Innova Technologies Private Limited
About Innova Technologies Private Limited
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Innova Technologies Private Limited is a private limited company based in Secunderabad, Telangana, India, a subsidiary of Surana Infocom Private Limited. It operates in the real estate financing segment of the financial services sector. It was incorporated on 24 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2005PTC046329. Its GSTIN is 36AABCI4364D1ZT (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹5.25 Lakh. It was formerly known as Innova Technologies Limited. It is led by directors including Vinita Surana and Boorugu Srinagesh.
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 5th Floor Surya Towers Sardar Patel Road, Secunderabad, Telangana, India – 500003.
As per the financials filed for FY 2024, the company reported a revenue of ₹75.36 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹18.69 Lakh (net margin 24.8%) and EBITDA of ₹52.27 Lakh (EBITDA margin 69.4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 26% over five years.
As per MCA filings, the company has open charges of ₹23.51 Cr and satisfied charges of ₹12 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Innova Technologies has one previous CIN (Corporate Identification Number): U72200AP2005PTC046329. The current CIN is U72200TG2005PTC046329, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2005PTC046329 | Current |
| U72200AP2005PTC046329 | Previous |
Contact details
Innova Technologies Private Limited's registered office is in Secunderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered Address5th Floor Surya Towers Sardar Patel Road, Secunderabad, Telangana, India – 500003
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Innova Technologies 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
Business activity
The main business activity of Innova Technologies is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Innova Technologies Private Limited, buy the company report.
Financials of Innova Technologies Private Limited
FY 2024 filings availableInnova Technologies Private Limited reported revenue of ₹75.36 Lakh (down 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. 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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| EBITDA | ₹52.27 Lakh | ||||
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| Net Profit (PAT) | ₹18.69 Lakh | ||||
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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 | 69.4% | ||||
| Net Profit Margin | 24.8% | ||||
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To see the full financial statements and ratios of Innova Technologies Private Limited, buy the company report.
Board of directors of Innova Technologies Private Limited
Innova Technologies has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinita Surana Also directs: Topsun Power Private Limited, Tejas Technopark Private Limited, Bhagyanagar Energy and Telecom Private Limited and 5 more | Director | 05 Aug 2011 | 15 Years 2 Months | Current |
| Boorugu Srinagesh | Director | 26 Mar 2008 | 18 Years 7 Months | Current |
| Narender Surana Also directs: Surana Telecom and Power Limited, Surana Solar Limited, Bhagyanagar Properties Limited and 5 more | Director | 25 May 2005 | 21 Years 5 Months | Current |
Peer comparison
Innova Technologies Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Platinum Urbanbuild Private Limited | ₹75.39 Lakh (FY 2025) | -35.0% | Kolkata, West Bengal, India | |||
| Ojesh Apartments Private Limited | ₹75.38 Lakh (FY 2025) | 26.0% | Kolkata, West Bengal, India | |||
| Innova Technologies Private Limitedthis company | ₹75.36 Lakh (FY 2024) | ₹18.69 Lakh | 24.8% | -3.0% | Secunderabad, Telangana, India | |
| Orion Builders Pvt Ltd | ₹75.23 Lakh (FY 2025) | 18.0% | Gwalior, Madhya Pradesh, India |
To see the full peer comparison of Innova Technologies Private Limited, buy the company report.
Auditor
Innova Technologies Private Limited is audited by SEKHAR & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SEKHAR & CO | FY 2021 | 003695S |
Shareholding
The shareholding of Innova Technologies Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Innova Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2021 | 100477951 | Hdfc Bank Limited | ₹23.51 Cr | Open | |
| 22 Jul 2015 | 10584310 | Tata Capital Financial Services Limited | ₹12 Cr | Satisfied |
To see the full charge records of Innova Technologies Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Innova Technologies 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 Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innova Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCI4364D1ZT | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Innova Technologies Private Limited, buy the company report.
Recent activity
Innova Technologies Private Limited has 9 board changes on record since 2005: 3 appointments and 6 cessations. The latest: Pranay Surana ceased to be Director on 04 Jan 2017.
4 earlier events are in the company report.
Frequently asked questions
Innova Technologies is an active private limited company based in Secunderabad, Telangana, India. The company works in real estate financing, within the financial services industry. It was incorporated on 24 May 2005 (21+ years old) and is registered under CIN U72200TG2005PTC046329.
Innova Technologies has 3 current directors:
- Vinita Surana - Director
- Boorugu Srinagesh - Director
- Narender Surana - Director
The latest financial statements of Innova Technologies 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 Technologies is 36AABCI4364D1ZT, registered in Telangana. 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 Technologies is U72200TG2005PTC046329. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innova Technologies was incorporated on 24 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Innova Technologies by revenue are Platinum Urbanbuild Private Limited, Ojesh Apartments Private Limited, Orion Builders Pvt Ltd, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Pranay Surana ceased to be Director on 04 Jan 2017. Sreerama Murthy Puvvada ceased to be Director on 15 Apr 2015. Vinita Surana was appointed as Director on 05 Aug 2011. Innova Technologies has 9 board changes on record in total.
The registered office of Innova Technologies is at 5th Floor Surya Towers Sardar Patel Road, Secunderabad, Telangana, India – 500003.
Innova Technologies operates in the financial services industry, in the real estate financing segment.
Innova Technologies has open charges of ₹23.51 Cr and satisfied charges of ₹12 Cr as per latest MCA filings.