Idea Infinity It Solutions Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 8.70 Cr
- Company Age 16 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 71.20 Cr
- Satisfied Charges ₹ 3.00 M
- Revenue Growth 32.24%
- Profit Growth 37.04%
- Ebitda 9.74%
- Net Worth 31.08%
- Total Assets 20.02%
About Idea Infinity It Solutions
Idea Infinity It Solutions Private Limited (IIISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 December 2008 and has a history of 16 years and four months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 12.00 Cr and a paid-up capital of Rs 8.70 Cr.
The company currently has active open charges totaling ₹71.20 Cr. The company has closed loans amounting to ₹3.00 M, as per Ministry of Corporate Affairs (MCA) records.
Manjappa Naik, Halappa Yashoda, Chikka Deepak, and Five other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72900KA2008PTC048690
- Company No.
048690
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Dec 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Information Technology
What products or services does Idea Infinity It Solutions Private Limited offer?
Idea Infinity It Solutions Private Limited offers a wide range of products and services, including Warehouses and Warehousing Agents, Warehousing Management Services, Software Development & IT Consultant, Software Consulting Service, IT, Networking & Automation Solution, IT Consultancy, Resource Management Systems, IT Infrastructure Solution, SEO Consultation Service, SEO Solution.
Idea Infinity It Solutions Private Limited
Explore comprehensive data for Idea Infinity It Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Idea Infinity It Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramesh Subbarao  | Managing Director | 12-Aug-2011 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manjappa Naik | Director | 23-Dec-2008 | Current |
| Halappa Yashoda | Director | 23-Dec-2008 | Current |
| Chikka Deepak | Director | 23-Dec-2008 | Current |
| Keelambi Rajesh | Director | 23-Dec-2008 | Current |
| Mathikoppa Manjunatha | Director | 24-Jun-2015 | Current |
| Mandagere Vinaya | Director | 07-Oct-2015 | Current |
Financial Performance of Idea Infinity It Solutions.
Idea Infinity It Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.24% increase. The company also saw a substantial improvement in profitability, with a 37.04% increase in profit. The company's net worth Soared by an impressive increase of 31.08%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Idea Infinity It Solutions?
In 2023, Idea Infinity It Solutions had a promoter holding of 96.25% and a public holding of 3.75%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Keelambi Media Lab Private LimitedKeelambi Rajesh is a mutual person
Devsys Embedded Technologies Private LimitedChikka Deepak, Ramesh Subbarao and 1 more are mutual person
Virtualtech Health Clinics Private LimitedChikka Deepak, Ramesh Subbarao and 1 more are mutual person
- Xmatic Innovations Private Limited
Keelambi Rajesh is a mutual person
- Harrier Infrastructure Private Limited
Chethan Halappa is a mutual person
Charges (Loans)
Open Charges
₹71.20 Cr
Satisfied Charges
₹0.30 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 49.20 Cr
- Karnataka Bank Ltd. : 22.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Dec 2019 | Axis Bank Limited | ₹49.20 Cr | Open |
| 26 Jun 2015 | Karnataka Bank Ltd. | ₹22.00 Cr | Open |
| 06 Apr 2021 | Axis Bank Limited | ₹3.00 M | Satisfied |
How Many Employees Work at Idea Infinity It Solutions?
Idea Infinity It Solutions has a workforce of 2391 employees as of Nov 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Idea Infinity It Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Idea Infinity It Solutions's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Idea Infinity It Solutions
Recent activity within the organization
- Charges
A charge registered on 06 Apr 2021 via Charge ID 100449395 with Axis Bank Limited was fully satisfied on 03 Apr 2024.
- Charges
A charge with Karnataka Bank Ltd. of Rs. 22.00 Cr registered on 26 Jun 2015 with Charge ID 10580793 was modified on 20 Oct 2023.
- Annual General Meeting
Idea Infinity It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Idea Infinity It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Charges
A charge with Axis Bank Limited of Rs. 49.20 Cr registered on 04 Dec 2019 with Charge ID 100311878 was modified on 06 Aug 2021.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100449395 was registered on 06 Apr 2021.
Frequently asked questions
What is the Incorporation or founding date of Idea Infinity It Solutions Private Limited?
Idea Infinity It Solutions Private Limited was incorporated on 23 Dec 2008.
What is authorized share capital and paid-up capital of Idea Infinity It Solutions Private Limited?
The authorized share capital of Idea Infinity It Solutions Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 8.70 Cr.
Who are the current board members & directors of Idea Infinity It Solutions Private Limited?
Currently 8 directors are associated with Idea Infinity It Solutions Private Limited.
- Manjappa Hiriya Naik
- Halappa Yashoda
- Chikka Revanna Deepak
- Keelambi Subbarao Rajesh
- Ramesh Keelambi Subbarao
- Mathikoppa Manjunatha
- Mandagere Chandrashekar Vinaya
- Chethan Kumar Halappa
What is the registered address of Idea Infinity It Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Idea Infinity It Solutions Private Limited is Ubiquity No. 117, Infantry Road Shivajinagar India, Bengaluru, Karnataka, 560001.
What is the corporate identification number (CIN) and company number of Idea Infinity It Solutions Private Limited?
The corporate identification number (CIN) of Idea Infinity It Solutions Private Limited is U72900KA2008PTC048690 and the company number is 048690 as per Ministry of Corporate Affairs (MCA).
What is the official website of Idea Infinity It Solutions Private Limited?
The Official website of Idea Infinity It Solutions Private Limited is https://www.ideainfinityit.com
What has been the recent revenue trend for Idea Infinity It Solutions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Idea Infinity It Solutions Private Limited has risen by 32.24%.
How many employees does Idea Infinity It Solutions Private Limited currently have?
As Per 2023 financial reports, 2391 employees are currently employed by Idea Infinity It Solutions Private Limited.
What change has been observed in the net worth of Idea Infinity It Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Idea Infinity It Solutions Private Limited has experienced an upsurge of 31.08%.
What are the total open charges for Idea Infinity It Solutions Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Idea Infinity It Solutions Private Limited amount to ₹ 71.20 Cr.
When was the last Balance Sheet of Idea Infinity It Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Idea Infinity It Solutions Private Limited was filed with the ROC on 31 Mar 2023.
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