DPIIT recognised startup Government of India
Startup India
Garagex Innovations Private Limited
Garagex Innovations Private Limited - automotive in Bhopal, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹66.95 Lakh
▲ 21% YoY
Net profit · FY 2025
₹82,917
Net margin 1.2%
EBITDA · FY 2025
₹1.62 Lakh
EBITDA margin 2.4%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Garagex Innovations Private Limited
Data last updated:
Garagex Innovations Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 14 June 2022.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U50400MP2022PTC061316. Its GSTIN is 23AAJCG8408L1ZC (Madhya Pradesh).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Bhuvnesh Sahu and Ganesh Gaikwad.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H No 31 Tagore Nagar Ph – 1 Khajuri Kalan, Bhopal, Madhya Pradesh, India – 462022.
As per the financials filed for FY 2025, the company reported a revenue of ₹66.95 Lakh, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹82,917 (net margin 1.2%) and EBITDA of ₹1.62 Lakh (EBITDA margin 2.4%).
Company details
CIN U50400MP2022PTC061316
Registration Number 061316
Incorporation Date 14 June 2022
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Garagex Innovations
Contact details
Garagex Innovations Private Limited's registered office is in Bhopal, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH No 31 Tagore Nagar Ph – 1 Khajuri Kalan, Bhopal, Madhya Pradesh, India – 462022
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Garagex Innovations Private Limited, buy the company report.
Comprehensive company report
Garagex Innovations Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Garagex Innovations is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Garagex Innovations Private Limited, buy the company report.
Financials of Garagex Innovations Private Limited
FY 2025 filings availableGaragex Innovations Private Limited reported revenue of ₹66.95 Lakh (up 21% YoY) for FY 2025.
Revenue · FY 2025
₹66.95 Lakh ▲ 21%
Net profit · FY 2025
₹82,917 margin 1.2%
EBITDA · FY 2025
₹1.62 Lakh margin 2.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
EBITDA CAGR growth
1 year
▲ 32%
Revenue rose 21% in the latest year. EBITDA rose 32% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.62 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹82,917 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.4% | ||
| Net Profit Margin | 1.2% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Garagex Innovations Private Limited, buy the company report.
Board of directors of Garagex Innovations Private Limited
Garagex Innovations has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhuvnesh Sahu Also directs: Gadirepair.Com Ondoor & Onspot Services LLP, Garagex Spare Parts Private Limited, Garagex Services Private Limited and 1 more | Director | 14 Jun 2022 | 4 Years 4 Months | Current |
| Ganesh Gaikwad Also directs: Gadirepair.Com Ondoor & Onspot Services LLP, Garagex Spare Parts Private Limited, Garagex Services Private Limited and 1 more | Director | 14 Jun 2022 | 4 Years 4 Months | Current |
| Ashish Sahu | Director | 14 Jun 2022 | 4 Years 4 Months | Current |
Auditor
Garagex Innovations Private Limited is audited by JAYANT JAIN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYANT JAIN & CO. | FY 2023 | 019775C |
Shareholding
The shareholding of Garagex Innovations Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Garagex Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Garagex Innovations Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Garagex Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Garagex Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAJCG8408L1ZC | Madhya Pradesh | Active | 04 Nov 2022 |
To see the full GST registrations and return filing status of Garagex Innovations Private Limited, buy the company report.
Recent activity
Garagex Innovations Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Ashish Sahu was appointed as Director on 14 Jun 2022.
AGM
Garagex Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Garagex Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Appointed
Ashish Sahu was appointed as Director.
Appointed
Bhuvnesh Sahu was appointed as Director.
Appointed
Ganesh Gaikwad was appointed as Director.
Incorporation
14 Jun 2022
Garagex Innovations Private Limited was registered on 14 Jun 2022 with Roc Gwalior & aged 4 years 4 months as per MCA records.
Frequently asked questions
Garagex Innovations is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 14 June 2022 (4+ years old) and is registered under CIN U50400MP2022PTC061316.
Garagex Innovations has 3 current directors:
- Bhuvnesh Sahu - Director
- Ganesh Gaikwad - Director
- Ashish Sahu - Director
The latest financial statements of Garagex Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Garagex Innovations is 23AAJCG8408L1ZC, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Garagex Innovations is U50400MP2022PTC061316. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garagex Innovations was incorporated on 14 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Gwalior.
Ashish Sahu was appointed as Director on 14 Jun 2022. Bhuvnesh Sahu was appointed as Director on 14 Jun 2022. Ganesh Gaikwad was appointed as Director on 14 Jun 2022.
Yes, Garagex Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Garagex Innovations is at H No 31 Tagore Nagar Ph – 1 Khajuri Kalan, Bhopal, Madhya Pradesh, India – 462022.
Garagex Innovations operates in the automotive industry, in the auto dealership and trading segment.
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