- Category
- Small (2023-24)
- Udyam number
- UDYAM-KL-12-0007900

About Innoval Digital Solutions Private Limited
Data last updated:
Innoval Digital Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 December 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH1997PTC206356. Its GSTIN is 27AAACT8102H1ZI (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It was formerly known as Technosoft Resources Consulting Private Limited. It is led by directors including Sunil Gupta (Managing Director) and Sumeet Gupta.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.33 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.84 Cr (net margin 7.9%) and EBITDA of ₹2.8 Cr (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 9% over five years.
The company has about 232 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: CAReGO, OptiE-Invoice and Innoval Digital Solutions. As per MCA filings, the company has open charges of ₹5.28 Cr on record.
Innoval Digital Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-12-0007900). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ivldsp.com.
Company details
CIN history
Innoval Digital Solutions has one previous CIN (Corporate Identification Number): U72200KL1997PTC011985. The current CIN is U72200MH1997PTC206356, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH1997PTC206356 | Current |
| U72200KL1997PTC011985 | Previous |
Recognitions & Rankings of Innoval Digital Solutions
Contact details
Innoval Digital Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is ivldsp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat F – 1005/1006 Whispering Palms Xx Clusives Lokhandwala Township Akurli Road Kandi, Vali(East), Mumbai, Maharashtra, India – 400101
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Innoval Digital Solutions 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
Innoval Digital Solutions operates multiple associated brands including CAReGO, OptiE-Invoice, and Innoval Digital Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers specialized software solutions to optimize logistics operations in the industry. | carego.in | |
| Offers a SaaS-based invoice management system for businesses. | optieinvoice.com | |
| SAP solutions and digital transformation services are offered in India. | ivldsp.com |
Business activity
The main business activity of Innoval Digital Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Innoval Digital Solutions Private Limited, buy the company report.
Financials of Innoval Digital Solutions Private Limited
FY 2025 filings availableInnoval Digital Solutions Private Limited reported revenue of ₹23.33 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 7% growth in the latest year. EBITDA fell 31% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹23.33 Cr | ||||
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| EBITDA | ₹2.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.84 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 | 12% | ||||
| Net Profit Margin | 7.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Innoval Digital Solutions Private Limited, buy the company report.
Board of directors of Innoval Digital Solutions Private Limited
Innoval Digital Solutions has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumeet Gupta | Director | 18 May 2019 | 7 Years 5 Months | Current |
| Sunil Gupta Also directs: Sant Sundardas Foundation, Kpa Welfare Foundation | Managing Director | 17 Sep 2004 | 22 Years 1 Months | Current |
| Sangeeta Gupta | Director | 17 Mar 2004 | 22 Years 7 Months | Current |
| Krishnan Rajesh Thampy | Director | 10 Jul 2018 | 8 Years 3 Months | Current |
Auditor
Innoval Digital Solutions Private Limited is audited by Vijayakumar Vinayak & Sam for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vijayakumar Vinayak & Sam | FY 2024 | 022679S |
Shareholding
The shareholding of Innoval Digital Solutions Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Innoval Digital Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 2026 | 101333936 | Hdfc Bank Limited | ₹78.44 Lakh | Open | |
| 03 Dec 2024 | 101016807 | Hdfc Bank Limited | ₹15 Lakh | Open | |
| 15 Feb 2021 | 100434458 | Hdfc Bank Limited | ₹4.35 Cr | Open |
To see the full charge records of Innoval Digital Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Innoval Digital 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
Innoval Digital Solutions Private Limited has 2 MSME Form 1 returns on record between 2023 and 2024, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Excellon Software Private Limited |
To see the full MSME payment records of Innoval Digital Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Innoval Digital Solutions Private Limited has a workforce of 232 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
GST
Innoval Digital Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT8102H1ZI | Maharashtra | Active | 12 Sep 2018 |
| 32AAACT8102H1ZR | Kerala | Active | 04 Aug 2018 |
To see the full GST registrations and return filing status of Innoval Digital Solutions Private Limited, buy the company report.
Recent activity
Innoval Digital Solutions Private Limited has 10 board changes on record since 2004: 4 appointments and 6 cessations. The latest: Sangeeta Gupta ceased to be Managing Director on 25 Nov 2020.
5 earlier events are in the company report.
Frequently asked questions
Innoval Digital Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 December 1997 (29+ years old) and is registered under CIN U72200MH1997PTC206356.
Innoval Digital Solutions has 4 current directors:
- Sunil Gupta - Managing Director
- Sumeet Gupta - Director
- Sangeeta Gupta - Director
- Krishnan Rajesh Thampy - Director
The latest financial statements of Innoval Digital Solutions 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 Innoval Digital Solutions is 27AAACT8102H1ZI, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AAACT8102H1ZR (Kerala).
The CIN (Corporate Identification Number) of Innoval Digital Solutions is U72200MH1997PTC206356. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innoval Digital Solutions was incorporated on 13 December 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Sangeeta Gupta ceased to be Managing Director on 25 Nov 2020. Sunil Gupta ceased to be Director on 25 Nov 2020. Krishnan Rajesh Thampy ceased to be Additional Director on 04 Nov 2019. Innoval Digital Solutions has 10 board changes on record in total.
Yes, Innoval Digital Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KL-12-0007900).
Innoval Digital Solutions has 2 MSME Form 1 returns on record between 2023 and 2024, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 18 Apr 2024.
Innoval Digital Solutions can be reached through the website ivldsp.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Innoval Digital Solutions is at Flat F – 10051006 Whispering Palms Xx Clusives Lokhandwala Township Akurli Road Kandi, ValiEast, Mumbai, Maharashtra, India – 400101.