Innovative Team Solutions Private Limited
About Innovative Team Solutions Private Limited
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Innovative Team Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 24 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC136431.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kanabagatte Basavarajappa Pavithra and Siddappabasappa Shivanandappa.
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 Flat No 415 Mahavera Thrishal Bhel 2nd Sapthagiri Badavani Kg Road R Nagar, Bangalore, Karnataka, India – 560098.
As per the financials filed for FY 2022, the company reported a revenue of ₹7.44 Lakh. For the same year it recorded a net profit of ₹31,400 (net margin 4.2%) and EBITDA of ₹45,900 (EBITDA margin 6.2%).
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- Registered AddressFlat No 415 Mahavera Thrishal Bhel 2nd Sapthagiri Badavani Kg Road R Nagar, Bangalore, Karnataka, India – 560098
- IndustryInformation Technology, Other Computer Related Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Innovative Team Solutions Private Limited
The main business activity of Innovative Team Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Innovative Team Solutions Private Limited FY 2022 filings available
Innovative Team Solutions Private Limited reported revenue of ₹7.44 Lakh for FY 2022.
Financial Statement Summary of Innovative Team Solutions Private Limited
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| 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 | ₹45,900 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹31,400 | •••• |
| 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 of Innovative Team Solutions Private Limited
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 6.2% | •••• |
| Net Profit Margin | 4.2% | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Innovative Team Solutions are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Innovative Team Solutions Private Limited
Innovative Team Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhogala Biosciences Private Limited | ₹7.45 Lakh (FY 2025) | •••• | •••• | -21.0% | •••• | Cuddapah, Andhra Pradesh, India |
| One Point Taxpert Private Limited | ₹7.44 Lakh (FY 2025) | •••• | •••• | 126.0% | •••• | Delhi, India |
| Hopedwell Energy Solutions Private Limited | ₹7.44 Lakh (FY 2025) | •••• | •••• | •••• | Burdwan, West Bengal, India | |
| KKS Tech Solutions Private Limited | ₹7.44 Lakh (FY 2020) | •••• | •••• | -78.0% | •••• | Bangalore, Karnataka, India |
| Qone Overseas Private Limited | ₹7.44 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | Jamnagar, Gujarat, India |
| Innovative Team Solutions Private Limited this company | ₹7.44 Lakh (FY 2022) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| S R N Management Consultancy Services Private Limited | ₹7.43 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | Bangalore, Karnataka, India |
| Ecoinch Responsible Growth Foundation | ₹7.43 Lakh (FY 2025) | •••• | •••• | -32.0% | •••• | Noida, Uttar Pradesh, India |
| Rays Global Ehs Solutions Private Limited | ₹7.43 Lakh (FY 2018) | •••• | •••• | -69.0% | •••• | New Delhi, Delhi, India |
| Sybarisip Private Limited | ₹7.43 Lakh (FY 2025) | •••• | •••• | -81.0% | •••• | Gurugram, Haryana, India |
| Strategic Corporate Solutions Private Limited | ₹7.43 Lakh (FY 2025) | •••• | •••• | -47.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Innovative Team Solutions by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Innovative Team Solutions Private Limited
Innovative Team Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanabagatte Basavarajappa Pavithra | Director | 24 Jul 2020 | 6 Years 2 Months | Current |
| Siddappabasappa Shivanandappa | Director | 24 Jul 2020 | 6 Years 2 Months | Current |
Charges & Borrowings of Innovative Team Solutions Private Limited
Innovative Team Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Innovative Team Solutions Private Limited
Employment history and EPFO contributions of people linked to Innovative Team Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Innovative Team Solutions Private Limited
Innovative Team Solutions Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Kanabagatte Basavarajappa Pavithra was appointed as Director on 24 Jul 2020.
Credit Ratings, Litigation & Regulatory Alerts for Innovative Team Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Innovative Team Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Innovative Team Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Innovative Team Solutions Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Innovative Team Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Innovative Team Solutions Private Limited
Innovative Team Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 24 July 2020 (6+ years old) and is registered under CIN U72900KA2020PTC136431.
Innovative Team Solutions reported revenue of ₹7.44 Lakh for FY 2022.
Innovative Team Solutions has 2 current directors:
- Kanabagatte Basavarajappa Pavithra - Director
- Siddappabasappa Shivanandappa - Director
Innovative Team Solutions reported a net profit of ₹31,400 (net margin 4.2%) and EBITDA of ₹45,900 (EBITDA margin 6.2%) for FY 2022, as per its filed financial statements.
The CIN (Corporate Identification Number) of Innovative Team Solutions is U72900KA2020PTC136431. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Team Solutions was incorporated on 24 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Innovative Team Solutions by revenue are Bhogala Biosciences Private Limited, One Point Taxpert Private Limited, Hopedwell Energy Solutions Private Limited, KKS Tech Solutions Private Limited, Qone Overseas Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Kanabagatte Basavarajappa Pavithra was appointed as Director on 24 Jul 2020. Siddappabasappa Shivanandappa was appointed as Director on 24 Jul 2020.
The registered office of Innovative Team Solutions is at Flat No 415 Mahavera Thrishal Bhel 2nd Sapthagiri Badavani Kg Road R Nagar, Bangalore, Karnataka, India – 560098.
Innovative Team Solutions has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
Innovative Team Solutions operates in the information technology industry, in the other computer related activities segment.