About Ivama Association
Data last updated:
Ivama Association is a private not for profit company based in Bangalore, Karnataka, India. It operates in the business support services segment of the business services sector. It was incorporated on 25 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85300KA2019NPL128281. Its GSTIN is 33AAFCI4184B1ZX (Tamil Nadu).
It is led by directors including Tilak Karamchand Vikamshi and Pranay Shanker Garg.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.38A & 39B Phase II Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹73.28 Lakh, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹9.06 Lakh (net margin 12.4%) and EBITDA of ₹9.39 Lakh (EBITDA margin 12.8%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 5% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ivama.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.38A & 39B Phase II Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryBusiness Services, Business Support Services
- 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 Ivama Association
The main business activity of Ivama Association is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Ivama Association FY 2025 filings available
Ivama Association reported revenue of ₹73.28 Lakh (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ivama Association
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 30% 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 Ivama Association
| 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 | ₹9.39 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.06 Lakh | •••• | •••• | •••• | •••• |
| 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 Ivama Association
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 12.4% | •••• | •••• | •••• | •••• |
| 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 Ivama Association are in the company report.
Financial statements from FY 2020
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.
Auditor Details of Ivama Association
Ivama Association is audited by Gowthama & Company for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Gowthama & Company | 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 Ivama Association
Ivama Association has 8 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tilak Karamchand Vikamshi Also directs: Vikamshi Fabrics Pvt Ltd, Distixx Protectors Private Limited, Microfinish Valves Private Limited and 4 more | Director | 25 Sep 2019 | 7 Years 0 Months | Current |
| Pranay Shanker Garg Also directs: Advance Valves Global LLP, Advance Valves and Technologies Private Limited, Advance Valves Private Ltd and 2 more | Director | 25 Sep 2019 | 7 Years 0 Months | Current |
| Miteshkumar Dhirajlal Javiya | Director | 25 Sep 2019 | 7 Years 0 Months | Current |
| Rameshbabu Rangarajan Also directs: Velan Valves India Private Limited | Director | 25 Sep 2019 | 7 Years 0 Months | Current |
| Vinayak Sharad Lokur Also directs: Expert Valve and Equipment Private Limited | Director | 09 Mar 2023 | 3 Years 6 Months | Current |
| Arvind Kumar Goel Also directs: Auma India Private Limited | Director | 25 Sep 2019 | 7 Years 0 Months | Current |
Ownership and Shareholding of Ivama Association
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 Ivama Association
Ivama Association does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ivama Association
Employment history and EPFO contributions of people linked to Ivama Association.
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 Ivama Association
Ivama Association has 11 board changes on record since 2019: 9 appointments and 2 cessations. The latest: Kalyanaraman Iyer was appointed as Additional Director on 24 Jul 2025.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ivama Association
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 Ivama Association
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 Ivama Association
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 Ivama Association
Ivama Association has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCI4184B1ZX | Tamil Nadu | Active | 30 Oct 2019 |
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 Ivama Association
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 Ivama Association
Ivama Association is an active private not for profit company based in Bangalore, Karnataka, India. The company works in business support services, within the business services industry. It was incorporated on 25 September 2019 (7+ years old) and is registered under CIN U85300KA2019NPL128281.
Ivama Association reported revenue of ₹73.28 Lakh for FY 2025 (down 25% YoY).
Ivama Association has 8 current directors:
- Tilak Karamchand Vikamshi - Director
- Pranay Shanker Garg - Director
- Miteshkumar Dhirajlal Javiya - Director
- Rameshbabu Rangarajan - Director
- Vinayak Sharad Lokur - Director
- Arvind Kumar Goel - Director
- Abdul Ghafur Ramzan Gomaz - Director
- Kalyanaraman Iyer - Additional Director
Ivama Association reported a net profit of ₹9.06 Lakh (net margin 12.4%) and EBITDA of ₹9.39 Lakh (EBITDA margin 12.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ivama Association is 35% over three years and 5% over five years. In the latest year (FY 2025) revenue fell 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ivama Association is 33AAFCI4184B1ZX, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Ivama Association is U85300KA2019NPL128281. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ivama Association was incorporated on 25 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Kalyanaraman Iyer was appointed as Additional Director on 24 Jul 2025. Amit Jitendra Shah ceased to be Additional Director on 06 Jul 2023. Vinayak Sharad Lokur ceased to be Additional Director on 06 Jul 2023. Ivama Association has 11 board changes on record in total.
Ivama Association can be reached through the website ivama.in. Its registered office is in Bangalore, Karnataka, India.