I-Novate Infotech Private Limited
About I-Novate Infotech Private Limited
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I-Novate Infotech Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the business process outsourcing sector. It was incorporated on 03 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72200MP2012PTC029634. Its GSTIN is 23AADCI1029B1ZE (Madhya Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Deosharan Trivedi and Anish Kumar.
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 80 Kalindi Mid Town Devguradia Opposite Sahara City Bypass Road, Indore, Madhya Pradesh, India – 452016.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.74 Cr, a growth of 113% compared to the previous year. For the same year it recorded a net profit of ₹18.58 Lakh (net margin 5%) and EBITDA of ₹38.42 Lakh (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹70 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
I-Novate Infotech Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address80 Kalindi Mid Town Devguradia Opposite Sahara City Bypass Road, Indore, Madhya Pradesh, India – 452016
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of I-Novate Infotech 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 I-Novate Infotech is information and communication. In detail, this covers publishing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 58 | Publishing activities |
To see the full business activity and turnover split of I-Novate Infotech Private Limited, buy the company report.
Financials of I-Novate Infotech Private Limited
FY 2024 filings availableI-Novate Infotech Private Limited reported revenue of ₹3.74 Cr (up 113% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 113% growth in the latest year. EBITDA rose 41% 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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| EBITDA | ₹38.42 Lakh | ||||
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| Net Profit (PAT) | ₹18.58 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 10.3% | ||||
| Net Profit Margin | 5% | ||||
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To see the full financial statements and ratios of I-Novate Infotech Private Limited, buy the company report.
Board of directors of I-Novate Infotech Private Limited
I-Novate Infotech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deosharan Trivedi | Director | 29 Sep 2021 | 5 Years 0 Months | Current |
| Anish Kumar | Director | 03 Dec 2012 | 13 Years 10 Months | Current |
Auditor
I-Novate Infotech Private Limited is audited by RATH DINESH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RATH DINESH & ASSOCIATES | FY 2023 | 008344C |
Shareholding
The shareholding of I-Novate Infotech 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 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of I-Novate Infotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 May 2025 | 101110118 | Others | ₹70 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving I-Novate Infotech 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 I-Novate Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
I-Novate Infotech has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCI1029B1ZE | Madhya Pradesh | Active | 01 Jul 2017 |
| 09AADCI1029B2Z3 | Uttar Pradesh | Active | 01 Jul 2026 |
To see the full GST registrations and return filing status of I-Novate Infotech Private Limited, buy the company report.
Recent activity
I-Novate Infotech Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Krishan Bihari Sharma ceased to be Whole-Time Director on 02 Dec 2021.
Frequently asked questions
I-Novate Infotech is an active private limited company based in Indore, Madhya Pradesh, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 03 December 2012 (14+ years old) and is registered under CIN U72200MP2012PTC029634.
I-Novate Infotech has 2 current directors:
- Deosharan Trivedi - Director
- Anish Kumar - Director
The latest financial statements of I-Novate Infotech 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 I-Novate Infotech is 23AADCI1029B1ZE, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 09AADCI1029B2Z3 (Uttar Pradesh).
The CIN (Corporate Identification Number) of I-Novate Infotech is U72200MP2012PTC029634. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
I-Novate Infotech was incorporated on 03 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Gwalior.
Krishan Bihari Sharma ceased to be Whole-Time Director on 02 Dec 2021. Deosharan Trivedi was appointed as Director on 29 Sep 2021. Kumari Lakshmi ceased to be Director on 18 Sep 2019. I-Novate Infotech has 4 board changes on record in total.
The registered office of I-Novate Infotech is at 80 Kalindi Mid Town Devguradia Opposite Sahara City Bypass Road, Indore, Madhya Pradesh, India – 452016.
I-Novate Infotech operates in the business outsourcing industry, in the business process outsourcing segment.
I-Novate Infotech has open charges of ₹70 Lakh and no satisfied charges on record as per latest MCA filings.