- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-09-0004916

About Innovative Pharmatech Private Limited
Data last updated:
Innovative Pharmatech Private Limited is a private limited company based in Mehsana, Gujarat, India. It operates in the hospital infrastructure and equipment providers segment of the healthcare sector. It was incorporated on 11 January 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36999GJ2021PTC119435. Its GSTIN is 24AAFCI9782F1ZA (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Smitesh Vasudevbhai Prajapati (Managing Director) and Vasudev Mohanlal Prajapati (Managing Director).
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 130 Kamala Amrut Inditech Park, Mehsana, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.54 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹16.83 Lakh (net margin 2.6%) and EBITDA of ₹51.57 Lakh (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.
As per MCA filings, the company has open charges of ₹1.15 Cr on record.
Innovative Pharmatech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0004916). For more details, the company can be reached via its website innovativeinc.co.in.
Company details
Recognitions & Rankings of Innovative Pharmatech
Contact details
Innovative Pharmatech Private Limited's registered office is in Mehsana, Gujarat.
- Registered AddressPlot No 45/130 Kamala Amrut Inditech Park Phase 1, Indrad Chhatral Kadi Road, Mehsana, Gujarat, India – 384440
- IndustryHealthcare, Hospital Infrastructure & Equipment Providers
- 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 Pharmatech is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Innovative Pharmatech Private Limited, buy the company report.
Financials of Innovative Pharmatech Private Limited
FY 2025 filings availableInnovative Pharmatech Private Limited reported revenue of ₹6.54 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 26% 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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| EBITDA | ₹51.57 Lakh | ||||
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| Net Profit (PAT) | ₹16.83 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 7.9% | ||||
| Net Profit Margin | 2.6% | ||||
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To see the full financial statements and ratios of Innovative Pharmatech Private Limited, buy the company report.
Board of directors of Innovative Pharmatech Private Limited
Innovative Pharmatech has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chintan Ramesh Chokshi | Director | 13 Apr 2021 | 5 Years 6 Months | Current |
| Jignesh Vasudevbhai Prajapati | Director | 16 Apr 2024 | 2 Years 6 Months | Current |
| Smitesh Vasudevbhai Prajapati | Managing Director | 11 Jan 2021 | 5 Years 9 Months | Current |
| Vasudev Mohanlal Prajapati | Managing Director | 11 Jan 2021 | 5 Years 9 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2023 | 100726396 | Others | ₹1.1 Cr | Open | |
| 01 Jan 2022 | 100525619 | Others | ₹5 Lakh | Open |
To see the full charge records of Innovative Pharmatech Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Innovative Pharmatech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Innovative Pharmatech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innovative Pharmatech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCI9782F1ZA | Gujarat | Active | 02 Feb 2021 |
To see the full GST registrations and return filing status of Innovative Pharmatech Private Limited, buy the company report.
Recent activity
Innovative Pharmatech Private Limited has 5 board changes on record since 2021: 4 appointments and 1 cessation. The latest: Jignesh Vasudevbhai Prajapati was appointed as Director on 16 Apr 2024.
Frequently asked questions
Innovative Pharmatech is an active private limited company based in Mehsana, Gujarat, India. The company works in hospital infrastructure and equipment providers, within the healthcare industry. It was incorporated on 11 January 2021 (5+ years old) and is registered under CIN U36999GJ2021PTC119435.
Innovative Pharmatech has 4 current directors:
- Smitesh Vasudevbhai Prajapati - Managing Director
- Vasudev Mohanlal Prajapati - Managing Director
- Chintan Ramesh Chokshi - Director
- Jignesh Vasudevbhai Prajapati - Director
The latest financial statements of Innovative Pharmatech 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 FY 2021 are in the company report.
The GSTIN of Innovative Pharmatech is 24AAFCI9782F1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Innovative Pharmatech is U36999GJ2021PTC119435. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Pharmatech was incorporated on 11 January 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jignesh Vasudevbhai Prajapati was appointed as Director on 16 Apr 2024. Jignesh Vasudevbhai Prajapati ceased to be Director on 19 Jul 2021. Chintan Ramesh Chokshi was appointed as Director on 13 Apr 2021. Innovative Pharmatech has 5 board changes on record in total.
Yes, Innovative Pharmatech is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-09-0004916).
Innovative Pharmatech can be reached through the website innovativeinc.co.in. Its registered office is in Mehsana, Gujarat, India.
The registered office of Innovative Pharmatech is at Plot No 45130 Kamala Amrut Inditech Park Phase 1, Indrad Chhatral Kadi Road, Mehsana, Gujarat, India – 384440.