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Innopal Ventures Private Limited - musical instruments in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹84,746
▲ 2490% YoY
Net loss · FY 2025
₹3,504
Net margin -4.1%
EBITDA · FY 2025
-₹3,504
EBITDA margin -4.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Innopal Ventures Private Limited
Data last updated:
Innopal Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the jewellery segment of the musical instruments sector. It was incorporated on 16 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15100MH2018PTC304218. Its GSTIN is 27AAECI7415E1ZP (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suresh Chhaganlal Jain and Nishant Suresh Jain.
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 109 Aditya Heritage Mindspace Malad West, Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2025, the company reported a revenue of ₹84,746, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3,504 (net margin -4.1%) and EBITDA of -₹3,504 (EBITDA margin -4.1%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 150% over five years.
For more details, the company can be reached via its website ufocovers.com.
Company details
CIN U15100MH2018PTC304218
Registration Number 304218
Incorporation Date 16 January 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
CIN history
Innopal Ventures has one previous CIN (Corporate Identification Number): U74999MH2018PTC304218. The current CIN is U15100MH2018PTC304218, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15100MH2018PTC304218 | Current |
| U74999MH2018PTC304218 | Previous |
Recognitions & Rankings of Innopal Ventures
Contact details
Innopal Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its website is ufocovers.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address109 Aditya Heritage Mindspace Malad West, Mumbai, Maharashtra, India – 400064
- IndustryMusical Instruments, Jewellery, Manufacturing, Musical Instrument, Sports Goods
To see the full contact details of Innopal Ventures Private Limited, buy the company report.
Comprehensive company report
Innopal Ventures 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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Secure checkout · GST invoice included
Business activity
The main business activity of Innopal Ventures is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
Financials of Innopal Ventures Private Limited
FY 2025 filings availableInnopal Ventures Private Limited reported revenue of ₹84,746 (up 2490% YoY) for FY 2025.
Revenue · FY 2025
₹84,746 ▲ 2490%
Net loss · FY 2025
₹3,504 margin -4.1%
EBITDA · FY 2025
-₹3,504 margin -4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 55%
5 years · compounded
▲ 150%
EBITDA CAGR growth
1 year
▲ 95%
3 years · compounded
▼ 27%
5 years · compounded
▲ 45%
Revenue has grown at a compounded annual rate (CAGR) of 150% over five years. EBITDA rose 95% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹3,504 | ||||
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| Net Profit (PAT) | -₹3,504 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.1% | ||||
| Net Profit Margin | -4.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Innopal Ventures Private Limited, buy the company report.
Board of directors of Innopal Ventures Private Limited
Innopal Ventures has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Chhaganlal Jain Also directs: Temcor Rollwell Domes Private Limited | Director | 16 Jan 2018 | 8 Years 9 Months | Current |
| Nishant Suresh Jain Also directs: Temcor Rollwell Domes Private Limited, Achuk Environmental Solutions Private Limited, Spoc Holdings Private Limited and 1 more | Director | 16 Jan 2018 | 8 Years 9 Months | Current |
Peer comparison
Innopal Ventures Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pur Opale Creations Limited | ₹86,244 (FY 2024) | -92.0% | Vadodara, Gujarat, India | |||
| Chowdhary Instrumentation Private Limited | ₹86,000 (FY 2017) | -69.0% | New Delhi, Delhi, India | |||
| Saffaire Stones Private Limited | ₹85,811 (FY 2016) | 16.0% | New Delhi, Delhi, India | |||
| Mange Ram Bhatta Company Private Limited | ₹85,288 (FY 2017) | New Delhi, Delhi, India | ||||
| Fireman Refractories Private Limited | ₹85,275 (FY 2024) | -59.0% | Vridhachalam, Tamil Nadu, India | |||
| Innopal Ventures Private Limitedthis company | ₹84,746 (FY 2025) | -₹3,504 | -4.1% | 2490.0% | Mumbai, Maharashtra, India | |
| Command Sims Private Limited | ₹84,525 (FY 2018) | -94.0% | Bangalore, Karnataka, India | |||
| Tarumang Jewellers and Manufacturers Private Limited | ₹83,813 (FY 2025) | 116.0% | Satna, Madhya Pradesh, India | |||
| Leuenberger Lighting Components (India) Private Limited | ₹83,000 (FY 2017) | -95.0% | Mumbai, Maharashtra, India | |||
| Ojashree Equipments Private Limited | ₹82,663 (FY 2017) | -91.0% | Pune, Maharashtra, India | |||
| Sunil Wire Industries Private Limited | ₹81,403 (FY 2025) | -98.0% | New Delhi, Delhi, India |
To see the full peer comparison of Innopal Ventures Private Limited, buy the company report.
Auditor
Innopal Ventures Private Limited is audited by BHAVESH D JAIN & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHAVESH D JAIN & CO | FY 2021 | 124932W |
Shareholding
The shareholding of Innopal Ventures Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Innopal Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innopal Ventures 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 Innopal Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innopal Ventures has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECI7415E1ZP | Maharashtra | Active | 07 Apr 2018 |
To see the full GST registrations and return filing status of Innopal Ventures Private Limited, buy the company report.
Recent activity
Innopal Ventures Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Nishant Suresh Jain was appointed as Director on 16 Jan 2018.
AGM
Innopal Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innopal Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Nishant Suresh Jain was appointed as Director.
Appointed
Suresh Chhaganlal Jain was appointed as Director.
Incorporation
16 Jan 2018
Innopal Ventures Private Limited was registered on 16 Jan 2018 with Roc Mumbai I & aged 8 years 9 months as per MCA records.
Frequently asked questions
Innopal Ventures is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewellery, within the musical instruments industry. It was incorporated on 16 January 2018 (8+ years old) and is registered under CIN U15100MH2018PTC304218.
Innopal Ventures has 2 current directors:
- Suresh Chhaganlal Jain - Director
- Nishant Suresh Jain - Director
The latest financial statements of Innopal Ventures 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 2018 are in the company report.
The GSTIN of Innopal Ventures is 27AAECI7415E1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Innopal Ventures is U15100MH2018PTC304218. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innopal Ventures was incorporated on 16 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Innopal Ventures by revenue are Pur Opale Creations Limited, Chowdhary Instrumentation Private Limited, Saffaire Stones Private Limited, Mange Ram Bhatta Company Private Limited, Fireman Refractories Private Limited and 5 more, all in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Nishant Suresh Jain was appointed as Director on 16 Jan 2018. Suresh Chhaganlal Jain was appointed as Director on 16 Jan 2018.
Yes, Innopal Ventures is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Innopal Ventures can be reached through the website ufocovers.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Innopal Ventures is at 109 Aditya Heritage Mindspace Malad West, Mumbai, Maharashtra, India – 400064.