Utsavan Innovations Private Limited
About Utsavan Innovations Private Limited
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Utsavan Innovations Private Limited is a private limited company based in Hospet, Karnataka, India. It operates in the diversified operations segment of the manufacturing sector. It was incorporated on 05 January 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36990KA2023PTC169955. Its GSTIN is 29AADCU2569G1Z1 (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Budagiri Narayana Manjunath (Managing Director) and Budagiri Chandrakala.
Its last annual general meeting (AGM) was held on 31 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hospet, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.25 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹10,000 (net margin -0.2%) and EBITDA of -₹8,000 (EBITDA margin -0.2%).
Company details
Contact details
Utsavan Innovations Private Limited's registered office is in Hospet, Karnataka.
- Registered AddressSy. No. 264 Ingaligi Village, G Camp, Hospet, Karnataka, India – 583222
- IndustryManufacturing, Other, 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
Business activity
The main business activity of Utsavan Innovations is manufacturing. In detail, this covers manufacture of coke and refined petroleum products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 19 | Manufacture of coke and refined petroleum products |
To see the full business activity and turnover split of Utsavan Innovations Private Limited, buy the company report.
Financials of Utsavan Innovations Private Limited
FY 2025 filings availableUtsavan Innovations Private Limited reported revenue of ₹44.25 Lakh (up 297% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 297% in the latest year. EBITDA rose 99% 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 | -₹8,000 | ||
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| Net Profit (PAT) | -₹10,000 | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Profitability | |||
| EBITDA Margin | -0.2% | ||
| Net Profit Margin | -0.2% | ||
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To see the full financial statements and ratios of Utsavan Innovations Private Limited, buy the company report.
Board of directors of Utsavan Innovations Private Limited
Utsavan 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 |
|---|---|---|---|---|
| Budagiri Narayana Manjunath | Managing Director | 05 Jan 2023 | 3 Years 10 Months | Current |
| Budagiri Chandrakala | Additional Director | 19 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Utsavan Innovations Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (manufacture of coke and refined petroleum products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sperry Engineering Private Limited | ₹63.18 Lakh (FY 2024) | -1.0% | Panvel, Maharashtra, India | |||
| Shreenandan Traders & Manufactures Private Limited | ₹62.38 Lakh (FY 2025) | 95.0% | Ghaziabad, Uttar Pradesh, India | |||
| Teknic Elevators PPG Private Limited | ₹58.11 Lakh (FY 2025) | -30.0% | Kolkata, West Bengal, India | |||
| Sar Universal Infra Private Limited | ₹57.3 Lakh (FY 2025) | 67.0% | Mumbai, Maharashtra, India | |||
| Chandrakash Cleanfuels Private Limited | ₹57.19 Lakh (FY 2025) | 426.0% | Udaipur, Rajasthan, India | |||
| Utsavan Innovations Private Limitedthis company | ₹44.25 Lakh (FY 2025) | -₹10,000 | -0.2% | 297.0% | Hospet, Karnataka, India | |
| Taurlube Petrochemicals Private Limited | ₹40.25 Lakh (FY 2025) | -49.0% | Pune, Maharashtra, India | |||
| Samratahal Steel Industries Private Limited | ₹37.08 Lakh (FY 2025) | -13.0% | Ratlam, Madhya Pradesh, India | |||
| Pistonol Lubetech Private Limited | ₹36.79 Lakh (FY 2025) | 99.0% | Ranchi, Jharkhand, India | |||
| Resgen Protech Private Limited | ₹33.48 Lakh (FY 2025) | Vada, Maharashtra, India | ||||
| Ultra Labs Analytical Services Private Limited | ₹33.16 Lakh (FY 2024) | 5.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Utsavan Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Utsavan 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 Utsavan Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Utsavan Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCU2569G1Z1 | Karnataka | Active | 30 Mar 2023 |
To see the full GST registrations and return filing status of Utsavan Innovations Private Limited, buy the company report.
Recent activity
Utsavan Innovations Private Limited has 4 board changes on record since 2023: 2 appointments and 2 cessations. The latest: Budagiri Chandrakala was appointed as Additional Director on 19 Dec 2024.
Frequently asked questions
Utsavan Innovations is an active private limited company based in Hospet, Karnataka, India. The company works in other, within the manufacturing industry. It was incorporated on 05 January 2023 (3+ years old) and is registered under CIN U36990KA2023PTC169955.
Utsavan Innovations has 2 current directors:
- Budagiri Narayana Manjunath - Managing Director
- Budagiri Chandrakala - Additional Director
The latest financial statements of Utsavan Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 October 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Utsavan Innovations is 29AADCU2569G1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Utsavan Innovations is U36990KA2023PTC169955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Utsavan Innovations was incorporated on 05 January 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Utsavan Innovations by revenue are Sperry Engineering Private Limited, Shreenandan Traders & Manufactures Private Limited, Teknic Elevators PPG Private Limited, Sar Universal Infra Private Limited, Chandrakash Cleanfuels Private Limited and 5 more, all in the same principal business activity (manufacture of coke and refined petroleum products).
Budagiri Chandrakala was appointed as Additional Director on 19 Dec 2024. Gangadharaiah Kumaraiah Hiremath ceased to be Whole-Time Director on 19 Dec 2024. Phulsan Gurappa Rathod ceased to be Director on 08 Jun 2024. Utsavan Innovations has 4 board changes on record in total.
The registered office of Utsavan Innovations is at Sy. No. 264 Ingaligi Village, G Camp, Hospet, Karnataka, India – 583222.
Utsavan Innovations operates in the manufacturing industry, in the other segment.
Utsavan Innovations can be reached at its registered office: Sy. No. 264 Ingaligi Village, G Camp, Hospet, Karnataka, India – 583222.
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