About Innodeed Systems Private Limited
Data last updated:
Innodeed Systems Private Limited is a private limited company based in Bhilai, Chhattisgarh, 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 09 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U72900CT2016PTC007463. Its GSTIN is 22AAECI2381R1Z9 (Chattisgarh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Parul Kanda and Praveen Sushil Kanda.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mig – 6 Ward No.10 Vaishali Nagar Supela, Bhilai, Chhattisgarh, India – 490023.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.65 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.31 Cr (net margin 16.9%) and EBITDA of ₹3.29 Cr (EBITDA margin 24.1%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 27% over five years.
The company has about 73 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Aifise and Innodeed.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innodeed.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
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- Registered AddressMig – 6 Ward No.10 Vaishali Nagar Supela, Bhilai, Chhattisgarh, India – 490023
- IndustryInformation Technology, Application Development & Software Solutions
- 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 of Innodeed Systems Private Limited
The main business activity of Innodeed Systems is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Innodeed Systems Private Limited FY 2025 filings available
Innodeed Systems Private Limited reported revenue of ₹13.65 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Innodeed Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 1% growth in the latest year. EBITDA rose 12% 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 of Innodeed Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹3.29 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.31 Cr | •••• | •••• | •••• | •••• |
| 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 of Innodeed Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 16.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Innodeed Systems are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Innodeed Systems Private Limited
Innodeed Systems Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Manjeera Media House Private Limited | ₹13.77 Cr (FY 2025) | •••• | •••• | -41.0% | •••• | Hyderabad, Telangana, India |
| Vivait India Technology Solutions Private Limited | ₹13.76 Cr (FY 2024) | •••• | •••• | 15051.0% | •••• | Chennai, Tamil Nadu, India |
| Tecxpert Software Private Limited | ₹13.74 Cr (FY 2024) | •••• | •••• | 169.0% | •••• | Delhi, India |
| Us Services Group Private Limited | ₹13.67 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Bangalore, Karnataka, India |
| Ibrow Technology Private Limited | ₹13.65 Cr (FY 2025) | •••• | •••• | 4287.0% | •••• | Chennai, Tamil Nadu, India |
| Innodeed Systems Private Limited this company | ₹13.65 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Bhilai, Chhattisgarh, India |
| Idmworks IT Solutions Global Private Limited | ₹13.65 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Pune, Maharashtra, India |
| Devansys Techsol Private Limited | ₹13.61 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | Valasaravakkam, Tamil Nadu, India |
| Phoenix Advanced Softwares Private Limited | ₹13.6 Cr (FY 2025) | •••• | •••• | -54.0% | •••• | Jaipur, Rajasthan, India |
| Kartsoft Technologies Private Limited | ₹13.57 Cr (FY 2022) | •••• | •••• | 188.0% | •••• | Kolkata, West Bengal, India |
| I Cube Technologies & Services Private Limited | ₹13.56 Cr (FY 2023) | •••• | •••• | 99.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Innodeed Systems 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. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Innodeed Systems Private Limited
Innodeed Systems Private Limited is audited by BEGANI AND BEGANI for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BEGANI AND BEGANI | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Innodeed Systems Private Limited
Innodeed Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parul Kanda Also directs: Aifise Systems Private Limited | Director | 09 Aug 2016 | 10 Years 2 Months | Current |
| Praveen Sushil Kanda Also directs: Aifise Systems Private Limited | Director | 09 Aug 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of Innodeed Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Innodeed Systems Private Limited
Innodeed Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Innodeed Systems Private Limited
Innodeed Systems operates two associated brands: AIFISE and Innodeed. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI platform for customer onboarding, KYC, and fraud prevention services. | aifise.com | |
| Offers web app development, mobile apps, AI solutions, and digital marketing services. | innodeed.com |
Employees and EPFO Compliance at Innodeed Systems Private Limited
Innodeed Systems Private Limited has a workforce of 73 employees as of Mar 23, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Innodeed Systems Private Limited
Innodeed Systems Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Parul Kanda was appointed as Director on 09 Aug 2016.
Credit Ratings, Litigation & Regulatory Alerts for Innodeed Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Innodeed Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Innodeed Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Innodeed Systems Private Limited
Innodeed Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAECI2381R1Z9 | Chattisgarh | Active | 13 Sep 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Innodeed Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Innodeed Systems Private Limited
Innodeed Systems is an active private limited company based in Bhilai, Chhattisgarh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 09 August 2016 (10+ years old) and is registered under CIN U72900CT2016PTC007463.
Innodeed Systems reported revenue of ₹13.65 Cr for FY 2025 (up 1% YoY).
Innodeed Systems has 2 current directors:
- Parul Kanda - Director
- Praveen Sushil Kanda - Director
Innodeed Systems reported a net profit of ₹2.31 Cr (net margin 16.9%) and EBITDA of ₹3.29 Cr (EBITDA margin 24.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Innodeed Systems is 11% over three years and 27% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Innodeed Systems is 22AAECI2381R1Z9, registered in Chattisgarh.
The CIN (Corporate Identification Number) of Innodeed Systems is U72900CT2016PTC007463. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innodeed Systems was incorporated on 09 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Innodeed Systems by revenue are Manjeera Media House Private Limited, Vivait India Technology Solutions Private Limited, Tecxpert Software Private Limited, Us Services Group Private Limited, Ibrow Technology Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Parul Kanda was appointed as Director on 09 Aug 2016. Praveen Sushil Kanda was appointed as Director on 09 Aug 2016.
Yes, Innodeed Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).