MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0074637
Innovage Fintech Private Limited - internet in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.46 Cr
▲ 18% YoY
Net loss · FY 2025
₹7.74 Cr
Net margin -314.1%
EBITDA · FY 2025
-₹6.1 Cr
EBITDA margin -247.4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹31.13 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Employees · EPFO
13
Provident fund records
Directors on board
2
As per MCA filings
About Innovage Fintech Private Limited
Data last updated:
Innovage Fintech Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 24 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2010PTC205922. Its GSTIN is 27AACCI3766N1Z2 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹31.13 Lakh. It is led by directors Dinesh Rohira Pralhad and Ajay Arjit Singh.
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 G – 404 Krishna Residency Opp Radhakrishna Vidyalaya Behind Sunder Nagar Malad (West), Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.46 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹7.74 Cr (net margin -314.1%) and EBITDA of -₹6.1 Cr (EBITDA margin -247.4%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 18% over five years.
The company has about 13 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: 5 Nce. The company has 24 deals on record (10 funding rounds, 6 convertible or debt financings, 5 secondary share transfers), with disclosed funding of ₹47.98 Cr; the latest was in March 2022. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 micro and small suppliers.
Innovage Fintech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0074637). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website 5nance.com.
Company details
CIN U67190MH2010PTC205922
Registration Number 205922
Incorporation Date 24 July 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0074637
Recognitions & Rankings of Innovage Fintech
Contact details
Innovage Fintech Private Limited's registered office is in Mumbai, Maharashtra. Its website is 5nance.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressG – 404 Krishna Residency Opp Radhakrishna Vidyalaya Behind Sunder Nagar Malad (West), Mumbai, Maharashtra, India – 400064
- IndustryInternet, Online Financial Services
To see the full contact details of Innovage Fintech Private Limited, buy the company report.
Comprehensive company report
Innovage Fintech 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
Innovage Fintech operates one associated brand: 5 nce. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-powered investment and financial advisory services are provided. | 5nance.com |
Business activity
The main business activity of Innovage Fintech is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Innovage Fintech Private Limited, buy the company report.
Financials of Innovage Fintech Private Limited
FY 2025 filings availableInnovage Fintech Private Limited reported revenue of ₹2.46 Cr (up 18% YoY) for FY 2025.
Revenue · FY 2025
₹2.46 Cr ▲ 18%
Net loss · FY 2025
₹7.74 Cr margin -314.1%
EBITDA · FY 2025
-₹6.1 Cr margin -247.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 17%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 15%
5 years · compounded
▲ 5%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 18% growth in the latest year. EBITDA fell 23% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹6.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.74 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -247.4% | ||||
| Net Profit Margin | -314.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Innovage Fintech Private Limited, buy the company report.
Board of directors of Innovage Fintech Private Limited
Innovage Fintech has 2 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 |
|---|---|---|---|---|
| Dinesh Rohira Pralhad | Director | 24 Jul 2010 | 16 Years 3 Months | Current |
| Ajay Arjit Singh Also directs: Vipul Limited, Maxflow Technology & Solutions Private Limited, Innovage Investment Advisers Private Limited and 4 more | Director | 24 Jul 2010 | 16 Years 3 Months | Current |
Auditor
Innovage Fintech Private Limited is audited by Shah & Salva LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah & Salva LLP | FY 2023 | 109364W |
Shareholding
The shareholding of Innovage Fintech 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 Innovage Fintech Private Limited, buy the company report.
Deals & funding
Innovage Fintech Private Limited has 24 deals on record (10 funding rounds, 6 convertible or debt financings, 5 secondary share transfers), with disclosed funding of ₹47.98 Cr; the latest was in March 2022.
Total deals
24
Funding rounds
10
Convertible or debt financings
6
Secondary share transfers
5
Debt financings
3
Disclosed funding
₹47.98 Cr
Deals on record (5 of 24)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Mar 2021 | Funding round | ₹10.44 Cr | Investors: 4 individuals |
| May 2018 | Debt financing | ₹2 Cr | Investors: Piyush Securities Pvt Ltd , MVK Properties Private Limited |
| Oct 2015 | Secondary share transfer | Undisclosed | Buyer: Ynm Impex Private Limited Seller: an individual |
To see the full deal history of Innovage Fintech Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Innovage Fintech 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
Innovage Fintech Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 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 |
|---|---|---|---|
| an individual supplier | |||
| Isec Services Private Limited | |||
| Performious Media and Advertising Private Limited |
To see the full MSME payment records of Innovage Fintech Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Innovage Fintech has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Innovage Investment Advisers Private Limited | U67190MH2015PTC375463 | |
| Innovage Technologies Private Limited | U74999MH2016PTC285277 |
To see the full group structure of Innovage Fintech Private Limited, buy the company report.
Employees & EPFO
Innovage Fintech Private Limited has a workforce of 13 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
13
Active EPFO establishments
1
Employee growth
18.18%
GST
Innovage Fintech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI3766N1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Innovage Fintech Private Limited, buy the company report.
Recent activity
Innovage Fintech Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Balvindar Ratansingh Sabarwal ceased to be Director on 11 Dec 2013.
AGM
Innovage Fintech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innovage Fintech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Balvindar Ratansingh Sabarwal ceased to be Director.
Appointed
Ajay Arjit Singh was appointed as Director.
Appointed
Dinesh Rohira Pralhad was appointed as Director.
Incorporation
24 Jul 2010
Innovage Fintech Private Limited was registered on 24 Jul 2010 with Roc Mumbai I & aged 16 years 3 months as per MCA records.
Frequently asked questions
Innovage Fintech is an active private limited company based in Mumbai, Maharashtra, India. The company works in online financial services, within the internet industry. It was incorporated on 24 July 2010 (16+ years old) and is registered under CIN U67190MH2010PTC205922.
Innovage Fintech has 2 current directors:
- Dinesh Rohira Pralhad - Director
- Ajay Arjit Singh - Director
The latest financial statements of Innovage Fintech 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 Innovage Fintech is 27AACCI3766N1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Innovage Fintech is U67190MH2010PTC205922. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovage Fintech was incorporated on 24 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Innovage Fintech has 24 deals on record (10 funding rounds, 6 convertible or debt financings, 5 secondary share transfers), with disclosed funding of ₹47.98 Cr; the latest was in March 2022.
Balvindar Ratansingh Sabarwal ceased to be Director on 11 Dec 2013. Ajay Arjit Singh was appointed as Director on 24 Jul 2010. Dinesh Rohira Pralhad was appointed as Director on 24 Jul 2010.
Yes, Innovage Fintech is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0074637).
Innovage Fintech has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 30 May 2019.
Innovage Fintech can be reached through the website 5nance.com. Its registered office is in Mumbai, Maharashtra, India.
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