Innovative Process Equipments Private Limited
About Innovative Process Equipments Private Limited
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Innovative Process Equipments Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the industrial pumps and fluid systems segment of the machinery and industrial equipment sector. It was incorporated on 06 August 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29120KA1986PTC007729. Its GSTIN is 29AAACI4286P1ZV (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors Ketan Maheshwari and Rita Maheshwari.
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 B – 475 Gokul Industrial Estate Gokul Road, Hubli, Karnataka, India – 580030.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.92 Cr, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹2,044 (net margin 0%) and EBITDA of ₹4.62 Lakh (EBITDA margin 2.4%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 17% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.29 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo B – 475 Gokul Industrial Estate Gokul Road, Hubli, Karnataka, India – 580030
- IndustryMachinery and Equipment, Industrial Pumps & Fluid Systems
- 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
- One PDF report, delivered after checkout
CIN History of Innovative Process Equipments Private Limited
Innovative Process Equipments has one previous CIN (Corporate Identification Number): U23209KA1986PTC007729. The current CIN is U29120KA1986PTC007729, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29120KA1986PTC007729 | Current |
| U23209KA1986PTC007729 | Previous |
Business Activity of Innovative Process Equipments Private Limited
The main business activity of Innovative Process Equipments is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Innovative Process Equipments Private Limited
Innovative Process Equipments Private Limited is audited by D Sumermal Ostwal & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D Sumermal Ostwal & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Innovative Process Equipments Private Limited
Innovative Process Equipments has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketan Maheshwari | Director | 20 Oct 1987 | 38 Years 11 Months | Current |
| Rita Maheshwari | Director | 14 Feb 2024 | 2 Years 7 Months | Current |
Financials of Innovative Process Equipments Private Limited FY 2025 filings available
Innovative Process Equipments Private Limited reported revenue of ₹1.92 Cr (down 52% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Innovative Process Equipments Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 52% fall in the latest year. EBITDA fell 96% 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 of Innovative Process Equipments Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹4.62 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2,044 | •••• | •••• | •••• | •••• |
| 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 of Innovative Process Equipments Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Innovative Process Equipments are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Innovative Process Equipments Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Innovative Process Equipments Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Nov 2019 | Canara Bank | ₹3 Cr | Open |
| 29 Sep 2010 | Canara Bank | ₹17 Lakh | Open |
| 23 Dec 1993 | Canara Bank | ₹4 Lakh | Open |
| 23 Oct 1993 | Canara Bank | ₹4 Lakh | Open |
| 23 Oct 1993 | Canara Bank | ₹4 Lakh | Open |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Innovative Process Equipments Private Limited
Innovative Process Equipments Private Limited has a workforce of 21 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Innovative Process Equipments Private Limited
Innovative Process Equipments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI4286P1ZV | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Innovative Process Equipments Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Innovative Process Equipments Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Innovative Process Equipments Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Innovative Process Equipments Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Innovative Process Equipments Private Limited
Frequently Asked Questions about Innovative Process Equipments Private Limited
Innovative Process Equipments is an active private limited company based in Hubli, Karnataka, India. The company works in industrial pumps and fluid systems, within the machinery and equipment industry. It was incorporated on 06 August 1986 (40+ years old) and is registered under CIN U29120KA1986PTC007729.
Innovative Process Equipments reported revenue of ₹1.92 Cr for FY 2025 (down 52% YoY).
Innovative Process Equipments has 2 current directors:
- Ketan Maheshwari - Director
- Rita Maheshwari - Director
Innovative Process Equipments reported a net loss of ₹2,044 (net margin 0%) and EBITDA of ₹4.62 Lakh (EBITDA margin 2.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Innovative Process Equipments is -3% over three years and -17% over five years. In the latest year (FY 2025) revenue fell 52%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Innovative Process Equipments is 29AAACI4286P1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Innovative Process Equipments is U29120KA1986PTC007729. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Process Equipments was incorporated on 06 August 1986, making it 40+ years old. It is registered with the Registrar of Companies, Bangalore.
The registered office of Innovative Process Equipments is at No B – 475 Gokul Industrial Estate Gokul Road, Hubli, Karnataka, India – 580030.