Foundation for Innovation & Research in Science & Technology
About Foundation for Innovation & Research in Science & Technology
Data last updated:
Foundation for Innovation & Research in Science & Technology is a private not for profit company based in Kanpur, Uttar Pradesh, India. It operates in the scientific research segment of the research and development sector. It was incorporated on 27 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U73100UP2018NPL101453.
It is led by directors including Tarun Gupta and Norbert Cyril Fernandes.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at I.I.T Kanpur Kalyanpur, Uttar Pradesh, India – 208016.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.15 Cr. For the same year it recorded a net profit of ₹3.28 Cr (net margin 14.8%) and EBITDA of ₹3.78 Cr (EBITDA margin 17.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 78% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1 Lakh and satisfied charges of ₹2.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Foundation for Innovation & Research in Science & Technology's registered office is in Kanpur, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressI.I.T Kanpur Kalyanpur, Uttar Pradesh, India – 208016
- IndustryResearch & Development, Science Research
To see the full contact details of Foundation for Innovation & Research in Science & Technology, 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
Business activity
The main business activity of Foundation for Innovation & Research in Science & Technology is professional, scientific and technical. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
To see the full business activity and turnover split of Foundation for Innovation & Research in Science & Technology, buy the company report.
Financials of Foundation for Innovation & Research in Science & Technology
FY 2025 filings availableFoundation for Innovation & Research in Science & Technology reported revenue of ₹22.15 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 78% over five years. EBITDA rose 105% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.78 Cr | ||||
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| Net Profit (PAT) | ₹3.28 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 17.1% | ||||
| Net Profit Margin | 14.8% | ||||
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To see the full financial statements and ratios of Foundation for Innovation & Research in Science & Technology, buy the company report.
Board of directors of Foundation for Innovation & Research in Science & Technology
Foundation for Innovation & Research in Science & Technology has 6 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tarun Gupta | Director | 07 Aug 2023 | 3 Years 2 Months | Current |
| Norbert Cyril Fernandes | Director | 26 Dec 2025 | 0 Years 10 Months | Current |
| Manindra Agarwal Also directs: IIT Kanpur Research & Technology Park Foundation, Airawat Research Foundation, Crubn Foundation and 4 more | Director | 23 Apr 2024 | 2 Years 6 Months | Current |
| Srikant Sastri Also directs: Iirm Holdings India Limited, Entrepreneurship Development Center, Inclusive Growth International Foundation and 2 more | Director | 22 Jan 2019 | 7 Years 9 Months | Current |
| Deepu Philip | Director | 01 Sep 2024 | 2 Years 2 Months | Current |
| Braj Bhushan | Director | 01 Jun 2024 | 2 Years 5 Months | Current |
Peer comparison
Foundation for Innovation & Research in Science & Technology is compared with the 9 companies closest to it by revenue in the same principal business activity (scientific research and development), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sanjay Knit Private Limited | ₹23.05 Cr (FY 2024) | 0.0% | Pune, Maharashtra, India | |||
| SMD Systems Private Limited | ₹22.83 Cr (FY 2025) | 36.0% | Mumbai, Maharashtra, India | |||
| Nmicps Technology Innovation Hub On Autonomous Navigation Foundation | ₹22.75 Cr (FY 2025) | 109.0% | Kandi, Telangana, India | |||
| Navoday Sciences Private Limited | ₹22.36 Cr (FY 2025) | 90.0% | Udaipur, Rajasthan, India | |||
| Fusion Scientific Laboratories Private Limited | ₹22.31 Cr (FY 2024) | 79.0% | Navi Mumbai, Maharashtra, India | |||
| Foundation for Innovation & Research in Science & Technologythis company | ₹22.15 Cr (FY 2025) | ₹3.28 Cr | 14.8% | 7 | Kanpur, Uttar Pradesh, India | |
| Dr.Reddy's Institute of Life Sciences | ₹22.14 Cr (FY 2025) | 30.0% | Hydererabad, Telangana, India | |||
| Idrs Labs Private Limited | ₹21.95 Cr (FY 2024) | 95.0% | Bangalore, Karnataka, India | |||
| Nuwill Research and Innovations Private Limited | ₹21.85 Cr (FY 2025) | 10.0% | Bangalore, Karnataka, India | |||
| X Communications India Private Limited | ₹21.44 Cr (FY 2025) | 1.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Foundation for Innovation & Research in Science & Technology, buy the company report.
Auditor
Foundation for Innovation & Research in Science & Technology is audited by JAIN KEDIA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN KEDIA & CO | FY 2019 | 017028C |
Shareholding
The shareholding of Foundation for Innovation & Research in Science & Technology is on record for FY 2019, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public |
To see the full shareholding pattern of Foundation for Innovation & Research in Science & Technology, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Sep 2022 | 100653638 | Hdfc Bank Limited | ₹1 Lakh | Open | |
| 16 Jul 2022 | 100607756 | Hdfc Bank Limited | ₹2.5 Cr | Satisfied |
To see the full charge records of Foundation for Innovation & Research in Science & Technology, buy the company report.
Total charge records: 2 View all charges
Legal cases
Foundation for Innovation & Research in Science & Technology has 1 court case on record: 1 filed by Foundation for Innovation & Research in Science & Technology. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Court case (ARCO) | Filed by the company against Cybernexa Infotech Private Limited and Another and 1 other | Disposed |
To see the full case history of Foundation for Innovation & Research in Science & Technology, 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 Foundation for Innovation & Research in Science & Technology; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Foundation for Innovation & Research in Science & Technology has a workforce of 7 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Foundation for Innovation & Research in Science & Technology; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Foundation for Innovation & Research in Science & Technology has 19 board changes on record since 2018: 6 appointments and 13 cessations. The latest: Norbert Cyril Fernandes was appointed as Director on 26 Dec 2025.
13 earlier events are in the company report.
Frequently asked questions
Foundation for Innovation & Research in Science & Technology is an active private not for profit company based in Kanpur, Uttar Pradesh, India. The company works in science research, within the research and development industry. It was incorporated on 27 February 2018 (8+ years old) and is registered under CIN U73100UP2018NPL101453.
Foundation for Innovation & Research in Science & Technology has 6 current directors:
- Tarun Gupta - Director
- Norbert Cyril Fernandes - Director
- Manindra Agarwal - Director
- Srikant Sastri - Director
- Deepu Philip - Director
- Braj Bhushan - Director
The latest financial statements of Foundation for Innovation & Research in Science & Technology on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Foundation for Innovation & Research in Science & Technology is U73100UP2018NPL101453. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foundation for Innovation & Research in Science & Technology has 1 court case on record: 1 filed by the company.
Foundation for Innovation & Research in Science & Technology was incorporated on 27 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Foundation for Innovation & Research in Science & Technology by revenue are Sanjay Knit Private Limited, SMD Systems Private Limited, Nmicps Technology Innovation Hub On Autonomous Navigation Foundation, Navoday Sciences Private Limited, Fusion Scientific Laboratories Private Limited and 4 more, all in the same principal business activity (scientific research and development).
Norbert Cyril Fernandes was appointed as Director on 26 Dec 2025. Saurabh Srivastava ceased to be Director on 20 Jan 2025. Ajai Chowdhry ceased to be Director on 17 Jan 2025. Foundation for Innovation & Research in Science & Technology has 19 board changes on record in total.
The registered office of Foundation for Innovation & Research in Science & Technology is at I.I.T Kanpur Kalyanpur, Uttar Pradesh, India – 208016.
Foundation for Innovation & Research in Science & Technology operates in the research and development industry, in the science research segment.
Foundation for Innovation & Research in Science & Technology has open charges of ₹1 Lakh and satisfied charges of ₹2.5 Cr as per latest MCA filings.
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