About Inovaare Clouds Solutions Private Limited
Data last updated: 18 December 2025
Inovaare Clouds Solutions Private Limited is a private limited company based in Bhubaneswar, Orissa, India. It specialises in application development and software solutions, a part of the broader technology and IT services sector. Incorporated on 29 April 2015, the company has been in operation for over 11 years.
Registered with ROC Cuttack under CIN U72200OR2015PTC018919.
Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mohar Manohar Mishra and Guru Prakash Mishra.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Aparajita 1022 Sriram Nagar, Bhubaneswar, Orissa, India – 751002.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.46 Cr, a growth of 53% compared to the previous year.
The company has a workforce of approximately 163 employees as per the latest available data.
The company is associated with 1 brand - Acesocloud. As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹45 Lakh 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 acesocloud.com.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media
-
Registered AddressAparajita 1022 Sriram Nagar, Bhubaneswar, Orissa, India – 751002
-
IndustryInformation Technology, Application Development & Software Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Inovaare Clouds Solutions Private Limited
Inovaare Clouds Solutions Private Limited operates one associated brand: AcesoCloud. These brands represent Inovaare Clouds Solutions Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| AI-driven platform automating healthcare compliance, risk management, and member services. | acesocloud.com |
Competitors & Alternatives of Inovaare Clouds Solutions Private Limited
Brands and companies operating in the same space as Inovaare Clouds Solutions Private Limited include Title21 Health Solutions, nemedio, MDdatacor and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Title21 Health Solutions
|
Quality management solutions are provided for health sciences organizations. | Pleasanton, United States, United States | 2001 |
nemedio
|
Quality management software is provided for healthcare professionals. | Brooklyn, United States, United States | 2017 |
MDdatacor
|
SaaS based quality management solutions for insurers and providers | Alpharetta, United States, United States | 2001 |
Datix
|
Patient safety software provider | London, United Kingdom, United Kingdom | 1986 |
Quantros
|
SaaS data management solutions are offered for healthcare quality improvement. | Milpitas, United States, United States | 1999 |
ImproveWell
|
Digital platform for quality management and staff communication is provided. | London, United Kingdom, United Kingdom | 2016 |
ONFocus Healthcare
|
Performance management solutions are provided for healthcare organizations. | Brentwood, United States, United States | 1985 |
Figmd
|
Healthcare quality measurement and improvement solutions are delivered. | Schaumburg, United States, United States | 2010 |
Peminic
|
eSurveillance software is developed for patient safety and risk management. | Princeton, United States, United States | 2002 |
Business Activity of Inovaare Clouds Solutions Private Limited
Inovaare Clouds Solutions Private Limited is engaged in the principal business activity of information and communication, with detailed activities including other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | ********* |
Auditor Details of Inovaare Clouds Solutions Private Limited
Inovaare Clouds Solutions Private Limited is audited by R.C.PRADHAN & CO for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R.C.PRADHAN & CO | blur-value | blur-value | blur-value |
Board of Directors of Inovaare Clouds Solutions Private Limited
Inovaare Clouds Solutions Private Limited is governed by 2 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohar Manohar Mishra | Director | 29 Apr 2015 | 11 Years 2 Months | Current |
| Guru Prakash Mishra | Director | 29 Apr 2015 | 11 Years 2 Months | Current |
Financials of Inovaare Clouds Solutions Private Limited FY 2025 filings available
Inovaare Clouds Solutions Private Limited reported revenue of ₹29.46 Cr (up 53% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue from Operations | ***** | ***** | ***** | ***** | ***** |
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Other Income | ***** | ***** | ***** | ***** | ***** |
| Total Revenue | ***** | ***** | ***** | ***** | ***** |
| Expenses | |||||
| Total Expenses | ***** | ***** | ***** | ***** | ***** |
| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Tax & Net Profit | |||||
| Tax Expense | ***** | ***** | ***** | ***** | ***** |
| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Shareholders' Funds | |||||
| Total Shareholders' Funds | ***** | ***** | ***** | ***** | ***** |
| Equity Capital | ***** | ***** | ***** | ***** | ***** |
| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
| Non-Current Liabilities | |||||
| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
| Total Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| 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.
Shareholding Pattern of Inovaare Clouds Solutions Private Limited
As of FY 2023, Inovaare Clouds Solutions Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Inovaare Clouds Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jan 2023 | Hdfc Bank Limited | ₹1.6 Cr | Open |
| 29 Jul 2021 | Hdfc Bank Limited | ₹40 Lakh | Open |
| 08 Feb 2022 | Hdfc Bank Limited | ₹45 Lakh | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Inovaare Clouds Solutions Private Limited
Inovaare Clouds Solutions Private Limited has a workforce of 163 employees as of Apr 08, 2024.
Employee Count & EPFO Data of Inovaare Clouds Solutions Private Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Inovaare Clouds Solutions Private Limited
GSTIN & GST Filing Data of Inovaare Clouds Solutions Private Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Inovaare Clouds Solutions Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Inovaare Clouds Solutions Private Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Inovaare Clouds Solutions Private Limited
MSME Payment Delays by Inovaare Clouds Solutions Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Inovaare Clouds Solutions Private Limited
Subsidiaries & Group Companies of Inovaare Clouds Solutions Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Inovaare Clouds Solutions Private Limited with ownership details.
MCA Filings & Documents of Inovaare Clouds Solutions Private Limited
MCA Filings & Documents of Inovaare Clouds Solutions Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Inovaare Clouds Solutions Private Limited
Frequently Asked Questions about Inovaare Clouds Solutions Private Limited
Inovaare Clouds Solutions Private Limited is an active private limited company in the information technology sector based in Bhubaneswar, Orissa, India. It was incorporated on 29 April 2015 (11+ years old) and is registered under CIN U72200OR2015PTC018919. The company has 163 employees.
Inovaare Clouds Solutions Private Limited reported revenue of ₹29.46 Cr for FY 2024 (up 53.00% YoY).
The current directors of Inovaare Clouds Solutions Private Limited are:
The primary industry of Inovaare Clouds Solutions Private Limited is information technology. The company specifically operates in application development and software solutions. The company is currently active in this sector.
Inovaare Clouds Solutions Private Limited can be reached at the registered office: Aparajita 1022 Sriram Nagar, Bhubaneswar, Orissa, India – 751002, or through the website acesocloud.com.
The authorised capital is ₹10 Lakh, and the paid-up capital is ₹1 Lakh.