About Innovate Derivatives Private Limited
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Innovate Derivatives Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 10 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51100GJ2006PTC047708. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.45 Lakh. It is led by directors including Kashyap Rajendrabhai Mehta and Pimal K Panchal.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.05 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹2.79 Lakh (net margin -136.3%) and EBITDA of -₹2.79 Lakh (EBITDA margin -136.3%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three 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 innovatesec.com.
Company details
Contact details
Innovate Derivatives Private Limited's registered office is in Ahmedabad, Gujarat. Its website is innovatesec.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floor Devashish Complex 39 Sardar Patel Nagar Nr. Nest Hotel & Bawarchi Restaurant El, Lisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Innovate Derivatives 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 Innovate Derivatives is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Innovate Derivatives Private Limited, buy the company report.
Financials of Innovate Derivatives Private Limited
FY 2025 filings availableInnovate Derivatives Private Limited reported revenue of ₹2.05 Lakh (down 92% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 57% over three years, including a 92% fall in the latest year. EBITDA fell 114% 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 | -₹2.79 Lakh | ||||
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| Net Profit (PAT) | -₹2.79 Lakh | ||||
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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 | -136.3% | ||||
| Net Profit Margin | -136.3% | ||||
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To see the full financial statements and ratios of Innovate Derivatives Private Limited, buy the company report.
Board of directors of Innovate Derivatives Private Limited
Innovate Derivatives has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kashyap Rajendrabhai Mehta Also directs: Granula Masterbatches India Private Limited, Som Shiva (Impex) Limited, Innovate Securities Pvt Ltd and 1 more | Director | 13 Feb 2006 | 20 Years 8 Months | Current |
| Pimal K Panchal Also directs: Innovate Securities Pvt Ltd | Director | 15 Mar 2014 | 12 Years 7 Months | Current |
| Dimple Amar Parikh | Director | 28 Mar 2015 | 11 Years 7 Months | Current |
| Amar Manharlal Parikh Also directs: Innovate Securities Pvt Ltd | Director | 10 Feb 2006 | 20 Years 8 Months | Current |
Auditor
Innovate Derivatives Private Limited is audited by DIVYANG N PATEL & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DIVYANG N PATEL & CO | FY 2020 | 114712W |
Shareholding
The shareholding of Innovate Derivatives Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Innovate Derivatives Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovate Derivatives 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 Innovate Derivatives Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innovate Derivatives has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Innovate Derivatives Private Limited, buy the company report.
Recent activity
Innovate Derivatives Private Limited has 7 board changes on record since 2006: 4 appointments and 3 cessations. The latest: Cyrus Burjor Shroff ceased to be Director on 28 Mar 2015.
Frequently asked questions
Innovate Derivatives is an active private limited company based in Ahmedabad, Gujarat, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 10 February 2006 (20+ years old) and is registered under CIN U51100GJ2006PTC047708.
Innovate Derivatives has 4 current directors:
- Kashyap Rajendrabhai Mehta - Director
- Pimal K Panchal - Director
- Dimple Amar Parikh - Director
- Amar Manharlal Parikh - Director
The latest financial statements of Innovate Derivatives 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.
No. Innovate Derivatives has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Innovate Derivatives is U51100GJ2006PTC047708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovate Derivatives was incorporated on 10 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Cyrus Burjor Shroff ceased to be Director on 28 Mar 2015. Dilip Mahendrabhai Shah ceased to be Director on 28 Mar 2015. Dimple Amar Parikh was appointed as Director on 28 Mar 2015. Innovate Derivatives has 7 board changes on record in total.
Innovate Derivatives can be reached through the website innovatesec.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Innovate Derivatives is at 1st Floor Devashish Complex 39 Sardar Patel Nagar Nr. Nest Hotel & Bawarchi Restaurant El, Lisbridge, Ahmedabad, Gujarat, India – 380006.
Innovate Derivatives operates in the financial services industry, in the brokerage and trading services segment.