India's Richest People 2026 edition · 1 director · Source: Hurun India
- #463 Hitesh Oberoi ₹7,600 Cr
Revenue · FY 2026
₹43.5 Cr
▲ 7% YoY
Net loss · FY 2026
₹1.57 Cr
Net margin -3.6%
EBITDA · FY 2026
-₹1.42 Cr
EBITDA margin -3.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹4,000
Issued & subscribed
Company age
16 yrs
Est. 2010
Employees · EPFO
62
Provident fund records
Directors on board
8
As per MCA filings
About Iimb Innovations
Data last updated:
Iimb Innovations is a private not for profit company based in Bangalore, Karnataka, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 23 April 2010 and has been in existence for over 16 years.
Its director Hitesh Oberoi is #463 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U73200KA2010NPL053371. Its GSTIN is 29AACCI3254M1Z9 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹4,000. It is led by directors including Hitesh Oberoi and Ganesh Krishnan.
Its last annual general meeting (AGM) was held on 10 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Indian Institute Of Management Bannerghatta Main Road, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2026, the company reported a revenue of ₹43.5 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹1.57 Cr (net margin -3.6%) and EBITDA of -₹1.42 Cr (EBITDA margin -3.3%). Revenue has grown at a compounded annual rate (CAGR) of 65% over three years and 74% over five years.
The company has about 62 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Indian Institute of Management Bangalore.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iimb.ac.in.
Company details
CIN U73200KA2010NPL053371
Registration Number 053371
Incorporation Date 23 April 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 10 July 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Recognitions & Rankings of Iimb Innovations
Contact details
Iimb Innovations's registered office is in Bangalore, Karnataka. Its website is iimb.ac.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIndian Institute Of Management Bannerghatta Main Road, Bangalore, Karnataka, India – 560076
- IndustryFinancial Services, Financial Activities
To see the full contact details of Iimb Innovations, buy the company report.
Comprehensive company report
Iimb Innovations - 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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Brands
Iimb Innovations operates one associated brand: Indian Institute of Management Bangalore. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides management education, research, and executive programs for students and professionals. | iimb.ac.in |
Business activity
The main business activity of Iimb Innovations is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Iimb Innovations, buy the company report.
Financials of Iimb Innovations
FY 2026 filings availableIimb Innovations reported revenue of ₹43.5 Cr (up 7% YoY) for FY 2026.
Revenue · FY 2026
₹43.5 Cr ▲ 7%
Net loss · FY 2026
₹1.57 Cr margin -3.6%
EBITDA · FY 2026
-₹1.42 Cr margin -3.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 65%
5 years · compounded
▲ 74%
EBITDA CAGR growth
1 year
▼ 504%
Revenue has grown at a compounded annual rate (CAGR) of 74% over five years, including 7% growth in the latest year. EBITDA fell 504% 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 | ₹43.5 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.57 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.3% | ||||
| Net Profit Margin | -3.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Iimb Innovations, buy the company report.
Board of directors and KMP of Iimb Innovations
Iimb Innovations currently reports 7 directors and 1 key managerial person. 19 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Oberoi Also directs: Info Edge (India) Limited, Allcheckdeals India Private Limited, Jeevansathi Internet Services Private Limited and 3 more | Director | 14 Jun 2024 | 2 Years 4 Months | Current |
| Ganesh Krishnan Also directs: Vriksha Realtors LLP, Hygiene Bigbite Private Limited, CRM Holdings Private Limited and 5 more | Director | 14 Jun 2024 | 2 Years 4 Months | Current |
| Unnikrishnan Dinesh Kumar Also directs: Nautilus Principle Private Limited, Analytics Training and Research Council, Iimbx Digital Learning Foundation and 1 more | Additional Director | 11 Sep 2025 | 1 Years 1 Months | Current |
| Venkatesh Panchapagesan Also directs: Brigade Enterprises Limited, Zerodha Trustee Private Limited | Director | 25 Feb 2019 | 7 Years 8 Months | Current |
| Srivardhini Keshavamurthy | Director | 20 Dec 2022 | 3 Years 10 Months | Current |
| Anand Sriganesh Nagarajan | Ceo | 01 Sep 2023 | 3 Years 2 Months | Current |
Showing 6 of 8 current directors and KMP. View all directors and KMP
Auditor
Iimb Innovations is audited by P. K. Subramaniam & Co for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. K. Subramaniam & Co | FY 2026 | 004135S |
Shareholding
The shareholding of Iimb Innovations is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Iimb Innovations, buy the company report.
Legal cases
No court or tribunal cases involving Iimb Innovations 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 Iimb Innovations; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Iimb Innovations has a workforce of 62 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
62
Active EPFO establishments
1
Employee growth
55%
GST
Iimb Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCI3254M1Z9 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iimb Innovations, buy the company report.
Recent activity
Iimb Innovations has 27 board changes on record since 2011: 8 appointments and 19 cessations. The latest: Unnikrishnan Dinesh Kumar was appointed as Additional Director on 11 Sep 2025.
Filing
Iimb Innovations has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Bangalore.
Appointed
Unnikrishnan Dinesh Kumar was appointed as Additional Director.
AGM
Iimb Innovations last Annual general meeting of members was held on 10 Jul 2025 as per latest MCA records.
Ceased
Dalhia Mani ceased to be Additional Director.
Appointed
Dalhia Mani was appointed as Director.
Ceased
Ganesh Krishnan ceased to be Additional Director.
Ceased
Geetha Manjunath ceased to be Additional Director.
Ceased
Hitesh Oberoi ceased to be Additional Director.
Appointed
Ganesh Krishnan was appointed as Director.
Appointed
Geetha Manjunath was appointed as Director.
Appointed
Hitesh Oberoi was appointed as Director.
Ceased
Srivardhini Keshavamurthy ceased to be Additional Director.
18 earlier events are in the company report.
News
Frequently asked questions
Iimb Innovations is an active private not for profit company based in Bangalore, Karnataka, India. The company works in financial activities, within the financial services industry. It was incorporated on 23 April 2010 (16+ years old) and is registered under CIN U73200KA2010NPL053371.
Iimb Innovations has 8 current directors and KMP:
- Hitesh Oberoi - Director
- Ganesh Krishnan - Director
- Unnikrishnan Dinesh Kumar - Additional Director
- Venkatesh Panchapagesan - Director
- Srivardhini Keshavamurthy - Director
- Geetha Manjunath - Director
- Dalhia Mani - Director
- Anand Sriganesh Nagarajan - Ceo
The latest financial statements of Iimb Innovations on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 10 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Iimb Innovations is 29AACCI3254M1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Iimb Innovations is U73200KA2010NPL053371. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iimb Innovations was incorporated on 23 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Unnikrishnan Dinesh Kumar was appointed as Additional Director on 11 Sep 2025. Dalhia Mani ceased to be Additional Director on 09 Jul 2025. Dalhia Mani was appointed as Director on 22 Jan 2025. Iimb Innovations has 27 board changes on record in total.
Iimb Innovations can be reached through the website iimb.ac.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Iimb Innovations is at Indian Institute Of Management Bannerghatta Main Road, Bangalore, Karnataka, India – 560076.
Iimb Innovations operates in the financial services industry, in the financial activities segment.
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