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Inovec Solutions Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.07 Lakh
▲ 61% YoY
Net loss · FY 2024
₹2.88 Lakh
Net margin -35.7%
EBITDA · FY 2024
-₹2.86 Lakh
EBITDA margin -35.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Inovec Solutions Private Limited
Data last updated:
Inovec Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 06 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2021PTC367081. Its GSTIN is 27AAGCI2957R1ZR (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Harsh Khandelwal and Priyanka Harsh Khandelwal.
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 Plot No 47 Flat No 302 Floor 3 Dilbahar Chsl Opp Hotel Blue Diamond, Mumbai, Maharashtra, India – 400703.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.07 Lakh, a growth of 61% compared to the previous year. For the same year it recorded a net loss of ₹2.88 Lakh (net margin -35.7%) and EBITDA of -₹2.86 Lakh (EBITDA margin -35.5%).
The company is associated with 1 brand: Inovec.
Inovec Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0206389). For more details, the company can be reached via its website inovec.in.
Company details
CIN U72900MH2021PTC367081
Registration Number 367081
Incorporation Date 06 September 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0206389
Recognitions & Rankings of Inovec Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0206389
Contact details
Inovec Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is inovec.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 47 Flat No 302 Floor 3 Dilbahar Chsl Opp Hotel Blue Diamond, Mumbai, Maharashtra, India – 400703
- IndustryInformation Technology, Web Design & Maintenance Services
To see the full contact details of Inovec Solutions Private Limited, buy the company report.
Comprehensive company report
Inovec 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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Business activity
The main business activity of Inovec Solutions 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 Inovec Solutions Private Limited, buy the company report.
Financials of Inovec Solutions Private Limited
FY 2025 filings availableInovec Solutions Private Limited reported revenue of ₹8.07 Lakh (up 61% YoY) for FY 2024.
Revenue · FY 2024
₹8.07 Lakh ▲ 61%
Net loss · FY 2024
₹2.88 Lakh margin -35.7%
EBITDA · FY 2024
-₹2.86 Lakh margin -35.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 61%
EBITDA CAGR growth
1 year
▲ 53%
Revenue rose 61% in the latest year. EBITDA rose 53% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | -₹2.86 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.88 Lakh | ||
| 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 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -35.5% | ||
| Net Profit Margin | -35.7% | ||
| 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 Inovec Solutions Private Limited, buy the company report.
Board of directors of Inovec Solutions Private Limited
Inovec Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsh Khandelwal | Director | 06 Sep 2021 | 5 Years 2 Months | Current |
| Priyanka Harsh Khandelwal | Director | 01 Feb 2022 | 4 Years 9 Months | Current |
Auditor
Inovec Solutions Private Limited is audited by Sonejee & Gandhi for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sonejee & Gandhi | FY 2022 | 116858W |
Shareholding
The shareholding of Inovec Solutions Private Limited is on record for FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Inovec Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Inovec 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 Inovec Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Inovec Solutions Private Limited has 1 active EPFO establishment as of Apr 03, 2024.
Active EPFO establishments
1
GST
Inovec Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCI2957R1ZR | Maharashtra | Active | 21 May 2022 |
To see the full GST registrations and return filing status of Inovec Solutions Private Limited, buy the company report.
Recent activity
Inovec Solutions Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Priyanka Harsh Khandelwal ceased to be Additional Director on 24 Feb 2023.
AGM
Inovec Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Inovec Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Priyanka Harsh Khandelwal ceased to be Additional Director.
Ceased
Akshay Kapasi ceased to be Director.
Appointed
Priyanka Harsh Khandelwal was appointed as Director.
Appointed
Harsh Khandelwal was appointed as Director.
Incorporation
06 Sep 2021
Inovec Solutions Private Limited was registered on 06 Sep 2021 with Roc Mumbai I & aged 5 years 2 months as per MCA records.
Frequently asked questions
Inovec Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 06 September 2021 (5+ years old) and is registered under CIN U72900MH2021PTC367081.
Inovec Solutions has 2 current directors:
- Harsh Khandelwal - Director
- Priyanka Harsh Khandelwal - Director
The latest financial statements of Inovec Solutions 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 2022 are in the company report.
The GSTIN of Inovec Solutions is 27AAGCI2957R1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Inovec Solutions is U72900MH2021PTC367081. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inovec Solutions was incorporated on 06 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Priyanka Harsh Khandelwal ceased to be Additional Director on 24 Feb 2023. Akshay Kapasi ceased to be Director on 20 Feb 2022. Priyanka Harsh Khandelwal was appointed as Director on 01 Feb 2022. Inovec Solutions has 4 board changes on record in total.
Yes, Inovec Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Inovec Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0206389).
Inovec Solutions can be reached through the website inovec.in. Its registered office is in Mumbai, Maharashtra, India.
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