Innovano Technology Solutions Private Limited

Innovano Technology Solutions Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72300TN2015PTC098697 Incorporated 05 January 2015 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company information technology MSME · Micro
Data last updated
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

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

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-TN-02-0052577

Contact details

Innovano Technology Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is innovano.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Apps
  • Registered Address
    22/23 V.G.P. Selva Nagar Second Main Road Velachery, Chennai, Tamil Nadu, India – 600042
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Innovano Technology Solutions Private Limited, buy the company report.

Comprehensive company report
Innovano Technology 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

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 codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, scientific and technical activities74Other professional, scientific and technical activities

To see the full business activity and turnover split of Innovano Technology Solutions Private Limited, buy the company report.

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)

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin7.1%
Net Profit Margin3.2%
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

To see the full financial statements and ratios of Innovano Technology Solutions Private Limited, buy the company report.

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
NameDesignationAppointment DateTenureStatus
Prakash Kandhasamy PanneerselvamManaging Director05 Jan 201511 Years 9 MonthsCurrent
Kathiresan VivekanandanDirector18 Dec 20187 Years 10 MonthsCurrent

Auditor

Innovano Technology Solutions Private Limited is audited by G V N SHANKAR & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
G V N SHANKAR & COFY 2023003760S

Shareholding

The shareholding of Innovano Technology Solutions 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Innovano Technology Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Nov 2024101047167Others₹1 CrOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Innovano Technology Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Innovano Technology Solutions Private Limited has a workforce of 53 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
53
Active EPFO establishments
1
Employee growth
8.16%

GST

Innovano Technology Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAFCG8367G1ZGTamil NaduActive08 Aug 2017

To see the full GST registrations and return filing status of Innovano Technology Solutions Private Limited, buy the company report.

Recent activity

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.

Frequently asked questions

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 has 2 current directors:

The latest financial statements of Innovano Technology 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 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.

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).

Innovano Technology Solutions can be reached through the website innovano.com. Its registered office is in Chennai, Tamil Nadu, India.

The registered office of Innovano Technology Solutions is at 2223 V.G.P. Selva Nagar Second Main Road Velachery, Chennai, Tamil Nadu, India – 600042.