About Innive Business Solutions Private Limited
Data last updated:
Innive Business Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2019PTC129380. Its GSTIN is 33AAFCI2801M1ZQ (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹50,000. It is led by directors including Anandhanarayanan Kalpana and Sivakumar Aswin Kumar.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.44 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹27.01 Lakh (net margin 7.9%) and EBITDA of ₹31.48 Lakh (EBITDA margin 9.2%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years.
The company has about 22 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website inniveinc.com.
Company details
Contact details
Innive Business Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is inniveinc.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressG1 No. 4/608, V.O.C Street Desk. No. 331 Perungudi Omr, Chennai, Tamil Nadu, India – 600041
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Innive Business Solutions 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 Innive Business Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Innive Business Solutions Private Limited, buy the company report.
Financials of Innive Business Solutions Private Limited
FY 2024 filings availableInnive Business Solutions Private Limited reported revenue of ₹3.44 Cr (down 37% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over three years, including a 37% fall in the latest year. EBITDA rose 172% 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 | ₹31.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27.01 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 | 9.2% | ||||
| Net Profit Margin | 7.9% | ||||
| 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 Innive Business Solutions Private Limited, buy the company report.
Board of directors of Innive Business Solutions Private Limited
Innive Business Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anandhanarayanan Kalpana | Director | 21 May 2019 | 7 Years 5 Months | Current |
| Sivakumar Aswin Kumar | Director | 27 Mar 2023 | 3 Years 7 Months | Current |
| Perumal Geethasaraswathi | Director | 08 Feb 2022 | 4 Years 8 Months | Current |
Peer comparison
Innive Business Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sita Corp (India) Private Limited | ₹3.46 Cr (FY 2024) | -21.0% | Hyderabad, Telangana, India | |||
| Vardaam Web Solutions Private Limited | ₹3.45 Cr (FY 2025) | 48.0% | Vadodara, Gujarat, India | |||
| Agilex Cyber Management Solutions Private Limited | ₹3.45 Cr (FY 2024) | 45.0% | Nagercoil, Tamil Nadu, India | |||
| S. S. Dynamics Solutions Private Limited | ₹3.45 Cr (FY 2025) | 8.0% | Ludhiana, Punjab, India | |||
| Izaap Technologies Private Limited | ₹3.45 Cr (FY 2024) | -2.0% | Chennai, Tamil Nadu, India | |||
| Innive Business Solutions Private Limitedthis company | ₹3.44 Cr (FY 2024) | ₹27.01 Lakh | 7.9% | -37.0% | 22 | Chennai, Tamil Nadu, India |
| Highbrow Cybernetics India Private Limited | ₹3.44 Cr (FY 2024) | -10.0% | Salem, Tamil Nadu, India | |||
| Rincon India Solutions Private Limited | ₹3.43 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Sujosu Technology (OPC) Private Limited | ₹3.43 Cr (FY 2025) | -68.0% | Kolkata, West Bengal, India | |||
| SVSS Infotech Private Limited | ₹3.42 Cr (FY 2024) | 13.0% | Chennai, Tamil Nadu, India | |||
| Tams Infotech Private Limited | ₹3.41 Cr (FY 2024) | -31.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Innive Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innive Business Solutions 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 Innive Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innive Business Solutions Private Limited has a workforce of 22 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Innive Business Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCI2801M1ZQ | Tamil Nadu | Active | 01 Jan 2020 |
To see the full GST registrations and return filing status of Innive Business Solutions Private Limited, buy the company report.
Recent activity
Innive Business Solutions Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Sivakumar Aswin Kumar was appointed as Director on 27 Mar 2023.
Frequently asked questions
Innive Business Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 May 2019 (7+ years old) and is registered under CIN U72900TN2019PTC129380.
Innive Business Solutions has 3 current directors:
- Anandhanarayanan Kalpana - Director
- Sivakumar Aswin Kumar - Director
- Perumal Geethasaraswathi - Director
The latest financial statements of Innive Business 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 FY 2020 are in the company report.
The GSTIN of Innive Business Solutions is 33AAFCI2801M1ZQ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Innive Business Solutions is U72900TN2019PTC129380. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innive Business Solutions was incorporated on 21 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Innive Business Solutions by revenue are Sita Corp (India) Private Limited, Vardaam Web Solutions Private Limited, Agilex Cyber Management Solutions Private Limited, S. S. Dynamics Solutions Private Limited, Izaap Technologies Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Sivakumar Aswin Kumar was appointed as Director on 27 Mar 2023. Thiagarajan Anand ceased to be Director on 27 Mar 2023. Ramasamy Murugan ceased to be Director on 25 Mar 2022. Innive Business Solutions has 5 board changes on record in total.
Innive Business Solutions can be reached through the website inniveinc.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Innive Business Solutions is at G1 No. 4608, V.O.C Street Desk. No. 331 Perungudi Omr, Chennai, Tamil Nadu, India – 600041.
Innive Business Solutions operates in the information technology industry, in the IT consulting and support services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
