Startup India Government of India
Innovations Workspace Solutions Private Limited - travel and hospitality in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹48 Cr
▼ 19% YoY
Net profit · FY 2024
₹2.09 Cr
Net margin 4.4%
EBITDA · FY 2024
₹3.46 Cr
EBITDA margin 7.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹12.5 Cr
Satisfied ₹2.75 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
21
Provident fund records
About Innovations Workspace Solutions Private Limited
Data last updated:
Innovations Workspace Solutions Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 30 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2017PTC325411. Its GSTIN is 07AAECI6687E1ZB (Delhi). The company holds 14 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Surabhi Jindal and Pyare Lal Jindal.
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No. 17 G/F Pkt B Sarita Vihar, New Delhi, Delhi, India – 110076.
As per the financials filed for FY 2024, the company reported a revenue of ₹48 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹2.09 Cr (net margin 4.4%) and EBITDA of ₹3.46 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 71% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Innovations Workspace. As per MCA filings, the company has open charges of ₹12.5 Cr and satisfied charges of ₹2.75 Cr on record. Court records list 2 cases involving the company, including 1 filed against it; 1 case is pending.
Innovations Workspace Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-03-0005950). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovationsworkspace.com.
Company Details of Innovations Workspace Solutions Private Limited
CIN U74999DL2017PTC325411
Registration Number 325411
Incorporation Date 30 October 2017
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-HR-03-0005950
Recognitions & Rankings of Innovations Workspace Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-03-0005950
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressShop No. 17 G/F Pkt B Sarita Vihar, New Delhi, Delhi, India – 110076
- IndustryTravel and Hospitality, Consumer Professional Services
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Associated Brands with Innovations Workspace Solutions Private Limited
Innovations Workspace Solutions operates one associated brand: Innovations Workspace. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Interior design and fit-out services for corporate and specialty spaces in various sectors. | innovationsworkspace.com |
Business Activity of Innovations Workspace Solutions Private Limited
The main business activity of Innovations Workspace Solutions is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
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Financials of Innovations Workspace Solutions Private Limited FY 2024 filings available
Innovations Workspace Solutions Private Limited reported revenue of ₹48 Cr (down 19% YoY) for FY 2024.
Revenue · FY 2024
₹48 Cr ▼ 19%
Net profit · FY 2024
₹2.09 Cr margin 4.4%
EBITDA · FY 2024
₹3.46 Cr margin 7.2%
Compounded Annual Growth Rate (CAGR) of Innovations Workspace Solutions Private Limited
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 24%
5 years · compounded
▲ 71%
EBITDA CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 32%
5 years · compounded
▲ 95%
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 71%. EBITDA fell 15% 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 of Innovations Workspace Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹3.46 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.09 Cr | •••• | •••• | •••• | •••• |
| 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 of Innovations Workspace Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.4% | •••• | •••• | •••• | •••• |
| 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 Innovations Workspace Solutions are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
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Board of Directors of Innovations Workspace Solutions Private Limited
Innovations Workspace Solutions has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surabhi Jindal | Director | 30 Oct 2017 | 8 Years 11 Months | Current |
| Pyare Lal Jindal | Director | 30 Oct 2017 | 8 Years 11 Months | Current |
| Ashish Jindal Also directs: Spa Realtors LLP, Innovations Space Designers Private Limited | Director | 08 Dec 2018 | 7 Years 10 Months | Current |
Peer Comparison of Innovations Workspace Solutions Private Limited
Innovations Workspace Solutions Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Professional Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rinu Syntex Private Limited | ₹48.71 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Candex Solution India Private Limited | ₹48.4 Cr (FY 2024) | •••• | •••• | 133.0% | •••• | Mumbai, Maharashtra, India |
| E-Procurement Technologies Limited | ₹48.36 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Ahmedabad, Gujarat, India |
| Sambodhi Research and Communications Private Limited | ₹48.05 Cr (FY 2024) | •••• | •••• | 40.0% | •••• | Delhi, India |
| Pollucare Engineers India Private Limited | ₹48.02 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Chennai, Tamil Nadu, India |
| Innovations Workspace Solutions Private Limited this company | ₹48 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | New Delhi, Delhi, India |
| Kalakrutii Associates Private Limited | ₹47.65 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Divine Management & Consultancy Private Limited | ₹47.6 Cr (FY 2024) | •••• | •••• | •••• | Patna, Bihar, India | |
| Pioneer Interior Projects Limited | ₹47.44 Cr (FY 2024) | •••• | •••• | 39.0% | •••• | Hyderabad, Telangana, India |
| V.S.Constructions India Private Limited | ₹47.43 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Salem, Tamil Nadu, India |
| JMT Consultants Detailing Private Limited | ₹47.37 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Innovations Workspace Solutions by revenue in the Consumer Services industry (Professional Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Innovations Workspace Solutions Private Limited
Innovations Workspace Solutions Private Limited is audited by KUMAR SANJAY AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KUMAR SANJAY AND ASSOCIATES | Locked | Locked | Locked |
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Ownership and Shareholding of Innovations Workspace Solutions Private Limited
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Charges & Borrowings of Innovations Workspace Solutions Private Limited
Open charges
₹12.5 Cr
Satisfied charges
₹2.75 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jul 2022 | Hdfc Bank Limited | ₹12.5 Cr | Open |
| 26 Nov 2020 | Axis Bank Limited | ₹2.75 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Innovations Workspace Solutions Private Limited
Innovations Workspace Solutions Private Limited has 2 court cases on record: 1 filed against it, 1 where it is another party. 1 case is pending and 1 is disposed. Status as checked between 29 Sep 2026 and 02 Oct 2026.
Total cases
2
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed against the company by Bajrang Realtech Private Limited | Pending |
| District court, South East, Delhi | Commercial suit | Company is another party | Disposed |
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Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Employees and EPFO Compliance at Innovations Workspace Solutions Private Limited
Innovations Workspace Solutions Private Limited has a workforce of 21 employees as of Apr 08, 2024.
Employee count
21
Active EPFO establishments
1
Employee growth
425%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Innovations Workspace Solutions Private Limited
Innovations Workspace Solutions Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Ashish Jindal was appointed as Director on 08 Dec 2018.
Charges
A charge with Hdfc Bank Limited of Rs. 1,250.00 Lakh registered on 11 Jul 2022 with Charge ID 100776154 was modified on 05 Jun 2025.
AGM
Innovations Workspace Solutions Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.
Filing
Innovations Workspace Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge registered on 26 Nov 2020 via Charge ID 100392567 with Axis Bank Limited was fully satisfied on 17 Aug 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,250.00 Lakh with Charge ID 100776154 was registered on 11 Jul 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 275.00 Lakh with Charge ID 100392567 was registered on 26 Nov 2020.
Appointed
Ashish Jindal was appointed as Director.
Appointed
Pyare Lal Jindal was appointed as Director.
Appointed
Surabhi Jindal was appointed as Director.
Incorporation
30 Oct 2017
Innovations Workspace Solutions Private Limited was registered on 30 Oct 2017 with Roc Delhi & aged 8 years 11 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Innovations Workspace Solutions Private Limited
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MSME Payment Delays by Innovations Workspace Solutions Private Limited
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Subsidiaries & Group Companies of Innovations Workspace Solutions Private Limited
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GST Compliance of Innovations Workspace Solutions Private Limited
Innovations Workspace Solutions has 14 GST registrations: 13 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
14
Active
13
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECI6687E1ZB | Delhi | Active | 16 Jan 2019 |
| 06AAECI6687E1ZD | Haryana | Active | 28 Dec 2018 |
| 23AAECI6687E1ZH | Madhya Pradesh | Active | 12 Feb 2019 |
| 19AAECI6687E1Z6 | West Bengal | Active | 19 Feb 2019 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Innovations Workspace Solutions Private Limited
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Frequently Asked Questions about Innovations Workspace Solutions Private Limited
Innovations Workspace Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 30 October 2017 (9+ years old) and is registered under CIN U74999DL2017PTC325411.
Innovations Workspace Solutions reported revenue of ₹48 Cr for FY 2024 (down 19% YoY).
Innovations Workspace Solutions has 3 current directors:
- Surabhi Jindal - Director
- Pyare Lal Jindal - Director
- Ashish Jindal - Director
Innovations Workspace Solutions reported a net profit of ₹2.09 Cr (net margin 4.4%) and EBITDA of ₹3.46 Cr (EBITDA margin 7.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Innovations Workspace Solutions is 24% over three years and 71% over five years. In the latest year (FY 2024) revenue fell 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Innovations Workspace Solutions is 07AAECI6687E1ZB, registered in Delhi. The company has 14 GST registrations in all, of which 13 are active and 1 is cancelled or inactive. Other active GSTINs include 06AAECI6687E1ZD (Haryana), 23AAECI6687E1ZH (Madhya Pradesh), 19AAECI6687E1Z6 (West Bengal).
The CIN (Corporate Identification Number) of Innovations Workspace Solutions is U74999DL2017PTC325411. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovations Workspace Solutions has 2 court cases on record: 1 filed against it. 1 is pending.
Innovations Workspace Solutions was incorporated on 30 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Innovations Workspace Solutions by revenue are Rinu Syntex Private Limited, Candex Solution India Private Limited, E-Procurement Technologies Limited, Sambodhi Research and Communications Private Limited, Pollucare Engineers India Private Limited and 5 more, all in the Consumer Services industry (Professional Services).
Ashish Jindal was appointed as Director on 08 Dec 2018. Pyare Lal Jindal was appointed as Director on 30 Oct 2017. Surabhi Jindal was appointed as Director on 30 Oct 2017.