MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-11-0001515
Innoforge Private Limited - engineering in Hosur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹52.34 Cr
▲ 15% YoY
Net profit · FY 2025
₹50.68 Lakh
Net margin 1%
EBITDA · FY 2025
₹2.2 Cr
EBITDA margin 4.2%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹1.25 Cr
Issued & subscribed
Open charges
₹27.84 Cr
Satisfied ₹3.82 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
73
Provident fund records
About Innoforge Private Limited
Data last updated:
Innoforge Private Limited is a private limited company based in Hosur, Tamil Nadu, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 02 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U27200TZ2007PTC013873. Its GSTIN is 33AABCI7201F1Z5 (Tamil Nadu).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors including Ajit Kumar Rajavelu (Whole-Time Director) and Manickavasagam Rajavelu.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B2/2 SIDCO Industrial Estate Phase – I, Hosur, Tamil Nadu, India – 635126.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.34 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹50.68 Lakh (net margin 1%) and EBITDA of ₹2.2 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 18% over five years.
The company has about 73 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹27.84 Cr and satisfied charges of ₹3.82 Cr on record. The company has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹27 Lakh; the latest was in March 2019. Its 7 peer companies in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 3 smaller; the largest is Surya Electricals & Engineers Private Limited with revenue of ₹52.55 Cr.
Innoforge Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-11-0001515). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innoforge.net.
Company details
CIN U27200TZ2007PTC013873
Registration Number 013873
Incorporation Date 02 August 2007
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-11-0001515
Key People
Ajit Kumar Rajavelu Whole-Time Director Manickavasagam Rajavelu Director Krishnan Subramaniam Director Recognitions & Rankings of Innoforge
Contact details
Innoforge Private Limited's registered office is in Hosur, Tamil Nadu. Its website is innoforge.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB2/2 SIDCO Industrial Estate Phase – I, Hosur, Tamil Nadu, India – 635126
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Innoforge Private Limited, buy the company report.
Comprehensive company report
Innoforge Private Limited - one report that includes everything
- 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
The main business activity of Innoforge is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Innoforge Private Limited, buy the company report.
Financials of Innoforge Private Limited
FY 2024 filings availableInnoforge Private Limited reported revenue of ₹52.34 Cr (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹52.34 Cr ▲ 15%
Net profit · FY 2025
₹50.68 Lakh margin 1%
EBITDA · FY 2025
₹2.2 Cr margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 18%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 21%
5 years · compounded
▲ 13%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 15% growth in the latest year. EBITDA rose 13% 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 |
|---|---|---|---|---|---|
| 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 | ₹2.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹50.68 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 | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Innoforge Private Limited, buy the company report.
Board of directors of Innoforge Private Limited
Innoforge has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manickavasagam Rajavelu | Director | 02 Aug 2007 | 19 Years 3 Months | Current |
| Ajit Kumar Rajavelu | Whole-Time Director | 22 Jan 2025 | 1 Years 9 Months | Current |
| Krishnan Subramaniam Also directs: Mahalakshmi Plastics Engineering Private Limited | Director | 02 Aug 2007 | 19 Years 3 Months | Current |
Peer comparison
Innoforge Private Limited is compared with the 7 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Surya Electricals & Engineers Private Limited | ₹52.55 Cr (FY 2025) | 45.0% | Howrah, West Bengal, India | |||
| Mackeil Ispat & Forging Limited | ₹52.45 Cr (FY 2025) | -33.0% | Kolkata, West Bengal, India | |||
| Dee Fabricom India Private Limited | ₹52.43 Cr (FY 2025) | 36.0% | Faridabad, Haryana, India | |||
| Sarvam Dhatu Private Limited | ₹52.43 Cr (FY 2024) | Nagpur, Maharashtra, India | ||||
| Innoforge Private Limitedthis company | ₹52.34 Cr (FY 2025) | ₹50.68 Lakh | 1% | 15.0% | 73 | Hosur, Tamil Nadu, India |
| Utkal Engineers Pvt Ltd | ₹52.01 Cr (FY 2025) | 81.0% | Rourkela, Odisha, India | |||
| Infinite Fusion Works Private Limited | ₹51.72 Cr (FY 2025) | 154.0% | Jaipur, Rajasthan, India | |||
| Ugi Engineering Works Private Limited | ₹51.58 Cr (FY 2024) | -38.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Innoforge Private Limited, buy the company report.
Auditor
Innoforge Private Limited is audited by MSMD & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSMD & ASSOCIATES | FY 2023 | 015423S |
Shareholding
The shareholding of Innoforge 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Innoforge Private Limited, buy the company report.
Charges & borrowings
Open charges
₹27.84 Cr
Satisfied charges
₹3.82 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2025 | 101084763 | Indian Overseas Bank | ₹7.9 Cr | Open | |
| 20 Mar 2025 | 101065149 | Sidbi | ₹70 Lakh | Open | |
| 29 Nov 2024 | 101036049 | Indian Overseas Bank | ₹13.3 Lakh | Open | |
| 22 Jun 2024 | 100939727 | Indian Overseas Bank | ₹34.85 Lakh | Open | |
| 27 Mar 2023 | 100690648 | Sidbi | ₹60 Lakh | Open |
To see the full charge records of Innoforge Private Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
Innoforge Private Limited has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹27 Lakh; the latest was in March 2019.
Total deals
5
Rights issues
2
Secondary share transfers
2
Funding round
1
Disclosed funding
₹27 Lakh
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Rights issue | ₹26.3 Lakh | Investors: 2 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Oct 2014 | Rights issue | ₹61.7 Lakh | Investors: 3 individuals |
| Sep 2010 | Funding round | ₹27 Lakh | Investors: 3 individuals |
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 Innoforge 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 Innoforge Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innoforge Private Limited has a workforce of 73 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
73
Active EPFO establishments
1
Employee growth
2.8%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 73 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Innoforge Private Limited, buy the company report.
GST
Innoforge has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCI7201F1Z5 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Innoforge Private Limited, buy the company report.
Recent activity
Innoforge Private Limited has 5 board changes on record since 2007: 3 appointments and 2 cessations. The latest: Krishnan Subramaniam ceased to be Director on 28 Sep 2025.
Ceased
Krishnan Subramaniam ceased to be Director.
Charges
A charge with Indian Overseas Bank amounted to Rs. 7.90 Cr with Charge ID 101084763 was registered on 29 Mar 2025.
Charges
A charge with Sidbi amounted to Rs. 0.70 Cr with Charge ID 101065149 was registered on 20 Mar 2025.
Appointed
Ajit Kumar Rajavelu was appointed as Whole-Time Director.
Charges
A charge with Indian Overseas Bank of Rs. 6.82 Cr registered on 04 Jan 2023 with Charge ID 100683051 was modified on 27 Dec 2024.
Charges
A charge with Indian Overseas Bank amounted to Rs. 0.13 Cr with Charge ID 101036049 was registered on 29 Nov 2024.
AGM
Innoforge Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
Charges
A charge with Indian Overseas Bank amounted to Rs. 0.35 Cr with Charge ID 100939727 was registered on 22 Jun 2024.
Filing
Innoforge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with Indian Overseas Bank of Rs. 3.00 Cr registered on 07 Jan 2023 with Charge ID 100683047 was modified on 26 Jun 2023.
Charges
A charge with Sidbi amounted to Rs. 0.60 Cr with Charge ID 100690648 was registered on 27 Mar 2023.
Charges
A charge with Indian Overseas Bank amounted to Rs. 3.00 Cr with Charge ID 100683047 was registered on 07 Jan 2023.
24 earlier events are in the company report.
Frequently asked questions
Innoforge is an active private limited company based in Hosur, Tamil Nadu, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 02 August 2007 (19+ years old) and is registered under CIN U27200TZ2007PTC013873.
Innoforge has 3 current directors:
- Ajit Kumar Rajavelu - Whole-Time Director
- Manickavasagam Rajavelu - Director
- Krishnan Subramaniam - Director
The latest financial statements of Innoforge on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Innoforge is 33AABCI7201F1Z5, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Innoforge is U27200TZ2007PTC013873. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innoforge was incorporated on 02 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Coimbatore.
Innoforge has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹27 Lakh; the latest was in March 2019.
The peers of Innoforge by revenue are Surya Electricals & Engineers Private Limited, Mackeil Ispat & Forging Limited, Dee Fabricom India Private Limited, Sarvam Dhatu Private Limited, Utkal Engineers Pvt Ltd and 2 more, all in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products).
Krishnan Subramaniam ceased to be Director on 28 Sep 2025. Ajit Kumar Rajavelu was appointed as Whole-Time Director on 22 Jan 2025. Sampathkumar Srinivasan ceased to be Director on 16 Oct 2015. Innoforge has 5 board changes on record in total.
Yes, Innoforge is registered as a small enterprise under Udyam registration (number: UDYAM-TN-11-0001515).
Innoforge can be reached through the website innoforge.net. Its registered office is in Hosur, Tamil Nadu, India.
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