MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-RJ-33-0001720
Innovex Software Technologies Private Limited - business outsourcing in Udaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.69 Lakh
▼ 84% YoY
Net profit · FY 2025
₹2.2 Lakh
Net margin 32.9%
EBITDA · FY 2025
₹3.46 Lakh
EBITDA margin 51.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Innovex Software Technologies Private Limited
Data last updated:
Innovex Software Technologies Private Limited is a private limited company based in Udaipur, Rajasthan, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 22 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U74999RJ2017PTC059566. Its GSTIN is 08AAECI6880R1ZN (Rajasthan).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Visaram Solanki and Kantilal Jinger.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Udaipur, Rajasthan.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.69 Lakh, a decline of 84% compared to the previous year. For the same year it recorded a net profit of ₹2.2 Lakh (net margin 32.9%) and EBITDA of ₹3.46 Lakh (EBITDA margin 51.7%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 41% over five years.
Innovex Software Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-33-0001720). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovexsoft.com.
Company Details of Innovex Software Technologies Private Limited
CIN U74999RJ2017PTC059566
Registration Number 059566
Incorporation Date 22 November 2017
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-RJ-33-0001720
Key People
Visaram Solanki Director Kantilal Jinger Director Recognitions & Rankings of Innovex Software Technologies
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFlat No. 301 Sanskar Delight Near Silver Apartment, Navratan Complex Bhuwana, Udaipur, Rajasthan, India – 313001
- IndustryBusiness Outsourcing, Business & IT Consulting
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Business Activity of Innovex Software Technologies Private Limited
The main business activity of Innovex Software Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Innovex Software Technologies Private Limited FY 2025 filings available
Innovex Software Technologies Private Limited reported revenue of ₹6.69 Lakh (down 84% YoY) for FY 2025.
Revenue · FY 2025
₹6.69 Lakh ▼ 84%
Net profit · FY 2025
₹2.2 Lakh margin 32.9%
EBITDA · FY 2025
₹3.46 Lakh margin 51.7%
Compounded Annual Growth Rate (CAGR) of Innovex Software Technologies Private Limited
Revenue CAGR growth
1 year
▼ 84%
3 years · compounded
▼ 66%
5 years · compounded
▼ 41%
EBITDA CAGR growth
1 year
▼ 77%
3 years · compounded
▼ 50%
5 years · compounded
▼ 35%
Revenue has declined at a compounded annual rate (CAGR) of 41% over five years, including a 84% fall in the latest year. EBITDA fell 77% 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 of Innovex Software Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | 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 | ₹3.46 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.2 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 Innovex Software Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 51.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 32.9% | •••• | •••• | •••• | •••• |
| 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 Innovex Software Technologies are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
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Board of Directors of Innovex Software Technologies Private Limited
Innovex Software Technologies has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Visaram Solanki | Director | 22 Nov 2017 | 8 Years 10 Months | Current |
| Kantilal Jinger Also directs: Athene Fintech Private Limited | Director | 22 Nov 2017 | 8 Years 10 Months | Current |
Peer Comparison of Innovex Software Technologies Private Limited
Innovex Software Technologies Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Soch Business Consultancy Private Limited | ₹6.7 Lakh (FY 2025) | •••• | •••• | -93.0% | •••• | Mumbai, Maharashtra, India |
| Megaminds Services Private Limited | ₹6.7 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Thane, Maharashtra, India |
| Khushboo Infotech Private Limited | ₹6.7 Lakh (FY 2024) | •••• | •••• | -26.0% | •••• | New Delhi, Delhi, India |
| Fire-Ice Consulting Services Private Limited | ₹6.7 Lakh (FY 2019) | •••• | •••• | 106.0% | •••• | Po Borawar, Rajasthan, India |
| Srkfin Solutions Private Limited | ₹6.69 Lakh (FY 2025) | •••• | •••• | 13.0% | •••• | Kolkata, West Bengal, India |
| Innovex Software Technologies Private Limited this company | ₹6.69 Lakh (FY 2025) | •••• | •••• | -84.0% | •••• | Udaipur, Rajasthan, India |
| Softeuro Labs Private Limited | ₹6.69 Lakh (FY 2025) | •••• | •••• | -54.0% | •••• | Noida, Uttar Pradesh, India |
| KSN Management Consultancy Private Limited | ₹6.69 Lakh (FY 2025) | •••• | •••• | 13.0% | •••• | Bangalore, Karnataka, India |
| Browndome Consulting Private Limited | ₹6.68 Lakh (FY 2024) | •••• | •••• | -55.0% | •••• | New Delhi, Delhi, India |
| Mantras Green Resources Limited | ₹6.68 Lakh (FY 2024) | •••• | •••• | -87.0% | •••• | Nashik, Maharashtra, India |
| Ashita Reality Space Private Limited | ₹6.68 Lakh (FY 2025) | •••• | •••• | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Innovex Software Technologies by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Innovex Software Technologies Private Limited
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Charges & Borrowings of Innovex Software Technologies Private Limited
Innovex Software Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Innovex Software Technologies Private Limited
Employment history and EPFO contributions of people linked to Innovex Software Technologies.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Innovex Software Technologies Private Limited
Innovex Software Technologies Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Kantilal Jinger was appointed as Director on 22 Nov 2017.
AGM
Innovex Software Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innovex Software Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Appointed
Kantilal Jinger was appointed as Director.
Appointed
Visaram Solanki was appointed as Director.
Incorporation
22 Nov 2017
Innovex Software Technologies Private Limited was registered on 22 Nov 2017 with Roc Jaipur & aged 8 years 10 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Innovex Software Technologies Private Limited
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MSME Payment Delays by Innovex Software Technologies Private Limited
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Subsidiaries & Group Companies of Innovex Software Technologies Private Limited
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GST Compliance of Innovex Software Technologies Private Limited
Innovex Software Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAECI6880R1ZN | Rajasthan | Active | 03 Jan 2018 |
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MCA Filings & Documents of Innovex Software Technologies Private Limited
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Frequently Asked Questions about Innovex Software Technologies Private Limited
Innovex Software Technologies is an active private limited company based in Udaipur, Rajasthan, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 22 November 2017 (9+ years old) and is registered under CIN U74999RJ2017PTC059566.
Innovex Software Technologies reported revenue of ₹6.69 Lakh for FY 2025 (down 84% YoY).
Innovex Software Technologies has 2 current directors:
- Visaram Solanki - Director
- Kantilal Jinger - Director
Innovex Software Technologies reported a net profit of ₹2.2 Lakh (net margin 32.9%) and EBITDA of ₹3.46 Lakh (EBITDA margin 51.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Innovex Software Technologies is -66% over three years and -41% over five years. In the latest year (FY 2025) revenue fell 84%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Innovex Software Technologies is 08AAECI6880R1ZN, registered in Rajasthan.
The CIN (Corporate Identification Number) of Innovex Software Technologies is U74999RJ2017PTC059566. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovex Software Technologies was incorporated on 22 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Innovex Software Technologies by revenue are Soch Business Consultancy Private Limited, Megaminds Services Private Limited, Khushboo Infotech Private Limited, Fire-Ice Consulting Services Private Limited, Srkfin Solutions Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Kantilal Jinger was appointed as Director on 22 Nov 2017. Visaram Solanki was appointed as Director on 22 Nov 2017.
Yes, Innovex Software Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-33-0001720).