About Ivc Association
Data last updated:
Ivc Association is a private not for profit company based in New Delhi, Delhi, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 21 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2010NPL198236. Its GSTIN is 07AADCV1850D1ZM (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Venture Capital Association. It is led by directors including Karthik Reddy Bezawada and Ashley Menezes.
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 Room No. 7 And 13 First Floor Innov8 Coworking Space Old Fort Saket District, Centre, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.63 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹39.62 Lakh (net margin 3.4%) and EBITDA of ₹58.16 Lakh (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 16% 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 ivca.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressRoom No. 7 And 13 First Floor Innov8 Coworking Space Old Fort Saket District, Centre, New Delhi, Delhi, India – 110017
- IndustryFinancial Services, Diversified Financial 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 Ivc Association
The main business activity of Ivc 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 Ivc Association FY 2024 filings available
Ivc Association reported revenue of ₹11.63 Cr (up 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ivc Association
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 27% growth in the latest year. 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 Ivc Association
| 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 | ₹58.16 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹39.62 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 Ivc Association
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.4% | •••• | •••• | •••• | •••• |
| 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 Ivc Association are in the company report.
Financial statements from 2015
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 Ivc Association
Ivc Association is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Horizon Management Pvt Ltd | ₹11.74 Cr (FY 2025) | •••• | •••• | 408.0% | •••• | Kolkata, West Bengal, India |
| Ekagra Finserv Private Limited | ₹11.71 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Ahmedabad, Gujarat, India |
| Shreyas Morakhia and Famiily Assets Private Limited | ₹11.69 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Leela Fashions P Ltd | ₹11.68 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Malwa Petro Products Private Limited | ₹11.64 Cr (FY 2025) | •••• | •••• | 2849.0% | •••• | Bhilwara, Rajasthan, India |
| Ivc Association this company | ₹11.63 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | New Delhi, Delhi, India |
| Evs Distributors India Limited | ₹11.63 Cr (FY 2025) | •••• | •••• | -47.0% | •••• | Kolkata, West Bengal, India |
| Om Shakti Enterprises Private Limited | ₹11.61 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Delhi, India |
| Paramitra Holdings Limited | ₹11.61 Cr (FY 2020) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| Loandeparts Private Limited | ₹11.58 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Puducherry, India |
| Revolut Payments India Private Limited | ₹11.57 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ivc Association by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ivc Association
Ivc Association is audited by B S R & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & Associates LLP | 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 Ivc Association
Ivc Association has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karthik Reddy Bezawada Also directs: Blume Venture Investment Manager LLP, 3F Ventures Management Consultants LLP, 3F Ventures Investment Manager LLP and 5 more | Director | 21 Jun 2022 | 4 Years 3 Months | Current |
| Ashley Menezes | Director | 04 Apr 2018 | 8 Years 6 Months | Current |
| Gopal Srinivasan | Director | 28 Aug 2015 | 11 Years 1 Months | Current |
| Anup Wadhawan Also directs: Credavenue Private Limited, Glaxosmithkline Pharmaceuticals Limited, Yatra Online Limited and 5 more | Director | 14 Jun 2023 | 3 Years 3 Months | Current |
Ownership and Shareholding of Ivc 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 Ivc Association
Ivc Association does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ivc Association
Employment history and EPFO contributions of people linked to Ivc 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.
News related to Ivc Association
Recent Activity on Ivc Association
Ivc Association has 14 board changes on record since 2011: 4 appointments and 10 cessations. The latest: Anup Wadhawan ceased to be Additional Director on 28 Sep 2023.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ivc 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 Ivc 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 Ivc 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 Ivc Association
Ivc Association has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCV1850D1ZM | Delhi | Active | 01 Jul 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 Ivc 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 Ivc Association
Ivc Association is an active private not for profit company based in New Delhi, Delhi, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 21 January 2010 (16+ years old) and is registered under CIN U74900DL2010NPL198236.
Ivc Association reported revenue of ₹11.63 Cr for FY 2024 (up 27% YoY).
Ivc Association has 4 current directors:
- Karthik Reddy Bezawada - Director
- Ashley Menezes - Director
- Gopal Srinivasan - Director
- Anup Wadhawan - Director
Ivc Association reported a net profit of ₹39.62 Lakh (net margin 3.4%) and EBITDA of ₹58.16 Lakh (EBITDA margin 5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ivc Association is 30% over three years and 16% over five years. In the latest year (FY 2024) revenue rose 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ivc Association is 07AADCV1850D1ZM, registered in Delhi.
The CIN (Corporate Identification Number) of Ivc Association is U74900DL2010NPL198236. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ivc Association was incorporated on 21 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Ivc Association by revenue are Horizon Management Pvt Ltd, Ekagra Finserv Private Limited, Shreyas Morakhia and Famiily Assets Private Limited, Leela Fashions P Ltd, Malwa Petro Products Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Anup Wadhawan ceased to be Additional Director on 28 Sep 2023. Anup Wadhawan was appointed as Director on 14 Jun 2023. Karthik Reddy Bezawada ceased to be Additional Director on 30 Sep 2022. Ivc Association has 14 board changes on record in total.
Ivc Association can be reached through the website ivca.in. Its registered office is in New Delhi, Delhi, India.