About Ivote India Private Limited
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Ivote India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the personal services segment of the professional services sector. It was incorporated on 27 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2010PTC211404. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ivote Interval Vacation Ownership and Timeshare Expertise India Private Limited. It is led by directors Amol Tambe Gangaram and Naresh Manohar Mhamunkar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Shanta Sadan Shop No. 04 10th N.S. Road J.V.P.D. Scheme, Mumbai, Maharashtra, India – 400049.
As per the financials filed for FY 2019, the company reported a revenue of ₹21.75 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹2.59 Lakh (net margin -11.9%) and EBITDA of -₹2.26 Lakh (EBITDA margin -10.4%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years.
Its group structure includes 1 subsidiary.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ivoteindia.com.
Company details
Contact details
Ivote India Private Limited's registered office is in Mumbai, Maharashtra. Its website is ivoteindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShanta Sadan Shop No. 04 10th N.S. Road J.V.P.D. Scheme, Mumbai, Maharashtra, India – 400049
- IndustryProfessional Services, Personal, Scientific, Technical
To see the full contact details of Ivote India 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
Business activity
The main business activity of Ivote India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Ivote India Private Limited, buy the company report.
Financials of Ivote India Private Limited
FY 2019 filings availableIvote India Private Limited reported revenue of ₹21.75 Lakh (down 11% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over three years, including a 11% fall in the latest year. EBITDA fell 47% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹2.26 Lakh | ||||
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| Net Profit (PAT) | -₹2.59 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -10.4% | ||||
| Net Profit Margin | -11.9% | ||||
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To see the full financial statements and ratios of Ivote India Private Limited, buy the company report.
Board of directors of Ivote India Private Limited
Ivote India has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Manohar Mhamunkar | Additional Director | 02 Mar 2015 | 11 Years 7 Months | Current |
| Amol Tambe Gangaram | Director | 23 Mar 2018 | 8 Years 7 Months | Current |
Peer comparison
Ivote India Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mspark Solutions Private Limited | ₹21.78 Lakh (FY 2024) | 237.0% | Coimbatore, Tamil Nadu, India | |||
| Wrelkin India Private Limited | ₹21.77 Lakh (FY 2025) | 26.0% | Kolkata, West Bengal, India | |||
| Aim Technical and Management Services Private Limited | ₹21.77 Lakh (FY 2024) | -2.0% | Maharashtra, India | |||
| Ivote India Private Limitedthis company | ₹21.75 Lakh (FY 2019) | -₹2.59 Lakh | -11.9% | -11.0% | Mumbai, Maharashtra, India | |
| Exo-Field Engineering Solutions Private Limited | ₹21.74 Lakh (FY 2024) | -71.0% | Navi Mumbai, Maharashtra, India | |||
| Askin Electric Private Limited | ₹21.73 Lakh (FY 2024) | 85.0% | Thrissur, Kerala, India | |||
| Aneela Engineering Solutions Private Limited | ₹21.73 Lakh (FY 2025) | 1252.0% | Chennai, Tamil Nadu, India | |||
| Aayan Future Technologies Private Limited | ₹21.72 Lakh (FY 2024) | 280.0% | Ranchi, Jharkhand, India | |||
| Medikosh Healthovation Private Limited | ₹21.72 Lakh (FY 2024) | 137.0% | Haldwani, Uttarakhand, India |
To see the full peer comparison of Ivote India Private Limited, buy the company report.
Auditor
Ivote India Private Limited is audited by Maddi & Company for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Maddi & Company | FY 2017 | 119661W |
Shareholding
The shareholding of Ivote India Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ivote India Private Limited, buy the company report.
Legal cases
Ivote India Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Axis Bank Limited | Disposed |
To see the full case history of Ivote India 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 Ivote India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ivote India has 1 subsidiary company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Maddysown Homes and Resorts Private Limited | U70102TG2005PTC047405 |
To see the full group structure of Ivote India Private Limited, buy the company report.
GST
Ivote India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ivote India Private Limited, buy the company report.
Recent activity
Ivote India Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Chandresh Bhupendra Mehta ceased to be Additional Director on 20 May 2019.
Frequently asked questions
Ivote India is an active private limited company based in Mumbai, Maharashtra, India. The company works in personal, within the professional services industry. It was incorporated on 27 December 2010 (16+ years old) and is registered under CIN U74990MH2010PTC211404.
Ivote India has 2 current directors:
- Naresh Manohar Mhamunkar - Additional Director
- Amol Tambe Gangaram - Director
The latest financial statements of Ivote India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Ivote India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ivote India is U74990MH2010PTC211404. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ivote India has 1 court case on record: 1 filed against it.
Ivote India was incorporated on 27 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ivote India by revenue are Mspark Solutions Private Limited, Wrelkin India Private Limited, Aim Technical and Management Services Private Limited, Exo-Field Engineering Solutions Private Limited, Askin Electric Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).
Chandresh Bhupendra Mehta ceased to be Additional Director on 20 May 2019. Amol Tambe Gangaram was appointed as Director on 23 Mar 2018. Madhukar Katragadda ceased to be Director on 23 Mar 2018. Ivote India has 7 board changes on record in total.
Ivote India can be reached through the website ivoteindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ivote India is at Shanta Sadan Shop No. 04 10th N.S. Road J.V.P.D. Scheme, Mumbai, Maharashtra, India – 400049.