- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0036578

About Adit Innovation Private Limited
Data last updated:
Adit Innovation Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 17 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51900GJ2009PTC058130. Its GSTIN is 24AAHCA9985E1ZD (Gujarat). The company holds 10 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Adit Security System Private Limited. It is led by directors Manish Rameshbhai Patel and Monaben Manish Bhai Patel.
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 D – 405 Abhishek Complex Near Asarwa Over Bridge Haripura Asarwa, Ahmedabad, Gujarat, India – 380016.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.1 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹2.48 Lakh (net margin 0.2%) and EBITDA of ₹27.12 Lakh (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 11% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.45 Cr and satisfied charges of ₹25 Lakh on record. Court records list 4 cases involving the company, including 4 filed by the company.
Adit Innovation Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0036578). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aditgroup.com.
Company details
Recognitions & Rankings of Adit Innovation
Contact details
Adit Innovation Private Limited's registered office is in Ahmedabad, Gujarat. Its website is aditgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD – 405 Abhishek Complex Near Asarwa Over Bridge Haripura Asarwa, Ahmedabad, Gujarat, India – 380016
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Adit Innovation 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 Adit Innovation 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 Adit Innovation Private Limited, buy the company report.
Financials of Adit Innovation Private Limited
FY 2025 filings availableAdit Innovation Private Limited reported revenue of ₹11.1 Cr (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 9% growth in the latest year. EBITDA fell 15% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹27.12 Lakh | ||||
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| Net Profit (PAT) | ₹2.48 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 2.4% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Adit Innovation Private Limited, buy the company report.
Board of directors of Adit Innovation Private Limited
Adit Innovation has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Rameshbhai Patel Also directs: Cyber Info-Electronic Security System Private Limited | Director | 17 Sep 2009 | 17 Years 1 Months | Current |
| Monaben Manish Bhai Patel Also directs: Cyber Info-Electronic Security System Private Limited | Director | 22 Apr 2015 | 11 Years 6 Months | Current |
Peer comparison
Adit Innovation Private Limited is compared with the 7 companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution, Pharma Retail and Distribution), with 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 |
|---|---|---|---|---|---|---|
| Tomoz Spices and Products Private Limited | ₹11.14 Cr (FY 2022) | 467.0% | Thiruvaniyoor, Kerala, India | |||
| Pranada Biopharma Private Limited | ₹11.13 Cr (FY 2024) | -3.0% | Mumbai, Maharashtra, India | |||
| Netsure IT Solution Private Limited | ₹11.12 Cr (FY 2025) | 112.0% | New Delhi, Delhi, India | |||
| Adit Innovation Private Limitedthis company | ₹11.1 Cr (FY 2024) | ₹2.48 Lakh | 0.2% | 9.0% | 3 | Ahmedabad, Gujarat, India |
| Alzan Pharmaceuticals Private Limited | ₹11.09 Cr (FY 2024) | 198.0% | Barnala, Punjab, India | |||
| Shinemax Pharma (India) Private Limited | ₹11.09 Cr (FY 2024) | 39.0% | Mysore, Karnataka, India | |||
| CL Laboratories Private Limited | ₹11.08 Cr (FY 2025) | 4.0% | Indore, Madhya Pradesh, India | |||
| New Peripherals Technology Private Limited | ₹11.06 Cr (FY 2025) | 9.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Adit Innovation Private Limited, buy the company report.
Auditor
Adit Innovation Private Limited is audited by ASHOK THAKKAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK THAKKAR & CO. | FY 2023 | 045940 |
Shareholding
The shareholding of Adit Innovation Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Adit Innovation Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jun 2020 | 100343426 | The Kalupur Commercial Co-Operative Bank Limited | ₹15 Lakh | Open | |
| 12 May 2011 | 10286741 | The Kalupur Commercial Co-Op. Bank Ltd. | ₹2.3 Cr | Open | |
| 12 May 2011 | 10286745 | The Kalupur Commercial Co-Operative Bank Ltd. | ₹25 Lakh | Satisfied |
To see the full charge records of Adit Innovation Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Adit Innovation Private Limited has 4 court cases on record: 4 filed by Adit Innovation. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Vaidyanath Fire Services Private Limited and 4 others | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CMA DC) | Filed by the company against Ahmedabad Municipal Corporation | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Ahmedabad Municipal Corporation-K | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Ahmedabad Municipal Corporation | Disposed |
To see the full case history of Adit Innovation 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 Adit Innovation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Adit Innovation Private Limited has a workforce of 3 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Adit Innovation has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCA9985E1ZD | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adit Innovation Private Limited, buy the company report.
Recent activity
Adit Innovation Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Meenaben Rameshbhai Patel ceased to be Director on 15 Dec 2015.
Frequently asked questions
Adit Innovation is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 17 September 2009 (17+ years old) and is registered under CIN U51900GJ2009PTC058130.
Adit Innovation has 2 current directors:
- Manish Rameshbhai Patel - Director
- Monaben Manish Bhai Patel - Director
The latest financial statements of Adit Innovation 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 2015 are in the company report.
The GSTIN of Adit Innovation is 24AAHCA9985E1ZD, registered in Gujarat. The company has 10 GST registrations in all, of which 1 is active and 9 are cancelled or inactive.
The CIN (Corporate Identification Number) of Adit Innovation is U51900GJ2009PTC058130. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adit Innovation has 4 court cases on record: 4 filed by the company.
Adit Innovation was incorporated on 17 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Adit Innovation by revenue are Tomoz Spices and Products Private Limited, Pranada Biopharma Private Limited, Netsure IT Solution Private Limited, Alzan Pharmaceuticals Private Limited, Shinemax Pharma (India) Private Limited and 2 more, all in the Information Technology industry (IT Products Retail and Distribution, Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Meenaben Rameshbhai Patel ceased to be Director on 15 Dec 2015. Monaben Manish Bhai Patel was appointed as Director on 22 Apr 2015. Manish Rameshbhai Patel was appointed as Director on 17 Sep 2009.
Yes, Adit Innovation is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0036578).
Adit Innovation can be reached through the website aditgroup.com. Its registered office is in Ahmedabad, Gujarat, India.

