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Itnovate Consultancy Services Private Limited
Itnovate Consultancy Services Private Limited - software in Mumbai, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2024
₹10.45 Lakh
▲ 292% YoY
Net profit · FY 2024
₹78,520
Net margin 7.5%
EBITDA · FY 2024
₹78,520
EBITDA margin 7.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
4
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Itnovate Consultancy Services Private Limited
Data last updated:
Itnovate Consultancy Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the software products and publishing segment of the software and technology sector. It was incorporated on 11 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2020PTC351706.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Madhuri Vilas Jadhav and Harshad Suresh Patil.
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 F – No 801 Chandravilla Building Cts No810 A/2 V. B. Phadke Marg Mulund East, Mumbai, Maharashtra, India – 400081.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.45 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹78,520 (net margin 7.5%) and EBITDA of ₹78,520 (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 111% over three years.
Itnovate Consultancy Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0078337).
Company details
CIN U72200MH2020PTC351706
Registration Number 351706
Incorporation Date 11 December 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0078337
Recognitions & Rankings of Itnovate Consultancy Services
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0078337
Contact details
Itnovate Consultancy Services Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressF – No 801 Chandravilla Building Cts No810 A/2 V. B. Phadke Marg Mulund East, Mumbai, Maharashtra, India – 400081
- IndustrySoftware, Software Publishing, Software Development
Comprehensive company report
Itnovate Consultancy Services 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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Business activity
The main business activity of Itnovate Consultancy Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Itnovate Consultancy Services Private Limited, buy the company report.
Financials of Itnovate Consultancy Services Private Limited
FY 2025 filings availableItnovate Consultancy Services Private Limited reported revenue of ₹10.45 Lakh (up 292% YoY) for FY 2024.
Revenue · FY 2024
₹10.45 Lakh ▲ 292%
Net profit · FY 2024
₹78,520 margin 7.5%
EBITDA · FY 2024
₹78,520 margin 7.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 292%
3 years · compounded
▲ 111%
EBITDA CAGR growth
1 year
▲ 118%
3 years · compounded
▲ 13%
Revenue has grown at a compounded annual rate (CAGR) of 111% over three years, including 292% growth in the latest year. EBITDA rose 118% 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 |
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| EBITDA | ₹78,520 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹78,520 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 7.5% | |||
| Net Profit Margin | 7.5% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Itnovate Consultancy Services Private Limited, buy the company report.
Board of directors of Itnovate Consultancy Services Private Limited
Itnovate Consultancy Services has 4 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 |
|---|---|---|---|---|
| Madhuri Vilas Jadhav | Director | 11 Dec 2020 | 5 Years 10 Months | Current |
| Harshad Suresh Patil | Director | 25 Nov 2021 | 4 Years 11 Months | Current |
| Alka Suresh Patil | Director | 25 Nov 2021 | 4 Years 11 Months | Current |
| Suresh Ramdas Patil | Director | 11 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
Itnovate Consultancy Services Private Limited is compared with the 4 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Plan Care Technologies Private Limited | ₹10.46 Lakh (FY 2025) | -49.0% | New Delhi, Delhi, India | |||
| Wisdom Hiring Private Limited | ₹10.45 Lakh (FY 2025) | 546.0% | Bangalore, Karnataka, India | |||
| Itnovate Consultancy Services Private Limitedthis company | ₹10.45 Lakh (FY 2024) | ₹78,520 | 7.5% | 292.0% | Mumbai, Maharashtra, India | |
| Avan Tech Innovation Private Limited | ₹10.44 Lakh (FY 2025) | -2.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Radiant Code & Connect Private Limited | ₹10.44 Lakh (FY 2025) | Ahmedabad, Gujarat, India |
To see the full peer comparison of Itnovate Consultancy Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Itnovate Consultancy Services 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 Itnovate Consultancy Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Itnovate Consultancy Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Itnovate Consultancy Services Private Limited has 5 board changes on record since 2020: 4 appointments and 1 cessation. The latest: Shashank Suresh Pradhan ceased to be Director on 30 Sep 2023.
AGM
Itnovate Consultancy Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Itnovate Consultancy Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Shashank Suresh Pradhan ceased to be Director.
Appointed
Alka Suresh Patil was appointed as Director.
Appointed
Harshad Suresh Patil was appointed as Director.
Appointed
Madhuri Vilas Jadhav was appointed as Director.
Appointed
Suresh Ramdas Patil was appointed as Director.
Incorporation
11 Dec 2020
Itnovate Consultancy Services Private Limited was registered on 11 Dec 2020 with Roc Mumbai I & aged 5 years 10 months as per MCA records.
Frequently asked questions
Itnovate Consultancy Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in software publishing, within the software industry. It was incorporated on 11 December 2020 (6+ years old) and is registered under CIN U72200MH2020PTC351706.
Itnovate Consultancy Services has 4 current directors:
- Madhuri Vilas Jadhav - Director
- Harshad Suresh Patil - Director
- Alka Suresh Patil - Director
- Suresh Ramdas Patil - Director
The latest financial statements of Itnovate Consultancy Services 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 2021 are in the company report.
The CIN (Corporate Identification Number) of Itnovate Consultancy Services is U72200MH2020PTC351706. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Itnovate Consultancy Services was incorporated on 11 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Itnovate Consultancy Services by revenue are Plan Care Technologies Private Limited, Wisdom Hiring Private Limited, Avan Tech Innovation Private Limited, Radiant Code & Connect Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).
Shashank Suresh Pradhan ceased to be Director on 30 Sep 2023. Alka Suresh Patil was appointed as Director on 25 Nov 2021. Harshad Suresh Patil was appointed as Director on 25 Nov 2021. Itnovate Consultancy Services has 5 board changes on record in total.
Yes, Itnovate Consultancy Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Itnovate Consultancy Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0078337).
The registered office of Itnovate Consultancy Services is at F – No 801 Chandravilla Building Cts No810 A2 V. B. Phadke Marg Mulund East, Mumbai, Maharashtra, India – 400081.
Itnovate Consultancy Services operates in the software industry, in the software publishing segment.
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