About Innovare Labs Private Limited
Data last updated: 11 January 2026
Innovare Labs Private Limited is a private limited company based in Hyderabad, Telangana, India. It specialises in api manufacturers, a part of the broader pharmaceuticals sector. Incorporated on 02 August 2012, the company has been in operation for over 14 years.
Registered with ROC Hyderabad under CIN U24233TG2012PTC082289.
Capital: an authorised share capital of ₹20.5 Cr and a paid-up capital of ₹20.17 Cr. It is led by directors including Indukuri Venkata Sunil Kumar and Manda Venkat Ramana Reddy.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Plot No: 64 Road No: 5 Aleap Industrial Estate Gajularamaram Pragathi Nagar, Hyderabad, Telangana, India – 500090.
As per the financials filed for FY 2024, the company reported a revenue of ₹76.64 Cr, a decline of 8% compared to the previous year.
The company has a workforce of approximately 425 employees as per the latest available data.
The company is associated with 1 brand - Innovare Labs. As per MCA filings, the company has open charges of ₹192.74 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovarelabs.com.
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Registered AddressPlot No: 64 Road No: 5 Aleap Industrial Estate Gajularamaram Pragathi Nagar, Hyderabad, Telangana, India – 500090
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IndustryPharma, API Manufacturers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Innovare Labs Private Limited
Innovare Labs Private Limited has one previous CIN (Corporate Identification Number): U24233AP2012PTC082289. The current CIN is U24233TG2012PTC082289, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24233TG2012PTC082289 | Current |
| U24233AP2012PTC082289 | Previous |
Associated Brands with Innovare Labs Private Limited
Innovare Labs Private Limited operates one associated brand: Innovare Labs. These brands represent Innovare Labs Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| APIs and intermediates are supplied to global pharmaceutical companies. | innovarelabs.com |
Competitors & Alternatives of Innovare Labs Private Limited
Brands and companies operating in the same space as Innovare Labs Private Limited include Laurus Labs, Symbiotec, Beijing Biostar Technologies and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Laurus Labs
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Pharmaceutical and biotechnology company | Hyderabad, India, India | 2005 |
Symbiotec
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Non-sterile steroid hormone-based APIs and intermediates are manufactured. | Indore, India, India | 2002 |
Beijing Biostar Technologies
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APIs, intermediates, and biochemical reagents are developed and manufactured. | Beijing, China, China | 2002 |
Sterling Pharma Solutions
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Contract development, manufacturing, and analytical services for APIs are offered. | Dudley, United Kingdom, United Kingdom | 2016 |
Provepharm Life Solutions
|
APIs and drug products are developed and valorized in pharmaceuticals. | Marseille, France, France | 1998 |
Hikal
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APIs and intermediates are produced via custom synthesis and research. | Mumbai, India, India | 1988 |
Snapdragon Chemistry
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Drug discovery and development service provider | Cambridge, United States, United States | 2014 |
SeQuent
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APIs are developed and manufactured for therapeutic areas. | Bengaluru, India, India | 2002 |
Jubilant Pharma
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Pharmaceuticals, APIs, and radiopharmaceuticals are manufactured by the company. | Noida, India, India | 1978 |
Business Activity of Innovare Labs Private Limited
Innovare Labs Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details for Innovare Labs Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Innovare Labs Private Limited
Innovare Labs Private Limited is audited by RAMANA REDDY & ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAMANA REDDY & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Innovare Labs Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Innovare Labs Private Limited
Innovare Labs Private Limited is currently managed by 4 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Indukuri Venkata Sunil Kumar | Director | 29 Jun 2016 | 10 Years 0 Months | Current |
| Manda Venkat Ramana Reddy | Director | 02 Aug 2012 | 13 Years 11 Months | Current |
| Sunkary Venu Gopal | Director | 02 Aug 2012 | 13 Years 11 Months | Current |
| Tadikonda Ravi | Whole-Time Director | 02 Aug 2012 | 13 Years 11 Months | Current |
Financials of Innovare Labs Private Limited FY 2024 filings available
Innovare Labs Private Limited reported revenue of ₹76.64 Cr (down 8.00% YoY) for FY 2024.
Ten-year financial statements for Innovare Labs Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Innovare Labs Private Limited
Shareholding and ownership data for Innovare Labs Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Innovare Labs Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Mar 2022 | Others | ₹8 Cr | Open |
| 29 Dec 2021 | Others | ₹11.68 Cr | Open |
| 02 Nov 2021 | Others | ₹15 Lakh | Open |
| 30 Mar 2021 | Others | ₹15 Cr | Open |
| 05 Jan 2021 | Others | ₹14.56 Cr | Open |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Innovare Labs Private Limited
Innovare Labs Private Limited has a workforce of 425 employees as of Apr 08, 2024.
Employee and EPFO history for Innovare Labs Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Innovare Labs Private Limited
GST registrations and filing compliance for Innovare Labs Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Innovare Labs Private Limited
Credit ratings, litigation, and regulatory alerts for Innovare Labs Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Innovare Labs Private Limited
MSME payment history for Innovare Labs Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
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Subsidiaries & Group Companies of Innovare Labs Private Limited
Corporate group structure for Innovare Labs Private Limited
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- Parent company
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MCA Filings & Documents of Innovare Labs Private Limited
MCA filings and documents for Innovare Labs Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Innovare Labs Private Limited
Recent News on Innovare Labs Private Limited
Frequently Asked Questions about Innovare Labs Private Limited
Innovare Labs Private Limited is an active private limited company in the pharma sector based in Hyderabad, Telangana, India. It was incorporated on 02 August 2012 (14+ years old) and is registered under CIN U24233TG2012PTC082289. The company has 425 employees.
Innovare Labs Private Limited reported revenue of ₹76.64 Cr for FY 2024 (down 8.00% YoY).
The current directors of Innovare Labs Private Limited are:
- Indukuri Venkata Sunil Kumar - Director
- Manda Venkat Ramana Reddy - Director
- Sunkary Venu Gopal - Director
- Tadikonda Ravi - Whole-Time Director
The primary industry of Innovare Labs Private Limited is pharma. The company specifically operates in api manufacturers. The company is currently active in this sector.
Innovare Labs Private Limited can be reached at the registered office: Plot No: 64 Road No: 5 Aleap Industrial Estate Gajularamaram Pragathi Nagar, Hyderabad, Telangana, India – 500090, or through the website innovarelabs.com.
The authorised capital is ₹20.5 Cr, and the paid-up capital is ₹20.17 Cr.