About Inovic Engineering Solutions Private Limited
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Inovic Engineering Solutions Private Limited is a private limited company based in Pune City, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 04 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29253PN2012PTC144940. Its GSTIN is 27AADCI0533J1ZQ (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.37 Cr. It is led by directors including Mahendra Mansukhlal Munot and Kishor Hastimal Munot.
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 Pune City, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.68 Cr, a growth of 150% compared to the previous year. For the same year it recorded a net profit of ₹27.81 Lakh (net margin 16.5%) and EBITDA of ₹38.31 Lakh (EBITDA margin 22.8%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 44% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website inovicengineering.com.
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- Website
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- Registered AddressE 21/22 MIDC, Opp Philips India Ltd Bhosari, Pune City, Maharashtra, India – 411026
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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
- One PDF report, delivered after checkout
Business Activity of Inovic Engineering Solutions Private Limited
The main business activity of Inovic Engineering Solutions is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Inovic Engineering Solutions Private Limited FY 2025 filings available
Inovic Engineering Solutions Private Limited reported revenue of ₹1.68 Cr (up 150% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Inovic Engineering Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 44% over five years, including 150% growth 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 of Inovic Engineering Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹38.31 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹27.81 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Inovic Engineering Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 16.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Inovic Engineering Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Inovic Engineering Solutions Private Limited
Inovic Engineering Solutions Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shrinag Autotools Private Limited | ₹1.69 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Grik Metal (India) Private Limited | ₹1.69 Cr (FY 2025) | •••• | •••• | 539.0% | •••• | Jamnagar, Gujarat, India |
| Runwell Industries (India) Private Limited | ₹1.69 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Gravitas Ultratech Solutions Private Limited | ₹1.69 Cr (FY 2023) | •••• | •••• | 104.0% | •••• | Kanchipuram, Tamil Nadu, India |
| Lata Toolings Private Limited | ₹1.68 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Hyderabad, Telangana, India |
| Inovic Engineering Solutions Private Limited this company | ₹1.68 Cr (FY 2024) | •••• | •••• | 150.0% | •••• | Pune City, Maharashtra, India |
| Kamala Engineering (Diamonds) Private Limited | ₹1.68 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Navi Mumbai, Maharashtra, India |
| Mech-Seal Engineering (India) Private Limited | ₹1.68 Cr (FY 2025) | •••• | •••• | 87.0% | •••• | Mumbai, Maharashtra, India |
| Sigma Flex Engineering Pvt Ltd | ₹1.68 Cr (FY 2025) | •••• | •••• | 144.0% | •••• | Vadodara, Gujarat, India |
| Wonder Precision Private Limited | ₹1.67 Cr (FY 2024) | •••• | •••• | -74.0% | •••• | Pune City, Maharashtra, India |
| SG Lattice Private Limited | ₹1.67 Cr (FY 2025) | •••• | •••• | -74.0% | •••• | Meerut, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Inovic Engineering Solutions by revenue in the Machinery and Equipment industry (Tools and Components), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Inovic Engineering Solutions Private Limited
Inovic Engineering Solutions Private Limited is audited by B T N & COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B T N & COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Inovic Engineering Solutions Private Limited
Inovic Engineering Solutions has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendra Mansukhlal Munot Also directs: Kaygee Engineering Private Limited, Manakmoti Spinnings LLP | Director | 04 Oct 2012 | 14 Years 0 Months | Current |
| Kishor Hastimal Munot Also directs: Kaygee Engineering Private Limited | Director | 12 Jan 2015 | 11 Years 8 Months | Current |
| Abhay Mansukhlal Munot Also directs: Kaygee Engineering Private Limited, Manakmoti Spinnings LLP | Director | 12 Jan 2015 | 11 Years 8 Months | Current |
| Vilas Chandmal Munot Also directs: Kaygee Engineering Private Limited | Director | 04 Oct 2012 | 14 Years 0 Months | Current |
| Abhijit Vilas Munot Also directs: Kaygee Engineering Private Limited | Director | 04 Oct 2012 | 14 Years 0 Months | Current |
| Aditi Abhijit Munot Also directs: Kaygee Engineering Private Limited | Director | 04 Oct 2012 | 14 Years 0 Months | Current |
Ownership and Shareholding of Inovic Engineering Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Inovic Engineering Solutions Private Limited
Inovic Engineering Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Inovic Engineering Solutions Private Limited
Employment history and EPFO contributions of people linked to Inovic Engineering Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Inovic Engineering Solutions Private Limited
Inovic Engineering Solutions Private Limited has 8 board changes on record since 2012: 6 appointments and 2 cessations. The latest: Abhay Mansukhlal Munot ceased to be Additional Director on 30 Sep 2015.
Credit Ratings, Litigation & Regulatory Alerts for Inovic Engineering Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Inovic Engineering Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Inovic Engineering Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Inovic Engineering Solutions Private Limited
Inovic Engineering Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI0533J1ZQ | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Inovic Engineering Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Inovic Engineering Solutions Private Limited
Inovic Engineering Solutions is an active private limited company based in Pune City, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 04 October 2012 (14+ years old) and is registered under CIN U29253PN2012PTC144940.
Inovic Engineering Solutions reported revenue of ₹1.68 Cr for FY 2024 (up 150% YoY).
Inovic Engineering Solutions has 6 current directors:
- Mahendra Mansukhlal Munot - Director
- Kishor Hastimal Munot - Director
- Abhay Mansukhlal Munot - Director
- Vilas Chandmal Munot - Director
- Abhijit Vilas Munot - Director
- Aditi Abhijit Munot - Director
Inovic Engineering Solutions reported a net profit of ₹27.81 Lakh (net margin 16.5%) and EBITDA of ₹38.31 Lakh (EBITDA margin 22.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Inovic Engineering Solutions is 58% over three years and 44% over five years. In the latest year (FY 2024) revenue rose 150%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Inovic Engineering Solutions is 27AADCI0533J1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Inovic Engineering Solutions is U29253PN2012PTC144940. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inovic Engineering Solutions was incorporated on 04 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Inovic Engineering Solutions by revenue are Shrinag Autotools Private Limited, Grik Metal (India) Private Limited, Runwell Industries (India) Private Limited, Gravitas Ultratech Solutions Private Limited, Lata Toolings Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Abhay Mansukhlal Munot ceased to be Additional Director on 30 Sep 2015. Kishor Hastimal Munot ceased to be Additional Director on 30 Sep 2015. Abhay Mansukhlal Munot was appointed as Director on 12 Jan 2015. Inovic Engineering Solutions has 8 board changes on record in total.
Inovic Engineering Solutions can be reached through the website inovicengineering.com. Its registered office is in Pune City, Maharashtra, India.