MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0049422
Innova Diesel Generators Private Limited - energy and power in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.74 Cr
▲ 22% YoY
Net profit · FY 2024
₹35.22 Lakh
Net margin 7.4%
EBITDA · FY 2024
₹20.34 Lakh
EBITDA margin 4.3%
Authorised capital
₹1.05 Cr
Registered with MCA
Paid-up capital
₹1.05 Cr
Issued & subscribed
Open charges
₹16.37 Cr
Satisfied ₹9.07 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
7
Provident fund records
About Innova Diesel Generators Private Limited
Data last updated:
Innova Diesel Generators Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 20 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40109KA2005PTC037274. Its GSTIN is 29AABCI4137Q1Z2 (Karnataka).
The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1.05 Cr. It is led by directors including Prashanth Kumar Shetty and Anilgowda Shekargouda Buddanagoudar.
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 #163 12th Cross Mahalakshmi Layout, Bangalore, Karnataka, India – 560086.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.74 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹35.22 Lakh (net margin 7.4%) and EBITDA of ₹20.34 Lakh (EBITDA margin 4.3%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 6% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: InnovaDiesel. As per MCA filings, the company has open charges of ₹16.37 Cr and satisfied charges of ₹9.07 Cr on record. Court records list 16 cases involving the company, including 5 filed by the company and 11 filed against it; 2 cases are pending.
Innova Diesel Generators Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0049422). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovadiesel.co.in.
Company details
CIN U40109KA2005PTC037274
Registration Number 037274
Incorporation Date 20 September 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0049422
CIN history
Innova Diesel Generators has one previous CIN (Corporate Identification Number): U29222KA2005PTC037274. The current CIN is U40109KA2005PTC037274, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40109KA2005PTC037274 | Current |
| U29222KA2005PTC037274 | Previous |
Key People
Prashanth Kumar Shetty Director Anilgowda Shekargouda Buddanagoudar Director Rashmi Prashanth Shetty Director Recognitions & Rankings of Innova Diesel Generators
Contact details
Innova Diesel Generators Private Limited's registered office is in Bangalore, Karnataka. Its website is innovadiesel.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#163 12th Cross Mahalakshmi Layout, Bangalore, Karnataka, India – 560086
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Innova Diesel Generators Private Limited, buy the company report.
Comprehensive company report
Innova Diesel Generators 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
Innova Diesel Generators operates one associated brand: InnovaDiesel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and servicing of diesel generator sets in India. | innovadiesel.co.in |
Business activity
The main business activity of Innova Diesel Generators is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Innova Diesel Generators Private Limited, buy the company report.
Financials of Innova Diesel Generators Private Limited
FY 2024 filings availableInnova Diesel Generators Private Limited reported revenue of ₹4.74 Cr (up 22% YoY) for FY 2024.
Revenue · FY 2024
₹4.74 Cr ▲ 22%
Net profit · FY 2024
₹35.22 Lakh margin 7.4%
EBITDA · FY 2024
₹20.34 Lakh margin 4.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 14%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 29%
5 years · compounded
▲ 6%
Revenue rose 22% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 29% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹20.34 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹35.22 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 4.3% | ||||
| Net Profit Margin | 7.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Innova Diesel Generators Private Limited, buy the company report.
Board of directors of Innova Diesel Generators Private Limited
Innova Diesel Generators has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashanth Kumar Shetty Also directs: Daivik Impex Ventures Private Limited | Director | 20 Sep 2005 | 21 Years 1 Months | Current |
| Anilgowda Shekargouda Buddanagoudar | Director | 19 Oct 2020 | 6 Years 0 Months | Current |
| Rashmi Prashanth Shetty Also directs: Daivik Impex Ventures Private Limited | Director | 20 Sep 2005 | 21 Years 1 Months | Current |
Peer comparison
Innova Diesel Generators Private Limited is compared with the 3 companies closest to it by revenue in the Power industry (Generators, Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MGP Engineering Private Limited | ₹4.77 Cr (FY 2025) | -17.0% | Karjat, Maharashtra, India | |||
| Mega Technobiz Consultants Private Limited | ₹4.74 Cr (FY 2024) | -8.0% | New Delhi, Delhi, India | |||
| Innova Diesel Generators Private Limitedthis company | ₹4.74 Cr (FY 2024) | ₹35.22 Lakh | 7.4% | 22.0% | 7 | Bangalore, Karnataka, India |
| Beebee Electricals & Electronics Private Limited | ₹4.74 Cr (FY 2025) | 1.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Innova Diesel Generators Private Limited, buy the company report.
Auditor
Innova Diesel Generators Private Limited is audited by Vishnu Daya & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vishnu Daya & Co LLP | FY 2023 | 008456S/S200092 |
Shareholding
The shareholding of Innova Diesel Generators 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 Innova Diesel Generators Private Limited, buy the company report.
Charges & borrowings
Open charges
₹16.37 Cr
Satisfied charges
₹9.07 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2012 | 10365632 | Axis Bank Limited | ₹14.66 Cr | Open | |
| 22 Mar 2010 | 10214647 | The Federal Bank Limited. | ₹18 Lakh | Open | |
| 12 Jul 2007 | 10071307 | Centurion Bank of Punjab Limited | ₹1.5 Cr | Open | |
| 27 Feb 2007 | 10040399 | The Federal Bank Limited | ₹3 Lakh | Open | |
| 25 Nov 2009 | 10197372 | Idbi Bank Limited | ₹6.62 Cr | Satisfied |
To see the full charge records of Innova Diesel Generators Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Innova Diesel Generators Private Limited has 16 court cases on record: 5 filed by Innova Diesel Generators, 11 filed against it. 2 cases are pending and 14 are disposed.
Total cases
16
Filed by the company
5
Filed against the company
11
Pending
2
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 6 | 1 |
| High courts | 6 | 4 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Writ petition | Filed by the company against Exide Industries Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Exide Industries Limited | Disposed |
| Supreme Court | Court case (0104-Labour Matters : Matters relating to wages, bonus, ad-hoc, casual daily wages & their regularisation) | Filed against the company by Press Tools and Elements Private Limited Rep by. Mr.Tallam Venkatesh Managing Director No. 93/8, Subhadra South End Road , District: Bangalore ,Bangalore , Karnataka and 6 others | Disposed |
| District court, Faridabad, Haryana | Court case (C S) | Filed against the company by M/S Maharani Innovative Paints Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (ID) | Filed by the company against M/S. Green Dye Chem Pvt. Ltd. and 2 others | Disposed |
To see the full case history of Innova Diesel Generators Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Innova Diesel Generators Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innova Diesel Generators Private Limited has a workforce of 7 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
Employee growth
250%
GST
Innova Diesel Generators has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCI4137Q1Z2 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Innova Diesel Generators Private Limited, buy the company report.
Recent activity
Innova Diesel Generators Private Limited has 4 board changes on record since 2005: 3 appointments and 1 cessation. The latest: Anilgowda Shekargouda Buddanagoudar ceased to be Additional Director on 30 Nov 2021.
AGM
Innova Diesel Generators Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Innova Diesel Generators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Anilgowda Shekargouda Buddanagoudar ceased to be Additional Director.
Appointed
Anilgowda Shekargouda Buddanagoudar was appointed as Director.
Charges
A charge with Axis Bank Limited of Rs. 14.66 Cr registered on 31 May 2012 with Charge ID 10365632 was modified on 27 Jan 2016.
Charges
A charge registered on 25 Nov 2009 via Charge ID 10197372 with Idbi Bank Limited was fully satisfied on 11 Aug 2012.
Charges
A charge registered on 12 Jul 2007 via Charge ID 10064569 with Centurion Bank Of Punjab Limited was fully satisfied on 09 Jun 2012.
Charges
A charge with Axis Bank Limited amounted to Rs. 14.66 Cr with Charge ID 10365632 was registered on 31 May 2012.
Charges
A charge with The Federal Bank Limited. amounted to Rs. 0.18 Cr with Charge ID 10214647 was registered on 22 Mar 2010.
Charges
A charge with Idbi Bank Limited of Rs. 6.62 Cr registered on 25 Nov 2009 with Charge ID 10197372 was modified on 19 Jan 2010.
Charges
A charge with Idbi Bank Limited amounted to Rs. 6.62 Cr with Charge ID 10197372 was registered on 25 Nov 2009.
Charges
A charge with Centurion Bank Of Punjab Limited of Rs. 2.45 Cr registered on 12 Jul 2007 with Charge ID 10064569 was modified on 17 May 2008.
6 earlier events are in the company report.
Frequently asked questions
Innova Diesel Generators is an active private limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 20 September 2005 (21+ years old) and is registered under CIN U40109KA2005PTC037274.
Innova Diesel Generators has 3 current directors:
- Prashanth Kumar Shetty - Director
- Anilgowda Shekargouda Buddanagoudar - Director
- Rashmi Prashanth Shetty - Director
The latest financial statements of Innova Diesel Generators on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Innova Diesel Generators is 29AABCI4137Q1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Innova Diesel Generators is U40109KA2005PTC037274. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innova Diesel Generators has 16 court cases on record: 5 filed by the company and 11 filed against it. 2 are pending. Most are in the district courts.
Innova Diesel Generators was incorporated on 20 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Innova Diesel Generators by revenue are MGP Engineering Private Limited, Mega Technobiz Consultants Private Limited, Beebee Electricals & Electronics Private Limited, all in the Power industry (Generators, Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Anilgowda Shekargouda Buddanagoudar ceased to be Additional Director on 30 Nov 2021. Anilgowda Shekargouda Buddanagoudar was appointed as Director on 19 Oct 2020. Prashanth Kumar Shetty was appointed as Director on 20 Sep 2005. Innova Diesel Generators has 4 board changes on record in total.
Yes, Innova Diesel Generators is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0049422).
Innova Diesel Generators can be reached through the website innovadiesel.co.in. Its registered office is in Bangalore, Karnataka, India.
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