Joshikas Innovations Private Limited
About Joshikas Innovations Private Limited
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Joshikas Innovations Private Limited is a private limited company based in Vijayawada, Andhra Pradesh, India. It operates in the repair services segment of the electronics sector. It was incorporated on 29 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U52609AP2017PTC106175. Its GSTIN is 37AAECJ0164F2ZS (Andhra Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Venkata Muralidhar Devisetty (Managing Director) and Lakshmi Devisetti.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at D.No.30 – 15 – 2A Mallela Srirama Murty Road Durga Puranam, Vijayawada, Andhra Pradesh, India – 520002.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.28 Lakh, a growth of 114% compared to the previous year. For the same year it recorded a net loss of ₹1,200 (net margin -0.9%) and EBITDA of -₹1,200 (EBITDA margin -0.9%). Revenue has declined at a compounded annual rate (CAGR) of 186% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Joshikas Innovations Private Limited's registered office is in Vijayawada, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressD.No.30 – 15 – 2A Mallela Srirama Murty Road Durga Puranam, Vijayawada, Andhra Pradesh, India – 520002
- IndustryElectrnoics, Repair Services
To see the full contact details of Joshikas Innovations 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
Business activity
The main business activity of Joshikas Innovations is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Joshikas Innovations Private Limited, buy the company report.
Financials of Joshikas Innovations Private Limited
FY 2023 filings availableJoshikas Innovations Private Limited reported revenue of ₹1.28 Lakh (up 114% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 114% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 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
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| EBITDA | -₹1,200 | ||||
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| Net Profit (PAT) | -₹1,200 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -0.9% | ||||
| Net Profit Margin | -0.9% | ||||
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To see the full financial statements and ratios of Joshikas Innovations Private Limited, buy the company report.
Board of directors of Joshikas Innovations Private Limited
Joshikas Innovations has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Muralidhar Devisetty | Managing Director | 28 Jun 2021 | 5 Years 3 Months | Current |
| Lakshmi Devisetti | Director | 28 Jun 2021 | 5 Years 3 Months | Current |
Peer comparison
Joshikas Innovations Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Sati Sumangal Private Limited | ₹1.28 Lakh (FY 2025) | -100.0% | Ranchi, Jharkhand, India | |||
| KB Knowledge Temple India Private Limited | ₹1.28 Lakh (FY 2025) | -26.0% | Chennai, Tamil Nadu, India | |||
| Prem Vatika Hospitality Private Limited | ₹1.28 Lakh (FY 2023) | Deoria, Uttar Pradesh, India | ||||
| Rand and Berry India Private Limited | ₹1.28 Lakh (FY 2025) | -91.0% | Hyderabad, Telangana, India | |||
| M Lal and Company Traders Pvt Ltd | ₹1.28 Lakh (FY 2024) | -4.0% | Guwahati, Assam, India | |||
| Joshikas Innovations Private Limitedthis company | ₹1.28 Lakh (FY 2023) | -₹1,200 | -0.9% | 114.0% | Vijayawada, Andhra Pradesh, India | |
| Farmz Mamba Private Limited | ₹1.28 Lakh (FY 2022) | -82.0% | Dharwad, Karnataka, India | |||
| Donright Retail (OPC) Private Limited | ₹1.28 Lakh (FY 2025) | 114.0% | Bangalore, Karnataka, India | |||
| Chicane Motors Private Limited | ₹1.28 Lakh (FY 2019) | -47.0% | Chennai, Tamil Nadu, India | |||
| Plateau Gems & Jewellery Private Limited | ₹1.28 Lakh (FY 2019) | -89.0% | Jaipur, Rajasthan, India | |||
| Naturezo Foods Private Limited | ₹1.28 Lakh (FY 2024) | -88.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Joshikas Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Joshikas Innovations 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 Joshikas Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Joshikas Innovations has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAECJ0164F2ZS | Andhra Pradesh | Active | 03 Sep 2020 |
To see the full GST registrations and return filing status of Joshikas Innovations Private Limited, buy the company report.
Recent activity
Joshikas Innovations Private Limited has 6 board changes on record since 2017: 4 appointments and 2 cessations. The latest: Gopalakrishna Nagulla ceased to be Director on 28 Jun 2021.
Frequently asked questions
Joshikas Innovations is an active private limited company based in Vijayawada, Andhra Pradesh, India. The company works in repair services, within the electronics industry. It was incorporated on 29 June 2017 (9+ years old) and is registered under CIN U52609AP2017PTC106175.
Joshikas Innovations has 2 current directors:
- Venkata Muralidhar Devisetty - Managing Director
- Lakshmi Devisetti - Director
The latest financial statements of Joshikas Innovations on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Joshikas Innovations is 37AAECJ0164F2ZS, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Joshikas Innovations is U52609AP2017PTC106175. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Joshikas Innovations was incorporated on 29 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Joshikas Innovations by revenue are Shree Sati Sumangal Private Limited, KB Knowledge Temple India Private Limited, Prem Vatika Hospitality Private Limited, Rand and Berry India Private Limited, M Lal and Company Traders Pvt Ltd and 5 more, all in the same principal business activity (wholesale trading).
Gopalakrishna Nagulla ceased to be Director on 28 Jun 2021. Lakshmi Devisetti was appointed as Director on 28 Jun 2021. Nagulla Jayanthi ceased to be Director on 28 Jun 2021. Joshikas Innovations has 6 board changes on record in total.
The registered office of Joshikas Innovations is at D.No.30 – 15 – 2A Mallela Srirama Murty Road Durga Puranam, Vijayawada, Andhra Pradesh, India – 520002.
Joshikas Innovations operates in the electronics industry, in the repair services segment.
The compliance status of Joshikas Innovations is compliant as of 16 July 2026. The company is actively filing with the Registrar of Companies.