MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0031115
Innoart Technologies Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1.19 Cr
▼ 13% YoY
Net loss · FY 2023
₹13.88 Lakh
Net margin -11.6%
EBITDA · FY 2023
-₹6.46 Lakh
EBITDA margin -5.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Employees · EPFO
17
Provident fund records
Directors on board
2
As per MCA filings
About Innoart Technologies Private Limited
Data last updated:
Innoart Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 January 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2012PTC084204. Its GSTIN is 33AACCI8337B1ZX (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Srinivasalu Jayprakash Mallela (Managing Director) and Jayprakash Anusha.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.19 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹13.88 Lakh (net margin -11.6%) and EBITDA of -₹6.46 Lakh (EBITDA margin -5.4%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 25% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Innoeps and Innotym. Court records list 10 cases involving the company, including 10 filed against it; 3 cases are pending.
Innoart Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0031115). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website innoart.in.
Company details
CIN U72900TN2012PTC084204
Registration Number 084204
Incorporation Date 30 January 2012
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0031115
Recognitions & Rankings of Innoart Technologies
Contact details
Innoart Technologies Private Limited's registered office is in Chennai, Tamil Nadu. Its website is innoart.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address8/19 5th Street Krishna Nagar, Virugambakkam, Chennai, Tamil Nadu, India – 600092
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Innoart Technologies Private Limited, buy the company report.
Comprehensive company report
Innoart Technologies 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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Brands
Innoart Technologies operates two associated brands: Innoeps and Innotym. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers HR management solutions for businesses. | innoeops.com | |
| Serves as a provider for secure payment services. | innotym.com |
Business activity
The main business activity of Innoart Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Innoart Technologies Private Limited, buy the company report.
Financials of Innoart Technologies Private Limited
FY 2024 filings availableInnoart Technologies Private Limited reported revenue of ₹1.19 Cr (down 13% YoY) for FY 2023.
Revenue · FY 2023
₹1.19 Cr ▼ 13%
Net loss · FY 2023
₹13.88 Lakh margin -11.6%
EBITDA · FY 2023
-₹6.46 Lakh margin -5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 12%
5 years · compounded
▼ 25%
EBITDA CAGR growth
1 year
▼ 122%
3 years · compounded
▼ 29%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 13% fall in the latest year. EBITDA fell 122% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹6.46 Lakh | ||||
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| Net Profit (PAT) | -₹13.88 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -5.4% | ||||
| Net Profit Margin | -11.6% | ||||
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To see the full financial statements and ratios of Innoart Technologies Private Limited, buy the company report.
Board of directors of Innoart Technologies Private Limited
Innoart Technologies has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayprakash Anusha | Director | 29 Jan 2024 | 2 Years 8 Months | Current |
| Srinivasalu Jayprakash Mallela Also directs: Shades and Stripes Fabrics Private Limited | Managing Director | 30 Jan 2012 | 14 Years 8 Months | Current |
Peer comparison
Innoart Technologies Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Codecimal Software Developers Private Limited | ₹1.2 Cr (FY 2023) | 141.0% | Ahmedabad, Gujarat, India | |||
| Aruna Saas Private Limited | ₹1.2 Cr (FY 2024) | 197.0% | Agra, Uttar Pradesh, India | |||
| Akshara Engineering Innovations Private Limited | ₹1.19 Cr (FY 2023) | -29.0% | Hyderabad, Telangana, India | |||
| Innoart Technologies Private Limitedthis company | ₹1.19 Cr (FY 2023) | -₹13.88 Lakh | -11.6% | -13.0% | 17 | Chennai, Tamil Nadu, India |
| Channelsoftech Private Limited | ₹1.19 Cr (FY 2024) | 28.0% | Am Bangalore, Karnataka, India | |||
| Relytree Technologies Private Limited | ₹1.19 Cr (FY 2025) | 107.0% | Surat, Gujarat, India | |||
| Elseq Technologies Private Limited | ₹1.19 Cr (FY 2024) | -85.0% | Bangalore, Karnataka, India | |||
| Webconvoy Private Limited | ₹1.19 Cr (FY 2025) | 1647.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Innoart Technologies Private Limited, buy the company report.
Auditor
Innoart Technologies Private Limited is audited by M V PRASAD & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M V PRASAD & CO | FY 2020 | 012979S |
Shareholding
The shareholding of Innoart Technologies Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Innoart Technologies Private Limited, buy the company report.
Legal cases
Innoart Technologies Private Limited has 10 court cases on record: 10 filed against it. 3 cases are pending and 7 are disposed.
Total cases
10
Filed against the company
10
Pending
3
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 10 | 3 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Appeal | Filed against the company | Pending |
| Madras High Court | Court case (OSA) | Filed against the company | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed against the company | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by an individual | Disposed |
To see the full case history of Innoart Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Innoart Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innoart Technologies Private Limited has a workforce of 17 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
Employee growth
112.5%
GST
Innoart Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCI8337B1ZX | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Innoart Technologies Private Limited, buy the company report.
Recent activity
Innoart Technologies Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Bhaktha Murali Krishna Murthy ceased to be Director on 29 Jan 2024.
AGM
Innoart Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Innoart Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Bhaktha Murali Krishna Murthy ceased to be Director.
Appointed
Jayprakash Anusha was appointed as Director.
Ceased
Jambum Araswamy Kumar ceased to be Additional Director.
Ceased
Kandalam Sri Vijaya Chandra ceased to be Director.
Ceased
Lakshmipriya Balaji ceased to be Director.
Ceased
Srinivasalu Jayprakash Mallela ceased to be Director.
Appointed
Srinivasalu Jayprakash Mallela was appointed as Managing Director.
Incorporation
30 Jan 2012
Innoart Technologies Private Limited was registered on 30 Jan 2012 with Roc Chennai & aged 14 years 8 months as per MCA records.
Frequently asked questions
Innoart Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 30 January 2012 (14+ years old) and is registered under CIN U72900TN2012PTC084204.
Innoart Technologies has 2 current directors:
- Srinivasalu Jayprakash Mallela - Managing Director
- Jayprakash Anusha - Director
The latest financial statements of Innoart Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Innoart Technologies is 33AACCI8337B1ZX, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Innoart Technologies is U72900TN2012PTC084204. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innoart Technologies has 10 court cases on record: 10 filed against it. 3 are pending.
Innoart Technologies was incorporated on 30 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Innoart Technologies by revenue are Codecimal Software Developers Private Limited, Aruna Saas Private Limited, Akshara Engineering Innovations Private Limited, Channelsoftech Private Limited, Relytree Technologies Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Bhaktha Murali Krishna Murthy ceased to be Director on 29 Jan 2024. Jayprakash Anusha was appointed as Director on 29 Jan 2024. Jambum Araswamy Kumar ceased to be Additional Director on 01 Nov 2018. Innoart Technologies has 7 board changes on record in total.
Yes, Innoart Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0031115).
Innoart Technologies can be reached through the website innoart.in. Its registered office is in Chennai, Tamil Nadu, India.