Startup India Government of India
Inovact Private Limited
Inovact Private Limited - information technology in Mysore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.69 Lakh
▲ 15% YoY
Net profit · FY 2025
₹96,654
Net margin 26.2%
EBITDA · FY 2025
₹1.22 Lakh
EBITDA margin 33%
Authorised capital
₹15,000
Registered with MCA
Paid-up capital
₹15,000
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Inovact Private Limited
Data last updated:
Inovact Private Limited is a private limited company based in Mysore, Karnataka, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 23 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC149916. Its GSTIN is 29AAGCI2339K1Z9 (Karnataka).
The company has an authorised share capital of ₹15,000 and a paid-up capital of ₹15,000. It is led by directors Tirumale Venkataraman Shyamasundar and Tirumale Shyamasundar Sarang.
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 731 E And F Block Kuvempunagar Mysore, Karnataka, India – 570023.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.69 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹96,654 (net margin 26.2%) and EBITDA of ₹1.22 Lakh (EBITDA margin 33%). Revenue has grown at a compounded annual rate (CAGR) of 217% over three years.
The company is associated with 1 brand: Inovact.
Company details
CIN U72900KA2021PTC149916
Registration Number 149916
Incorporation Date 23 July 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Inovact
Contact details
Inovact Private Limited's registered office is in Mysore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address731 E And F Block Kuvempunagar Mysore, Karnataka, India – 570023
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of Inovact Private Limited, buy the company report.
Comprehensive company report
Inovact 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
Inovact operates one associated brand: Inovact. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Social network connecting students and entrepreneurs for collaboration and projects. | inovact.in |
Business activity
The main business activity of Inovact is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Inovact Private Limited, buy the company report.
Financials of Inovact Private Limited
FY 2025 filings availableInovact Private Limited reported revenue of ₹3.69 Lakh (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹3.69 Lakh ▲ 15%
Net profit · FY 2025
₹96,654 margin 26.2%
EBITDA · FY 2025
₹1.22 Lakh margin 33%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 217%
EBITDA CAGR growth
1 year
▲ 335%
3 years · compounded
▲ 62%
Revenue has grown at a compounded annual rate (CAGR) of 217% over three years, including 15% growth in the latest year. EBITDA rose 335% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
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| Total Expenses | ||||
| EBITDA | ₹1.22 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹96,654 | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 33% | |||
| Net Profit Margin | 26.2% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Asset Turnover | ||||
| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Inovact Private Limited, buy the company report.
Board of directors of Inovact Private Limited
Inovact has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tirumale Venkataraman Shyamasundar | Director | 07 Jun 2022 | 4 Years 4 Months | Current |
| Tirumale Shyamasundar Sarang | Director | 23 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
Inovact Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Grovyo Platforms Private Limited | ₹3.69 Lakh (FY 2025) | 151.0% | Kanpur, Uttar Pradesh, India | |||
| Rudios Technologies Private Limited | ₹3.69 Lakh (FY 2024) | 97.0% | Faridabad, Haryana, India | |||
| Avert Support Private Limited | ₹3.69 Lakh (FY 2024) | New Delhi, Delhi, India | ||||
| Inovact Private Limitedthis company | ₹3.69 Lakh (FY 2025) | ₹96,654 | 26.2% | 15.0% | Mysore, Karnataka, India | |
| Algimate Dental Systems Private Limited | ₹3.69 Lakh (FY 2025) | -43.0% | Aluva Municipality, Kerala, India | |||
| Aisomex Consultancy Services Private Limited | ₹3.69 Lakh (FY 2025) | -35.0% | Rajkot, Gujarat, India | |||
| Alertresonance Marketing Private Limited | ₹3.69 Lakh (FY 2019) | 49.0% | Ghaziabad, Uttar Pradesh, India | |||
| Ftil Consultants Private Limited | ₹3.69 Lakh (FY 2024) | -8.0% | Kaushambi, Uttar Pradesh, India |
To see the full peer comparison of Inovact Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Inovact 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 Inovact Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Inovact Private Limited has 1 active EPFO establishment as of Apr 01, 2024.
Active EPFO establishments
1
GST
Inovact has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCI2339K1Z9 | Karnataka | Active | 27 Jan 2022 |
To see the full GST registrations and return filing status of Inovact Private Limited, buy the company report.
Recent activity
Inovact Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Tirumale Venkataraman Shyamasundar was appointed as Director on 07 Jun 2022.
AGM
Inovact Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Inovact Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Tirumale Venkataraman Shyamasundar was appointed as Director.
Ceased
Raiba Bhosale ceased to be Director.
Appointed
Tirumale Shyamasundar Sarang was appointed as Director.
Incorporation
23 Jul 2021
Inovact Private Limited was registered on 23 Jul 2021 with Roc Bangalore & aged 5 years 3 months as per MCA records.
Frequently asked questions
Inovact is an active private limited company based in Mysore, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 23 July 2021 (5+ years old) and is registered under CIN U72900KA2021PTC149916.
Inovact has 2 current directors:
- Tirumale Venkataraman Shyamasundar - Director
- Tirumale Shyamasundar Sarang - Director
The latest financial statements of Inovact 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 FY 2022 are in the company report.
The GSTIN of Inovact is 29AAGCI2339K1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Inovact is U72900KA2021PTC149916. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inovact was incorporated on 23 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Inovact by revenue are Grovyo Platforms Private Limited, Rudios Technologies Private Limited, Avert Support Private Limited, Algimate Dental Systems Private Limited, Aisomex Consultancy Services Private Limited and 2 more, all in the same principal business activity (other professional, scientific and technical activities).
Tirumale Venkataraman Shyamasundar was appointed as Director on 07 Jun 2022. Raiba Bhosale ceased to be Director on 23 May 2022. Tirumale Shyamasundar Sarang was appointed as Director on 23 Jul 2021.
Yes, Inovact is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Inovact is at 731 E And F Block Kuvempunagar Mysore, Karnataka, India – 570023.
Inovact operates in the information technology industry, in the other computer related activities segment.