Issac Technologies Private Limited

Provides IT services and software development for financial institutions, accredited by ISO 9001:2008.

2006 | Midnapore, West Bengal (India) | Active
Last Updated: December 10, 2024

Issac Technologies Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.46 M
  • Company Age 18 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.21 Cr
  • Revenue Growth 5.42%
  • Profit Growth -86.28%
  • Ebitda -17.91%
  • Net Worth 3.61%
  • Total Assets 19.67%

About Issac Technologies

Issac Technologies Private Limited (ITPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 November 2006 and has a history of 18 years and two months. Its registered office is in Midnapore, West Bengal, 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 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.46 M.

The company currently has active open charges totaling ₹1.21 Cr.

Tridib Jana, Rajib Jana, and Michael Gomes serve as directors at the Company.

Company Details

  • Location

    Midnapore, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200WB2006PTC111952

  • Company No.

    111952

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Nov 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Information Technology

What products or services does Issac Technologies Private Limited offer?

Issac Technologies Private Limited offers a wide range of products and services, including Software Development & IT Consultant, Software Consulting Service.

Who are the key members and board of directors at Issac Technologies?

Board Members (3)

Name Designation Appointment Date Status
Tridib Jana Country flag representing In Whole-Time Director 28-Nov-2006 Current
Rajib Jana Country flag representing In Whole-Time Director 28-Nov-2006 Current
Michael Gomes Country flag representing In Director 05-Dec-2014 Current

Financial Performance of Issac Technologies.

Issac Technologies Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 5.42% increase. The company also saw a substantial fall in profitability, with a 86.28% decrease in profit. The company's net worth moved up by a moderate rise of 3.61%.

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
5.42%
Revenue from Operations
2.08%
Total Assets
19.67%
Profit or Loss
-86.28%
Net Worth
3.61%
EBITDA
-17.91%

What is the Ownership and Shareholding Structure of Issac Technologies?

In 2017, Issac Technologies 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

₹12.07 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 1.21 Cr

Latest Charge Details

Date Lender Amount Status
06 Feb 2024 Standard Chartered Bank ₹2.50 M Open
31 Jan 2024 Standard Chartered Bank ₹9.57 M Open

How Many Employees Work at Issac Technologies?

Issac Technologies has a workforce of 23 employees as of Apr 09, 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 Issac Technologies, 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 Issac Technologies'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 Issac Technologies

Recent activity within the organization

  • Annual General Meeting

    Issac Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Issac Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 2.50 M with Charge ID 100923539 was registered on 06 Feb 2024.

    06 Feb 2024

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 9.57 M with Charge ID 100892007 was registered on 31 Jan 2024.

    31 Jan 2024

  • Director Appointment

    Michael Lucas Gomes was appointed as a Director was appointed as a Director on 05 Dec 2014 & has been associated with this company since 10 years 1 month .

    05 Dec 2014

  • Director Appointment

    Tridib Kumar Jana was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 28 Nov 2006 & has been associated with this company since 18 years 2 months .

    28 Nov 2006

Frequently asked questions

  • Issac Technologies Private Limited was incorporated on 28 Nov 2006.

  • The authorized share capital of Issac Technologies Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.46 M.

  • Currently 3 directors are associated with Issac Technologies Private Limited.

    • Tridib Kumar Jana
    • Rajib Kumar Jana
    • Michael Lucas Gomes
  • As per Ministry of Corporate Affairs (Mca), the registered address of Issac Technologies Private Limited is Kumarpur, Junput Road P.O. India, Contai, West Bengal, 721401.

  • The corporate identification number (CIN) of Issac Technologies Private Limited is U72200WB2006PTC111952 and the company number is 111952 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Issac Technologies Private Limited is https://www.issac.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Issac Technologies Private Limited has risen by 5.42%.

  • As Per 2022 financial reports, 23 employees are currently employed by Issac Technologies Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Issac Technologies Private Limited has experienced an upsurge of 3.61%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Issac Technologies Private Limited amount to ₹ 1.21 Cr.

  • The most recent Balance Sheet for Issac Technologies Private Limited was filed with the ROC on 31 Mar 2024.