MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0318618
Frugal Innovations Private Limited
Frugal Innovations Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹21,359
▲ 11% YoY
Net loss · FY 2025
₹24.22 Lakh
Latest filing
EBITDA · FY 2025
-₹24.19 Lakh
Latest filing
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered
About Frugal Innovations Private Limited
Data last updated:
Frugal Innovations Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 05 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74110PN2015PTC154921. Its GSTIN is 27AACCF5797L1ZY (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mahesh Kulkarni and Sunita Mahesh Kulkarni.
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 Fl No 804 S No 50 (P) 51 (P) Eka Nr Mahesh Vidy Pune City, Maharashtra, India – 411038.
As per the financials filed for FY 2025, the company reported a revenue of ₹21,359, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹24.22 Lakh and EBITDA of -₹24.19 Lakh.
Frugal Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0318618). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74110PN2015PTC154921
Registration Number 154921
Incorporation Date 05 May 2015
ROC Pune
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0318618
CIN history
Frugal Innovations has one previous CIN (Corporate Identification Number): U74900PN2015PTC154921. The current CIN is U74110PN2015PTC154921, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110PN2015PTC154921 | Current |
| U74900PN2015PTC154921 | Previous |
Recognitions & Rankings of Frugal Innovations
Contact details
Frugal Innovations Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFl No 804 S No 50 (P) 51 (P) Eka Nr Mahesh Vidy Pune City, Maharashtra, India – 411038
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Frugal Innovations Private Limited, buy the company report.
Comprehensive company report
Frugal Innovations 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 Frugal Innovations is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Frugal Innovations Private Limited, buy the company report.
Financials of Frugal Innovations Private Limited
FY 2025 filings availableFrugal Innovations Private Limited reported revenue of ₹21,359 (up 11% YoY) for FY 2025.
Revenue · FY 2025
₹21,359 ▲ 11%
Net loss · FY 2025
₹24.22 Lakh
EBITDA · FY 2025
-₹24.19 Lakh
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
EBITDA CAGR growth
1 year
▼ 125%
3 years · compounded
▼ 62%
5 years · compounded
▼ 75%
Revenue rose 11% in the latest year. EBITDA fell 125% 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 | -₹24.19 Lakh | ||||
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| Net Profit (PAT) | -₹24.22 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Frugal Innovations Private Limited, buy the company report.
Board of directors of Frugal Innovations Private Limited
Frugal Innovations has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Kulkarni | Director | 05 May 2015 | 11 Years 6 Months | Current |
| Sunita Mahesh Kulkarni | Director | 05 May 2015 | 11 Years 6 Months | Current |
Peer comparison
Frugal Innovations Private Limited is compared with the 4 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adroit Integrated Services Private Limited | ₹21,450 (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Tech-Surin Solutions Private Limited | ₹21,400 (FY 2025) | 2040.0% | New Delhi, Delhi, India | |||
| Ab&Kalp Private Limited | ₹21,380 (FY 2025) | Barh, Bihar, India | ||||
| Frugal Innovations Private Limitedthis company | ₹21,359 (FY 2025) | -₹24.22 Lakh | 11.0% | Pune, Maharashtra, India | ||
| Infolite IT Services Private Limited | ₹21,190 (FY 2024) | -53.0% | Bhopal, Madhya Pradesh, India |
To see the full peer comparison of Frugal Innovations Private Limited, buy the company report.
Auditor
Frugal Innovations Private Limited is audited by P V PENDSE AND CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P V PENDSE AND CO. | FY 2017 | 121912W |
Shareholding
The shareholding of Frugal Innovations Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Frugal Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Frugal Innovations Private Limited 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 Frugal Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Frugal Innovations has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCF5797L1ZY | Maharashtra | Active | 17 May 2018 |
| 29AACCF5797L1ZU | Karnataka | Active | 24 Dec 2019 |
To see the full GST registrations and return filing status of Frugal Innovations Private Limited, buy the company report.
Recent activity
Frugal Innovations Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Mahesh Kulkarni was appointed as Director on 05 May 2015.
AGM
Frugal Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Frugal Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Mahesh Kulkarni was appointed as Director.
Appointed
Sunita Mahesh Kulkarni was appointed as Director.
Incorporation
05 May 2015
Frugal Innovations Private Limited was registered on 05 May 2015 with Roc Pune & aged 11 years 6 months as per MCA records.
Frequently asked questions
Frugal Innovations is an active private limited company based in Pune, Maharashtra, India. The company works in computer programming, within the information technology industry. It was incorporated on 05 May 2015 (11+ years old) and is registered under CIN U74110PN2015PTC154921.
Frugal Innovations has 2 current directors:
- Mahesh Kulkarni - Director
- Sunita Mahesh Kulkarni - Director
The latest financial statements of Frugal Innovations 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 2016 are in the company report.
The GSTIN of Frugal Innovations is 27AACCF5797L1ZY, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AACCF5797L1ZU (Karnataka).
The CIN (Corporate Identification Number) of Frugal Innovations is U74110PN2015PTC154921. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frugal Innovations was incorporated on 05 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Frugal Innovations by revenue are Adroit Integrated Services Private Limited, Tech-Surin Solutions Private Limited, Ab&Kalp Private Limited, Infolite IT Services Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).
Mahesh Kulkarni was appointed as Director on 05 May 2015. Sunita Mahesh Kulkarni was appointed as Director on 05 May 2015.
Yes, Frugal Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0318618).
The registered office of Frugal Innovations is at Fl No 804 S No 50 P 51 P Eka Nr Mahesh Vidy Pune City, Maharashtra, India – 411038.
Frugal Innovations operates in the information technology industry, in the computer programming segment.
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