MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0107448
Innovative Engineers Hvac Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹57.58 Cr
▲ 72% YoY
Net profit · FY 2025
₹1.97 Cr
Net margin 3.4%
EBITDA · FY 2025
₹2.65 Cr
EBITDA margin 4.6%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1.2 Lakh
Issued & subscribed
Open charges
₹7.71 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
80
Provident fund records
About Innovative Engineers Hvac Private Limited
Data last updated:
Innovative Engineers Hvac Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 26 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52100GJ2020PTC112959. Its GSTIN is 24AAFCI6008L1ZK (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors including Nileshchanddra Dhruv and Altaf Allarkhabhai Mansuri.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 301 Synergy Tower Nr. Vodafone House Corporate Road Prahladnagar, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹57.58 Cr, a growth of 72% compared to the previous year. For the same year it recorded a net profit of ₹1.97 Cr (net margin 3.4%) and EBITDA of ₹2.65 Cr (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 515% over three years.
The company has about 80 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Innovative Engineer. As per MCA filings, the company has open charges of ₹7.71 Lakh on record.
Innovative Engineers Hvac Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0107448). For more details, the company can be reached via its website innovativeengineer.net.
Company details
CIN U52100GJ2020PTC112959
Registration Number 112959
Incorporation Date 26 February 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0107448
Key People
Nileshchanddra Dhruv Director Altaf Allarkhabhai Mansuri Director Niraj Shivgiri Goswami Director Recognitions & Rankings of Innovative Engineers Hvac
Contact details
Innovative Engineers Hvac Private Limited's registered office is in Ahmedabad, Gujarat. Its website is innovativeengineer.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 301 Synergy Tower Nr. Vodafone House Corporate Road Prahladnagar, Ahmedabad, Gujarat, India – 380015
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
To see the full contact details of Innovative Engineers Hvac Private Limited, buy the company report.
Comprehensive company report
Innovative Engineers Hvac 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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Brands
Innovative Engineers Hvac operates one associated brand: Innovative Engineer. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers turnkey HVAC, BMS, and electrical engineering services to various industries worldwide. | innovativeengineer.net |
Business activity
The main business activity of Innovative Engineers Hvac is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Innovative Engineers Hvac Private Limited, buy the company report.
Financials of Innovative Engineers Hvac Private Limited
FY 2025 filings availableInnovative Engineers Hvac Private Limited reported revenue of ₹57.58 Cr (up 72% YoY) for FY 2025.
Revenue · FY 2025
₹57.58 Cr ▲ 72%
Net profit · FY 2025
₹1.97 Cr margin 3.4%
EBITDA · FY 2025
₹2.65 Cr margin 4.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 72%
3 years · compounded
▲ 515%
EBITDA CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 430%
Revenue has grown at a compounded annual rate (CAGR) of 515% over three years, including 72% growth in the latest year. EBITDA rose 40% 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 |
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| Total Expenses | |||||
| EBITDA | ₹2.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.97 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 3.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Innovative Engineers Hvac Private Limited, buy the company report.
Board of directors of Innovative Engineers Hvac Private Limited
Innovative Engineers Hvac has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nileshchanddra Dhruv | Director | 26 Feb 2020 | 6 Years 8 Months | Current |
| Altaf Allarkhabhai Mansuri | Director | 26 Feb 2020 | 6 Years 8 Months | Current |
| Niraj Shivgiri Goswami | Director | 26 Feb 2020 | 6 Years 8 Months | Current |
Auditor
Innovative Engineers Hvac Private Limited is audited by Malkan Shah & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Malkan Shah & Co | FY 2024 | 157839W |
Shareholding
The shareholding of Innovative Engineers Hvac Private Limited is on record for 4 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | 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 Engineers Hvac Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.71 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jun 2024 | 100949220 | Hdfc Bank Limited | ₹7.71 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Innovative Engineers Hvac 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 Engineers Hvac Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innovative Engineers Hvac Private Limited has a workforce of 80 employees on its EPFO records as of May 21, 2025, across 1 active EPFO establishment.
Employee count
80
Active EPFO establishments
1
Employee growth
135.29%
GST
Innovative Engineers Hvac has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCI6008L1ZK | Gujarat | Active | 26 Jul 2021 |
To see the full GST registrations and return filing status of Innovative Engineers Hvac Private Limited, buy the company report.
Recent activity
Innovative Engineers Hvac Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Mahendra Ranchhodbhai Sathavara ceased to be Director on 31 Mar 2024.
AGM
Innovative Engineers Hvac Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innovative Engineers Hvac Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.71 Lakh with Charge ID 100949220 was registered on 25 Jun 2024.
Ceased
Mahendra Ranchhodbhai Sathavara ceased to be Director.
Appointed
Altaf Allarkhabhai Mansuri was appointed as Director.
Appointed
Nileshchanddra Dhruv was appointed as Director.
Appointed
Niraj Shivgiri Goswami was appointed as Director.
Incorporation
26 Feb 2020
Innovative Engineers Hvac Private Limited was registered on 26 Feb 2020 with Roc Ahmedabad & aged 6 years 8 months as per MCA records.
Frequently asked questions
Innovative Engineers Hvac is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 26 February 2020 (6+ years old) and is registered under CIN U52100GJ2020PTC112959.
Innovative Engineers Hvac has 3 current directors:
- Nileshchanddra Dhruv - Director
- Altaf Allarkhabhai Mansuri - Director
- Niraj Shivgiri Goswami - Director
The latest financial statements of Innovative Engineers Hvac on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Innovative Engineers Hvac is 24AAFCI6008L1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Innovative Engineers Hvac is U52100GJ2020PTC112959. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Engineers Hvac was incorporated on 26 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mahendra Ranchhodbhai Sathavara ceased to be Director on 31 Mar 2024. Altaf Allarkhabhai Mansuri was appointed as Director on 26 Feb 2020. Nileshchanddra Dhruv was appointed as Director on 26 Feb 2020. Innovative Engineers Hvac has 4 board changes on record in total.
Yes, Innovative Engineers Hvac is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0107448).
Innovative Engineers Hvac can be reached through the website innovativeengineer.net. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Innovative Engineers Hvac is at A – 301 Synergy Tower Nr. Vodafone House Corporate Road Prahladnagar, Ahmedabad, Gujarat, India – 380015.
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