Innovative Express Private Limited
About Innovative Express Private Limited
Data last updated:
Innovative Express Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the postal and courier segment of the logistics and supply chain sector. It was incorporated on 21 July 2014.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U64100GJ2014PTC080186. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.1 Cr. It was led by directors including Rajesh Rattan and Mahesh Shriniwas Pareek.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Shop No.G/2 Shantanu Complex Opp Samudra Complex Off C G Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2016, the company reported a revenue of ₹4.12 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹94.49 Lakh (net margin -22.9%) and EBITDA of -₹86.63 Lakh (EBITDA margin -21%).
Court records list 3 cases involving the company, including 3 filed against it.
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- Registered AddressShop No.G/2 Shantanu Complex Opp Samudra Complex Off C G Road, Ahmedabad, Gujarat, India – 380009
- IndustryLogistics, Postal & Courier
- 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 Express Private Limited
The main business activity of Innovative Express is transport and storage. In detail, this covers postal & courier activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H7 | Postal & Courier 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 Express Private Limited FY 2016 filings available
Innovative Express Private Limited reported revenue of ₹4.12 Cr (up 894% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Innovative Express Private Limited
Revenue rose 894% in the latest year. EBITDA fell 338% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Innovative Express Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | -₹86.63 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹94.49 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 Express Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -21% | •••• |
| Net Profit Margin | -22.9% | •••• |
| 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 | •••• | •••• |
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 Express 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.
Board of Directors of Innovative Express Private Limited
Innovative Express has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Rattan | Director | 13 May 2016 | 10 Years 5 Months | As last reported |
| Mahesh Shriniwas Pareek Also directs: Asc Insolvency Services LLP | Director | 18 Jul 2015 | 11 Years 3 Months | As last reported |
| Murari Lal Saboo Also directs: Bina Merchants Company Private Limited | Manager | 21 Jul 2014 | 12 Years 2 Months | As last reported |
| Puja Mundhra | Director | 21 Jul 2014 | 12 Years 2 Months | As last reported |
Peer Comparison of Innovative Express Private Limited
Innovative Express Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Postal & Courier activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mics Logistics Private Limited | ₹4.25 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Vasai East, Maharashtra, India |
| Contour Global Holdings Private Limited | ₹4.23 Cr (FY 2024) | •••• | •••• | -44.0% | •••• | Hyderabad, Telangana, India |
| North Express Logistics Private Limited | ₹4.18 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Mega E Source Transolution Private Limited | ₹4.18 Cr (FY 2024) | •••• | •••• | 65.0% | •••• | Mumbai, Maharashtra, India |
| The Professional Couriers (Cochin-South) Private Limited | ₹4.13 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Kochi, Kerala, India |
| Innovative Express Private Limited this company | ₹4.12 Cr (FY 2016) | •••• | •••• | 894.0% | •••• | Ahmedabad, Gujarat, India |
| Shipclues Solutions Private Limited | ₹4.11 Cr (FY 2024) | •••• | •••• | 1276.0% | •••• | Faridabad, Haryana, India |
| Citispeed Express Logistic Solution Private Limited | ₹4.1 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Kolkata, West Bengal, India |
| Shri Karni Packers and Movers Private Limited | ₹4.08 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | New Delhi, Delhi, India |
| Das Global Freight Private Limited | ₹4.03 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | Bengaluru, Karnataka, India |
| Hyperlocal Logistics Private Limited | ₹4.03 Cr (FY 2023) | •••• | •••• | 62.0% | •••• | Angamaly, Kerala, India |
Peers are the five companies nearest above and the five nearest below Innovative Express by revenue in the same principal business activity (Postal & Courier activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Innovative Express Private Limited
Innovative Express Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Innovative Express Private Limited
Innovative Express Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Civil suit | Filed against the company by Mudita Express Cargo Private Limited | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Datawind Innovation Pvt. Ltd | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 3 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.
Employees and EPFO Compliance at Innovative Express Private Limited
Employment history and EPFO contributions of people linked to Innovative Express.
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 Express Private Limited
Innovative Express Private Limited has 8 board changes on record since 2014: 4 appointments and 4 cessations. The latest: Puja Mundhra ceased to be Director on 23 Jul 2018.
Credit Ratings, Litigation & Regulatory Alerts for Innovative Express Private 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 Express Private 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 Express Private 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 Express Private Limited
Innovative Express has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Express Private 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 Express Private Limited
Innovative Express has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Innovative Express was a private limited company based in Ahmedabad, Gujarat, India. The company worked in postal and courier, within the logistics industry. It was incorporated on 21 July 2014 and is registered under CIN U64100GJ2014PTC080186. The company has been struck off by the Registrar of Companies and is no longer operational.
Innovative Express had 4 directors:
- Rajesh Rattan - Director
- Mahesh Shriniwas Pareek - Director
- Puja Mundhra - Director
- Murari Lal Saboo - Manager
The CIN (Corporate Identification Number) of Innovative Express is U64100GJ2014PTC080186. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Innovative Express is at Shop No.G2 Shantanu Complex Opp Samudra Complex Off C G Road, Ahmedabad, Gujarat, India – 380009.
Innovative Express was incorporated on 21 July 2014. It is registered with the Registrar of Companies, Ahmedabad.
Innovative Express reported revenue of ₹4.12 Cr for FY 2016 (up 894% YoY).
Innovative Express has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.1 Cr.
Innovative Express reported a net loss of ₹94.49 Lakh (net margin -22.9%) and EBITDA of -₹86.63 Lakh (EBITDA margin -21%) for FY 2016, as per its filed financial statements.
No. Innovative Express has 1 GST registration on record and it is cancelled or inactive.
Innovative Express operated in the logistics industry, in the postal and courier segment. It worked in this industry before it was struck off.