Izzardtech Solutions Private Limited
About Izzardtech Solutions Private Limited
Data last updated:
Izzardtech Solutions Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 01 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2018PTC102110.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kishankumar Prafulbhai Kachchhi and Prafullbhai Svjibhai Kachchhi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No. 2 Parth Apprt Sahyog H.Society Sumul Dairy Station Road Barfiwala Clg., Surat, Gujarat, India – 395004.
As per the financials filed for FY 2024, the company reported a revenue of ₹83,359, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹51,003 (net margin -61.2%) and EBITDA of -₹44,146 (EBITDA margin -53%). Revenue has grown at a compounded annual rate (CAGR) of 29% over five years.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressShop No. 2 Parth Apprt Sahyog H.Society Sumul Dairy Station Road Barfiwala Clg., Surat, Gujarat, India – 395004
- IndustryInformation Technology, Other Computer Related Activities
- 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 Izzardtech Solutions Private Limited
The main business activity of Izzardtech Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Izzardtech Solutions Private Limited FY 2024 filings available
Izzardtech Solutions Private Limited reported revenue of ₹83,359 (up 727% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Izzardtech Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 727% growth in the latest year. EBITDA rose 93% 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 of Izzardtech Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹44,146 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹51,003 | •••• | •••• | •••• | •••• |
| 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 Izzardtech Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -53% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -61.2% | •••• | •••• | •••• | •••• |
| 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 Izzardtech Solutions are in the company report.
Financial statements from FY 2019
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 Izzardtech Solutions Private Limited
Izzardtech 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). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Stu Innovations Private Limited | •••• | •••• | •••• | •••• | - | Tiruvannamalai, Tamil Nadu, India |
| Cloudsoft Technology Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Kayast Infotech Private Limited | •••• | •••• | •••• | •••• | - | Ludhiana, Punjab, India |
| Gigworks Tech Services Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Iterative Zero Digital Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Izzardtech Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Avyakth Software Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Lapenton Technologies Private Limited | •••• | •••• | •••• | •••• | - | Ernakulam, Kerala, India |
| Dealfry Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Tuplesoft Technologies (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Atom Bi Solutions Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Izzardtech Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Izzardtech Solutions Private Limited
Izzardtech Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishankumar Prafulbhai Kachchhi | Director | 01 May 2018 | 8 Years 5 Months | Current |
| Prafullbhai Svjibhai Kachchhi | Director | 01 May 2018 | 8 Years 5 Months | Current |
| Prerak Jigneshbhai Bhalala | Director | 21 Jun 2021 | 5 Years 3 Months | Current |
Ownership and Shareholding of Izzardtech Solutions 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 Izzardtech Solutions Private Limited
Izzardtech Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Izzardtech Solutions Private Limited
Employment history and EPFO contributions of people linked to Izzardtech Solutions.
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 Izzardtech Solutions Private Limited
Izzardtech Solutions Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Prerak Jigneshbhai Bhalala was appointed as Director on 21 Jun 2021.
Credit Ratings, Litigation & Regulatory Alerts for Izzardtech Solutions 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 Izzardtech Solutions 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 Izzardtech Solutions 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 Izzardtech Solutions Private Limited
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 Izzardtech Solutions 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 Izzardtech Solutions Private Limited
Izzardtech Solutions is an active private limited company based in Surat, Gujarat, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 01 May 2018 (8+ years old) and is registered under CIN U72900GJ2018PTC102110.
Izzardtech Solutions reported revenue of ₹83,359 for FY 2024 (up 727% YoY).
Izzardtech Solutions has 3 current directors:
- Kishankumar Prafulbhai Kachchhi - Director
- Prafullbhai Svjibhai Kachchhi - Director
- Prerak Jigneshbhai Bhalala - Director
Izzardtech Solutions reported a net loss of ₹51,003 (net margin -61.2%) and EBITDA of -₹44,146 (EBITDA margin -53%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Izzardtech Solutions is 29% over five years. In the latest year (FY 2024) revenue rose 727%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Izzardtech Solutions is U72900GJ2018PTC102110. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Izzardtech Solutions was incorporated on 01 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Izzardtech Solutions by revenue are Stu Innovations Private Limited, Cloudsoft Technology Private Limited, Kayast Infotech Private Limited, Gigworks Tech Services Private Limited, Iterative Zero Digital Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Prerak Jigneshbhai Bhalala was appointed as Director on 21 Jun 2021. Kishankumar Prafulbhai Kachchhi was appointed as Director on 01 May 2018. Prafullbhai Svjibhai Kachchhi was appointed as Director on 01 May 2018.
The registered office of Izzardtech Solutions is at Shop No. 2 Parth Apprt Sahyog H.Society Sumul Dairy Station Road Barfiwala Clg., Surat, Gujarat, India – 395004.
Izzardtech Solutions has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.