Isit Office Space Solution Private Limited

Manufactures office furniture with European technology for top clients.

2018 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Isit Office Space Solution Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.95 Cr
  • Satisfied Charges ₹ 1.08 Cr
  • Revenue Growth 98.31%
  • Profit Growth 136.68%
  • Ebitda 75.45%
  • Net Worth 64.21%
  • Total Assets 37.64%

About Isit Office Space Solution

Isit Office Space Solution Private Limited (IOSSPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 May 2018 (Six years and nine months 4 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Consumer Electronics & Durables 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹3.95 Cr. The company has closed loans amounting to ₹1.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kingshuk Gon and Suchita Choudhury serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    isitindia.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36999KA2018PTC113304

  • Company No.

    113304

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 May 2018

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Isit Office Space Solution?

Board Members (2)

NameDesignationAppointment DateStatus
Suchita Choudhury Country flag representing In Director 21-May-2018Current
Kingshuk Gon Country flag representing In Director 21-May-2018Current

Financial Performance of Isit Office Space Solution.

Isit Office Space Solution Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 98.31% increase. The company also saw a substantial improvement in profitability, with a 136.68% increase in profit. The company's net worth Soared by an impressive increase of 64.21%.

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
98.31%
Revenue from Operations
98.70%
Total Assets
37.64%
Profit or Loss
136.68%
Net Worth
64.21%
EBITDA
75.45%

What is the Ownership and Shareholding Structure of Isit Office Space Solution?

In 2023, Isit Office Space Solution 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

₹39.50 M

Satisfied Charges

₹10.75 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 3.95 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jun 2024Axis Bank Limited₹2.00 CrOpen
06 Sep 2023Axis Bank Limited₹1.00 CrOpen
25 Feb 2019Axis Bank Limited₹9.50 MOpen
24 Jul 2023Axis Bank Limited₹6.50 MSatisfied
22 Dec 2021Axis Bank Limited₹4.25 MSatisfied

How Many Employees Work at Isit Office Space Solution?

Isit Office Space Solution has a workforce of 18 employees as of Mar 24, 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 Isit Office Space Solution, 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 Isit Office Space Solution'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 Isit Office Space Solution

Recent activity within the organization

  • Charges

    A charge registered on 24 Jul 2023 via Charge ID 100754120 with Axis Bank Limited was fully satisfied on 29 Jun 2024.

    29 Jun 2024

  • Charges

    A charge registered on 22 Dec 2021 via Charge ID 100517338 with Axis Bank Limited was fully satisfied on 29 Jun 2024.

    29 Jun 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 20.00 M with Charge ID 100942970 was registered on 27 Jun 2024.

    27 Jun 2024

  • Annual General Meeting

    Isit Office Space Solution Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.00 M with Charge ID 100775939 was registered on 06 Sep 2023.

    06 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 6.50 M with Charge ID 100754120 was registered on 24 Jul 2023.

    24 Jul 2023

Frequently asked questions

  • Isit Office Space Solution Private Limited was incorporated on 21 May 2018.

  • The authorized share capital of Isit Office Space Solution Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Isit Office Space Solution Private Limited.

    • Kingshuk Gon
    • Suchita Choudhury
  • As per Ministry of Corporate Affairs (Mca), the registered address of Isit Office Space Solution Private Limited is No.03 Sy. No. 8/4 Smt. Rama And Sri. M. Ramakrishnappa Layout Kere Road, Kachohalli Village India, Bangalore North, Karnataka, 560091.

  • The corporate identification number (CIN) of Isit Office Space Solution Private Limited is U36999KA2018PTC113304 and the company number is 113304 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Isit Office Space Solution Private Limited is https://www.isitindia.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Isit Office Space Solution Private Limited has risen by 98.31%.

  • As Per 2023 financial reports, 18 employees are currently employed by Isit Office Space Solution Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Isit Office Space Solution Private Limited has experienced an upsurge of 64.21%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Isit Office Space Solution Private Limited amount to ₹ 3.95 Cr.

  • The most recent Balance Sheet for Isit Office Space Solution Private Limited was filed with the ROC on 31 Mar 2023.