MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0036804
Ivistaz Ecom Services Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹18.89 Cr
▲ 27% YoY
Net loss · FY 2025
₹78.56 Lakh
Net margin -4.2%
EBITDA · FY 2025
₹16.28 Lakh
EBITDA margin 0.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.91 Cr
Satisfied ₹59.68 Lakh
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
About Ivistaz Ecom Services Private Limited
Data last updated:
Ivistaz Ecom Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 27 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U56101KA2015PTC080555. Its GSTIN is 29AADCI8297D2Z5 (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as I-Vista Ecom Services Private Limited. It is led by directors Kaningat Rajan and Narayan Rajan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.89 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net loss of ₹78.56 Lakh (net margin -4.2%) and EBITDA of ₹16.28 Lakh (EBITDA margin 0.9%).
The company is associated with 1 brand: Route16. As per MCA filings, the company has open charges of ₹4.91 Cr and satisfied charges of ₹59.68 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
Ivistaz Ecom Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0036804). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website route16.in.
Company details
CIN U56101KA2015PTC080555
Registration Number 080555
Incorporation Date 27 May 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0036804
CIN history
Ivistaz Ecom Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U56101KA2015PTC080555, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U56101KA2015PTC080555 | Current |
| U52100KA2015PTC080555 | Previous |
| U72200KA2015PTC080555 | Previous |
Key People
Kaningat Rajan Director Narayan Rajan Director Recognitions & Rankings of Ivistaz Ecom Services
Contact details
Ivistaz Ecom Services Private Limited's registered office is in Bangalore, Karnataka. Its website is route16.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressReliaable Phoenix Towers 4th Floor, 16 & 16/1 Museum Road, Bangalore, Karnataka, India – 560025
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Ivistaz Ecom Services Private Limited, buy the company report.
Comprehensive company report
Ivistaz Ecom Services Private Limited - one report that includes everything
- 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
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Brands
Ivistaz Ecom Services operates one associated brand: Route16. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides ecommerce technology, digital marketing, and operations management for consumer sectors. | route16.in |
Business activity
The main business activity of Ivistaz Ecom Services is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Ivistaz Ecom Services Private Limited, buy the company report.
Financials of Ivistaz Ecom Services Private Limited
FY 2025 filings availableIvistaz Ecom Services Private Limited reported revenue of ₹18.89 Cr (up 27% YoY) for FY 2025.
Revenue · FY 2025
₹18.89 Cr ▲ 27%
Net loss · FY 2025
₹78.56 Lakh margin -4.2%
EBITDA · FY 2025
₹16.28 Lakh margin 0.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 27%
EBITDA CAGR growth
1 year
▼ 93%
Revenue rose 27% in the latest year. EBITDA fell 93% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Total Expenses | |||||
| EBITDA | ₹16.28 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹78.56 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | -4.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ivistaz Ecom Services Private Limited, buy the company report.
Board of directors of Ivistaz Ecom Services Private Limited
Ivistaz Ecom Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaningat Rajan | Director | 27 May 2015 | 11 Years 5 Months | Current |
| Narayan Rajan Also directs: Vista Maritime Private Limited, I-Vista Web Solutions Private Limited, Ivistaz Foodyi LLP and 4 more | Director | 27 May 2015 | 11 Years 5 Months | Current |
Auditor
Ivistaz Ecom Services Private Limited is audited by VENU & VINAY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VENU & VINAY | FY 2023 | 010010S |
Shareholding
The shareholding of Ivistaz Ecom Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ivistaz Ecom Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.91 Cr
Satisfied charges
₹59.68 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Dec 2024 | 101019930 | Hdfc Bank Limited | ₹1.3 Cr | Open | |
| 03 Oct 2024 | 101030087 | Others | ₹1.5 Cr | Open | |
| 23 Feb 2024 | 100893339 | Hdfc Bank Limited | ₹45 Lakh | Open | |
| 27 Jul 2023 | 100915539 | Hdfc Bank Limited | ₹1.66 Cr | Open | |
| 25 Oct 2021 | 100497159 | Hdfc Bank Limited | ₹23.24 Lakh | Satisfied |
To see the full charge records of Ivistaz Ecom Services Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Ivistaz Ecom Services Private Limited has 1 court case on record: 1 filed by Ivistaz Ecom Services. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Writ petition | Filed by the company against The Joint Commissioner of Commercial Taxes (Appeals- and 1 other | Disposed |
To see the full case history of Ivistaz Ecom Services 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 Ivistaz Ecom Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ivistaz Ecom Services has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI8297D2Z5 | Karnataka | Active | 01 Jul 2017 |
| 24AADCI8297D1ZG | Gujarat | Active | 01 Jan 2024 |
To see the full GST registrations and return filing status of Ivistaz Ecom Services Private Limited, buy the company report.
Recent activity
Ivistaz Ecom Services Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Krishnan Rajan ceased to be Director on 02 May 2019.
AGM
Ivistaz Ecom Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ivistaz Ecom Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 25 Oct 2021 via Charge ID 100497159 with Hdfc Bank Limited was fully satisfied on 05 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 130.00 Lakh with Charge ID 101019930 was registered on 10 Dec 2024.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 101030087 was registered on 03 Oct 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 45.00 Lakh with Charge ID 100893339 was registered on 23 Feb 2024.
Charges
A charge registered on 06 Mar 2019 via Charge ID 100243777 with Others was fully satisfied on 31 Oct 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 166.00 Lakh with Charge ID 100915539 was registered on 27 Jul 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 23.24 Lakh with Charge ID 100497159 was registered on 25 Oct 2021.
Ceased
Krishnan Rajan ceased to be Director.
Charges
A charge with Others amounted to Rs. 36.44 Lakh with Charge ID 100243777 was registered on 06 Mar 2019.
Appointed
Krishnan Rajan was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Ivistaz Ecom Services is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 27 May 2015 (11+ years old) and is registered under CIN U56101KA2015PTC080555.
Ivistaz Ecom Services has 2 current directors:
- Kaningat Rajan - Director
- Narayan Rajan - Director
The latest financial statements of Ivistaz Ecom Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Ivistaz Ecom Services is 29AADCI8297D2Z5, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AADCI8297D1ZG (Gujarat).
The CIN (Corporate Identification Number) of Ivistaz Ecom Services is U56101KA2015PTC080555. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ivistaz Ecom Services has 1 court case on record: 1 filed by the company.
Ivistaz Ecom Services was incorporated on 27 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Krishnan Rajan ceased to be Director on 02 May 2019. Krishnan Rajan was appointed as Director on 10 Dec 2018. Kaningat Rajan was appointed as Director on 27 May 2015. Ivistaz Ecom Services has 4 board changes on record in total.
Yes, Ivistaz Ecom Services is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0036804).
Ivistaz Ecom Services can be reached through the website route16.in. Its registered office is in Bangalore, Karnataka, India.
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