- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0360816

About Innovative Blue Technologies (India) Private Limited
Data last updated:
Innovative Blue Technologies (India) Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U73100PN2013PTC148060. Its GSTIN is 27AADCI2937G1ZL (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Makrand Anil Saptarshi and Jagdish Chandrasekhar Jigjinni.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at A – 3 Shalini Residency Vitthal Mandir Road Karvenagar, Pune, Maharashtra, India – 411052.
As per the financials filed for FY 2020, the company reported a revenue of ₹25.94 Lakh, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹9,729 (net margin 0.4%) and EBITDA of ₹66,397 (EBITDA margin 2.6%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 5% over five years.
Innovative Blue Technologies (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0360816). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ibtipl.com.
Company details
Recognitions & Rankings of Innovative Blue Technologies (India)
Contact details
Innovative Blue Technologies (India) Private Limited's registered office is in Pune, Maharashtra. Its website is ibtipl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 3 Shalini Residency Vitthal Mandir Road Karvenagar, Pune, Maharashtra, India – 411052
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Innovative Blue Technologies (India) 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 Innovative Blue Technologies (India) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Innovative Blue Technologies (India) Private Limited, buy the company report.
Financials of Innovative Blue Technologies (India) Private Limited
FY 2020 filings availableInnovative Blue Technologies (India) Private Limited reported revenue of ₹25.94 Lakh (down 34% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 34% fall in the latest year. EBITDA fell 34% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹25.94 Lakh | ||||
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| EBITDA | ₹66,397 | ||||
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| Net Profit (PAT) | ₹9,729 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Innovative Blue Technologies (India) Private Limited, buy the company report.
Board of directors of Innovative Blue Technologies (India) Private Limited
Innovative Blue Technologies (India) has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Makrand Anil Saptarshi Also directs: Gruntech Projects Private Limited | Director | 10 Jul 2013 | 13 Years 3 Months | Current |
| Jagdish Chandrasekhar Jigjinni Also directs: Loyli Engineering Private Limited | Director | 10 Jul 2013 | 13 Years 3 Months | Current |
| Rahul Jagdish Jigjinni Also directs: Gruntech Projects Private Limited, Loyli Agro Private Limited | Director | 10 Jul 2013 | 13 Years 3 Months | Current |
Auditor
Innovative Blue Technologies (India) Private Limited is audited by K K NAGAR AND ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K K NAGAR AND ASSOCIATES | FY 2020 | 129755W |
Shareholding
The shareholding of Innovative Blue Technologies (India) Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Innovative Blue Technologies (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovative Blue Technologies (India) 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 Innovative Blue Technologies (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innovative Blue Technologies (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI2937G1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Innovative Blue Technologies (India) Private Limited, buy the company report.
Recent activity
Innovative Blue Technologies (India) Private Limited has 3 board changes on record since 2013: 3 appointments. The latest: Jagdish Chandrasekhar Jigjinni was appointed as Director on 10 Jul 2013.
Frequently asked questions
Innovative Blue Technologies (India) is an active private limited company based in Pune, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 July 2013 (13+ years old) and is registered under CIN U73100PN2013PTC148060.
Innovative Blue Technologies (India) has 3 current directors:
- Makrand Anil Saptarshi - Director
- Jagdish Chandrasekhar Jigjinni - Director
- Rahul Jagdish Jigjinni - Director
The latest financial statements of Innovative Blue Technologies (India) on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Innovative Blue Technologies (India) is 27AADCI2937G1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Innovative Blue Technologies (India) is U73100PN2013PTC148060. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Blue Technologies (India) was incorporated on 10 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
Jagdish Chandrasekhar Jigjinni was appointed as Director on 10 Jul 2013. Makrand Anil Saptarshi was appointed as Director on 10 Jul 2013. Rahul Jagdish Jigjinni was appointed as Director on 10 Jul 2013.
Yes, Innovative Blue Technologies (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0360816).
Innovative Blue Technologies (India) can be reached through the website ibtipl.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Innovative Blue Technologies (India) is at A – 3 Shalini Residency Vitthal Mandir Road Karvenagar, Pune, Maharashtra, India – 411052.