Innovatise Technology Private Limited
About Innovatise Technology Private Limited
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Innovatise Technology Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 15 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2016PTC046299. Its GSTIN is 32AAECI2055E1Z4 (Kerala).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Rajesh Mathachan and Randy Edward Eckels.
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 4/2220 – 57 8C1 Condor Daffodils Kuravankonam P O, Thiruvananthapuram, Kerala, India – 695003.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.61 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹45,064 (net margin 0%) and EBITDA of ₹32.88 Lakh (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 53% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Innovatise Technology Private Limited's registered office is in Thiruvananthapuram, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4/2220 – 57 8C1 Condor Daffodils Kuravankonam P O, Thiruvananthapuram, Kerala, India – 695003
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Innovatise Technology 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
Business activity
The main business activity of Innovatise Technology is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Innovatise Technology Private Limited, buy the company report.
Financials of Innovatise Technology Private Limited
FY 2025 filings availableInnovatise Technology Private Limited reported revenue of ₹10.61 Cr (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 53%. 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹32.88 Lakh | ||||
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| Net Profit (PAT) | -₹45,064 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Innovatise Technology Private Limited, buy the company report.
Board of directors of Innovatise Technology Private Limited
Innovatise Technology 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 |
|---|---|---|---|---|
| Rajesh Mathachan | Director | 15 Jul 2016 | 10 Years 3 Months | Current |
| Randy Edward Eckels | Director | 10 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Innovatise Technology Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dotgo Private Limited | ₹10.67 Cr (FY 2024) | 148138.0% | Bangalore, Karnataka, India | |||
| Deltecs Infotech Private Limited | ₹10.66 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| E. C. Software India Private Limited | ₹10.63 Cr (FY 2018) | -5.0% | Chennai, Tamil Nadu, India | |||
| Eternalpace Technologies Private Limited | ₹10.61 Cr (FY 2025) | 17.0% | Hyderabad, Telangana, India | |||
| Cfra India Private Limited | ₹10.61 Cr (FY 2025) | 22.0% | Bangalore, Karnataka, India | |||
| Innovatise Technology Private Limitedthis company | ₹10.61 Cr (FY 2024) | -₹45,064 | 0% | -11.0% | 43 | Thiruvananthapuram, Kerala, India |
| Manras Technologies Private Limited | ₹10.61 Cr (FY 2025) | -20.0% | Ambala Cantt, Haryana, India | |||
| Daffodil Technologies (I) Private Limited | ₹10.6 Cr (FY 2024) | -14.0% | Bhopal, Madhya Pradesh, India | |||
| Valere Labs Private Limited | ₹10.6 Cr (FY 2024) | 24.0% | Indore, Madhya Pradesh, India | |||
| Shivohm Softech Private Limited | ₹10.6 Cr (FY 2025) | -14.0% | Gandhinagar, Gujarat, India | |||
| Tranpac Software Solutions Private Limited | ₹10.6 Cr (FY 2025) | 26.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Innovatise Technology Private Limited, buy the company report.
Auditor
Innovatise Technology Private Limited is audited by BOBY FRANCIS & PRADEEP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BOBY FRANCIS & PRADEEP | FY 2021 | 006333S |
Shareholding
The shareholding of Innovatise Technology Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Innovatise Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovatise Technology 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 Innovatise Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innovatise Technology Private Limited has a workforce of 43 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Innovatise Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECI2055E1Z4 | Kerala | Active | 20 Nov 2017 |
To see the full GST registrations and return filing status of Innovatise Technology Private Limited, buy the company report.
Recent activity
Innovatise Technology Private Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Stephan Herbert Rasp ceased to be Director on 28 Mar 2025.
Frequently asked questions
Innovatise Technology is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 15 July 2016 (10+ years old) and is registered under CIN U72900KL2016PTC046299.
Innovatise Technology has 2 current directors:
- Rajesh Mathachan - Director
- Randy Edward Eckels - Director
The latest financial statements of Innovatise Technology on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Innovatise Technology is 32AAECI2055E1Z4, registered in Kerala.
The CIN (Corporate Identification Number) of Innovatise Technology is U72900KL2016PTC046299. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovatise Technology was incorporated on 15 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Innovatise Technology by revenue are Dotgo Private Limited, Deltecs Infotech Private Limited, E. C. Software India Private Limited, Eternalpace Technologies Private Limited, Cfra India Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Stephan Herbert Rasp ceased to be Director on 28 Mar 2025. Randy Edward Eckels was appointed as Director on 10 Mar 2025. Thomas Jurgen Schuster ceased to be Director on 15 Jun 2023. Innovatise Technology has 5 board changes on record in total.
The registered office of Innovatise Technology is at 42220 – 57 8C1 Condor Daffodils Kuravankonam P O, Thiruvananthapuram, Kerala, India – 695003.
Innovatise Technology operates in the information technology industry, in the application development and software solutions segment.
The compliance status of Innovatise Technology is compliant as of 11 August 2026. The company is actively filing with the Registrar of Companies.
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