Innovative Works Lab Private Limited
About Innovative Works Lab Private Limited
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Innovative Works Lab Private Limited is a private limited company based in Dhenkanal, Odisha, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 07 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74999OR2017PTC027466. Its GSTIN is 21AAECI5888D1ZM (Odisha).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Upasana Mishra and Sailabala Lenka.
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 House No. 52 Ward No. 1 Shyamacharanpur, Dhenkanal, Odisha, India – 759001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.16 Cr, a growth of 107% compared to the previous year. For the same year it recorded a net profit of ₹1.31 Lakh (net margin 1.1%) and EBITDA of ₹2.28 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 107% over three years and 64% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Innovative Works Lab Private Limited's registered office is in Dhenkanal, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse No. 52 Ward No. 1 Shyamacharanpur, Dhenkanal, Odisha, India – 759001
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Innovative Works Lab 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 Works Lab 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 Works Lab Private Limited, buy the company report.
Financials of Innovative Works Lab Private Limited
FY 2024 filings availableInnovative Works Lab Private Limited reported revenue of ₹1.16 Cr (up 107% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 64% over five years, including 107% growth in the latest year. EBITDA rose 7% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.28 Lakh | ||||
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| Net Profit (PAT) | ₹1.31 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 2% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Innovative Works Lab Private Limited, buy the company report.
Board of directors of Innovative Works Lab Private Limited
Innovative Works Lab has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Upasana Mishra | Director | 07 Aug 2017 | 9 Years 2 Months | Current |
| Sailabala Lenka | Director | 07 Aug 2017 | 9 Years 2 Months | Current |
| Smita Mohanta | Director | 17 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Innovative Works Lab 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 |
|---|---|---|---|---|---|---|
| Aker Foods Agrotech Private Limited | ₹1.16 Cr (FY 2021) | 9.0% | Pune, Maharashtra, India | |||
| Paperless Brands Private Limited | ₹1.16 Cr (FY 2024) | 34062.0% | Ahmedabad, Gujarat, India | |||
| Aayshi Foods Private Limited | ₹1.16 Cr (FY 2025) | 58.0% | Patna, Bihar, India | |||
| Honshu Buildcon Private Limited | ₹1.16 Cr (FY 2016) | -62.0% | Delhi, India | |||
| Pixie Consulting Solutions Limited | ₹1.16 Cr (FY 2016) | -19.0% | Karnal, Haryana, India | |||
| Innovative Works Lab Private Limitedthis company | ₹1.16 Cr (FY 2025) | ₹1.31 Lakh | 1.1% | 107.0% | Dhenkanal, Odisha, India | |
| Oncure Pharma Private Limited | ₹1.16 Cr (FY 2017) | -22.0% | Thane, Maharashtra, India | |||
| Avyaan Constructions Private Limited | ₹1.16 Cr (FY 2022) | -55.0% | Kolkata, West Bengal, India | |||
| Koncept Machining Solution Private Limited | ₹1.16 Cr (FY 2025) | 114.0% | Ahmedabad, Gujarat, India | |||
| Maa Jeen Tradecom Private Limited | ₹1.16 Cr (FY 2018) | -68.0% | Kolkata, West Bengal, India | |||
| Jamuway Pharmaceuticals Private Limited | ₹1.16 Cr (FY 2024) | -7.0% | Surat, Gujarat, India |
To see the full peer comparison of Innovative Works Lab Private Limited, buy the company report.
Auditor
Innovative Works Lab Private Limited is audited by SUBRAT KUMAR PATI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUBRAT KUMAR PATI | FY 2023 | 067018 |
Shareholding
The shareholding of Innovative Works Lab Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Innovative Works Lab Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovative Works Lab 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 Works Lab Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innovative Works Lab has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAECI5888D1ZM | Odisha | Active | 10 Feb 2021 |
To see the full GST registrations and return filing status of Innovative Works Lab Private Limited, buy the company report.
Recent activity
Innovative Works Lab Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Amiya Ranjan Mohanta ceased to be Director on 19 Sep 2021.
Frequently asked questions
Innovative Works Lab is an active private limited company based in Dhenkanal, Odisha, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 07 August 2017 (9+ years old) and is registered under CIN U74999OR2017PTC027466.
Innovative Works Lab has 3 current directors:
- Upasana Mishra - Director
- Sailabala Lenka - Director
- Smita Mohanta - Director
The latest financial statements of Innovative Works Lab 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 FY 2018 are in the company report.
The GSTIN of Innovative Works Lab is 21AAECI5888D1ZM, registered in Odisha.
The CIN (Corporate Identification Number) of Innovative Works Lab is U74999OR2017PTC027466. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Works Lab was incorporated on 07 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Innovative Works Lab by revenue are Aker Foods Agrotech Private Limited, Paperless Brands Private Limited, Aayshi Foods Private Limited, Honshu Buildcon Private Limited, Pixie Consulting Solutions Limited and 5 more, all in the same principal business activity (wholesale trading).
Amiya Ranjan Mohanta ceased to be Director on 19 Sep 2021. Smita Mohanta was appointed as Director on 17 Sep 2021. Sailabala Lenka was appointed as Director on 07 Aug 2017. Innovative Works Lab has 4 board changes on record in total.
The registered office of Innovative Works Lab is at House No. 52 Ward No. 1 Shyamacharanpur, Dhenkanal, Odisha, India – 759001.
Innovative Works Lab operates in the pharma industry, in the pharmaceutical retailers and distributors segment.
The compliance status of Innovative Works Lab is compliant as of 05 July 2026. The company is actively filing with the Registrar of Companies.