Innovit Services Private Limited
About Innovit Services Private Limited
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Innovit Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 23 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2020PTC141356. Its GSTIN is 29AAFCI9079P1ZH (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10,870. It is led by directors Anil Kumar Veda and Himanshu Bhalotia.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹64.3 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹37.39 Lakh (net margin 58.2%) and EBITDA of ₹55.27 Lakh (EBITDA margin 86%). Revenue has grown at a compounded annual rate (CAGR) of 124% over three years.
Company details
Contact details
Innovit Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH No. 1102 Shobha Daisy Green, Glen Layout, Bangalore, Karnataka, India – 560103
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Innovit Services 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 Innovit Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Innovit Services Private Limited, buy the company report.
Financials of Innovit Services Private Limited
FY 2025 filings availableInnovit Services Private Limited reported revenue of ₹64.3 Lakh (up 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 124% over three years, including 2% growth in the latest year. EBITDA rose 79% 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 |
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| EBITDA | ₹55.27 Lakh | |||
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| Net Profit (PAT) | ₹37.39 Lakh | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 86% | |||
| Net Profit Margin | 58.2% | |||
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To see the full financial statements and ratios of Innovit Services Private Limited, buy the company report.
Board of directors of Innovit Services Private Limited
Innovit Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Kumar Veda | Director | 01 Sep 2025 | 1 Years 1 Months | Current |
| Himanshu Bhalotia | Director | 23 Sep 2023 | 3 Years 1 Months | Current |
Auditor
Innovit Services Private Limited is audited by SHARMA ANKUR & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARMA ANKUR & ASSOCIATES | FY 2022 | 033362N |
Shareholding
The shareholding of Innovit Services Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Innovit Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovit Services 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 Innovit Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innovit Services Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Innovit Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCI9079P1ZH | Karnataka | Active | 17 Jul 2021 |
To see the full GST registrations and return filing status of Innovit Services Private Limited, buy the company report.
Recent activity
Innovit Services Private Limited has 6 board changes on record since 2023: 2 appointments and 4 cessations. The latest: Anil Kumar Veda ceased to be Additional Director on 29 Sep 2025.
Frequently asked questions
Innovit Services is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 23 November 2020 (6+ years old) and is registered under CIN U74999KA2020PTC141356.
Innovit Services has 2 current directors:
- Anil Kumar Veda - Director
- Himanshu Bhalotia - Director
The latest financial statements of Innovit Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Innovit Services is 29AAFCI9079P1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Innovit Services is U74999KA2020PTC141356. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovit Services was incorporated on 23 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Anil Kumar Veda ceased to be Additional Director on 29 Sep 2025. Anil Kumar Veda was appointed as Director on 01 Sep 2025. Supriya Bolia ceased to be Director on 01 Sep 2025. Innovit Services has 6 board changes on record in total.
The registered office of Innovit Services is at H No. 1102 Shobha Daisy Green, Glen Layout, Bangalore, Karnataka, India – 560103.
Innovit Services operates in the business outsourcing industry, in the business and IT consulting segment.
Innovit Services can be reached at its registered office: H No. 1102 Shobha Daisy Green, Glen Layout, Bangalore, Karnataka, India – 560103.