Ivorysense Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U51109KA2011PTC056772 Incorporated 21 January 2011 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology MSME · Small
Data last updated
Revenue · FY 2025
₹4.68 Cr
▲ 60% YoY
Net profit · FY 2025
₹28.8 Lakh
Net margin 6.2%
EBITDA · FY 2025
₹42.57 Lakh
EBITDA margin 9.1%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1.22 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
4
Provident fund records
Directors on board
2
As per MCA filings

About Ivorysense Private Limited

Data last updated:

Ivorysense Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 21 January 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51109KA2011PTC056772. Its GSTIN is 29AACCH5792B1ZI (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.22 Lakh. It was formerly known as Huddle N Deal E-Commerce Private Limited and Ivoryedge Technology Services Private Limited. It is led by directors Sunitha Rao and Sumanth Vagata Sarangapani.

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 No. 1741 Ground Floor 9th Cross J P Nagar 2nd Phase, Bangalore, Karnataka, India – 560078.

As per the financials filed for FY 2025, the company reported a revenue of ₹4.68 Cr, a growth of 60% compared to the previous year. For the same year it recorded a net profit of ₹28.8 Lakh (net margin 6.2%) and EBITDA of ₹42.57 Lakh (EBITDA margin 9.1%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 13% over five years.

The company has about 4 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: IvoryEdge and Ivorysense. Court records list 7 cases involving the company, including 7 filed against it; 2 cases are pending.

Ivorysense Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0063006). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ivorysense.com.

Company details

CIN U51109KA2011PTC056772
Registration Number 056772
Incorporation Date 21 January 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0063006

Name history

Ivorysense has undergone 2 name changes throughout its history. The company was previously known as Huddle N Deal E-Commerce Private Limited, and Ivoryedge Technology Services Private Limited. The current legal name is Ivorysense Private Limited.

Company NameStatus
Ivorysense Private LimitedCurrent
Huddle N Deal E-Commerce Private LimitedPrevious
Ivoryedge Technology Services Private LimitedPrevious

Recognitions & Rankings of Ivorysense

MSME (Udyam registered) Ministry of MSME
Category
Small (2022-23)
Udyam number
UDYAM-KR-03-0063006

Contact details

Ivorysense Private Limited's registered office is in Bangalore, Karnataka. Its website is ivorysense.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No. 1741 Ground Floor 9th Cross J P Nagar 2nd Phase, Bangalore, Karnataka, India – 560078
  • Industry
    Information Technology, Electronic Components & Equipment Manufacturing

To see the full contact details of Ivorysense Private Limited, buy the company report.

Comprehensive company report
Ivorysense Private Limited - one report that includes everything
  • 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
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Brands

Ivorysense operates two associated brands: IvoryEdge and Ivorysense. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers automation and IoT solutions for residential and commercial spaces.ivoryedge.com
Design and build services for signature spaces across retail, offices, and infrastructure sectors.ivorysense.com

Business activity

The main business activities of Ivorysense are trade and professional, scientific and technical. In detail, this covers retail trading and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Ivorysense Private Limited, buy the company report.

Financials of Ivorysense Private Limited

FY 2024 filings available

Ivorysense Private Limited reported revenue of ₹4.68 Cr (up 60% YoY) for FY 2025.

Revenue · FY 2025
₹4.68 Cr ▲ 60%
Net profit · FY 2025
₹28.8 Lakh margin 6.2%
EBITDA · FY 2025
₹42.57 Lakh margin 9.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 60%
3 years · compounded
▲ 23%
5 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▲ 987%
3 years · compounded
▲ 33%
5 years · compounded
▲ 16%

Revenue rose 60% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 13%. EBITDA rose 987% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹42.57 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹28.8 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin9.1%
Net Profit Margin6.2%
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

To see the full financial statements and ratios of Ivorysense Private Limited, buy the company report.

Board of directors of Ivorysense Private Limited

Ivorysense has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sunitha RaoDirector05 Mar 20224 Years 7 MonthsCurrent
Sumanth Vagata SarangapaniDirector21 Jan 201115 Years 9 MonthsCurrent

Auditor

Ivorysense Private Limited is audited by ASHOK & VANRAJ for the financial year 2023.

Auditor firmFinancial yearFirm registration number
ASHOK & VANRAJFY 2023014386S

Shareholding

The shareholding of Ivorysense 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ivorysense Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ivorysense Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Ivorysense Private Limited has a workforce of 4 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
4
Active EPFO establishments
1
Employee growth
-33.33%

GST

Ivorysense has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AACCH5792B1ZIKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Ivorysense Private Limited, buy the company report.

Recent activity

Ivorysense Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Sunitha Rao was appointed as Director on 05 Mar 2022.

AGM
Ivorysense Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ivorysense Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Sunitha Rao was appointed as Director.
Ceased
Samartha Raghava Nagabhushanam ceased to be Director.
Ceased
Venugopalreddy Kiran ceased to be Additional Director.
Appointed
Sumanth Vagata Sarangapani was appointed as Director.
Incorporation
21 Jan 2011
Ivorysense Private Limited was registered on 21 Jan 2011 with Roc Bangalore & aged 15 years 9 months as per MCA records.

Frequently asked questions

Ivorysense is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 21 January 2011 (15+ years old) and is registered under CIN U51109KA2011PTC056772.

Ivorysense has 2 current directors:

The latest financial statements of Ivorysense 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 Ivorysense is 29AACCH5792B1ZI, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Ivorysense is U51109KA2011PTC056772. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ivorysense has 7 court cases on record: 7 filed against it. 2 are pending.

Ivorysense was incorporated on 21 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.

Sunitha Rao was appointed as Director on 05 Mar 2022. Samartha Raghava Nagabhushanam ceased to be Director on 10 Oct 2018. Venugopalreddy Kiran ceased to be Additional Director on 28 Sep 2017. Ivorysense has 4 board changes on record in total.

Yes, Ivorysense is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0063006).

Ivorysense can be reached through the website ivorysense.com. Its registered office is in Bangalore, Karnataka, India.