- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0021336

About Innovative Vastunirman Private Limited
Data last updated:
Innovative Vastunirman Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 13 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45200PN2011PTC138269. Its GSTIN is 27AACCI5177M1Z3 (Maharashtra). The company holds 17 GST registrations, of which 15 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.07 Cr. It is led by directors Smita Prashant Zawar and Prashant Shaligram Zawar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No 4 Plot No 79 Anurag Apartment First Floor Bhusari Colony Nr Kurtkoti Hospital, Pune, Maharashtra, India – 411038.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.09 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.57 Cr (net margin 4.4%) and EBITDA of ₹2.8 Cr (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 20% over five years.
As per MCA filings, the company has open charges of ₹8.72 Cr and satisfied charges of ₹2.55 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
Innovative Vastunirman Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0021336). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovastu.com.
Company details
Recognitions & Rankings of Innovative Vastunirman
Contact details
Innovative Vastunirman Private Limited's registered office is in Pune, Maharashtra. Its website is innovastu.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No 4 Plot No 79 Anurag Apartment First Floor Bhusari Colony Nr Kurtkoti Hospital, Pune, Maharashtra, India – 411038
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Innovative Vastunirman 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
Business activity
The main business activity of Innovative Vastunirman is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Innovative Vastunirman Private Limited, buy the company report.
Financials of Innovative Vastunirman Private Limited
FY 2024 filings availableInnovative Vastunirman Private Limited reported revenue of ₹36.09 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 49% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.57 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | ||||
| Net Profit Margin | 4.4% | ||||
| 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 Vastunirman Private Limited, buy the company report.
Board of directors of Innovative Vastunirman Private Limited
Innovative Vastunirman has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Smita Prashant Zawar | Director | 13 Jan 2011 | 15 Years 9 Months | Current |
| Prashant Shaligram Zawar | Director | 13 Jan 2011 | 15 Years 9 Months | Current |
Auditor
Innovative Vastunirman Private Limited is audited by T.S.Patki & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T.S.Patki & Co | FY 2023 | 123968W |
Shareholding
The shareholding of Innovative Vastunirman 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 Vastunirman Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jul 2020 | 100415885 | Others | ₹21.67 Lakh | Open | |
| 28 Oct 2011 | 10321935 | Others | ₹8.5 Cr | Open | |
| 15 Apr 2024 | 100923166 | The Hongkong and Shanghai Banking Corporation Limited | ₹99.9 Lakh | Satisfied | |
| 15 Jan 2019 | 100229714 | Others | ₹1.56 Cr | Satisfied |
To see the full charge records of Innovative Vastunirman Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Innovative Vastunirman Private Limited has 4 court cases on record: 4 filed by Innovative Vastunirman. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against Mira Education Trust and 1 other | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against M/S Weaverarch | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.-WCA-A) | Filed by the company against an individual | Disposed |
To see the full case history of Innovative Vastunirman 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.
Credit ratings & regulatory alerts
Innovative Vastunirman Private Limited was last rated by Crisil on 13 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 13 Jul 2020 |
To see the full credit ratings and regulatory alerts of Innovative Vastunirman Private Limited, buy the company report.
MSME payment delays
Innovative Vastunirman Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 70 overdue payments to 26 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 26)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Tembo Global Industries Limited | |||
| Pats Computer Technologies Private Limited | |||
| RNP Scaffolding & Formwork Private Limited | |||
| BTL Service Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Innovative Vastunirman Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Innovative Vastunirman has 17 GST registrations: 15 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI5177M1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 29AACCI5177M1ZZ | Karnataka | Active | 01 Jul 2017 |
| 37AACCI5177M1Z2 | Andhra Pradesh | Active | 01 Jul 2017 |
| 24AACCI5177M2Z8 | Gujarat | Active | 11 Jul 2018 |
To see the full GST registrations and return filing status of Innovative Vastunirman Private Limited, buy the company report.
Recent activity
Innovative Vastunirman Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Chandrakala Shaligram Zavar ceased to be Director on 01 Dec 2021.
2 earlier events are in the company report.
Frequently asked questions
Innovative Vastunirman is an active private limited company based in Pune, Maharashtra, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 13 January 2011 (15+ years old) and is registered under CIN U45200PN2011PTC138269.
Innovative Vastunirman has 2 current directors:
- Smita Prashant Zawar - Director
- Prashant Shaligram Zawar - Director
The latest financial statements of Innovative Vastunirman on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Innovative Vastunirman is 27AACCI5177M1Z3, registered in Maharashtra. The company has 17 GST registrations in all, of which 15 are active and 2 are cancelled or inactive. Other active GSTINs include 29AACCI5177M1ZZ (Karnataka), 37AACCI5177M1Z2 (Andhra Pradesh), 24AACCI5177M2Z8 (Gujarat).
The CIN (Corporate Identification Number) of Innovative Vastunirman is U45200PN2011PTC138269. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Vastunirman has 4 court cases on record: 4 filed by the company. 1 is pending.
Innovative Vastunirman was incorporated on 13 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
Chandrakala Shaligram Zavar ceased to be Director on 01 Dec 2021. Shaligram Pandharinath Zavar ceased to be Director on 01 Dec 2021. Prashant Shaligram Zawar was appointed as Director on 13 Jan 2011. Innovative Vastunirman has 4 board changes on record in total.
Yes, Innovative Vastunirman is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0021336).
Innovative Vastunirman has 9 MSME Form 1 returns on record between 2019 and 2023, listing 70 overdue payments to 26 micro and small suppliers. The latest return was filed on 16 Nov 2023.
Innovative Vastunirman can be reached through the website innovastu.com. Its registered office is in Pune, Maharashtra, India.

