Innovate Micro Power System India Private Limited

Innovate Micro Power System India Private Limited - electrnoics in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U31904TN2021PTC142504 Incorporated 31 March 2021 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company electrnoics MSME · Micro
Revenue · FY 2024
₹40.59 Lakh
▲ 4% YoY
Net profit · FY 2024
₹50,883
Net margin 1.3%
EBITDA · FY 2024
₹70,243
EBITDA margin 1.7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Innovate Micro Power System India Private Limited

Data last updated:

Innovate Micro Power System India Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the electrical equipment manufacturing segment of the electronics sector. It was incorporated on 31 March 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31904TN2021PTC142504. Its GSTIN is 33AAGCI0898D1ZN (Tamil Nadu).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jayalakshmi and Urkavalaperomal Sermakani.

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 No 15 288 Nehru Street Andal Nagar Pammal Pallavaram, Chennai, Tamil Nadu, India – 600075.

As per the financials filed for FY 2024, the company reported a revenue of ₹40.59 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹50,883 (net margin 1.3%) and EBITDA of ₹70,243 (EBITDA margin 1.7%).

Innovate Micro Power System India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0067053).

Company details

CIN U31904TN2021PTC142504
Registration Number 142504
Incorporation Date 31 March 2021
ROC Chennai
Listing Status Unlisted
Company Status Active
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0067053

Recognitions & Rankings of Innovate Micro Power System India

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-TN-02-0067053

Contact details

Innovate Micro Power System India Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.

  • Email
  • Registered Address
    No 15 288 Nehru Street Andal Nagar Pammal Pallavaram, Chennai, Tamil Nadu, India – 600075
  • Industry
    Electrnoics, Electrical Equipment, Magnetic, Manufacturing

To see the full contact details of Innovate Micro Power System India Private Limited, buy the company report.

Comprehensive company report
Innovate Micro Power System India Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Innovate Micro Power System India is manufacturing. In detail, this covers manufacture of electrical equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing27Manufacture of electrical equipment

To see the full business activity and turnover split of Innovate Micro Power System India Private Limited, buy the company report.

Financials of Innovate Micro Power System India Private Limited

FY 2025 filings available

Innovate Micro Power System India Private Limited reported revenue of ₹40.59 Lakh (up 4% YoY) for FY 2024.

Revenue · FY 2024
₹40.59 Lakh ▲ 4%
Net profit · FY 2024
₹50,883 margin 1.3%
EBITDA · FY 2024
₹70,243 margin 1.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
EBITDA CAGR growth
1 year
▲ 39%

Revenue rose 4% in the latest year. EBITDA rose 39% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹70,243
Profit Before Tax
Tax Expense
Net Profit (PAT)₹50,883
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin1.7%
Net Profit Margin1.3%
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

To see the full financial statements and ratios of Innovate Micro Power System India Private Limited, buy the company report.

Board of directors of Innovate Micro Power System India Private Limited

Innovate Micro Power System India has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
JayalakshmiDirector31 Mar 20215 Years 7 MonthsCurrent
Urkavalaperomal SermakaniDirector31 Mar 20215 Years 7 MonthsCurrent

Peer comparison

Innovate Micro Power System India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (manufacture of electrical equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Hegde Manufacturing Solutions Private Limited₹41.34 Lakh (FY 2025)324.0%Bangalore, Karnataka, India
Divam Electrical & Contracts Private Limited₹41.34 Lakh (FY 2025)60.0%Delhi, India
Sprance Technologies Private Limited₹41.01 Lakh (FY 2024)-64.0%Pune, Maharashtra, India
Gokarbar Codemark Equipments Private Limited₹40.85 Lakh (FY 2025)-3.0%Nashik, Maharashtra, India
Roxvel Power System Private Limited₹40.71 Lakh (FY 2024)Delhi, India
Innovate Micro Power System India Private Limitedthis company₹40.59 Lakh (FY 2024)₹50,8831.3%4.0%Chennai, Tamil Nadu, India
Zip Engineers Private Limited₹40.31 Lakh (FY 2025)-61.0%Vasai, Maharashtra, India
Saico Multi Products Private Limited₹39.81 Lakh (FY 2024)37.0%Mumbai, Maharashtra, India
High Therm Heating Systems Private Limited₹39.57 Lakh (FY 2025)1492.0%Kannur, Kerala, India
G K Defence Systems Private Limited₹39.51 Lakh (FY 2025)1813.0%Faridabad, Haryana, India
Oskar4u Industry Private Limited₹39.38 Lakh (FY 2024)-6.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Innovate Micro Power System India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Innovate Micro Power System India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Innovate Micro Power System India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAGCI0898D1ZNTamil NaduActive13 Apr 2021

To see the full GST registrations and return filing status of Innovate Micro Power System India Private Limited, buy the company report.

Recent activity

Innovate Micro Power System India Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Jayalakshmi was appointed as Director on 31 Mar 2021.

AGM
Innovate Micro Power System India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innovate Micro Power System India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Jayalakshmi was appointed as Director.
Appointed
Urkavalaperomal Sermakani was appointed as Director.
Incorporation
31 Mar 2021
Innovate Micro Power System India Private Limited was registered on 31 Mar 2021 with Roc Chennai & aged 5 years 7 months as per MCA records.

Frequently asked questions

Innovate Micro Power System India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electrical equipment, within the electronics industry. It was incorporated on 31 March 2021 (5+ years old) and is registered under CIN U31904TN2021PTC142504.

Innovate Micro Power System India has 2 current directors:

The latest financial statements of Innovate Micro Power System India 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 FY 2021 are in the company report.

The GSTIN of Innovate Micro Power System India is 33AAGCI0898D1ZN, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Innovate Micro Power System India is U31904TN2021PTC142504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Innovate Micro Power System India was incorporated on 31 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Innovate Micro Power System India by revenue are Hegde Manufacturing Solutions Private Limited, Divam Electrical & Contracts Private Limited, Sprance Technologies Private Limited, Gokarbar Codemark Equipments Private Limited, Roxvel Power System Private Limited and 5 more, all in the same principal business activity (manufacture of electrical equipment).

Jayalakshmi was appointed as Director on 31 Mar 2021. Urkavalaperomal Sermakani was appointed as Director on 31 Mar 2021.

Yes, Innovate Micro Power System India is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0067053).

The registered office of Innovate Micro Power System India is at No 15 288 Nehru Street Andal Nagar Pammal Pallavaram, Chennai, Tamil Nadu, India – 600075.

Innovate Micro Power System India operates in the electronics industry, in the electrical equipment segment.