About Innovative Telecom and Softwares Private Limited
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Innovative Telecom and Softwares Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 27 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U32309GJ2000PTC037643. Its GSTIN is 24AAACI8036R1Z5 (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹46.8 Lakh. It was formerly known as Innovative Telecom and Softwares Limited. It is led by directors including Mihirbhai Bansidhar Chahwala (Managing Director) and Moinuddin Rashiduddin Shaikh.
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 Surat, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.29 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹82.45 Lakh (net margin 3.4%) and EBITDA of ₹1.18 Cr (EBITDA margin 4.9%). Revenue has declined at a compounded annual rate (CAGR) of 12% over five years.
The company has about 41 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innosoftel.com.
Company details
Contact details
Innovative Telecom and Softwares Private Limited's registered office is in Surat, Gujarat. Its website is innosoftel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressO 21/22 Kanaknidhi Complex Opp. Gandhi Smruti Hall Timliawad Nanp, Ura, Surat, Gujarat, India – 395001
- IndustryInformation Technology, IT Products Retail & Distribution, IT Consulting & Support Services
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- 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
Business activity
The main business activity of Innovative Telecom and Softwares is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Innovative Telecom and Softwares Private Limited, buy the company report.
Financials of Innovative Telecom and Softwares Private Limited
FY 2025 filings availableInnovative Telecom and Softwares Private Limited reported revenue of ₹24.29 Cr (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 11% fall in the latest year. EBITDA rose 93% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.18 Cr | ||||
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| Net Profit (PAT) | ₹82.45 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 3.4% | ||||
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To see the full financial statements and ratios of Innovative Telecom and Softwares Private Limited, buy the company report.
Board of directors of Innovative Telecom and Softwares Private Limited
Innovative Telecom and Softwares has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Moinuddin Rashiduddin Shaikh Also directs: Epa2 Technology Private Limited | Director | 27 Mar 2000 | 26 Years 7 Months | Current |
| Sushmaben Mihirbhai Chahwala | Director | 27 Mar 2000 | 26 Years 7 Months | Current |
| Mihirbhai Bansidhar Chahwala Also directs: Epa2 Technology Private Limited | Managing Director | 27 Mar 2003 | 23 Years 7 Months | Current |
Peer comparison
Innovative Telecom and Softwares Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| HT Technologies Private Limited | ₹24.53 Cr (FY 2025) | 39.0% | Mumbai, Maharashtra, India | |||
| Dektron Telecom Private Limited | ₹24.4 Cr (FY 2024) | 1.0% | Delhi, India | |||
| Innovative Telecom and Softwares Private Limitedthis company | ₹24.29 Cr (FY 2024) | ₹82.45 Lakh | 3.4% | -11.0% | 41 | Surat, Gujarat, India |
| Genius Presentation Private Limited | ₹24.24 Cr (FY 2023) | 72.0% | Faridabad, Haryana, India | |||
| Prithvi IT Products Private Limited | ₹24.12 Cr (FY 2025) | 15.0% | Pune, Maharashtra, India |
To see the full peer comparison of Innovative Telecom and Softwares Private Limited, buy the company report.
Auditor
Innovative Telecom and Softwares Private Limited is audited by HIREN M. DIWAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HIREN M. DIWAN & CO | FY 2023 | 103691W |
Shareholding
The shareholding of Innovative Telecom and Softwares 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 Telecom and Softwares Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Nov 2009 | 10194159 | Yes Bank Limited | ₹4.5 Cr | Open |
To see the full charge records of Innovative Telecom and Softwares Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Innovative Telecom and Softwares Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Innovative Telecom and Softwares Private Limited has 5 MSME Form 1 returns on record between 2019 and 2023, listing 7 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Convexicon Software Solutions India Private Limited | |||
| Aerizo Infratech Solutions | |||
| Powerforce Energy Solution Private Limited |
To see the full MSME payment records of Innovative Telecom and Softwares Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Innovative Telecom and Softwares Private Limited has a workforce of 41 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Innovative Telecom and Softwares has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACI8036R1Z5 | Gujarat | Active | 01 Jul 2017 |
| 29AAACI8036R1ZV | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Innovative Telecom and Softwares Private Limited, buy the company report.
Recent activity
Innovative Telecom and Softwares Private Limited has 5 board changes on record since 2000: 3 appointments and 2 cessations. The latest: Azimuddin Rashiduddin Shaikh ceased to be Director on 31 Mar 2014.
Frequently asked questions
Innovative Telecom and Softwares is an active private limited company based in Surat, Gujarat, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 27 March 2000 (26+ years old) and is registered under CIN U32309GJ2000PTC037643.
Innovative Telecom and Softwares has 3 current directors:
- Mihirbhai Bansidhar Chahwala - Managing Director
- Moinuddin Rashiduddin Shaikh - Director
- Sushmaben Mihirbhai Chahwala - Director
The latest financial statements of Innovative Telecom and Softwares 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 Telecom and Softwares is 24AAACI8036R1Z5, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAACI8036R1ZV (Karnataka).
The CIN (Corporate Identification Number) of Innovative Telecom and Softwares is U32309GJ2000PTC037643. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Telecom and Softwares was incorporated on 27 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Innovative Telecom and Softwares by revenue are HT Technologies Private Limited, Dektron Telecom Private Limited, Genius Presentation Private Limited, Prithvi IT Products Private Limited, all in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading).
Azimuddin Rashiduddin Shaikh ceased to be Director on 31 Mar 2014. Zakiahmed Rashiduddin Shaikh ceased to be Director on 31 Mar 2014. Mihirbhai Bansidhar Chahwala was appointed as Managing Director on 27 Mar 2003. Innovative Telecom and Softwares has 5 board changes on record in total.
Innovative Telecom and Softwares has 5 MSME Form 1 returns on record between 2019 and 2023, listing 7 overdue payments to 3 micro and small suppliers. The latest return was filed on 14 Nov 2023.
Innovative Telecom and Softwares can be reached through the website innosoftel.com. Its registered office is in Surat, Gujarat, India.
The registered office of Innovative Telecom and Softwares is at O 2122 Kanaknidhi Complex Opp. Gandhi Smruti Hall Timliawad Nanp, Ura, Surat, Gujarat, India – 395001.
Innovative Telecom and Softwares operates in the information technology industry, in the IT products retail and distribution segment.
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