Innovate Life Solutions Private Limited
About Innovate Life Solutions Private Limited
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Innovate Life Solutions Private Limited is a foreign private limited company based in Bangalore, Karnataka, India. It operates in the rental and leasing services segment of the industrial equipment and machinery sector. It was incorporated on 23 June 2024.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U71200KA2024FTC190007.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suru Meenu and Seshachalam Elangovan.
Its last annual general meeting (AGM) was held on 28 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.15 Lakh. For the same year it recorded a net profit of ₹50,359 (net margin 3.3%) and EBITDA of ₹68,715 (EBITDA margin 4.5%).
Company details
Contact details
Innovate Life Solutions Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressGayathri Lakefront Hebbal, Junction Ring Road, Bangalore, Karnataka, India – 560024
- IndustryEquipment & Machinery, Renting, Machinery & Equipment
- 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
Financials of Innovate Life Solutions Private Limited
FY 2025 filings availableInnovate Life Solutions Private Limited reported revenue of ₹15.15 Lakh for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
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| EBITDA | ₹68,715 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹50,359 |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
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| Investments | |
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Financial Ratios
| Metrics | FY 2024-25 |
|---|---|
| Profitability | |
| EBITDA Margin | 4.5% |
| Net Profit Margin | 3.3% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
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| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
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To see the full financial statements and ratios of Innovate Life Solutions Private Limited, buy the company report.
Board of directors of Innovate Life Solutions Private Limited
Innovate Life Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suru Meenu | Director | 23 Jun 2024 | 2 Years 4 Months | Current |
| Seshachalam Elangovan | Director | 23 Jun 2024 | 2 Years 4 Months | Current |
Peer comparison
Innovate Life Solutions Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Services industry (Professional Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Panacea Bioedge Private Limited | ₹15.2 Lakh (FY 2024) | -92.0% | New Delhi, Delhi, India | |||
| Gruhamtiamore Private Limited | ₹15.19 Lakh (FY 2025) | -79.0% | Bengaluru, Karnataka, India | |||
| VGK Trueman Consultancy Private Limited | ₹15.19 Lakh (FY 2025) | -71.0% | Aurangabad, Maharashtra, India | |||
| Two43 Solutions Private Limited | ₹15.19 Lakh (FY 2025) | 640.0% | Bangalore, Karnataka, India | |||
| Jupiter Consultants (India) Private Limited | ₹15.16 Lakh (FY 2025) | 123.0% | Bhopal, Madhya Pradesh, India | |||
| Innovate Life Solutions Private Limitedthis company | ₹15.15 Lakh (FY 2025) | ₹50,359 | 3.3% | Bangalore, Karnataka, India | ||
| Hyderabad Company Registration Services Private Limited | ₹15.15 Lakh (FY 2025) | 179.0% | Hyderabad, Telangana, India | |||
| Biogrowth Lab Services India Private Limited | ₹15.14 Lakh (FY 2024) | 366.0% | Chennai, Tamil Nadu, India | |||
| Niranjana Properties Private Limited | ₹15.13 Lakh (FY 2025) | 34.0% | Jaipur, Rajasthan, India | |||
| Asr Spares and Households Private Limited | ₹15.12 Lakh (FY 2025) | 10.0% | Delhi, India | |||
| Clairvoyant Professionals Private Limited | ₹15.11 Lakh (FY 2024) | 96.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Innovate Life Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovate Life Solutions 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 Life Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Innovate Life Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Innovate Life Solutions Private Limited has 2 board changes on record since 2024: 2 appointments. The latest: Seshachalam Elangovan was appointed as Director on 23 Jun 2024.
Frequently asked questions
Innovate Life Solutions is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in renting, within the equipment and machinery industry. It was incorporated on 23 June 2024 (2+ years old) and is registered under CIN U71200KA2024FTC190007.
Innovate Life Solutions has 2 current directors:
- Suru Meenu - Director
- Seshachalam Elangovan - Director
The latest financial statements of Innovate Life Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 September 2025. Year-wise statements from FY 2025 are in the company report.
The CIN (Corporate Identification Number) of Innovate Life Solutions is U71200KA2024FTC190007. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovate Life Solutions was incorporated on 23 June 2024, making it 2+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Innovate Life Solutions by revenue are Panacea Bioedge Private Limited, Gruhamtiamore Private Limited, VGK Trueman Consultancy Private Limited, Two43 Solutions Private Limited, Jupiter Consultants (India) Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
Seshachalam Elangovan was appointed as Director on 23 Jun 2024. Suru Meenu was appointed as Director on 23 Jun 2024.
The registered office of Innovate Life Solutions is at Gayathri Lakefront Hebbal, Junction Ring Road, Bangalore, Karnataka, India – 560024.
Innovate Life Solutions operates in the equipment and machinery industry, in the renting segment.
Innovate Life Solutions can be reached at its registered office: Gayathri Lakefront Hebbal, Junction Ring Road, Bangalore, Karnataka, India – 560024.
Innovate Life Solutions is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
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