About Ivavsys Technologies Private Limited
Data last updated:
Ivavsys Technologies Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 13 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2017PTC170968. Its GSTIN is 27AAECI5318L1ZC (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Omkar Shailendra Jahagirdar and Govind Gopal Jahagirdar.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 207/3 Dhanraj Park Banglow C Kaspate Wasti Wakad, Pune, Maharashtra, India – 411027.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.82 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹33.98 Lakh (net margin 5%) and EBITDA of ₹1.83 Cr (EBITDA margin 26.8%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 18% over five years.
The company has about 41 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ivavsys. As per MCA filings, the company has open charges of ₹1.23 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ivavsys.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address207/3 Dhanraj Park Banglow C Kaspate Wasti Wakad, Pune, Maharashtra, India – 411027
- IndustryInformation Technology, Software Development & Support Services, IT Consulting & 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 Ivavsys Technologies Private Limited
The main business activity of Ivavsys Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 Ivavsys Technologies Private Limited FY 2024 filings available
Ivavsys Technologies Private Limited reported revenue of ₹6.82 Cr (down 38% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ivavsys Technologies Private Limited
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 49% 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 Ivavsys Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.83 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33.98 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 Ivavsys Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5% | •••• | •••• | •••• | •••• |
| 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 Ivavsys Technologies are in the company report.
Financial statements from FY 2018
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.
Peer Comparison of Ivavsys Technologies Private Limited
Ivavsys Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nextrow Private Limited | •••• | •••• | •••• | •••• | 62 | Bangalore, Karnataka, India |
| Virtubox Infotech Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Interface Infosoft Solutions Private Limited | •••• | •••• | •••• | •••• | 35 | Pune, Maharashtra, India |
| Global Infoventures Private Limited | •••• | •••• | •••• | •••• | - | Ghaziabad, Uttar Pradesh, India |
| Buildingblocks Software Services Private Limited | •••• | •••• | •••• | •••• | - | Saidapet, Tamil Nadu, India |
| Ivavsys Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Solaris Soft Labs India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Invansys Technologies Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Bytzsoft Technologies Private Limited | •••• | •••• | •••• | •••• | 23 | Pune, Maharashtra, India |
| Futureproofai India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Omega Cyberworld Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Ivavsys Technologies by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Ivavsys Technologies Private Limited
Ivavsys Technologies Private Limited is audited by Ketan H. Shah & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ketan H. Shah & Associates | 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 Ivavsys Technologies Private Limited
Ivavsys Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Omkar Shailendra Jahagirdar | Director | 04 Feb 2021 | 5 Years 8 Months | Current |
| Govind Gopal Jahagirdar Also directs: Talents-Hub Teams LLP | Director | 13 Aug 2024 | 2 Years 1 Months | Current |
| Shailendra Govind Jahagirdar | Director | 13 Jun 2017 | 9 Years 3 Months | Current |
Ownership and Shareholding of Ivavsys Technologies 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 Ivavsys Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Apr 2022 | Others | ₹1.23 Cr | Open |
Total charge records: 1 View all charges
Associated Brands with Ivavsys Technologies Private Limited
Ivavsys Technologies operates one associated brand: Ivavsys. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Software QA services including functional, automation, and performance testing are offered by Ivavsys. | ivavsys.com |
Employees and EPFO Compliance at Ivavsys Technologies Private Limited
Ivavsys Technologies Private Limited has a workforce of 41 employees as of Apr 02, 2024.
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 Ivavsys Technologies Private Limited
Ivavsys Technologies Private Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Govind Gopal Jahagirdar was appointed as Director on 13 Aug 2024.
Credit Ratings, Litigation & Regulatory Alerts for Ivavsys Technologies 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 Ivavsys Technologies 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 Ivavsys Technologies 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 Ivavsys Technologies Private Limited
Ivavsys Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECI5318L1ZC | Maharashtra | Active | 27 Sep 2017 |
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 Ivavsys Technologies 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 Ivavsys Technologies Private Limited
Ivavsys Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 13 June 2017 (9+ years old) and is registered under CIN U72900PN2017PTC170968.
Ivavsys Technologies reported revenue of ₹6.82 Cr for FY 2024 (down 38% YoY).
Ivavsys Technologies has 3 current directors:
- Omkar Shailendra Jahagirdar - Director
- Govind Gopal Jahagirdar - Director
- Shailendra Govind Jahagirdar - Director
Ivavsys Technologies reported a net profit of ₹33.98 Lakh (net margin 5%) and EBITDA of ₹1.83 Cr (EBITDA margin 26.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ivavsys Technologies is 15% over three years and 18% over five years. In the latest year (FY 2024) revenue fell 38%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ivavsys Technologies is 27AAECI5318L1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ivavsys Technologies is U72900PN2017PTC170968. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ivavsys Technologies was incorporated on 13 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Ivavsys Technologies by revenue are Nextrow Private Limited, Virtubox Infotech Private Limited, Interface Infosoft Solutions Private Limited, Global Infoventures Private Limited, Buildingblocks Software Services Private Limited and 5 more, all in the Information Technology industry (Software Services).
Govind Gopal Jahagirdar was appointed as Director on 13 Aug 2024. Omkar Shailendra Jahagirdar was appointed as Director on 04 Feb 2021. Pramila Govind Jahagirdar ceased to be Director on 05 Jan 2021. Ivavsys Technologies has 5 board changes on record in total.
Yes, Ivavsys Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).