Innoviar Solutions Private Limited
About Innoviar Solutions Private Limited
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Innoviar Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 27 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2012PTC065562. Its GSTIN is 29AADCI0264J1ZI (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anil Shrikant Neglur (Whole-Time Director) and Kishore Purohit.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.58 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹54.1 Lakh (net margin 5.1%) and EBITDA of ₹1.93 Cr (EBITDA margin 18.3%). Revenue has grown at a compounded annual rate (CAGR) of 92% over three years and 54% over five years.
As per MCA filings, the company has open charges of ₹2.17 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Innoviar Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 37 Castle Street, Ashok Nagar, Bangalore, Karnataka, India – 560025
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Innoviar Solutions 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 Innoviar Solutions is administrative and support service activities. In detail, this covers rental and leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 77 | Rental and leasing activities |
To see the full business activity and turnover split of Innoviar Solutions Private Limited, buy the company report.
Financials of Innoviar Solutions Private Limited
FY 2025 filings availableInnoviar Solutions Private Limited reported revenue of ₹10.58 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 54% over five years, including 17% growth in the latest year. EBITDA rose 21% 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 |
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| EBITDA | ₹1.93 Cr | ||||
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| Net Profit (PAT) | ₹54.1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 18.3% | ||||
| Net Profit Margin | 5.1% | ||||
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To see the full financial statements and ratios of Innoviar Solutions Private Limited, buy the company report.
Board of directors of Innoviar Solutions Private Limited
Innoviar Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Shrikant Neglur | Whole-Time Director | 15 Apr 2016 | 10 Years 6 Months | Current |
| Kishore Purohit | Director | 21 Mar 2023 | 3 Years 7 Months | Current |
Auditor
Innoviar Solutions Private Limited is audited by K.Raghu&Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.Raghu&Co | FY 2022 | 011530S |
Shareholding
The shareholding of Innoviar Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Innoviar Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2025 | 101110719 | Others | ₹45 Lakh | Open | |
| 07 Jan 2025 | 101132881 | Others | ₹45 Lakh | Open | |
| 25 Sep 2024 | 101005419 | Others | ₹1 Cr | Open | |
| 30 Mar 2023 | 100748897 | Hdfc Bank Limited | ₹12.8 Lakh | Open | |
| 25 Nov 2022 | 100681850 | Hdfc Bank Limited | ₹14 Lakh | Open |
To see the full charge records of Innoviar Solutions Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Innoviar Solutions 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 Innoviar Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innoviar Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI0264J1ZI | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Innoviar Solutions Private Limited, buy the company report.
Recent activity
Innoviar Solutions Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Kishore Purohit was appointed as Director on 21 Mar 2023.
2 earlier events are in the company report.
Frequently asked questions
Innoviar Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 27 August 2012 (14+ years old) and is registered under CIN U72900KA2012PTC065562.
Innoviar Solutions has 2 current directors:
- Anil Shrikant Neglur - Whole-Time Director
- Kishore Purohit - Director
The latest financial statements of Innoviar Solutions 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 2015 are in the company report.
The GSTIN of Innoviar Solutions is 29AADCI0264J1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Innoviar Solutions is U72900KA2012PTC065562. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innoviar Solutions was incorporated on 27 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Kishore Purohit was appointed as Director on 21 Mar 2023. Akshata Kishore Purohit ceased to be Additional Director on 30 Sep 2018. Praveen Rao ceased to be Director on 12 Mar 2018. Innoviar Solutions has 5 board changes on record in total.
The registered office of Innoviar Solutions is at No 37 Castle Street, Ashok Nagar, Bangalore, Karnataka, India – 560025.
Innoviar Solutions operates in the business outsourcing industry, in the business and IT consulting segment.
Innoviar Solutions has open charges of ₹2.17 Cr and no satisfied charges on record as per latest MCA filings.
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