Innoval Digital Solutions Private Limited

Innoval Digital Solutions Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72200MH1997PTC206356 Incorporated 13 December 1997 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology MSME · Small
Data last updated
Revenue · FY 2025
₹23.33 Cr
▲ 7% YoY
Net profit · FY 2025
₹1.84 Cr
Net margin 7.9%
EBITDA · FY 2025
₹2.8 Cr
EBITDA margin 12%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.5 Cr
Issued & subscribed
Open charges
₹5.28 Cr
Secured borrowings
Company age
29 yrs
Est. 1997
Employees · EPFO
232
Provident fund records

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 U72200MH1997PTC206356
Registration Number 206356
Incorporation Date 13 December 1997
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 Small
Udyam Registration UDYAM-KL-12-0007900

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.

CINStatus
U72200MH1997PTC206356Current
U72200KL1997PTC011985Previous

Recognitions & Rankings of Innoval Digital Solutions

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-KL-12-0007900

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 Address
    Flat F – 1005/1006 Whispering Palms Xx Clusives Lokhandwala Township Akurli Road Kandi, Vali(East), Mumbai, Maharashtra, India – 400101
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Innoval Digital Solutions Private Limited, buy the company report.

Comprehensive company report
Innoval Digital Solutions 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

Innoval Digital Solutions operates multiple associated brands including CAReGO, OptiE-Invoice, and Innoval Digital Solutions. Each brand links to its own profile.

BrandDescriptionWebsite
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 codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other 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 available

Innoval Digital Solutions Private Limited reported revenue of ₹23.33 Cr (up 7% YoY) for FY 2025.

Revenue · FY 2025
₹23.33 Cr ▲ 7%
Net profit · FY 2025
₹1.84 Cr margin 7.9%
EBITDA · FY 2025
₹2.8 Cr margin 12%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 12%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 31%
3 years · compounded
▼ 5%
5 years · compounded
▼ 6%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹23.33 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2.8 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.84 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin12%
Net Profit Margin7.9%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Sumeet GuptaDirector18 May 20197 Years 5 MonthsCurrent
Sunil GuptaManaging Director17 Sep 200422 Years 1 MonthsCurrent
Sangeeta GuptaDirector17 Mar 200422 Years 7 MonthsCurrent
Krishnan Rajesh ThampyDirector10 Jul 20188 Years 3 MonthsCurrent

Auditor

Innoval Digital Solutions Private Limited is audited by Vijayakumar Vinayak & Sam for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Vijayakumar Vinayak & SamFY 2024022679S

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 categoryFY 2024FY 2023FY 2022FY 2021FY 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

Open charges
₹5.28 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹5.28 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Jun 2026101333936Hdfc Bank Limited₹78.44 LakhOpen
03 Dec 2024101016807Hdfc Bank Limited₹15 LakhOpen
15 Feb 2021100434458Hdfc Bank Limited₹4.35 CrOpen

To see the full charge records of Innoval Digital Solutions Private Limited, buy the company report.

Total charge records: 3 View all charges

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)

SupplierAmount dueDue sinceReported 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.

Employee count
232
Active EPFO establishments
1
Employee growth
9.43%

GST

Innoval Digital Solutions has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAACT8102H1ZIMaharashtraActive12 Sep 2018
32AAACT8102H1ZRKeralaActive04 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.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.78 Cr with Charge ID 101333936 was registered on 19 Jun 2026.
AGM
Innoval Digital Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innoval Digital Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Hdfc Bank Limited of Rs. 4.35 Cr registered on 15 Feb 2021 with Charge ID 100434458 was modified on 28 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 101016807 was registered on 03 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.35 Cr with Charge ID 100434458 was registered on 15 Feb 2021.
Ceased
Sangeeta Gupta ceased to be Managing Director.
Ceased
Sunil Gupta ceased to be Director.
Ceased
Krishnan Rajesh Thampy ceased to be Additional Director.
Ceased
Praseed Dev ceased to be Additional Director.
Appointed
Sumeet Gupta was appointed as Director.
Appointed
Krishnan Rajesh Thampy was appointed as Director.

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:

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.