Innovare Labs Private Limited - Company Profile

Q: Who are the current directors of Innovare Labs Private Limited?

The current directors of Innovare Labs Private Limited are Indukuri Venkata Sunil Kumar, Manda Venkat Ramana Reddy, Sunkary Venu Gopal, Tadikonda Ravi, Anil Kumar.

It is a pharma private limited company based in Hyderabad, Telangana, India, established in 2012.

2012 Hyderabad, Telangana, India Active

Last Updated: January 11, 2026

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About Innovare Labs Private Limited

Innovare Labs Private Limited, a active private limited company, was established on 02 August 2012 in Hyderabad, Telangana, India. Engaging in api manufacturers within the manufacturing sector, it holds CIN: U24233TG2012PTC082289. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹20.50 Cr and a paid-up capital of ₹20.17 Cr.

It upholds a compliant status. Employing 425 professional, Its leadership includes Indukuri Venkata Sunil Kumar (Director), Manda Venkat Ramana Reddy (Director), Sunkary Venu Gopal (Director). Past directors included Indukuri Venkata Sunil Kumar, Manda Venkat Ramana Reddy, Sunkary Venu Gopal. It holds ₹192.74 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No: 64, Road No: 5, Aleap Industrial Estate, Gajularamaram, Pragathi Nagar,, Hyderabad, Telangana, 500090.

Company Details

CIN/LLPIN
U24233TG2012PTC082289
Registration Number
082289
Incorporation Date
02 August 2012
Authorized Capital
₹20.50 Cr
Paid-Up Capital
₹20.17 Cr
ROC Code
Roc Hyderabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 20.50 Cr as on 11-01-2026
Paid Up Capital ₹ 20.17 Cr as on 11-01-2026
Company Age 13 Year, 6 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 192.74 Cr as on 11-01-2026
Revenue Growth **** -20.85% (FY 2023)
Profit Growth **** -44.51% (FY 2023)
Ebitda **** -58.31% (FY 2023)
Net Worth -48.66% (FY 2023)
Total Assets -2.13% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Innovare Labs Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Innovare Labs Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Indukuri Venkata Sunil Kumar	Director	29 Jun 2016	Current
Manda Venkat Ramana Reddy	Director	02 Aug 2012	Current
Sunkary Venu Gopal	Director	02 Aug 2012	Current
Tadikonda Ravi	Whole-Time Director	02 Aug 2012	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	07 May 2013	Past
Pramod Abcsdd	Director	01 Jun 2017	Past
Pramod Abcsdd	Whole-Time Director	11 Jun 2019	Past
Pramod Abcsdd	Managing Director	11 Oct 2021	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Company Secretary	-	Past

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Financial Performance of Innovare Labs.

Innovare Labs Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.85% decrease. The company also saw a substantial fall in profitability, with a 44.51% decrease in profit. The company's net worth observed a substantial decline by a decrease of 48.66%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-20.85%

*******

Revenue from Operations

*******

-19.61%

*******

Total Assets

*******

-2.13%

*******

Profit or Loss

*******

-44.51%

*******

Net Worth

*******

-48.66%

*******

EBITDA

*******

-58.31%

*******

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What is the Ownership and Shareholding Structure of Innovare Labs?

In 2023, Innovare Labs had a promoter holding of 44.99% and a public holding of 55.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹1,927,360,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Others : 172.74 Cr
Hdfc Bank Limited : 20.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
17 Mar 2022	Others	₹8.00 Cr	Open
29 Dec 2021	Others	₹11.68 Cr	Open
02 Nov 2021	Others	₹1.50 M	Open
30 Mar 2021	Others	₹15.00 Cr	Open
05 Jan 2021	Others	₹14.56 Cr	Open

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How Many Employees Work at Innovare Labs?

Innovare Labs has a workforce of 425 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Innovare Labs, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Innovare Labs's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Innovare Labs

Recent Activity within the Organization

Annual General Meeting

Innovare Labs Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.
30 Sep 2024
Balance Sheet

The activity Innovare Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad. was completed.
31 Mar 2024
Charges

A charge with Others of Rs. 8.00 Cr registered on 17 Mar 2022 with Charge ID 100549804 was modified on 26 Dec 2022. was recorded as a recent event.
26 Dec 2022
Charges

Progress on A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100549804 was registered on 17 Mar 2022. was documented.
17 Mar 2022
Charges

The activity A charge with Others of Rs. 11.68 Cr registered on 29 Dec 2021 with Charge ID 100523438 was modified on 15 Feb 2022. was completed.
15 Feb 2022
Charges

A charge with Others of Rs. 15.00 Cr registered on 30 Mar 2021 with Charge ID 100437483 was modified on 15 Feb 2022. was recorded as a recent event.
15 Feb 2022

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