Innovate Securities Pvt Ltd - Company Profile

It is a financial services private limited company based in Ahmedabad, Gujarat, India, established in 1993.
1993 Ahmedabad, Gujarat, India Active
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About Innovate Securities Pvt Ltd

Innovate Securities Pvt Ltd, a active private limited company, was established on 22 October 1993 in Ahmedabad, Gujarat, India. Engaging in brokerage & trading services within the financial and insurance service sector, it holds CIN: U67120GJ1993PTC020487. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹3.63 Cr.

It upholds a compliant status. Its leadership includes Kashyap Rajendrabhai Mehta (Director), Pimal K Panchal (Whole-Time Director), Amar Manharlal Parikh (Managing Director). Past directors included Pimal K Panchal, Amar Manharlal Parikh, Piyush Manaharlal Parikh. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 1St Floor Devashish 39 Sardarpatel Nagar Ellishbridge, Ahmedabad, Gujarat, 380006.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U67120GJ1993PTC020487

  • Registration Number

    020487

  • Incorporation Date

    22 October 1993

  • Authorized Capital

    ₹4.00 Cr

  • Paid-Up Capital

    ₹3.63 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.63 Cr
  • Company Age 32 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -50.04%
  • Profit Growth **** -71.61%
  • Ebitda **** -66.97%
  • Net Worth 6.06%
  • Total Assets **** 2.53%
Company report

Innovate Securities Pvt Ltd

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Innovate Securities Pvt Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Innovate Securities Pvt Ltd?
Current Directors
Name Designation Appointment Date Status
Kashyap Rajendrabhai Mehta Director 15 Sep 1994 Current
Pimal K Panchal Whole-Time Director 23 Apr 2014 Current
Amar Manharlal Parikh Managing Director 22 Oct 1993 Current
Amit Prafulchandra Shah Whole-Time Director 21 Mar 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Feb 2015 Past
Pramod Abcsdd Whole-Time Director 01 Feb 2015 Past
Pramod Abcsdd Managing Director 23 Apr 2014 Past
Pramod Abcsdd Director 03 Sep 2007 Past
Pramod Abcsdd Director 10 Mar 2018 Past
Pramod Abcsdd Director 10 Mar 2018 Past

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Financial Performance of Innovate Securities.

Innovate Securities Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 50.04% decrease. The company also saw a substantial fall in profitability, with a 71.61% decrease in profit. The company's net worth moved up by a moderate rise of 6.06%.

Innovate Securities revenue growth over time
Innovate Securities profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -50.04%
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*******
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Revenue from Operations
*******
 -46.51%
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*******
*******
*******
Total Assets
*******
 2.53%
*******
*******
*******
*******
Profit or Loss
*******
 -71.61%
*******
*******
*******
*******
Net Worth
*******
 6.06%
*******
*******
*******
*******
EBITDA
*******
 -66.97%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Innovate Securities?

In 2023, Innovate Securities had a public holding of 32.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Innovate Securities?

Unlock and access historical data on people associated with Innovate Securities, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Innovate Securities, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Innovate Securities's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Innovate Securities
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Innovate Securities Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Innovate Securities Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.

  • Director Appointment

    Progress on Amit Prafulchandra Shah was appointed as a Whole-time director was appointed as a Whole-time director on 21 Mar 2018 & has been associated with this company since 8 years 2 months . was documented.

  • Director Appointment

    Pimal K Panchal was appointed as a Whole-time director was appointed as a Whole-time director on 23 Apr 2014 & has been associated with this company since 12 years 1 month . was recorded as a recent event.

  • Director Appointment

    Kashyap Rajendrabhai Mehta was appointed as a Director was appointed as a Director on 15 Sep 1994 & has been associated with this company since 31 years 8 months . was recorded as a recent event.

  • Director Appointment

    Amar Manharlal Parikh was appointed as a Managing Director was appointed as a Managing Director on 22 Oct 1993 & has been associated with this company since 32 years 7 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Innovate Securities Pvt Ltd?

The CIN of Innovate Securities Pvt Ltd is U67120GJ1993PTC020487.

Where is Innovate Securities Pvt Ltd headquartered?

Innovate Securities Pvt Ltd is headquartered at 1St Floor Devashish 39 Sardarpatel Nagar Ellishbridge, Ahmedabad, Gujarat, 380006.

When was Innovate Securities Pvt Ltd incorporated?

Innovate Securities Pvt Ltd was incorporated on 22 October 1993.

Who are the current directors of Innovate Securities Pvt Ltd?

The current directors of Innovate Securities Pvt Ltd are

What is the primary industry of Innovate Securities Pvt Ltd?

The primary industry of Innovate Securities Pvt Ltd is Financial And Insurance Service.

Is Innovate Securities Pvt Ltd a listed company?

Innovate Securities Pvt Ltd is unlisted.

What is the capital structure of Innovate Securities Pvt Ltd?

The authorized capital of Innovate Securities Pvt Ltd is ₹4.00 Cr, and the paid-up capital is ₹3.63 Cr.

What is the compliance status of Innovate Securities Pvt Ltd?

The compliance status of Innovate Securities Pvt Ltd is Compliant.

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