About Invincix Solutions Private Limited
Data last updated:
Invincix Solutions Private Limited is a private limited company based in Cuttack, Odisha, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74999OR2017PTC026323. Its GSTIN is 21AAECI3633G2Z0 (Odisha). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Abhijit Panigrahi (Managing Director) and Rakesh Kumar Behera.
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 Cdd – 2 Badambadi Sharadha Bhawan Rajendra Nagar Madhupat, Cuttack, Odisha, India – 753010.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.49 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹4.34 Lakh (net margin 1%) and EBITDA of ₹14.55 Lakh (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years and 24% over five years.
The company has about 49 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: InstaBlood and Invincix.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website invincix.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressCdd – 2 Badambadi Sharadha Bhawan Rajendra Nagar Madhupat, Cuttack, Odisha, India – 753010
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Invincix Solutions Private Limited
The main business activity of Invincix Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Invincix Solutions Private Limited FY 2025 filings available
Invincix Solutions Private Limited reported revenue of ₹4.49 Cr (up 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Invincix Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 21% growth in the latest year. EBITDA fell 55% 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 Invincix 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 | ₹14.55 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.34 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 Invincix Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1% | •••• | •••• | •••• | •••• |
| 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 Invincix Solutions are in the company report.
Financial statements from FY 2017
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 Invincix Solutions Private Limited
Invincix Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hages Business Solutions Private Limited | ₹4.5 Cr (FY 2019) | •••• | •••• | 23.0% | •••• | Thiruvananthapuram, Kerala, India |
| Wecode4u Private Limited | ₹4.5 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Jaipur, Rajasthan, India |
| Shinsei Technology (India) Private Limited | ₹4.5 Cr (FY 2025) | •••• | •••• | 90.0% | •••• | Koothattukulam, Kerala, India |
| Seahawk Web Services Private Limited | ₹4.5 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Gurgaon, Haryana, India |
| Abacus Consultancy Services (India) Private Limited | ₹4.5 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Indore, Madhya Pradesh, India |
| Invincix Solutions Private Limited this company | ₹4.49 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Cuttack, Odisha, India |
| Pactic Media Concepts (OPC) Private Limited | ₹4.49 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | Pune, Maharashtra, India |
| Beez Innovation Labs Private Limited | ₹4.49 Cr (FY 2024) | •••• | •••• | 49.0% | •••• | Chennai, Tamil Nadu, India |
| Digitouch Technologies Private Limited | ₹4.49 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Bangalore, Karnataka, India |
| Betatest Solutions Private Limited | ₹4.49 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Indiranagar, Karnataka, India |
| International Campus Solutions Private Limited | ₹4.48 Cr (FY 2025) | •••• | •••• | 926.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Invincix Solutions by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Invincix Solutions Private Limited
Invincix Solutions Private Limited is audited by G CHOUDHURY AND CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G CHOUDHURY AND CO | 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 Invincix Solutions Private Limited
Invincix Solutions has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhijit Panigrahi | Managing Director | 24 Apr 2017 | 9 Years 5 Months | Current |
| Rakesh Kumar Behera Also directs: BRB Builders Private Limited, Xprodedge Solutions Private Limited | Director | 25 Jan 2017 | 9 Years 8 Months | Current |
| Suraj Sahoo | Director | 25 Jan 2017 | 9 Years 8 Months | Current |
| Manas Ranjan Behera Also directs: Xprodedge Solutions Private Limited | Director | 24 Apr 2017 | 9 Years 5 Months | Current |
Ownership and Shareholding of Invincix 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 Invincix Solutions Private Limited
Invincix Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Invincix Solutions Private Limited
Invincix Solutions operates two associated brands: InstaBlood and Invincix. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online network for blood donors. | instablood.org | |
| Delivers business transformation, software development, and consulting services. | invincix.com |
Employees and EPFO Compliance at Invincix Solutions Private Limited
Invincix Solutions Private Limited has a workforce of 49 employees as of Apr 04, 2024.
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 Invincix Solutions Private Limited
Invincix Solutions Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Abhijit Panigrahi was appointed as Managing Director on 24 Apr 2017.
Credit Ratings, Litigation & Regulatory Alerts for Invincix 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 Invincix 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 Invincix 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 Invincix Solutions Private Limited
Invincix Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAECI3633G2Z0 | Odisha | Active | 06 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 Invincix 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 Invincix Solutions Private Limited
Invincix Solutions is an active private limited company based in Cuttack, Odisha, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 January 2017 (9+ years old) and is registered under CIN U74999OR2017PTC026323.
Invincix Solutions reported revenue of ₹4.49 Cr for FY 2024 (up 21% YoY).
Invincix Solutions has 4 current directors:
- Abhijit Panigrahi - Managing Director
- Rakesh Kumar Behera - Director
- Suraj Sahoo - Director
- Manas Ranjan Behera - Director
Invincix Solutions reported a net profit of ₹4.34 Lakh (net margin 1%) and EBITDA of ₹14.55 Lakh (EBITDA margin 3.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Invincix Solutions is 71% over three years and 24% over five years. In the latest year (FY 2024) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Invincix Solutions is 21AAECI3633G2Z0, registered in Odisha. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Invincix Solutions is U74999OR2017PTC026323. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Invincix Solutions was incorporated on 25 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Invincix Solutions by revenue are Hages Business Solutions Private Limited, Wecode4u Private Limited, Shinsei Technology (India) Private Limited, Seahawk Web Services Private Limited, Abacus Consultancy Services (India) Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Abhijit Panigrahi was appointed as Managing Director on 24 Apr 2017. Manas Ranjan Behera was appointed as Director on 24 Apr 2017. Rakesh Kumar Behera was appointed as Director on 25 Jan 2017. Invincix Solutions has 4 board changes on record in total.
Yes, Invincix Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).