MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0037220
Innovative Agritech Private Limited - agriculture in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹19.49 Cr
▲ 47% YoY
Net profit · FY 2025
₹1.73 Cr
Net margin 8.9%
EBITDA · FY 2025
₹2.59 Cr
EBITDA margin 13.3%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹2.1 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
25
Provident fund records
About Innovative Agritech Private Limited
Data last updated:
Innovative Agritech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 03 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U01403GJ2010PTC059754. Its GSTIN is 22AACCI2515B1ZG (Chhattisgarh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Sangitaben Rajanikumar Kapadia and Ilaben Ashvinbhai Naria.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.49 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹1.73 Cr (net margin 8.9%) and EBITDA of ₹2.59 Cr (EBITDA margin 13.3%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 16% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.1 Cr on record. Court records list 87 cases involving the company, including 86 filed by the company and 1 filed against it; 40 cases are pending.
Innovative Agritech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0037220). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovativeagritech.com.
Company details
CIN U01403GJ2010PTC059754
Registration Number 059754
Incorporation Date 03 March 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0037220
Key People
Sangitaben Rajanikumar Kapadia Director Ilaben Ashvinbhai Naria Director Ranjanben Bharatbhai Gadhetharia Director Recognitions & Rankings of Innovative Agritech
Contact details
Innovative Agritech Private Limited's registered office is in Ahmedabad, Gujarat. Its website is innovativeagritech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No: 914 – 915 Near Krushi Crop At – Kerala GIDC Ta: Bavala Village: Ke, Rala, Ahmedabad, Gujarat, India – 382220
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Innovative Agritech Private Limited, buy the company report.
Comprehensive company report
Innovative Agritech Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Innovative Agritech is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Innovative Agritech Private Limited, buy the company report.
Financials of Innovative Agritech Private Limited
FY 2025 filings availableInnovative Agritech Private Limited reported revenue of ₹19.49 Cr (up 47% YoY) for FY 2025.
Revenue · FY 2025
₹19.49 Cr ▲ 47%
Net profit · FY 2025
₹1.73 Cr margin 8.9%
EBITDA · FY 2025
₹2.59 Cr margin 13.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 18%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 99%
3 years · compounded
▲ 47%
5 years · compounded
▲ 21%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 47% growth in the latest year. EBITDA rose 99% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.73 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.3% | ||||
| Net Profit Margin | 8.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Innovative Agritech Private Limited, buy the company report.
Board of directors of Innovative Agritech Private Limited
Innovative Agritech has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangitaben Rajanikumar Kapadia | Director | 03 Mar 2010 | 16 Years 7 Months | Current |
| Ilaben Ashvinbhai Naria | Director | 03 Mar 2010 | 16 Years 7 Months | Current |
| Ranjanben Bharatbhai Gadhetharia | Director | 20 Apr 2015 | 11 Years 6 Months | Current |
| Ashokkumar Harjibhai Sonani | Director | 03 Mar 2010 | 16 Years 7 Months | Current |
| Sureshkumar Govindbhai Kavani | Director | 30 Apr 2015 | 11 Years 6 Months | Current |
Auditor
Innovative Agritech Private Limited is audited by ANKIT H MONAPARA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANKIT H MONAPARA & CO | FY 2022 | 144805W |
Shareholding
The shareholding of Innovative Agritech Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Innovative Agritech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jun 2018 | 100187751 | Others | ₹25 Lakh | Open | |
| 29 Sep 2015 | 10600002 | The South Indian Bank Limited | ₹1.85 Cr | Open |
To see the full charge records of Innovative Agritech Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Innovative Agritech Private Limited has 87 court cases on record: 86 filed by Innovative Agritech, 1 filed against it. 40 cases are pending and 47 are disposed.
Total cases
87
Filed by the company
86
Filed against the company
1
Pending
40
Disposed
47
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 87 | 1 | 40 |
Cases on record (5 of 87)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Bavliya Maheshbhai Mahadevbhai (Hinglaj Agro) | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Shailendra Jivansingh Tawar Propriter of Gourav Traders-Goradiya | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Ajit Nathuram Doriya , A Proprietor of Shree Shayam Agro Agency | Pending |
To see the full case history of Innovative Agritech Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Innovative Agritech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innovative Agritech Private Limited has a workforce of 25 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
25
Active EPFO establishments
1
Employee growth
8.7%
GST
Innovative Agritech has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AACCI2515B1ZG | Chhattisgarh | Active | 25 Apr 2019 |
| 08AACCI2515B1Z6 | Rajasthan | Active | 21 Jun 2019 |
To see the full GST registrations and return filing status of Innovative Agritech Private Limited, buy the company report.
Recent activity
Innovative Agritech Private Limited has 8 board changes on record since 2010: 5 appointments and 3 cessations. The latest: Ranjanben Bharatbhai Gadhetharia ceased to be Additional Director on 30 Sep 2015.
AGM
Innovative Agritech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innovative Agritech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with The South Indian Bank Limited of Rs. 185.40 Lakh registered on 29 Sep 2015 with Charge ID 10600002 was modified on 21 May 2022.
Charges
A charge with Others amounted to Rs. 25.00 Lakh with Charge ID 100187751 was registered on 25 Jun 2018.
Ceased
Ranjanben Bharatbhai Gadhetharia ceased to be Additional Director.
Ceased
Sureshkumar Govindbhai Kavani ceased to be Additional Director.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 185.40 Lakh with Charge ID 10600002 was registered on 29 Sep 2015.
Appointed
Sureshkumar Govindbhai Kavani was appointed as Director.
Appointed
Ranjanben Bharatbhai Gadhetharia was appointed as Director.
Ceased
Asmita S Kavani ceased to be Additional Director.
Appointed
Ashokkumar Harjibhai Sonani was appointed as Director.
Appointed
Ilaben Ashvinbhai Naria was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Innovative Agritech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 03 March 2010 (16+ years old) and is registered under CIN U01403GJ2010PTC059754.
Innovative Agritech has 5 current directors:
- Sangitaben Rajanikumar Kapadia - Director
- Ilaben Ashvinbhai Naria - Director
- Ranjanben Bharatbhai Gadhetharia - Director
- Ashokkumar Harjibhai Sonani - Director
- Sureshkumar Govindbhai Kavani - Director
The latest financial statements of Innovative Agritech 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 2015 are in the company report.
The GSTIN of Innovative Agritech is 22AACCI2515B1ZG, registered in Chhattisgarh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AACCI2515B1Z6 (Rajasthan).
The CIN (Corporate Identification Number) of Innovative Agritech is U01403GJ2010PTC059754. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Agritech has 87 court cases on record: 86 filed by the company and 1 filed against it. 40 are pending.
Innovative Agritech was incorporated on 03 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ranjanben Bharatbhai Gadhetharia ceased to be Additional Director on 30 Sep 2015. Sureshkumar Govindbhai Kavani ceased to be Additional Director on 30 Sep 2015. Sureshkumar Govindbhai Kavani was appointed as Director on 30 Apr 2015. Innovative Agritech has 8 board changes on record in total.
Yes, Innovative Agritech is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0037220).
Innovative Agritech can be reached through the website innovativeagritech.com. Its registered office is in Ahmedabad, Gujarat, India.
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