Innova Commercial Private Limited
About Innova Commercial Private Limited
Data last updated:
Innova Commercial Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Subhagayam Trade Limited. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 14 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909KA2010PTC229744. Its GSTIN is 29AACCI4868D1ZE (Karnataka).
The company has an authorised share capital of ₹34 Lakh and a paid-up capital of ₹33.72 Lakh. It is led by directors Kirti Kumar and Shivratan Mandal.
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 23A N S Road Fortuna Tower 7th Floor Room No. – 29, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2024, the company reported a revenue of ₹54.13 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.47 Cr (net margin 2.7%) and EBITDA of ₹1.99 Cr (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 232% over three years and 87% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Innova Commercial has one previous CIN (Corporate Identification Number): U51909WB2010PTC155769. The current CIN is U51909KA2010PTC229744, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909KA2010PTC229744 | Current |
| U51909WB2010PTC155769 | Previous |
Contact details
Innova Commercial Private Limited's registered office is in Kolkata, West Bengal.
- Registered Address23A N S Road Fortuna Tower 7th Floor Room No. – 29, Kolkata, West Bengal, India – 700001
- IndustryTrading, Wholesale, Other Wholesale
- 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
Business activity
The main business activity of Innova Commercial is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Innova Commercial Private Limited, buy the company report.
Financials of Innova Commercial Private Limited
FY 2024 filings availableInnova Commercial Private Limited reported revenue of ₹54.13 Cr (up 484% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 87% over five years, including 484% growth in the latest year. EBITDA rose 37% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.99 Cr | ||||
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| Net Profit (PAT) | ₹1.47 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 2.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Innova Commercial Private Limited, buy the company report.
Board of directors of Innova Commercial Private Limited
Innova Commercial has 2 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kirti Kumar | Director | 19 Nov 2021 | 4 Years 11 Months | Current |
| Shivratan Mandal | Director | 19 Nov 2021 | 4 Years 11 Months | Current |
Peer comparison
Innova Commercial Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cosmic Inheritance Private Limited | ₹54.18 Cr (FY 2025) | -11.0% | Delhi, India | |||
| Shridhar Minerals Private Limited | ₹54.16 Cr (FY 2025) | 48.0% | Gandhidham, Gujarat, India | |||
| Pradipkumar Pharma Private Limited | ₹54.15 Cr (FY 2025) | -26.0% | Mumbai, Maharashtra, India | |||
| Gunasthan Jewels Private Limited | ₹54.14 Cr (FY 2025) | 34.0% | Sagar, Madhya Pradesh, India | |||
| Nicia Food and Drinks Private Limited | ₹54.14 Cr (FY 2024) | 24.0% | New Delhi, Delhi, India | |||
| Innova Commercial Private Limitedthis company | ₹54.13 Cr (FY 2024) | ₹1.47 Cr | 2.7% | 484.0% | Kolkata, West Bengal, India | |
| Jay Vijay Prints Pvt Ltd | ₹54.12 Cr (FY 2025) | 23.0% | Surat, Gujarat, India | |||
| Vardhaman Gems & Jewellers Private Limited | ₹54.11 Cr (FY 2025) | 188.0% | Korba, Chhattisgarh, India | |||
| Dezzey Sweeteners Private Limited | ₹54.1 Cr (FY 2025) | -24.0% | Indore, Madhya Pradesh, India | |||
| HMM Aluminium Private Limited | ₹54.09 Cr (FY 2025) | 11.0% | Chandauli, Uttar Pradesh, India | |||
| Samit Sales Pvt Ltd | ₹54.09 Cr (FY 2024) | 3.0% | Faridabad, Haryana, India |
To see the full peer comparison of Innova Commercial Private Limited, buy the company report.
Legal cases
Innova Commercial Private Limited has 1 court case on record: 1 filed by Innova Commercial. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors. | Disposed |
To see the full case history of Innova Commercial 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 Innova Commercial Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innova Commercial has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCI4868D1ZE | Karnataka | Active | 06 Apr 2022 |
To see the full GST registrations and return filing status of Innova Commercial Private Limited, buy the company report.
Recent activity
Innova Commercial Private Limited has 18 board changes on record since 2011: 2 appointments and 16 cessations. The latest: Nikhil Jain ceased to be Director on 23 Nov 2021.
9 earlier events are in the company report.
Frequently asked questions
Innova Commercial is an active private limited company based in Kolkata, West Bengal, India. The company works in wholesale, within the trading industry. It was incorporated on 14 December 2010 (16+ years old) and is registered under CIN U51909KA2010PTC229744.
Innova Commercial has 2 current directors:
- Kirti Kumar - Director
- Shivratan Mandal - Director
The latest financial statements of Innova Commercial 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 Innova Commercial is 29AACCI4868D1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Innova Commercial is U51909KA2010PTC229744. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innova Commercial has 1 court case on record: 1 filed by the company.
Innova Commercial was incorporated on 14 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Innova Commercial by revenue are Cosmic Inheritance Private Limited, Shridhar Minerals Private Limited, Pradipkumar Pharma Private Limited, Gunasthan Jewels Private Limited, Nicia Food and Drinks Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Nikhil Jain ceased to be Director on 23 Nov 2021. Kirti Kumar was appointed as Director on 19 Nov 2021. Shivratan Mandal was appointed as Director on 19 Nov 2021. Innova Commercial has 18 board changes on record in total.
The registered office of Innova Commercial is at 23A N S Road Fortuna Tower 7th Floor Room No. – 29, Kolkata, West Bengal, India – 700001.
Innova Commercial operates in the trading industry, in the wholesale segment.
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