
About Innoctive Technologies Private Limited
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Innoctive Technologies Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 17 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2017PTC171480. Its GSTIN is 27AAECI5672H1ZC (Maharashtra).
The company has an authorised share capital of ₹9 Lakh and a paid-up capital of ₹4.82 Lakh. It is led by directors including Deepesh Kuruppath and Raju Salve.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S. No. 232/1 Wing No. A1 Lalwani Vastu Sakore Ngr., Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.74 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹2.34 Cr (net margin -49.4%) and EBITDA of -₹2.45 Cr (EBITDA margin -51.8%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 89% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: CargoFL and Innoctive Technologies. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.75 Cr; the latest was in January 2025. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 5 overdue payments to 1 micro and small supplier.
Innoctive Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0391003). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innoctive.com.
Company details
Recognitions & Rankings of Innoctive Technologies
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0391003
Contact details
Innoctive Technologies Private Limited's registered office is in Pune, Maharashtra. Its website is innoctive.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS. No. 232/1 Wing No. A1 Lalwani Vastu Sakore Ngr., Pune, Maharashtra, India – 411014
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Innoctive Technologies 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
Brands
Innoctive Technologies operates two associated brands: CargoFL and Innoctive Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| CargoFL is recognized for AI-powered logistics and transportation software. | cargofl.ai | |
| Innoctive Technologies is engaged in developing innovative technology solutions. | innoctive.com |
Business activity
The main business activity of Innoctive Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Innoctive Technologies Private Limited, buy the company report.
Financials of Innoctive Technologies Private Limited
FY 2025 filings availableInnoctive Technologies Private Limited reported revenue of ₹4.74 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 89% over five years, including 4% growth 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹2.45 Cr | ||||
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| Net Profit (PAT) | -₹2.34 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -51.8% | ||||
| Net Profit Margin | -49.4% | ||||
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To see the full financial statements and ratios of Innoctive Technologies Private Limited, buy the company report.
Board of directors of Innoctive Technologies Private Limited
Innoctive Technologies has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girish Shivani Also directs: CL Educate Limited, Cron Systems Private Limited, Phoenix Robotix Private Limited and 5 more | Nominee Director | 16 Jun 2025 | 1 Years 4 Months | Current |
| Deepesh Kuruppath | Director | 17 Jul 2017 | 9 Years 3 Months | Current |
| Raju Salve | Director | 17 Jul 2017 | 9 Years 3 Months | Current |
| Vidyadhar Shinde | Director | 17 Jul 2017 | 9 Years 3 Months | Current |
Auditor
Innoctive Technologies Private Limited is audited by S A N N & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S A N N & Co. | FY 2023 | 144916W |
Shareholding
The shareholding of Innoctive Technologies Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Innoctive Technologies Private Limited, buy the company report.
Deals & funding
Innoctive Technologies Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.75 Cr; the latest was in January 2025.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2025 | Funding round · Seed | ₹6.75 Cr | Investors: YourNest Venture Capital, Peaceful Progress, Real Time Accelerator Fund |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Oct 2020 | Funding round | ₹99.8 Lakh | Investors: Hindustan Petroleum Corporation Limited |
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Innoctive Technologies 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
Innoctive Technologies Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 5 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| DNX Cargo India Private Limited |
To see the full MSME payment records of Innoctive Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Innoctive Technologies Private Limited has a workforce of 46 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Innoctive Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECI5672H1ZC | Maharashtra | Active | 03 Nov 2017 |
To see the full GST registrations and return filing status of Innoctive Technologies Private Limited, buy the company report.
Recent activity
Innoctive Technologies Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Girish Shivani was appointed as Nominee Director on 16 Jun 2025.
Frequently asked questions
Innoctive Technologies is an active 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 17 July 2017 (9+ years old) and is registered under CIN U72900PN2017PTC171480.
Innoctive Technologies has 4 current directors:
- Girish Shivani - Nominee Director
- Deepesh Kuruppath - Director
- Raju Salve - Director
- Vidyadhar Shinde - Director
The latest financial statements of Innoctive Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Innoctive Technologies is 27AAECI5672H1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Innoctive Technologies is U72900PN2017PTC171480. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innoctive Technologies was incorporated on 17 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
Innoctive Technologies has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.75 Cr; the latest was in January 2025.
Girish Shivani was appointed as Nominee Director on 16 Jun 2025. Deepesh Kuruppath was appointed as Director on 17 Jul 2017. Raju Salve was appointed as Director on 17 Jul 2017. Innoctive Technologies has 4 board changes on record in total.
Yes, Innoctive Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Innoctive Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0391003).
Innoctive Technologies has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 5 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Apr 2024.