MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0017081
Innoverve Inventions Private Limited - machinery and equipment in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.91 Cr
▲ 7% YoY
Net profit · FY 2024
₹2.12 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹19.21 Lakh
EBITDA margin 6.6%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1.03 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Employees · EPFO
2
Provident fund records
Directors on board
2
As per MCA filings
About Innoverve Inventions Private Limited
Data last updated:
Innoverve Inventions Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 19 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U29220MP2012PTC028001. Its GSTIN is 23AACCI8914J1ZI (Madhya Pradesh).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.03 Lakh. It is led by directors Rajat Goyal and Yash Goyal.
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 Khasra No 12/6 Gram Sukhliya Bajrangpura Main Road Industrial Area Sector A, Indore, Madhya Pradesh, India – 452003.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.91 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹2.12 Lakh (net margin 0.7%) and EBITDA of ₹19.21 Lakh (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years and 45% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Innoverve Inventions.
Innoverve Inventions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0017081). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innoverveinventions.com.
Company details
CIN U29220MP2012PTC028001
Registration Number 028001
Incorporation Date 19 March 2012
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MP-23-0017081
Key People
Rajat Goyal Director Yash Goyal Director Recognitions & Rankings of Innoverve Inventions
Contact details
Innoverve Inventions Private Limited's registered office is in Indore, Madhya Pradesh. Its website is innoverveinventions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKhasra No 12/6 Gram Sukhliya Bajrangpura Main Road Industrial Area Sector A, Indore, Madhya Pradesh, India – 452003
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Innoverve Inventions Private Limited, buy the company report.
Comprehensive company report
Innoverve Inventions 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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Brands
Innoverve Inventions operates one associated brand: Innoverve Inventions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Metalworking machinery and automation solutions are manufactured and supplied. | innoverveinventions.com |
Business activity
The main business activity of Innoverve Inventions 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 Innoverve Inventions Private Limited, buy the company report.
Financials of Innoverve Inventions Private Limited
FY 2024 filings availableInnoverve Inventions Private Limited reported revenue of ₹2.91 Cr (up 7% YoY) for FY 2024.
Revenue · FY 2024
₹2.91 Cr ▲ 7%
Net profit · FY 2024
₹2.12 Lakh margin 0.7%
EBITDA · FY 2024
₹19.21 Lakh margin 6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 69%
5 years · compounded
▲ 45%
EBITDA CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 98%
5 years · compounded
▲ 76%
Revenue has grown at a compounded annual rate (CAGR) of 45% over five years, including 7% growth in the latest year. EBITDA rose 29% 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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| Total Expenses | |||||
| EBITDA | ₹19.21 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.12 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Innoverve Inventions Private Limited, buy the company report.
Board of directors of Innoverve Inventions Private Limited
Innoverve Inventions has 2 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 |
|---|---|---|---|---|
| Rajat Goyal | Director | 19 Mar 2012 | 14 Years 7 Months | Current |
| Yash Goyal | Director | 15 Nov 2012 | 13 Years 11 Months | Current |
Peer comparison
Innoverve Inventions Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sainaath Industrial Works Management Solutions Private Limited | ₹2.92 Cr (FY 2019) | 96.0% | Pithampur, Madhya Pradesh, India | |||
| Innoverve Inventions Private Limitedthis company | ₹2.91 Cr (FY 2024) | ₹2.12 Lakh | 0.7% | 7.0% | 2 | Indore, Madhya Pradesh, India |
| Bardia Technology Systems Private Limited | ₹2.9 Cr (FY 2024) | 66.0% | Indore, Madhya Pradesh, India | |||
| Shree Momai Rotocast Containers Private Limited | ₹2.9 Cr (FY 2025) | -16.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Innoverve Inventions Private Limited, buy the company report.
Auditor
Innoverve Inventions Private Limited is audited by SHILPA NARENDRA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHILPA NARENDRA & CO | FY 2020 | 014342C |
Shareholding
The shareholding of Innoverve Inventions 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 Innoverve Inventions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innoverve Inventions 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
No delayed payments to MSME suppliers are on our record for Innoverve Inventions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innoverve Inventions Private Limited has a workforce of 2 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
GST
Innoverve Inventions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCI8914J1ZI | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Innoverve Inventions Private Limited, buy the company report.
Recent activity
Innoverve Inventions Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Yash Goyal ceased to be Additional Director on 26 Dec 2017.
AGM
Innoverve Inventions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Innoverve Inventions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Ceased
Yash Goyal ceased to be Additional Director.
Ceased
Vandana Goyal ceased to be Director.
Appointed
Yash Goyal was appointed as Director.
Appointed
Rajat Goyal was appointed as Director.
Incorporation
19 Mar 2012
Innoverve Inventions Private Limited was registered on 19 Mar 2012 with Roc Gwalior & aged 14 years 7 months as per MCA records.
Frequently asked questions
Innoverve Inventions is an active private limited company based in Indore, Madhya Pradesh, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 19 March 2012 (14+ years old) and is registered under CIN U29220MP2012PTC028001.
Innoverve Inventions has 2 current directors:
- Rajat Goyal - Director
- Yash Goyal - Director
The latest financial statements of Innoverve Inventions 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 Innoverve Inventions is 23AACCI8914J1ZI, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Innoverve Inventions is U29220MP2012PTC028001. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innoverve Inventions was incorporated on 19 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Innoverve Inventions by revenue are Sainaath Industrial Works Management Solutions Private Limited, Bardia Technology Systems Private Limited, Shree Momai Rotocast Containers Private Limited, all in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Yash Goyal ceased to be Additional Director on 26 Dec 2017. Vandana Goyal ceased to be Director on 20 Nov 2012. Yash Goyal was appointed as Director on 15 Nov 2012. Innoverve Inventions has 4 board changes on record in total.
Yes, Innoverve Inventions is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0017081).
Innoverve Inventions can be reached through the website innoverveinventions.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Innoverve Inventions is at Khasra No 126 Gram Sukhliya Bajrangpura Main Road Industrial Area Sector A, Indore, Madhya Pradesh, India – 452003.
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