Innovative Retail Ventures Private Limited
About Innovative Retail Ventures Private Limited
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Innovative Retail Ventures Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the repair services segment of the electronics sector. It was incorporated on 20 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U52609MP2019PTC047866. Its GSTIN is 23AAFCI1817D1Z4 (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Priyank Runwal and Varun Bokadia.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 209 Darshan Mall Race Course Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2021, the company reported a revenue of ₹14.15 Lakh, a growth of 38% compared to the previous year. For the same year it recorded a net loss of ₹20.14 Lakh (net margin -142.4%) and EBITDA of -₹14.64 Lakh (EBITDA margin -103.5%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Innovative Retail Ventures Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address209 Darshan Mall Race Course Road, Indore, Madhya Pradesh, India – 452001
- IndustryElectrnoics, Repair Services
To see the full contact details of Innovative Retail Ventures 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
Business activity
The main business activity of Innovative Retail Ventures 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 Innovative Retail Ventures Private Limited, buy the company report.
Financials of Innovative Retail Ventures Private Limited
FY 2021 filings availableInnovative Retail Ventures Private Limited reported revenue of ₹14.15 Lakh (up 38% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 38% in the latest year. EBITDA fell 17% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | -₹14.64 Lakh | ||
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| Net Profit (PAT) | -₹20.14 Lakh | ||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -103.5% | ||
| Net Profit Margin | -142.4% | ||
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To see the full financial statements and ratios of Innovative Retail Ventures Private Limited, buy the company report.
Board of directors of Innovative Retail Ventures Private Limited
Innovative Retail Ventures has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyank Runwal | Director | 20 Feb 2019 | 7 Years 8 Months | Current |
| Varun Bokadia | Director | 20 Feb 2019 | 7 Years 8 Months | Current |
| Siddharth Jain | Director | 20 Feb 2019 | 7 Years 8 Months | Current |
| Ankit Dagaria Also directs: Indore Rolling Mills Pvt Ltd | Director | 20 Feb 2019 | 7 Years 8 Months | Current |
Peer comparison
Innovative Retail Ventures 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 |
|---|---|---|---|---|---|---|
| Synergy Char Private Limited | ₹14.15 Lakh (FY 2024) | 7.0% | Kolkata, West Bengal, India | |||
| Arrow B.T Solutions India Private Limited | ₹14.15 Lakh (FY 2018) | Ghaziabad, Uttar Pradesh, India | ||||
| Tirupati Infrawell Internationals Private Limited | ₹14.15 Lakh (FY 2020) | 249.0% | Sheikhpura, Bihar, India | |||
| Atheshay Digital Services Private Limited | ₹14.15 Lakh (FY 2025) | -69.0% | Noida, Uttar Pradesh, India | |||
| Piyush Tex Trendz Private Limited | ₹14.15 Lakh (FY 2024) | -61.0% | Mumbai, Maharashtra, India | |||
| Innovative Retail Ventures Private Limitedthis company | ₹14.15 Lakh (FY 2021) | -₹20.14 Lakh | -142.4% | 38.0% | Indore, Madhya Pradesh, India | |
| Riser Overseas Private Limited | ₹14.14 Lakh (FY 2017) | 21.0% | Rajkot, Gujarat, India | |||
| Texpro Textiles India Private Ltd | ₹14.14 Lakh (FY 2022) | -7.0% | New Delhi, Delhi, India | |||
| Metaworth Interiors (India) Private Limited | ₹14.14 Lakh (FY 2024) | -99.0% | New Delhi, Delhi, India | |||
| Sygnific Agro Sciences Private Limited | ₹14.14 Lakh (FY 2021) | Kolkata, West Bengal, India | ||||
| Lucky Suppliers Private Limited | ₹14.14 Lakh (FY 2025) | 0.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Innovative Retail Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovative Retail 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 Innovative Retail Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innovative Retail Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCI1817D1Z4 | Madhya Pradesh | Active | 20 Sep 2019 |
To see the full GST registrations and return filing status of Innovative Retail Ventures Private Limited, buy the company report.
Recent activity
Innovative Retail Ventures Private Limited has 4 board changes on record since 2019: 4 appointments. The latest: Ankit Dagaria was appointed as Director on 20 Feb 2019.
Frequently asked questions
Innovative Retail Ventures is an active private limited company based in Indore, Madhya Pradesh, India. The company works in repair services, within the electronics industry. It was incorporated on 20 February 2019 (7+ years old) and is registered under CIN U52609MP2019PTC047866.
Innovative Retail Ventures has 4 current directors:
- Priyank Runwal - Director
- Varun Bokadia - Director
- Siddharth Jain - Director
- Ankit Dagaria - Director
The latest financial statements of Innovative Retail Ventures on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Innovative Retail Ventures is 23AAFCI1817D1Z4, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Innovative Retail Ventures is U52609MP2019PTC047866. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Retail Ventures was incorporated on 20 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Innovative Retail Ventures by revenue are Synergy Char Private Limited, Arrow B.T Solutions India Private Limited, Tirupati Infrawell Internationals Private Limited, Atheshay Digital Services Private Limited, Piyush Tex Trendz Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Ankit Dagaria was appointed as Director on 20 Feb 2019. Priyank Runwal was appointed as Director on 20 Feb 2019. Siddharth Jain was appointed as Director on 20 Feb 2019. Innovative Retail Ventures has 4 board changes on record in total.
The registered office of Innovative Retail Ventures is at 209 Darshan Mall Race Course Road, Indore, Madhya Pradesh, India – 452001.
Innovative Retail Ventures operates in the electronics industry, in the repair services segment.
The compliance status of Innovative Retail Ventures is compliant as of 12 August 2026. The company is actively filing with the Registrar of Companies.