About Defence Innovation Organisation
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Defence Innovation Organisation is a private not for profit company based in Bangalore, Karnataka, India. It operates in the defence tech and equipment segment of the aerospace, maritime and defence sector. It was incorporated on 10 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72100KA2017NPL102118.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Deepak Bagla and Amit Satija.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Centre For Learning And Development Bharat Electronics Limited Jalahalli, Bangalore, Karnataka, India – 560013.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.92 Cr, a growth of 104% compared to the previous year. For the same year it recorded EBITDA of -₹4.69 Cr (EBITDA margin -95.3%). Revenue has grown at a compounded annual rate (CAGR) of 82% over three years.
The company is associated with 1 brand: iDEX.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website idex.gov.in.
Company details
CIN history
Defence Innovation Organisation has one previous CIN (Corporate Identification Number): U73100KA2017NPL102118. The current CIN is U72100KA2017NPL102118, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100KA2017NPL102118 | Current |
| U73100KA2017NPL102118 | Previous |
Contact details
Defence Innovation Organisation's registered office is in Bangalore, Karnataka.
- Social Media
- Registered AddressCentre For Learning And Development Bharat Electronics Limited Jalahalli, Bangalore, Karnataka, India – 560013
- IndustryAerospace, Maritime and Defense, Defence Tech & Equipment
- 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
Defence Innovation Organisation operates one associated brand: iDEX. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Importer of defense equipments | idex.gov.in |
Financials of Defence Innovation Organisation
FY 2025 filings availableDefence Innovation Organisation reported revenue of ₹4.92 Cr (up 104% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 82% over three years, including 104% growth 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
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| Total Revenue | ₹4.92 Cr | ||||
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| EBITDA | -₹4.69 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -95.3% | ||||
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To see the full financial statements and ratios of Defence Innovation Organisation, buy the company report.
Board of directors of Defence Innovation Organisation
Defence Innovation Organisation has 7 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Bagla | Director | 29 Sep 2025 | 1 Years 0 Months | Current |
| Amit Satija Also directs: Munitions India Limited, Goa Shipyard Limited | Director | 27 Nov 2024 | 1 Years 11 Months | Current |
| Sunil Krishna Murthy Devanahalli | Director | 03 Sep 2024 | 2 Years 1 Months | Current |
| Manoj Jain Also directs: Bharat Electronics Limited, Bel Optronic Devices Limited | Director | 20 Jun 2024 | 2 Years 4 Months | Current |
| Sanjeev Kumar | Director | 03 Sep 2024 | 2 Years 1 Months | Current |
| Samir Venkatapati Kamat | Director | 14 Oct 2024 | 2 Years 0 Months | Current |
Legal cases
No court or tribunal cases involving Defence Innovation Organisation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Defence Innovation Organisation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Defence Innovation Organisation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Defence Innovation Organisation has 30 board changes on record since 2018: 7 appointments and 23 cessations. The latest: Mayank Sharma ceased to be Director on 01 Nov 2025.
21 earlier events are in the company report.
Frequently asked questions
Defence Innovation Organisation is an active private not for profit company based in Bangalore, Karnataka, India. The company works in defence tech and equipment, within the aerospace, maritime and defense industry. It was incorporated on 10 April 2017 (9+ years old) and is registered under CIN U72100KA2017NPL102118.
Defence Innovation Organisation has 7 current directors:
- Deepak Bagla - Director
- Amit Satija - Director
- Sunil Krishna Murthy Devanahalli - Director
- Manoj Jain - Director
- Sanjeev Kumar - Director
- Samir Venkatapati Kamat - Director
- Mayank Sharma - Director
The latest financial statements of Defence Innovation Organisation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Defence Innovation Organisation is U72100KA2017NPL102118. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Defence Innovation Organisation was incorporated on 10 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Mayank Sharma ceased to be Director on 01 Nov 2025. Deepak Bagla was appointed as Director on 29 Sep 2025. Mayank Sharma was appointed as Director on 29 Sep 2025. Defence Innovation Organisation has 30 board changes on record in total.
Defence Innovation Organisation can be reached through the website idex.gov.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Defence Innovation Organisation is at Centre For Learning And Development Bharat Electronics Limited Jalahalli, Bangalore, Karnataka, India – 560013.
Defence Innovation Organisation operates in the aerospace, maritime and defense industry, in the defence tech and equipment segment.
The compliance status of Defence Innovation Organisation is compliant as of 19 July 2026. The company is actively filing with the Registrar of Companies.