Innovatit Solutions (India) Private Limited - Company Profile

It is a information technology private limited company based in Guntur, Andhra Pradesh, India, established in 2008.

2008 Guntur, Andhra Pradesh, India Active

Last Updated: December 30, 2025

About Innovatit Solutions (India) Private Limited

Innovatit Solutions (India) Private Limited, a active private limited company, was established on 22 September 2008 in Guntur, Andhra Pradesh, India. Engaging in application development & software solutions within the professional, scientific and technical sector, it holds CIN: U72200AP2008PTC061144. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.50 M.

It upholds a compliant status. Its leadership includes Ramadevi Devisetty (Director), Devisetty Narasimha Rao (Director), Sarathkumar Devisetty (Director). Past directors included Ramadevi Devisetty. Its latest AGM occurred on 28 September 2024, with the balance sheet filed on 31 March 2024. It is based at 4-20-4 Jkc College Road, Guntur, Andhra Pradesh, 522006.

Company Details

CIN/LLPIN
U72200AP2008PTC061144
Registration Number
061144
Incorporation Date
22 September 2008
Authorized Capital
₹0.50 M
Paid-Up Capital
₹0.50 M
ROC Code
Roc Vijayawada
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 0.50 M as on 30-12-2025
Paid Up Capital ₹ 0.50 M as on 30-12-2025
Company Age 17 Year, 4 Months
Last Filing with ROC 31 Mar 2024
Revenue Growth **** -33.13% (FY 2021)
Profit Growth **** 8.65% (FY 2021)
Ebitda **** 22.58% (FY 2021)
Net Worth -236.16% (FY 2021)
Total Assets **** 3.46% (FY 2021)

Comprehensive Company Insights

Explore comprehensive insights into Innovatit Solutions (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Innovatit Solutions (India) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ramadevi Devisetty	Director	03 Nov 2018	Current
Devisetty Narasimha Rao	Director	22 Sep 2008	Current
Sarathkumar Devisetty	Director	22 Sep 2008	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	28 Sep 2019	Past

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Financial Performance of Innovatit Solutions (India).

Innovatit Solutions (India) Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 33.13% decrease. The company also saw a slight improvement in profitability, with a 8.65% increase in profit. The company's net worth observed a substantial decline by a decrease of 236.16%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-33.13%

*******

Revenue from Operations

*******

-30.49%

*******

Total Assets

*******

3.46%

*******

Profit or Loss

*******

8.65%

*******

Net Worth

*******

-236.16%

*******

EBITDA

*******

22.58%

*******

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What is the Ownership and Shareholding Structure of Innovatit Solutions (India)?

In 2021, Innovatit Solutions (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Innovatit Solutions (India)?

Unlock and access historical data on people associated with Innovatit Solutions (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Innovatit Solutions (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Innovatit Solutions (India)'s trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Innovatit Solutions (India)

Recent Activity within the Organization

Annual General Meeting

Innovatit Solutions (India) Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records. was recorded as a recent event.
28 Sep 2024
Balance Sheet

Innovatit Solutions (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada. was recorded as a recent event.
31 Mar 2024
Director Appointment

The activity Ramadevi Devisetty was appointed as a Director was appointed as a Director on 03 Nov 2018 & has been associated with this company since 7 years 3 months . was completed.
03 Nov 2018
Director Appointment

Progress on Devisetty Narasimha Rao was appointed as a Director was appointed as a Director on 22 Sep 2008 & has been associated with this company since 17 years 4 months . was documented.
22 Sep 2008
Director Appointment

Sarathkumar Devisetty was appointed as a Director was appointed as a Director on 22 Sep 2008 & has been associated with this company since 17 years 4 months . was recorded as a recent event.
22 Sep 2008
Company Incorporation

Innovatit Solutions (India) Private Limited was registered on 22 Sep 2008 with Roc Vijayawada & aged 17 years 4 months as per MCA records. was recorded as a recent event.
22 Sep 2008

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Frequently Asked Questions

What is the CIN of Innovatit Solutions (India) Private Limited?

The CIN of Innovatit Solutions (India) Private Limited is U72200AP2008PTC061144.

Where is Innovatit Solutions (India) Private Limited headquartered?

Innovatit Solutions (India) Private Limited is headquartered at 4-20-4 Jkc College Road, Guntur, Andhra Pradesh, 522006.

When was Innovatit Solutions (India) Private Limited incorporated?

Innovatit Solutions (India) Private Limited was incorporated on 22 September 2008.

Who are the current directors of Innovatit Solutions (India) Private Limited?

The current directors of Innovatit Solutions (India) Private Limited are

What is the primary industry of Innovatit Solutions (India) Private Limited?

The primary industry of Innovatit Solutions (India) Private Limited is Professional, Scientific And Technical.

Is Innovatit Solutions (India) Private Limited a listed company?

Innovatit Solutions (India) Private Limited is unlisted.

What is the capital structure of Innovatit Solutions (India) Private Limited?

The authorized capital of Innovatit Solutions (India) Private Limited is ₹0.50 M, and the paid-up capital is ₹0.50 M.

What is the compliance status of Innovatit Solutions (India) Private Limited?

The compliance status of Innovatit Solutions (India) Private Limited is Compliant.

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