DPIIT recognised startup Government of India
Startup India
Innovotronic Private Limited - equipment & machinery in Bengaluru, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2024
₹45.44 Lakh
▼ 56% YoY
Net loss · FY 2024
₹80,181
Net margin -1.8%
EBITDA · FY 2024
₹5.25 Lakh
EBITDA margin 11.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Innovotronic Private Limited
Data last updated:
Innovotronic Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the manufacturing segment of the industrial equipment and machinery sector. It was incorporated on 29 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29100KA2020PTC137885.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vinay Basutkar and Vidya Basutkar.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 34/2 4th Floor 10th Cross Rajajinagar 1st N Block, Bengaluru, Karnataka, India – 560010.
As per the financials filed for FY 2024, the company reported a revenue of ₹45.44 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹80,181 (net margin -1.8%) and EBITDA of ₹5.25 Lakh (EBITDA margin 11.6%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years.
Innovotronic Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0192645). For more details, the company can be reached via its website innovotronic.com.
Company details
CIN U29100KA2020PTC137885
Registration Number 137885
Incorporation Date 29 August 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0192645
Recognitions & Rankings of Innovotronic
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0192645
Contact details
Innovotronic Private Limited's registered office is in Bengaluru, Karnataka.
- Registered Address34/2 4th Floor 10th Cross Rajajinagar 1st N Block, Bengaluru, Karnataka, India – 560010
- IndustryEquipment & Machinery, Manufacturing, General Purposemachinery
Comprehensive company report
Innovotronic 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Innovotronic is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Innovotronic Private Limited, buy the company report.
Financials of Innovotronic Private Limited
FY 2025 filings availableInnovotronic Private Limited reported revenue of ₹45.44 Lakh (down 56% YoY) for FY 2024.
Revenue · FY 2024
₹45.44 Lakh ▼ 56%
Net loss · FY 2024
₹80,181 margin -1.8%
EBITDA · FY 2024
₹5.25 Lakh margin 11.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 56%
3 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 84%
3 years · compounded
▼ 32%
Revenue has declined at a compounded annual rate (CAGR) of 7% over three years, including a 56% fall in the latest year. EBITDA fell 84% 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 |
|---|---|---|---|---|
| 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 | ₹5.25 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹80,181 | |||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 11.6% | |||
| Net Profit Margin | -1.8% | |||
| 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 | ||||
To see the full financial statements and ratios of Innovotronic Private Limited, buy the company report.
Board of directors of Innovotronic Private Limited
Innovotronic has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Basutkar Also directs: Andig Signalyser Private Limited | Director | 29 Aug 2020 | 6 Years 1 Months | Current |
| Vidya Basutkar | Director | 29 Aug 2020 | 6 Years 1 Months | Current |
| Sanjana Basutkar Also directs: Andig Signalyser Private Limited | Director | 29 Aug 2020 | 6 Years 1 Months | Current |
Peer comparison
Innovotronic Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Graf Impex Private Limited | ₹45.51 Lakh (FY 2024) | -26.0% | Gurgaon, Haryana, India | |||
| Stem Cell Cure India Private Limited | ₹45.48 Lakh (FY 2025) | 141.0% | Delhi, India | |||
| Fae Enterprises Private Limited | ₹45.46 Lakh (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| Pahel Development Services Private Limited | ₹45.45 Lakh (FY 2017) | -37.0% | Faizabad, Uttar Pradesh, India | |||
| Sarthak Business System Private Limited | ₹45.45 Lakh (FY 2025) | 15.0% | Agra, Uttar Pradesh, India | |||
| Innovotronic Private Limitedthis company | ₹45.44 Lakh (FY 2024) | -₹80,181 | -1.8% | -56.0% | Bengaluru, Karnataka, India | |
| Elpiso Online Solutions Private Limited | ₹45.44 Lakh (FY 2018) | 411.0% | Bangalore, Karnataka, India | |||
| Kanchipuram Sabthagiri Silks Sarees Private Limited | ₹45.44 Lakh (FY 2021) | 12.0% | Port Blair, Andaman and Nicobar Islands, India | |||
| Ajit Polyster (Matallica) Pvt Ltd | ₹45.42 Lakh (FY 2024) | -30.0% | Delhi, India | |||
| Sit4 Synerly Private Limited | ₹45.42 Lakh (FY 2020) | -60.0% | Bngalore, Karnataka, India | |||
| H.S. Agrirepromart Private Limited | ₹45.41 Lakh (FY 2023) | 5.0% | Sitapur, Uttar Pradesh, India |
To see the full peer comparison of Innovotronic Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovotronic 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 Innovotronic 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 Innovotronic Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Innovotronic Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Sanjana Basutkar was appointed as Director on 29 Aug 2020.
AGM
Innovotronic Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Innovotronic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Sanjana Basutkar was appointed as Director.
Appointed
Vidya Basutkar was appointed as Director.
Appointed
Vinay Basutkar was appointed as Director.
Incorporation
29 Aug 2020
Innovotronic Private Limited was registered on 29 Aug 2020 with Roc Bangalore & aged 6 years 2 months as per MCA records.
Frequently asked questions
Innovotronic is an active private limited company based in Bengaluru, Karnataka, India. The company works in manufacturing, within the equipment and machinery industry. It was incorporated on 29 August 2020 (6+ years old) and is registered under CIN U29100KA2020PTC137885.
Innovotronic has 3 current directors:
- Vinay Basutkar - Director
- Vidya Basutkar - Director
- Sanjana Basutkar - Director
The latest financial statements of Innovotronic on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Innovotronic is U29100KA2020PTC137885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovotronic was incorporated on 29 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Innovotronic by revenue are Graf Impex Private Limited, Stem Cell Cure India Private Limited, Fae Enterprises Private Limited, Pahel Development Services Private Limited, Sarthak Business System Private Limited and 5 more, all in the same principal business activity (retail trading).
Sanjana Basutkar was appointed as Director on 29 Aug 2020. Vidya Basutkar was appointed as Director on 29 Aug 2020. Vinay Basutkar was appointed as Director on 29 Aug 2020.
Yes, Innovotronic is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Innovotronic is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0192645).
Innovotronic can be reached through the website innovotronic.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Innovotronic is at 342 4th Floor 10th Cross Rajajinagar 1st N Block, Bengaluru, Karnataka, India – 560010.