Innobits Solutions Private Limited - Company Profile

It is a information technology private limited company based in Bangalore South, Karnataka, India, established in 2020.

2020 Bangalore South, Karnataka, India Active

Last Updated: February 07, 2026

About Innobits Solutions Private Limited

Innobits Solutions Private Limited, a active private limited company, was established on 16 November 2020 in Bangalore South, Karnataka, India. Engaging in application development & software solutions within the information and communication sector, it holds CIN: U72900KA2020PTC141062. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.12 M.

It upholds a compliant status. Employing 21 professional, Its leadership includes Mahesh Nagaraju (Additional Director), Anuradha Gopalakrishna Bhat (Additional Director). Past directors included Mahesh Nagaraju, Subby Jacob Varghese, Sooryah Pokkali Prakasam. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at No 11, Cabin No 4, 3Rd Floor, Sai Samruddhi, 11Th C Main, Jayanagar 5Th Block, Near Raghavendra Swamy Temple, Bangalore South, Karnataka, 560041.

Company Details

CIN/LLPIN
U72900KA2020PTC141062
Registration Number
141062
Incorporation Date
16 November 2020
Authorized Capital
₹1.00 M
Paid-Up Capital
₹0.12 M
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.00 M as on 07-02-2026
Paid Up Capital ₹ 0.12 M as on 07-02-2026
Company Age 5 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** 190.06% (FY 2023)
Profit Growth **** -1555.98% (FY 2023)
Ebitda **** -7455.64% (FY 2023)
Net Worth -931.63% (FY 2023)
Total Assets **** 20.75% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Innobits Solutions Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report

Who are the key members and board of directors at Innobits Solutions Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Mahesh Nagaraju	Additional Director	03 Feb 2024	Current
Anuradha Gopalakrishna Bhat	Additional Director	03 Feb 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	08 Feb 2021	Past
Pramod Abcsdd	Director	08 Feb 2021	Past
Pramod Abcsdd	Additional Director	31 Dec 2021	Past
Pramod Abcsdd	Additional Director	31 Dec 2021	Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Innobits Solutions.

Innobits Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 190.06% increase. The company also saw a substantial fall in profitability, with a 1555.98% decrease in profit. The company's net worth observed a substantial decline by a decrease of 931.63%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

Upgrade Required

Full access to Financial is available only for users with an active Premium plan.

Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

190.06%

*******

Revenue from Operations

*******

177.39%

*******

Total Assets

*******

20.75%

*******

Profit or Loss

*******

-1555.98%

*******

Net Worth

*******

-931.63%

*******

EBITDA

*******

-7455.64%

*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Innobits Solutions?

In 2023, Innobits Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

Upgrade Required

Full access to Ownership and Shareholding Structure is available only for users with an active Premium plan.

Reveal ownership structures and financial performance - Get instant access now!

How Many Employees Work at Innobits Solutions?

Innobits Solutions has a workforce of 21 employees as of Mar 27, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

Upgrade Required

Full access to People is available only for users with an active Premium plan.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Innobits Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Innobits Solutions's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Innobits Solutions

Recent Activity within the Organization

Annual General Meeting

Innobits Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.
30 Sep 2025
Balance Sheet

Progress on Innobits Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.
31 Mar 2025
Director Appointment

Mahesh Nagaraju was appointed as a Additional Director was appointed as a Additional Director on 03 Feb 2024 & has been associated with this company since 2 years 1 month . was recorded as a recent event.
03 Feb 2024
Director Appointment

Anuradha Gopalakrishna Bhat was appointed as a Additional Director was appointed as a Additional Director on 03 Feb 2024 & has been associated with this company since 2 years 1 month . was recorded as a recent event.
03 Feb 2024
Company Incorporation

Progress on Innobits Solutions Private Limited was registered on 16 Nov 2020 with Roc Bangalore & aged 5 years 3 months as per MCA records. was documented.
16 Nov 2020

Explore recent activity and updates - View Recent Activity