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Innovative Water Technologies Private Limited - environment in Belgaum, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.39 Cr
▲ 141% YoY
Net loss · FY 2024
₹83.79 Lakh
Net margin -60.5%
EBITDA · FY 2024
-₹56.93 Lakh
EBITDA margin -41.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹22.53 Lakh
Issued & subscribed
Open charges
₹13 Lakh
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
4
As per MCA filings
About Innovative Water Technologies Private Limited
Data last updated:
Innovative Water Technologies Private Limited is a private limited company based in Belgaum, Karnataka, India, recognised as a startup by DPIIT. It operates in the water treatment segment of the environmental services sector. It was incorporated on 03 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U41000KA2021PTC153950. Its GSTIN is 29AAGCI3934A1ZR (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹22.53 Lakh. It is led by directors including Bharat Ramesh Gudi and Karthik Prakash Nayak.
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 R.S.No.609/1A And 609/2 Machhe Industrial Area Machhe, Belgaum, Karnataka, India – 590014.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.39 Cr, a growth of 141% compared to the previous year. For the same year it recorded a net loss of ₹83.79 Lakh (net margin -60.5%) and EBITDA of -₹56.93 Lakh (EBITDA margin -41.1%).
The company is associated with 1 brand: Iwtech. As per MCA filings, the company has open charges of ₹13 Lakh on record.
Innovative Water Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-04-0026843). For more details, the company can be reached via its website iwtech.in.
Company details
CIN U41000KA2021PTC153950
Registration Number 153950
Incorporation Date 03 November 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-04-0026843
Key People
Bharat Ramesh Gudi Director Karthik Prakash Nayak Director Sushmitha Karthik Nayak Director Recognitions & Rankings of Innovative Water Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-04-0026843
Contact details
Innovative Water Technologies Private Limited's registered office is in Belgaum, Karnataka. Its website is iwtech.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressR.S.No.609/1A And 609/2 Machhe Industrial Area Machhe, Belgaum, Karnataka, India – 590014
- IndustryEnvironment, Water Treatment
To see the full contact details of Innovative Water Technologies Private Limited, buy the company report.
Comprehensive company report
Innovative Water Technologies 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Innovative Water Technologies 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 Water Technologies Private Limited, buy the company report.
Financials of Innovative Water Technologies Private Limited
FY 2025 filings availableInnovative Water Technologies Private Limited reported revenue of ₹1.39 Cr (up 141% YoY) for FY 2024.
Revenue · FY 2024
₹1.39 Cr ▲ 141%
Net loss · FY 2024
₹83.79 Lakh margin -60.5%
EBITDA · FY 2024
-₹56.93 Lakh margin -41.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 141%
EBITDA CAGR growth
1 year
▼ 9%
Revenue rose 141% in the latest year. EBITDA fell 9% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | -₹56.93 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹83.79 Lakh | ||
| 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 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -41.1% | ||
| Net Profit Margin | -60.5% | ||
| 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 Water Technologies Private Limited, buy the company report.
Board of directors of Innovative Water Technologies Private Limited
Innovative Water Technologies has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Ramesh Gudi Also directs: Nixie Engineers Private Limited, Acme Flowtech Private Limited, Vacserve Solutions Private Limited and 2 more | Director | 03 Nov 2021 | 4 Years 11 Months | Current |
| Karthik Prakash Nayak | Director | 24 Dec 2021 | 4 Years 10 Months | Current |
| Sushmitha Karthik Nayak | Director | 01 Aug 2022 | 4 Years 2 Months | Current |
| Rupa Bharat Gudi Also directs: Nixie Engineers Private Limited, Acme Flowtech Private Limited, Vacserve Solutions Private Limited and 2 more | Director | 03 Nov 2021 | 4 Years 11 Months | Current |
Auditor
Innovative Water Technologies Private Limited is audited by YPK & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YPK & ASSOCIATES LLP | FY 2023 | 129532W |
Shareholding
The shareholding of Innovative Water Technologies Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Innovative Water Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Sep 2023 | 100796637 | Hdfc Bank Limited | ₹13 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Innovative Water Technologies 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 Water Technologies Private Limited has 4 MSME Form 1 returns on record between 2022 and 2024, listing 19 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Indo Vacuum Technologies Private Limited | |||
| an individual supplier | |||
| B.B.Chemicals Private Limited | |||
| Nixie Engineers Private Limited |
To see the full MSME payment records of Innovative Water Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Innovative Water Technologies Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
Innovative Water Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCI3934A1ZR | Karnataka | Active | 22 Dec 2021 |
To see the full GST registrations and return filing status of Innovative Water Technologies Private Limited, buy the company report.
Recent activity
Innovative Water Technologies Private Limited has 6 board changes on record since 2021: 4 appointments and 2 cessations. The latest: Sushmitha Karthik Nayak ceased to be Additional Director on 30 Dec 2022.
AGM
Innovative Water Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innovative Water Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 100796637 was registered on 06 Sep 2023.
Ceased
Sushmitha Karthik Nayak ceased to be Additional Director.
Appointed
Sushmitha Karthik Nayak was appointed as Director.
Ceased
Karthik Prakash Nayak ceased to be Additional Director.
Appointed
Karthik Prakash Nayak was appointed as Director.
Appointed
Bharat Ramesh Gudi was appointed as Director.
Appointed
Rupa Bharat Gudi was appointed as Director.
Incorporation
03 Nov 2021
Innovative Water Technologies Private Limited was registered on 03 Nov 2021 with Roc Bangalore & aged 4 years 11 months as per MCA records.
Frequently asked questions
Innovative Water Technologies is an active private limited company based in Belgaum, Karnataka, India. The company works in water treatment, within the environment industry. It was incorporated on 03 November 2021 (5+ years old) and is registered under CIN U41000KA2021PTC153950.
Innovative Water Technologies has 4 current directors:
- Bharat Ramesh Gudi - Director
- Karthik Prakash Nayak - Director
- Sushmitha Karthik Nayak - Director
- Rupa Bharat Gudi - Director
The latest financial statements of Innovative Water Technologies 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 2022 are in the company report.
The GSTIN of Innovative Water Technologies is 29AAGCI3934A1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Innovative Water Technologies is U41000KA2021PTC153950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Water Technologies was incorporated on 03 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Sushmitha Karthik Nayak ceased to be Additional Director on 30 Dec 2022. Sushmitha Karthik Nayak was appointed as Director on 01 Aug 2022. Karthik Prakash Nayak ceased to be Additional Director on 24 Jan 2022. Innovative Water Technologies has 6 board changes on record in total.
Yes, Innovative Water Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Innovative Water Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-04-0026843).
Innovative Water Technologies has 4 MSME Form 1 returns on record between 2022 and 2024, listing 19 overdue payments to 5 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Innovative Water Technologies can be reached through the website iwtech.in. Its registered office is in Belgaum, Karnataka, India.