About Innovative
Innovative is a publicly listed company based in Mumbai (India) founded in 1994. Innovative is engaged in providing turnkey security products and solutions. It operates on a Professional Services and Reseller / Distribution model. Innovative offers products and services including Security Products, Security Services, and Security Projects. Its focus areas include Security Technology and Security Solutions. Its legal entity is Innovative Ideals. Its competitors include Lixun Precision Industry, Liquid Instruments, RP tech, Prime Communications and Elecom and 3 more; 3 of its 8 listed competitors have raised funding.
Company details
Innovative is focused on delivering turnkey security products and solutions. The company is involved in offering a range of products, services, and projects tailored to security needs. Sectors served include healthcare and business processes, with additional focus on renewable energy and e-waste management. Comprehensive solutions are provided to ensure client safety and operational efficiency across various industries.
- Headquarters Mumbai, India
- Stage Public
- SectorsTechnology
- Phone•••• ••••
- Website innovative.in
- Legal Name Innovative Ideals & Services (India) Ltd.
- Annual Revenue$57.87 K (USD)-83.16as on Mar 31, 2026
- Net Profit-$996.44 K (USD)-1031.26as on Mar 31, 2026
- EBITDA-$917.78 K (USD)-1077.84as on Mar 31, 2026
Associated legal entities of Innovative
Innovative is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Innovative Ideals And Services (India) Limited Listed CIN L64201MH2000PLC129901 | Active | 06 Dec 2000 | Mumbai, Maharashtra | ₹3.7 Cr | – | 7 | View details |
| Omarax Infotech Private Limited CIN U72900MH2011PTC217013 | Strike Off | 03 May 2011 | Mumbai, Maharashtra | – | – | 2 | View details |
Products & Services of Innovative
Innovative offers a comprehensive portfolio of products and services, including Security Products, Security Services, and Security Projects.
Security products are offered for comprehensive protection and safety.
Security services are provided for tailored client safety needs.
Security projects are managed for large-scale safety implementations.
Board of directors of Innovative
The boards of the 2 registered companies of Innovative currently have 7 directors; the longest-serving is Tazyeen Maqsood Shaikh, appointed in 2000. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tazyeen Maqsood Shaikh DIN 00834590 | Whole-time director | 06 Dec 2000 | 25 yrs 10 mo | Innovative Ideals And Services (India) Limited |
| Maqsood Dabir Shaikh DIN 00834754 | Managing Director | 06 Dec 2000 | 25 yrs 10 mo | Innovative Ideals And Services (India) Limited |
| Nazib Ashraf Shaikh DIN 03446981 | Director | 03 May 2011 | 15 yrs 5 mo | Omarax Infotech Private Limited |
| Kausar Shaikh DIN 03447153 | Director | 03 May 2011 | 15 yrs 5 mo | Omarax Infotech Private Limited |
| Parvez Yunus Sayyed DIN 09589461 | Director | 31 May 2022 | 4 yrs 4 mo | Innovative Ideals And Services (India) Limited |
| Mayank Suresh Gala DIN 09674051 | Director | 23 Jul 2022 | 4 yrs 2 mo | Innovative Ideals And Services (India) Limited |
| Yash Shailesh Gajjar DIN 10254662 | Director | 29 Aug 2023 | 3 yrs 1 mo | Innovative Ideals And Services (India) Limited |
IPO & Listings of Innovative
Innovative is a publicly listed company on the BSE with ticker symbol INNOVATIVE in India, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date05 Oct 2018
- Listed onBSE: 541983
- Listed entityInnovative Ideals & Services (India) Ltd.
- Exchange sectorElectronic technology
- ISININE492Y01011
- Share price₹17.32 (+4.72% on the day) · 2026-10-14
- Market capitalisation₹18.8 Cr
- EPS (diluted, trailing year)₹-8.22
- Volume (last session)5,000
Financials of Innovative
Figures of Innovative Ideals And Services (India) Limited, the primary company behind Innovative, for FY 2025. Revenue was ₹3.73 Cr (+1148% year on year). Net profit was ₹1.00 Cr (27% margin). EBITDA was ₹1.39 Cr (37% margin). Revenue has grown at a compounded annual rate of -16% over three years and -22% over five years.
- ₹3.73 CrRevenue · FY 2025 · +1148% YoY
- ₹1.00 CrNet profit · 27% margin
- ₹1.39 CrEBITDA · 37% margin
- ₹11.38 CrPaid-up capital
- -16%Revenue CAGR, 3 years
- -22%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | ₹0.5 Cr | -₹9.3 Cr | -₹8.6 Cr |
| 2024 | ₹3.2 Cr | ₹1.0 Cr | ₹0.9 Cr |
| 2023 | ₹0.3 Cr | -₹2.5 Cr | -₹3.3 Cr |
| 2022 | ₹3.6 Cr | -₹7.2 Cr | -₹3.6 Cr |
| 2021 | ₹4.6 Cr | -₹4.9 Cr | -₹6.5 Cr |
Balance sheet, profit and loss, cash flow and ratios of Innovative Ideals And Services (India) Limited are on its company page.
Detailed financial statements for Innovative
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Competitors of Innovative
Innovative has 8 listed competitors in our database, 3 of them funded. They include Lixun Precision Industry, Liquid Instruments, RP tech, Prime Communications and Elecom, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| luxshare-ict.com | 2004 | Dongguan, China | – | 61 | Multi-category products for enterprises are distributed electronically. | |
| liquidinstruments.com | 2014 | San Diego, United States | $65.36M | – | Manufacturer of test equipment | |
| rptechindia.com | 1989 | Mumbai, India | $19.39M | 1,180 | IT and mobility solutions are distributed across India. | |
| primecomms.com | 1998 | Sugar Land, United States | – | 7,204 | Prime Communications is recognized as the largest AT&T Authorized Retailer in the United States. | |
| elecom.co.jp | 1948 | Osaka, Japan | – | – | Consumer electronic products are retailed by Elecom in Japan. | |
| dickerdata.com.au | 1978 | Kurnell, Australia | – | – | IT accessories, monitors, desktops, displays, and related products are distributed. | |
| designalpha.in | 2016 | Kochi, India | $105,871 | 51 | IT hardware products are resold by Design Alpha in India. | |
| contabo.com | 2003 | Munich, Germany | – | – | IT servers and storage hardware are resold by Contabo. |
Detailed competitors of Innovative
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Web traffic of Innovative
The website of Innovative (innovative.in) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 23.3% vs previous month
Top companies in IT Services & Operations
10 companies that operate in the same segment as Innovative (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | 1,898 | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 5,196 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | 7,596 | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about Innovative
Innovative was founded in 1994.
Innovative is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Annual revenue of Innovative is $57.87K as on Mar 31, 2026.
Innovative is focused on delivering turnkey security products and solutions. The company is involved in offering a range of products, services, and projects tailored to security needs. Sectors served include healthcare and business processes, with additional focus on renewable energy and e-waste management. Comprehensive solutions are provided to ensure client safety and operational efficiency across various industries.
Innovative's top competitors include Liquid Instruments, RP tech and Elecom.
Innovative offers Security Products, Security Services, and Security Projects.
Yes, Innovative is publicly traded on BSE under the ticker symbol INNOVATIVE.
Innovative is associated with 2 legal entities: Omarax Infotech Private Limited, Innovative Ideals And Services (India) Limited.
The legal entities of Innovative currently have 9 directors, including Nazib Ashraf Shaikh, Kausar Shaikh, Parvez Yunus Sayyed and others.