About Garnertech Innovation Private Limited
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Garnertech Innovation Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 25 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U71290DL2018PTC341098. Its GSTIN is 07AAHCG5378F1ZE (Delhi). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors including Raghav Gupta and Arpeet Gupta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. C – 5 Ground Floor Sma Co – Operative Industrial Estate Gt Karnal Road, Delhi, India – 110033.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.43 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹2.57 Cr (net margin 11%) and EBITDA of ₹3.37 Cr (EBITDA margin 14.4%). Revenue has grown at a compounded annual rate (CAGR) of 116% over three years and 50% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Yellow Rentals. As per MCA filings, the company has open charges of ₹91.35 Lakh on record.
For more details, the company can be reached via its website yellowrentals.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. C – 5 Ground Floor Sma Co – Operative Industrial Estate Gt Karnal Road, Delhi, India – 110033
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
- 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
- One PDF report, delivered after checkout
Associated Brands with Garnertech Innovation Private Limited
Garnertech Innovation operates one associated brand: Yellow Rentals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Power generation, material handling, and construction equipment services are provided. | yellowrentals.in |
Competitors & Alternatives of Garnertech Innovation Private Limited
Brands and companies operating in the same space as Garnertech Innovation Private Limited include Rent Alpha, Equiphunt, EZLease and 3 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Rent Alpha | Online B2B rentals of heavy machinery and equipment are facilitated. | Mumbai, India | 2014 |
 Equiphunt | Construction equipment rentals are enabled via an online marketplace platform. | Hyderabad, India | 2015 |
 EZLease | Industrial equipment is rented and leased through an online platform. | Chennai, India | 2021 |
 Express World | B2B platform offering heavy machinery on rental basis | Mumbai, India | 1946 |
 Heavy Equipments | Online listings for buying/selling and renting heavy construction equipment | Bharuch, India | 2015 |
 Equipko | Sells and services outdoor power equipment for commercial maintenance needs. | Bengaluru, India | 2016 |
Business Activity of Garnertech Innovation Private Limited
The main business activity of Garnertech Innovation is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Garnertech Innovation Private Limited
Garnertech Innovation Private Limited is audited by M/S M. V.& CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M/S M. V.& CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Garnertech Innovation Private Limited
Garnertech Innovation has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghav Gupta Also directs: Macano Distributors LLP | Director | 25 Oct 2018 | 7 Years 11 Months | Current |
| Arpeet Gupta | Director | 15 Jun 2019 | 7 Years 3 Months | Current |
| Rakesh Gupta | Director | 16 Aug 2021 | 5 Years 1 Months | Current |
Financials of Garnertech Innovation Private Limited FY 2024 filings available
Garnertech Innovation Private Limited reported revenue of ₹23.43 Cr (up 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Garnertech Innovation Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 50% growth in the latest year. EBITDA rose 128% 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 of Garnertech Innovation Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
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| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.37 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.57 Cr | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Garnertech Innovation Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Garnertech Innovation are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Garnertech Innovation Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Garnertech Innovation Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jun 2024 | Hdfc Bank Limited | ₹49.9 Lakh | Open |
| 25 Jan 2024 | Hdfc Bank Limited | ₹41.45 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Garnertech Innovation Private Limited
Employment history and EPFO contributions of people linked to Garnertech Innovation.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Garnertech Innovation Private Limited
Garnertech Innovation has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCG5378F1ZE | Delhi | Active | 10 Nov 2018 |
| 27AAHCG5378F1ZC | Maharashtra | Active | 05 Aug 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Garnertech Innovation Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Garnertech Innovation Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Garnertech Innovation Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Garnertech Innovation Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Garnertech Innovation Private Limited
Frequently Asked Questions about Garnertech Innovation Private Limited
Garnertech Innovation is an active private limited company based in Delhi, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 25 October 2018 (8+ years old) and is registered under CIN U71290DL2018PTC341098.
Garnertech Innovation reported revenue of ₹23.43 Cr for FY 2025 (up 50% YoY).
Garnertech Innovation has 3 current directors:
- Raghav Gupta - Director
- Arpeet Gupta - Director
- Rakesh Gupta - Director
Garnertech Innovation reported a net profit of ₹2.57 Cr (net margin 11%) and EBITDA of ₹3.37 Cr (EBITDA margin 14.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Garnertech Innovation is 116% over three years and 50% over five years. In the latest year (FY 2025) revenue rose 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Garnertech Innovation is 07AAHCG5378F1ZE, registered in Delhi. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAHCG5378F1ZC (Maharashtra).
The CIN (Corporate Identification Number) of Garnertech Innovation is U71290DL2018PTC341098. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garnertech Innovation was incorporated on 25 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
Yes, Garnertech Innovation is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).