Innovate Constro Tech Private Limited
About Innovate Constro Tech Private Limited
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Innovate Constro Tech Private Limited is a private limited company based in Ahmednagar, Maharashtra, India. It operates in the building installation services segment of the construction sector. It was incorporated on 04 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45309PN2020PTC191681.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chandrachud Dhondiram Dhorkule and Yogesh Arvind Puranik.
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 Sr. No. 6/1 Plot No. 22 Shree Sai Apartment Link Road Bhushan Nagar, Ahmednagar, Maharashtra, India – 414001.
As per the financials filed for FY 2023, the company reported a revenue of ₹26.81 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net profit of ₹1.22 Lakh (net margin 4.6%) and EBITDA of ₹1.28 Lakh (EBITDA margin 4.8%).
The company has about 2 employees on its provident fund (EPFO) records.
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- Registered AddressSr. No. 6/1 Plot No. 22 Shree Sai Apartment Link Road Bhushan Nagar, Ahmednagar, Maharashtra, India – 414001
- IndustryConstruction, Building Installation, Other Building Installation
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Innovate Constro Tech is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | 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
Financials of Innovate Constro Tech Private Limited
FY 2023 filings availableInnovate Constro Tech Private Limited reported revenue of ₹26.81 Lakh (down 87% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 87% in the latest year. EBITDA fell 84% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2020-21 to FY 2021-22in the company report |
|---|---|---|
| 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 | ₹1.28 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹1.22 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
| Metrics | FY 2022-23 | FY 2020-21 to FY 2021-22in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 4.8% | |
| Net Profit Margin | 4.6% | |
| 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, and every line for FY 2020-21 to FY 2021-22, 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 Innovate Constro Tech are in the company report.
: available in the company report
Board of Directors of Innovate Constro Tech Private Limited
Innovate Constro Tech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrachud Dhondiram Dhorkule Also directs: Aspire Plastics Private Limited | Director | 04 Jul 2020 | 6 Years 3 Months | Current |
| Yogesh Arvind Puranik Also directs: Aspire Plastics Private Limited | Director | 04 Jul 2020 | 6 Years 3 Months | Current |
Peer Comparison
Innovate Constro Tech Private Limited is compared with the companies closest to it by revenue in the same principal business activity (buildings). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rkmishra Constructions (OPC) Private Limited | ₹26.84 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | Motihari, Bihar, India |
| Niyati Builders Private Limited | ₹26.84 Lakh (FY 2025) | •••• | •••• | -66.0% | •••• | Ganjam, Odisha, India |
| Prima Quest Solutions Private Limited | ₹26.83 Lakh (FY 2024) | •••• | •••• | 313.0% | •••• | Kolkata, West Bengal, India |
| Laxmi Capital Development Private Limited | ₹26.82 Lakh (FY 2025) | •••• | •••• | •••• | Agra, Uttar Pradesh, India | |
| SVS Nirmaan Private Limited | ₹26.82 Lakh (FY 2023) | •••• | •••• | -87.0% | •••• | Medchal, Telangana, India |
| Innovate Constro Tech Private Limited this company | ₹26.81 Lakh (FY 2023) | •••• | •••• | -87.0% | •••• | Ahmednagar, Maharashtra, India |
| Civtech Projects Private Limited | ₹26.8 Lakh (FY 2015) | •••• | •••• | 26.0% | •••• | Kolkata, West Bengal, India |
| Vandemataram Projects Private Limited | ₹26.77 Lakh (FY 2024) | •••• | •••• | -93.0% | •••• | Ahmedabad, Gujarat, India |
| Parmpriraj Infracon Private Limited | ₹26.77 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Noida, Uttar Pradesh, India |
| Vikram Structures Private Limited | ₹26.73 Lakh (FY 2022) | •••• | •••• | -100.0% | •••• | Bengaluru, Karnataka, India |
| A S Construction Builder and Developers Private Limited | ₹26.72 Lakh (FY 2024) | •••• | •••• | 59128.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the companies nearest to Innovate Constro Tech by revenue, above and below it, in the same principal business activity (buildings), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings
Innovate Constro Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Innovate Constro Tech.
: available in the company report
Recent Activity
Innovate Constro Tech Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Chandrachud Dhondiram Dhorkule was appointed as Director on 04 Jul 2020.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Innovate Constro Tech is an active private limited company based in Ahmednagar, Maharashtra, India. The company works in building installation, within the construction industry. It was incorporated on 04 July 2020 (6+ years old) and is registered under CIN U45309PN2020PTC191681.
Innovate Constro Tech has 2 current directors:
- Chandrachud Dhondiram Dhorkule - Director
- Yogesh Arvind Puranik - Director
The latest financial statements of Innovate Constro Tech on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Innovate Constro Tech is U45309PN2020PTC191681. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovate Constro Tech was incorporated on 04 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Innovate Constro Tech by revenue are Rkmishra Constructions (OPC) Private Limited, Niyati Builders Private Limited, Prima Quest Solutions Private Limited, Laxmi Capital Development Private Limited, SVS Nirmaan Private Limited and 5 more, all in the same principal business activity (buildings).
Chandrachud Dhondiram Dhorkule was appointed as Director on 04 Jul 2020. Yogesh Arvind Puranik was appointed as Director on 04 Jul 2020.
The registered office of Innovate Constro Tech is at Sr. No. 61 Plot No. 22 Shree Sai Apartment Link Road Bhushan Nagar, Ahmednagar, Maharashtra, India – 414001.
Innovate Constro Tech operates in the construction industry, in the building installation segment.
Innovate Constro Tech can be reached at its registered office: Sr. No. 61 Plot No. 22 Shree Sai Apartment Link Road Bhushan Nagar, Ahmednagar, Maharashtra, India – 414001.
Innovate Constro Tech is registered under the jurisdiction of the Registrar of Companies (ROC), Pune.