- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0005340

About Innovative Processsolutions Private Limited
Data last updated:
Innovative Processsolutions Private Limited is a private limited company based in Waghodia, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 26 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29298GJ2013PTC074191. Its GSTIN is 24AADCI2084C1Z1 (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shrawankumar Umakant Jha and Nirav Umakant Jha.
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 188/3 GIDC Industrial Estate, Waghodia, Gujarat, India – 391760.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.78 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹11.94 Lakh (net margin 3.2%) and EBITDA of ₹29.11 Lakh (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 7% over five years.
The company is associated with 1 brand: Innovative Process Solutions. As per MCA filings, the company has open charges of ₹2.16 Cr and satisfied charges of ₹63.4 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
Innovative Processsolutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0005340). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ips-pl.com.
Company details
Recognitions & Rankings of Innovative Processsolutions
Contact details
Innovative Processsolutions Private Limited's registered office is in Waghodia, Gujarat. Its website is ips-pl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address188/3 GIDC Industrial Estate, Waghodia, Gujarat, India – 391760
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Innovative Processsolutions Private Limited, buy the company report.
- 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
Brands
Innovative Processsolutions operates one associated brand: Innovative Process Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of Fluoro Polymer products including lined pipes, fittings, valves, and PTFE items in India. | ips-pl.com |
Business activity
The main business activity of Innovative Processsolutions is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Innovative Processsolutions Private Limited, buy the company report.
Financials of Innovative Processsolutions Private Limited
FY 2025 filings availableInnovative Processsolutions Private Limited reported revenue of ₹3.78 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 12% growth in the latest year. EBITDA fell 16% 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 | ₹29.11 Lakh | ||||
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| Net Profit (PAT) | ₹11.94 Lakh | ||||
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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 | 7.7% | ||||
| Net Profit Margin | 3.2% | ||||
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To see the full financial statements and ratios of Innovative Processsolutions Private Limited, buy the company report.
Board of directors of Innovative Processsolutions Private Limited
Innovative Processsolutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrawankumar Umakant Jha | Director | 26 Mar 2013 | 13 Years 6 Months | Current |
| Nirav Umakant Jha Also directs: Oemind Consultant LLP | Director | 26 Mar 2013 | 13 Years 6 Months | Current |
Auditor
Innovative Processsolutions Private Limited is audited by C.G. CHOKSHI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C.G. CHOKSHI & CO. | FY 2023 | 127026W |
Shareholding
The shareholding of Innovative Processsolutions 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 Processsolutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jan 2022 | 100559894 | Others | ₹11.9 Lakh | Open | |
| 30 Jun 2021 | 100464044 | Others | ₹60 Lakh | Open | |
| 11 Mar 2014 | 10488898 | Others | ₹1.44 Cr | Open | |
| 30 Jan 2022 | 100532776 | Others | ₹63.4 Lakh | Satisfied |
To see the full charge records of Innovative Processsolutions Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Innovative Processsolutions Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
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, North West, Delhi | Civil suit | Filed against the company by Apex Inox Enterprises | Disposed |
To see the full case history of Innovative Processsolutions 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
Innovative Processsolutions Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 48 overdue payments to 17 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 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Horizon Polymer Engineering Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Innovative Processsolutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Innovative Processsolutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCI2084C1Z1 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Innovative Processsolutions Private Limited, buy the company report.
Recent activity
Innovative Processsolutions Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Nirav Umakant Jha was appointed as Director on 26 Mar 2013.
Frequently asked questions
Innovative Processsolutions is an active private limited company based in Waghodia, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 26 March 2013 (13+ years old) and is registered under CIN U29298GJ2013PTC074191.
Innovative Processsolutions has 2 current directors:
- Shrawankumar Umakant Jha - Director
- Nirav Umakant Jha - Director
The latest financial statements of Innovative Processsolutions 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 Processsolutions is 24AADCI2084C1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Innovative Processsolutions is U29298GJ2013PTC074191. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Processsolutions has 1 court case on record: 1 filed against it.
Innovative Processsolutions was incorporated on 26 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Nirav Umakant Jha was appointed as Director on 26 Mar 2013. Shrawankumar Umakant Jha was appointed as Director on 26 Mar 2013.
Yes, Innovative Processsolutions is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0005340).
Innovative Processsolutions has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 48 overdue payments to 17 micro and small suppliers. The latest return was filed on 25 Jul 2019.
Innovative Processsolutions can be reached through the website ips-pl.com. Its registered office is in Waghodia, Gujarat, India.