Innovedge Solutions Private Limited

Innovedge Solutions Private Limited - trading in Bhubaneswar, Orissa, India. FY 2026 financials and compliance.
CIN U72200OR2015PTC018702 Incorporated 18 February 2015 ROC Cuttack HQ Bhubaneswar, Orissa, India
Active Private Limited Company trading
Data last updated
Revenue · FY 2019
₹1.85 Lakh
▼ 37.00% YoY
EBITDA · FY 2019
*****
▲ 59.00% YoY
Net profit · FY 2019
*****
▲ 57.00% YoY
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
None
Secured borrowings
Company age
11 yrs
Est. 2015
Last financials
Mar 2019
Balance sheet date

About Innovedge Solutions Private Limited

Data last updated: 18 February 2026

Innovedge Solutions Private Limited is a private limited company based in Bhubaneswar, Orissa, India, recognised as a startup by DPIIT. It specialises in wholesale distribution, a part of the broader trading and commerce sector. Incorporated on 18 February 2015, the company has been in operation for over 11 years.

Registered with ROC Cuttack under CIN U72200OR2015PTC018702.

Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Debansh Sharma Das and Ranjita Kabi.

Last AGM: 15 June 2019. Financial statements filed for year ended 31 March 2019. Office: 2Nd Floor Plot No.443 A Sahid Nagar, Bhubaneswar, Orissa, India – 751007.

As per the financials filed for FY 2019, the company reported a revenue of ₹1.85 Lakh, a decline of 37% compared to the previous year.

The company is associated with 1 brand - Classy Street.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website classystreet.com.

Company Details of Innovedge Solutions Private Limited
CIN U72200OR2015PTC018702
Registration Number 018702
Incorporation Date 18 February 2015
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 June 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Social Media
  • Registered Address
    2Nd Floor Plot No.443 A Sahid Nagar, Bhubaneswar, Orissa, India – 751007
  • Industry
    Trading, Other Wholesale, Wholesale
Company report
Innovedge Solutions Private Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Innovedge Solutions Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Innovedge Solutions Private Limited

Innovedge Solutions Private Limited operates one associated brand: Classy Street. These brands represent Innovedge Solutions Private Limited's diversified market presence and brand portfolio.

Brand Description Website
An online retail platform specializing in ethnic and handicrafts fashion wear for global customers. classystreet.com

Competitors & Alternatives of Innovedge Solutions Private Limited

Brands and companies operating in the same space as Innovedge Solutions Private Limited include IndiaSariHouse, Kankatala, Kreeva and 4 more.

Competitor Description Location Founded
IndiaSariHouse IndiaSariHouse Online platform for slot games, gambling, and user transactions. Mumbai, India, India 2013
Kankatala Kankatala Sells handpicked traditional Indian weaves and sarees online. Visakhapatnam, India, India 1943
Kreeva Kreeva An e-commerce store specializing in ethnic wear for women. Surat, India, India 2017
Jashn Jashn Ethnic women apparel is manufactured and retailed by Jashn. Mumbai, India, India 2003
Parisworld Parisworld Online retailer selling traditional Indian wear for women, men, and kids globally. Surat, India, India 2000
New pink house New pink house Operates an online retail platform specializing in ethnic wear for women. Indore, India, India 2021
Ethnicroop Ethnicroop Online retailer of traditional Indian ethnic clothing such as sarees and lehengas. Surat, India, India 2016

Business Activity of Innovedge Solutions Private Limited

Innovedge Solutions Private Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
G Trade G1 Wholesale Trading *********

Auditor Details of Innovedge Solutions Private Limited

Innovedge Solutions Private Limited is audited by NayakRath&Associates for the financial year 2017. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
NayakRath&Associates blur-value blur-value blur-value

Board of Directors of Innovedge Solutions Private Limited

Innovedge Solutions Private Limited is governed by 2 directors who oversee the company's operations and strategic decisions.

Current Directors
Name Designation Appointment Date Tenure Status
Debansh Sharma Das Director 18 Feb 2015 11 Years 4 Months Current
Ranjita Kabi Director 18 Feb 2015 11 Years 4 Months Current

Financials of Innovedge Solutions Private Limited FY 2019 filings available

Innovedge Solutions Private Limited reported revenue of ₹1.85 Lakh (down 37% YoY) for FY 2019. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹1.85 Lakh ▼ -37%
Profit
***** ▲ 57%
EBITDA
***** ▲ 59%
Metrics
*****
*****
*****
*****
*****
Revenue
Revenue from Operations
*****
*****
*****
*****
*****
Revenue Growth %
*****
*****
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*****
Other Income
*****
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Total Revenue
*****
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Expenses
Total Expenses
*****
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Raw Material Cost
*****
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Change in Inventory FG
*****
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Change in Inventory WIP
*****
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Purchase of Traded Goods
*****
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Employee Cost
*****
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Managerial Remuneration
*****
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Audit Fees
*****
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Insurance
*****
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Power & Fuel
*****
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Interest
*****
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Depreciation
*****
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Other Expenses
*****
*****
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*****
Profitability
EBITDA (Operating Profit)
*****
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*****
*****
*****
Operating Margin %
*****
*****
*****
*****
*****
Exceptional Items
*****
*****
*****
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Extraordinary Items
*****
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Profit Before Exceptional & Extraordinary Items
*****
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Profit Before Tax
*****
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Tax & Net Profit
Tax Expense
*****
*****
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Current Tax
*****
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Deferred Tax
*****
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Profit from Discontinued Operations
*****
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Tax on Discontinued Operations
*****
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Profit
*****
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Net Margin %
*****
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Metrics
*****
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Shareholders' Funds
Total Shareholders' Funds
*****
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Equity Capital
*****
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Reserves & Surplus
*****
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*****
Money Against Warrants
*****
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*****
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Other Equity
*****
*****
*****
*****
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Non-Current Liabilities
Total Non-Current Liabilities
*****
*****
*****
*****
*****
Long-Term Borrowings
*****
*****
*****
*****
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Deferred Tax Liabilities
*****
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*****
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Other Non-Current Liabilities
*****
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Long-Term Provisions
*****
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Current Liabilities
Total Current Liabilities
*****
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Short-Term Borrowings
*****
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Trade Payables
*****
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Other Current Liabilities
*****
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Short-Term Provisions
*****
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Total Equity & Liabilities
*****
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Non-Current Assets
Non-Current Assets
*****
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Tangible Assets
*****
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Intangible Assets
*****
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Capital WIP
*****
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Intangibles Under Dev
*****
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Investments
*****
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Deferred Tax Assets
*****
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LT Loans & Advances
*****
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Other Non-Current Assets
*****
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Current Assets
Current Assets
*****
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Current Investments
*****
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Inventories
*****
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Trade Receivables
*****
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Cash & Bank Balance
*****
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ST Loans & Advances
*****
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Other Current Assets
*****
*****
*****
*****
*****
Total Assets
*****
*****
*****
*****
*****
Metrics
*****
*****
*****
*****
*****
Cash from Operating Activities (CFO)
Profit Before Tax
*****
*****
*****
*****
*****
Non-Cash Adjustments
*****
*****
*****
*****
*****
+ Interest Expense
*****
*****
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*****
*****
+ Depreciation
*****
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*****
+/- Unrealized Forex
*****
*****
*****
*****
*****
- Dividend Income
*****
*****
*****
*****
*****
- Interest Income
*****
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*****
+/- Other Non-Cash Items
*****
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Changes in Working Capital
*****
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+/- Inventory
*****
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
*****
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Cash Generated from Operations
*****
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Income Taxes Paid
*****
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*****
*****
*****
Net CFO (Cash from Operations)
*****
*****
*****
*****
*****
Cash from Investing Activities (CFI)
Acquisitions & Disposals
*****
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Disposal of Subsidiaries
*****
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Acquisition of Subsidiaries
*****
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Capex
*****
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Purchase of Fixed Assets
*****
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Sale of Fixed Assets
*****
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Other Investing Cash Flows
*****
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*****
Net CFI (Cash from Investing)
*****
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Cash from Financing Activities (CFF)
Equity Issuance
*****
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Debt Raised
*****
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Debt Repaid
*****
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Dividends Paid
*****
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Interest Paid
*****
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Net CFF (Cash from Financing)
*****
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Net Cash Position
Net Change in Cash (Pre-Forex)
*****
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*****
*****
Closing Cash & Equivalents
*****
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*****
Metrics
*****
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*****
Liquidity
Current Ratio
*****
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Quick Ratio
*****
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Cash Ratio
*****
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Efficiency
Inventory Days
*****
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Debtor Days
*****
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Creditor Days
*****
*****
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*****
Cash Conversion Cycle
*****
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Asset Turnover
*****
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*****
Profitability
Net Profit Margin %
*****
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*****
*****
*****
Operating Margin %
*****
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ROE %
*****
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ROCE %
*****
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Net Worth Margin %
*****
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Growth
Revenue Growth %
*****
*****
*****
*****
*****
Leverage
Equity Multiplier
*****
*****
*****
*****
*****
Debt / EBITDA
*****
*****
*****
*****
*****
Solvency
D/E Ratio
*****
*****
*****
*****
*****
ICR
*****
*****
*****
*****
*****

Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Innovedge Solutions Private Limited

As of FY 2017, Innovedge Solutions Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings Innovedge Solutions Private Limited

Innovedge Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Innovedge Solutions Private Limited

View historical data on people associated with Innovedge Solutions Private Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Innovedge Solutions Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Innovedge Solutions Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Innovedge Solutions Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Innovedge Solutions Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Innovedge Solutions Private Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Innovedge Solutions Private Limited

MSME Payment Delays by Innovedge Solutions Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Innovedge Solutions Private Limited

Subsidiaries & Group Companies of Innovedge Solutions Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Innovedge Solutions Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Innovedge Solutions Private Limited

MCA Filings & Documents of Innovedge Solutions Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Innovedge Solutions Private Limited

Activity
15 Jun 2019
Innovedge Solutions Private Limited last Annual general meeting of members was held on 15 Jun 2019 as per latest MCA records.
Activity
31 Mar 2019
Innovedge Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Cuttack.
Directors
18 Feb 2015
Debansh Sharma Das was appointed as a Director on 18 Feb 2015 & has been associated with this company since 11 years 4 months.
Directors
18 Feb 2015
Ranjita Kabi was appointed as a Director on 18 Feb 2015 & has been associated with this company since 11 years 4 months.
Activity
18 Feb 2015
Innovedge Solutions Private Limited was registered on 18 Feb 2015 with Roc Cuttack & aged 11 years 4 months as per MCA records.

Frequently Asked Questions about Innovedge Solutions Private Limited

Innovedge Solutions Private Limited is an active private limited company in the trading sector based in Bhubaneswar, Orissa, India. It was incorporated on 18 February 2015 (11+ years old) and is registered under CIN U72200OR2015PTC018702.

Innovedge Solutions Private Limited reported revenue of ₹1.85 Lakh for FY 2019 (down 37.00% YoY).

The current directors of Innovedge Solutions Private Limited are:

The primary industry of Innovedge Solutions Private Limited is trading. The company specifically operates in other wholesale. The company is currently active in this sector.

Yes, Innovedge Solutions Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Innovedge Solutions Private Limited can be reached at the registered office: 2Nd Floor Plot No.443 A Sahid Nagar, Bhubaneswar, Orissa, India – 751007, or through the website classystreet.com.

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