Modinno Innovations India Private Limited
About Modinno Innovations India Private Limited
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Modinno Innovations India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the metal recycling segment of the recycling and waste management sector. It was incorporated on 26 September 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U37100KA2022PTC166500.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Subhash Biradar (Managing Director) and Kunjal Venkatesh Kini.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.75 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹12.43 Lakh (net margin -184.2%) and EBITDA of -₹12.26 Lakh (EBITDA margin -181.6%).
Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
Company details
Contact details
Modinno Innovations India Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address#302/27 Shristy Residency 3rd Main, Jaladarsini Layout Rmv II Stage, Bangalore, Karnataka, India – 560094
- IndustryRecycling & Waste Management, Metal Recycling
- 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 Modinno Innovations India is water supply, sewerage and waste management. In detail, this covers waste collection, treatment and disposal activities, materials recovery and other waste management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services |
To see the full business activity and turnover split of Modinno Innovations India Private Limited, buy the company report.
Financials of Modinno Innovations India Private Limited
FY 2025 filings availableModinno Innovations India Private Limited reported revenue of ₹6.75 Lakh (down 91% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 91% in the latest year. EBITDA fell 241% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | -₹12.26 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹12.43 Lakh | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Profitability | |||
| EBITDA Margin | -181.6% | ||
| Net Profit Margin | -184.2% | ||
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To see the full financial statements and ratios of Modinno Innovations India Private Limited, buy the company report.
Board of directors of Modinno Innovations India Private Limited
Modinno Innovations India has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunjal Venkatesh Kini | Director | 26 Sep 2022 | 4 Years 1 Months | Current |
| Subhash Biradar | Managing Director | 14 Mar 2025 | 1 Years 7 Months | Current |
| Sunilkumar Jayapal Chaugule | Director | 10 Feb 2025 | 1 Years 8 Months | Current |
| Karthik Parappa Gadag | Director | 14 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Modinno Innovations India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (waste collection, treatment and disposal activities, materials recovery and other waste management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dal Waste Solution Private Limited | ₹7 Lakh (FY 2023) | Gurugram, Haryana, India | ||||
| Karmanya Solutions Private Limited | ₹6.99 Lakh (FY 2025) | -42.0% | Indore, Madhya Pradesh, India | |||
| N J G Waste Management Private Limited | ₹6.93 Lakh (FY 2023) | Bengaluru, Karnataka, India | ||||
| Vastum Management Private Limited | ₹6.89 Lakh (FY 2024) | -68.0% | Delhi, India | |||
| Bharat Reprocessors Private Limited | ₹6.75 Lakh (FY 2025) | 196.0% | Surat, Gujarat, India | |||
| Modinno Innovations India Private Limitedthis company | ₹6.75 Lakh (FY 2025) | -₹12.43 Lakh | -184.2% | -91.0% | Bangalore, Karnataka, India | |
| Mantras Green Resources Limited | ₹6.68 Lakh (FY 2024) | -87.0% | Nashik, Maharashtra, India | |||
| Ozo-Tek Enviro Solutions Private Limited | ₹6.64 Lakh (FY 2016) | 58.0% | Bangalore, Karnataka, India | |||
| A2z Waste Management (Merrut) Limited | ₹6.64 Lakh (FY 2025) | -100.0% | Gurgaon, Haryana, India | |||
| Eerg India Private Limited | ₹6.41 Lakh (FY 2019) | Bangalore, Karnataka, India | ||||
| Greenpillars Solutions Private Limited | ₹6.36 Lakh (FY 2024) | 52900.0% | Sangli, Maharashtra, India |
To see the full peer comparison of Modinno Innovations India Private Limited, buy the company report.
Legal cases
Modinno Innovations India Private Limited has 2 court cases on record: 2 filed by Modinno Innovations India. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Additional Commissioner of Income Tax, | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Additional Commissioner of Income Tax | Pending |
To see the full case history of Modinno Innovations India 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 Modinno Innovations India 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 Modinno Innovations India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Modinno Innovations India Private Limited has 8 board changes on record since 2022: 4 appointments and 4 cessations. The latest: Subhash Biradar ceased to be Director on 30 Mar 2025.
Frequently asked questions
Modinno Innovations India is an active private limited company based in Bangalore, Karnataka, India. The company works in metal recycling, within the recycling and waste management industry. It was incorporated on 26 September 2022 (4+ years old) and is registered under CIN U37100KA2022PTC166500.
Modinno Innovations India has 4 current directors:
- Subhash Biradar - Managing Director
- Kunjal Venkatesh Kini - Director
- Sunilkumar Jayapal Chaugule - Director
- Karthik Parappa Gadag - Director
The latest financial statements of Modinno Innovations India 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 2023 are in the company report.
The CIN (Corporate Identification Number) of Modinno Innovations India is U37100KA2022PTC166500. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modinno Innovations India has 2 court cases on record: 2 filed by the company. 2 are pending.
Modinno Innovations India was incorporated on 26 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Modinno Innovations India by revenue are Dal Waste Solution Private Limited, Karmanya Solutions Private Limited, N J G Waste Management Private Limited, Vastum Management Private Limited, Bharat Reprocessors Private Limited and 5 more, all in the same principal business activity (waste collection, treatment and disposal activities, materials recovery and other waste management services).
Subhash Biradar ceased to be Director on 30 Mar 2025. Lakshmi ceased to be Director on 29 Mar 2025. Nayana Venkatesh Kini ceased to be Director on 29 Mar 2025. Modinno Innovations India has 8 board changes on record in total.
The registered office of Modinno Innovations India is at #30227 Shristy Residency 3rd Main, Jaladarsini Layout Rmv II Stage, Bangalore, Karnataka, India – 560094.
Modinno Innovations India operates in the recycling and waste management industry, in the metal recycling segment.
Modinno Innovations India can be reached at its registered office: #30227 Shristy Residency 3rd Main, Jaladarsini Layout Rmv II Stage, Bangalore, Karnataka, India – 560094.
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