Great Innovus Solutions Private Limited

Great Innovus Solutions Private Limited - information technology in Madurai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72200TN2006PTC061483 Incorporated 10 November 2006 ROC Chennai HQ Madurai, Tamil Nadu, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2024
₹63.92 Lakh
▼ 88% YoY
Net loss · FY 2024
₹1.11 Cr
Net margin -174.4%
EBITDA · FY 2024
₹1.58 Lakh
EBITDA margin 2.5%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹18.08 Lakh
Issued & subscribed
Open charges
₹7.2 Cr
Satisfied ₹50 Lakh
Company age
20 yrs
Est. 2006
Employees · EPFO
93
Provident fund records

About Great Innovus Solutions Private Limited

Data last updated:

Great Innovus Solutions Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 November 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2006PTC061483. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹18.08 Lakh. It is led by directors including Gurusamy Lakshmanan Chettiar and Kalyansundaram Gurusamy.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No 11 A R Thope First Street Opp To Andalpuram, Madurai, Tamil Nadu, India – 625003.

As per the financials filed for FY 2024, the company reported a revenue of ₹63.92 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹1.11 Cr (net margin -174.4%) and EBITDA of ₹1.58 Lakh (EBITDA margin 2.5%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 31% over five years.

The company has about 93 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹7.2 Cr and satisfied charges of ₹50 Lakh on record. The company has 3 deals on record (1 rights issue, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹2 Cr; the latest was in December 2022.

Great Innovus Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-12-0006917). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website greatinnovus.com.

Company details

CIN U72200TN2006PTC061483
Registration Number 061483
Incorporation Date 10 November 2006
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-12-0006917
Key People
Gurusamy Lakshmanan Chettiar Director Kalyansundaram Gurusamy Director Kalyanasundaram Seethalakshmi Director

Recognitions & Rankings of Great Innovus Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-TN-12-0006917

Contact details

Great Innovus Solutions Private Limited's registered office is in Madurai, Tamil Nadu. Its website is greatinnovus.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    greatinnovus.com
  • Social Media
  • Registered Address
    Plot No 11 A R Thope First Street Opp To Andalpuram, Madurai, Tamil Nadu, India – 625003
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Great Innovus Solutions Private Limited, buy the company report.

Comprehensive company report
Great Innovus Solutions 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 Great Innovus Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Great Innovus Solutions Private Limited, buy the company report.

Financials of Great Innovus Solutions Private Limited

FY 2024 filings available

Great Innovus Solutions Private Limited reported revenue of ₹63.92 Lakh (down 88% YoY) for FY 2024.

Revenue · FY 2024
₹63.92 Lakh ▼ 88%
Net loss · FY 2024
₹1.11 Cr margin -174.4%
EBITDA · FY 2024
₹1.58 Lakh margin 2.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 88%
3 years · compounded
▼ 47%
5 years · compounded
▼ 31%
EBITDA CAGR growth
1 year
▲ 103%
3 years · compounded
▼ 76%
5 years · compounded
▼ 44%

Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 88% fall in the latest year. EBITDA rose 103% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.58 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.11 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.5%
Net Profit Margin-174.4%
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 Great Innovus Solutions Private Limited, buy the company report.

Board of directors of Great Innovus Solutions Private Limited

Great Innovus Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gurusamy Lakshmanan ChettiarDirector10 Nov 200619 Years 11 MonthsCurrent
Kalyansundaram Gurusamy
Also directs: Celestique Glow Private Limited
Director19 Oct 200917 Years 0 MonthsCurrent
Kalyanasundaram Seethalakshmi
Also directs: Kampilation Labs Private Limited
Director10 Nov 200619 Years 11 MonthsCurrent
View all directors

Auditor

Great Innovus Solutions Private Limited is audited by N Sankaran and Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
N Sankaran and CoFY 2023003590S

Shareholding

The shareholding of Great Innovus Solutions 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Great Innovus Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹7.2 Cr
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Others₹6.50 Cr
Hdfc Bank Limited₹0.70 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Aug 2020100364780Hdfc Bank Limited₹69.7 LakhOpen
25 Apr 2018100217655Others₹50 LakhOpen
26 Mar 2018100217652Others₹6 CrOpen
05 Dec 2016100068019Hdfc Bank Limited₹50 LakhSatisfied

To see the full charge records of Great Innovus Solutions Private Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Great Innovus Solutions Private Limited has 3 deals on record (1 rights issue, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹2 Cr; the latest was in December 2022.

Total deals
3
Rights issue
1
Convertible or debt financing
1
Secondary share transfer
1
Disclosed funding
₹2 Cr

Deals on record (2 of 3)

WhenDealAmountParties
Dec 2022Rights issue₹1.6 LakhInvestors: an individual
Jan 2015Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

To see the full deal history of Great Innovus Solutions Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Great Innovus Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Great Innovus Solutions Private Limited has a workforce of 93 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
93
Active EPFO establishments
1
Employee growth
-35.86%

GST

Great Innovus Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Great Innovus Solutions Private Limited, buy the company report.

Recent activity

Great Innovus Solutions Private Limited has 5 board changes on record since 2006: 4 appointments and 1 cessation. The latest: Thiruvengadam Subbulakshmi ceased to be Director on 24 Jan 2012.

AGM
Great Innovus Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Great Innovus Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Hdfc Bank Limited of Rs. 69.70 Lakh registered on 26 Aug 2020 with Charge ID 100364780 was modified on 01 Sep 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 69.70 Lakh with Charge ID 100364780 was registered on 26 Aug 2020.
Charges
A charge registered on 05 Dec 2016 via Charge ID 100068019 with Hdfc Bank Limited was fully satisfied on 24 Oct 2018.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100217655 was registered on 25 Apr 2018.
Charges
A charge with Others amounted to Rs. 600.00 Lakh with Charge ID 100217652 was registered on 26 Mar 2018.
Charges
A charge with Hdfc Bank Limited of Rs. 50.00 Lakh registered on 05 Dec 2016 with Charge ID 100068019 was modified on 21 Apr 2017.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 100068019 was registered on 05 Dec 2016.
Ceased
Thiruvengadam Subbulakshmi ceased to be Director.
Appointed
Kalyansundaram Gurusamy was appointed as Director.
Appointed
Gurusamy Lakshmanan Chettiar was appointed as Director.

3 earlier events are in the company report.

Frequently asked questions

Great Innovus Solutions is an active private limited company based in Madurai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 November 2006 (20+ years old) and is registered under CIN U72200TN2006PTC061483.

Great Innovus Solutions has 3 current directors:

The latest financial statements of Great Innovus Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

No. Great Innovus Solutions has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Great Innovus Solutions is U72200TN2006PTC061483. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Great Innovus Solutions was incorporated on 10 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.

Great Innovus Solutions has 3 deals on record (1 rights issue, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹2 Cr; the latest was in December 2022.

Thiruvengadam Subbulakshmi ceased to be Director on 24 Jan 2012. Kalyansundaram Gurusamy was appointed as Director on 19 Oct 2009. Gurusamy Lakshmanan Chettiar was appointed as Director on 10 Nov 2006. Great Innovus Solutions has 5 board changes on record in total.

Yes, Great Innovus Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-12-0006917).

Great Innovus Solutions can be reached through the website greatinnovus.com. Its registered office is in Madurai, Tamil Nadu, India.