Startup India Government of India
Creanovation Technologies Private Limited - information technology in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹28.76 Cr
▲ 124% YoY
Net profit · FY 2024
₹1.35 Cr
Net margin 4.7%
EBITDA · FY 2024
₹3.71 Cr
EBITDA margin 12.9%
Authorised capital
₹1.15 Cr
Registered with MCA
Paid-up capital
₹43.85 Lakh
Issued & subscribed
Open charges
₹25.45 Cr
Satisfied ₹2.18 Cr
Company age
7 yrs
Est. 2019
Employees · EPFO
24
Provident fund records
About Creanovation Technologies Private Limited
Data last updated:
Creanovation Technologies Private Limited is a private limited company based in Bhubaneswar, Odisha, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 14 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72900OR2019PTC031143. Its GSTIN is 21AAICC2315D1ZG (Odisha). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.15 Cr and a paid-up capital of ₹43.85 Lakh. It is led by directors including Bikash Chandra Sahoo and Namrata 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 Bhubaneswar, Odisha.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.76 Cr, a growth of 124% compared to the previous year. For the same year it recorded a net profit of ₹1.35 Cr (net margin 4.7%) and EBITDA of ₹3.71 Cr (EBITDA margin 12.9%). Revenue has grown at a compounded annual rate (CAGR) of 112% over three years.
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: CTPL. As per MCA filings, the company has open charges of ₹25.45 Cr and satisfied charges of ₹2.18 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending. The company has 5 deals on record (4 funding rounds, 1 rights issue), with disclosed funding of ₹39.1 Cr; the latest was in November 2024.
Creanovation Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0027002). For more details, the company can be reached via its website ctpl.io.
Company details
CIN U72900OR2019PTC031143
Registration Number 031143
Incorporation Date 14 June 2019
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-OD-19-0027002
Key People
Bikash Chandra Sahoo Director Namrata Sahoo Director Mihirkumar Arvind Joshi Nominee Director Recognitions & Rankings of Creanovation Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-OD-19-0027002
Contact details
Creanovation Technologies Private Limited's registered office is in Bhubaneswar, Odisha. Its website is ctpl.io. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 172 District Center, Niladrivihar Road, Bhubaneswar, Odisha, India – 751016
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Creanovation Technologies Private Limited, buy the company report.
Comprehensive company report
Creanovation Technologies Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Creanovation Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Creanovation Technologies Private Limited, buy the company report.
Financials of Creanovation Technologies Private Limited
FY 2025 filings availableCreanovation Technologies Private Limited reported revenue of ₹28.76 Cr (up 124% YoY) for FY 2024.
Revenue · FY 2024
₹28.76 Cr ▲ 124%
Net profit · FY 2024
₹1.35 Cr margin 4.7%
EBITDA · FY 2024
₹3.71 Cr margin 12.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 124%
3 years · compounded
▲ 112%
EBITDA CAGR growth
1 year
▲ 63%
3 years · compounded
▲ 181%
Revenue has grown at a compounded annual rate (CAGR) of 112% over three years, including 124% growth in the latest year. EBITDA rose 63% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹28.76 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.35 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.9% | ||||
| Net Profit Margin | 4.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Creanovation Technologies Private Limited, buy the company report.
Board of directors of Creanovation Technologies Private Limited
Creanovation Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bikash Chandra Sahoo Also directs: CTPL Online LLP | Director | 20 Aug 2021 | 5 Years 2 Months | Current |
| Namrata Sahoo Also directs: Exin Certification India Private Limited | Director | 14 Jun 2019 | 7 Years 4 Months | Current |
| Mihirkumar Arvind Joshi Also directs: Growit India Private Limited, Alfa Corpuscles Private Limited, Aditi Toys Private Limited and 5 more | Nominee Director | 13 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Creanovation Technologies Private Limited is audited by PBM & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PBM & ASSOCIATES | FY 2024 | 061928 |
Shareholding
The shareholding of Creanovation Technologies Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Creanovation Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25.45 Cr
Satisfied charges
₹2.18 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2025 | 101186937 | Others | ₹1.75 Cr | Open | |
| 21 Aug 2025 | 101142320 | Sidbi | ₹5 Cr | Open | |
| 31 Jul 2025 | 101152572 | Others | ₹3 Cr | Open | |
| 22 May 2025 | 101113460 | Others | ₹1.5 Cr | Open | |
| 26 Mar 2025 | 101095676 | Others | ₹1.2 Cr | Open |
To see the full charge records of Creanovation Technologies Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Creanovation Technologies Private Limited has 5 deals on record (4 funding rounds, 1 rights issue), with disclosed funding of ₹39.1 Cr; the latest was in November 2024.
Total deals
5
Funding rounds
4
Rights issue
1
Disclosed funding
₹39.1 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2024 | Funding round | ₹5 Cr | Investors: Physis Capital |
| Aug 2024 | Funding round · Series A | ₹33 Cr | Investors: GVFL, Physis Capital, 2 individuals |
| Jan 2022 | Funding round | ₹10 Lakh | Investors: 3 individuals |
| Nov 2021 | Funding round | ₹1 Cr | Investors: 2 individuals |
| Oct 2020 | Rights issue | ₹9 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Creanovation Technologies Private Limited has 4 court cases on record: 2 filed by Creanovation Technologies, 2 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
2
Filed against the company
2
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Writ petition | Filed by the company against Micro and Small Enterprises Facilitation Council, Cuttack | Pending |
| High Court of Punjab and Haryana | Arbitration matter | Filed by the company against Rayat Bahra University Through Its Chancellor | Pending |
| High Court of Orissa | Writ petition | Filed against the company | Disposed |
| NCLT, Bengaluru | Company petition | Filed against the company by an individual | Disposed |
To see the full case history of Creanovation Technologies 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 Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Creanovation Technologies Private Limited has a workforce of 24 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
24
Active EPFO establishments
1
Employee growth
50%
GST
Creanovation Technologies has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAICC2315D1ZG | Odisha | Active | 07 Jul 2019 |
| 29AAICC2315D1Z0 | Karnataka | Active | 16 Jan 2022 |
To see the full GST registrations and return filing status of Creanovation Technologies Private Limited, buy the company report.
Recent activity
Creanovation Technologies Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Mihirkumar Arvind Joshi was appointed as Nominee Director on 13 Aug 2024.
Charges
A charge with Others amounted to Rs. 1.75 Cr with Charge ID 101186937 was registered on 24 Oct 2025.
AGM
Creanovation Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Sidbi amounted to Rs. 5.00 Cr with Charge ID 101142320 was registered on 21 Aug 2025.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101152572 was registered on 31 Jul 2025.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 101113460 was registered on 22 May 2025.
Filing
Creanovation Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge with Others amounted to Rs. 1.20 Cr with Charge ID 101095676 was registered on 26 Mar 2025.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101093747 was registered on 20 Mar 2025.
Charges
A charge with Others amounted to Rs. 3.25 Cr with Charge ID 101027178 was registered on 16 Dec 2024.
Appointed
Mihirkumar Arvind Joshi was appointed as Nominee Director.
Charges
A charge registered on 31 May 2023 via Charge ID 100735351 with Others was fully satisfied on 19 Jul 2024.
Charges
A charge with Others of Rs. 4.75 Cr registered on 11 Mar 2024 with Charge ID 100883781 was modified on 29 Jun 2024.
9 earlier events are in the company report.
News
Frequently asked questions
Creanovation Technologies is an active private limited company based in Bhubaneswar, Odisha, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 14 June 2019 (7+ years old) and is registered under CIN U72900OR2019PTC031143.
Creanovation Technologies has 3 current directors:
- Bikash Chandra Sahoo - Director
- Namrata Sahoo - Director
- Mihirkumar Arvind Joshi - Nominee Director
The latest financial statements of Creanovation Technologies 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 FY 2020 are in the company report.
The GSTIN of Creanovation Technologies is 21AAICC2315D1ZG, registered in Odisha. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAICC2315D1Z0 (Karnataka).
The CIN (Corporate Identification Number) of Creanovation Technologies is U72900OR2019PTC031143. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Creanovation Technologies has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Creanovation Technologies was incorporated on 14 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Cuttack.
Creanovation Technologies has 5 deals on record (4 funding rounds, 1 rights issue), with disclosed funding of ₹39.1 Cr; the latest was in November 2024.
Mihirkumar Arvind Joshi was appointed as Nominee Director on 13 Aug 2024. Bikash Chandra Sahoo ceased to be Additional Director on 30 Sep 2022. Harapriya Jena ceased to be Director on 25 Apr 2022. Creanovation Technologies has 5 board changes on record in total.
Yes, Creanovation Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).