- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-05-0006929

About Innovative Facility Solutions Private Limited
Data last updated:
Innovative Facility Solutions Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the facility management segment of the business services sector. It was incorporated on 07 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2013PTC251724. Its GSTIN is 07AADCI3894C1ZL (Delhi). The company holds 2 GST registrations, all of them 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 Nipun Mahajan and Vivek Vahie.
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 Mb – 10 Naurang House 21 Kasturba Ghandhi Marg, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.24 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹80.92 Lakh (net margin 3.8%) and EBITDA of ₹2.13 Cr (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 1% over five years.
The company has about 408 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.04 Cr and satisfied charges of ₹2.96 Cr on record. Court records list 16 cases involving the company, including 12 filed by the company and 4 filed against it; 3 cases are pending.
Innovative Facility Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0006929). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovativefacility.com.
Company details
Recognitions & Rankings of Innovative Facility Solutions
Contact details
Innovative Facility Solutions Private Limited's registered office is in New Delhi, Delhi. Its website is innovativefacility.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMb – 10 Naurang House 21 Kasturba Ghandhi Marg, New Delhi, Delhi, India – 110001
- IndustryBusiness Services, Facility Management
To see the full contact details of Innovative Facility 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
Business activity
The main business activity of Innovative Facility Solutions is administrative and support service activities. In detail, this covers rental and leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 77 | Rental and leasing activities |
To see the full business activity and turnover split of Innovative Facility Solutions Private Limited, buy the company report.
Financials of Innovative Facility Solutions Private Limited
FY 2024 filings availableInnovative Facility Solutions Private Limited reported revenue of ₹21.24 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 14% growth in the latest year. EBITDA rose 77% 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 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹80.92 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | ||||
| Net Profit Margin | 3.8% | ||||
| 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 Facility Solutions Private Limited, buy the company report.
Board of directors of Innovative Facility Solutions Private Limited
Innovative Facility Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nipun Mahajan | Director | 14 Sep 2016 | 10 Years 1 Months | Current |
| Vivek Vahie Also directs: Blitz Management Solutions Private Limited, Quattro Infotech Private Limited, Mont Blanc Ventures Private Limited and 1 more | Director | 13 Jun 2023 | 3 Years 4 Months | Current |
| Karan Bedi Also directs: Blitz Management Solutions Private Limited, Quattro Magic Solutions LLP, Aq Estates LLP and 5 more | Director | 07 May 2013 | 13 Years 5 Months | Current |
Auditor
Innovative Facility Solutions Private Limited is audited by VINODK.AGARWAL& CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINODK.AGARWAL& CO. | FY 2023 | 000703C |
Shareholding
The shareholding of Innovative Facility Solutions Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Innovative Facility Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Sep 2023 | 100824772 | Axis Bank Limited | ₹30 Lakh | Open | |
| 29 Aug 2023 | 100794602 | Others | ₹74 Lakh | Open | |
| 01 Nov 2017 | 100135383 | Others | ₹2.96 Cr | Satisfied |
To see the full charge records of Innovative Facility Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Innovative Facility Solutions Private Limited has 16 court cases on record: 12 filed by Innovative Facility Solutions, 4 filed against it. 3 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 2 |
| High courts | 4 | 1 | 0 |
| NCLT | 4 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLAT | 1 | 0 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Affordable Infrastructure & Housing Projects Pvt. Ltd | Pending |
| High Court of Delhi | Arbitration matter | Filed by the company against M/S Affordable Infrastructure and Housing Projects Pvt Ltd | Disposed |
| District court, Gurugram, Haryana | Arbitration matter | Filed by the company against Censhare India Private Limited | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed by the company against M/S Affordable Infrastructure and Housing Projects Pvt Ltd & Anr. | Disposed |
| High Court, HARYANA | Arbitration matter | Filed against the company by M/S Censhare India Pvt. Ltd. | Disposed |
To see the full case history of Innovative Facility 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
Innovative Facility Solutions Private Limited has 3 MSME Form 1 returns on record between 2019 and 2021, listing 73 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Saraya Mystair Hygiene Private Limited | |||
| an individual supplier | |||
| Citialert Security Private Limited | |||
| Super Angel Securitas Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Innovative Facility Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Innovative Facility Solutions Private Limited has a workforce of 408 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
GST
Innovative Facility Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCI3894C1ZL | Delhi | Active | 01 Jul 2017 |
| 06AADCI3894C1ZN | Haryana | Active | 03 Jul 2017 |
To see the full GST registrations and return filing status of Innovative Facility Solutions Private Limited, buy the company report.
Recent activity
Innovative Facility Solutions Private Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Vivek Vahie ceased to be Additional Director on 28 Sep 2023.
1 earlier event is in the company report.
Frequently asked questions
Innovative Facility Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in facility management, within the business services industry. It was incorporated on 07 May 2013 (13+ years old) and is registered under CIN U74900DL2013PTC251724.
Innovative Facility Solutions has 3 current directors:
- Nipun Mahajan - Director
- Vivek Vahie - Director
- Karan Bedi - Director
The latest financial statements of Innovative Facility 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 2015 are in the company report.
The GSTIN of Innovative Facility Solutions is 07AADCI3894C1ZL, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AADCI3894C1ZN (Haryana).
The CIN (Corporate Identification Number) of Innovative Facility Solutions is U74900DL2013PTC251724. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Facility Solutions has 16 court cases on record: 12 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.
Innovative Facility Solutions was incorporated on 07 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
Vivek Vahie ceased to be Additional Director on 28 Sep 2023. Vivek Vahie was appointed as Director on 13 Jun 2023. Aditya Bedi ceased to be Director on 20 Mar 2017. Innovative Facility Solutions has 5 board changes on record in total.
Yes, Innovative Facility Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-HR-05-0006929).
Innovative Facility Solutions has 3 MSME Form 1 returns on record between 2019 and 2021, listing 73 overdue payments to 10 micro and small suppliers. The latest return was filed on 05 May 2021.
Innovative Facility Solutions can be reached through the website innovativefacility.com. Its registered office is in New Delhi, Delhi, India.