About Innovare Retails Private Limited
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Innovare Retails Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment 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), Mumbai, under CIN U52100MH2015PTC260625. Its GSTIN is 27AADCI7135A1ZX (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rohit Vedi and Anju Rohit Vedi.
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 Flat No – 602 Skylark Apartments Plot No – 8B Sector – 06 Kharghar, Navi Mumbai, Maharashtra, India – 410210.
As per the financials filed for FY 2025, the company reported a revenue of ₹70.38 Lakh, a growth of 33% compared to the previous year. For the same year it recorded a net loss of ₹8,964 (net margin -0.1%) and EBITDA of ₹98,929 (EBITDA margin 1.4%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovareretails.com.
Company details
Contact details
Innovare Retails Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is innovareretails.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No – 602 Skylark Apartments Plot No – 8B Sector – 06 Kharghar, Navi Mumbai, Maharashtra, India – 410210
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Innovare Retails Private Limited, buy the company report.
- 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
Business activity
The main business activity of Innovare Retails is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Innovare Retails Private Limited, buy the company report.
Financials of Innovare Retails Private Limited
FY 2025 filings availableInnovare Retails Private Limited reported revenue of ₹70.38 Lakh (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 33% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 120% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹98,929 | ||||
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| Net Profit (PAT) | -₹8,964 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1.4% | ||||
| Net Profit Margin | -0.1% | ||||
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To see the full financial statements and ratios of Innovare Retails Private Limited, buy the company report.
Board of directors of Innovare Retails Private Limited
Innovare Retails has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Vedi | Director | 05 Jan 2015 | 11 Years 9 Months | Current |
| Anju Rohit Vedi | Director | 05 Jan 2015 | 11 Years 9 Months | Current |
Peer comparison
Innovare Retails Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trade, except of motor vehicles and motorcycles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| K.P. Printocraft Private Limited | ₹70.8 Lakh (FY 2025) | 3.0% | Delhi, India | |||
| Zerofour E Marketing Private Limited | ₹70.73 Lakh (FY 2025) | 27.0% | Cuttack, Odisha, India | |||
| Apshoes International Private Limited | ₹70.64 Lakh (FY 2025) | 1.0% | Baikunthpur, Uttar Pradesh, India | |||
| Kif Solutions Private Limited | ₹70.52 Lakh (FY 2025) | -28.0% | Jaipur, Rajasthan, India | |||
| Brain Sharper Learning Solutions Private Limited | ₹70.43 Lakh (FY 2025) | 3.0% | Bharatpur, Rajasthan, India | |||
| Innovare Retails Private Limitedthis company | ₹70.38 Lakh (FY 2025) | -₹8,964 | -0.1% | 33.0% | Navi Mumbai, Maharashtra, India | |
| Beaded & Embroideries Private Limited | ₹70.37 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Vnsa Marketing Private Limited | ₹70.33 Lakh (FY 2025) | 12.0% | Bangalore, Karnataka, India | |||
| Atlanta Fasteners Impex Private Limited | ₹70.31 Lakh (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| PLM Sales India Private Limited | ₹70.25 Lakh (FY 2024) | 67.0% | Delhi, India | |||
| B2k Navya Collections Private Limited | ₹70.24 Lakh (FY 2025) | 35902.0% | Bishnupur, West Bengal, India |
To see the full peer comparison of Innovare Retails Private Limited, buy the company report.
Auditor
Innovare Retails Private Limited is audited by J ACHARYA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J ACHARYA & ASSOCIATES | FY 2021 | 011503C |
Shareholding
The shareholding of Innovare Retails Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Innovare Retails Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovare Retails Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Innovare Retails Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innovare Retails has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI7135A1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Innovare Retails Private Limited, buy the company report.
Recent activity
Innovare Retails Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Anju Rohit Vedi was appointed as Director on 05 Jan 2015.
Frequently asked questions
Innovare Retails is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 05 January 2015 (11+ years old) and is registered under CIN U52100MH2015PTC260625.
Innovare Retails has 2 current directors:
- Rohit Vedi - Director
- Anju Rohit Vedi - Director
The latest financial statements of Innovare Retails 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 Innovare Retails is 27AADCI7135A1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Innovare Retails is U52100MH2015PTC260625. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovare Retails was incorporated on 05 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Innovare Retails by revenue are K.P. Printocraft Private Limited, Zerofour E Marketing Private Limited, Apshoes International Private Limited, Kif Solutions Private Limited, Brain Sharper Learning Solutions Private Limited and 5 more, all in the same principal business activity (retail trade, except of motor vehicles and motorcycles).
Anju Rohit Vedi was appointed as Director on 05 Jan 2015. Rohit Vedi was appointed as Director on 05 Jan 2015.
Innovare Retails can be reached through the website innovareretails.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Innovare Retails is at Flat No – 602 Skylark Apartments Plot No – 8B Sector – 06 Kharghar, Navi Mumbai, Maharashtra, India – 410210.
Innovare Retails operates in the machinery and equipment industry, in the industrial products retail and distribution segment.
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