Innovative Technology & Contracting Private Limited - Company Profile

It is a business outsourcing private limited company based in Chennai, Tamil Nadu, India, established in 2013.

2013 Chennai, Tamil Nadu, India Active

Last Updated: December 17, 2025

About Innovative Technology & Contracting Private Limited

Innovative Technology & Contracting Private Limited, a active private limited company, was established on 03 January 2013 in Chennai, Tamil Nadu, India. Engaging in business & it consulting within the professional, scientific and technical sector, it holds CIN: U74900TN2013PTC089248. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

Formerly known as Ashwin Paints Private Limited. It upholds a compliant status. Its leadership includes Narayanan Ramapriya (Director), Jahnavi Narayanan (Additional Director). Past directors included Narayanan Ramapriya, Govindarajan Sridhar, Srinivasan Narayanan. It holds ₹10.33 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at New No.5, Old No.2, 9Th Main Road, Vijaya Nagar, Velachery,, Chennai, Tamil Nadu, 600042.

Company Details

CIN/LLPIN
U74900TN2013PTC089248
Registration Number
089248
Incorporation Date
03 January 2013
Authorized Capital
₹0.10 M
Paid-Up Capital
₹0.10 M
ROC Code
Roc Chennai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 0.10 M as on 17-12-2025
Paid Up Capital ₹ 0.10 M as on 17-12-2025
Company Age 13 Year, 1 Month
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 10.33 Cr as on 17-12-2025
Revenue Growth **** 81.23% (FY 2023)
Profit Growth **** 125.05% (FY 2023)
Ebitda **** 1.84% (FY 2023)
Net Worth 13.56% (FY 2023)
Total Assets **** 147.37% (FY 2023)

Comprehensive Company Insights

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Who are the key members and board of directors at Innovative Technology & Contracting Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Narayanan Ramapriya	Director	12 Jun 2013	Current
Jahnavi Narayanan	Additional Director	17 Aug 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	29 Dec 2013	Past
Pramod Abcsdd	Director	12 Jun 2013	Past
Pramod Abcsdd	Director	09 May 2024	Past

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Financial Performance of Innovative Technology & Contracting.

Innovative Technology & Contracting Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 81.23% increase. The company also saw a substantial improvement in profitability, with a 125.05% increase in profit. The company's net worth Soared by an impressive increase of 13.56%.

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

********

81.23%

*******

Revenue from Operations

*******

81.23%

*******

Total Assets

*******

147.37%

*******

Profit or Loss

*******

125.05%

*******

Net Worth

*******

13.56%

*******

EBITDA

*******

1.84%

*******

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What is the Ownership and Shareholding Structure of Innovative Technology & Contracting?

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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

₹103,320,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

State Bank Of India : 9.40 Cr
United Bank Of India : 0.90 Cr
Hdfc Bank Limited : 0.03 Cr

Latest Charge Details

Date	Lender	Amount	Status
22 Feb 2024	United Bank Of India	₹9.00 M	Open
11 Jan 2024	Hdfc Bank Limited	₹0.32 M	Open
10 May 2023	State Bank Of India	₹9.40 Cr	Open

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How Many Employees Work at Innovative Technology & Contracting?

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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 Technology & Contracting, 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 Technology & Contracting's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Innovative Technology & Contracting

Recent Activity within the Organization

Annual General Meeting

Progress on Innovative Technology & Contracting Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
30 Sep 2024
Director Appointment

Jahnavi Narayanan was appointed as a Additional Director was appointed as a Additional Director on 17 Aug 2024 & has been associated with this company since 1 year 5 months . was recorded as a recent event.
17 Aug 2024
Balance Sheet

Progress on Innovative Technology & Contracting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was documented.
31 Mar 2024
Charges

A charge with United Bank Of India amounted to Rs. 9.00 M with Charge ID 100868543 was registered on 22 Feb 2024. was recorded as a recent event.
22 Feb 2024
Charges

The activity A charge with Hdfc Bank Limited amounted to Rs. 0.32 M with Charge ID 100857286 was registered on 11 Jan 2024. was completed.
11 Jan 2024
Charges

A charge with State Bank Of India amounted to Rs. 94.00 M with Charge ID 100726902 was registered on 10 May 2023. was recorded as a recent event.
10 May 2023

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Frequently Asked Questions

What is the CIN of Innovative Technology & Contracting Private Limited?

The CIN of Innovative Technology & Contracting Private Limited is U74900TN2013PTC089248.

Where is Innovative Technology & Contracting Private Limited headquartered?

Innovative Technology & Contracting Private Limited is headquartered at New No.5, Old No.2, 9Th Main Road, Vijaya Nagar, Velachery,, Chennai, Tamil Nadu, 600042.

When was Innovative Technology & Contracting Private Limited incorporated?

Innovative Technology & Contracting Private Limited was incorporated on 03 January 2013.

Who are the current directors of Innovative Technology & Contracting Private Limited?

The current directors of Innovative Technology & Contracting Private Limited are

What is the primary industry of Innovative Technology & Contracting Private Limited?

The primary industry of Innovative Technology & Contracting Private Limited is Professional, Scientific And Technical.

Is Innovative Technology & Contracting Private Limited a listed company?

Innovative Technology & Contracting Private Limited is unlisted.

What is the capital structure of Innovative Technology & Contracting Private Limited?

The authorized capital of Innovative Technology & Contracting Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Innovative Technology & Contracting Private Limited?

The compliance status of Innovative Technology & Contracting Private Limited is Compliant.

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