Innovus Retail Private Limited

Innovus Retail Private Limited - business services in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U47912KA2023PTC182047 Incorporated 11 December 2023 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company
Data last updated
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
3 yrs
Est. 2023
Directors on board
2
As per MCA filings
Brands
1
Associated brands
Last financials
Mar 2025
Balance sheet date
Last AGM
28 Sep 2025
Annual general meeting
Company status
Active
MCA master data

About Innovus Retail Private Limited

Data last updated:

Innovus Retail Private Limited is a private limited company based in Bangalore, Karnataka, India. It was incorporated on 11 December 2023.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U47912KA2023PTC182047.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suraj Sadashiva Shetty and Rakesh Anand Shivanand.

Its last annual general meeting (AGM) was held on 28 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.

The company is associated with 1 brand: The Hustle Groove.

Company details

CIN U47912KA2023PTC182047
Registration Number 182047
Incorporation Date 11 December 2023
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2025
Date of Balance Sheet 31 March 2025

Contact details

Innovus Retail Private Limited's registered office is in Bangalore, Karnataka.

  • Registered Address
    No.51 5th Main Road, 5th Block Jayanagar, Bangalore, Karnataka, India – 560011
Comprehensive company report
Innovus Retail Private Limited - one report that includes everything
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  • Historical financials and ratios
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  • Legal cases, compliance and MCA filings
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Brands

Innovus Retail operates one associated brand: The Hustle Groove. Each brand links to its own profile.

BrandDescriptionWebsite
Offers premium streetwear clothing through online retail in India.thehustleg.store

Financials of Innovus Retail Private Limited

FY 2025 filings available

Financial Statement Summary

MetricsFY 2024-25FY 2023-24
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2024-25FY 2023-24
Profitability
EBITDA Margin
Net Profit Margin
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 Innovus Retail Private Limited, buy the company report.

Board of directors of Innovus Retail Private Limited

Innovus Retail has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Suraj Sadashiva ShettyDirector11 Dec 20232 Years 10 MonthsCurrent
Rakesh Anand ShivanandAdditional Director04 Aug 20251 Years 3 MonthsCurrent

MSME payment delays

No delayed payments to MSME suppliers are on our record for Innovus Retail 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 Innovus Retail Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Innovus Retail Private Limited has 7 board changes on record since 2023: 4 appointments and 3 cessations. The latest: Karthik Udaykumar Shetty ceased to be Director on 30 Sep 2025.

Ceased
Karthik Udaykumar Shetty ceased to be Director.
Ceased
Krithi Udayakumar Shetty ceased to be Director.
AGM
Innovus Retail Private Limited last Annual general meeting of members was held on 28 Sep 2025 as per latest MCA records.
Appointed
Rakesh Anand Shivanand was appointed as Additional Director.
Filing
Innovus Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Sunita Sylvia Suresh Kumar ceased to be Director.
Appointed
Karthik Udaykumar Shetty was appointed as Director.
Appointed
Krithi Udayakumar Shetty was appointed as Director.
Appointed
Suraj Sadashiva Shetty was appointed as Director.
Incorporation
11 Dec 2023
Innovus Retail Private Limited was registered on 11 Dec 2023 with Roc Bangalore & aged 2 years 10 months as per MCA records.

Frequently asked questions

Innovus Retail is an active private limited company based in Bangalore, Karnataka, India. It was incorporated on 11 December 2023 (3+ years old) and is registered under CIN U47912KA2023PTC182047.

Innovus Retail has 2 current directors:

The latest financial statements of Innovus Retail on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 September 2025. Year-wise statements from FY 2024 are in the company report.

The CIN (Corporate Identification Number) of Innovus Retail is U47912KA2023PTC182047. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Innovus Retail was incorporated on 11 December 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.

Karthik Udaykumar Shetty ceased to be Director on 30 Sep 2025. Krithi Udayakumar Shetty ceased to be Director on 30 Sep 2025. Rakesh Anand Shivanand was appointed as Additional Director on 04 Aug 2025. Innovus Retail has 7 board changes on record in total.

The registered office of Innovus Retail is at No.51 5th Main Road, 5th Block Jayanagar, Bangalore, Karnataka, India – 560011.

Innovus Retail has 1 associated brand: The Hustle Groove.

Innovus Retail can be reached at its registered office: No.51 5th Main Road, 5th Block Jayanagar, Bangalore, Karnataka, India – 560011.

Innovus Retail is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.