- Category
- Small (2023-24)
- Udyam number
- UDYAM-AS-03-0006116

Innovative Autocorp Private Limited
About Innovative Autocorp Private Limited
Data last updated:
Innovative Autocorp Private Limited is a private limited company based in Guwahati, Assam, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 16 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U50100AS2014PTC011881. Its GSTIN is 18AADCI5588D1ZD (Assam). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.37 Cr. It is led by directors Rajendra Rajpal Singh and Rajpal Kaur.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ground Floor Subham Velocity Hanuram Boro Path G.S Road, Guwahati, Assam, India – 781005.
As per the financials filed for FY 2024, the company reported a revenue of ₹89.86 Cr, a growth of 137% compared to the previous year. For the same year it recorded a net profit of ₹83.02 Lakh (net margin 0.9%) and EBITDA of ₹1.96 Cr (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years and 19% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.87 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Innovative Autocorp Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AS-03-0006116). The current compliance status is marked as compliant by the Registrar of Companies.
Recognitions & Rankings of Innovative Autocorp
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressGround Floor Subham Velocity Hanuram Boro Path G.S Road, Guwahati, Assam, India – 781005
- IndustryAutomotive, Auto Dealership & Trading
- 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
- One PDF report, delivered after checkout
Business Activity of Innovative Autocorp Private Limited
The main business activity of Innovative Autocorp is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Innovative Autocorp Private Limited FY 2024 filings available
Innovative Autocorp Private Limited reported revenue of ₹89.86 Cr (up 137% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Innovative Autocorp Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 137% growth in the latest year. EBITDA rose 134% 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 Innovative Autocorp 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 | ₹1.96 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹83.02 Lakh | •••• | •••• | •••• | •••• |
| 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 Innovative Autocorp Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 Innovative Autocorp are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Innovative Autocorp Private Limited
Innovative Autocorp 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 |
|---|---|---|---|---|
| Rajendra Rajpal Singh | Director | 16 Jun 2014 | 12 Years 4 Months | Current |
| Rajpal Kaur | Director | 12 Jun 2023 | 3 Years 4 Months | Current |
Peer Comparison of Innovative Autocorp Private Limited
Innovative Autocorp Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ijm Panjab Motors Private Limited | ₹90.05 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Mohali, Punjab, India |
| Shri Datta Founders and Engineers Private Limited | ₹90 Cr (FY 2024) | •••• | •••• | 58.0% | •••• | Shiroli, Maharashtra, India |
| Eureka Automobiles Private Limited | ₹89.98 Cr (FY 2018) | •••• | •••• | 107.0% | •••• | Chennai, Tamil Nadu, India |
| Amar Jyoti Auto Private Limited | ₹89.9 Cr (FY 2024) | •••• | •••• | -29.0% | •••• | Patna, Bihar, India |
| Abhishek Automotives Private Limited | ₹89.89 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Chhindwara, Madhya Pradesh, India |
| Innovative Autocorp Private Limited this company | ₹89.86 Cr (FY 2024) | •••• | •••• | 137.0% | •••• | Guwahati, Assam, India |
| Artemis Auto India Private Limited | ₹89.81 Cr (FY 2016) | •••• | •••• | 31.0% | •••• | Coimbatore, Tamil Nadu, India |
| Sukrith Motor Cars Private Limited | ₹89.59 Cr (FY 2017) | •••• | •••• | 20.0% | •••• | Madurai, Tamil Nadu, India |
| Kamal Passenger Vehicle Private Limited | ₹89.34 Cr (FY 2024) | •••• | •••• | 56.0% | •••• | Kota, Rajasthan, India |
| Om Cars Private Limited | ₹89.18 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Junagadh, Gujarat, India |
| Virgo Motor Agencies Private Limited | ₹89.12 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Bellary, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Innovative Autocorp by revenue in the Automobiles industry (Auto and Components Dealers), 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 Innovative Autocorp Private Limited
Innovative Autocorp Private Limited is audited by RAJESH AGARWALA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJESH AGARWALA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Innovative Autocorp Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Innovative Autocorp Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Apr 2024 | Axis Bank Limited | ₹6 Cr | Open |
| 19 Apr 2021 | Others | ₹3 Cr | Open |
| 29 May 2018 | State Bank of India | ₹4.87 Cr | Open |
Total charge records: 3 View all charges
Legal Cases of Innovative Autocorp Private Limited
Innovative Autocorp Private Limited has 2 court cases on record: 1 filed by Innovative Autocorp, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, Assam | Interim or miscellaneous application | Filed against the company by The State of Assam and Anr and 1 other | Disposed |
| High Court, Assam | Writ petition | Filed by the company against The State of Assam and Anr and 1 other | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Innovative Autocorp Private Limited
Innovative Autocorp Private Limited has a workforce of 17 employees as of Apr 10, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Innovative Autocorp Private Limited
Innovative Autocorp Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Rajpal Kaur was appointed as Director on 12 Jun 2023.
Credit Ratings, Litigation & Regulatory Alerts for Innovative Autocorp Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Innovative Autocorp Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Innovative Autocorp Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Innovative Autocorp Private Limited
Innovative Autocorp has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 18AADCI5588D1ZD | Assam | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Innovative Autocorp Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Innovative Autocorp Private Limited
Innovative Autocorp is an active private limited company based in Guwahati, Assam, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 16 June 2014 (12+ years old) and is registered under CIN U50100AS2014PTC011881.
Innovative Autocorp reported revenue of ₹89.86 Cr for FY 2024 (up 137% YoY).
Innovative Autocorp has 2 current directors:
- Rajendra Rajpal Singh - Director
- Rajpal Kaur - Director
Innovative Autocorp reported a net profit of ₹83.02 Lakh (net margin 0.9%) and EBITDA of ₹1.96 Cr (EBITDA margin 2.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Innovative Autocorp is 66% over three years and 19% over five years. In the latest year (FY 2024) revenue rose 137%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Innovative Autocorp is 18AADCI5588D1ZD, registered in Assam. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Innovative Autocorp is U50100AS2014PTC011881. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Autocorp has 2 court cases on record: 1 filed by the company and 1 filed against it.
Innovative Autocorp was incorporated on 16 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Guwahati.
The peers of Innovative Autocorp by revenue are Ijm Panjab Motors Private Limited, Shri Datta Founders and Engineers Private Limited, Eureka Automobiles Private Limited, Amar Jyoti Auto Private Limited, Abhishek Automotives Private Limited and 5 more, all in the Automobiles industry (Auto and Components Dealers).
Rajpal Kaur was appointed as Director on 12 Jun 2023. Sanjukta Baruah ceased to be Director on 12 Jun 2023. Rajendra Rajpal Singh was appointed as Director on 16 Jun 2014.