MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-UP-28-0004879
Frog Innovations Limited - telecom in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹109.49 Cr
▼ 52% YoY
Net loss · FY 2026
₹1.12 Cr
Net margin -1%
EBITDA · FY 2026
-₹2.01 Cr
EBITDA margin -1.8%
Authorised capital
₹16.1 Cr
Registered with MCA
Paid-up capital
₹15.55 Cr
Issued & subscribed
Open charges
₹47.5 Cr
Satisfied ₹58.61 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
150
Provident fund records
About Frog Innovations Limited
Data last updated:
Frog Innovations Limited is a public limited company based in Delhi, India. It operates in the telecom equipment and tech solutions segment of the telecommunications sector. It was incorporated on 12 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L51909DL2004PLC127530. Its GSTIN is 05AAACF8366P1Z3 (Uttarakhand). The company holds 4 GST registrations, of which 2 are active. It is recorded as listed by MCA, but its shares were delisted from NSE on 20 Jun 2018 · exit from itp platform, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹16.1 Cr and a paid-up capital of ₹15.55 Cr. It was formerly known as Frog Cellsat Private Limited. It is led by directors including Konark Trivedi (Managing Director) and Tarun Tularam Sharma (Whole-Time Director).
Its last annual general meeting (AGM) was held on 06 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at No. 1 Ground Floor Old Gupta Colony, D – Block Opposite Polo Ground, Delhi, India – 110009.
As per the financials filed for FY 2026, the company reported a revenue of ₹109.49 Cr, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹1.12 Cr (net margin -1%) and EBITDA of -₹2.01 Cr (EBITDA margin -1.8%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 3% over five years.
The company has about 150 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Frog Cellsat. As per MCA filings, the company has open charges of ₹47.5 Cr and satisfied charges of ₹58.61 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it; 1 case is pending. The company has 3 deals on record (3 secondary share transfers); the latest was in September 2014. The company has 13 MSME Form 1 returns on record between 2018 and 2024, listing 51 overdue payments to 27 micro and small suppliers.
Frog Innovations Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0004879). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website frogcellsat.com.
Company details
CIN L51909DL2004PLC127530
Registration Number 127530
Incorporation Date 12 July 2004
ROC Delhi
Listing Status Listed - Delisted from NSE on 20 Jun 2018 · exit from itp platform
Company Status Active
Date of Last AGM 06 August 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UP-28-0004879
Name history
Frog Innovations has undergone 2 name changes throughout its history. The company was previously known as Frog Cellsat Private Limited, and Frog Innovations Limited. The current legal name is Frog Innovations Limited.
| Company Name | Status |
|---|---|
| Frog Innovations Limited | Current |
| Frog Cellsat Private Limited | Previous |
CIN history
Frog Innovations has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L51909DL2004PLC127530, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51909DL2004PLC127530 | Current |
| U51909DL2004PLC127530 | Previous |
| U51909DL2004PTC127530 | Previous |
Key People
Konark Trivedi Managing Director Tarun Tularam Sharma Whole-Time Director Sonal Trivedi Whole-Time Director Recognitions & Rankings of Frog Innovations
Contact details
Frog Innovations Limited's registered office is in Delhi, Delhi. Its website is frogcellsat.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 1 Ground Floor Old Gupta Colony, D – Block Opposite Polo Ground, Delhi, India – 110009
- IndustryTelecom, Telecom Equipment & Tech Solutions
To see the full contact details of Frog Innovations Limited, buy the company report.
Comprehensive company report
Frog Innovations 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
Frog Innovations operates one associated brand: Frog Cellsat. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| RF wireless repeaters provider | frogcellsat.com |
Business activity
The main business activity of Frog Innovations is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Frog Innovations Limited, buy the company report.
Financials of Frog Innovations Limited
FY 2026 filings availableFrog Innovations Limited reported revenue of ₹109.49 Cr (down 52% YoY) for FY 2026.
Revenue · FY 2026
₹109.49 Cr ▼ 52%
Net loss · FY 2026
₹1.12 Cr margin -1%
EBITDA · FY 2026
-₹2.01 Cr margin -1.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 52%
3 years · compounded
▼ 7%
5 years · compounded
▼ 3%
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 52% fall 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹109.49 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.12 Cr | ||||
| 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.8% | ||||
| Net Profit Margin | -1% | ||||
| 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 Frog Innovations Limited, buy the company report.
Board of directors of Frog Innovations Limited
Frog Innovations has 7 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Chacko | Director | 01 Sep 2022 | 4 Years 1 Months | Current |
| Satish Bhanu Trivedi | Director | 31 Jul 2018 | 8 Years 2 Months | Current |
| Tarun Tularam Sharma Also directs: Frog Tele Private Limited, Frog Profiles Private Limited, Arde Home Private Limited and 1 more | Whole-Time Director | 26 Aug 2020 | 6 Years 1 Months | Current |
| Konark Trivedi Also directs: Frog Tele Private Limited | Managing Director | 12 Jul 2004 | 22 Years 3 Months | Current |
| Sonal Trivedi Also directs: Frog Services Private Limited | Whole-Time Director | 03 Jun 2022 | 4 Years 4 Months | Current |
| Barathy Sundaram Also directs: Workmates Core2cloud Solution Limited | Director | 19 Aug 2022 | 4 Years 2 Months | Current |
Showing 6 of 7 current directors. View all directors
Auditor
Frog Innovations Limited is audited by For Singhi Chugh & Kumar for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| For Singhi Chugh & Kumar | FY 2023 | 013613N |
Shareholding
The shareholding of Frog Innovations 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Frog Innovations Limited, buy the company report.
Charges & borrowings
Open charges
₹47.5 Cr
Satisfied charges
₹58.61 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jan 2025 | 101032016 | The Hongkong and Shanghai Banking Corporation Limited | ₹7.5 Cr | Open | |
| 06 Aug 2024 | 100964569 | The Hongkong and Shanghai Banking Corporation Limited | ₹20 Cr | Open | |
| 17 Jun 2021 | 100456392 | Others | ₹20 Cr | Open | |
| 29 Dec 2021 | 100515698 | Sidbi | ₹1.12 Cr | Satisfied | |
| 22 Feb 2021 | 100417006 | The Hongkong and Shanghai Banking Corporation Limited | ₹2.18 Cr | Satisfied |
To see the full charge records of Frog Innovations Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Frog Innovations Limited has 3 deals on record (3 secondary share transfers); the latest was in September 2014.
Total deals
3
Secondary share transfers
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: Star Private Trust Seller: an individual |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: Star Private Trust Seller: an individual |
| Feb 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Frog Innovations Limited has 8 court cases on record: 5 filed by Frog Innovations, 3 filed against it. 1 case is pending and 7 are disposed.
Total cases
8
Filed by the company
5
Filed against the company
3
Pending
1
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 0 |
| High courts | 4 | 1 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CO.PET.) | Filed by the company against Unitech Hi Tech Developers Limited | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Rally Infra Pvt. Ltd. Aand Ors. | Disposed |
| District court, Central, Delhi | Civil suit | Filed by the company against Suraj Realtors Pvt. Ltd. and 1 other | Disposed |
| District court, South, Delhi | Civil suit | Filed against the company by State | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Union of India & Ors. | Disposed |
To see the full case history of Frog Innovations 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
Frog Innovations Limited has 13 MSME Form 1 returns on record between 2018 and 2024, listing 51 overdue payments to 27 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 27)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Precision Technoengineering Private Limited | |||
| an individual supplier | |||
| Vertex Lifts India Private Limited | |||
| Yu-Hai Technology & Manufacturing Supplies Private Limited | |||
| Antrix Automation Private Limited |
To see the full MSME payment records of Frog Innovations Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Frog Innovations Limited has a workforce of 150 employees on its EPFO records as of Apr 04, 2024, across 2 active EPFO establishments.
Employee count
150
Active EPFO establishments
2
Employee growth
4.9%
GST
Frog Innovations has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAACF8366P1Z3 | Uttarakhand | Active | 01 Jul 2017 |
| 27AAACF8366P1ZX | Maharashtra | Active | 01 Sep 2017 |
To see the full GST registrations and return filing status of Frog Innovations Limited, buy the company report.
Recent activity
Frog Innovations Limited has 19 board changes on record since 2004: 15 appointments and 4 cessations. The latest: Suchita Vishnoi was appointed as Additional Director on 23 Jan 2026.
Filing
Frog Innovations Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Delhi Ii.
Appointed
Suchita Vishnoi was appointed as Additional Director.
AGM
Frog Innovations Limited last Annual general meeting of members was held on 06 Aug 2025 as per latest MCA records.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 7.50 Cr registered on 07 Jan 2025 with Charge ID 101032016 was modified on 08 Jan 2025.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 7.50 Cr with Charge ID 101032016 was registered on 07 Jan 2025.
Charges
A charge with Others of Rs. 20.00 Cr registered on 17 Jun 2021 with Charge ID 100456392 was modified on 25 Sep 2024.
Appointed
Umesh Singh was appointed as CEO.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 20.00 Cr with Charge ID 100964569 was registered on 06 Aug 2024.
Appointed
Rajat Sharma was appointed as Company Secretary.
Ceased
Pankaj Gandhi ceased to be CEO.
Ceased
Ranjit Datta ceased to be Director.
Appointed
Pankaj Gandhi was appointed as CEO.
50 earlier events are in the company report.
News
Frequently asked questions
Frog Innovations is an active public limited company based in Delhi, India. The company works in telecom equipment and tech solutions, within the telecom industry. It was incorporated on 12 July 2004 (22+ years old) and is registered under CIN L51909DL2004PLC127530.
Frog Innovations has 7 current directors:
- Konark Trivedi - Managing Director
- Tarun Tularam Sharma - Whole-Time Director
- Sonal Trivedi - Whole-Time Director
- Ajay Chacko - Director
- Satish Bhanu Trivedi - Director
- Barathy Sundaram - Director
- Suchita Vishnoi - Additional Director
The latest financial statements of Frog Innovations on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 06 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Frog Innovations is 05AAACF8366P1Z3, registered in Uttarakhand. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAACF8366P1ZX (Maharashtra).
The CIN (Corporate Identification Number) of Frog Innovations is L51909DL2004PLC127530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frog Innovations is recorded as a listed company by MCA, but its shares were delisted from NSE on 20 Jun 2018 · exit from itp platform, and no longer trade on a stock exchange.
Frog Innovations has 8 court cases on record: 5 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Frog Innovations was incorporated on 12 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Frog Innovations has 3 deals on record (3 secondary share transfers); the latest was in September 2014.
Suchita Vishnoi was appointed as Additional Director on 23 Jan 2026. Umesh Singh was appointed as CEO on 09 Sep 2024. Rajat Sharma was appointed as Company Secretary on 30 Jul 2024. Frog Innovations has 19 board changes on record in total.
Yes, Frog Innovations is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-28-0004879).