About Innovate Ventures (India) Private Limited
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Innovate Ventures (India) Private Limited is a private limited company based in Agartala, Tripura, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 16 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U80903TR2012PTC008373. Its GSTIN is 16AADCI0978D1ZP (Tripura).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Manoj Paul Choudhury and Samir Das.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Durgabari Western Compound Agartala Tripura, Tripura, India – 799001.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.15 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹36.69 Lakh (net margin -17%) and EBITDA of -₹18.21 Lakh (EBITDA margin -8.5%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 32% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovateventures.in.
Company details
Contact details
Innovate Ventures (India) Private Limited's registered office is in Agartala, Tripura. Its website is innovateventures.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDurgabari Western Compound Agartala Tripura, Tripura, India – 799001
- IndustryEducation, Corporate Training & Development
To see the full contact details of Innovate Ventures (India) Private Limited, buy the company report.
- 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
Financials of Innovate Ventures (India) Private Limited
FY 2022 filings availableInnovate Ventures (India) Private Limited reported revenue of ₹2.15 Cr (down 17% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 32%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Total Revenue | ₹2.15 Cr | ||||
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| EBITDA | -₹18.21 Lakh | ||||
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| Net Profit (PAT) | -₹36.69 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -8.5% | ||||
| Net Profit Margin | -17% | ||||
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To see the full financial statements and ratios of Innovate Ventures (India) Private Limited, buy the company report.
Board of directors of Innovate Ventures (India) Private Limited
Innovate Ventures (India) has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Paul Choudhury | Director | 16 Nov 2012 | 13 Years 11 Months | Current |
| Samir Das | Director | 19 Aug 2021 | 5 Years 2 Months | Current |
Auditor
Innovate Ventures (India) Private Limited is audited by S K P T & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K P T & CO | FY 2019 | 327415E |
Shareholding
The shareholding of Innovate Ventures (India) Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Innovate Ventures (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovate Ventures (India) 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 Innovate Ventures (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innovate Ventures (India) Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Innovate Ventures (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 16AADCI0978D1ZP | Tripura | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Innovate Ventures (India) Private Limited, buy the company report.
Recent activity
Innovate Ventures (India) Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Samir Das was appointed as Director on 19 Aug 2021.
Frequently asked questions
Innovate Ventures (India) is an active private limited company based in Agartala, Tripura, India. The company works in corporate training and development, within the education industry. It was incorporated on 16 November 2012 (14+ years old) and is registered under CIN U80903TR2012PTC008373.
Innovate Ventures (India) has 2 current directors:
- Manoj Paul Choudhury - Director
- Samir Das - Director
The latest financial statements of Innovate Ventures (India) on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Innovate Ventures (India) is 16AADCI0978D1ZP, registered in Tripura.
The CIN (Corporate Identification Number) of Innovate Ventures (India) is U80903TR2012PTC008373. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovate Ventures (India) was incorporated on 16 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Guwahati.
Samir Das was appointed as Director on 19 Aug 2021. Ruma Banik ceased to be Additional Director on 31 Dec 2020. Prasenjit Dey ceased to be Director on 10 Dec 2020. Innovate Ventures (India) has 6 board changes on record in total.
Innovate Ventures (India) can be reached through the website innovateventures.in. Its registered office is in Agartala, Tripura, India.
The registered office of Innovate Ventures (India) is at Durgabari Western Compound Agartala Tripura, Tripura, India – 799001.
Innovate Ventures (India) operates in the education industry, in the corporate training and development segment.