About Innova Systems (India) Private Limited
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Innova Systems (India) Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 10 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ1995PTC025432. Its GSTIN is 24AABCI2298E1ZR (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Printer Plus Services Private Limited. It is led by directors Jagdishbhai Dave Chimanlal and Urvashi Jagdish Dave.
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 4 Samyak Gitabaug Society Opp. Suvidha Shopping Centre Paldi, Ahmedabad, Gujarat, India – 380007.
The company is associated with 2 brands: InSysPay and Innova Systems. As per MCA filings, the company has satisfied charges of ₹4.66 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 innova-india.com.
Company details
Contact details
Innova Systems (India) Private Limited's registered office is in Ahmedabad, Gujarat. Its website is innova-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4 Samyak Gitabaug Society Opp. Suvidha Shopping Centre Paldi, Ahmedabad, Gujarat, India – 380007
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Innova Systems (India) Private Limited, buy the company report.
- 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
Brands
Innova Systems (India) operates two associated brands: InSysPay and Innova Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides cloud HR software for payroll, attendance, and employee management services. | insyspay.com | |
| Provides IT system integration, HRMS software, and automation for business operations. | innova-india.com |
Financials of Innova Systems (India) Private Limited
FY 2025 filings availableInnova Systems (India) Private Limited reported revenue of ₹120 for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 94% over five years. 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
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Financial Ratios
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To see the full financial statements and ratios of Innova Systems (India) Private Limited, buy the company report.
Board of directors of Innova Systems (India) Private Limited
Innova Systems (India) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagdishbhai Dave Chimanlal | Director | 21 Sep 2003 | 23 Years 1 Months | Current |
| Urvashi Jagdish Dave Also directs: Loyalty Gifting Ideas Private Limited | Director | 18 Nov 1996 | 29 Years 11 Months | Current |
Peer comparison
Innova Systems (India) Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Digizone Technology Private Limited | ₹126 (FY 2018) | -100.0% | Mumbai, Maharashtra, India | |||
| Sumtech Infosystem Private Limited | ₹125 (FY 2018) | -100.0% | Mumbai, Maharashtra, India | |||
| Innova Systems (India) Private Limitedthis company | ₹120 (FY 2025) | Ahmedabad, Gujarat, India | ||||
| Abn Infotech Private Limited | ₹85 (FY 2021) | -100.0% | Nashik, Maharashtra, India | |||
| Tripfin Trade & Consultancy Private Limited | ₹80 (FY 2024) | -96.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Innova Systems (India) Private Limited, buy the company report.
Auditor
Innova Systems (India) Private Limited is audited by NAIMISH N SHAH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAIMISH N SHAH & CO | FY 2023 | 033747 |
Shareholding
The shareholding of Innova Systems (India) 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 |
|---|---|---|---|---|---|
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To see the full shareholding pattern of Innova Systems (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jul 2019 | 100280484 | Others | ₹58 Lakh | Satisfied | |
| 01 May 2015 | 10601887 | Nutan Nagaraik Sahakari Bank Ltd | ₹67.5 Lakh | Satisfied | |
| 30 May 2012 | 10359593 | Nutan Nagarik Sahakari Bank Ltd. | ₹1.6 Cr | Satisfied | |
| 02 Apr 2010 | 10214638 | Others | ₹1.5 Cr | Satisfied | |
| 05 May 2004 | 80052437 | Nutan Nagarik Sahakari Bank Ltd. | ₹20 Lakh | Satisfied |
To see the full charge records of Innova Systems (India) Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Innova Systems (India) 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 Innova Systems (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innova Systems (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCI2298E1ZR | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Innova Systems (India) Private Limited, buy the company report.
Recent activity
Innova Systems (India) Private Limited has 3 board changes on record since 1996: 2 appointments and 1 cessation. The latest: Nital Apurva Dave ceased to be Director on 10 Jun 2020.
8 earlier events are in the company report.
Frequently asked questions
Innova Systems (India) is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 10 April 1995 (31+ years old) and is registered under CIN U72200GJ1995PTC025432.
Innova Systems (India) has 2 current directors:
- Jagdishbhai Dave Chimanlal - Director
- Urvashi Jagdish Dave - Director
The latest financial statements of Innova Systems (India) 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 2015 are in the company report.
The GSTIN of Innova Systems (India) is 24AABCI2298E1ZR, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Innova Systems (India) is U72200GJ1995PTC025432. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innova Systems (India) was incorporated on 10 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Innova Systems (India) by revenue are Digizone Technology Private Limited, Sumtech Infosystem Private Limited, Abn Infotech Private Limited, Tripfin Trade & Consultancy Private Limited, all in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading).
Nital Apurva Dave ceased to be Director on 10 Jun 2020. Jagdishbhai Dave Chimanlal was appointed as Director on 21 Sep 2003. Urvashi Jagdish Dave was appointed as Director on 18 Nov 1996.
Innova Systems (India) can be reached through the website innova-india.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Innova Systems (India) is at 4 Samyak Gitabaug Society Opp. Suvidha Shopping Centre Paldi, Ahmedabad, Gujarat, India – 380007.
Innova Systems (India) operates in the information technology industry, in the IT products retail and distribution segment.
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