About Innovative Ideals And Services (India) Limited
Data last updated: 29 August 2026
Innovative Ideals And Services (India) Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in electronic components and equipment manufacturing, a part of the broader technology and IT services sector. Incorporated on 06 December 2000, the company has been in operation for over 26 years.
Registered with ROC Mumbai under CIN L64201MH2000PLC129901. Listed on BSE: 541983.
Capital: an authorised share capital of ₹25 Cr and a paid-up capital of ₹11.38 Cr. Formerly known as Innovative Ideals and Services (India) Private Limited and Innovative Ideals and Services (India) Pvt Ltd. It is led by directors including Parvez Yunus Sayyed and Mayank Suresh Gala.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: 202 2Nd Floor Skypark, Mumbai, Maharashtra.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹54.29 Lakh, a decline of 83.16% compared to the previous year. The net worth stands at ₹11.38 Cr (up 167.98% YoY). Total assets are valued at ₹19.91 Cr (down 33.98% YoY).
The company is associated with 1 brand - Innovative. As per MCA filings, the company has open charges of ₹18.11 Cr and satisfied charges of ₹13.88 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovative.in.
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Registered AddressE – 202 2Nd Floor Skypark Near Oshiwara Garden Off Ajit Glass Road Oshiwara Goregoan, (W), Mumbai, Maharashtra, India – 400104
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IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Innovative Ideals And Services (India) Limited
Innovative Ideals And Services (India) Limited has undergone 2 name changes throughout its history. The company was previously known as Innovative Ideals And Services (India) Private Limited, and Innovative Ideals And Services (India) Pvt Ltd. The current legal name is Innovative Ideals And Services (India) Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Innovative Ideals And Services (India) Limited | Current |
| Innovative Ideals And Services (India) Private Limited | Previous |
| Innovative Ideals And Services (India) Pvt Ltd | Previous |
CIN History of Innovative Ideals And Services (India) Limited
Innovative Ideals And Services (India) Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L64201MH2000PLC129901, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L64201MH2000PLC129901 | Current |
| U64201MH2000PTC129901 | Previous |
| U64201MH2000PLC129901 | Previous |
Associated Brands with Innovative Ideals And Services (India) Limited
Innovative Ideals And Services (India) Limited operates one associated brand: Innovative. These brands represent Innovative Ideals And Services (India) Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Innovative is engaged in providing turnkey security products and solutions. | innovative.in |
Competitors & Alternatives of Innovative Ideals And Services (India) Limited
Brands and companies operating in the same space as Innovative Ideals And Services (India) Limited include Liquid Instruments, RP tech, Elecom and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Liquid Instruments
|
Manufacturer of test equipment | San Diego, United States, United States | 2014 |
RP tech
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IT and mobility solutions are distributed across India. | Mumbai, India, India | 1989 |
Elecom
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Consumer electronic products are retailed by Elecom in Japan. | Osaka, Japan, Japan | 1948 |
Lixun Precision Industry
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Multi-category products for enterprises are distributed electronically. | Dongguan, China, China | 2004 |
Dicker Data
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IT accessories, monitors, desktops, displays, and related products are distributed. | Kurnell, Australia, Australia | 1978 |
Design Alpha
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IT hardware products are resold by Design Alpha in India. | Kochi, India, India | 2016 |
Prime Communications
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Prime Communications is recognized as the largest AT&T Authorized Retailer in the United States. | Sugar Land, United States, United States | 1998 |
Contabo
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IT servers and storage hardware are resold by Contabo. | Munich, Germany, Germany | 2003 |
Business Activity of Innovative Ideals And Services (India) Limited
Innovative Ideals And Services (India) Limited is engaged in principal business activities including trade and information and communication, with detailed activities including wholesale trading, other information & communication service activities. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details for Innovative Ideals And Services (India) Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Innovative Ideals And Services (India) Limited
Innovative Ideals And Services (India) Limited is audited by Keyur Shah & Associates (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Keyur Shah & Associates (ICAI peer reviewed, certificate valid till 2027-07-31) | FY 2026 | Statement on impact of audit qualification |
Board of Directors of Innovative Ideals And Services (India) Limited
Innovative Ideals And Services (India) Limited is currently managed by 5 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parvez Yunus Sayyed | Director | 31 May 2022 | 4 Years 2 Months | Current |
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Mayank Suresh Gala
Also directs:
Innovative Ideals And Services (India) Limited
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Director | 23 Jul 2022 | 4 Years 1 Months | Current |
| Tazyeen Maqsood Shaikh | Whole-Time Director | 06 Dec 2000 | 25 Years 8 Months | Current |
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Maqsood Dabir Shaikh
Also directs:
Innovative Ideals And Services (India) Limited, Meditek Lifecare Limited, Innovative Network Track Llp and 1 more
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Managing Director | 06 Dec 2000 | 25 Years 8 Months | Current |
|
Yash Shailesh Gajjar
Also directs:
Innovative Ideals And Services (India) Limited
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Director | 29 Aug 2023 | 3 Years 0 Months | Current |
Financials of Innovative Ideals And Services (India) Limited FY 2026 filings available
Innovative Ideals And Services (India) Limited reported revenue of ₹54.29 Lakh (down 83.16% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹54.29 Lakh | ₹3.22 Cr | ₹25.43 Lakh | ₹3.58 Cr | ₹4.6 Cr | ₹3.49 Cr | ₹12.53 Cr | ₹25.58 Cr |
| Other Income | ₹0 | ₹50.89 Lakh | ₹4.47 Lakh | ₹3.33 Lakh | ₹1.62 Cr | ₹90.33 Lakh | ₹29.99 Lakh | ₹18.42 Lakh |
| Total Income | ₹54.29 Lakh | ₹3.73 Cr | - | - | - | - | - | - |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹8.04 Cr | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹1.13 Cr | ₹20,000 | ₹3.76 Cr | ₹2.38 Cr | ₹3 Cr | ₹0 | ₹18.49 Cr |
| Changes in Inventories | ₹3.81 Cr | ₹0 | ₹2.03 Cr | -₹3.87 Lakh | ₹63.7 Lakh | ₹4.06 Cr | ₹2.25 Cr | -₹3.22 Cr |
| Employee Benefit Expense | ₹74.83 Lakh | ₹86.72 Lakh | ₹89.69 Lakh | ₹1.33 Cr | ₹1.88 Cr | ₹1.84 Cr | ₹1.85 Cr | ₹3.01 Cr |
| Finance Costs | ₹2.93 Lakh | ₹85,000 | ₹1.26 Lakh | ₹36.08 Lakh | ₹1.74 Cr | ₹1.63 Cr | ₹1.43 Cr | ₹1.19 Cr |
| Other Expenses | ₹4.6 Cr | ₹34.87 Lakh | ₹59.68 Lakh | ₹2.14 Cr | ₹6.15 Cr | ₹1.61 Cr | ₹3.13 Cr | ₹1.99 Cr |
| Total Expenses | ₹9.21 Cr | ₹2.38 Cr | ₹3.58 Cr | ₹7.59 Cr | ₹12.84 Cr | ₹12.2 Cr | ₹16.78 Cr | ₹21.54 Cr |
| Profit Before Tax | -₹9.34 Cr | ₹1.35 Cr | -₹3.28 Cr | -₹9.68 Cr | -₹6.62 Cr | -₹7.81 Cr | -₹3.94 Cr | ₹6.04 Cr |
| Total Tax Expense | ₹43,000 | ₹34.9 Lakh | -₹82.18 Lakh | -₹2.44 Cr | -₹1.68 Cr | -₹1.93 Cr | -₹98.07 Lakh | ₹1.62 Cr |
| Net Profit | -₹9.35 Cr | ₹1 Cr | -₹2.46 Cr | -₹7.24 Cr | -₹4.94 Cr | -₹5.87 Cr | -₹2.96 Cr | ₹4.42 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹19.91 Cr | ₹30.16 Cr | ₹28.92 Cr | ₹30.29 Cr | ₹35.53 Cr | ₹38.88 Cr | ₹44.73 Cr | ₹44.5 Cr |
| Non-current Assets | ₹19.36 Cr | ₹22.23 Cr | ₹22.62 Cr | ₹21.86 Cr | ₹20.55 Cr | ₹15.33 Cr | ₹15.33 Cr | ₹7.38 Cr |
| Current Assets | ₹55.75 Lakh | ₹7.93 Cr | ₹6.31 Cr | ₹8.43 Cr | ₹14.98 Cr | ₹23.55 Cr | ₹29.4 Cr | ₹37.12 Cr |
| Property, Plant & Equipment | ₹27.24 Lakh | ₹29.51 Lakh | - | - | - | - | - | - |
| Inventories | ₹50.4 Lakh | ₹3.77 Cr | ₹4.8 Cr | ₹6.84 Cr | ₹12.49 Cr | ₹13.13 Cr | ₹17.19 Cr | ₹19.43 Cr |
| Cash & Equivalents | ₹5.35 Lakh | ₹21,000 | ₹7,000 | ₹38,000 | ₹4.51 Lakh | ₹1.16 Lakh | ₹65,000 | ₹5.51 Lakh |
| Equity (Net Worth) | ₹11.38 Cr | ₹4.25 Cr | - | - | - | - | - | - |
| Current Liabilities | ₹9.93 Cr | ₹11.9 Cr | ₹13.01 Cr | ₹14.62 Cr | ₹13.83 Cr | ₹12.69 Cr | ₹20.01 Cr | ₹16.76 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹4.48 Lakh | -₹19.41 Lakh | -₹1.54 Cr | -₹2.11 Cr | -₹4.18 Cr |
| Investing Cash Flow | ₹0 | ₹0 | ₹0 | ₹1.08 Cr | -₹4.08 Lakh |
| Financing Cash Flow | ₹66,000 | ₹19.55 Lakh | ₹1.54 Cr | ₹99.43 Lakh | ₹4.25 Cr |
| Capital Expenditure | ₹0 | ₹0 | - | - | - |
| Free Cash Flow (computed) | ₹4.48 Lakh | -₹19.41 Lakh | - | - | - |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹5.14 Lakh | ₹14,000 | -₹31,000 | -₹4.13 Lakh | ₹3.14 Lakh |
| Metrics | FY 2022 |
|---|---|
| Revenue from Operations | ₹4.6 Cr |
| Other Income | ₹1.62 Cr |
| Cost of Materials Consumed | ₹0 |
| Purchases of Stock-in-Trade | ₹2.38 Cr |
| Changes in Inventories | ₹63.7 Lakh |
| Employee Benefit Expense | ₹1.88 Cr |
| Finance Costs | ₹1.74 Cr |
| Other Expenses | ₹6.15 Cr |
| Total Expenses | ₹12.84 Cr |
| Profit Before Tax | -₹6.62 Cr |
| Total Tax Expense | -₹1.68 Cr |
| Net Profit | -₹4.94 Cr |
| Metrics | FY 2022 |
|---|---|
| Total Assets | ₹35.5 Cr |
| Non-current Assets | ₹20.52 Cr |
| Current Assets | ₹14.98 Cr |
| Inventories | ₹12.49 Cr |
| Cash & Equivalents | ₹4.45 Lakh |
| Current Liabilities | ₹13.85 Cr |
| Metrics | FY 2022 |
|---|---|
| Operating Cash Flow | -₹4.23 Cr |
| Investing Cash Flow | -₹2.25 Lakh |
| Financing Cash Flow | ₹4.28 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | ₹3.05 Lakh |
Shareholding Pattern of Innovative Ideals And Services (India) Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 0.45%, retail and other public shareholders hold 99.55% of Innovative Ideals And Services (India) Limited. The company had 677 shareholders on record.
| Mar 2026 | Sep 2025 | Mar 2025 | Sep 2024 | Mar 2024 | Sep 2023 | |
|---|---|---|---|---|---|---|
| Promoters | 0.45% | 16.05% | 16.05% | 16.05% | 16.05% | 16.84% |
| Public | 99.55% | 83.95% | 83.95% | 83.95% | 83.95% | 83.16% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|---|
| Promoters | 0.45% | 16.05% | 16.05% | 16.84% | 22.23% | 52.47% |
| Public | 99.55% | 83.95% | 83.95% | 83.16% | 77.77% | 47.53% |
| Promoter change (YoY, %pts) | -15.60 | +0.00 | -0.79 | -5.39 | -30.24 | - |
Charges & Borrowings of Innovative Ideals And Services (India) Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Feb 2022 | Others | ₹1 Cr | Open |
| 12 Jun 2020 | Others | ₹2 Cr | Open |
| 09 Apr 2020 | Others | ₹80 Lakh | Open |
| 07 Jun 2018 | Others | ₹12.58 Cr | Open |
| 28 Jan 2009 | Bank of Maharashtra | ₹20 Lakh | Open |
Total charge records: 11 View all charges
Employees and EPFO Compliance at Innovative Ideals And Services (India) Limited
View historical data on people associated with Innovative Ideals And Services (India) Limited, including employment history and EPFO contributions.
Employee and EPFO history for Innovative Ideals And Services (India) Limited
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GST Compliance of Innovative Ideals And Services (India) Limited
GST registrations and filing compliance for Innovative Ideals And Services (India) Limited
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Credit Ratings, Litigation & Regulatory Alerts for Innovative Ideals And Services (India) Limited
Credit ratings, litigation, and regulatory alerts for Innovative Ideals And Services (India) Limited
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MSME Payment Delays by Innovative Ideals And Services (India) Limited
MSME payment history for Innovative Ideals And Services (India) Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
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Subsidiaries & Group Companies of Innovative Ideals And Services (India) Limited
Corporate group structure for Innovative Ideals And Services (India) Limited
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MCA Filings & Documents of Innovative Ideals And Services (India) Limited
MCA filings and documents for Innovative Ideals And Services (India) Limited
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Recent Activity on Innovative Ideals And Services (India) Limited
Recent News on Innovative Ideals And Services (India) Limited
Frequently Asked Questions about Innovative Ideals And Services (India) Limited
Innovative Ideals And Services (India) Limited is an active public limited company in the information technology sector based in Mumbai, Maharashtra, India. It was incorporated on 06 December 2000 (26+ years old) and is registered under CIN L64201MH2000PLC129901. Listed on BSE: 541983.
Innovative Ideals And Services (India) Limited reported revenue of ₹54.29 Lakh for FY 2026 (down 83.16% YoY) based on standalone BSE filings.
The current directors of Innovative Ideals And Services (India) Limited are:
- Parvez Yunus Sayyed - Director
- Mayank Suresh Gala - Director
- Tazyeen Maqsood Shaikh - Whole-Time Director
- Maqsood Dabir Shaikh - Managing Director
- Yash Shailesh Gajjar - Director
The primary industry of Innovative Ideals And Services (India) Limited is information technology. The company specifically operates in electronic components and equipment manufacturing. The company is currently active in this sector.
Yes. Innovative Ideals And Services (India) Limited is listed on BSE with code 541983.
Innovative Ideals And Services (India) Limited can be reached at the registered office: E – 202 2Nd Floor Skypark Near Oshiwara Garden Off Ajit Glass Road Oshiwara Goregoan, W, Mumbai, Maharashtra, India – 400104, or through the website innovative.in.