Innovative Retail Concepts Private Limited - Company Profile

It is a e-commerce private limited company based in Bangalore, Karnataka, India, established in 2010.

2010 Bangalore, Karnataka, India Active

Last Updated: February 10, 2026

About Innovative Retail Concepts Private Limited

Innovative Retail Concepts Private Limited, a active private limited company, was established on 15 January 2010 in Bangalore, Karnataka, India. Engaging in online grocery platforms within the trade sector, it holds CIN: U74130KA2010PTC052192. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹9,000.00 Cr and a paid-up capital of ₹2,859.34 Cr.

It upholds a compliant status. Employing 21,189 professional, Its leadership includes Menon Hari (Director), Vipul Mahendra Parekh (Director). Past directors included Menon Hari, Vipul Mahendra Parekh, Vinay Jayaram Katta. It holds ₹5.00 Cr open charges and ₹75.00 Cr settled loans. Its latest AGM occurred on 23 June 2025, with the balance sheet filed on 31 March 2025. It is based at Ranka Junction, No. 224 (Old Sy No.80/3), 4Th Floor, Vijinapura, Old Madras Road,, K R Puram, Bangalore, Karnataka, 560016.

Company Details

CIN/LLPIN
U74130KA2010PTC052192
Registration Number
052192
Incorporation Date
15 January 2010
Authorized Capital
₹9,000.00 Cr
Paid-Up Capital
₹2,859.34 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 9,000.00 Cr as on 10-02-2026
Paid Up Capital ₹ 2,859.34 Cr as on 10-02-2026
Company Age 16 Year, 27 Days
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 5.00 Cr as on 10-02-2026
Satisfied Charges ₹ 75.00 Cr as on 10-02-2026
Revenue Growth **** -2.54% (FY 2025)
Profit Growth **** -46.06% (FY 2025)
Ebitda **** -46.77% (FY 2025)
Net Worth -146.66% (FY 2025)
Total Assets **** 29.26% (FY 2025)

Comprehensive Company Insights

Explore comprehensive insights into Innovative Retail Concepts Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Innovative Retail Concepts Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Menon Hari	Director	28 May 2021	Current
Vipul Mahendra Parekh	Director	28 May 2021	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	29 May 2021	Past
Pramod Abcsdd	Additional Director	29 May 2021	Past
Pramod Abcsdd	Additional Director	31 Mar 2014	Past
Pramod Abcsdd	Director	20 Jan 2012	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Director	28 May 2021	Past

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Financial Performance of Innovative Retail Concepts.

Innovative Retail Concepts Private Limited, for the financial year ended 2025, experienced Minor drop in revenue, with a 2.54% decrease. The company also saw a substantial fall in profitability, with a 46.06% decrease in profit. The company's net worth observed a substantial decline by a decrease of 146.66%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-2.54%

*******

Revenue from Operations

*******

-2.68%

*******

Total Assets

*******

29.26%

*******

Profit or Loss

*******

-46.06%

*******

Net Worth

*******

-146.66%

*******

EBITDA

*******

-46.77%

*******

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What is the Ownership and Shareholding Structure of Innovative Retail Concepts?

In 2023, Innovative Retail Concepts had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹50,000,000.00

Satisfied Charges

₹750,000,000.00

Charges Breakdown by Lending Institutions

Others : 70.00 Cr
Hdfc Bank Limited : 5.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
26 Oct 2021	Hdfc Bank Limited	₹5.00 Cr	Satisfied
18 Dec 2017	Others	₹25.00 Cr	Satisfied
29 Mar 2017	Others	₹45.00 Cr	Satisfied

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How Many Employees Work at Innovative Retail Concepts?

Innovative Retail Concepts has a workforce of 21189 employees as of Feb 10, 2026. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Innovative Retail Concepts, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Innovative Retail Concepts's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Innovative Retail Concepts

Recent Activity within the Organization

Charges

The activity A charge registered on 26 Oct 2021 via Charge ID 100544374 with Hdfc Bank Limited was fully satisfied on 24 Dec 2025. was completed.
24 Dec 2025
Director Appointment

Progress on Manish Bajoria was appointed as a Cfo was appointed as a Cfo on 30 Jun 2025 & has been associated with this company since 7 months 14 days . was documented.
30 Jun 2025
Annual General Meeting

The activity Innovative Retail Concepts Private Limited last Annual general meeting of members was held on 23 Jun 2025 as per latest MCA records. was completed.
23 Jun 2025
Balance Sheet

Innovative Retail Concepts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was recorded as a recent event.
31 Mar 2025
Director Appointment

The activity Sneha Singh was appointed as a Company Secretary was appointed as a Company Secretary on 01 Mar 2022 & has been associated with this company since 3 years 11 months . was completed.
01 Mar 2022
Charges

Progress on A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100544374 was registered on 26 Oct 2021. was documented.
26 Oct 2021

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