About Innoverve Inventions
Innoverve Inventions is an Industrial Goods & Manufacturing company based in Indore (India) founded in 2009. Metalworking machinery and automation solutions are manufactured and supplied. The company has 2 employees. Its Indian entity Innoverve Inventions Private Limited reported revenue of ₹2.91 Cr. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.
Company details
Innoverve Inventions Pvt. Ltd. was founded in 2009 and is based in Indore, India. Operations focus on the manufacturing and supply of metalworking machinery, including CNC turning, metal spinning, and CNC milling equipment. Robotics and special-purpose automation are also provided for industrial processes such as welding, machine tending, and plasma cutting, supporting various manufacturing sectors.
- Headquarters Indore, India
- Employees 2
- SectorsIndustrial Goods & Manufacturing
- Phone•••• ••••
- Website innoverveinventions.com
- Social LinkedIn
- Legal Name Innoverve Inventions Private Limited
- Date of Incorporation 19 Mar, 2012
- Jurisdiction Indore, Madhya Pradesh, India
- Annual Revenue₹2.91 Cr
FY 2024 · +7% YoY
- Net Profit₹2.1 Lakh
FY 2024 · 1% margin
- EBITDA₹19.2 Lakh
FY 2024 · 7% margin
- Employee Count2
Associated legal entities of Innoverve Inventions
Innoverve Inventions operates through Innoverve Inventions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Innoverve Inventions Private Limited CIN U29220MP2012PTC028001 | Active | 19 Mar 2012 | Indore, Madhya Pradesh | ₹2.9 Cr | 2 | 2 | View details |
Board of directors of Innoverve Inventions Private Limited (Innoverve Inventions)
Innoverve Inventions Private Limited is the primary company behind Innoverve Inventions. The board of Innoverve Inventions Private Limited currently have 2 directors; the longest-serving is Rajat Goyal, appointed in 2012. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajat Goyal DIN 05178600 | Director | 19 Mar 2012 | 14 yrs 7 mo | Innoverve Inventions Private Limited |
| Yash Goyal DIN 06425280 | Director | 15 Nov 2012 | 13 yrs 11 mo | Innoverve Inventions Private Limited |
Financials of Innoverve Inventions
Figures of Innoverve Inventions Private Limited, the primary company behind Innoverve Inventions, for FY 2024. Revenue was ₹2.91 Cr (+7% year on year). Net profit was ₹2.1 Lakh (1% margin). EBITDA was ₹19.2 Lakh (7% margin). Revenue has grown at a compounded annual rate of +69% over three years and +45% over five years.
- ₹2.91 CrRevenue · FY 2024 · +7% YoY
- ₹2.1 LakhNet profit · 1% margin
- ₹19.2 LakhEBITDA · 7% margin
- ₹1 LakhPaid-up capital
- 2Employees (provident fund records)
- +69%Revenue CAGR, 3 years
- +45%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Innoverve Inventions Private Limited are on its company page.
Detailed financial statements for Innoverve Inventions
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Top companies in Contract & Outsourced Manufacturing
3 companies that operate in the same segment as Innoverve Inventions (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 43 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | USD 400 M | 40,280 |
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Frequently Asked Questions about Innoverve Inventions
Innoverve Inventions was founded in 2009.
Innoverve Inventions is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.
Innoverve Inventions has 2 employees.
The primary company behind Innoverve Inventions, Innoverve Inventions Private Limited, reported revenue of ₹2.91 Cr for FY 2024, up 7% year on year.
Innoverve Inventions Pvt. Ltd. was founded in 2009 and is based in Indore, India. Operations focus on the manufacturing and supply of metalworking machinery, including CNC turning, metal spinning, and CNC milling equipment. Robotics and special-purpose automation are also provided for industrial processes such as welding, machine tending, and plasma cutting, supporting various manufacturing sectors.
Innoverve Inventions operates through Innoverve Inventions Private Limited.
The legal entities of Innoverve Inventions currently have 2 directors, including Rajat Goyal, Yash Goyal.