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Innorenovate Solutions Private Limited - business outsourcing in Ghaziabad, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.02 Cr
▼ 27% YoY
Net profit · FY 2024
₹7.49 Lakh
Net margin 7.4%
EBITDA · FY 2024
₹8.1 Lakh
EBITDA margin 7.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Innorenovate Solutions Private Limited
Data last updated:
Innorenovate Solutions Private Limited is a private limited company based in Ghaziabad, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 10 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U74999UP2017PTC095857. Its GSTIN is 09AAECI5935P1ZV (Uttar Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Parth Pande and Nitin Pande.
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 119/1/4 Block Vasto Mahagun Mansion Ph – 2 Indirapuram Vaibhav Khand, Ghaziabad, Uttar Pradesh, India – 201030.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.02 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹7.49 Lakh (net margin 7.4%) and EBITDA of ₹8.1 Lakh (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 69% over five years.
The company is associated with 1 brand: InnoRennoVate.
Innorenovate Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-29-0013707). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innorenovate.com.
Company details
CIN U74999UP2017PTC095857
Registration Number 095857
Incorporation Date 10 August 2017
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-UP-29-0013707
Recognitions & Rankings of Innorenovate Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UP-29-0013707
Contact details
Innorenovate Solutions Private Limited's registered office is in Ghaziabad, Uttar Pradesh. Its website is innorenovate.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address119/1/4 Block Vasto Mahagun Mansion Ph – 2 Indirapuram Vaibhav Khand, Ghaziabad, Uttar Pradesh, India – 201030
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Innorenovate Solutions Private Limited, buy the company report.
Comprehensive company report
Innorenovate Solutions 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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Brands
Innorenovate Solutions operates one associated brand: InnoRennoVate. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers HR advisory, consulting, talent acquisition, and training services to businesses. | innorenovate.com |
Business activity
The main business activity of Innorenovate Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Innorenovate Solutions Private Limited, buy the company report.
Financials of Innorenovate Solutions Private Limited
FY 2025 filings availableInnorenovate Solutions Private Limited reported revenue of ₹1.02 Cr (down 27% YoY) for FY 2024.
Revenue · FY 2024
₹1.02 Cr ▼ 27%
Net profit · FY 2024
₹7.49 Lakh margin 7.4%
EBITDA · FY 2024
₹8.1 Lakh margin 7.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▲ 61%
5 years · compounded
▲ 69%
EBITDA CAGR growth
1 year
▼ 71%
3 years · compounded
▲ 33%
5 years · compounded
▲ 27%
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 69%. EBITDA fell 71% 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 |
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| Total Expenses | |||||
| EBITDA | ₹8.1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.49 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | ||||
| Net Profit Margin | 7.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Innorenovate Solutions Private Limited, buy the company report.
Board of directors of Innorenovate Solutions Private Limited
Innorenovate Solutions has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parth Pande | Director | 10 Aug 2017 | 9 Years 2 Months | Current |
| Nitin Pande | Director | 10 Aug 2017 | 9 Years 2 Months | Current |
| Lipika Pande | Director | 19 Jun 2024 | 2 Years 4 Months | Current |
Auditor
Innorenovate Solutions Private Limited is audited by G V A P & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G V A P & ASSOCIATES | FY 2020 | 009009C |
Shareholding
The shareholding of Innorenovate Solutions Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Innorenovate Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innorenovate 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 Innorenovate Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innorenovate Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAECI5935P1ZV | Uttar Pradesh | Active | 02 Jun 2018 |
To see the full GST registrations and return filing status of Innorenovate Solutions Private Limited, buy the company report.
Recent activity
Innorenovate Solutions Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Lipika Pande was appointed as Director on 19 Jun 2024.
AGM
Innorenovate Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innorenovate Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh Ii.
Appointed
Lipika Pande was appointed as Director.
Appointed
Nitin Pande was appointed as Director.
Appointed
Parth Pande was appointed as Director.
Incorporation
10 Aug 2017
Innorenovate Solutions Private Limited was registered on 10 Aug 2017 with Roc Uttar Pradesh Ii & aged 9 years 2 months as per MCA records.
Frequently asked questions
Innorenovate Solutions is an active private limited company based in Ghaziabad, Uttar Pradesh, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 10 August 2017 (9+ years old) and is registered under CIN U74999UP2017PTC095857.
Innorenovate Solutions has 3 current directors:
- Parth Pande - Director
- Nitin Pande - Director
- Lipika Pande - Director
The latest financial statements of Innorenovate Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Innorenovate Solutions is 09AAECI5935P1ZV, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Innorenovate Solutions is U74999UP2017PTC095857. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innorenovate Solutions was incorporated on 10 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Lipika Pande was appointed as Director on 19 Jun 2024. Nitin Pande was appointed as Director on 10 Aug 2017. Parth Pande was appointed as Director on 10 Aug 2017.
Yes, Innorenovate Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Innorenovate Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-29-0013707).
Innorenovate Solutions can be reached through the website innorenovate.com. Its registered office is in Ghaziabad, Uttar Pradesh, India.
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