About Innovatorsbay Technologies Private Limited
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Innovatorsbay Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 04 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2016PTC085808. Its GSTIN is 29AAECI0379P1ZX (Karnataka).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Soni Singh and Mohan Prasad Singh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2019, the company reported a revenue of ₹1 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹5.03 Lakh (net margin -5%) and EBITDA of ₹5.14 Lakh (EBITDA margin 5.1%).
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: InnovatorsBay.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovatorsbay.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address#G6 Sharavathi Apartments Ownerscourt Layout Kasavanahalli Main Road Off Sarjapur Roa, D, Bangalore, Karnataka, India – 560035
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Innovatorsbay Technologies Private Limited
The main business activity of Innovatorsbay Technologies 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 Innovatorsbay Technologies Private Limited FY 2019 filings available
Innovatorsbay Technologies Private Limited reported revenue of ₹1 Cr (down 32% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Innovatorsbay Technologies Private Limited
Revenue fell 32% in the latest year. EBITDA fell 71% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Innovatorsbay Technologies Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹1 Cr | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.14 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.03 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 of Innovatorsbay Technologies Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.1% | •••• | •••• | •••• |
| Net Profit Margin | -5% | •••• | •••• | •••• |
| 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 Innovatorsbay Technologies are in the company report.
Financial statements from FY 2016
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 Innovatorsbay Technologies Private Limited
Innovatorsbay Technologies 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 |
|---|---|---|---|---|---|---|
| Pog Engineering Consultants Private Limited | ₹1 Cr (FY 2025) | •••• | •••• | 69.0% | •••• | Bangalore, Karnataka, India |
| Doshi Merchants Private Limited | ₹1 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Omni Rebar Private Limited | ₹1 Cr (FY 2025) | •••• | •••• | -73.0% | •••• | Pune, Maharashtra, India |
| Grav Web Solution Private Limited | ₹1 Cr (FY 2025) | •••• | •••• | 125181.0% | •••• | Noida, Uttar Pradesh, India |
| Licent Technologies Private Limited | ₹1 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Bengaluru, Karnataka, India |
| Innovatorsbay Technologies Private Limited this company | ₹1 Cr (FY 2019) | •••• | •••• | -32.0% | •••• | Bangalore, Karnataka, India |
| Scholarly Editing and Translation Services Private Limited | ₹1 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Dombivli, Maharashtra, India |
| Marg Hospitality Private Limited | ₹1 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Ernakulam, Kerala, India |
| Nanovea India Private Limited | ₹1 Cr (FY 2025) | •••• | •••• | 269.0% | •••• | Bangalore, Karnataka, India |
| K2s Consulting Private Limited | ₹1 Cr (FY 2025) | •••• | •••• | 695.0% | •••• | Delhi, India |
| Sai Copper Wires Private Limited | ₹1 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Innovatorsbay Technologies 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.
Auditor Details of Innovatorsbay Technologies Private Limited
Innovatorsbay Technologies Private Limited is audited by VIPIN SHALINI & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VIPIN SHALINI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Innovatorsbay Technologies Private Limited
Innovatorsbay Technologies 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 |
|---|---|---|---|---|
| Soni Singh | Director | 04 Feb 2016 | 10 Years 8 Months | Current |
| Mohan Prasad Singh | Director | 04 Feb 2016 | 10 Years 8 Months | Current |
| Manish Singh | Director | 04 Feb 2016 | 10 Years 8 Months | Current |
Ownership and Shareholding of Innovatorsbay Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Innovatorsbay Technologies Private Limited
Innovatorsbay Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Innovatorsbay Technologies Private Limited
Innovatorsbay Technologies operates one associated brand: InnovatorsBay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a comprehensive suite of IT services to enhance daily business operations. | innovatorsbay.com |
Employees and EPFO Compliance at Innovatorsbay Technologies Private Limited
Innovatorsbay Technologies Private Limited has a workforce of 13 employees as of Mar 28, 2024.
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 Innovatorsbay Technologies Private Limited
Innovatorsbay Technologies Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Manish Singh was appointed as Director on 04 Feb 2016.
Credit Ratings, Litigation & Regulatory Alerts for Innovatorsbay Technologies 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 Innovatorsbay Technologies 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 Innovatorsbay Technologies 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 Innovatorsbay Technologies Private Limited
Innovatorsbay Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECI0379P1ZX | Karnataka | Active | 01 Jul 2017 |
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 Innovatorsbay Technologies 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 Innovatorsbay Technologies Private Limited
Innovatorsbay Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 04 February 2016 (10+ years old) and is registered under CIN U72200KA2016PTC085808.
Innovatorsbay Technologies reported revenue of ₹1 Cr for FY 2019 (down 32% YoY).
Innovatorsbay Technologies has 3 current directors:
- Soni Singh - Director
- Mohan Prasad Singh - Director
- Manish Singh - Director
Innovatorsbay Technologies reported a net loss of ₹5.03 Lakh (net margin -5%) and EBITDA of ₹5.14 Lakh (EBITDA margin 5.1%) for FY 2019, as per its filed financial statements.
The GSTIN of Innovatorsbay Technologies is 29AAECI0379P1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Innovatorsbay Technologies is U72200KA2016PTC085808. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovatorsbay Technologies was incorporated on 04 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Innovatorsbay Technologies by revenue are Pog Engineering Consultants Private Limited, Doshi Merchants Private Limited, Omni Rebar Private Limited, Grav Web Solution Private Limited, Licent Technologies Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Manish Singh was appointed as Director on 04 Feb 2016. Mohan Prasad Singh was appointed as Director on 04 Feb 2016. Soni Singh was appointed as Director on 04 Feb 2016.
Yes, Innovatorsbay Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Innovatorsbay Technologies can be reached through the website innovatorsbay.com. Its registered office is in Bangalore, Karnataka, India.