Innovative Ideals and Services (India) Limited

Innovative Ideals and Services (India) Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L64201MH2000PLC129901 Incorporated 06 December 2000 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 541983 Public Limited Company information technology MSME · Small
Data last updated
Market Cap
₹18.78 Cr
INNOVATIVE · BSE
Share Price
₹16.50
0.00% today
Revenue
₹4.60 Cr
FY 2021-22
EBITDA
−₹6.46 Cr
Margin -140.4%
Net Profit
−₹4.95 Cr
FY 2021-22
Debt / Equity
1.30
Interest cover -26.7x
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹11.38 Cr
Issued & subscribed

About Innovative Ideals and Services (India) Limited

Data last updated:

Innovative Ideals and Services (India) Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 06 December 2000 and has been in existence for over 26 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L64201MH2000PLC129901. Its GSTIN is 37AAACI9568E1ZA (Andhra Pradesh). The company holds 8 GST registrations, of which 7 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 541983.

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹11.38 Cr. It was formerly known as Innovative Ideals and Services (India) Private Limited and Innovative Ideals and Services (India) Pvt Ltd. It is led by directors including Maqsood Dabir Shaikh (Managing Director) and Tazyeen Maqsood Shaikh (Whole-Time Director).

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 202 2nd Floor Skypark, Mumbai, Maharashtra.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹54 Lakh, a decline of 83.2% compared to the previous year. For the same year it recorded a net loss of ₹8.67 Cr and EBITDA of -₹9.3 Cr. Total assets are valued at ₹14.82 Cr (down 38.6% 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. Court records list 31 cases involving the company, including 10 filed by the company and 21 filed against it; 9 cases are pending. The company has 133 deals on record (132 market trades, 1 ipo); the latest was in March 2026. The company has 10 MSME Form 1 returns on record between 2019 and 2023, listing 174 overdue payments to 27 micro and small suppliers.

Innovative Ideals and Services (India) Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0037223). 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.

Company details

CIN L64201MH2000PLC129901
Registration Number 129901
Incorporation Date 06 December 2000
ROC Mumbai
Listing Status Listed - Listed on BSE (541983)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0037223

Name history

Innovative Ideals and Services (India) 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.

Company NameStatus
Innovative Ideals and Services (India) LimitedCurrent
Innovative Ideals And Services (India) Private LimitedPrevious
Innovative Ideals And Services (India) Pvt LtdPrevious

CIN history

Innovative Ideals and Services (India) 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.

CINStatus
L64201MH2000PLC129901Current
U64201MH2000PTC129901Previous
U64201MH2000PLC129901Previous

Recognitions & Rankings of Innovative Ideals and Services (India)

MSME (Udyam registered) Ministry of MSME
Category
Small (2020-21)
Udyam number
UDYAM-MH-19-0037223

Contact details

Innovative Ideals and Services (India) Limited's registered office is in Mumbai, Maharashtra. Its website is innovative.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    E – 202 2nd Floor Skypark Near Oshiwara Garden Off Ajit Glass Road Oshiwara Goregoan, (W), Mumbai, Maharashtra, India – 400104
  • Industry
    Information Technology, Electronic Components & Equipment Manufacturing

To see the full contact details of Innovative Ideals and Services (India) Limited, buy the company report.

Comprehensive company report
Innovative Ideals and Services (India) 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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Secure checkout · GST invoice included

Brands

Innovative Ideals and Services (India) operates one associated brand: Innovative. Each brand links to its own profile.

BrandDescriptionWebsite
Innovative is engaged in providing turnkey security products and solutions.innovative.in

Business activity

The main business activities of Innovative Ideals and Services (India) are trade and information and communication. In detail, this covers wholesale trading and other information & communication service activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Innovative Ideals and Services (India) Limited, buy the company report.

Financials of Innovative Ideals and Services (India) Limited

FY 2025-26 filings available

Innovative Ideals and Services (India) Limited reported revenue of ₹54 Lakh (down 83.2% YoY) for FY 2025-26.

Financial Highlights

FY 2021-22 · Consolidated
Revenue
₹4.60 Cr
EBITDA
−₹6.46 Cr
Profit After Tax
−₹4.95 Cr
Net Worth
₹12.90 Cr
Total Assets
₹29.94 Cr
Total Debt
₹16.77 Cr

Financial summary ₹ Cr

MetricsFY 2021-22
Income statement
Revenue4.60
EBITDA(6.46)
EBITDA margin-140.4%
Profit before tax(6.63)
Net profit(4.95)
Net profit margin-107.6%
EPS (₹)(4.34)
Balance sheet
Total assets29.94
Net worth12.90
Total debt16.77
Cash & bank0.04
Net working capital9.41
Cash flow
Cash from operations(4.23)
Cash from investing(0.02)
Cash from financing4.28
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue0.543.220.253.584.603.4912.53
Revenue growth-83.2%+1188.0%-93.0%-22.2%+31.8%-72.2%-51.0%
EBITDA(9.30)0.87(3.29)(9.30)(6.46)(6.97)(2.75)
EBITDA margin-1722.2%+27.0%-1316.0%-259.8%-140.4%-199.7%-22.0%
Profit before tax(9.35)1.34(3.30)(9.68)(6.63)(7.82)(3.96)
Net profit(8.67)0.99(2.48)(1.52)(4.95)(5.89)(2.98)
Net profit margin-1605.6%+30.8%-992.0%-42.5%-107.6%-168.8%-23.8%
EPS (₹)(8.22)0.88(2.16)(6.36)(4.34)(5.16)(2.60)
Balance sheet
Total assets14.8224.1523.0323.9629.9632.9235.49
Net worth(5.10)4.253.245.7012.9417.8823.76
Total debt19.8719.8319.6318.1116.7614.7611.35
Cash & bank0.050.000.000.000.050.010.01
Net working capital(4.55)1.510.412.109.4210.0420.17
Cash flow
Cash from operations0.040.20(1.54)(2.11)(4.18)3.891.19
Cash from investing0.000.000.000.02(0.04)0.00(0.04)
Cash from financing0.01(0.20)1.542.054.25(3.89)(1.19)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 27 Oct 2026
ParticularsFY 2021-22
Revenue4.60
Other income1.62
Total expenses11.06
Employee cost1.52
EBITDA(6.46)
EBITDA margin-140.4%
Depreciation0.05
Interest1.74
Profit before tax(6.63)
Tax(1.68)
Net profit(4.95)
Net profit margin-107.6%
EPS (₹)(4.34)
ParticularsFY 2021-22
Equity & liabilities
Share capital11.38
Reserves & surplus1.52
Shareholders' funds (net worth)12.90
Minority interest(0.01)
Secured loans14.95
Unsecured loans1.82
Total debt16.77
Total liabilities29.94
Assets
Gross block1.28
Net block0.40
Capital work in progress0.00
Investments0.00
Inventories12.49
Sundry debtors1.92
Cash & bank balances0.04
Loans & advances0.52
Total current assets14.97
Total current liabilities5.56
Net working capital9.41
Total assets29.94
ParticularsFY 2021-22
Opening cash0.01
Net cash from operating activities(4.23)
Net cash from investing activities(0.02)
Net cash from financing activities4.28
Net change in cash0.03
Closing cash0.04
ParticularsFY 2021-22
Growth
PBT growth+9997.0%
Profitability & leverage
Net income margin-107.6%
Return on capital employed0.0%
Return on net worth0.0%
Debt / equity1.30
Long-term debt / equity0.66
Interest cover-26.73
Efficiency & per share
Fixed asset turnover3.59
Inventory turnover0.37
Debtors turnover2.40
EPS (₹)(4.34)
Dividend per share (₹)0.00
Book value per share (₹)11.34
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue0.543.220.253.584.603.4912.53
Revenue growth-83.2%+1188.0%-93.0%-22.2%+31.8%-72.2%-51.0%
Other income0.000.510.040.031.620.900.30
Total expenses9.842.353.5412.8811.0610.4615.28
Employee cost0.570.690.721.331.521.481.85
EBITDA(9.30)0.87(3.29)(9.30)(6.46)(6.97)(2.75)
EBITDA margin-1722.2%+27.0%-1316.0%-259.8%-140.4%-199.7%-22.0%
Depreciation0.020.030.040.050.050.060.08
Interest0.030.010.010.361.741.691.43
Profit before tax(9.35)1.34(3.30)(9.68)(6.63)(7.82)(3.96)
Tax0.000.35(0.82)(2.44)(1.68)(1.93)(0.98)
Net profit(8.67)0.99(2.48)(1.52)(4.95)(5.89)(2.98)
Net profit margin-1605.6%+30.8%-992.0%-42.5%-107.6%-168.8%-23.8%
EPS (₹)(8.22)0.88(2.16)(6.36)(4.34)(5.16)(2.60)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital11.3811.3811.3811.3811.3811.3811.38
Reserves & surplus(16.48)(7.13)(8.14)(5.68)1.566.5012.38
Shareholders' funds (net worth)(5.10)4.253.245.7012.9417.8823.76
Secured loans13.5213.2912.6613.7414.9313.6310.24
Unsecured loans6.356.546.974.371.831.131.11
Total debt19.8719.8319.6318.1116.7614.7611.35
Total liabilities14.8224.1523.0323.9629.9632.9235.49
Assets
Gross block1.281.281.281.281.281.261.26
Net block0.280.300.330.360.400.430.50
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.000.000.000.020.000.00
Inventories0.503.774.806.8412.4913.1317.19
Sundry debtors0.003.751.121.041.922.667.76
Cash & bank balances0.050.000.000.000.050.010.01
Loans & advances0.000.000.380.550.520.204.44
Total current assets0.557.526.308.4314.9816.0029.40
Total current liabilities5.106.015.896.335.565.969.23
Net working capital(4.55)1.510.412.109.4210.0420.17
Total assets14.8224.1523.0323.9629.9632.9235.49
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.000.000.000.050.010.010.06
Net cash from operating activities0.040.20(1.54)(2.11)(4.18)3.891.19
Net cash from investing activities0.000.000.000.02(0.04)0.00(0.04)
Net cash from financing activities0.01(0.20)1.542.054.25(3.89)(1.19)
Net change in cash0.050.000.00(0.04)0.030.00(0.04)
Closing cash0.050.000.000.000.050.010.01
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-83.2%+1188.0%-93.0%-22.2%+31.8%-72.2%-51.0%
EBITDA growth-1169.0%+126.4%+64.6%-44.0%+7.3%-153.5%-151.8%
PBT growth-+9998.0%+65.9%-46.0%+15.2%-97.5%-
Net income growth-975.8%+139.9%-63.2%+69.3%+16.0%-97.7%-195.2%
Revenue CAGR (3Y)-46.8%-11.2%-58.5%-34.1%-43.6%-44.4%+5.7%
EBITDA CAGR (3Y)0.0%--22.1%+50.1%---
Profitability & leverage
Net income margin-1731.5%+30.8%-992.0%-202.2%-107.6%-168.8%-23.8%
Return on capital employed0.0%+4.3%0.0%0.0%0.0%0.0%-7.6%
Return on net worth0.0%+8.7%0.0%0.0%0.0%0.0%-11.7%
Debt / equity0.005.274.221.871.020.630.30
Long-term debt / equity0.003.532.500.980.540.210.03
Interest cover-0.321.19-0.30-3.85-26.73-24.04-50.53
Efficiency & per share
Fixed asset turnover0.422.520.202.803.622.7710.10
Inventory turnover0.250.750.040.370.360.230.68
Debtors turnover0.291.320.232.422.010.671.17
EPS (₹)(8.22)0.88(2.16)(6.36)(4.34)(5.16)(2.60)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)(4.48)3.732.855.0111.3715.7120.87

To see the full year-wise statements and ratios of Innovative Ideals and Services (India) Limited, buy the company report.

Board of directors of Innovative Ideals and Services (India) Limited

Innovative Ideals and Services (India) has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Parvez Yunus SayyedDirector31 May 20224 Years 4 MonthsCurrent
Mayank Suresh GalaDirector23 Jul 20224 Years 3 MonthsCurrent
Tazyeen Maqsood ShaikhWhole-Time Director06 Dec 200025 Years 10 MonthsCurrent
Maqsood Dabir ShaikhManaging Director06 Dec 200025 Years 10 MonthsCurrent
Yash Shailesh GajjarDirector29 Aug 20233 Years 1 MonthsCurrent

Auditor

Innovative Ideals and Services (India) Limited is audited by Keyur Shah & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Keyur Shah & Co.FY 2023141173W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 0.40%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 99.60%.

Promoters: 0.40%Retail & Others: 99.60%
Sep 2026
QUARTER
0.40% Promoters
99.60% Retail & Others
Promoter holding - history
Now 0.40% · Sep 2026High 16.00% · Dec 2025Low 0.40% · Sep 2026
0%4.3%8.5%12.8%17%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 16.00%Mar 2026: 16.00%Jun 2026: 16.00%Sep 2026: 0.40%16.00%0.40%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters0.40%16.00%16.00%16.00%
Public99.60%84.00%84.00%84.00%

Charges & borrowings

Open charges
₹18.11 Cr
Satisfied charges
₹13.88 Cr
Breakdown by lending institutions
Others₹16.38 Cr
Bank of Maharashtra₹1.73 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Feb 2022100543590Others₹1 CrOpen
12 Jun 2020100398053Others₹2 CrOpen
09 Apr 2020100398055Others₹80 LakhOpen
07 Jun 2018100226912Others₹12.58 CrOpen
28 Jan 200910142418Bank of Maharashtra₹20 LakhOpen

To see the full charge records of Innovative Ideals and Services (India) Limited, buy the company report.

Total charge records: 11 View all charges

Deals & funding

Innovative Ideals and Services (India) Limited has 133 deals on record (132 market trades, 1 ipo); the latest was in March 2026.

Total deals
133
Market trades
132
IPO
1

Deals on record (5 of 133)

WhenDealAmountParties
Dec 2024Market trade₹70.7 LakhBuyer: 3 individuals
Seller: Navyug Global Enterprises, Mi Lifestyle Marketing Global Private Limited
Nov 2024Market trade₹31.1 LakhBuyer: an individual
Seller: Mi Lifestyle Marketing Global Private Limited
Sep 2024Market trade₹18.3 LakhSeller: Affluence Shares and Stocks Private Limited
Mar 2024Market trade₹21.9 LakhBuyer: Affluence Shares and Stocks Private Limited
Feb 2024Market trade₹15.1 LakhSeller: Kent R O Systems Limited

To see the full deal history of Innovative Ideals and Services (India) Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Innovative Ideals and Services (India) Limited was last rated by Care on 05 Apr 2022.

Rating agencyRated onRating
Care05 Apr 2022

To see the full credit ratings and regulatory alerts of Innovative Ideals and Services (India) Limited, buy the company report.

MSME payment delays

Innovative Ideals and Services (India) Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 174 overdue payments to 27 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 27)

SupplierAmount dueDue sinceReported on
Universal Links
Atlas Catv System
an individual supplier
an individual supplier
Vighnaharta Technologies Private Limited

To see the full MSME payment records of Innovative Ideals and Services (India) Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Innovative Ideals and Services (India) has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
8
Active
7
Cancelled / inactive
1
GSTINStateStatusRegistered on
37AAACI9568E1ZAAndhra PradeshActive26 Jan 2019
16AAACI9568E1ZETripuraActive05 Mar 2019
32AAACI9568E1ZKKeralaActive05 Mar 2019
21AAACI9568E1ZNOdishaActive15 Mar 2019

To see the full GST registrations and return filing status of Innovative Ideals and Services (India) Limited, buy the company report.

Recent activity

Innovative Ideals and Services (India) Limited has 19 board changes on record since 2000: 12 appointments and 7 cessations. The latest: Paresh Bhupendra Mojidra ceased to be Director on 29 Aug 2023.

Filing
Innovative Ideals And Services (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
AGM
Innovative Ideals And Services (India) Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Ceased
Paresh Bhupendra Mojidra ceased to be Director.
Appointed
Yash Shailesh Gajjar was appointed as Director.
Appointed
Mayank Suresh Gala was appointed as Director.
Appointed
Paresh Bhupendra Mojidra was appointed as Director.
Ceased
Sunnykumar Jitendrabhai Narwani ceased to be Director.
Ceased
Bhavesh Nareshbhai Sonesara ceased to be Director.
Appointed
Parvez Yunus Sayyed was appointed as Director.
Ceased
Anwar Ismail Baig ceased to be Director.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100543590 was registered on 10 Feb 2022.
Appointed
Bhavesh Nareshbhai Sonesara was appointed as Director.

30 earlier events are in the company report.

Frequently asked questions

Innovative Ideals and Services (India) is an active public limited company based in Mumbai, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. 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) reported revenue of ₹54 Lakh for FY 2025-26 (down 83.2% YoY) based on standalone financials.

Innovative Ideals and Services (India) has 5 current directors:

The latest financial statements of Innovative Ideals and Services (India) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Innovative Ideals and Services (India) is 37AAACI9568E1ZA, registered in Andhra Pradesh. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 16AAACI9568E1ZE (Tripura), 32AAACI9568E1ZK (Kerala), 21AAACI9568E1ZN (Odisha).

The CIN (Corporate Identification Number) of Innovative Ideals and Services (India) is L64201MH2000PLC129901. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Innovative Ideals and Services (India) is a listed company as per MCA records. Its shares are listed on BSE (code: 541983).

Innovative Ideals and Services (India) has 31 court cases on record: 10 filed by the company and 21 filed against it. 9 are pending. Most are in the district courts.

Innovative Ideals and Services (India) was incorporated on 06 December 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.

Innovative Ideals and Services (India) has 133 deals on record (132 market trades, 1 ipo); the latest was in March 2026.

Paresh Bhupendra Mojidra ceased to be Director on 29 Aug 2023. Yash Shailesh Gajjar was appointed as Director on 29 Aug 2023. Mayank Suresh Gala was appointed as Director on 23 Jul 2022. Innovative Ideals and Services (India) has 19 board changes on record in total.