About Creanovation Labs Private Limited
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Creanovation Labs Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the edtech solutions segment of the education sector. It was incorporated on 26 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2009PTC049934. Its GSTIN is 21AAECC2091C1ZD (Odisha).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Laxmi Priya Sahoo and Susanta Kumar Sahoo.
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 Bengaluru, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.26 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹66,754 (net margin 3.7%) and EBITDA of ₹2.75 Lakh (EBITDA margin 15.1%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 39% over five years.
The company is associated with 2 brands: FDS Verify and FormsDotStar. As per MCA filings, the company has open charges of ₹11 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website formsdotstar.com.
Company details
Contact details
Creanovation Labs Private Limited's registered office is in Bengaluru, Karnataka. Its website is formsdotstar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address91 Springboard Business Hub Pvt Ltd Pavilion 175 176 Dollars Colony Phase 4 Jp Nagar Baner, Ghata Road, Bengaluru, Karnataka, India – 560076
- IndustryEducation, EdTech Solutions
To see the full contact details of Creanovation Labs 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
Brands
Creanovation Labs operates two associated brands: FDS Verify and FormsDotStar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers a mobile platform for secure user identity verification. | fdsverify.com | |
| Online platform providing sports betting services and user bonuses. | formsdotstar.com |
Business activity
The main business activity of Creanovation Labs is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Creanovation Labs Private Limited, buy the company report.
Financials of Creanovation Labs Private Limited
FY 2025 filings availableCreanovation Labs Private Limited reported revenue of ₹18.26 Lakh (down 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 14% fall in the latest year. EBITDA rose 241% 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 | ₹2.75 Lakh | ||||
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| Net Profit (PAT) | ₹66,754 | ||||
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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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| EBITDA Margin | 15.1% | ||||
| Net Profit Margin | 3.7% | ||||
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To see the full financial statements and ratios of Creanovation Labs Private Limited, buy the company report.
Board of directors of Creanovation Labs Private Limited
Creanovation Labs 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 |
|---|---|---|---|---|
| Laxmi Priya Sahoo | Director | 26 May 2009 | 17 Years 5 Months | Current |
| Susanta Kumar Sahoo | Director | 20 Jun 2022 | 4 Years 4 Months | Current |
Auditor
Creanovation Labs Private Limited is audited by P B M & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P B M & ASSOCIATES | FY 2021 | 325307E |
Shareholding
The shareholding of Creanovation Labs Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Creanovation Labs Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Apr 2017 | 100102424 | Others | ₹11 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Creanovation Labs Private Limited has 2 court cases on record: 1 filed by Creanovation Labs, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Bengaluru | Company petition | Filed against the company by an individual | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Union of India & Ors | Disposed |
To see the full case history of Creanovation Labs 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 Creanovation Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Creanovation Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAECC2091C1ZD | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Creanovation Labs Private Limited, buy the company report.
Recent activity
Creanovation Labs Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Bikash Chandra Sahoo ceased to be Director on 20 Jun 2022.
Frequently asked questions
Creanovation Labs is an active private limited company based in Bengaluru, Karnataka, India. The company works in edtech solutions, within the education industry. It was incorporated on 26 May 2009 (17+ years old) and is registered under CIN U72200KA2009PTC049934.
Creanovation Labs has 2 current directors:
- Laxmi Priya Sahoo - Director
- Susanta Kumar Sahoo - Director
The latest financial statements of Creanovation Labs 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 Creanovation Labs is 21AAECC2091C1ZD, registered in Odisha.
The CIN (Corporate Identification Number) of Creanovation Labs is U72200KA2009PTC049934. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Creanovation Labs has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the high courts.
Creanovation Labs was incorporated on 26 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Bikash Chandra Sahoo ceased to be Director on 20 Jun 2022. Susanta Kumar Sahoo was appointed as Director on 20 Jun 2022. Devadatta Sahoo ceased to be Director on 23 Jul 2021. Creanovation Labs has 4 board changes on record in total.
Creanovation Labs can be reached through the website formsdotstar.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Creanovation Labs is at 91 Springboard Business Hub Pvt Ltd Pavilion 175 176 Dollars Colony Phase 4 Jp Nagar Baner, Ghata Road, Bengaluru, Karnataka, India – 560076.
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