Kites Innovations Private Limited
About Kites Innovations Private Limited
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Kites Innovations Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 10 July 2014.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2014PTC096483.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Shanmugavel Hariharasudhan and Karuppusamy Prakash.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Chennai, Tamil Nadu.
As per the financials filed for FY 2018, the company reported a revenue of ₹18.56 Lakh, a growth of 91% compared to the previous year. For the same year it recorded a net profit of ₹29,849 (net margin 1.6%) and EBITDA of ₹80,665 (EBITDA margin 4.3%).
Company details
Contact details
Kites Innovations Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressPlot No 35 Padmavathy Nagar 10th Street Near Yaswanth Nagar Bus Stop Madambakka, M, Chennai, Tamil Nadu, India – 600073
- IndustryInformation Technology, Other Computer Related Activities
- 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 Kites Innovations 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 Kites Innovations Private Limited, buy the company report.
Financials of Kites Innovations Private Limited
FY 2018 filings availableKites Innovations Private Limited reported revenue of ₹18.56 Lakh (up 91% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 91% in the latest year. EBITDA fell 48% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹80,665 | |||
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| Net Profit (PAT) | ₹29,849 | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 4.3% | |||
| Net Profit Margin | 1.6% | |||
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To see the full financial statements and ratios of Kites Innovations Private Limited, buy the company report.
Board of directors of Kites Innovations Private Limited
Kites 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 |
|---|---|---|---|---|
| Shanmugavel Hariharasudhan | Director | 10 Jul 2014 | 12 Years 3 Months | As last reported |
| Karuppusamy Prakash | Director | 21 Mar 2016 | 10 Years 7 Months | As last reported |
Peer comparison
Kites Innovations Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Workrings Services Private Limited | ₹18.59 Lakh (FY 2024) | -6.0% | Hyderabad, Telangana, India | |||
| Hivericks Technologies Private Limited | ₹18.58 Lakh (FY 2025) | 28565.0% | Chennai, Tamil Nadu, India | |||
| Unicard Marketing Private Limited | ₹18.58 Lakh (FY 2024) | 13.0% | Chennai, Tamil Nadu, India | |||
| Magtapp Technologies Private Limited | ₹18.57 Lakh (FY 2024) | 285.0% | Mumbai, Maharashtra, India | |||
| Retentia Technology (OPC) Private Limited | ₹18.57 Lakh (FY 2023) | Chennai, Tamil Nadu, India | ||||
| Kites Innovations Private Limitedthis company | ₹18.56 Lakh (FY 2018) | ₹29,849 | 1.6% | 91.0% | Chennai, Tamil Nadu, India | |
| Leveragenet Solutions Private Limited | ₹18.56 Lakh (FY 2025) | -59.0% | Pune, Maharashtra, India | |||
| Erdsterne Technologies and Consultancy Services Private Limited | ₹18.56 Lakh (FY 2024) | Ernakulam, Kerala, India | ||||
| American Kart Online Retail Private Limited | ₹18.55 Lakh (FY 2025) | -34.0% | Pune, Maharashtra, India | |||
| Definitedevices Private Limited | ₹18.55 Lakh (FY 2025) | Hyderabad, Telangana, India | ||||
| Pratham Vision Private Limited | ₹18.55 Lakh (FY 2024) | 50.0% | New Delhi, Delhi, India |
To see the full peer comparison of Kites Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kites 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 Kites Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Kites Innovations Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kites Innovations Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Kalimuthu Rathinapriya ceased to be Director on 01 Jul 2019.
Frequently asked questions
Kites Innovations has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Kites Innovations was a private limited company based in Chennai, Tamil Nadu, India. The company worked in other computer related activities, within the information technology industry. It was incorporated on 10 July 2014 and is registered under CIN U72900TN2014PTC096483. The company has been struck off by the Registrar of Companies and is no longer operational.
Kites Innovations had 2 directors:
- Shanmugavel Hariharasudhan - Director
- Karuppusamy Prakash - Director
The CIN (Corporate Identification Number) of Kites Innovations is U72900TN2014PTC096483. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Kites Innovations is at Plot No 35 Padmavathy Nagar 10th Street Near Yaswanth Nagar Bus Stop Madambakka, M, Chennai, Tamil Nadu, India – 600073.
Kites Innovations was incorporated on 10 July 2014. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Kites Innovations on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Kites Innovations operated in the information technology industry, in the other computer related activities segment. It worked in this industry before it was struck off.
The peers of Kites Innovations by revenue are Workrings Services Private Limited, Hivericks Technologies Private Limited, Unicard Marketing Private Limited, Magtapp Technologies Private Limited, Retentia Technology (OPC) Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Kalimuthu Rathinapriya ceased to be Director on 01 Jul 2019. Karuppusamy Prakash ceased to be Additional Director on 30 Sep 2016. Karuppusamy Prakash was appointed as Director on 21 Mar 2016. Kites Innovations has 4 board changes on record in total.
The compliance status of Kites Innovations is active non-compliant as of 16 July 2026.
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