About Iwovs Private Limited
Data last updated:
Iwovs Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the engineering design and consultancy segment of the engineering sector. It was incorporated on 21 November 2018.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2018PTC105250. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Harshal Ghanshyambhai Patel and Cord Henrik Henkel.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.37 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net profit of ₹51.29 Lakh (net margin 5.5%) and EBITDA of ₹1 Cr (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 99% over three years.
The company has about 51 employees on its provident fund (EPFO) records.
The last known website on record is iwovs.com.
Company details
Contact details
Iwovs Private Limited's registered office is in Ahmedabad, Gujarat. Its website is iwovs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB/804 – 805 Eastface, Behind Maruti Suzuki Arena Bopal – Ambli Road, Ahmedabad, Gujarat, India – 380058
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Iwovs 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 Iwovs is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Iwovs Private Limited, buy the company report.
Financials of Iwovs Private Limited
FY 2023 filings availableIwovs Private Limited reported revenue of ₹9.37 Cr (up 55% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 99% over three years, including 55% growth in the latest year. EBITDA rose 34% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹9.37 Cr | ||||
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| EBITDA | ₹1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹51.29 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | 5.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Iwovs Private Limited, buy the company report.
Board of directors of Iwovs Private Limited
Iwovs has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshal Ghanshyambhai Patel | Director | 21 Nov 2018 | 7 Years 11 Months | As last reported |
| Cord Henrik Henkel Also directs: Pathenk Holding Private Limited | Director | 03 Apr 2024 | 2 Years 6 Months | As last reported |
| Shashvat Ghanshyambhai Patel | Director | 03 Apr 2024 | 2 Years 6 Months | As last reported |
| Hareshkumar Patel | Director | 10 Jan 2019 | 7 Years 9 Months | As last reported |
Auditor
Iwovs Private Limited is audited by Raj Patel & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Raj Patel & Associates | FY 2023 | 0134690W |
Shareholding
The shareholding of Iwovs 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 Iwovs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Iwovs Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Iwovs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Iwovs Private Limited has a workforce of 51 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Iwovs 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.
To see the full GST registrations and return filing status of Iwovs Private Limited, buy the company report.
Recent activity
Iwovs Private Limited has 6 board changes on record since 2018: 4 appointments and 2 cessations. The latest: Cord Henrik Henkel was appointed as Director on 03 Apr 2024.
Frequently asked questions
Iwovs has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Iwovs was a private limited company based in Ahmedabad, Gujarat, India. The company worked in engineering design and consultancy, within the engineering industry. It was incorporated on 21 November 2018 and is registered under CIN U72900GJ2018PTC105250. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Iwovs is U72900GJ2018PTC105250. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iwovs had 4 directors:
- Harshal Ghanshyambhai Patel - Director
- Cord Henrik Henkel - Director
- Shashvat Ghanshyambhai Patel - Director
- Hareshkumar Patel - Director
Iwovs was incorporated on 21 November 2018. It is registered with the Registrar of Companies, Ahmedabad.
Iwovs can be reached through the website iwovs.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Iwovs is at B804 – 805 Eastface, Behind Maruti Suzuki Arena Bopal – Ambli Road, Ahmedabad, Gujarat, India – 380058.
The latest financial statements of Iwovs on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
No. Iwovs has 2 GST registrations on record and all of them are cancelled or inactive.
Iwovs operated in the engineering industry, in the engineering design and consultancy segment.