About Innovate Technologies Private Limited
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Innovate Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the health and beauty retail and distribution segment of the consumer goods sector. It was incorporated on 15 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U62099MH2009PTC194084. Its GSTIN is 27AABCL6357M1Z1 (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Munmun Mookherjee and Dhananjay Kumar.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.34 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹65.24 Lakh (net margin 2.4%) and EBITDA of ₹87.57 Lakh (EBITDA margin 3.2%).
The company is associated with 1 brand: Lyra Health.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lyrahealth.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Apps
- Registered Address703 Beach Apartment Seven Bunglows, J P Road Versova Andheri West, Mumbai, Maharashtra, India – 400061
- IndustryConsumer Goods, Health & Beauty Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Innovate Technologies Private Limited
The main business activity of Innovate Technologies is human health and social work activities. In detail, this covers human health activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Human health and social work activities | 86 | Human health activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Innovate Technologies Private Limited FY 2025 filings available
Innovate Technologies Private Limited reported revenue of ₹27.34 Cr (up 10719% YoY) for FY 2025.
Financial Statement Summary of Innovate Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹27.34 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹87.57 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹65.24 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Innovate Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Innovate Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Innovate Technologies Private Limited
Innovate Technologies Private Limited is compared with the companies closest to it by revenue in the Education industry (Application Development, E Learning). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Oodles Technologies Private Limited | •••• | •••• | •••• | •••• | 97 | Gurugram, Haryana, India |
| Wave Online Infoway Private Limited | •••• | •••• | •••• | •••• | 10 | Ernakulam, Kerala, India |
| Talent Unlimited Online Services Private Limited | •••• | •••• | •••• | •••• | 59 | New Delhi, Delhi, India |
| Vicon Security Tech Private Limited | •••• | •••• | •••• | •••• | 105 | Mumbai, Maharashtra, India |
| Poornam Info Vision Private Limited | •••• | •••• | •••• | •••• | 326 | Ernakulam, Kerala, India |
| Innovate Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Mallow Technologies Private Limited | •••• | •••• | •••• | •••• | 222 | Karur, Tamil Nadu, India |
| Commlab India LLP | •••• | •••• | •••• | •••• | 122 | Secunderabad, Telangana, India |
| Titan Intech Limited Listed | •••• | •••• | •••• | •••• | - | Vijayawada (Urban), Andhra Pradesh, India |
| Clazar Tech Private Limited | •••• | •••• | •••• | •••• | - | Sector -45, Haryana, India |
| Aaft Elearn Private Limited | •••• | •••• | •••• | •••• | 33 | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Innovate Technologies by revenue in the Education industry (Application Development, E Learning), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Innovate Technologies Private Limited
Innovate Technologies Private Limited is audited by JAIN SINGH & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAIN SINGH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Innovate Technologies Private Limited
Innovate Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Munmun Mookherjee | Director | 16 Nov 2022 | 3 Years 10 Months | Current |
| Dhananjay Kumar Also directs: Shezar Web Technologies Private Limited, Shezar Edubox Private Limited, Babyfield Creations Private Limited and 1 more | Director | 31 Oct 2011 | 14 Years 11 Months | Current |
Ownership and Shareholding of Innovate Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Innovate Technologies Private Limited
Innovate Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Innovate Technologies Private Limited
Innovate Technologies operates one associated brand: Lyra Health. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-powered mental health benefits for employers are provided. | lyrahealth.com |
Employees and EPFO Compliance at Innovate Technologies Private Limited
Employment history and EPFO contributions of people linked to Innovate Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Innovate Technologies Private Limited
Innovate Technologies has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U62099MH2009PTC194084, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62099MH2009PTC194084 | Current |
| U51109MH2009PTC194084 | Previous |
| U47410MH2009PTC194084 | Previous |
Recent Activity on Innovate Technologies Private Limited
Innovate Technologies Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Munmun Mookherjee ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Innovate Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Innovate Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Innovate Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Innovate Technologies Private Limited
Innovate Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCL6357M1Z1 | Maharashtra | Active | 26 Mar 2024 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Innovate Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Innovate Technologies Private Limited
Innovate Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in health and beauty retail and distribution, within the consumer goods industry. It was incorporated on 15 July 2009 (17+ years old) and is registered under CIN U62099MH2009PTC194084.
Innovate Technologies reported revenue of ₹27.34 Cr for FY 2025 (up 10719% YoY).
Innovate Technologies has 2 current directors:
- Munmun Mookherjee - Director
- Dhananjay Kumar - Director
Innovate Technologies reported a net profit of ₹65.24 Lakh (net margin 2.4%) and EBITDA of ₹87.57 Lakh (EBITDA margin 3.2%) for FY 2025, as per its filed financial statements.
The GSTIN of Innovate Technologies is 27AABCL6357M1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Innovate Technologies is U62099MH2009PTC194084. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovate Technologies was incorporated on 15 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Innovate Technologies by revenue are Oodles Technologies Private Limited, Wave Online Infoway Private Limited, Talent Unlimited Online Services Private Limited, Vicon Security Tech Private Limited, Poornam Info Vision Private Limited and 5 more, all in the Education industry (Application Development, E Learning).
Munmun Mookherjee ceased to be Additional Director on 29 Sep 2023. Ayalur Kodakara Gokulan ceased to be Director on 16 Nov 2022. Munmun Mookherjee was appointed as Director on 16 Nov 2022. Innovate Technologies has 6 board changes on record in total.
Innovate Technologies can be reached through the website lyrahealth.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Innovate Technologies is at 703 Beach Apartment Seven Bunglows, J P Road Versova Andheri West, Mumbai, Maharashtra, India – 400061.