Innovaequity Solutions Private Limited
About Innovaequity Solutions Private Limited
Data last updated:
Innovaequity Solutions Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the data processing and IT services segment of the technology and IT services sector. It was incorporated on 25 March 2013.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72300DL2013PTC249818. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ezofy E Commerce Private Limited. It was led by directors including Satish Kumar Saini and Kamna Saini.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 117 Csp East Of Kailash, New Delhi, Delhi, India – 110065.
As per the financials filed for FY 2018, the company reported a revenue of ₹40.6 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net profit of ₹4.02 Lakh (net margin 9.9%) and EBITDA of ₹4.4 Lakh (EBITDA margin 10.8%).
Company details
CIN history
Innovaequity Solutions has one previous CIN (Corporate Identification Number): U74999DL2013PTC249818. The current CIN is U72300DL2013PTC249818, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300DL2013PTC249818 | Current |
| U74999DL2013PTC249818 | Previous |
Contact details
Innovaequity Solutions Private Limited's registered office is in New Delhi, Delhi.
- Registered Address117 Csp East Of Kailash, New Delhi, Delhi, India – 110065
- IndustryInformation Technology, Data Processing
- 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 Innovaequity Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Innovaequity Solutions Private Limited, buy the company report.
Financials of Innovaequity Solutions Private Limited
FY 2018 filings availableInnovaequity Solutions Private Limited reported revenue of ₹40.6 Lakh (down 45% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 45% in the latest year. EBITDA rose 121% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | ₹4.4 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹4.02 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 10.8% | |||
| Net Profit Margin | 9.9% | |||
| 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 | ||||
To see the full financial statements and ratios of Innovaequity Solutions Private Limited, buy the company report.
Board of directors of Innovaequity Solutions Private Limited
Innovaequity Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Kumar Saini | Director | 25 Mar 2013 | 13 Years 7 Months | As last reported |
| Kamna Saini | Director | 25 Mar 2013 | 13 Years 7 Months | As last reported |
| Raj Kumar Saini | Additional Director | 07 Jan 2017 | 9 Years 9 Months | As last reported |
Peer comparison
Innovaequity Solutions Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Perfectchoice Tracom Private Limited | ₹40.61 Lakh (FY 2024) | 25.0% | Kolkata, West Bengal, India | |||
| Shiva Krishna Agencies Private Limited | ₹40.61 Lakh (FY 2025) | -36.0% | Jammu and Kashmir, India | |||
| Kalanidhi Commercial Private Limited | ₹40.61 Lakh (FY 2024) | 51.0% | Sakltlake, West Bengal, India | |||
| Rudolf Life Sciences Private Limited | ₹40.6 Lakh (FY 2025) | -9.0% | Panipat, Haryana, India | |||
| Cloud Exports Private Limited | ₹40.6 Lakh (FY 2021) | -92.0% | Uttar Pradesh, India | |||
| Innovaequity Solutions Private Limitedthis company | ₹40.6 Lakh (FY 2018) | ₹4.02 Lakh | 9.9% | -45.0% | New Delhi, Delhi, India | |
| Shri Ganpati Machinery Private Limited | ₹40.59 Lakh (FY 2022) | -15.0% | Delhi, India | |||
| G G Damodar Enterprise Private Limited | ₹40.59 Lakh (FY 2024) | -37.0% | Kolkata, West Bengal, India | |||
| Medius Formulation Private Limited | ₹40.59 Lakh (FY 2025) | 46.0% | Lucknow, Uttar Pradesh, India | |||
| Techaegis Engineers Private Limited | ₹40.58 Lakh (FY 2025) | 96.0% | Lucknow, Uttar Pradesh, India | |||
| Consumer Protection and Guidance Company Private Limited | ₹40.58 Lakh (FY 2025) | 10.0% | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of Innovaequity Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovaequity 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 Innovaequity Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innovaequity Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Innovaequity Solutions Private Limited, buy the company report.
Recent activity
Innovaequity Solutions Private Limited has 3 board changes on record since 2013: 3 appointments. The latest: Raj Kumar Saini was appointed as Additional Director on 07 Jan 2017.
Frequently asked questions
Innovaequity Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Innovaequity Solutions was a private limited company based in New Delhi, Delhi, India. The company worked in data processing, within the information technology industry. It was incorporated on 25 March 2013 and is registered under CIN U72300DL2013PTC249818. The company has been struck off by the Registrar of Companies and is no longer operational.
Innovaequity Solutions had 3 directors:
- Satish Kumar Saini - Director
- Kamna Saini - Director
- Raj Kumar Saini - Additional Director
The CIN (Corporate Identification Number) of Innovaequity Solutions is U72300DL2013PTC249818. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Innovaequity Solutions is at 117 Csp East Of Kailash, New Delhi, Delhi, India – 110065.
Innovaequity Solutions was incorporated on 25 March 2013. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Innovaequity Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Innovaequity Solutions has 1 GST registration on record and it is cancelled or inactive.
Innovaequity Solutions operated in the information technology industry, in the data processing segment. It worked in this industry before it was struck off.
The peers of Innovaequity Solutions by revenue are Perfectchoice Tracom Private Limited, Shiva Krishna Agencies Private Limited, Kalanidhi Commercial Private Limited, Rudolf Life Sciences Private Limited, Cloud Exports Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Raj Kumar Saini was appointed as Additional Director on 07 Jan 2017. Kamna Saini was appointed as Director on 25 Mar 2013. Satish Kumar Saini was appointed as Director on 25 Mar 2013.