
Indigreenz Innovations Private Limited
About Indigreenz Innovations Private Limited
Data last updated:
Indigreenz Innovations Private Limited is a private limited company based in Jaipur, Rajasthan, India, recognised as a startup by DPIIT. It operates in the specialised services segment of the trading and commerce sector. It was incorporated on 26 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U51909RJ2018PTC063431. Its GSTIN is 08AAFCI1150B1Z6 (Rajasthan).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mayur Vaghela and Shailesh Solanki.
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 Jaipur, Rajasthan.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.76 Lakh, a growth of 28% compared to the previous year. For the same year it recorded a net loss of ₹4.48 Lakh (net margin -119%) and EBITDA of -₹4.43 Lakh (EBITDA margin -117.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
Company details
Recognitions & Rankings of Indigreenz Innovations
Contact details
Indigreenz Innovations Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address is in the company report.
- Email
- Registered Address180 Shri Ram Vihar Mahal, Pratap Nagar Sanganer, Jaipur, Rajasthan, India – 302033
- IndustryTrading, Specialty, Wholesale
To see the full contact details of Indigreenz Innovations Private Limited, buy the company report.
- 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
Business activity
The main business activity of Indigreenz Innovations is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Indigreenz Innovations Private Limited, buy the company report.
Financials of Indigreenz Innovations Private Limited
FY 2024 filings availableIndigreenz Innovations Private Limited reported revenue of ₹3.76 Lakh (up 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over three years, including 28% growth in the latest year. EBITDA fell 608% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | -₹4.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.48 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -117.7% | ||||
| Net Profit Margin | -119% | ||||
| 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 Indigreenz Innovations Private Limited, buy the company report.
Board of directors of Indigreenz Innovations Private Limited
Indigreenz Innovations has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayur Vaghela Also directs: Azygos Enterprise Private Limited | Additional Director | 13 Aug 2025 | 1 Years 2 Months | Current |
| Shailesh Solanki Also directs: Azygos Enterprise Private Limited | Additional Director | 13 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Indigreenz Innovations Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sarnath Distributors Private Limited | ₹3.77 Lakh (FY 2024) | 68.0% | Raipur, Chhattisgarh, India | |||
| Praaj Business Solutions India Private Limited | ₹3.76 Lakh (FY 2023) | -90.0% | Navi Mumbai, Maharashtra, India | |||
| Carolina Dealers Private Limited | ₹3.76 Lakh (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Ladlass Fashions Private Limited | ₹3.76 Lakh (FY 2023) | -93.0% | Edappally North, Kerala, India | |||
| Crumoto Private Limited | ₹3.76 Lakh (FY 2024) | Chewara, Bihar, India | ||||
| Indigreenz Innovations Private Limitedthis company | ₹3.76 Lakh (FY 2024) | -₹4.48 Lakh | -119% | 28.0% | Jaipur, Rajasthan, India | |
| Treasure Wings Private Limited | ₹3.76 Lakh (FY 2023) | 6969.0% | Dehradun, Uttarakhand, India | |||
| Govind Stone Private Limited | ₹3.76 Lakh (FY 2025) | Hamirpur, Uttar Pradesh, India | ||||
| PR Grid Private Limited | ₹3.76 Lakh (FY 2025) | 49.0% | Delhi, India | |||
| Profuse Agrocom Suppliers Private Limited | ₹3.76 Lakh (FY 2025) | -100.0% | Ahmedabad, Gujarat, India | |||
| Ibepl Private Limited | ₹3.76 Lakh (FY 2023) | -86.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Indigreenz Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Indigreenz 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 Indigreenz Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indigreenz Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAFCI1150B1Z6 | Rajasthan | Active | 07 Feb 2019 |
To see the full GST registrations and return filing status of Indigreenz Innovations Private Limited, buy the company report.
Recent activity
Indigreenz Innovations Private Limited has 8 board changes on record since 2020: 3 appointments and 5 cessations. The latest: Hemlata Hemrajani ceased to be Director on 14 Aug 2025.
Frequently asked questions
Indigreenz Innovations is an active private limited company based in Jaipur, Rajasthan, India. The company works in specialty, within the trading industry. It was incorporated on 26 December 2018 (8+ years old) and is registered under CIN U51909RJ2018PTC063431.
Indigreenz Innovations has 2 current directors:
- Mayur Vaghela - Additional Director
- Shailesh Solanki - Additional Director
The latest financial statements of Indigreenz Innovations 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 FY 2019 are in the company report.
The GSTIN of Indigreenz Innovations is 08AAFCI1150B1Z6, registered in Rajasthan.
The CIN (Corporate Identification Number) of Indigreenz Innovations is U51909RJ2018PTC063431. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indigreenz Innovations was incorporated on 26 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Indigreenz Innovations by revenue are Sarnath Distributors Private Limited, Praaj Business Solutions India Private Limited, Carolina Dealers Private Limited, Ladlass Fashions Private Limited, Crumoto Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Hemlata Hemrajani ceased to be Director on 14 Aug 2025. Manisha Jani ceased to be Director on 14 Aug 2025. Raj Kumar Jani ceased to be Director on 14 Aug 2025. Indigreenz Innovations has 8 board changes on record in total.
Yes, Indigreenz Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Indigreenz Innovations is at 180 Shri Ram Vihar Mahal, Pratap Nagar Sanganer, Jaipur, Rajasthan, India – 302033.
Indigreenz Innovations operates in the trading industry, in the specialty segment.

