MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0033002
Innovative Solutions India Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹47.42 Cr
▲ 26% YoY
Net profit · FY 2023
₹2.12 Cr
Net margin 4.5%
EBITDA · FY 2023
₹3.53 Cr
EBITDA margin 7.4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹8 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
67
Provident fund records
About Innovative Solutions India Private Limited
Data last updated:
Innovative Solutions India Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 30 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29300PN2019PTC187532. Its GSTIN is 27AAFCI4513E1ZV (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Niteen Babanlal Sonigra and Archana Sachin Sonigra.
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 Plot No. T 62/4 Near Hockey Stadium MIDC Bhosari, Pune, Maharashtra, India – 411026.
As per the financials filed for FY 2023, the company reported a revenue of ₹47.42 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹2.12 Cr (net margin 4.5%) and EBITDA of ₹3.53 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 263% over three years.
The company has about 67 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Innovative Solutions India. As per MCA filings, the company has open charges of ₹8 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Innovative Solutions India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0033002). For more details, the company can be reached via its website innsol.in.
Company details
CIN U29300PN2019PTC187532
Registration Number 187532
Incorporation Date 30 October 2019
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-MH-26-0033002
Key People
Niteen Babanlal Sonigra Director Archana Sachin Sonigra Director Sachin Babanlal Sonigra Director Recognitions & Rankings of Innovative Solutions India
Contact details
Innovative Solutions India Private Limited's registered office is in Pune, Maharashtra. Its website is innsol.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. T 62/4 Near Hockey Stadium MIDC Bhosari, Pune, Maharashtra, India – 411026
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Innovative Solutions India Private Limited, buy the company report.
Comprehensive company report
Innovative Solutions India Private 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Innovative Solutions India operates one associated brand: Innovative Solutions India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops comprehensive smart parking solutions for efficient urban mobility. | innosolsindia.com |
Business activity
The main business activity of Innovative Solutions India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Innovative Solutions India Private Limited, buy the company report.
Financials of Innovative Solutions India Private Limited
FY 2025 filings availableInnovative Solutions India Private Limited reported revenue of ₹47.42 Cr (up 26% YoY) for FY 2023.
Revenue · FY 2023
₹47.42 Cr ▲ 26%
Net profit · FY 2023
₹2.12 Cr margin 4.5%
EBITDA · FY 2023
₹3.53 Cr margin 7.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 263%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 212%
Revenue has grown at a compounded annual rate (CAGR) of 263% over three years, including 26% growth in the latest year. EBITDA rose 33% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹47.42 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹3.53 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.12 Cr | |||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 7.4% | |||
| Net Profit Margin | 4.5% | |||
| 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 | ||||
To see the full financial statements and ratios of Innovative Solutions India Private Limited, buy the company report.
Board of directors of Innovative Solutions India Private Limited
Innovative Solutions India has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niteen Babanlal Sonigra | Director | 30 Oct 2019 | 6 Years 11 Months | Current |
| Archana Sachin Sonigra | Director | 30 Oct 2019 | 6 Years 11 Months | Current |
| Sachin Babanlal Sonigra Also directs: Pamilano Brands Private Limited | Director | 30 Oct 2019 | 6 Years 11 Months | Current |
| Shubham Sachin Sonigra | Additional Director | 29 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
Innovative Solutions India Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Felsomat India Private Limited | ₹48.83 Cr (FY 2024) | 71.0% | Doddaballapura, Karnataka, India | |||
| Trasccon Interconnection Systems Private Limited | ₹48.68 Cr (FY 2025) | 57.0% | Bangalore, Karnataka, India | |||
| S&S Power Switchgear Equipment Limited | ₹47.65 Cr (FY 2025) | -14.0% | Chennai, Tamil Nadu, India | |||
| Innovative Solutions India Private Limitedthis company | ₹47.42 Cr (FY 2023) | ₹2.12 Cr | 4.5% | 26.0% | 67 | Pune, Maharashtra, India |
| B C C Fuba India Limited | ₹47.3 Cr (FY 2025) | 45.0% | Himachal Pradesh, India |
To see the full peer comparison of Innovative Solutions India Private Limited, buy the company report.
Auditor
Innovative Solutions India Private Limited is audited by LAHOTI KASAT & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LAHOTI KASAT & CO | FY 2023 | 105509W |
Shareholding
The shareholding of Innovative Solutions India Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Innovative Solutions India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2020 | 100394367 | State Bank of India | ₹8 Cr | Open |
To see the full charge records of Innovative Solutions India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Innovative Solutions India Private Limited has 1 court case on record: 1 filed by Innovative Solutions India. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Innovative Solutions India 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
No delayed payments to MSME suppliers are on our record for Innovative Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innovative Solutions India Private Limited has a workforce of 67 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
67
Active EPFO establishments
1
Employee growth
13.56%
GST
Innovative Solutions India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCI4513E1ZV | Maharashtra | Active | 12 Dec 2019 |
To see the full GST registrations and return filing status of Innovative Solutions India Private Limited, buy the company report.
Recent activity
Innovative Solutions India Private Limited has 4 board changes on record since 2019: 4 appointments. The latest: Shubham Sachin Sonigra was appointed as Additional Director on 29 Oct 2025.
Appointed
Shubham Sachin Sonigra was appointed as Additional Director.
AGM
Innovative Solutions India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innovative Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with State Bank Of India of Rs. 800.00 Lakh registered on 31 Oct 2020 with Charge ID 100394367 was modified on 14 Nov 2024.
Charges
A charge with State Bank Of India amounted to Rs. 800.00 Lakh with Charge ID 100394367 was registered on 31 Oct 2020.
Appointed
Archana Sachin Sonigra was appointed as Director.
Appointed
Niteen Babanlal Sonigra was appointed as Director.
Appointed
Sachin Babanlal Sonigra was appointed as Director.
Incorporation
30 Oct 2019
Innovative Solutions India Private Limited was registered on 30 Oct 2019 with Roc Pune & aged 7 years as per MCA records.
Frequently asked questions
Innovative Solutions India is an active private limited company based in Pune, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 30 October 2019 (7+ years old) and is registered under CIN U29300PN2019PTC187532.
Innovative Solutions India has 4 current directors:
- Niteen Babanlal Sonigra - Director
- Archana Sachin Sonigra - Director
- Sachin Babanlal Sonigra - Director
- Shubham Sachin Sonigra - Additional Director
The latest financial statements of Innovative Solutions India 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 2020 are in the company report.
The GSTIN of Innovative Solutions India is 27AAFCI4513E1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Innovative Solutions India is U29300PN2019PTC187532. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Solutions India has 1 court case on record: 1 filed by the company. 1 is pending.
Innovative Solutions India was incorporated on 30 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Innovative Solutions India by revenue are Felsomat India Private Limited, Trasccon Interconnection Systems Private Limited, S&S Power Switchgear Equipment Limited, B C C Fuba India Limited, all in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Shubham Sachin Sonigra was appointed as Additional Director on 29 Oct 2025. Archana Sachin Sonigra was appointed as Director on 30 Oct 2019. Niteen Babanlal Sonigra was appointed as Director on 30 Oct 2019. Innovative Solutions India has 4 board changes on record in total.
Yes, Innovative Solutions India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0033002).
Innovative Solutions India can be reached through the website innsol.in. Its registered office is in Pune, Maharashtra, India.