Innovate Tax Private Limited - Company Profile

It is a business services foreign private limited company based in Vadodara, Gujarat, India, established in 2020.
2020 Vadodara, Gujarat, India Active
Last Updated:
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About Innovate Tax Private Limited

Innovate Tax Private Limited, a active foreign private limited company, was established on 27 January 2020 in Vadodara, Gujarat, India. Engaging in business support services within the information and communication sector, it holds CIN: U93090GJ2020FTC112306. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

Employing 12 professional, Its leadership includes Chirag Indravadan Patel (Director), Nathan Farmer (Director), Andrew Bohnet (Director). Past directors included Chirag Indravadan Patel, Kapil Bhavnani. Its latest AGM occurred on 24 September 2025, with the balance sheet filed on 31 March 2025. It is based at Office No.-805, 8Th Floor, Neptune Edge Neptune Campus, Dr. V.S Road, Vadodara, Gujarat, 390007.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U93090GJ2020FTC112306

  • Registration Number

    112306

  • Incorporation Date

    27 January 2020

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 28 Days
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** 18.01%
  • Profit Growth **** 21.99%
  • Ebitda **** 11.18%
  • Net Worth 85.38%
  • Total Assets **** 57.55%
Company report

Innovate Tax Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Innovate Tax Private Limited — 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 Tax Private Limited?
Current Directors
Name Designation Appointment Date Status
Chirag Indravadan Patel Director 09 Sep 2022 Current
Nathan Farmer Director 27 Jan 2020 Current
Andrew Bohnet Director 27 Jan 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 26 Sep 2022 Past
Pramod Abcsdd Director 09 Sep 2022 Past

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Financial Performance of Innovate Tax.

Innovate Tax Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.01% increase. The company also saw a substantial improvement in profitability, with a 21.99% increase in profit. The company's net worth Soared by an impressive increase of 85.38%.

Innovate Tax revenue growth over time
Innovate Tax profit and loss trends over time
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Jul, 2021 Amount Post-IPO - Grab Valuation

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Emtek
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Signite Partners
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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
********
 18.01%
*******
*******
*******
*******
Revenue from Operations
*******
 17.06%
*******
*******
*******
*******
Total Assets
*******
 57.55%
*******
*******
*******
*******
Profit or Loss
*******
 21.99%
*******
*******
*******
*******
Net Worth
*******
 85.38%
*******
*******
*******
*******
EBITDA
*******
 11.18%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Innovate Tax?

In 2023, Innovate Tax had a promoter holding of 99.99% and a public holding of 0.01%. 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 Tax?

Innovate Tax has a workforce of 12 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Tax, 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 Tax'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 Tax
Recent Activity within the Organization
  • Annual General Meeting

    The activity Innovate Tax Private Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Innovate Tax Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.

  • Director Appointment

    Progress on Chirag Indravadan Patel was appointed as a Director was appointed as a Director on 09 Sep 2022 & has been associated with this company since 3 years 5 months . was documented.

  • Director Appointment

    Nathan Farmer was appointed as a Director was appointed as a Director on 27 Jan 2020 & has been associated with this company since 6 years 28 days . was recorded as a recent event.

  • Director Appointment

    The activity Andrew Bohnet was appointed as a Director was appointed as a Director on 27 Jan 2020 & has been associated with this company since 6 years 28 days . was completed.

  • Company Incorporation

    The activity Innovate Tax Private Limited was registered on 27 Jan 2020 with Roc Ahmedabad & aged 6 years 28 days as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Innovate Tax Private Limited?

The CIN of Innovate Tax Private Limited is U93090GJ2020FTC112306.

Where is Innovate Tax Private Limited headquartered?

Innovate Tax Private Limited is headquartered at Office No.-805, 8Th Floor, Neptune Edge Neptune Campus, Dr. V.S Road, Vadodara, Gujarat, 390007.

When was Innovate Tax Private Limited incorporated?

Innovate Tax Private Limited was incorporated on 27 January 2020.

Who are the current directors of Innovate Tax Private Limited?

The current directors of Innovate Tax Private Limited are

What is the primary industry of Innovate Tax Private Limited?

The primary industry of Innovate Tax Private Limited is Information And Communication.

Is Innovate Tax Private Limited a listed company?

Innovate Tax Private Limited is unlisted.

What is the capital structure of Innovate Tax Private Limited?

The authorized capital of Innovate Tax Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

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