Innovace Global Technologies Private Limited

Innovace Global Technologies Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999PN2016PTC164341 Incorporated 05 May 2016 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹2.26 Cr
▲ 73% YoY
Net profit · FY 2024
₹84.34 Lakh
Net margin 37.4%
EBITDA · FY 2024
₹88.51 Lakh
EBITDA margin 39.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
5
As per MCA filings
Active GSTINs
1
GST registered

About Innovace Global Technologies Private Limited

Data last updated:

Innovace Global Technologies Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 05 May 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2016PTC164341. Its GSTIN is 27AAECI1137R1Z7 (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ashokkumar Jagjivandas Pobaru and Arpita Pobaru Hetal.

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 C/O – Hetal Pobaru A – 704 Sunshree Emerald Near Rims International School Kondhwa, Pune, Maharashtra, India – 411048.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.26 Cr, a growth of 73% compared to the previous year. For the same year it recorded a net profit of ₹84.34 Lakh (net margin 37.4%) and EBITDA of ₹88.51 Lakh (EBITDA margin 39.2%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 40% over five years.

The company is associated with 1 brand: Innovace.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovaceglobal.com.

Company details

CIN U74999PN2016PTC164341
Registration Number 164341
Incorporation Date 05 May 2016
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Innovace Global Technologies Private Limited's registered office is in Pune, Maharashtra. Its website is innovaceglobal.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    C/O – Hetal Pobaru A – 704 Sunshree Emerald Near Rims International School Kondhwa, Pune, Maharashtra, India – 411048
  • Industry
    Information Technology, Software Development & Support Services

To see the full contact details of Innovace Global Technologies Private Limited, buy the company report.

Comprehensive company report
Innovace Global 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

Innovace Global Technologies operates one associated brand: Innovace. Each brand links to its own profile.

BrandDescriptionWebsite
Software solutions for process industry device management and integration.innovaceglobal.com

Business activity

The main business activity of Innovace Global Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Innovace Global Technologies Private Limited, buy the company report.

Financials of Innovace Global Technologies Private Limited

FY 2025 filings available

Innovace Global Technologies Private Limited reported revenue of ₹2.26 Cr (up 73% YoY) for FY 2024.

Revenue · FY 2024
₹2.26 Cr ▲ 73%
Net profit · FY 2024
₹84.34 Lakh margin 37.4%
EBITDA · FY 2024
₹88.51 Lakh margin 39.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 73%
3 years · compounded
▲ 50%
5 years · compounded
▲ 40%
EBITDA CAGR growth
1 year
▲ 662%
3 years · compounded
▲ 35%
5 years · compounded
▲ 48%

Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 73% growth in the latest year. EBITDA rose 662% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹88.51 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹84.34 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin39.2%
Net Profit Margin37.4%
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 Innovace Global Technologies Private Limited, buy the company report.

Board of directors of Innovace Global Technologies Private Limited

Innovace Global Technologies has 5 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashokkumar Jagjivandas PobaruDirector05 May 201610 Years 5 MonthsCurrent
Arpita Pobaru HetalDirector15 Feb 20179 Years 8 MonthsCurrent
Dilipkumar Jagjivandas PobaruDirector15 Feb 20179 Years 8 MonthsCurrent
Chandaben Pobaru AshokkumarDirector15 Feb 20179 Years 8 MonthsCurrent
Hetal Pobaru AshokkumarDirector05 May 201610 Years 5 MonthsCurrent

Auditor

Innovace Global Technologies Private Limited is audited by RAM BONDE & COMPANY for the financial year 2021.

Auditor firmFinancial yearFirm registration number
RAM BONDE & COMPANYFY 2021

Shareholding

The shareholding of Innovace Global Technologies Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Innovace Global Technologies Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Innovace Global Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Innovace Global Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAECI1137R1Z7MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Innovace Global Technologies Private Limited, buy the company report.

Recent activity

Innovace Global Technologies Private Limited has 5 board changes on record since 2016: 5 appointments. The latest: Arpita Pobaru Hetal was appointed as Director on 15 Feb 2017.

AGM
Innovace Global Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innovace Global Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Arpita Pobaru Hetal was appointed as Director.
Appointed
Chandaben Pobaru Ashokkumar was appointed as Director.
Appointed
Dilipkumar Jagjivandas Pobaru was appointed as Director.
Appointed
Ashokkumar Jagjivandas Pobaru was appointed as Director.
Appointed
Hetal Pobaru Ashokkumar was appointed as Director.
Incorporation
05 May 2016
Innovace Global Technologies Private Limited was registered on 05 May 2016 with Roc Pune & aged 10 years 5 months as per MCA records.

Frequently asked questions

Innovace Global Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 05 May 2016 (10+ years old) and is registered under CIN U74999PN2016PTC164341.

Innovace Global Technologies has 5 current directors:

The latest financial statements of Innovace Global Technologies 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 2017 are in the company report.

The GSTIN of Innovace Global Technologies is 27AAECI1137R1Z7, registered in Maharashtra.

The CIN (Corporate Identification Number) of Innovace Global Technologies is U74999PN2016PTC164341. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Innovace Global Technologies was incorporated on 05 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.

Arpita Pobaru Hetal was appointed as Director on 15 Feb 2017. Chandaben Pobaru Ashokkumar was appointed as Director on 15 Feb 2017. Dilipkumar Jagjivandas Pobaru was appointed as Director on 15 Feb 2017. Innovace Global Technologies has 5 board changes on record in total.

Innovace Global Technologies can be reached through the website innovaceglobal.com. Its registered office is in Pune, Maharashtra, India.

The registered office of Innovace Global Technologies is at CO – Hetal Pobaru A – 704 Sunshree Emerald Near Rims International School Kondhwa, Pune, Maharashtra, India – 411048.

Innovace Global Technologies operates in the information technology industry, in the software development and support services segment.