Incedo Technology Solutions Limited

Professional service company providing software development, BPO, and computer hardware trading globally.

2011 | Delhi (India) | Active
Last Updated: January 05, 2025

Incedo Technology Solutions Profile

Key Indicators

  • Authorised Capital ₹ 5.50 M
  • Paid Up Capital ₹ 1.02 M
  • Company Age 13 Year, 8 Months
  • Last Filing with ROC 31 Dec 2023
  • Open Charges ₹ 52.00 K
  • Satisfied Charges ₹ 10.56 Cr
  • Revenue Growth 6.95%
  • Profit Growth 64.57%
  • Ebitda 35.51%
  • Net Worth 37.80%
  • Total Assets 9.26%

About Incedo Technology Solutions

Incedo Technology Solutions Limited (ITSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 May 2011 and has a history of 13 years and eight months. Its registered office is in Delhi, India.

The Corporate was formerly known as Indiabulls Technology Solutions Limited. 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 December 2023. It's a company limited by shares with an authorized capital of Rs 5.50 M and a paid-up capital of Rs 1.02 M.

The company currently has active open charges totaling ₹52,000.00. The company has closed loans amounting to ₹10.56 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ritu Govil, Puneet Baghla, and Kumar Ashish serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200DL2011PLC220071

  • Company No.

    220071

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 May 2011

  • Date of AGM

    29 Jun 2024

  • Date of Balance Sheet

    31 Dec 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Information Technology
Business Outsourcing

Who are the key members and board of directors at Incedo Technology Solutions?

Board Members (3)

Name Designation Appointment Date Status
Ritu Govil Country flag representing In Additional Director 29-Aug-2024 Current
Puneet Baghla Additional Director 22-Jul-2024 Current
Kumar Ashish Additional Director 29-Aug-2024 Current

Financial Performance of Incedo Technology Solutions.

Incedo Technology Solutions Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.95% increase. The company also saw a substantial improvement in profitability, with a 64.57% increase in profit. The company's net worth Soared by an impressive increase of 37.8%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
6.95%
Revenue from Operations
7.24%
Total Assets
9.26%
Profit or Loss
64.57%
Net Worth
37.80%
EBITDA
35.51%

What is the Ownership and Shareholding Structure of Incedo Technology Solutions?

In 2022, Incedo Technology Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.05 M

Satisfied Charges

₹105.61 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.01 Cr

Latest Charge Details

Date Lender Amount Status
19 Aug 2014 Hdfc Bank Limited ₹0.05 M Open
29 Oct 2015 Hdfc Bank Limited ₹5.61 M Satisfied
26 Mar 2014 The Ratnakar Bank Limited ₹10.00 Cr Satisfied

How Many Employees Work at Incedo Technology Solutions?

Incedo Technology Solutions has a workforce of 2956 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Incedo Technology 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 Incedo Technology Solutions's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Incedo Technology Solutions

Recent activity within the organization

  • Director Appointment

    Ritu Govil was appointed as a Additional Director was appointed as a Additional Director on 29 Aug 2024 & has been associated with this company since 5 months 11 days .

    29 Aug 2024

  • Director Appointment

    Kumar Ashish was appointed as a Additional Director was appointed as a Additional Director on 29 Aug 2024 & has been associated with this company since 5 months 11 days .

    29 Aug 2024

  • Director Appointment

    Puneet Kumar Baghla was appointed as a Additional Director was appointed as a Additional Director on 22 Jul 2024 & has been associated with this company since 6 months 19 days .

    22 Jul 2024

  • Annual General Meeting

    Incedo Technology Solutions Limited last Annual general meeting of members was held on 29 Jun 2024 as per latest MCA records.

    29 Jun 2024

  • Balance Sheet

    Incedo Technology Solutions Limited has filed its annual Financial statements for the year ended 31 Dec 2023 with Roc Delhi.

    31 Dec 2023

  • Charges

    A charge registered on 29 Oct 2015 via Charge ID 100031147 with Hdfc Bank Limited was fully satisfied on 26 Dec 2018.

    26 Dec 2018

Frequently asked questions

  • Incedo Technology Solutions Limited was incorporated on 31 May 2011.

  • The authorized share capital of Incedo Technology Solutions Limited is ₹ 5.50 M and paid-up capital is ₹ 1.02 M.

  • Currently 3 directors are associated with Incedo Technology Solutions Limited.

    • Ritu Govil
    • Puneet Kumar Baghla
    • Kumar Ashish
  • As per Ministry of Corporate Affairs (Mca), the registered address of Incedo Technology Solutions Limited is A-47, Lower Ground Floor Hauz Khas India, New Delhi, 110016.

  • The corporate identification number (CIN) of Incedo Technology Solutions Limited is U72200DL2011PLC220071 and the company number is 220071 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Incedo Technology Solutions Limited is https://www.incedoinc.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Incedo Technology Solutions Limited has risen by 6.95%.

  • As Per 2023 financial reports, 2956 employees are currently employed by Incedo Technology Solutions Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Incedo Technology Solutions Limited has experienced an upsurge of 37.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Incedo Technology Solutions Limited amount to ₹ 52.00 K .

  • The most recent Balance Sheet for Incedo Technology Solutions Limited was filed with the ROC on 31 Dec 2023.

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