Innovant Services Private Limited
About Innovant Services Private Limited
Data last updated:
Innovant Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 14 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74120KA2012PTC066704. Its GSTIN is 29AAECV2717Q1ZO (Karnataka). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Vista Furniture Holdings Private Limited. It is led by directors including Natasha Munjral and Prakash Girdhar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.65 Cr. For the same year it recorded a net loss of ₹1.06 Cr (net margin -18.7%) and EBITDA of -₹48.73 Lakh (EBITDA margin -8.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
The company has about 95 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo. 4 Vaibhava Centre 3rd Floor Opp: Palace Grounds Ramanamaharishi Roa, D, Bangalore, Karnataka, India – 560080
- IndustryAgriculture, Agri Support Services
- 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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Business Activity of Innovant Services Private Limited
The main business activity of Innovant Services is support service to organizations. In detail, this covers housekeeping & maintenance service.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N5 | Housekeeping & maintenance service | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Innovant Services Private Limited FY 2023 filings available
Innovant Services Private Limited reported revenue of ₹5.65 Cr for FY 2023.
Compounded Annual Growth Rate (CAGR) of Innovant Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years. 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 Innovant Services Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹48.73 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.06 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 of Innovant Services Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -18.7% | •••• | •••• | •••• | •••• |
| 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 Innovant Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Innovant Services Private Limited
Innovant Services Private Limited is compared with the companies closest to it by revenue in the Business Services industry (Facility Management Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VPG Facility Management Services Private Limited | ₹5.7 Cr (FY 2021) | •••• | •••• | 61.0% | •••• | Chennai, Tamil Nadu, India |
| Blackbelt Multisolution India Private Limited | ₹5.7 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Nagpur, Maharashtra, India |
| Icmc Property Management India Private Limited | ₹5.69 Cr (FY 2025) | •••• | •••• | 211.0% | •••• | Chennai, Tamil Nadu, India |
| Krishna Vidyut and Infra Private Limited | ₹5.69 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Pune, Maharashtra, India |
| Sunrise House Keeping and Support Services Private Limited | ₹5.66 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Nac Manimajra, Chandigarh, India |
| Innovant Services Private Limited this company | ₹5.65 Cr (FY 2023) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Acumen Maintenance Services Private Limited | ₹5.65 Cr (FY 2024) | •••• | •••• | 116.0% | •••• | New Delhi, Delhi, India |
| Veeman Safety Management Private Limited | ₹5.62 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Chengalpattu, Tamil Nadu, India |
| Radco Buildtech Private Limited | ₹5.62 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Stallions Multiservices Private Limited | ₹5.61 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Chanvai, Gujarat, India |
| Deejay Facility Services Private Limited | ₹5.61 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Innovant Services by revenue in the Business Services industry (Facility Management Services), 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 Innovant Services Private Limited
Innovant Services Private Limited is audited by ANIL D SOUZA & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANIL D SOUZA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Innovant Services Private Limited
Innovant Services has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Natasha Munjral | Director | 18 Sep 2018 | 8 Years 0 Months | Current |
| Prakash Girdhar | Director | 14 Nov 2012 | 13 Years 10 Months | Current |
| Dinkar Chellaram Also directs: Worktheory Ergonomics LLP, Ergo Creative Solutions Private Limited, Senator International Furniture Private Limited and 3 more | Additional Director | 29 Aug 2024 | 2 Years 1 Months | Current |
Ownership and Shareholding of Innovant Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Innovant Services Private Limited
Innovant Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Innovant Services Private Limited
Innovant Services Private Limited has a workforce of 95 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Innovant Services Private Limited
Innovant Services has one previous CIN (Corporate Identification Number): U36912KA2012PTC066704. The current CIN is U74120KA2012PTC066704, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74120KA2012PTC066704 | Current |
| U36912KA2012PTC066704 | Previous |
Recent Activity on Innovant Services Private Limited
Innovant Services Private Limited has 10 board changes on record since 2012: 3 appointments and 7 cessations. The latest: Dinkar Chellaram was appointed as Additional Director on 29 Aug 2024.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Innovant Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Innovant Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Innovant Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Innovant Services Private Limited
Innovant Services has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECV2717Q1ZO | Karnataka | Active | 01 Jul 2017 |
| 27AAECV2717Q1ZS | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Innovant Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Innovant Services Private Limited
Innovant Services is an active private limited company based in Bangalore, Karnataka, India. The company works in agri support services, within the agriculture industry. It was incorporated on 14 November 2012 (14+ years old) and is registered under CIN U74120KA2012PTC066704.
Innovant Services reported revenue of ₹5.65 Cr for FY 2023.
Innovant Services has 3 current directors:
- Natasha Munjral - Director
- Prakash Girdhar - Director
- Dinkar Chellaram - Additional Director
Innovant Services reported a net loss of ₹1.06 Cr (net margin -18.7%) and EBITDA of -₹48.73 Lakh (EBITDA margin -8.6%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Innovant Services is -2% over three years and 3% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Innovant Services is 29AAECV2717Q1ZO, registered in Karnataka. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAECV2717Q1ZS (Maharashtra).
The CIN (Corporate Identification Number) of Innovant Services is U74120KA2012PTC066704. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovant Services was incorporated on 14 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Innovant Services by revenue are VPG Facility Management Services Private Limited, Blackbelt Multisolution India Private Limited, Icmc Property Management India Private Limited, Krishna Vidyut and Infra Private Limited, Sunrise House Keeping and Support Services Private Limited and 5 more, all in the Business Services industry (Facility Management Services).
Dinkar Chellaram was appointed as Additional Director on 29 Aug 2024. Chellaram Vijay Dilip ceased to be Additional Director on 30 Nov 2021. Natasha Munjral ceased to be Additional Director on 30 Sep 2019. Innovant Services has 10 board changes on record in total.
The registered office of Innovant Services is at No. 4 Vaibhava Centre 3rd Floor Opp: Palace Grounds Ramanamaharishi Roa, D, Bangalore, Karnataka, India – 560080.