Ignis Technology Solutions Private Limited - Due diligence report

A 360° intelligence report on Ignis Technology Solutions Private Limited: trust score, financial health, credit view, compliance, directors,…

2005-01-20 Bangalore, Karnataka Active Unlisted Active Compliant
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IT Ignis Technology Solutions Private Limited
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Ignis Technology Solutions Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
48/100
Trust Score
Caution Indicated

Ignis Technology Solutions Private Limited is assessed as Caution Indicated with a Trust Score of 48/100. Ignis Technology Solutions Private Limited is an active private limited indian non-government company incorporated in 2005, operating in the Information Technology sector. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 16 Jul 2026 from the latest processed filings. Ignis Technology Solutions Private Limited snapshot & full profile →

Financial Health › Caution
Overall Assessment CautionWeakNeutralGoodStrong Neutral
Compliance › Weak

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreCaution Indicated
48/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
38/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
5/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
40/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
50/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
45/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 40/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.

Charges position: 1 open (30.00 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
United Bank Of India1 48.0 cr
Compliance Score: 38/100 Caution Indicated
  • Company status is Active as per MCA.
  • Last balance sheet is for Mar 2022 - filings overdue.
  • Flagged by authority: BANKS.
  • Litigation present in 1 court forum(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
HARA PRASAD MOHAPATRA 01234567 Director 01/04/2018 6 yrs Approved
NIHAR RANJAN SAMANTARA 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2015)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2022 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Ignis Technology Solutions Usa Inc. Texas Subsidiary Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 50 · Distress 45
Growth signals & trust indicators
Operating for 21+ years.
Active EPFO - real payroll on record.
Distress signals & risk flags
Revenue declined year-on-year.
Negative net worth.
Statutory filings appear overdue.
Compliance score is weak (38/100).
1 open charge(s) registered - assets are encumbered.
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence43/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment29/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 1 open charge(s) of 30.00 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view34/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2022
Last AGM held
Annual general meeting
31 Mar 2022
Latest balance sheet
Filed with ROC
27 Jul 2015
Director ceased
SHIBA PRASAD MISHRA
04 Mar 2011
Director ceased
PADMANABHA RAJU INDUKURI
Director ceased
VISHNUKUMAR RAJU PENMETSA
28 Oct 2010
Director appointed
HARA PRASAD MOHAPATRA (Director)
29 Sep 2010
Charge created
United Bank Of India - 30.00 cr
27 Apr 2010
Director ceased
DHANANJAYA RAYADU RAMADURGAM
30 Sep 2008
Director ceased
PRAHALAD RAI AGIWAL
Director ceased
NIHAR RANJAN SAMANTARA
30 Apr 2008
Director ceased
SAMBIT KUMAR NAYAK
Director ceased
GAUTAM CHANDRA DAS
29 Apr 2008
Director appointed
NIHAR RANJAN SAMANTARA (Director)
06 Nov 2007
Director ceased
NALINI RANJAN MOHANTY
20 Jan 2005
Incorporated
Registered with Roc Bangalore
10

Key Observations

Auto-generated from the data above
Revenue grew 38% over the last 4 financial year(s).
2 active director(s) / partner(s); board looks stable and experienced.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2022 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
9 overseas direct investment(s) (ODI) on record - international footprint.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Navikaran Infotech Private Limited U74110DL2012PTC241326 Delhi, Delhi, India
Nuacem U72900TG2018PTC128710 Hyderabad, Telangana, India
Aanandam Gems & Jewels Private Limited U36911DL2010PTC208080 Delhi, Delhi, India
Tootle Software U74999WB2017PTC220703 Kolkata, West Bengal, India
Renown Analytics It Solutions Private Limited U72200TG2013PTC087325 Ameerpet, Telangana, India
Iditri Infovision Private Limited U72200HR2011PTC041809 Gurgaon, Haryana, India
Innvo Systems Software Labs Private Limited U72200KA2003PTC031495 Bangalore, Karnataka, India
Indgeos Geospatial Technologies Private Limited U72900HR2018PTC076445 Gurugram, Haryana, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Ignis Technology Solutions Private Limited before audits and certifications: compliance score 38/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Ignis Technology Solutions Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score 40/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 50/100, margin trends, ownership structure and peer set for Ignis Technology Solutions Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 48/100, distress signals and MSME payment-delay disclosures - know whether Ignis Technology Solutions Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Ignis Technology Solutions Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Ignis Technology Solutions Private Limited an active company?

Ignis Technology Solutions Private Limited has MCA status “Active” with a compliance score of 38/100 (Caution Indicated).

Is Ignis Technology Solutions Private Limited financially healthy?

Ignis Technology Solutions Private Limited has a Financial Health Score of 5/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Ignis Technology Solutions Private Limited?

Its overall Trust Score is 48/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Ignis Technology Solutions Private Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 2 active director(s) are on record.

Does Ignis Technology Solutions Private Limited have loans or charges against its assets?

1 open charge(s) are registered against its assets.

Is Ignis Technology Solutions Private Limited up to date with its ROC filings?

Last balance sheet is for Mar 2022 - filings overdue. Overall compliance score: 38/100 (Caution Indicated).

Is it risky to lend to Ignis Technology Solutions Private Limited?

Its Credit Risk Score is 40/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.