MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0235603
Innovatech Switching Power India Private Limited - engineering in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1.79 Cr
▲ 49% YoY
Net profit · FY 2023
₹24.11 Lakh
Net margin 13.5%
EBITDA · FY 2023
₹41.02 Lakh
EBITDA margin 23%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹26.7 Lakh
Secured borrowings
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
About Innovatech Switching Power India Private Limited
Data last updated:
Innovatech Switching Power India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 18 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2008PTC047474. Its GSTIN is 29AABCI9547G2Z6 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramkumar Rajarathnam (Managing Director) and Sunanda Ramkumar Rajarathnam.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.79 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹24.11 Lakh (net margin 13.5%) and EBITDA of ₹41.02 Lakh (EBITDA margin 23%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 64% over five years.
The company is associated with 1 brand: Innovatech Switching Power India Private Limited. As per MCA filings, the company has open charges of ₹26.7 Lakh on record.
Innovatech Switching Power India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0235603). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ispipl.com.
Company details
CIN U74140KA2008PTC047474
Registration Number 047474
Incorporation Date 18 August 2008
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0235603
Recognitions & Rankings of Innovatech Switching Power India
Contact details
Innovatech Switching Power India Private Limited's registered office is in Bangalore, Karnataka. Its website is ispipl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#191 Ground Floor 5th Main Road, 14th Cross Road Vyalikaval, Bangalore, Karnataka, India – 560003
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Innovatech Switching Power India Private Limited, buy the company report.
Comprehensive company report
Innovatech Switching Power India Private Limited - one report that includes everything
- 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
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Brands
Innovatech Switching Power India operates one associated brand: Innovatech Switching Power India Private Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Power conversion consulting, training, and marketing services in electronics. | ispipl.com |
Business activity
The main business activity of Innovatech Switching Power India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Innovatech Switching Power India Private Limited, buy the company report.
Financials of Innovatech Switching Power India Private Limited
FY 2024 filings availableInnovatech Switching Power India Private Limited reported revenue of ₹1.79 Cr (up 49% YoY) for FY 2023.
Revenue · FY 2023
₹1.79 Cr ▲ 49%
Net profit · FY 2023
₹24.11 Lakh margin 13.5%
EBITDA · FY 2023
₹41.02 Lakh margin 23%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 49%
3 years · compounded
▲ 24%
5 years · compounded
▲ 64%
EBITDA CAGR growth
1 year
▲ 97%
3 years · compounded
▲ 35%
5 years · compounded
▲ 40%
Revenue has grown at a compounded annual rate (CAGR) of 64% over five years, including 49% growth in the latest year. EBITDA rose 97% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | ₹41.02 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24.11 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23% | ||||
| Net Profit Margin | 13.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Innovatech Switching Power India Private Limited, buy the company report.
Board of directors of Innovatech Switching Power India Private Limited
Innovatech Switching Power India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramkumar Rajarathnam Also directs: Wyzent Technologies Private Limited | Managing Director | 18 Aug 2008 | 18 Years 2 Months | Current |
| Sunanda Ramkumar Rajarathnam | Director | 18 Aug 2008 | 18 Years 2 Months | Current |
Peer comparison
Innovatech Switching Power India Private Limited is compared with the 3 companies closest to it by revenue in the Engineering industry (Engineering Design), with the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Verifygntech Private Limited | ₹1.79 Cr (FY 2025) | 243.0% | Thiruvananthapuram, Kerala, India | |||
| Innovatech Switching Power India Private Limitedthis company | ₹1.79 Cr (FY 2023) | ₹24.11 Lakh | 13.5% | 49.0% | Bangalore, Karnataka, India | |
| Kali - FL Consulting Engineers Private Limited | ₹1.78 Cr (FY 2024) | 192.0% | Chennai, Tamil Nadu, India | |||
| Dikshit Consultants and Engineers Pvt Ltd | ₹1.78 Cr (FY 2025) | 20.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Innovatech Switching Power India Private Limited, buy the company report.
Auditor
Innovatech Switching Power India Private Limited is audited by GUNASHEELA AND ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUNASHEELA AND ASSOCIATES | FY 2019 | 011931S |
Shareholding
The shareholding of Innovatech Switching Power India Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Innovatech Switching Power India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹26.7 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Feb 2023 | 100715940 | Hdfc Bank Limited | ₹11 Lakh | Open | |
| 01 Jan 2021 | 100426796 | Hdfc Bank Limited | ₹15.71 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Innovatech Switching Power India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Innovatech Switching Power India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innovatech Switching Power India has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCI9547G2Z6 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Innovatech Switching Power India Private Limited, buy the company report.
Recent activity
Innovatech Switching Power India Private Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Dhaval Bhagwandas Dalal ceased to be Additional Director on 15 Jun 2014.
AGM
Innovatech Switching Power India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innovatech Switching Power India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 11.00 Lakh with Charge ID 100715940 was registered on 01 Feb 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.71 Lakh with Charge ID 100426796 was registered on 01 Jan 2021.
Ceased
Dhaval Bhagwandas Dalal ceased to be Additional Director.
Appointed
Dhaval Bhagwandas Dalal was appointed as Additional Director.
Appointed
Ramkumar Rajarathnam was appointed as Managing Director.
Appointed
Sunanda Ramkumar Rajarathnam was appointed as Director.
Incorporation
18 Aug 2008
Innovatech Switching Power India Private Limited was registered on 18 Aug 2008 with Roc Bangalore & aged 18 years 2 months as per MCA records.
Frequently asked questions
Innovatech Switching Power India is an active private limited company based in Bangalore, Karnataka, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 18 August 2008 (18+ years old) and is registered under CIN U74140KA2008PTC047474.
Innovatech Switching Power India has 2 current directors:
- Ramkumar Rajarathnam - Managing Director
- Sunanda Ramkumar Rajarathnam - Director
The latest financial statements of Innovatech Switching Power India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Innovatech Switching Power India is 29AABCI9547G2Z6, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Innovatech Switching Power India is U74140KA2008PTC047474. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovatech Switching Power India was incorporated on 18 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Innovatech Switching Power India by revenue are Verifygntech Private Limited, Kali - FL Consulting Engineers Private Limited, Dikshit Consultants and Engineers Pvt Ltd, all in the Engineering industry (Engineering Design), with the same principal business activity (other professional, scientific and technical activities).
Dhaval Bhagwandas Dalal ceased to be Additional Director on 15 Jun 2014. Dhaval Bhagwandas Dalal was appointed as Additional Director on 31 Dec 2008. Ramkumar Rajarathnam was appointed as Managing Director on 18 Aug 2008. Innovatech Switching Power India has 4 board changes on record in total.
Yes, Innovatech Switching Power India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0235603).
Innovatech Switching Power India can be reached through the website ispipl.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Innovatech Switching Power India is at #191 Ground Floor 5th Main Road, 14th Cross Road Vyalikaval, Bangalore, Karnataka, India – 560003.
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