Innovel Energy Services Private Limited

Innovel Energy Services Private Limited - engineering in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U52190WB2012PTC184299 Incorporated 01 August 2012 ROC Kolkata HQ Kolkata, West Bengal, India
Active Private Limited Company engineering MSME · Medium
Data last updated
Revenue · FY 2025
₹40.9 Cr
▼ 36.24% YoY
Net profit · FY 2025
₹27.43 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹71.21 Lakh
EBITDA margin 1.7%
Authorised capital
₹9.8 Cr
Registered with MCA
Paid-up capital
₹9.47 Cr
Issued & subscribed
Open charges
₹12.62 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
1,474
Provident fund records

About Innovel Energy Services Private Limited

Data last updated:

Innovel Energy Services Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Sarvam Investment Private Limited. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 01 August 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U52190WB2012PTC184299. Its GSTIN is 19AADCE1639H1ZN (West Bengal). The company holds 11 GST registrations, of which 7 are active.

The company has an authorised share capital of ₹9.8 Cr and a paid-up capital of ₹9.47 Cr. It was formerly known as Environ Solar Private Limited and Environ Energy Services Private Limited. It is led by directors Prakash Prajapati and Jyoti Kumar Poddar.

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 3/1 Brojomoni, Debya Road Thakurpukur District South 24 Parganas Kolkata – 700008, West Bengal, India – 700008.

As per the financials filed for FY 2025, the company reported a revenue of ₹40.9 Cr. For the same year it recorded a net profit of ₹27.43 Lakh (net margin 0.7%) and EBITDA of ₹71.21 Lakh (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 15% over five years.

The company has about 1,474 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 1 brand: Bhaskar Solar. As per MCA filings, the company has open charges of ₹12.62 Cr on record. Court records list 25 cases involving the company, including 22 filed by the company and 3 filed against it; 8 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹32.4 Cr; the latest was in March 2019.

Innovel Energy Services Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0002042). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website environenergy.in.

Company details

CIN U52190WB2012PTC184299
Registration Number 184299
Incorporation Date 01 August 2012
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Sarvam Investment Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-WB-10-0002042

Name history

Innovel Energy Services has undergone 2 name changes throughout its history. The company was previously known as Environ Solar Private Limited, and Environ Energy Services Private Limited. The current legal name is Innovel Energy Services Private Limited.

Company NameStatus
Innovel Energy Services Private LimitedCurrent
Environ Solar Private LimitedPrevious
Environ Energy Services Private LimitedPrevious

Recognitions & Rankings of Innovel Energy Services

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-WB-10-0002042

Contact details

Innovel Energy Services Private Limited's registered office is in Kolkata, West Bengal. Its website is environenergy.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    3/1 Brojomoni, Debya Road Thakurpukur District South 24 Parganas Kolkata – 700008, West Bengal, India – 700008
  • Industry
    Engineering, Procurement & Construction (EPC), Engineering

To see the full contact details of Innovel Energy Services Private Limited, buy the company report.

Comprehensive company report
Innovel Energy Services 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Innovel Energy Services operates one associated brand: Bhaskar Solar. Each brand links to its own profile.

BrandDescriptionWebsite
Specializes in solar installations and rural electrification for sustainable energy access.bhaskarsolar.com

Business activity

The main business activity of Innovel Energy Services is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Innovel Energy Services Private Limited, buy the company report.

Financials of Innovel Energy Services Private Limited

FY 2025 filings available

Innovel Energy Services Private Limited reported revenue of ₹40.9 Cr for FY 2025.

Revenue · FY 2025
₹40.9 Cr
Net profit · FY 2025
₹27.43 Lakh margin 0.7%
EBITDA · FY 2025
₹71.21 Lakh margin 1.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 25%
5 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▲ 13%
3 years · compounded
▼ 23%
5 years · compounded
▼ 17%

Revenue has declined at a compounded annual rate (CAGR) of 15% over five years. EBITDA rose 13% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹71.21 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹27.43 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin1.7%
Net Profit Margin0.7%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Innovel Energy Services Private Limited, buy the company report.

Board of directors of Innovel Energy Services Private Limited

Innovel Energy Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Prakash PrajapatiDirector06 Aug 20215 Years 3 MonthsCurrent
Jyoti Kumar PoddarDirector01 Aug 201214 Years 3 MonthsCurrent

Auditor

Innovel Energy Services Private Limited is audited by K. N. GUTGUTIA & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
K. N. GUTGUTIA & CO.FY 2023304153E

Shareholding

The shareholding of Innovel Energy Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Innovel Energy Services Private Limited, buy the company report.

Charges & borrowings

Open charges
₹12.62 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹10.00 Cr
Srei Equipment Finance Limited₹2.62 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Jul 2018100207809Others₹10 CrOpen
22 Jan 201510549493Srei Equipment Finance Limited₹45.91 LakhOpen
31 Jul 201410511962Srei Equipment Finance Limited₹1.37 CrOpen
31 Jul 201410511964Srei Equipment Finance Limited₹44.57 LakhOpen
01 Jul 201410511170Srei Equipment Finance Limited₹35 LakhOpen

Total charge records: 5 View all charges

Deals & funding

Innovel Energy Services Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹32.4 Cr; the latest was in March 2019.

Total deals
4
Secondary share transfers
3
Funding round
1
Disclosed funding
₹32.4 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Mar 2019Funding round₹32.4 CrInvestors: Environ Energy Corporation India Private Limited
Dec 2016Secondary share transferUndisclosedBuyer: Jyoti Kumar Poddar HUF
Seller: Environ Energy Corporation India Private Limited , Environ Energy Corporation India Private Limited & Jyoti Kumar Poddar
Jan 2015Secondary share transferUndisclosedBuyer: Environ Energy Corporation India Private Limited & Jyoti Kumar Poddar, Environ Energy Corporation India Private Limited
Seller: an individual
Oct 2014Secondary share transferUndisclosedBuyer: Environ Energy Corporation India Private Limited
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Innovel Energy Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Innovel Energy Services has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Environ Green Energy Private LimitedU40300WB2016PTC218329

To see the full group structure of Innovel Energy Services Private Limited, buy the company report.

Employees & EPFO

Innovel Energy Services Private Limited has a workforce of 1,474 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
1,474
Active EPFO establishments
1
Employee growth
28.3%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-271,474
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Innovel Energy Services Private Limited, buy the company report.

GST

Innovel Energy Services has 11 GST registrations: 7 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
11
Active
7
Cancelled / inactive
4
GSTINStateStatusRegistered on
19AADCE1639H1ZNWest BengalActive01 Jul 2017
10AADCE1639H1Z5BiharActive01 Jul 2017
21AADCE1639H1Z2OdishaActive01 Jul 2017
23AADCE1639H1ZYMadhya PradeshActive15 Sep 2020

To see the full GST registrations and return filing status of Innovel Energy Services Private Limited, buy the company report.

Recent activity

Innovel Energy Services Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Prakash Prajapati ceased to be Additional Director on 30 Nov 2021.

AGM
Innovel Energy Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innovel Energy Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Ceased
Prakash Prajapati ceased to be Additional Director.
Appointed
Prakash Prajapati was appointed as Director.
Ceased
Dharmendra Kumar Singh ceased to be Additional Director.
Ceased
Soumendra Kishore Chakraborty ceased to be Director.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100207809 was registered on 30 Jul 2018.
Charges
A charge with Srei Equipment Finance Limited amounted to Rs. 0.46 Cr with Charge ID 10549493 was registered on 22 Jan 2015.
Charges
A charge with Srei Equipment Finance Limited amounted to Rs. 1.37 Cr with Charge ID 10511962 was registered on 31 Jul 2014.
Charges
A charge with Srei Equipment Finance Limited amounted to Rs. 0.45 Cr with Charge ID 10511964 was registered on 31 Jul 2014.
Charges
A charge with Srei Equipment Finance Limited amounted to Rs. 0.35 Cr with Charge ID 10511170 was registered on 01 Jul 2014.
Appointed
Jyoti Kumar Poddar was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Innovel Energy Services is an active private limited company based in Kolkata, West Bengal, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 01 August 2012 (14+ years old) and is registered under CIN U52190WB2012PTC184299.

Innovel Energy Services has 2 current directors:

The latest financial statements of Innovel Energy Services 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 Innovel Energy Services is 19AADCE1639H1ZN, registered in West Bengal. The company has 11 GST registrations in all, of which 7 are active and 4 are cancelled or inactive. Other active GSTINs include 10AADCE1639H1Z5 (Bihar), 21AADCE1639H1Z2 (Odisha), 23AADCE1639H1ZY (Madhya Pradesh).

The CIN (Corporate Identification Number) of Innovel Energy Services is U52190WB2012PTC184299. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Innovel Energy Services has 25 court cases on record: 22 filed by the company and 3 filed against it. 8 are pending. Most are in the high courts.

Innovel Energy Services was incorporated on 01 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Kolkata.

Innovel Energy Services has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹32.4 Cr; the latest was in March 2019.

Prakash Prajapati ceased to be Additional Director on 30 Nov 2021. Prakash Prajapati was appointed as Director on 06 Aug 2021. Dharmendra Kumar Singh ceased to be Additional Director on 31 Dec 2020. Innovel Energy Services has 5 board changes on record in total.

Yes, Innovel Energy Services is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0002042).