MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0052577
Innovano Technology Solutions Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.12 Cr
▲ 11% YoY
Net profit · FY 2024
₹19.47 Lakh
Net margin 3.2%
EBITDA · FY 2024
₹43.51 Lakh
EBITDA margin 7.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
53
Provident fund records
About Innovano Technology Solutions Private Limited
Data last updated:
Innovano Technology Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 05 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72300TN2015PTC098697. Its GSTIN is 33AAFCG8367G1ZG (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Prakash Kandhasamy Panneerselvam (Managing Director) and Kathiresan Vivekanandan.
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 22/23 V.G.P. Selva Nagar Second Main Road Velachery, Chennai, Tamil Nadu, India – 600042.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.12 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹19.47 Lakh (net margin 3.2%) and EBITDA of ₹43.51 Lakh (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 17% over five years.
The company has about 53 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1 Cr on record.
Innovano Technology Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0052577). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovano.com.
Company Details of Innovano Technology Solutions Private Limited
CIN U72300TN2015PTC098697
Registration Number 098697
Incorporation Date 05 January 2015
ROC Chennai
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-TN-02-0052577
Recognitions & Rankings of Innovano Technology Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Apps
- Registered Address22/23 V.G.P. Selva Nagar Second Main Road Velachery, Chennai, Tamil Nadu, India – 600042
- IndustryInformation Technology, IT Consulting & Support Services
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Business Activity of Innovano Technology Solutions Private Limited
The main business activity of Innovano Technology Solutions is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Innovano Technology Solutions Private Limited FY 2025 filings available
Innovano Technology Solutions Private Limited reported revenue of ₹6.12 Cr (up 11% YoY) for FY 2024.
Revenue · FY 2024
₹6.12 Cr ▲ 11%
Net profit · FY 2024
₹19.47 Lakh margin 3.2%
EBITDA · FY 2024
₹43.51 Lakh margin 7.1%
Compounded Annual Growth Rate (CAGR) of Innovano Technology Solutions Private Limited
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 26%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 71%
5 years · compounded
▲ 28%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 11% growth in the latest year. EBITDA rose 9% 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 of Innovano Technology Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹43.51 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.47 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Innovano Technology Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Innovano Technology Solutions are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Innovano Technology Solutions Private Limited
Innovano Technology Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Kandhasamy Panneerselvam | Managing Director | 05 Jan 2015 | 11 Years 9 Months | Current |
| Kathiresan Vivekanandan | Director | 18 Dec 2018 | 7 Years 10 Months | Current |
Peer Comparison of Innovano Technology Solutions Private Limited
Innovano Technology Solutions Private Limited is compared with the companies closest to it by revenue in the Education industry (Education Technology). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rapl Technologies India Private Limited | ₹6.49 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Bangalore, Karnataka, India |
| K 12 Innovations Private Limited | ₹6.49 Cr (FY 2025) | •••• | •••• | -60.0% | •••• | New Delhi, Delhi, India |
| Growthx Education Labs Private Limited | ₹6.39 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Pune, Maharashtra, India |
| Nergy India Private Limited | ₹6.29 Cr (FY 2025) | •••• | •••• | 175.0% | •••• | Bangalore, Karnataka, India |
| Evobi Automations Private Limited | ₹6.2 Cr (FY 2024) | •••• | •••• | -37.0% | •••• | Bangalore, Karnataka, India |
| Innovano Technology Solutions Private Limited this company | ₹6.12 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Chennai, Tamil Nadu, India |
| Byteedge Learning Private Limited | ₹6.01 Cr (FY 2024) | •••• | •••• | 64.0% | •••• | Gurgaon, Haryana, India |
| Zilker Learning Technologies Private Limited | ₹6.01 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Bangalore, Karnataka, India |
| DMSN Media Private Limited | ₹6 Cr (FY 2025) | •••• | •••• | 78.0% | •••• | Delhi, India |
| Beneathatree Educational Services Private Limited | ₹5.96 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mysore, Karnataka, India |
| Raspberry Pi Educational Services Private Limited | ₹5.93 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Innovano Technology Solutions by revenue in the Education industry (Education Technology), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Innovano Technology Solutions Private Limited
Innovano Technology Solutions Private Limited is audited by G V N SHANKAR & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G V N SHANKAR & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Innovano Technology Solutions Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Innovano Technology Solutions Private Limited
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Nov 2024 | Others | ₹1 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Innovano Technology Solutions Private Limited
Innovano Technology Solutions Private Limited has a workforce of 53 employees as of Apr 08, 2024.
Employee count
53
Active EPFO establishments
1
Employee growth
8.16%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Verified entity values are shown only after access is granted.
Recent Activity on Innovano Technology Solutions Private Limited
Innovano Technology Solutions Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Karthikeyan Kaliappan ceased to be Director on 14 Aug 2019.
AGM
Innovano Technology Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innovano Technology Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 101047167 was registered on 20 Nov 2024.
Ceased
Karthikeyan Kaliappan ceased to be Director.
Appointed
Kathiresan Vivekanandan was appointed as Director.
Ceased
Bhagyalakshmi ceased to be Director.
Ceased
Prakash Kandhasamy Panneerselvam ceased to be Director.
Appointed
Prakash Kandhasamy Panneerselvam was appointed as Managing Director.
Incorporation
05 Jan 2015
Innovano Technology Solutions Private Limited was registered on 05 Jan 2015 with Roc Chennai & aged 11 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Innovano Technology Solutions Private Limited
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MSME Payment Delays by Innovano Technology Solutions Private Limited
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Subsidiaries & Group Companies of Innovano Technology Solutions Private Limited
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Corporate group structure
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GST Compliance of Innovano Technology Solutions Private Limited
Innovano Technology Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCG8367G1ZG | Tamil Nadu | Active | 08 Aug 2017 |
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MCA Filings & Documents of Innovano Technology Solutions Private Limited
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Frequently Asked Questions about Innovano Technology Solutions Private Limited
Innovano Technology Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 05 January 2015 (11+ years old) and is registered under CIN U72300TN2015PTC098697.
Innovano Technology Solutions reported revenue of ₹6.12 Cr for FY 2024 (up 11% YoY).
Innovano Technology Solutions has 2 current directors:
- Prakash Kandhasamy Panneerselvam - Managing Director
- Kathiresan Vivekanandan - Director
Innovano Technology Solutions reported a net profit of ₹19.47 Lakh (net margin 3.2%) and EBITDA of ₹43.51 Lakh (EBITDA margin 7.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Innovano Technology Solutions is 26% over three years and 17% over five years. In the latest year (FY 2024) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Innovano Technology Solutions is 33AAFCG8367G1ZG, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Innovano Technology Solutions is U72300TN2015PTC098697. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovano Technology Solutions was incorporated on 05 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Innovano Technology Solutions by revenue are Rapl Technologies India Private Limited, K 12 Innovations Private Limited, Growthx Education Labs Private Limited, Nergy India Private Limited, Evobi Automations Private Limited and 5 more, all in the Education industry (Education Technology).
Karthikeyan Kaliappan ceased to be Director on 14 Aug 2019. Kathiresan Vivekanandan was appointed as Director on 18 Dec 2018. Bhagyalakshmi ceased to be Director on 21 Mar 2017. Innovano Technology Solutions has 5 board changes on record in total.
Yes, Innovano Technology Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0052577).