Inivate Solutions (India) Private Limited
About Inivate Solutions (India) Private Limited
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Inivate Solutions (India) Private Limited is a private limited company based in Pune, Maharashtra, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 22 February 2006.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2006PTC022060.
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹11.36 Lakh. It is led by directors Santosh Jagannath Satam (Managing Director) and Sayali Santosh Satam.
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 H – P – 1 H Block MIDC Pimpri Pune – 411 018., Maharashtra, India – 411018.
As per the financials filed for FY 2020, the company reported a revenue of ₹10,955, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹65,891 and EBITDA of -₹71,653. Revenue has grown at a compounded annual rate (CAGR) of 142% over three years and 50% over five years.
Company details
Contact details
Inivate Solutions (India) Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH – P – 1 H Block MIDC Pimpri Pune – 411 018., Maharashtra, India – 411018
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Inivate Solutions (India) 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
Financials of Inivate Solutions (India) Private Limited
FY 2024 filings availableInivate Solutions (India) Private Limited reported revenue of ₹10,955 (up 43720% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹10,955 | ||||
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| EBITDA | -₹71,653 | ||||
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| Net Profit (PAT) | -₹65,891 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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To see the full financial statements and ratios of Inivate Solutions (India) Private Limited, buy the company report.
Board of directors of Inivate Solutions (India) Private Limited
Inivate Solutions (India) has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sayali Santosh Satam Also directs: Avishkar Agro Technology LLP | Director | 22 Feb 2006 | 20 Years 8 Months | Current |
| Santosh Jagannath Satam Also directs: Avishkar Agro Technology LLP, Trimoorty Foamtech Limited | Managing Director | 22 Feb 2006 | 20 Years 8 Months | Current |
Auditor
Inivate Solutions (India) Private Limited is audited by MUJUMDAR & DIXIT for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUJUMDAR & DIXIT | FY 2019 | 122292W |
Shareholding
The shareholding of Inivate Solutions (India) Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Inivate Solutions (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Inivate Solutions (India) 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 Inivate Solutions (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Inivate Solutions (India) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Inivate Solutions (India) Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Anita Ghanekar ceased to be Director on 03 Feb 2014.
Frequently asked questions
Inivate Solutions (India) is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Inivate Solutions (India) is a company pending strike off, currently registered as a private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 22 February 2006 and is registered under CIN U72200PN2006PTC022060. The company may be struck off soon - caution is advised.
The compliance status of Inivate Solutions (India) is compliant as of 06 July 2026.
Inivate Solutions (India) has 2 current directors:
- Santosh Jagannath Satam - Managing Director
- Sayali Santosh Satam - Director
The CIN (Corporate Identification Number) of Inivate Solutions (India) is U72200PN2006PTC022060. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inivate Solutions (India) was incorporated on 22 February 2006. It is registered with the Registrar of Companies, Pune.
The registered office of Inivate Solutions (India) is at H – P – 1 H Block MIDC Pimpri Pune – 411 018., Maharashtra, India – 411018.
The latest financial statements of Inivate Solutions (India) 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.
Inivate Solutions (India) operates in the information technology industry, in the application development and software solutions segment.
Anita Ghanekar ceased to be Director on 03 Feb 2014. Kedaar Chandra Ghanekar ceased to be Director on 03 Apr 2013. Santosh Jagannath Satam ceased to be Director on 03 Mar 2008. Inivate Solutions (India) has 5 board changes on record in total.
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