- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UP-29-0007889

About Innvolution Healthcare Private Limited
Data last updated:
Innvolution Healthcare Private Limited is a private limited company based in Kaushambi, Uttar Pradesh, India. It operates in the healthcare technology segment of the healthcare sector. It was incorporated on 20 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74999UP2011PTC109144.
The company has an authorised share capital of ₹3.1 Cr and a paid-up capital of ₹16.32 Lakh. It is led by directors including Gaurav Agarwal and Ashvini Suthar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Kaushambi, Uttar Pradesh.
As per the financials filed for FY 2022, the company reported a revenue of ₹87.8 Cr, a growth of 26% compared to the previous year. For the same year it recorded EBITDA of ₹2.36 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 17% over five years.
The company has about 57 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Business Connect India and Innvolution. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending.
Innvolution Healthcare Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-29-0007889). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innvolution.com.
Company details
CIN history
Innvolution Healthcare has one previous CIN (Corporate Identification Number): U74999DL2011PTC229040. The current CIN is U74999UP2011PTC109144, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999UP2011PTC109144 | Current |
| U74999DL2011PTC229040 | Previous |
Recognitions & Rankings of Innvolution Healthcare
Contact details
Innvolution Healthcare Private Limited's registered office is in Kaushambi, Uttar Pradesh. Its website is innvolution.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address324 3rd Floor Angel Mega Mall, Plot No. Ck – 1, Kaushambi, Uttar Pradesh, India – 201010
- IndustryHealthcare, Healthcare Technology
To see the full contact details of Innvolution Healthcare 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
Brands
Innvolution Healthcare operates two associated brands: Business Connect India and Innvolution. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers business news, interviews, and success stories in India. | businessconnectindia.in | |
| Provider of cardiovascular and respiratory disease management through technologies and solutions | innvolution.com |
Financials of Innvolution Healthcare Private Limited
FY 2022 filings availableInnvolution Healthcare Private Limited reported revenue of ₹87.8 Cr (up 26% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 26% growth in the latest year. EBITDA fell 19% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹2.36 Cr | ||||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| 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 Innvolution Healthcare Private Limited, buy the company report.
Board of directors of Innvolution Healthcare Private Limited
Innvolution Healthcare has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunny Sharma Also directs: Marksans Pharma Limited, Advanced Enzyme Technologies Limited, Lattice Medtech Private Limited and 5 more | Nominee Director | 19 Apr 2023 | Current | |
| Gaurav Agarwal Also directs: Innvolution Healthcare Private Limited, Bijat Ventures LLP, Fujifilm Innvolution Private Limited and 1 more | Director | 20 Dec 2011 | 14 Years 10 Months | Current |
| Ashvini Suthar | Director | 20 Dec 2011 | 14 Years 10 Months | Current |
Auditor
Innvolution Healthcare Private Limited is audited by ASHWANI JOSHI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHWANI JOSHI & ASSOCIATES | FY 2021 | 005547N |
Shareholding
The shareholding of Innvolution Healthcare Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Innvolution Healthcare Private Limited, buy the company report.
Legal cases
Innvolution Healthcare Private Limited has 3 court cases on record: 3 filed by Innvolution Healthcare. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 0 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East, Delhi | Cheque dishonour complaint | Filed by the company against M/S Four A Retails Private Limited | Pending |
| High Court, UTTARPRADESH | Court case (WTAX) | Filed by the company against GST Council and 2 Others | Pending |
| NCLT, Bengaluru | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Innvolution Healthcare Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Innvolution Healthcare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innvolution Healthcare Private Limited has a workforce of 146 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
GST
No GST registration is on our record for Innvolution Healthcare Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Innvolution Healthcare Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Sunny Sharma was appointed as Nominee Director on 19 Apr 2023.
Frequently asked questions
Innvolution Healthcare is an active private limited company based in Kaushambi, Uttar Pradesh, India. The company works in healthcare technology, within the healthcare industry. It was incorporated on 20 December 2011 (15+ years old) and is registered under CIN U74999UP2011PTC109144.
Innvolution Healthcare has 3 current directors:
- Sunny Sharma - Nominee Director
- Gaurav Agarwal - Director
- Ashvini Suthar - Director
The latest financial statements of Innvolution Healthcare on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Innvolution Healthcare is U74999UP2011PTC109144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innvolution Healthcare has 3 court cases on record: 3 filed by the company. 2 are pending. Most are in the district courts.
Innvolution Healthcare was incorporated on 20 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Kanpur.
Sunny Sharma was appointed as Nominee Director on 19 Apr 2023. Rajesh Sethumadhavan ceased to be Director on 21 Jul 2014. Ashvini Suthar was appointed as Director on 20 Dec 2011. Innvolution Healthcare has 4 board changes on record in total.
Yes, Innvolution Healthcare is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-29-0007889).
Innvolution Healthcare can be reached through the website innvolution.com. Its registered office is in Kaushambi, Uttar Pradesh, India.
The registered office of Innvolution Healthcare is at 324 3rd Floor Angel Mega Mall, Plot No. Ck – 1, Kaushambi, Uttar Pradesh, India – 201010.

