
About Innovative Build Care Solutions Private Limited
Data last updated:
Innovative Build Care Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 11 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45400KA2019PTC127824. Its GSTIN is 29AAFCI4032E1ZT (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Raghunandan Kalvirachar and Deepmala.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.32 Cr, a growth of 112% compared to the previous year. For the same year it recorded a net profit of ₹47.4 Lakh (net margin 8.9%) and EBITDA of ₹63.06 Lakh (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 74% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IBC Services. Court records list 1 case involving the company, including 1 filed by the company.
Innovative Build Care Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0018907). For more details, the company can be reached via its website ibcspl.com.
Company details
Recognitions & Rankings of Innovative Build Care Solutions
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0018907
Contact details
Innovative Build Care Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is ibcspl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address667 2nd A Main Road, Near Muneshwara Temple Bahubali Nagar Jalahalli, Bangalore, Karnataka, India – 560013
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Innovative Build Care Solutions 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
Brands
Innovative Build Care Solutions operates one associated brand: IBC Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction solutions, including waterproofing and flooring services, are provided by IBC Services in various sectors. | ibcspl.com |
Business activity
The main business activity of Innovative Build Care Solutions is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Innovative Build Care Solutions Private Limited, buy the company report.
Financials of Innovative Build Care Solutions Private Limited
FY 2024 filings availableInnovative Build Care Solutions Private Limited reported revenue of ₹5.32 Cr (up 112% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 74% over five years, including 112% growth in the latest year. EBITDA rose 349% 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 |
|---|---|---|---|---|---|
| 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 | ₹63.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹47.4 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.9% | ||||
| Net Profit Margin | 8.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Innovative Build Care Solutions Private Limited, buy the company report.
Board of directors of Innovative Build Care Solutions Private Limited
Innovative Build Care Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghunandan Kalvirachar | Director | 11 Sep 2019 | 7 Years 1 Months | Current |
| Deepmala | Director | 05 Aug 2021 | 5 Years 2 Months | Current |
| Srinivasan Suresh | Director | 15 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Innovative Build Care Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bal Ganesh Infra Private Limited | ₹5.33 Cr (FY 2025) | 16.0% | Angul, Odisha, India | |||
| Innovative Build Care Solutions Private Limitedthis company | ₹5.32 Cr (FY 2025) | ₹47.4 Lakh | 8.9% | 112.0% | 16 | Bangalore, Karnataka, India |
| Narne Constructions Pvt Ltd | ₹5.32 Cr (FY 2024) | 476.0% | Hyderabad, Telangana, India | |||
| Jasleen Build Projects Private Limited | ₹5.31 Cr (FY 2024) | 56.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Innovative Build Care Solutions Private Limited, buy the company report.
Auditor
Innovative Build Care Solutions Private Limited is audited by Venkat&Vasan for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Venkat&Vasan | FY 2023 | 004598S |
Shareholding
The shareholding of Innovative Build Care Solutions Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Innovative Build Care Solutions Private Limited, buy the company report.
Legal cases
Innovative Build Care Solutions Private Limited has 1 court case on record: 1 filed by Innovative Build Care Solutions. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Right Floorcare Solutions | Disposed |
To see the full case history of Innovative Build Care Solutions 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 Build Care Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innovative Build Care Solutions Private Limited has a workforce of 16 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Innovative Build Care Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCI4032E1ZT | Karnataka | Active | 20 Sep 2019 |
To see the full GST registrations and return filing status of Innovative Build Care Solutions Private Limited, buy the company report.
Recent activity
Innovative Build Care Solutions Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Srinivasan Suresh ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Innovative Build Care Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 11 September 2019 (7+ years old) and is registered under CIN U45400KA2019PTC127824.
Innovative Build Care Solutions has 3 current directors:
- Raghunandan Kalvirachar - Director
- Deepmala - Director
- Srinivasan Suresh - Director
The latest financial statements of Innovative Build Care Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Innovative Build Care Solutions is 29AAFCI4032E1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Innovative Build Care Solutions is U45400KA2019PTC127824. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Build Care Solutions has 1 court case on record: 1 filed by the company.
Innovative Build Care Solutions was incorporated on 11 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Innovative Build Care Solutions by revenue are Bal Ganesh Infra Private Limited, Narne Constructions Pvt Ltd, Jasleen Build Projects Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (buildings).
Srinivasan Suresh ceased to be Additional Director on 29 Sep 2024. Srinivasan Suresh was appointed as Director on 15 Mar 2024. Kiran Manohar ceased to be Director on 09 Aug 2021. Innovative Build Care Solutions has 6 board changes on record in total.
Yes, Innovative Build Care Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Innovative Build Care Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0018907).

