MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-11-0014068
Inovation Handart Private Limited - consumer goods in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹17.34 Cr
▲ 13% YoY
Net profit · FY 2024
₹44.39 Lakh
Net margin 2.6%
EBITDA · FY 2024
₹73.79 Lakh
EBITDA margin 4.3%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹4.13 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
3
As per MCA filings
About Inovation Handart Private Limited
Data last updated:
Inovation Handart Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 23 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2014PTC268177. Its GSTIN is 09AADCI5739G1ZD (Uttar Pradesh). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Atul Kumar Jain (Managing Director) and Vinita Jain.
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 B – 291 Ground Floor Pkt – 3 Type – A Bindapur D.D.A. Flats Uttam Nagar, New Delhi, Delhi, India – 110059.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.34 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹44.39 Lakh (net margin 2.6%) and EBITDA of ₹73.79 Lakh (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 26% over five years.
The company is associated with 1 brand: Homesake. As per MCA filings, the company has open charges of ₹4.13 Cr on record.
Inovation Handart Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-11-0014068). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website homesake.in.
Company details
CIN U74999DL2014PTC268177
Registration Number 268177
Incorporation Date 23 June 2014
ROC Delhi
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 Small
Udyam Registration UDYAM-DL-11-0014068
Recognitions & Rankings of Inovation Handart
Contact details
Inovation Handart Private Limited's registered office is in New Delhi, Delhi. Its website is homesake.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 291 Ground Floor Pkt – 3 Type – A Bindapur D.D.A. Flats Uttam Nagar, New Delhi, Delhi, India – 110059
- IndustryConsumer Goods, Home Furnishings Manufacturing
To see the full contact details of Inovation Handart Private Limited, buy the company report.
Comprehensive company report
Inovation Handart 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
Inovation Handart operates one associated brand: Homesake. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online retailer selling lamps, decor, and home accessories. | homesake.in |
Business activity
The main business activity of Inovation Handart is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Inovation Handart Private Limited, buy the company report.
Financials of Inovation Handart Private Limited
FY 2024 filings availableInovation Handart Private Limited reported revenue of ₹17.34 Cr (up 13% YoY) for FY 2024.
Revenue · FY 2024
₹17.34 Cr ▲ 13%
Net profit · FY 2024
₹44.39 Lakh margin 2.6%
EBITDA · FY 2024
₹73.79 Lakh margin 4.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 13%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 33%
5 years · compounded
▲ 41%
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 13% growth in the latest year. EBITDA rose 17% 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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| Profit and Loss Statement | |||||
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| Total Expenses | |||||
| EBITDA | ₹73.79 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹44.39 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 4.3% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Inovation Handart Private Limited, buy the company report.
Board of directors of Inovation Handart Private Limited
Inovation Handart has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinita Jain | Director | 23 Jun 2014 | 12 Years 4 Months | Current |
| Atul Kumar Jain | Managing Director | 23 Jun 2014 | 12 Years 4 Months | Current |
| Avi Jain | Director | 23 Jun 2014 | 12 Years 4 Months | Current |
Auditor
Inovation Handart Private Limited is audited by SHATANSHU SINGHAL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHATANSHU SINGHAL & CO | FY 2023 | 095746 |
Shareholding
The shareholding of Inovation Handart 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 Inovation Handart Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.13 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Apr 2024 | 100924285 | Others | ₹4.13 Cr | Open |
To see the full charge records of Inovation Handart Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Inovation Handart 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 Inovation Handart Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Inovation Handart has 6 GST registrations: 2 active and 4 cancelled or inactive.
Total GSTINs
6
Active
2
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCI5739G1ZD | Uttar Pradesh | Active | 01 Jul 2017 |
| 09AAGCM2240M1ZB | Uttar Pradesh | Active | 21 Sep 2017 |
To see the full GST registrations and return filing status of Inovation Handart Private Limited, buy the company report.
Recent activity
Inovation Handart Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Atul Kumar Jain was appointed as Managing Director on 23 Jun 2014.
Charges
A charge with Others of Rs. 412.50 Lakh registered on 18 Apr 2024 with Charge ID 100924285 was modified on 11 Jun 2025.
AGM
Inovation Handart Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 412.50 Lakh with Charge ID 100924285 was registered on 18 Apr 2024.
Filing
Inovation Handart Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Appointed
Atul Kumar Jain was appointed as Managing Director.
Appointed
Avi Jain was appointed as Director.
Appointed
Vinita Jain was appointed as Director.
Incorporation
23 Jun 2014
Inovation Handart Private Limited was registered on 23 Jun 2014 with Roc Delhi & aged 12 years 4 months as per MCA records.
Frequently asked questions
Inovation Handart is an active private limited company based in New Delhi, Delhi, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 23 June 2014 (12+ years old) and is registered under CIN U74999DL2014PTC268177.
Inovation Handart has 3 current directors:
- Atul Kumar Jain - Managing Director
- Vinita Jain - Director
- Avi Jain - Director
The latest financial statements of Inovation Handart 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 Inovation Handart is 09AADCI5739G1ZD, registered in Uttar Pradesh. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 09AAGCM2240M1ZB (Uttar Pradesh).
The CIN (Corporate Identification Number) of Inovation Handart is U74999DL2014PTC268177. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inovation Handart was incorporated on 23 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.
Atul Kumar Jain was appointed as Managing Director on 23 Jun 2014. Avi Jain was appointed as Director on 23 Jun 2014. Vinita Jain was appointed as Director on 23 Jun 2014.
Yes, Inovation Handart is registered as a small enterprise under Udyam registration (number: UDYAM-DL-11-0014068).
Inovation Handart can be reached through the website homesake.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Inovation Handart is at B – 291 Ground Floor Pkt – 3 Type – A Bindapur D.D.A. Flats Uttam Nagar, New Delhi, Delhi, India – 110059.
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