About Innospacer Engineering Technologies Private Limited
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Innospacer Engineering Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 31 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31409KA2008PTC045832. Its GSTIN is 29AABCI8591E1Z9 (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Shrinath Udhyavar Bhandary (Managing Director) and Sumana Bhandary (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.43 Cr, a growth of 71% compared to the previous year. For the same year it recorded a net profit of ₹15.14 Lakh (net margin 1.5%) and EBITDA of ₹53.18 Lakh (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 15% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Innospacer Engineering. As per MCA filings, the company has open charges of ₹1.4 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innospacer.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo. 26 Bhyraveshwara Indistrial Estate Andrahalli Main Road Hegganahalli Peenya, 2nd Stage, Bangalore, Karnataka, India – 560091
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Innospacer Engineering Technologies Private Limited
The main business activity of Innospacer Engineering Technologies is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Innospacer Engineering Technologies Private Limited FY 2024 filings available
Innospacer Engineering Technologies Private Limited reported revenue of ₹10.43 Cr (up 71% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Innospacer Engineering Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 71% growth in the latest year. EBITDA rose 26% 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 Innospacer Engineering Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹53.18 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹15.14 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 | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Innospacer Engineering Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 Innospacer Engineering Technologies are in the company report.
Financial statements from 2015
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 Innospacer Engineering Technologies Private Limited
Innospacer Engineering Technologies Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Daack Vessels Private Limited | ₹10.47 Cr (FY 2024) | •••• | •••• | 402.0% | •••• | Bangalore, Karnataka, India |
| Jyoti Polyvinyl Limited | ₹10.45 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Vadodara, Gujarat, India |
| 3Ps Engineers Private Limited | ₹10.45 Cr (FY 2025) | •••• | •••• | 208.0% | •••• | Pune, Maharashtra, India |
| Rao Engineering India Private Limited | ₹10.44 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Thane, Maharashtra, India |
| Span Filtration Systems Private Limited | ₹10.44 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Pune, Maharashtra, India |
| Innospacer Engineering Technologies Private Limited this company | ₹10.43 Cr (FY 2024) | •••• | •••• | 71.0% | •••• | Bangalore, Karnataka, India |
| Mono-Tech Engineers Private Limited | ₹10.42 Cr (FY 2024) | •••• | •••• | 43.0% | •••• | Delhi, India |
| Ecoman Enviro Solutions Private Limited | ₹10.42 Cr (FY 2022) | •••• | •••• | 327.0% | •••• | Pune, Maharashtra, India |
| Nikhtish Filtration and Protection Private Limited | ₹10.42 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Pune, Maharashtra, India |
| Xpand Digital Private Limited | ₹10.4 Cr (FY 2024) | •••• | •••• | -37.0% | •••• | Mumbai, Maharashtra, India |
| Predictive & Proactive Technologies Private Limited | ₹10.38 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Vadodara, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Innospacer Engineering Technologies by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Innospacer Engineering Technologies Private Limited
Innospacer Engineering Technologies Private Limited is audited by DSKP & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DSKP & CO | 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 Innospacer Engineering Technologies Private Limited
Innospacer Engineering Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumana Bhandary | Whole-Time Director | 31 Mar 2008 | 18 Years 6 Months | Current |
| Shrinath Udhyavar Bhandary | Managing Director | 31 Mar 2008 | 18 Years 6 Months | Current |
Ownership and Shareholding of Innospacer Engineering Technologies 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 Innospacer Engineering Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jun 2023 | Axis Bank Limited | ₹22.97 Lakh | Open |
| 08 Aug 2008 | Others | ₹1.17 Cr | Open |
Total charge records: 2 View all charges
MSME Payment Delays by Innospacer Engineering Technologies Private Limited
Innospacer Engineering Technologies Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 6 overdue payments to 3 micro and small suppliers. 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| VCM Technologies | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Strongbond Industrial Products Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Innospacer Engineering Technologies Private Limited
Innospacer Engineering Technologies operates one associated brand: Innospacer Engineering. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of storage systems, racking, and cable trays in Bangalore. | innospacer.com |
Employees and EPFO Compliance at Innospacer Engineering Technologies Private Limited
Innospacer Engineering Technologies Private Limited has a workforce of 27 employees as of Apr 06, 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 Innospacer Engineering Technologies Private Limited
Innospacer Engineering Technologies Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Shrinath Udhyavar Bhandary ceased to be Director on 02 Apr 2008.
Credit Ratings, Litigation & Regulatory Alerts for Innospacer Engineering Technologies 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.
Subsidiaries & Group Companies of Innospacer Engineering Technologies 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 Innospacer Engineering Technologies Private Limited
Innospacer Engineering Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCI8591E1Z9 | Karnataka | Active | 01 Jul 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 Innospacer Engineering Technologies 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 Innospacer Engineering Technologies Private Limited
Innospacer Engineering Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 31 March 2008 (18+ years old) and is registered under CIN U31409KA2008PTC045832.
Innospacer Engineering Technologies reported revenue of ₹10.43 Cr for FY 2024 (up 71% YoY).
Innospacer Engineering Technologies has 2 current directors:
- Shrinath Udhyavar Bhandary - Managing Director
- Sumana Bhandary - Whole-Time Director
Innospacer Engineering Technologies reported a net profit of ₹15.14 Lakh (net margin 1.5%) and EBITDA of ₹53.18 Lakh (EBITDA margin 5.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Innospacer Engineering Technologies is 53% over three years and 15% over five years. In the latest year (FY 2024) revenue rose 71%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Innospacer Engineering Technologies is 29AABCI8591E1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Innospacer Engineering Technologies is U31409KA2008PTC045832. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innospacer Engineering Technologies was incorporated on 31 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Innospacer Engineering Technologies by revenue are Daack Vessels Private Limited, Jyoti Polyvinyl Limited, 3Ps Engineers Private Limited, Rao Engineering India Private Limited, Span Filtration Systems Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Shrinath Udhyavar Bhandary ceased to be Director on 02 Apr 2008. Sumana Bhandary ceased to be Director on 02 Apr 2008. Shrinath Udhyavar Bhandary was appointed as Managing Director on 31 Mar 2008. Innospacer Engineering Technologies has 4 board changes on record in total.
Innospacer Engineering Technologies has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 6 overdue payments to 3 micro and small suppliers. The latest return was filed on 30 Oct 2019.
Innospacer Engineering Technologies can be reached through the website innospacer.com. Its registered office is in Bangalore, Karnataka, India.