MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0045239
Innovision People Development Consultants Private Limited - business services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹29,323
▼ 92% YoY
Net profit · FY 2024
₹12,042
Net margin 41.1%
EBITDA · FY 2024
₹17,723
EBITDA margin 60.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Innovision People Development Consultants Private Limited
Data last updated:
Innovision People Development Consultants Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the management consultancy segment of the business services sector. It was incorporated on 25 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2011PTC219123. Its GSTIN is 27AACCI6657A1ZP (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Innovision People Developments Consultants Private Limited. It is led by directors Varsha Sandeep Chitnis and Sandeep Mukund Chitnis.
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 Block No 2 Samata Sadan S.H. Paralkar Marg Shivaji Park, Mumbai, Maharashtra, India – 400028.
As per the financials filed for FY 2024, the company reported a revenue of ₹29,323, a decline of 92% compared to the previous year. For the same year it recorded a net profit of ₹12,042 (net margin 41.1%) and EBITDA of ₹17,723 (EBITDA margin 60.4%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 41% over five years.
The company is associated with 1 brand: Innovision People Development Consultants.
Innovision People Development Consultants Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0045239). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovisionpeople.com.
Company details
CIN U74900MH2011PTC219123
Registration Number 219123
Incorporation Date 25 June 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0045239
Recognitions & Rankings of Innovision People Development Consultants
Contact details
Innovision People Development Consultants Private Limited's registered office is in Mumbai, Maharashtra. Its website is innovisionpeople.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBlock No 2 Samata Sadan S.H. Paralkar Marg Shivaji Park, Mumbai, Maharashtra, India – 400028
- IndustryBusiness Services, Management Consultancy
To see the full contact details of Innovision People Development Consultants Private Limited, buy the company report.
Comprehensive company report
Innovision People Development Consultants Private Limited - one report that includes everything
- 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
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Brands
Innovision People Development Consultants operates one associated brand: Innovision People Development Consultants. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive recruitment, talent management, and HR administration services. | innovisionpeople.com |
Business activity
The main business activity of Innovision People Development Consultants is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Innovision People Development Consultants Private Limited, buy the company report.
Financials of Innovision People Development Consultants Private Limited
FY 2024 filings availableInnovision People Development Consultants Private Limited reported revenue of ₹29,323 (down 92% YoY) for FY 2024.
Revenue · FY 2024
₹29,323 ▼ 92%
Net profit · FY 2024
₹12,042 margin 41.1%
EBITDA · FY 2024
₹17,723 margin 60.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 92%
3 years · compounded
▼ 40%
5 years · compounded
▼ 41%
EBITDA CAGR growth
1 year
▲ 139%
3 years · compounded
▼ 33%
5 years · compounded
▼ 21%
Revenue has declined at a compounded annual rate (CAGR) of 41% over five years, including a 92% fall in the latest year. EBITDA rose 139% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹17,723 | ||||
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| Net Profit (PAT) | ₹12,042 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 60.4% | ||||
| Net Profit Margin | 41.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Innovision People Development Consultants Private Limited, buy the company report.
Board of directors of Innovision People Development Consultants Private Limited
Innovision People Development Consultants has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varsha Sandeep Chitnis | Director | 25 Jun 2011 | 15 Years 4 Months | Current |
| Sandeep Mukund Chitnis Also directs: S C M K & Co LLP, Peoplescape Consultancy LLP, Innovision Corporate Consultants Private Limited and 4 more | Director | 25 Jun 2011 | 15 Years 4 Months | Current |
Peer comparison
Innovision People Development Consultants Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vikruti Sales Private Limited | ₹29,440 (FY 2021) | 0.0% | Kolkata, West Bengal, India | |||
| Nankum Consulting Services (OPC) Private Limited | ₹29,344 (FY 2025) | -82.0% | Vaibhavkhandindirapuram, Uttar Pradesh, India | |||
| Naik Signage Solutions Private Limited | ₹29,338 (FY 2018) | Bangalore, Karnataka, India | ||||
| Innovision People Development Consultants Private Limitedthis company | ₹29,323 (FY 2024) | ₹12,042 | 41.1% | -92.0% | Mumbai, Maharashtra, India | |
| Jagdamba Tie Up Private Limited | ₹29,300 (FY 2025) | -22.0% | Bhilai, Chhattisgarh, India | |||
| Drongo Foundation | ₹29,266 (FY 2025) | -32.0% | Murshidabad, West Bengal, India | |||
| Digital Pathway Private Limited | ₹29,250 (FY 2025) | -100.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Innovision People Development Consultants Private Limited, buy the company report.
Auditor
Innovision People Development Consultants Private Limited is audited by P.P. ATHAVLE & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.P. ATHAVLE & CO. | FY 2017 | 100745W |
Shareholding
The shareholding of Innovision People Development Consultants Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Innovision People Development Consultants Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovision People Development Consultants 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 Innovision People Development Consultants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innovision People Development Consultants has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI6657A1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Innovision People Development Consultants Private Limited, buy the company report.
Recent activity
Innovision People Development Consultants Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Sandeep Mukund Chitnis was appointed as Director on 25 Jun 2011.
AGM
Innovision People Development Consultants Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Innovision People Development Consultants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Appointed
Sandeep Mukund Chitnis was appointed as Director.
Appointed
Varsha Sandeep Chitnis was appointed as Director.
Incorporation
25 Jun 2011
Innovision People Development Consultants Private Limited was registered on 25 Jun 2011 with Roc Mumbai I & aged 15 years 4 months as per MCA records.
Frequently asked questions
Innovision People Development Consultants is an active private limited company based in Mumbai, Maharashtra, India. The company works in management consultancy, within the business services industry. It was incorporated on 25 June 2011 (15+ years old) and is registered under CIN U74900MH2011PTC219123.
Innovision People Development Consultants has 2 current directors:
- Varsha Sandeep Chitnis - Director
- Sandeep Mukund Chitnis - Director
The latest financial statements of Innovision People Development Consultants 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 2015 are in the company report.
The GSTIN of Innovision People Development Consultants is 27AACCI6657A1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Innovision People Development Consultants is U74900MH2011PTC219123. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovision People Development Consultants was incorporated on 25 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Innovision People Development Consultants by revenue are Vikruti Sales Private Limited, Nankum Consulting Services (OPC) Private Limited, Naik Signage Solutions Private Limited, Jagdamba Tie Up Private Limited, Drongo Foundation and 1 more, all in the same principal business activity (other professional, scientific and technical activities).
Sandeep Mukund Chitnis was appointed as Director on 25 Jun 2011. Varsha Sandeep Chitnis was appointed as Director on 25 Jun 2011.
Yes, Innovision People Development Consultants is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0045239).
Innovision People Development Consultants can be reached through the website innovisionpeople.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Innovision People Development Consultants is at Block No 2 Samata Sadan S.H. Paralkar Marg Shivaji Park, Mumbai, Maharashtra, India – 400028.
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