (Delhi). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ravinder Singh and Robab Khan.
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 Flat No – 08 F/Floor Right Side Property No B9/7 Kh.No – 347/58 Goyal Apartment Village Sai, Dulajab, Delhi, India – 110068.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.45 Cr, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹1.72 Cr (net margin -70.1%) and EBITDA of -₹1.18 Cr (EBITDA margin -48.2%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 20% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.31 Cr and satisfied charges of ₹2.1 Cr on record. Court records list 13 cases involving the company, including 13 filed against it; 3 cases are pending.
ITES Horizon Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0006918). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iteshorizon.com.
Company details
CIN U72200DL1999PTC102389
Registration Number 102389
Incorporation Date 11 November 1999
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-08-0006918
Key People
Ravinder Singh Director Robab Khan Director Recognitions & Rankings of ITES Horizon
Contact details
ITES Horizon Private Limited's registered office is in Delhi. Its website is iteshorizon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No – 08 F/Floor Right Side Property No B9/7 Kh.No – 347/58 Goyal Apartment Village Sai, Dulajab, Delhi, India – 110068
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of ITES Horizon Private Limited, buy the company report.
Comprehensive company report
ITES Horizon 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
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Business activity
The main business activity of ITES Horizon is trade. In detail, this covers wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of ITES Horizon Private Limited, buy the company report.
Financials of ITES Horizon Private Limited
FY 2024 filings availableITES Horizon Private Limited reported revenue of ₹2.45 Cr (down 85% YoY) for FY 2024.
Revenue · FY 2024
₹2.45 Cr ▼ 85%
Net loss · FY 2024
₹1.72 Cr margin -70.1%
EBITDA · FY 2024
-₹1.18 Cr margin -48.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 85%
3 years · compounded
▼ 37%
5 years · compounded
▼ 20%
EBITDA CAGR growth
1 year
▼ 306%
3 years · compounded
▼ 37%
5 years · compounded
▼ 19%
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 85% fall in the latest year. EBITDA fell 306% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.72 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -48.2% | ||||
| Net Profit Margin | -70.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 ITES Horizon Private Limited, buy the company report.
Board of directors of ITES Horizon Private Limited
ITES Horizon has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravinder Singh Also directs: Raees Restaurant and Resorts Private Limited | Director | 01 Aug 2017 | 9 Years 3 Months | Current |
| Robab Khan Also directs: Cubizon Consulting (OPC) Private Limited | Director | 07 Jul 2023 | 3 Years 3 Months | Current |
Auditor
ITES Horizon Private Limited is audited by VIVEKAHUJA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIVEKAHUJA | FY 2023 | 415778 |
Shareholding
The shareholding of ITES Horizon Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of ITES Horizon Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.31 Cr
Satisfied charges
₹2.1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Mar 2023 | 100721598 | Hdfc Bank Limited | ₹21 Lakh | Open | |
| 29 Dec 2021 | 100526484 | Hdfc Bank Limited | ₹25.05 Lakh | Open | |
| 13 Aug 2020 | 100381686 | Hdfc Bank Limited | ₹85 Lakh | Open | |
| 02 Dec 2022 | 100650879 | Karnataka Bank Ltd. | ₹2.1 Cr | Satisfied |
To see the full charge records of ITES Horizon Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
ITES Horizon Private Limited has 13 court cases on record: 13 filed against it. 3 cases are pending and 10 are disposed.
Total cases
13
Filed against the company
13
Pending
3
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 2 |
| High courts | 2 | 2 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by HDFC Bank Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Aditya Birla Finance Ltd | Disposed |
| High Court of Delhi | Court case (O.M.P. (T) (COMM.)) | Filed against the company by Neogrowth Credit Private Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Epimoney Pvt. Ltd. | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by M/S Neo Growth Credit Private Limited | Disposed |
To see the full case history of ITES Horizon Private 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 ITES Horizon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
ITES Horizon Private Limited has a workforce of 10 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
-23.08%
GST
ITES Horizon has 5 GST registrations: 3 active and 2 cancelled or inactive.
Total GSTINs
5
Active
3
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACI9786L2ZT | Delhi | Active | 22 Feb 2018 |
| 09AAACI9786L2ZP | Uttar Pradesh | Active | 19 Feb 2020 |
| 18AAACI9786L1ZR | Assam | Active | 29 Jul 2022 |
To see the full GST registrations and return filing status of ITES Horizon Private Limited, buy the company report.
Recent activity
ITES Horizon Private Limited has 13 board changes on record since 2012: 2 appointments and 11 cessations. The latest: Chetan ceased to be Additional Director on 07 Jul 2023.
AGM
Ites Horizon Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 02 Dec 2022 via Charge ID 100650879 with Karnataka Bank Ltd. was fully satisfied on 20 Apr 2024.
Filing
Ites Horizon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Chetan ceased to be Additional Director.
Appointed
Robab Khan was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 21.00 Lakh with Charge ID 100721598 was registered on 06 Mar 2023.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 210.00 Lakh with Charge ID 100650879 was registered on 02 Dec 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 85.00 Lakh registered on 13 Aug 2020 with Charge ID 100381686 was modified on 20 May 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 25.05 Lakh with Charge ID 100526484 was registered on 29 Dec 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 85.00 Lakh with Charge ID 100381686 was registered on 13 Aug 2020.
Ceased
Ravinder Singh ceased to be Additional Director.
Ceased
Rajeev Srivastava ceased to be Additional Director.
10 earlier events are in the company report.
Frequently asked questions
ITES Horizon is an active private limited company based in Delhi, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 November 1999 (27+ years old) and is registered under CIN U72200DL1999PTC102389.
ITES Horizon has 2 current directors:
- Ravinder Singh - Director
- Robab Khan - Director
The latest financial statements of ITES Horizon on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of ITES Horizon is 07AAACI9786L2ZT, registered in Delhi. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 09AAACI9786L2ZP (Uttar Pradesh), 18AAACI9786L1ZR (Assam).
The CIN (Corporate Identification Number) of ITES Horizon is U72200DL1999PTC102389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
ITES Horizon has 13 court cases on record: 13 filed against it. 3 are pending. Most are in the district courts.
ITES Horizon was incorporated on 11 November 1999, making it 27+ years old. It is registered with the Registrar of Companies, Delhi.
Chetan ceased to be Additional Director on 07 Jul 2023. Robab Khan was appointed as Director on 07 Jul 2023. Ravinder Singh ceased to be Additional Director on 30 Sep 2017. ITES Horizon has 13 board changes on record in total.
Yes, ITES Horizon is registered as a small enterprise under Udyam registration (number: UDYAM-DL-08-0006918).
ITES Horizon can be reached through the website iteshorizon.com. Its registered office is in Delhi, India.
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