DPIIT recognised startup Government of India
Startup India
Ingenuity and Innovation Global Services Private Limited
Ingenuity and Innovation Global Services Private Limited - business outsourcing in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.55 Cr
▲ 99% YoY
Net profit · FY 2024
₹1.53 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹24.13 Lakh
EBITDA margin 6.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹44.55 Lakh
Issued & subscribed
Open charges
₹29.9 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
29
Provident fund records
About Ingenuity and Innovation Global Services Private Limited
Data last updated:
Ingenuity and Innovation Global Services Private Limited is a private limited company based in Bhubaneswar, Odisha, India, a subsidiary of Pistol Global Ventures Private Limited and recognised as a startup by DPIIT. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 06 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U95000OR2019PTC032204. Its GSTIN is 21ABDCS0343M1ZK (Odisha).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹44.55 Lakh. It was formerly known as Sjaar Services Private Limited. It is led by directors including Samaresh Mishra and Manoj Kumar Barik.
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 Dcb – 525 DLF Info Park Chandrasekharpur Chandaka Industrial Estate, Bhubaneswar, Odisha, India – 751024.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.55 Cr, a growth of 99% compared to the previous year. For the same year it recorded a net profit of ₹1.53 Lakh (net margin 0.4%) and EBITDA of ₹24.13 Lakh (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 116% over three years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹29.9 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Ingenuity and Innovation Global Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0005244).
Company details
CIN U95000OR2019PTC032204
Registration Number 032204
Incorporation Date 06 December 2019
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Pistol Global Ventures Private Limited
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-OD-19-0005244
Recognitions & Rankings of Ingenuity and Innovation Global Services
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-OD-19-0005244
Contact details
Ingenuity and Innovation Global Services Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDcb – 525 DLF Info Park Chandrasekharpur Chandaka Industrial Estate, Bhubaneswar, Odisha, India – 751024
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Ingenuity and Innovation Global Services Private Limited, buy the company report.
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Ingenuity and Innovation Global Services 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 Ingenuity and Innovation Global Services is personal and household service. In detail, this covers other personal service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S4 | Other Personal service activities |
To see the full business activity and turnover split of Ingenuity and Innovation Global Services Private Limited, buy the company report.
Financials of Ingenuity and Innovation Global Services Private Limited
FY 2024 filings availableIngenuity and Innovation Global Services Private Limited reported revenue of ₹3.55 Cr (up 99% YoY) for FY 2024.
Revenue · FY 2024
₹3.55 Cr ▲ 99%
Net profit · FY 2024
₹1.53 Lakh margin 0.4%
EBITDA · FY 2024
₹24.13 Lakh margin 6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 99%
3 years · compounded
▲ 116%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 112%
Revenue has grown at a compounded annual rate (CAGR) of 116% over three years, including 99% growth in the latest year. EBITDA rose 18% 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 |
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| Total Expenses | |||||
| EBITDA | ₹24.13 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.53 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ingenuity and Innovation Global Services Private Limited, buy the company report.
Board of directors of Ingenuity and Innovation Global Services Private Limited
Ingenuity and Innovation Global Services 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 |
|---|---|---|---|---|
| Samaresh Mishra Also directs: Hillside Global Consultancy LLP, Iig EV LLP, Iig Agro Infrastructure Private Limited and 5 more | Director | 21 Feb 2024 | 2 Years 8 Months | Current |
| Manoj Kumar Barik | Director | 20 Nov 2020 | 5 Years 11 Months | Current |
| Bimala Kumar Roul | Director | 19 May 2025 | 1 Years 5 Months | Current |
Auditor
Ingenuity and Innovation Global Services Private Limited is audited by SAMAL & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAMAL & ASSOCIATES | FY 2022 | 322789E |
Shareholding
The shareholding of Ingenuity and Innovation Global Services Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ingenuity and Innovation Global Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹29.9 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 2024 | 100990952 | Hdfc Bank Limited | ₹23.83 Lakh | Open | |
| 20 Oct 2022 | 100665071 | Hdfc Bank Limited | ₹6.07 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Ingenuity and Innovation Global Services Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Cuttack, Odisha | Court case (M.a.c. Case) | Filed against the company by an individual | Pending |
To see the full case history of Ingenuity and Innovation Global Services 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 Ingenuity and Innovation Global Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ingenuity and Innovation Global Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21ABDCS0343M1ZK | Odisha | Active | 19 Sep 2020 |
To see the full GST registrations and return filing status of Ingenuity and Innovation Global Services Private Limited, buy the company report.
Recent activity
Ingenuity and Innovation Global Services Private Limited has 7 board changes on record since 2020: 3 appointments and 4 cessations. The latest: Bimala Kumar Roul was appointed as Director on 19 May 2025.
Appointed
Bimala Kumar Roul was appointed as Director.
AGM
Ingenuity And Innovation Global Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.24 Cr with Charge ID 100990952 was registered on 22 Aug 2024.
Filing
Ingenuity And Innovation Global Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Ceased
Kalinga Biswal ceased to be Director.
Appointed
Samaresh Mishra was appointed as Director.
Ceased
Guru Prasad Panda ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.06 Cr with Charge ID 100665071 was registered on 20 Oct 2022.
Ceased
Smruti Ranjan Bal ceased to be Director.
Ceased
Achyutananda Rout ceased to be Director.
Appointed
Manoj Kumar Barik was appointed as Director.
Incorporation
06 Dec 2019
Ingenuity And Innovation Global Services Private Limited was registered on 06 Dec 2019 with Roc Cuttack & aged 6 years 11 months as per MCA records.
Frequently asked questions
Ingenuity and Innovation Global Services is an active private limited company based in Bhubaneswar, Odisha, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 06 December 2019 (7+ years old) and is registered under CIN U95000OR2019PTC032204.
Ingenuity and Innovation Global Services has 3 current directors:
- Samaresh Mishra - Director
- Manoj Kumar Barik - Director
- Bimala Kumar Roul - Director
The latest financial statements of Ingenuity and Innovation Global Services 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 2020 are in the company report.
The GSTIN of Ingenuity and Innovation Global Services is 21ABDCS0343M1ZK, registered in Odisha.
The CIN (Corporate Identification Number) of Ingenuity and Innovation Global Services is U95000OR2019PTC032204. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ingenuity and Innovation Global Services has 1 court case on record: 1 filed against it. 1 is pending.
Ingenuity and Innovation Global Services was incorporated on 06 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Cuttack.
Bimala Kumar Roul was appointed as Director on 19 May 2025. Kalinga Biswal ceased to be Director on 14 Mar 2024. Samaresh Mishra was appointed as Director on 21 Feb 2024. Ingenuity and Innovation Global Services has 7 board changes on record in total.
Yes, Ingenuity and Innovation Global Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Ingenuity and Innovation Global Services is registered as a micro enterprise under Udyam registration (number: UDYAM-OD-19-0005244).
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