About Ivrics Technologies Private Limited
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Ivrics Technologies Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 09 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72900OR2019PTC032217. Its GSTIN is 21AAFCI4959Q1Z0 (Odisha).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.1 Lakh. It is led by directors including Ajit Kumar Sahoo and Biswanath Mahakul.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Hig 2/124 Satyasai Enclave Aiginia, Bhubaneswar, Odisha, India – 751019.
As per the financials filed for FY 2021, the company reported a revenue of ₹20.53 Lakh. For the same year it recorded a net loss of ₹61,859 (net margin -3%) and EBITDA of -₹23,630 (EBITDA margin -1.2%).
For more details, the company can be reached via its website ivrics.com.
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- Website
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- Registered AddressHig 2/124 Satyasai Enclave Aiginia, Bhubaneswar, Odisha, India – 751019
- IndustryInformation Technology, IT Consulting & Support 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 Ivrics Technologies Private Limited
The main business activity of Ivrics Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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 Ivrics Technologies Private Limited FY 2021 filings available
Ivrics Technologies Private Limited reported revenue of ₹20.53 Lakh for FY 2021.
Financial Statement Summary of Ivrics Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹20.53 Lakh | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | -₹23,630 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹61,859 | •••• |
| 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 Ivrics Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -1.2% | •••• |
| Net Profit Margin | -3% | •••• |
| 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 Ivrics Technologies are in the company report.
Financial statements from FY 2020
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 Ivrics Technologies Private Limited
Ivrics Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RGR Software Solutions Private Limited | ₹20.54 Lakh (FY 2024) | •••• | •••• | -22.0% | •••• | Secunderabad, Telangana, India |
| Voyox Travels (OPC) Private Limited | ₹20.54 Lakh (FY 2022) | •••• | •••• | -20.0% | •••• | Delhi, India |
| Raskey Software Solutions Private Limited | ₹20.54 Lakh (FY 2017) | •••• | •••• | -71.0% | •••• | Hyderabad, Telangana, India |
| Thazhal Geospatial Analytics Private Limited | ₹20.53 Lakh (FY 2024) | •••• | •••• | 112.0% | •••• | Tirunelveli, Tamil Nadu, India |
| Wrestle Infotech India Private Limited | ₹20.53 Lakh (FY 2024) | •••• | •••• | 2611.0% | •••• | Delhi, India |
| Ivrics Technologies Private Limited this company | ₹20.53 Lakh (FY 2021) | •••• | •••• | •••• | Bhubaneswar, Odisha, India | |
| Expansive Solutions Private Limited | ₹20.52 Lakh (FY 2025) | •••• | •••• | -5.0% | •••• | Pune, Maharashtra, India |
| Adotas Private Limited | ₹20.52 Lakh (FY 2025) | •••• | •••• | -52.0% | •••• | Chennai, Tamil Nadu, India |
| Iprarthana Private Limited | ₹20.52 Lakh (FY 2024) | •••• | •••• | 2.0% | •••• | Bangalore, Karnataka, India |
| Magnetize Design and Technology Private Limited | ₹20.52 Lakh (FY 2024) | •••• | •••• | -43.0% | •••• | Mumbai, Maharashtra, India |
| Skystop Private Limited | ₹20.52 Lakh (FY 2023) | •••• | •••• | 11.0% | •••• | Anantapuramu, Andhra Pradesh, India |
Peers are the five companies nearest above and the five nearest below Ivrics Technologies by revenue in the same principal business activity (Other information & communication service 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 Ivrics Technologies Private Limited
Ivrics Technologies Private Limited is audited by M C B & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M C B & CO | 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 Ivrics Technologies Private Limited
Ivrics Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Kumar Sahoo Also directs: Binayak Construction and Engineers Private Limited | Director | 27 Mar 2020 | 6 Years 6 Months | Current |
| Biswanath Mahakul | Director | 09 Dec 2019 | 6 Years 9 Months | Current |
| Madhav Kumar | Director | 09 Dec 2019 | 6 Years 9 Months | Current |
Ownership and Shareholding of Ivrics Technologies Private Limited
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 Ivrics Technologies Private Limited
Ivrics Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ivrics Technologies Private Limited
Employment history and EPFO contributions of people linked to Ivrics Technologies.
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.
Recent Activity on Ivrics Technologies Private Limited
Ivrics Technologies Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Ajit Kumar Sahoo was appointed as Director on 27 Mar 2020.
Credit Ratings, Litigation & Regulatory Alerts for Ivrics Technologies Private Limited
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 Ivrics Technologies Private Limited
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 Ivrics Technologies Private Limited
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 Ivrics Technologies Private Limited
Ivrics Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAFCI4959Q1Z0 | Odisha | Active | 28 Feb 2020 |
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 Ivrics Technologies Private Limited
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 Ivrics Technologies Private Limited
Ivrics Technologies is an active private limited company based in Bhubaneswar, Odisha, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 09 December 2019 (7+ years old) and is registered under CIN U72900OR2019PTC032217.
Ivrics Technologies reported revenue of ₹20.53 Lakh for FY 2021.
Ivrics Technologies has 3 current directors:
- Ajit Kumar Sahoo - Director
- Biswanath Mahakul - Director
- Madhav Kumar - Director
Ivrics Technologies reported a net loss of ₹61,859 (net margin -3%) and EBITDA of -₹23,630 (EBITDA margin -1.2%) for FY 2021, as per its filed financial statements.
The GSTIN of Ivrics Technologies is 21AAFCI4959Q1Z0, registered in Odisha.
The CIN (Corporate Identification Number) of Ivrics Technologies is U72900OR2019PTC032217. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ivrics Technologies was incorporated on 09 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Ivrics Technologies by revenue are RGR Software Solutions Private Limited, Voyox Travels (OPC) Private Limited, Raskey Software Solutions Private Limited, Thazhal Geospatial Analytics Private Limited, Wrestle Infotech India Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Ajit Kumar Sahoo was appointed as Director on 27 Mar 2020. Biswanath Mahakul was appointed as Director on 09 Dec 2019. Madhav Kumar was appointed as Director on 09 Dec 2019.
Ivrics Technologies can be reached through the website ivrics.com. Its registered office is in Bhubaneswar, Odisha, India.
The registered office of Ivrics Technologies is at Hig 2124 Satyasai Enclave Aiginia, Bhubaneswar, Odisha, India – 751019.