Innover Systems Private Limited

Innover Systems Private Limited - information technology in Haveli, Maharashtra, India. FY 2026 financials and compliance.
CIN U72200PN2014PTC153222 Incorporated 26 November 2014 ROC Pune HQ Haveli, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹33.02 Cr
▲ 674.00% YoY
EBITDA · FY 2025
*****
▲ 624.00% YoY
Net profit · FY 2025
*****
▲ 734.00% YoY
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹3.63 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Last financials
Mar 2025
Balance sheet date

About Innover Systems Private Limited

Data last updated: 11 February 2026

Innover Systems Private Limited is a private limited company based in Haveli, Maharashtra, India, recognised as a startup by DPIIT. It specialises in application development and software solutions, a part of the broader technology and IT services sector. Incorporated on 26 November 2014, the company has been in operation for over 12 years.

Registered with ROC Pune under CIN U72200PN2014PTC153222.

Capital: an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Omkar Nitin Patil and Aniket Jagtap Padmakarrao.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Office No – 812 Westport Pancard Club Road, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹33.02 Cr, reflecting significant growth compared to the previous year.

The company is associated with 1 brand - Innover Systems. As per MCA filings, the company has open charges of ₹3.63 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 innoversystems.com.

Company Details of Innover Systems Private Limited
CIN U72200PN2014PTC153222
Registration Number 153222
Incorporation Date 26 November 2014
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Social Media
  • Apps
  • Registered Address
    Office No – 812 Westport Pancard Club Road, Baner Pune West Maharashtra, Haveli, Maharashtra, India – 411045
  • Industry
    Information Technology, Application Development & Software Solutions
Company report
Innover Systems Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Innover Systems Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Innover Systems Private Limited

Innover Systems Private Limited operates one associated brand: Innover Systems. These brands represent Innover Systems Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Offers IT solutions including app development, software, and consulting services worldwide. innoversystems.com

Competitors & Alternatives of Innover Systems Private Limited

Brands and companies operating in the same space as Innover Systems Private Limited include Happiest Minds, Mavenir, 1&1 IONOS and 6 more.

Competitor Description Location Founded
Happiest Minds Happiest Minds IT outsourcing services are delivered across multiple business lines. Bengaluru, India, India 2011
Mavenir Mavenir Multi-access edge networking computing platform is provided for mobile services. Richardson, United States, United States 2005
1&1 IONOS 1&1 IONOS Cloud infrastructure and hosting services are provided by 1&1 IONOS. Chesterbrook, United States, United States 1988
Datamatics Datamatics Cloud-based text analytics and cognitive automation services are provided. Mumbai, India, India 1975
Genpact Genpact Provider of end-to-end business process outsourcing services New York, United States, United States 1997
NTT DATA NTT DATA Application development, cloud, cybersecurity, and business intelligence services are provided. Koto City, Japan, Japan 1967
Endava Endava Endava is engaged in digital transformation and AI-driven solutions. London, United Kingdom, United Kingdom 2000
Accenture Accenture IT and management consultancy services are provided globally. Dublin, Ireland, Ireland 1989
UST UST High-quality office furniture is provided by UST for various needs. Taiwan 1998

Business Activity of Innover Systems Private Limited

Innover Systems Private Limited is engaged in the principal business activity of information and communication, with detailed activities including publishing of computer operating systems, system software, application software, games, etc..

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
J Information and communication J2 Publishing of computer operating systems, system software, application software, games, etc. *********

Auditor Details of Innover Systems Private Limited

Innover Systems Private Limited is audited by PSBC & ASSOCIATES for the financial year 2020. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
PSBC & ASSOCIATES blur-value blur-value blur-value

Board of Directors of Innover Systems Private Limited

Innover Systems Private Limited is currently managed by 2 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Omkar Nitin Patil Director 26 Nov 2014 11 Years 7 Months Current
Aniket Jagtap Padmakarrao Director 26 Nov 2014 11 Years 7 Months Current

Financials of Innover Systems Private Limited FY 2025 filings available

Innover Systems Private Limited reported revenue of ₹33.02 Cr (up 674% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹33.02 Cr ▲ 674%
Profit
***** ▲ 734%
EBITDA
***** ▲ 624%
Metrics
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Revenue
Revenue from Operations
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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 %
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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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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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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
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- 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)
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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 %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
*****
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ICR
*****
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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 Innover Systems Private Limited

As of FY 2020, Innover Systems 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 of Innover Systems Private Limited

Open charges
₹3.63 Cr
Satisfied charges
₹0
Breakdown by lending institutions
Others₹3.63 Cr
Latest charge details
DateLenderAmountStatus
27 May 2025 Others ₹1.27 Cr Open
29 Mar 2025 Others ₹93 Lakh Open
16 Mar 2024 Others ₹1.43 Cr Open

Total charge records: 3 View all charges

Employees and EPFO Compliance at Innover Systems Private Limited

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

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Innover Systems 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 Innover Systems Private Limited

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

GSTIN & GST Filing Data of Innover Systems 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 Innover Systems 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 Innover Systems 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 Innover Systems Private Limited

MSME Payment Delays by Innover Systems 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 Innover Systems Private Limited

Subsidiaries & Group Companies of Innover Systems Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Innover Systems 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 Innover Systems Private Limited

MCA Filings & Documents of Innover Systems 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 Innover Systems Private Limited

Activity
30 Sep 2025
Innover Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
27 May 2025
A charge with Others amounted to Rs. 126.52 Lakh with Charge ID 101101342 was registered on 27 May 2025.
Activity
31 Mar 2025
Innover Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
29 Mar 2025
A charge with Others amounted to Rs. 93.00 Lakh with Charge ID 101083904 was registered on 29 Mar 2025.
Charges
16 Mar 2024
A charge with Others amounted to Rs. 143.38 Lakh with Charge ID 100953853 was registered on 16 Mar 2024.
Directors
26 Nov 2014
Omkar Nitin Patil was appointed as a Director on 26 Nov 2014 & has been associated with this company since 11 years 7 months.

Frequently Asked Questions about Innover Systems Private Limited

Innover Systems Private Limited is an active private limited company in the information technology sector based in Haveli, Maharashtra, India. It was incorporated on 26 November 2014 (12+ years old) and is registered under CIN U72200PN2014PTC153222.

Innover Systems Private Limited reported revenue of ₹33.02 Cr for FY 2025 (up 674.00% YoY).

The current directors of Innover Systems Private Limited are:

The primary industry of Innover Systems Private Limited is information technology. The company specifically operates in application development and software solutions. The company is currently active in this sector.

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

Innover Systems Private Limited can be reached at the registered office: Office No – 812 Westport Pancard Club Road, Baner Pune West Maharashtra, Haveli, Maharashtra, India – 411045, or through the website innoversystems.com.

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