- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0138095

Iraa Innovations Private Limited
About Iraa Innovations Private Limited
Data last updated:
Iraa Innovations Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the speciality chemicals segment of the chemicals sector. It was incorporated on 19 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24290MH2020PTC344058.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sanjivani Vijayendra Upadhye and Chandragupta Shivprasad Bhide.
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 B – 138 1st Floor Mumbai Pune Mms Premises Wadala Truck Terminal Road Wadala East, Maharashtra, India – 400037.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.75 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1,511 (net margin -0.3%) and EBITDA of ₹5,133 (EBITDA margin 1.1%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years.
Iraa Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0138095).
Recognitions & Rankings of Iraa Innovations
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressB – 138 1st Floor Mumbai Pune Mms Premises Wadala Truck Terminal Road Wadala East, Maharashtra, India – 400037
- IndustryChemicals, Other Chemical Product, Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Iraa Innovations Private Limited
The main business activity of Iraa Innovations is manufacturing. In detail, this covers manufacture of chemicals and chemical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 20 | Manufacture of chemicals and chemical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Iraa Innovations Private Limited FY 2025 filings available
Iraa Innovations Private Limited reported revenue of ₹4.75 Lakh (up 153% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Iraa Innovations Private Limited
Revenue rose 153% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 61%. EBITDA rose 103% 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 of Iraa Innovations Private Limited
| Metrics | FY 2024-25 | 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 | ₹5,133 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1,511 | •••• | •••• | •••• | •••• |
| 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 of Iraa Innovations Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Iraa Innovations are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Iraa Innovations Private Limited
Iraa Innovations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjivani Vijayendra Upadhye Also directs: Adveera Creatives LLP | Director | 19 Aug 2020 | 6 Years 2 Months | Current |
| Chandragupta Shivprasad Bhide Also directs: Macs Water Remedies Private Limited | Director | 19 Aug 2020 | 6 Years 2 Months | Current |
Peer Comparison of Iraa Innovations Private Limited
Iraa Innovations Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Manufacture of chemicals and chemical products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kanasparsa Chemicals Private Limited | ₹4.86 Lakh (FY 2025) | •••• | •••• | 72.0% | •••• | Bangalore, Karnataka, India |
| Ramciya Paints Private Limited | ₹4.81 Lakh (FY 2024) | •••• | •••• | •••• | Cuttack Sadar, Odisha, India | |
| Vista Chemicals Pvt Ltd | ₹4.8 Lakh (FY 2025) | •••• | •••• | 77.0% | •••• | Mumbai, Maharashtra, India |
| Abava Exim Private Limited | ₹4.78 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Acg Cellulose Private Limited | ₹4.76 Lakh (FY 2025) | •••• | •••• | 632.0% | •••• | Mumbai, Maharashtra, India |
| Iraa Innovations Private Limited this company | ₹4.75 Lakh (FY 2025) | •••• | •••• | 153.0% | •••• | Mumbai, Maharashtra, India |
| Adbeel Chemicals Private Limited | ₹4.62 Lakh (FY 2025) | •••• | •••• | -63.0% | •••• | Nagpur, Maharashtra, India |
| Canar Herbal Cosmetics Private Limited | ₹4.6 Lakh (FY 2025) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| Dr Herbmed Private Limited | ₹4.48 Lakh (FY 2024) | •••• | •••• | •••• | Rajkot, Gujarat, India | |
| Bestirgalaxy India Private Limited | ₹4.4 Lakh (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Sarveshwar Chemicals Private Limited | ₹4.36 Lakh (FY 2025) | •••• | •••• | -34.0% | •••• | Dombivli, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Iraa Innovations by revenue in the same principal business activity (Manufacture of chemicals and chemical products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Iraa Innovations Private Limited
Iraa Innovations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Iraa Innovations Private Limited
Employment history and EPFO contributions of people linked to Iraa Innovations.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Iraa Innovations Private Limited
Iraa Innovations Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Chandragupta Shivprasad Bhide was appointed as Director on 19 Aug 2020.
Credit Ratings, Litigation & Regulatory Alerts for Iraa Innovations Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Iraa Innovations Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Iraa Innovations Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Iraa Innovations Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Iraa Innovations Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Iraa Innovations Private Limited
Iraa Innovations is an active private limited company based in Mumbai, Maharashtra, India. The company works in other chemical product, within the chemicals industry. It was incorporated on 19 August 2020 (6+ years old) and is registered under CIN U24290MH2020PTC344058.
Iraa Innovations reported revenue of ₹4.75 Lakh for FY 2025 (up 153% YoY).
Iraa Innovations has 2 current directors:
- Sanjivani Vijayendra Upadhye - Director
- Chandragupta Shivprasad Bhide - Director
Iraa Innovations reported a net loss of ₹1,511 (net margin -0.3%) and EBITDA of ₹5,133 (EBITDA margin 1.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Iraa Innovations is -61% over three years. In the latest year (FY 2025) revenue rose 153%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Iraa Innovations is U24290MH2020PTC344058. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iraa Innovations was incorporated on 19 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Iraa Innovations by revenue are Kanasparsa Chemicals Private Limited, Ramciya Paints Private Limited, Vista Chemicals Pvt Ltd, Abava Exim Private Limited, Acg Cellulose Private Limited and 5 more, all in the same principal business activity (Manufacture of chemicals and chemical products).
Chandragupta Shivprasad Bhide was appointed as Director on 19 Aug 2020. Sanjivani Vijayendra Upadhye was appointed as Director on 19 Aug 2020.
Yes, Iraa Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0138095).
The registered office of Iraa Innovations is at B – 138 1st Floor Mumbai Pune Mms Premises Wadala Truck Terminal Road Wadala East, Maharashtra, India – 400037.