DPIIT recognised startup Government of India
Startup India
Garnertech Innovation Private Limited - machinery and equipment in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹23.43 Cr
▲ 50% YoY
Net profit · FY 2025
₹2.57 Cr
Net margin 11%
EBITDA · FY 2025
₹3.37 Cr
EBITDA margin 14.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6 Lakh
Issued & subscribed
Open charges
₹91.35 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
9
Provident fund records
About Garnertech Innovation Private Limited
Data last updated:
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. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 4 cases are pending.
Garnertech Innovation Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-04-0005829). For more details, the company can be reached via its website yellowrentals.in.
Company details
CIN U71290DL2018PTC341098
Registration Number 341098
Incorporation Date 25 October 2018
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-DL-04-0005829
Recognitions & Rankings of Garnertech Innovation
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-04-0005829
Contact details
Garnertech Innovation Private Limited's registered office is in Delhi, Delhi. Its website is yellowrentals.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- 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
To see the full contact details of Garnertech Innovation Private Limited, buy the company report.
Comprehensive company report
Garnertech Innovation 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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Secure checkout · GST invoice included
Brands
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 |
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Garnertech Innovation Private Limited, buy the company report.
Financials of Garnertech Innovation Private Limited
FY 2024 filings availableGarnertech Innovation Private Limited reported revenue of ₹23.43 Cr (up 50% YoY) for FY 2025.
Revenue · FY 2025
₹23.43 Cr ▲ 50%
Net profit · FY 2025
₹2.57 Cr margin 11%
EBITDA · FY 2025
₹3.37 Cr margin 14.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 50%
3 years · compounded
▲ 116%
5 years · compounded
▲ 50%
EBITDA CAGR growth
1 year
▲ 128%
3 years · compounded
▲ 224%
5 years · compounded
▲ 95%
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.57 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| 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) | |||||
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To see the full financial statements and ratios of Garnertech Innovation Private Limited, buy the company report.
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.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghav Gupta Also directs: Macano Distributors LLP | Director | 25 Oct 2018 | 8 Years 0 Months | Current |
| Arpeet Gupta | Director | 15 Jun 2019 | 7 Years 4 Months | Current |
| Rakesh Gupta | Director | 16 Aug 2021 | 5 Years 2 Months | Current |
Auditor
Garnertech Innovation Private Limited is audited by M/S M. V.& CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/S M. V.& CO. | FY 2023 | 017937N |
Shareholding
The shareholding of Garnertech Innovation 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 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 Garnertech Innovation Private Limited, buy the company report.
Charges & borrowings
Open charges
₹91.35 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2024 | 100958295 | Hdfc Bank Limited | ₹49.9 Lakh | Open | |
| 25 Jan 2024 | 100892223 | Hdfc Bank Limited | ₹41.45 Lakh | Open |
To see the full charge records of Garnertech Innovation Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Garnertech Innovation Private Limited has 4 court cases on record: 2 filed by Garnertech Innovation, 2 filed against it. All cases are pending.
Total cases
4
Filed by the company
2
Filed against the company
2
Pending
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 4 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North, Delhi | Court case (CS (COMM.)) | Filed against the company by Samridhi Highway Solutions Pvt Ltd | Pending |
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed by the company against Samridhi Highway Solutions Pvt Ltd. and Ors. and Ors | Pending |
| District court, North West, Delhi | Criminal case | Filed by the company against Samridhi Highway Solutions Pvt Ltd and 1 other | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by M/S Khattar Enterprises | Pending |
To see the full case history of Garnertech Innovation Private 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
No delayed payments to MSME suppliers are on our record for Garnertech Innovation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Garnertech Innovation has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCG5378F1ZE | Delhi | Active | 10 Nov 2018 |
| 27AAHCG5378F1ZC | Maharashtra | Active | 05 Aug 2022 |
To see the full GST registrations and return filing status of Garnertech Innovation Private Limited, buy the company report.
Recent activity
Garnertech Innovation Private Limited has 7 board changes on record since 2018: 3 appointments and 4 cessations. The latest: Arpeet Gupta ceased to be Additional Director on 27 Mar 2023.
AGM
Garnertech Innovation Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 41.45 Lakh registered on 25 Jan 2024 with Charge ID 100892223 was modified on 30 Aug 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 49.90 Lakh with Charge ID 100958295 was registered on 21 Jun 2024.
Filing
Garnertech Innovation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 41.45 Lakh with Charge ID 100892223 was registered on 25 Jan 2024.
Ceased
Arpeet Gupta ceased to be Additional Director.
Ceased
Rajesh Razdan ceased to be Director.
Ceased
Rakesh Gupta ceased to be Additional Director.
Appointed
Rakesh Gupta was appointed as Director.
Ceased
Tarun Sharma ceased to be Director.
Appointed
Arpeet Gupta was appointed as Director.
Appointed
Raghav Gupta was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
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 has 3 current directors:
- Raghav Gupta - Director
- Arpeet Gupta - Director
- Rakesh Gupta - Director
The latest financial statements of Garnertech Innovation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
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 has 4 court cases on record: 2 filed by the company and 2 filed against it. 4 are pending.
Garnertech Innovation was incorporated on 25 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
Arpeet Gupta ceased to be Additional Director on 27 Mar 2023. Rajesh Razdan ceased to be Director on 27 Feb 2022. Rakesh Gupta ceased to be Additional Director on 30 Nov 2021. Garnertech Innovation has 7 board changes on record in total.
Yes, Garnertech Innovation is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Garnertech Innovation is registered as a small enterprise under Udyam registration (number: UDYAM-DL-04-0005829).