
Innovation-X Private Limited
About Innovation-X Private Limited
Data last updated:
Innovation-X Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 17 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2021PTC127347.
The company has an authorised share capital of ₹10,000 and a paid-up capital of ₹10,000. It is led by directors Raj Maheshkumar Parmar and Ishita Pravinbhai Saragara.
Its last annual general meeting (AGM) was held on 02 November 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at P1 5th Fl Gokul Appt Opp. Gokulnathji Mandir Mira Cinema Char Rasta Maninagar, Ahmedabad, Gujarat, India – 380008.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.71 Lakh.
Company details
Contact details
Innovation-X Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP1 5th Fl Gokul Appt Opp. Gokulnathji Mandir Mira Cinema Char Rasta Maninagar, Ahmedabad, Gujarat, India – 380008
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Innovation-X 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-X Private Limited
FY 2023 filings availableInnovation-X Private Limited reported revenue of ₹3.71 Lakh for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹3.71 Lakh | |
| 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 2022-23 | FY 2021-22 |
|---|---|---|
| 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-X Private Limited, buy the company report.
Board of directors of Innovation-X Private Limited
Innovation-X has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Maheshkumar Parmar | Director | 17 Nov 2021 | 4 Years 11 Months | Current |
| Ishita Pravinbhai Saragara Also directs: Agrimaati Ecosystem Private Limited | Additional Director | 18 Dec 2025 | 0 Years 10 Months | Current |
Auditor
Innovation-X Private Limited is audited by RAJ PATEL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJ PATEL & ASSOCIATES | FY 2023 | 134590W |
Shareholding
The shareholding of Innovation-X Private Limited is on record for FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Innovation-X Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovation-X 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-X Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innovation-X Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
No GST registration is on our record for Innovation-X Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Innovation-X Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Karan Saragara ceased to be Director on 24 Dec 2025.
Frequently asked questions
Innovation-X is an active private limited company based in Ahmedabad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 17 November 2021 (5+ years old) and is registered under CIN U74999GJ2021PTC127347.
Innovation-X has 2 current directors:
- Raj Maheshkumar Parmar - Director
- Ishita Pravinbhai Saragara - Additional Director
The latest financial statements of Innovation-X on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 02 November 2023. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Innovation-X is U74999GJ2021PTC127347. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovation-X was incorporated on 17 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Karan Saragara ceased to be Director on 24 Dec 2025. Ishita Pravinbhai Saragara was appointed as Additional Director on 18 Dec 2025. Karan Saragara was appointed as Director on 17 Nov 2021. Innovation-X has 4 board changes on record in total.
The registered office of Innovation-X is at P1 5th Fl Gokul Appt Opp. Gokulnathji Mandir Mira Cinema Char Rasta Maninagar, Ahmedabad, Gujarat, India – 380008.
Innovation-X operates in the information technology industry, in the IT consulting and support services segment.
Innovation-X can be reached at its registered office: P1 5th Fl Gokul Appt Opp. Gokulnathji Mandir Mira Cinema Char Rasta Maninagar, Ahmedabad, Gujarat, India – 380008.
Innovation-X is registered under the jurisdiction of the Registrar of Companies (ROC), Ahmedabad.

