MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0070928
Innovative Globetek Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.11 Cr
▼ 28% YoY
Net profit · FY 2025
₹3.65 Lakh
Net margin 1.7%
EBITDA · FY 2025
₹11.06 Lakh
EBITDA margin 5.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹44 Lakh
Secured borrowings
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
About Innovative Globetek Private Limited
Data last updated:
Innovative Globetek Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 23 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52300KA2011PTC061323. Its GSTIN is 29AACCI7834F1ZE (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Venkatappa Gottigere Honnappa and Gottigere Honnappa Sridhar.
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 No 22/1 – 2596/2/1 Ward No. 194 Gottigere Post Bannerghatta Road, Bangalore, Karnataka, India – 560083.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.11 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹3.65 Lakh (net margin 1.7%) and EBITDA of ₹11.06 Lakh (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹44 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
Innovative Globetek Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0070928). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovativesliding.com.
Company details
CIN U52300KA2011PTC061323
Registration Number 061323
Incorporation Date 23 November 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0070928
Recognitions & Rankings of Innovative Globetek
Contact details
Innovative Globetek Private Limited's registered office is in Bangalore, Karnataka. Its website is innovativesliding.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 22/1 – 2596/2/1 Ward No. 194 Gottigere Post Bannerghatta Road, Bangalore, Karnataka, India – 560083
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Innovative Globetek Private Limited, buy the company report.
Comprehensive company report
Innovative Globetek 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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Business activity
The main business activity of Innovative Globetek is manufacturing. In detail, this covers manufacture of fabricated metal products, except machinery and equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 25 | Manufacture of fabricated metal products, except machinery and equipment |
To see the full business activity and turnover split of Innovative Globetek Private Limited, buy the company report.
Financials of Innovative Globetek Private Limited
FY 2025 filings availableInnovative Globetek Private Limited reported revenue of ₹2.11 Cr (down 28% YoY) for FY 2025.
Revenue · FY 2025
₹2.11 Cr ▼ 28%
Net profit · FY 2025
₹3.65 Lakh margin 1.7%
EBITDA · FY 2025
₹11.06 Lakh margin 5.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▲ 17%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 14%
5 years · compounded
▲ 6%
Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 5% 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 | ₹11.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.65 Lakh | ||||
| 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 | 5.2% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Innovative Globetek Private Limited, buy the company report.
Board of directors of Innovative Globetek Private Limited
Innovative Globetek has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatappa Gottigere Honnappa | Director | 20 May 2019 | 7 Years 5 Months | Current |
| Gottigere Honnappa Sridhar | Director | 23 Nov 2011 | 14 Years 11 Months | Current |
Auditor
Innovative Globetek Private Limited is audited by G RAVINDRA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G RAVINDRA & CO | FY 2023 | 202216 |
Shareholding
The shareholding of Innovative Globetek 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 Globetek Private Limited, buy the company report.
Charges & borrowings
Open charges
₹44 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2016 | 100075453 | Vijaya Bank | ₹44 Lakh | Open |
To see the full charge records of Innovative Globetek Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Innovative Globetek Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by Bank of Baroda | Disposed |
To see the full case history of Innovative Globetek 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
No delayed payments to MSME suppliers are on our record for Innovative Globetek Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innovative Globetek Private Limited has 1 active EPFO establishment as of Apr 01, 2024.
Active EPFO establishments
1
GST
Innovative Globetek has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCI7834F1ZE | Karnataka | Active | 01 Jul 2017 |
| 29AAHCC5924D1ZO | Karnataka | Active | 08 Aug 2018 |
To see the full GST registrations and return filing status of Innovative Globetek Private Limited, buy the company report.
Recent activity
Innovative Globetek Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Prem Tumma ceased to be Director on 29 Jan 2022.
AGM
Innovative Globetek Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innovative Globetek Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Prem Tumma ceased to be Director.
Appointed
Venkatappa Gottigere Honnappa was appointed as Director.
Charges
A charge with Vijaya Bank of Rs. 44.00 Lakh registered on 30 Dec 2016 with Charge ID 100075453 was modified on 28 Feb 2018.
Ceased
Venkatappa Gottigere Honnappa ceased to be Additional Director.
Charges
A charge with Vijaya Bank amounted to Rs. 44.00 Lakh with Charge ID 100075453 was registered on 30 Dec 2016.
Ceased
Veena Krupanidhi Halekal Mathad ceased to be Director.
Appointed
Gottigere Honnappa Sridhar was appointed as Director.
Incorporation
23 Nov 2011
Innovative Globetek Private Limited was registered on 23 Nov 2011 with Roc Bangalore & aged 14 years 11 months as per MCA records.
Frequently asked questions
Innovative Globetek is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 23 November 2011 (15+ years old) and is registered under CIN U52300KA2011PTC061323.
Innovative Globetek has 2 current directors:
- Venkatappa Gottigere Honnappa - Director
- Gottigere Honnappa Sridhar - Director
The latest financial statements of Innovative Globetek 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 2015 are in the company report.
The GSTIN of Innovative Globetek is 29AACCI7834F1ZE, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAHCC5924D1ZO (Karnataka).
The CIN (Corporate Identification Number) of Innovative Globetek is U52300KA2011PTC061323. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Globetek has 1 court case on record: 1 filed against it.
Innovative Globetek was incorporated on 23 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Prem Tumma ceased to be Director on 29 Jan 2022. Venkatappa Gottigere Honnappa was appointed as Director on 20 May 2019. Venkatappa Gottigere Honnappa ceased to be Additional Director on 24 Jun 2017. Innovative Globetek has 5 board changes on record in total.
Yes, Innovative Globetek is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0070928).
Innovative Globetek can be reached through the website innovativesliding.com. Its registered office is in Bangalore, Karnataka, India.
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