
Innovation Financial Services Private Limited
About Innovation Financial Services Private Limited
Data last updated:
Innovation Financial Services Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently classified as dormant under Section 455 of the Companies Act - it is legally registered but has declared that it is not conducting any business operations. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 27 October 2020.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65929KA2020PTC140272.
The company has an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹1.5 Lakh. It is led by directors Himanshu Bhalotia and Rohit Singh Chordia.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 251 5 – Bluebell Tower – 2 Embassy Pristine 21 6th M Iblur Village, Bangalore, Karnataka, India – 560102.
Company details
Contact details
Innovation Financial Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address251 5 – Bluebell Tower – 2 Embassy Pristine 21 6th M Iblur Village, Bangalore, Karnataka, India – 560102
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Innovation Financial Services Private Limited, buy the company report.
- 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
Financials of Innovation Financial Services Private Limited
FY 2023 filings availableFinancial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ||
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ||
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | ||
| Net Profit Margin | ||
| 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 | ||
To see the full financial statements and ratios of Innovation Financial Services Private Limited, buy the company report.
Board of directors of Innovation Financial Services Private Limited
Innovation Financial Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Bhalotia Also directs: Innovit Services Private Limited | Director | 20 Jun 2022 | 4 Years 4 Months | Current |
| Rohit Singh Chordia | Director | 27 Oct 2020 | 6 Years 0 Months | Current |
Legal cases
No court or tribunal cases involving Innovation Financial Services 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 Innovation Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innovation Financial Services Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
No GST registration is on our record for Innovation Financial Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Innovation Financial Services Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Himanshu Bhalotia ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Innovation Financial Services is classified as "Dormant" under Section 455 of the Companies Act. This means the company is legally registered but has officially declared that it is not currently conducting any business operations. A dormant company can be reactivated by following the prescribed procedures with the Registrar of Companies.
Innovation Financial Services is a dormant private limited company based in Bangalore, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 27 October 2020 and is registered under CIN U65929KA2020PTC140272. The company is legally registered but not currently conducting business.
Innovation Financial Services has 2 current directors:
- Himanshu Bhalotia - Director
- Rohit Singh Chordia - Director
The CIN (Corporate Identification Number) of Innovation Financial Services is U65929KA2020PTC140272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovation Financial Services was incorporated on 27 October 2020. It is registered with the Registrar of Companies, Bangalore.
The registered office of Innovation Financial Services is at 251 5 – Bluebell Tower – 2 Embassy Pristine 21 6th M Iblur Village, Bangalore, Karnataka, India – 560102.
The latest financial statements of Innovation Financial Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
Innovation Financial Services operates in the financial services industry, in the diversified financial services segment.
Himanshu Bhalotia ceased to be Additional Director on 30 Sep 2022. Tilak Raj Bajalia ceased to be Director on 24 Jun 2022. Himanshu Bhalotia was appointed as Director on 20 Jun 2022. Innovation Financial Services has 4 board changes on record in total.
Innovation Financial Services can be reached at its registered office: 251 5 – Bluebell Tower – 2 Embassy Pristine 21 6th M Iblur Village, Bangalore, Karnataka, India – 560102.

