Innovindica Solutions Private Limited
About Innovindica Solutions Private Limited
Data last updated:
Innovindica Solutions Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 24 November 2014.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC077418.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Puttaswamy Kudumallige and Gayathri Devi.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 2949 3rd Cross Kumaraswamy Layout, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.69 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹49,828 (net margin -29.4%) and EBITDA of -₹46,463 (EBITDA margin -27.4%).
Company details
Contact details
Innovindica Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2949 3rd Cross Kumaraswamy Layout, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, IT Consulting & Support Services, Application Development & Software Solutions
To see the full contact details of Innovindica Solutions 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 Innovindica Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Innovindica Solutions Private Limited, buy the company report.
Financials of Innovindica Solutions Private Limited
FY 2018 filings availableInnovindica Solutions Private Limited reported revenue of ₹1.69 Lakh (down 9% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year. EBITDA fell 32% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹46,463 | |||
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| Net Profit (PAT) | -₹49,828 | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | -27.4% | |||
| Net Profit Margin | -29.4% | |||
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To see the full financial statements and ratios of Innovindica Solutions Private Limited, buy the company report.
Board of directors of Innovindica Solutions Private Limited
Innovindica Solutions 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 |
|---|---|---|---|---|
| Puttaswamy Kudumallige | Director | 24 Nov 2014 | 11 Years 11 Months | As last reported |
| Gayathri Devi | Director | 24 Nov 2014 | 11 Years 11 Months | As last reported |
| Harsha Kudumallige Puttaswamy Also directs: Finnastra Private Limited | Director | 20 Jan 2015 | 11 Years 9 Months | As last reported |
Peer comparison
Innovindica Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development, IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Astathon Technologies Private Limited | ₹1.7 Lakh (FY 2024) | -92.0% | Chennai, Tamil Nadu, India | |||
| Innovindica Solutions Private Limitedthis company | ₹1.69 Lakh (FY 2018) | -₹49,828 | -29.4% | -9.0% | Bangalore, Karnataka, India | |
| Esysin India Infosolutions Private Limited | ₹1.69 Lakh (FY 2018) | -2.0% | Pune, Maharashtra, India | |||
| Sangli Online Limited | ₹1.69 Lakh (FY 2023) | Pune, Maharashtra, India |
To see the full peer comparison of Innovindica Solutions Private Limited, buy the company report.
Auditor
Innovindica Solutions Private Limited is audited by C G S & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C G S & CO | FY 2015 | 005830S |
Shareholding
The shareholding of Innovindica Solutions Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Innovindica Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovindica Solutions 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 Innovindica Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Innovindica Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Innovindica Solutions Private Limited has 4 board changes on record since 2014: 3 appointments and 1 cessation. The latest: Harsha Kudumallige Puttaswamy ceased to be Additional Director on 31 Dec 2015.
Frequently asked questions
Innovindica Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Innovindica Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 24 November 2014 and is registered under CIN U72200KA2014PTC077418. The company has been struck off by the Registrar of Companies and is no longer operational.
Innovindica Solutions had 3 directors:
- Puttaswamy Kudumallige - Director
- Gayathri Devi - Director
- Harsha Kudumallige Puttaswamy - Director
The CIN (Corporate Identification Number) of Innovindica Solutions is U72200KA2014PTC077418. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Innovindica Solutions is at 2949 3rd Cross Kumaraswamy Layout, Bangalore, Karnataka, India – 560078.
Innovindica Solutions was incorporated on 24 November 2014. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Innovindica Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Innovindica Solutions operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.
The peers of Innovindica Solutions by revenue are Astathon Technologies Private Limited, Esysin India Infosolutions Private Limited, Sangli Online Limited, all in the Information Technology industry (Application Development, IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Harsha Kudumallige Puttaswamy ceased to be Additional Director on 31 Dec 2015. Harsha Kudumallige Puttaswamy was appointed as Director on 20 Jan 2015. Gayathri Devi was appointed as Director on 24 Nov 2014. Innovindica Solutions has 4 board changes on record in total.
The compliance status of Innovindica Solutions is active non-compliant as of 24 July 2026.
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