About I-Verve Infoweb Private Limited
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I-Verve Infoweb Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2010PTC061152. Its GSTIN is 24AACCI3351B1Z8 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mohammedbilal Mumtazali Momin and Nayan Rohitkumar Mistry.
Its last annual general meeting (AGM) was held on 28 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 923 Bhuglis Pole Near Sevakrams Khancha Jamalpur Ahmedabad, Gujarat, India – 380001.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.57 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.31 Lakh (net margin 0.4%) and EBITDA of ₹31.97 Lakh (EBITDA margin 9%). Revenue has declined at a compounded annual rate (CAGR) of 2% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: I-Verve. As per MCA filings, the company has satisfied charges of ₹5.8 Lakh on record. Court records list 19 cases involving the company, including 5 filed by the company and 14 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website i-verve.com.
Company details
Contact details
I-Verve Infoweb Private Limited's registered office is in Ahmedabad, Gujarat. Its website is i-verve.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address923 Bhuglis Pole Near Sevakrams Khancha Jamalpur Ahmedabad, Gujarat, India – 380001
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of I-Verve Infoweb Private Limited, buy the company report.
- 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
Brands
I-Verve Infoweb operates one associated brand: I-Verve. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers custom software development, product engineering, and digital transformation. | i-verve.com |
Business activity
The main business activity of I-Verve Infoweb is information and communication. In detail, this covers publishing of newspapers, books, periodicals, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J1 | Publishing of Newspapers, Books, periodicals, etc. activities |
To see the full business activity and turnover split of I-Verve Infoweb Private Limited, buy the company report.
Financials of I-Verve Infoweb Private Limited
FY 2020 filings availableI-Verve Infoweb Private Limited reported revenue of ₹3.57 Cr (down 12% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 12% fall in the latest year. EBITDA rose 198% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹3.57 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹31.97 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.31 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of I-Verve Infoweb Private Limited, buy the company report.
Board of directors of I-Verve Infoweb Private Limited
I-Verve Infoweb 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 |
|---|---|---|---|---|
| Mohammedbilal Mumtazali Momin Also directs: Agilent Infrastructure Private Limited, Agilent Steel Private Limited, Icalibre Info Consultant Private Limited and 2 more | Director | 18 Jun 2010 | 16 Years 4 Months | Current |
| Nayan Rohitkumar Mistry Also directs: Agilent Infrastructure Private Limited, Agilent Steel Private Limited, Icalibre Info Consultant Private Limited and 2 more | Director | 18 Jun 2010 | 16 Years 4 Months | Current |
| Vikash Narendrasingh Rajput Also directs: Agilent Infrastructure Private Limited, Agilent Steel Private Limited, Icalibre Info Consultant Private Limited and 4 more | Director | 18 Jun 2010 | 16 Years 4 Months | Current |
Auditor
I-Verve Infoweb Private Limited is audited by ASIM MEHTA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASIM MEHTA & ASSOCIATES | FY 2019 | 114050W |
Shareholding
The shareholding of I-Verve Infoweb Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of I-Verve Infoweb Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2012 | 10372280 | Canara Bank | ₹5.8 Lakh | Satisfied |
To see the full charge records of I-Verve Infoweb Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
I-Verve Infoweb Private Limited has 19 court cases on record: 5 filed by I-Verve Infoweb, 14 filed against it. 5 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 12 | 3 |
| High courts | 3 | 2 | 2 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Canara Bank | Disposed |
| District court, Ahmedabad, Gujarat | Court case (EXE R) | Filed against the company by HDFC Bank Limited | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by an individual | Pending |
| High Court of Gujarat | Special civil application | Filed against the company | Pending |
| District court, Ahmedabad, Gujarat | Court case (REFERENCE D LC) | Filed by the company against an individual | Pending |
To see the full case history of I-Verve Infoweb 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 I-Verve Infoweb Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
I-Verve Infoweb Private Limited has a workforce of 3 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
I-Verve Infoweb has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCI3351B1Z8 | Gujarat | Active | 12 Jun 2019 |
To see the full GST registrations and return filing status of I-Verve Infoweb Private Limited, buy the company report.
Recent activity
I-Verve Infoweb Private Limited has 5 board changes on record since 2010: 3 appointments and 2 cessations. The latest: Nayan Rohitkumar Mistry ceased to be Director on 02 May 2022.
Frequently asked questions
I-Verve Infoweb is an active private limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 18 June 2010 (16+ years old) and is registered under CIN U72900GJ2010PTC061152.
I-Verve Infoweb has 3 current directors:
- Mohammedbilal Mumtazali Momin - Director
- Nayan Rohitkumar Mistry - Director
- Vikash Narendrasingh Rajput - Director
The latest financial statements of I-Verve Infoweb on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 28 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of I-Verve Infoweb is 24AACCI3351B1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of I-Verve Infoweb is U72900GJ2010PTC061152. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
I-Verve Infoweb has 19 court cases on record: 5 filed by the company and 14 filed against it. 5 are pending. Most are in the district courts.
I-Verve Infoweb was incorporated on 18 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Nayan Rohitkumar Mistry ceased to be Director on 02 May 2022. Sosan Israrali Momin ceased to be Director on 23 Dec 2014. Mohammedbilal Mumtazali Momin was appointed as Director on 18 Jun 2010. I-Verve Infoweb has 5 board changes on record in total.
I-Verve Infoweb can be reached through the website i-verve.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of I-Verve Infoweb is at 923 Bhuglis Pole Near Sevakrams Khancha Jamalpur Ahmedabad, Gujarat, India – 380001.
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