Innovative Blue Technologies (India) Private Limited

Innovative Blue Technologies (India) Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U73100PN2013PTC148060 Incorporated 10 July 2013 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2020
₹25.94 Lakh
▼ 34% YoY
Net profit · FY 2020
₹9,729
Net margin 0.4%
EBITDA · FY 2020
₹66,397
EBITDA margin 2.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

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

CIN U73100PN2013PTC148060
Registration Number 148060
Incorporation Date 10 July 2013
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0360816

Recognitions & Rankings of Innovative Blue Technologies (India)

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-26-0360816

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 Address
    A – 3 Shalini Residency Vitthal Mandir Road Karvenagar, Pune, Maharashtra, India – 411052
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Innovative Blue Technologies (India) Private Limited, buy the company report.

Comprehensive company report
Innovative Blue Technologies (India) 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 Blue Technologies (India) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other 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 available

Innovative Blue Technologies (India) Private Limited reported revenue of ₹25.94 Lakh (down 34% YoY) for FY 2020.

Revenue · FY 2020
₹25.94 Lakh ▼ 34%
Net profit · FY 2020
₹9,729 margin 0.4%
EBITDA · FY 2020
₹66,397 margin 2.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 19%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 33%
5 years · compounded
▼ 23%

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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations₹25.94 Lakh
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹66,397
Profit Before Tax
Tax Expense
Net Profit (PAT)₹9,729
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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin2.6%
Net Profit Margin0.4%
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

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Makrand Anil SaptarshiDirector10 Jul 201313 Years 3 MonthsCurrent
Jagdish Chandrasekhar JigjinniDirector10 Jul 201313 Years 3 MonthsCurrent
Rahul Jagdish JigjinniDirector10 Jul 201313 Years 3 MonthsCurrent

Auditor

Innovative Blue Technologies (India) Private Limited is audited by K K NAGAR AND ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
K K NAGAR AND ASSOCIATESFY 2020129755W

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 categoryFY 2020FY 2019FY 2017FY 2016FY 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.

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCI2937G1ZLMaharashtraActive01 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.

AGM
Innovative Blue Technologies (India) Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Innovative Blue Technologies (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Pune.
Appointed
Jagdish Chandrasekhar Jigjinni was appointed as Director.
Appointed
Makrand Anil Saptarshi was appointed as Director.
Appointed
Rahul Jagdish Jigjinni was appointed as Director.
Incorporation
10 Jul 2013
Innovative Blue Technologies (India) Private Limited was registered on 10 Jul 2013 with Roc Pune & aged 13 years 3 months as per MCA records.

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:

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.