DPIIT recognised startup Government of India
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Innspark Solutions Private Limited - information technology in Karunagappally, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹15.2 Cr
▼ 83% YoY
Net profit · FY 2024
₹5.69 Cr
Net margin 37.4%
EBITDA · FY 2024
₹8.39 Cr
EBITDA margin 55.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Innspark Solutions Private Limited
Data last updated:
Innspark Solutions Private Limited is a private limited company based in Karunagappally, Kerala, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U73100KL2019PTC056869. Its GSTIN is 32AAFCI1806A1ZE (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Prabaharan Poornachandran and Sujadevi Vijaya Gangadharan.
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 Cp/XII/482 Clappana P.O, Karunagappally, Kerala, India – 690525.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.2 Cr, a decline of 83% compared to the previous year. For the same year it recorded a net profit of ₹5.69 Cr (net margin 37.4%) and EBITDA of ₹8.39 Cr (EBITDA margin 55.2%). Revenue has grown at a compounded annual rate (CAGR) of 79% over three years.
The company is associated with 1 brand: InnSpark.
Innspark Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-06-0002035). For more details, the company can be reached via its website innspark.in.
Company details
CIN U73100KL2019PTC056869
Registration Number 056869
Incorporation Date 19 February 2019
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KL-06-0002035
Recognitions & Rankings of Innspark Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-KL-06-0002035
Contact details
Innspark Solutions Private Limited's registered office is in Karunagappally, Kerala. Its website is innspark.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressCp/XII/482 Clappana P.O, Karunagappally, Kerala, India – 690525
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Innspark Solutions Private Limited, buy the company report.
Comprehensive company report
Innspark Solutions 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
Innspark Solutions operates one associated brand: InnSpark. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides big data security analytics and cybersecurity solutions for enterprises. | innspark.in |
Business activity
The main business activity of Innspark 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 Innspark Solutions Private Limited, buy the company report.
Financials of Innspark Solutions Private Limited
FY 2024 filings availableInnspark Solutions Private Limited reported revenue of ₹15.2 Cr (down 83% YoY) for FY 2024.
Revenue · FY 2024
₹15.2 Cr ▼ 83%
Net profit · FY 2024
₹5.69 Cr margin 37.4%
EBITDA · FY 2024
₹8.39 Cr margin 55.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 83%
3 years · compounded
▲ 79%
EBITDA CAGR growth
1 year
▼ 90%
3 years · compounded
▲ 297%
Revenue fell 83% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 79%. EBITDA fell 90% 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 | ₹8.39 Cr | ||||
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| Net Profit (PAT) | ₹5.69 Cr | ||||
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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 | 55.2% | ||||
| Net Profit Margin | 37.4% | ||||
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To see the full financial statements and ratios of Innspark Solutions Private Limited, buy the company report.
Board of directors of Innspark Solutions Private Limited
Innspark Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabaharan Poornachandran | Director | 19 Feb 2019 | 7 Years 8 Months | Current |
| Sujadevi Vijaya Gangadharan | Director | 19 Feb 2019 | 7 Years 8 Months | Current |
Peer comparison
Innspark Solutions Private Limited is compared with the 8 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Benchmark Infotech Private Limited | ₹15.23 Cr (FY 2024) | Gurgaon, Haryana, India | ||||
| Nebbia Technologies India Private Limited | ₹15.22 Cr (FY 2025) | 37.0% | Pune, Maharashtra, India | |||
| Lera Technologies Private Limited | ₹15.21 Cr (FY 2024) | 7.0% | Hyderabad, Telangana, India | |||
| U-To Solutions (India) Private Limited | ₹15.21 Cr (FY 2024) | 18.0% | Mumbai, Maharashtra, India | |||
| Innspark Solutions Private Limitedthis company | ₹15.2 Cr (FY 2024) | ₹5.69 Cr | 37.4% | -83.0% | Karunagappally, Kerala, India | |
| Anuta Networks Private Limited | ₹15.2 Cr (FY 2024) | -23.0% | Bangalore, Karnataka, India | |||
| Aparajitha Software Services Private Limited | ₹15.2 Cr (FY 2025) | 18.0% | Madurai, Tamil Nadu, India | |||
| Anora Semiconductor Labs Private Limited | ₹15.19 Cr (FY 2025) | 2.0% | Chennai, Tamil Nadu, India | |||
| 9Edge Technologies Private Limited | ₹15.19 Cr (FY 2025) | -11.0% | Pune, Maharashtra, India |
To see the full peer comparison of Innspark Solutions Private Limited, buy the company report.
Auditor
Innspark Solutions Private Limited is audited by N. RAJA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. RAJA & ASSOCIATES | FY 2022 | 003388S |
Shareholding
The shareholding of Innspark Solutions Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Innspark Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innspark 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 Innspark Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innspark Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAFCI1806A1ZE | Kerala | Active | 10 Jan 2020 |
To see the full GST registrations and return filing status of Innspark Solutions Private Limited, buy the company report.
Recent activity
Innspark Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Prabaharan Poornachandran was appointed as Director on 19 Feb 2019.
AGM
Innspark Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Innspark Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Appointed
Prabaharan Poornachandran was appointed as Director.
Appointed
Sujadevi Vijaya Gangadharan was appointed as Director.
Incorporation
19 Feb 2019
Innspark Solutions Private Limited was registered on 19 Feb 2019 with Roc Ernakulam & aged 7 years 8 months as per MCA records.
Frequently asked questions
Innspark Solutions is an active private limited company based in Karunagappally, Kerala, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 February 2019 (7+ years old) and is registered under CIN U73100KL2019PTC056869.
Innspark Solutions has 2 current directors:
- Prabaharan Poornachandran - Director
- Sujadevi Vijaya Gangadharan - Director
The latest financial statements of Innspark Solutions 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 FY 2019 are in the company report.
The GSTIN of Innspark Solutions is 32AAFCI1806A1ZE, registered in Kerala.
The CIN (Corporate Identification Number) of Innspark Solutions is U73100KL2019PTC056869. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innspark Solutions was incorporated on 19 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Innspark Solutions by revenue are Benchmark Infotech Private Limited, Nebbia Technologies India Private Limited, Lera Technologies Private Limited, U-To Solutions (India) Private Limited, Anuta Networks Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Prabaharan Poornachandran was appointed as Director on 19 Feb 2019. Sujadevi Vijaya Gangadharan was appointed as Director on 19 Feb 2019.
Yes, Innspark Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Innspark Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KL-06-0002035).
Innspark Solutions can be reached through the website innspark.in. Its registered office is in Karunagappally, Kerala, India.