I-Vista Digital Solutions Private Limited

I-Vista Digital Solutions Private Limited - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U72200KA2000PTC027109 Incorporated 19 May 2000 ROC Bangalore HQ Bangalore, Karnataka, India
Struck Off Private Limited Company information technology
Data last updated
Revenue · FY 2022
₹13.09 Lakh
▲ 183% YoY
Net profit · FY 2022
₹7.53 Lakh
Net margin 57.5%
EBITDA · FY 2022
₹10.59 Lakh
EBITDA margin 80.9%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹23.34 Lakh
Issued & subscribed
Satisfied charges
₹1.31 Cr
No open charges
Company age
26 yrs
Est. 2000
Employees · EPFO
16
Provident fund records

About I-Vista Digital Solutions Private Limited

Data last updated:

I-Vista Digital Solutions Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 May 2000.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2000PTC027109. The company has 2 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23.34 Lakh. It was led by directors Narayan Rajan (Managing Director) and Kaningat Rajan.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at A – Regency Park 24 Hall Road Richards Town, Bangalore, Karnataka, India – 560005.

As per the financials filed for FY 2022, the company reported a revenue of ₹13.09 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7.53 Lakh (net margin 57.5%) and EBITDA of ₹10.59 Lakh (EBITDA margin 80.9%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 50% over five years.

The company had about 16 employees on its provident fund (EPFO) records before it was struck off.

The company was associated with 1 brand: iVista. As per MCA filings, the company had satisfied charges of ₹1.31 Cr on record. Court records list 7 cases involving the company, including 1 filed by the company and 5 filed against it. The company has 1 deal on record (1 acquisition); the latest was in November 2008. Its 10 peer companies in the same principal business activity (Computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is SSSD Tech Solutions Private Limited with revenue of ₹13.11 Lakh.

The last known website on record is ivistasolutions.com.

Company Details of I-Vista Digital Solutions Private Limited
CIN U72200KA2000PTC027109
Registration Number 027109
Incorporation Date 19 May 2000
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant

CIN History of I-Vista Digital Solutions Private Limited

I-Vista Digital Solutions has one previous CIN (Corporate Identification Number): U72200KA2000PLC027109. The current CIN is U72200KA2000PTC027109, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72200KA2000PTC027109Current
U72200KA2000PLC027109Previous
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    A – Regency Park 24 Hall Road Richards Town, Bangalore, Karnataka, India – 560005
  • Industry
    Information Technology, Application Development & Software Solutions
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Financials, compliance, directors, charges, ownership and filings for I-Vista Digital Solutions Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with I-Vista Digital Solutions Private Limited

I-Vista Digital Solutions operates one associated brand: iVista. Each brand links to its own profile.

BrandDescriptionWebsite
Provides web design, development, digital marketing, and SEO services in Bangalore.ivista.in

Business Activity of I-Vista Digital Solutions Private Limited

The main business activity of I-Vista Digital Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of I-Vista Digital Solutions Private Limited FY 2022 filings available

I-Vista Digital Solutions Private Limited reported revenue of ₹13.09 Lakh (up 183% YoY) for FY 2022.

Revenue · FY 2022
₹13.09 Lakh ▲ 183%
Net profit · FY 2022
₹7.53 Lakh margin 57.5%
EBITDA · FY 2022
₹10.59 Lakh margin 80.9%

Compounded Annual Growth Rate (CAGR) of I-Vista Digital Solutions Private Limited

Revenue CAGR growth
1 year
▲ 183%
3 years · compounded
▼ 25%
5 years · compounded
▼ 50%
EBITDA CAGR growth
3 years · compounded
▼ 25%
5 years · compounded
▼ 26%

Revenue rose 183% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 50%. 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 I-Vista Digital Solutions Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations₹13.09 Lakh••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹10.59 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹7.53 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 I-Vista Digital Solutions Private Limited

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin80.9%••••••••••••••••
Net Profit Margin57.5%••••••••••••••••
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 I-Vista Digital Solutions are in the company report.

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Financial statements from 2015

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Board of Directors of I-Vista Digital Solutions Private Limited

I-Vista Digital Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Narayan RajanManaging Director19 May 200026 Years 5 MonthsAs last reported
Kaningat RajanDirector29 Jul 200323 Years 2 MonthsAs last reported

Peer Comparison of I-Vista Digital Solutions Private Limited

I-Vista Digital Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
SSSD Tech Solutions Private Limited₹13.11 Lakh (FY 2025)••••••••-23.0%••••Kanchipuram, Tamil Nadu, India
Illume Health Technologies Private Limited₹13.11 Lakh (FY 2022)••••••••-75.0%••••Indore, Madhya Pradesh, India
Grocret Solutions Private Limited₹13.11 Lakh (FY 2025)••••••••109.0%••••Chennai, Tamil Nadu, India
Future Emerging Tech Solutions Private Limited₹13.09 Lakh (FY 2024)••••••••••••Kothagudem, Telangana, India
Xenstack Solutions India Private Limited₹13.09 Lakh (FY 2021)••••••••-5.0%••••Pune, Maharashtra, India
I-Vista Digital Solutions Private Limited this company₹13.09 Lakh (FY 2022)••••••••183.0%••••Bangalore, Karnataka, India
Fleet IT Solutions Private Limited₹13.09 Lakh (FY 2025)••••••••17.0%••••Hyderabad, Telangana, India
Bakkah400 IT Services (OPC) Private Limited₹13.09 Lakh (FY 2025)••••••••-49.0%••••Chennai, Tamil Nadu, India
Fourvision HR Services Apac Private Limited₹13.08 Lakh (FY 2024)••••••••101.0%••••Mohali, Punjab, India
Dashwork Studio Private Limited₹13.08 Lakh (FY 2024)••••••••-38.0%••••Varanasi, Uttar Pradesh, India
Nagaraj Technologies Private Limited₹13.08 Lakh (FY 2023)••••••••33.0%••••Bangalore, Karnataka, India

Peers are the five companies nearest above and the five nearest below I-Vista Digital Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 I-Vista Digital Solutions Private Limited

I-Vista Digital Solutions Private Limited is audited by L ANBALAGAN & CO for the financial year 2020.

NameStatusAppointment DateCessation Date
L ANBALAGAN & COLockedLockedLocked
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Ownership and Shareholding of I-Vista Digital Solutions Private Limited

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Charges & Borrowings of I-Vista Digital Solutions Private Limited

Open charges
None
Satisfied charges
₹1.31 Cr
Breakdown by lending institutions
Indian Bank₹1.31 Cr
Latest charge details
DateLenderAmountStatus
21 Jun 2013Indian Bank₹63 LakhSatisfied
20 Dec 2007Indian Bank₹23 LakhSatisfied
21 Aug 2007Indian Bank₹45 LakhSatisfied

Total charge records: 3 View all charges

Deals & Funding of I-Vista Digital Solutions Private Limited

I-Vista Digital Solutions Private Limited has 1 deal on record (1 acquisition); the latest was in November 2008.

Total deals
1
Acquisition
1

Deals on record (1 of 1)

WhenDealAmountParties
Nov 2008AcquisitionUndisclosedBuyer: Bbdo India Private Limited
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Employees and EPFO Compliance at I-Vista Digital Solutions Private Limited

Employment history and EPFO contributions of people linked to I-Vista Digital Solutions.

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Recent Activity on I-Vista Digital Solutions Private Limited

I-Vista Digital Solutions Private Limited has 6 board changes on record since 2000: 2 appointments and 4 cessations. The latest: Ravichandar Venkataraman ceased to be Director on 04 Feb 2016.

Charges
A charge registered on 21 Jun 2013 via Charge ID 10436748 with Indian Bank was fully satisfied on 14 Mar 2023.
Charges
A charge registered on 20 Dec 2007 via Charge ID 10085239 with Indian Bank was fully satisfied on 14 Mar 2023.
Charges
A charge registered on 21 Aug 2007 via Charge ID 10065652 with Indian Bank was fully satisfied on 14 Mar 2023.
AGM
I-Vista Digital Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
I-Vista Digital Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Ceased
Ravichandar Venkataraman ceased to be Director.
Charges
A charge with Indian Bank of Rs. 63.00 Lakh registered on 21 Jun 2013 with Charge ID 10436748 was modified on 19 Feb 2015.
Ceased
Narasimhan Krishnaswamy ceased to be Director.
Ceased
Srinivasan Krishnaswamy ceased to be Director.
Charges
A charge with Indian Bank amounted to Rs. 63.00 Lakh with Charge ID 10436748 was registered on 21 Jun 2013.
Charges
A charge with Indian Bank of Rs. 23.00 Lakh registered on 20 Dec 2007 with Charge ID 10085239 was modified on 08 Aug 2012.
Charges
A charge with Indian Bank of Rs. 45.00 Lakh registered on 21 Aug 2007 with Charge ID 10065652 was modified on 30 Aug 2008.

6 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for I-Vista Digital Solutions Private Limited

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MSME Payment Delays by I-Vista Digital Solutions Private Limited

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Subsidiaries & Group Companies of I-Vista Digital Solutions Private Limited

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GST Compliance of I-Vista Digital Solutions Private Limited

I-Vista Digital Solutions has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2
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MCA Filings & Documents of I-Vista Digital Solutions Private Limited

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Frequently Asked Questions about I-Vista Digital Solutions Private Limited

I-Vista Digital Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

I-Vista Digital Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 19 May 2000 and is registered under CIN U72200KA2000PTC027109. The company has been struck off by the Registrar of Companies and is no longer operational.

I-Vista Digital Solutions had 2 directors:

The CIN (Corporate Identification Number) of I-Vista Digital Solutions is U72200KA2000PTC027109. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of I-Vista Digital Solutions is at A – Regency Park 24 Hall Road Richards Town, Bangalore, Karnataka, India – 560005.

I-Vista Digital Solutions was incorporated on 19 May 2000. It is registered with the Registrar of Companies, Bangalore.

I-Vista Digital Solutions can be reached through the website ivistasolutions.com. Its registered office is in Bangalore, Karnataka, India.

I-Vista Digital Solutions reported revenue of ₹13.09 Lakh for FY 2022 (up 183% YoY).

I-Vista Digital Solutions has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23.34 Lakh.

I-Vista Digital Solutions reported a net profit of ₹7.53 Lakh (net margin 57.5%) and EBITDA of ₹10.59 Lakh (EBITDA margin 80.9%) for FY 2022, as per its filed financial statements.

No. I-Vista Digital Solutions has 2 GST registrations on record and all of them are cancelled or inactive.

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