About Innovative Colors Private Limited
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Innovative Colors Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 29 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC140381. Its GSTIN is 29AAFCI8790P2ZG (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kattimani Rajendra and Nekkunti Satish.
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 2024, the company reported a revenue of ₹1.54 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹17.19 Lakh (net margin -11.1%) and EBITDA of -₹8.8 Lakh (EBITDA margin -5.7%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years.
For more details, the company can be reached via its website innovativecolors.in.
Company details
Contact details
Innovative Colors Private Limited's registered office is in Bangalore, Karnataka. Its website is innovativecolors.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1318 D Block, Aecs Layout, Bangalore, Karnataka, India – 560037
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of Innovative Colors 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 Colors 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 Colors Private Limited, buy the company report.
Financials of Innovative Colors Private Limited
FY 2024 filings availableInnovative Colors Private Limited reported revenue of ₹1.54 Cr (up 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 72% over three years, including 19% growth in the latest year. EBITDA fell 131% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹8.8 Lakh | |||
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| Net Profit (PAT) | -₹17.19 Lakh | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | ||||
| EBITDA Margin | -5.7% | |||
| Net Profit Margin | -11.1% | |||
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To see the full financial statements and ratios of Innovative Colors Private Limited, buy the company report.
Board of directors of Innovative Colors Private Limited
Innovative Colors has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kattimani Rajendra | Director | 24 Nov 2021 | 4 Years 11 Months | Current |
| Nekkunti Satish Also directs: Innovative Box Studios Private Limited | Director | 29 Oct 2020 | 5 Years 11 Months | Current |
| Praveen Kumar Also directs: Innovative Box Studios Private Limited | Director | 29 Oct 2020 | 5 Years 11 Months | Current |
Auditor
Innovative Colors Private Limited is audited by GOTTUMUKKALA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOTTUMUKKALA & ASSOCIATES | FY 2023 | 024942S |
Shareholding
The shareholding of Innovative Colors Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Innovative Colors Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovative Colors 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 Colors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innovative Colors Private Limited has 1 active EPFO establishment as of Mar 28, 2024.
GST
Innovative Colors has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCI8790P2ZG | Karnataka | Active | 10 Dec 2021 |
To see the full GST registrations and return filing status of Innovative Colors Private Limited, buy the company report.
Recent activity
Innovative Colors Private Limited has 5 board changes on record since 2020: 4 appointments and 1 cessation. The latest: Niranjan Neelakanth Sirsikar ceased to be Director on 12 Jan 2026.
Frequently asked questions
Innovative Colors is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 29 October 2020 (6+ years old) and is registered under CIN U72900KA2020PTC140381.
Innovative Colors has 3 current directors:
- Kattimani Rajendra - Director
- Nekkunti Satish - Director
- Praveen Kumar - Director
The latest financial statements of Innovative Colors 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 2021 are in the company report.
The GSTIN of Innovative Colors is 29AAFCI8790P2ZG, registered in Karnataka. 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 Colors is U72900KA2020PTC140381. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Colors was incorporated on 29 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Niranjan Neelakanth Sirsikar ceased to be Director on 12 Jan 2026. Kattimani Rajendra was appointed as Director on 24 Nov 2021. Nekkunti Satish was appointed as Director on 29 Oct 2020. Innovative Colors has 5 board changes on record in total.
Innovative Colors can be reached through the website innovativecolors.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Innovative Colors is at 1318 D Block, Aecs Layout, Bangalore, Karnataka, India – 560037.
Innovative Colors operates in the information technology industry, in the application development and software solutions segment.