- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0026515

About I-Sourcing Technologies Private Limited
Data last updated:
I-Sourcing Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the online auction platforms segment of the e-commerce sector. It was incorporated on 26 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2014PTC080591. Its GSTIN is 24AADCI6126P1ZB (Gujarat). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.94 Cr. It is led by directors including Vishal Balkrishna Dhori and Palak Nileshbhai Shah.
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 603 Shikhar Complex Srimali Society, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.73 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹3.97 Cr (net margin 9.5%) and EBITDA of ₹6.68 Cr (EBITDA margin 16%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 27% over five years.
The company has about 178 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tender 247. As per MCA filings, the company has open charges of ₹6.51 Cr and satisfied charges of ₹2.41 Cr on record. Court records list 6 cases involving the company, including 6 filed against it.
I-Sourcing Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0026515). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tender247.com.
Company details
Recognitions & Rankings of I-Sourcing Technologies
Contact details
I-Sourcing Technologies Private Limited's registered office is in Ahmedabad, Gujarat. Its website is tender247.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address603 Shikhar Complex Srimali Society, Ahmedabad, Gujarat, India – 380009
- IndustryE-Commerce, Online Auction Platforms
To see the full contact details of I-Sourcing Technologies 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
Brands
I-Sourcing Technologies operates one associated brand: Tender 247. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Tender 247 was founded in 2014 in Ahmedabad, India. | tender247.com |
Business activity
The main business activity of I-Sourcing Technologies 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 I-Sourcing Technologies Private Limited, buy the company report.
Financials of I-Sourcing Technologies Private Limited
FY 2024 filings availableI-Sourcing Technologies Private Limited reported revenue of ₹41.73 Cr (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 31% growth in the latest year. EBITDA rose 115% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.68 Cr | ||||
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| Net Profit (PAT) | ₹3.97 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 16% | ||||
| Net Profit Margin | 9.5% | ||||
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To see the full financial statements and ratios of I-Sourcing Technologies Private Limited, buy the company report.
Board of directors of I-Sourcing Technologies Private Limited
I-Sourcing Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Balkrishna Dhori | Director | 15 Oct 2016 | 10 Years 0 Months | Current |
| Palak Nileshbhai Shah | Director | 15 Oct 2016 | 10 Years 0 Months | Current |
| Pankaj Nathalal Modi | Director | 26 Aug 2014 | 12 Years 2 Months | Current |
Auditor
I-Sourcing Technologies Private Limited is audited by PIYUSH J.SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PIYUSH J.SHAH & CO. | FY 2023 | 121172W |
Shareholding
The shareholding of I-Sourcing Technologies 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 I-Sourcing Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2024 | 101018452 | Others | ₹2.55 Cr | Open | |
| 28 Oct 2024 | 100996769 | Hdfc Bank Limited | ₹12 Lakh | Open | |
| 19 Mar 2024 | 100898034 | Hdfc Bank Limited | ₹11.37 Lakh | Open | |
| 17 May 2022 | 100572146 | Others | ₹2 Cr | Open | |
| 04 Dec 2021 | 100543779 | Hdfc Bank Limited | ₹7 Lakh | Open |
To see the full charge records of I-Sourcing Technologies Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
I-Sourcing Technologies Private Limited has 6 court cases on record: 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 5 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by M/S Sisl Infotech Private Limited | Disposed |
| High Court, JHARKHAND | Writ petition | Filed against the company by Jalan Carbons and Chemicals Private Limited Through Its Authorized Representative Satnam Singh | Disposed |
| High Court, JHARKHAND | Writ petition | Filed against the company by Bhilai Chemical Private Limited Represented Through Its Director Jagarnath Sahu | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by E Procurement Technologies Ltd., | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by E-Procurement Technologies Ltd. | Disposed |
To see the full case history of I-Sourcing Technologies 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 I-Sourcing Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
I-Sourcing Technologies Private Limited has a workforce of 178 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
I-Sourcing Technologies has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCI6126P1ZB | Gujarat | Active | 01 Jul 2017 |
| 24AADCI6126P1CM | Gujarat | Active | 25 Aug 2022 |
| 20AADCI6126P1CU | Jharkhand | Active | 19 Oct 2022 |
To see the full GST registrations and return filing status of I-Sourcing Technologies Private Limited, buy the company report.
Recent activity
I-Sourcing Technologies Private Limited has 4 board changes on record since 2014: 3 appointments and 1 cessation. The latest: Hinaben Pankaj Modi ceased to be Director on 06 Jan 2018.
5 earlier events are in the company report.
Frequently asked questions
I-Sourcing Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in online auction platforms, within the e-commerce industry. It was incorporated on 26 August 2014 (12+ years old) and is registered under CIN U74140GJ2014PTC080591.
I-Sourcing Technologies has 3 current directors:
- Vishal Balkrishna Dhori - Director
- Palak Nileshbhai Shah - Director
- Pankaj Nathalal Modi - Director
The latest financial statements of I-Sourcing Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of I-Sourcing Technologies is 24AADCI6126P1ZB, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 24AADCI6126P1CM (Gujarat), 20AADCI6126P1CU (Jharkhand).
The CIN (Corporate Identification Number) of I-Sourcing Technologies is U74140GJ2014PTC080591. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
I-Sourcing Technologies has 6 court cases on record: 6 filed against it. Most are in the high courts.
I-Sourcing Technologies was incorporated on 26 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hinaben Pankaj Modi ceased to be Director on 06 Jan 2018. Palak Nileshbhai Shah was appointed as Director on 15 Oct 2016. Vishal Balkrishna Dhori was appointed as Director on 15 Oct 2016. I-Sourcing Technologies has 4 board changes on record in total.
Yes, I-Sourcing Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0026515).
I-Sourcing Technologies can be reached through the website tender247.com. Its registered office is in Ahmedabad, Gujarat, India.