About Innovate Software Solutions Private Limited
Data last updated: 25 February 2026
Innovate Software Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It specialises in online electronics retail, a part of the broader e-commerce sector. Incorporated on 12 November 2001, the company has been in operation for over 25 years.
Registered with ROC Bangalore under CIN U72900KA2001PTC029753.
Capital: an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Vijayalakshmi Rugmani and Prabhakaran Manjunath.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: # 54 2Nd Floor 2Nd Main Road 1St Block Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.75 Cr, a decline of 52% compared to the previous year.
As per MCA filings, the company has satisfied charges of ₹45 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovatesolutions.net.
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Registered Address# 54 2Nd Floor 2Nd Main Road 1St Block Koramangala, Bangalore, Karnataka, India – 560034
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IndustryE-Commerce, Online Electronics Retail
- Historical Financials and ratios
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- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Innovate Software Solutions Private Limited
Innovate Software Solutions Private Limited is engaged in the principal business activity of trade, with detailed activities including retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details for Innovate Software Solutions Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Innovate Software Solutions Private Limited
Innovate Software Solutions Private Limited is audited by P V MENON & ASSOCIATES for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P V MENON & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Innovate Software Solutions Private Limited
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Board of Directors of Innovate Software Solutions Private Limited
Innovate Software Solutions Private Limited is governed by 2 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Vijayalakshmi Rugmani
Also directs:
Galieosoft Private Limited
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Director | 17 Jul 2002 | 24 Years 1 Months | Current |
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Prabhakaran Manjunath
Also directs:
Galieosoft Private Limited
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Managing Director | 12 Nov 2001 | 24 Years 9 Months | Current |
Financials of Innovate Software Solutions Private Limited FY 2025 filings available
Innovate Software Solutions Private Limited reported revenue of ₹2.75 Cr (down 52.00% YoY) for FY 2024.
Ten-year financial statements for Innovate Software Solutions Private Limited
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Ownership and Shareholding of Innovate Software Solutions Private Limited
Shareholding and ownership data for Innovate Software Solutions Private Limited
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Charges & Borrowings of Innovate Software Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Sep 2011 | Oriental Bank of Commerce | ₹45 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Innovate Software Solutions Private Limited
View historical data on people associated with Innovate Software Solutions Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Innovate Software Solutions Private Limited
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GST Compliance of Innovate Software Solutions Private Limited
GST registrations and filing compliance for Innovate Software Solutions Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Innovate Software Solutions Private Limited
Credit ratings, litigation, and regulatory alerts for Innovate Software Solutions Private Limited
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MSME Payment Delays by Innovate Software Solutions Private Limited
MSME payment history for Innovate Software Solutions Private Limited
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Subsidiaries & Group Companies of Innovate Software Solutions Private Limited
Corporate group structure for Innovate Software Solutions Private Limited
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MCA Filings & Documents of Innovate Software Solutions Private Limited
MCA filings and documents for Innovate Software Solutions Private Limited
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Recent Activity on Innovate Software Solutions Private Limited
Frequently Asked Questions about Innovate Software Solutions Private Limited
Innovate Software Solutions Private Limited is an active private limited company in the e-commerce sector based in Bangalore, Karnataka, India. It was incorporated on 12 November 2001 (25+ years old) and is registered under CIN U72900KA2001PTC029753.
Innovate Software Solutions Private Limited reported revenue of ₹2.75 Cr for FY 2024 (down 52.00% YoY).
The current directors of Innovate Software Solutions Private Limited are:
- Vijayalakshmi Rugmani - Director
- Prabhakaran Manjunath - Managing Director
The primary industry of Innovate Software Solutions Private Limited is e-commerce. The company specifically operates in online electronics retail. The company is currently active in this sector.
Innovate Software Solutions Private Limited can be reached at the registered office: # 54 2Nd Floor 2Nd Main Road 1St Block Koramangala, Bangalore, Karnataka, India – 560034, or through the website innovatesolutions.net.
The authorised capital is ₹5 Lakh, and the paid-up capital is ₹5 Lakh.