About Innovate Securities Pvt Ltd
Data last updated: 25 February 2026
Innovate Securities Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It specialises in brokerage and trading services, a part of the broader financial services sector. Incorporated on 22 October 1993, the company has been in operation for over 33 years.
Registered with ROC Ahmedabad under CIN U67120GJ1993PTC020487.
Capital: an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.63 Cr. It is led by directors including Kashyap Rajendrabhai Mehta and Pimal K Panchal.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 1St Floor Devashish 39 Sardarpatel Nagar Ellishbridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.99 Cr, a decline of 19% compared to the previous year.
The company is associated with 1 brand - Innovate Securities.
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.
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Registered Address1St Floor Devashish 39 Sardarpatel Nagar Ellishbridge, Ahmedabad, Gujarat, India – 380006
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IndustryFinancial Services, Brokerage & Trading Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Innovate Securities Pvt Ltd
Innovate Securities Pvt Ltd operates one associated brand: Innovate Securities. These brands represent Innovate Securities Pvt Ltd's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Securities broking and depository services are provided in the capital market. | innovatesec.com |
Business Activity of Innovate Securities Pvt Ltd
Innovate Securities Pvt Ltd is engaged in the principal business activity of financial and insurance service, with detailed activities including financial advisory, brokerage and consultancy services, other financial activities. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Innovate Securities Pvt Ltd
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Innovate Securities Pvt Ltd
Innovate Securities Pvt Ltd is audited by Divyang N. Patel & Co. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Divyang N. Patel & Co. | Locked | Locked | Locked |
Complete auditor history for Innovate Securities Pvt Ltd
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Innovate Securities Pvt Ltd
Innovate Securities Pvt Ltd is currently managed by 4 directors, with 6 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Kashyap Rajendrabhai Mehta
Also directs:
Granula Masterbatches India Private Limited, Innovate Derivatives Private Limited, Som Shiva (Impex) Limited and 1 more
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Director | 15 Sep 1994 | 31 Years 9 Months | Current |
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Pimal K Panchal
Also directs:
Innovate Derivatives Private Limited
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Whole-Time Director | 23 Apr 2014 | 12 Years 2 Months | Current |
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Amar Manharlal Parikh
Also directs:
Innovate Derivatives Private Limited
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Managing Director | 22 Oct 1993 | 32 Years 8 Months | Current |
| Amit Prafulchandra Shah | Whole-Time Director | 21 Mar 2018 | 8 Years 3 Months | Current |
Financials of Innovate Securities Pvt Ltd FY 2025 filings available
Innovate Securities Pvt Ltd reported revenue of ₹6.99 Cr (down 19.00% YoY) for FY 2025.
Ten-year financial statements for Innovate Securities Pvt Ltd
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Innovate Securities Pvt Ltd
Shareholding and ownership data for Innovate Securities Pvt Ltd
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings Innovate Securities Pvt Ltd
Innovate Securities Pvt Ltd does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Innovate Securities Pvt Ltd
View historical data on people associated with Innovate Securities Pvt Ltd, including employment history and EPFO contributions.
Employee and EPFO history for Innovate Securities Pvt Ltd
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Innovate Securities Pvt Ltd
GST registrations and filing compliance for Innovate Securities Pvt Ltd
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
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Credit Ratings, Litigation & Regulatory Alerts for Innovate Securities Pvt Ltd
Credit ratings, litigation, and regulatory alerts for Innovate Securities Pvt Ltd
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Innovate Securities Pvt Ltd
MSME payment history for Innovate Securities Pvt Ltd
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
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Subsidiaries & Group Companies of Innovate Securities Pvt Ltd
Corporate group structure for Innovate Securities Pvt Ltd
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Innovate Securities Pvt Ltd
MCA filings and documents for Innovate Securities Pvt Ltd
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Innovate Securities Pvt Ltd
Frequently Asked Questions about Innovate Securities Pvt Ltd
Innovate Securities Pvt Ltd is an active private limited company in the financial services sector based in Ahmedabad, Gujarat, India. It was incorporated on 22 October 1993 (33+ years old) and is registered under CIN U67120GJ1993PTC020487.
Innovate Securities Pvt Ltd reported revenue of ₹6.99 Cr for FY 2025 (down 19.00% YoY).
The current directors of Innovate Securities Pvt Ltd are:
- Kashyap Rajendrabhai Mehta - Director
- Pimal K Panchal - Whole-Time Director
- Amar Manharlal Parikh - Managing Director
- Amit Prafulchandra Shah - Whole-Time Director
The primary industry of Innovate Securities Pvt Ltd is financial services. The company specifically operates in brokerage and trading services. The company is currently active in this sector.
Innovate Securities Pvt Ltd can be reached at the registered office: 1St Floor Devashish 39 Sardarpatel Nagar Ellishbridge, Ahmedabad, Gujarat, India – 380006, or through the website innovatesec.com.
The authorised capital is ₹4 Cr, and the paid-up capital is ₹3.63 Cr.