About Innovative Erp Solutions Limited
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Innovative Erp Solutions Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 27 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2010PLC211432. Its GSTIN is 27AACCI4976J1Z4 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Saumya Alok Nigam and Shweta Alok Nigam.
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 74/II Techno Park C Cross Road MIDC Opp. Seepz Gate No 2 Andheri East, Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.57 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹11.82 Lakh (net margin 7.5%) and EBITDA of ₹28.05 Lakh (EBITDA margin 17.9%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 17% over five years.
The company is associated with 4 brands: Tez ERP, Iesl, Accounts ERP and WebEdify. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iesl.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address74/II Techno Park C Cross Road MIDC Opp. Seepz Gate No 2 Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryInformation Technology, Software Development & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Innovative Erp Solutions Limited
The main business activity of Innovative Erp Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Innovative Erp Solutions Limited FY 2025 filings available
Innovative Erp Solutions Limited reported revenue of ₹1.57 Cr (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Innovative Erp Solutions Limited
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA rose 25% 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 of Innovative Erp Solutions Limited
| 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 | ₹28.05 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.82 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 of Innovative Erp Solutions Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Innovative Erp Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Innovative Erp Solutions Limited
Innovative Erp Solutions Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Artiscien Software Solutions Private Limited | •••• | •••• | •••• | •••• | 13 | Anekal, Karnataka, India |
| SMR Business Solutions Private Limited (OPC) | •••• | •••• | •••• | •••• | - | Secunderabad, Telangana, India |
| Vidoc Technologies Private Limited | •••• | •••• | •••• | •••• | 22 | Mumbai, Maharashtra, India |
| Creo Tech Solutions Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Wrklyf Tech Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Innovative Erp Solutions Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Slang Labs Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Kallada Software Services Private Limited | •••• | •••• | •••• | •••• | - | Irinjalakuda, Kerala, India |
| Infipot Solutions Private Limited | •••• | •••• | •••• | •••• | - | Madurai, Tamil Nadu, India |
| Aakar Engitech Private Limited | •••• | •••• | •••• | •••• | - | Secunderabad, Telangana, India |
| Enova Software and Hardware Solutions Private Limited | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Innovative Erp Solutions by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Innovative Erp Solutions Limited
Innovative Erp Solutions Limited is audited by CHIRAG SHYAM RATHI for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHIRAG SHYAM RATHI | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Innovative Erp Solutions Limited
Innovative Erp Solutions has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saumya Alok Nigam | Director | 04 Sep 2018 | 8 Years 1 Months | Current |
| Shweta Alok Nigam | Director | 04 Sep 2018 | 8 Years 1 Months | Current |
| Kishor Purshottam Rach | Director | 27 Dec 2010 | 15 Years 9 Months | Current |
| Shraddha Alok Nigam | Director | 08 May 2023 | 3 Years 4 Months | Current |
Ownership and Shareholding of Innovative Erp Solutions Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Innovative Erp Solutions Limited
Innovative Erp Solutions Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Innovative Erp Solutions Limited
Innovative Erp Solutions Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.IDA) | Filed against the company by an individual | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Innovative Erp Solutions Limited
Innovative Erp Solutions operates multiple associated brands including Tez ERP, Iesl, and Accounts ERP. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An ERP and business management software for small and medium-sized businesses. | tezerp.com | |
| Provides ERP solutions to streamline business operations. | iesl.co.in | |
| Provides cloud-based ERP software solutions for various industries. | accountserp.com | |
| Provides class management software tailored for coaching classes. | webedify.in |
Employees and EPFO Compliance at Innovative Erp Solutions Limited
Employment history and EPFO contributions of people linked to Innovative Erp Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Innovative Erp Solutions Limited
Innovative Erp Solutions Limited has 9 board changes on record since 2010: 4 appointments and 5 cessations. The latest: Kishor Purshottam Rach ceased to be Director on 05 May 2025.
Credit Ratings, Litigation & Regulatory Alerts for Innovative Erp Solutions Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Innovative Erp Solutions Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Innovative Erp Solutions Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Innovative Erp Solutions Limited
Innovative Erp Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI4976J1Z4 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Innovative Erp Solutions Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Innovative Erp Solutions Limited
Innovative Erp Solutions is an active public limited company based in Mumbai, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 27 December 2010 (16+ years old) and is registered under CIN U74120MH2010PLC211432.
Innovative Erp Solutions reported revenue of ₹1.57 Cr for FY 2025 (down 25% YoY).
Innovative Erp Solutions has 4 current directors:
- Saumya Alok Nigam - Director
- Shweta Alok Nigam - Director
- Kishor Purshottam Rach - Director
- Shraddha Alok Nigam - Director
Innovative Erp Solutions reported a net profit of ₹11.82 Lakh (net margin 7.5%) and EBITDA of ₹28.05 Lakh (EBITDA margin 17.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Innovative Erp Solutions is 18% over three years and 17% over five years. In the latest year (FY 2025) revenue fell 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Innovative Erp Solutions is 27AACCI4976J1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Innovative Erp Solutions is U74120MH2010PLC211432. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Erp Solutions has 1 court case on record: 1 filed against it. 1 is pending.
Innovative Erp Solutions was incorporated on 27 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Innovative Erp Solutions by revenue are Artiscien Software Solutions Private Limited, SMR Business Solutions Private Limited (OPC), Vidoc Technologies Private Limited, Creo Tech Solutions Private Limited, Wrklyf Tech Private Limited and 5 more, all in the Information Technology industry (Software Services).
Kishor Purshottam Rach ceased to be Director on 05 May 2025. Shraddha Alok Nigam was appointed as Director on 08 May 2023. Alok Deodayal Nigam ceased to be Director on 26 Mar 2019. Innovative Erp Solutions has 9 board changes on record in total.