Motify Innovations Private Limited

Motify Innovations Private Limited - information technology in Thrissur, Kerala, India. Directors, charges & compliance details.
CIN U74999KL2020PTC062685 Incorporated 03 July 2020 ROC Ernakulam HQ Thrissur, Kerala, India
Active Private Limited Company information technology DPIIT Startup
Data last updated
Revenue · FY 2022
₹1.3 Lakh
▼ 59% YoY
Net loss · FY 2022
₹1.2 Lakh
Net margin -92.4%
EBITDA · FY 2022
-₹1.16 Lakh
EBITDA margin -89.4%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Last financials
Mar 2022
Balance sheet date

About Motify Innovations Private Limited

Data last updated:

Motify Innovations Private Limited is a private limited company based in Thrissur, Kerala, 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 03 July 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74999KL2020PTC062685.

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10,000. It is led by directors Joe S Kolengaden (Managing Director) and Shajan Jose Kolengaden.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 8/414 H Kolangattukara Choolossery P.O, Thrissur, Kerala, India – 680541.

As per the financials filed for FY 2022, the company reported a revenue of ₹1.3 Lakh, a decline of 59% compared to the previous year. For the same year it recorded a net loss of ₹1.2 Lakh (net margin -92.4%) and EBITDA of -₹1.16 Lakh (EBITDA margin -89.4%).

For more details, the company can be reached via its website motify.in.

Company details

CIN U74999KL2020PTC062685
Registration Number 062685
Incorporation Date 03 July 2020
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Motify Innovations

DPIIT recognised startup Government of India
Startup India

Contact details

Motify Innovations Private Limited's registered office is in Thrissur, Kerala.

  • Social Media
  • Registered Address
    8/414 H Kolangattukara Choolossery P.O, Thrissur, Kerala, India – 680541
  • Industry
    Information Technology, Application Development & Software Solutions
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Motify Innovations Private Limited - one report that includes everything
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Business activity

The main business activity of Motify Innovations is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Motify Innovations Private Limited, buy the company report.

Financials of Motify Innovations Private Limited

FY 2022 filings available

Motify Innovations Private Limited reported revenue of ₹1.3 Lakh (down 59% YoY) for FY 2022.

Revenue · FY 2022
₹1.3 Lakh ▼ 59%
Net loss · FY 2022
₹1.2 Lakh margin -92.4%
EBITDA · FY 2022
-₹1.16 Lakh margin -89.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 59%
EBITDA CAGR growth
1 year
▼ 251%

Revenue fell 59% in the latest year. EBITDA fell 251% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2021-22FY 2020-21
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-₹1.16 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.2 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

MetricsFY 2021-22FY 2020-21
Profitability
EBITDA Margin-89.4%
Net Profit Margin-92.4%
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

To see the full financial statements and ratios of Motify Innovations Private Limited, buy the company report.

Board of directors of Motify Innovations Private Limited

Motify Innovations has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Joe S KolengadenManaging Director10 Dec 20214 Years 11 MonthsCurrent
Shajan Jose KolengadenAdditional Director20 Sep 20233 Years 1 MonthsCurrent

Peer comparison

Motify Innovations Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Prossimo Technologies Private Limited₹1.3 Lakh (FY 2020)Pune, Maharashtra, India
Pdca Solutions Private Limited₹1.3 Lakh (FY 2023)Chennai, Tamil Nadu, India
Peas and Pods Techsol Private Limited₹1.3 Lakh (FY 2025)-92.0%Lucknow, Uttar Pradesh, India
Shereal Couture Private Limited₹1.3 Lakh (FY 2024)Noida, Uttar Pradesh, India
Motify Innovations Private Limitedthis company₹1.3 Lakh (FY 2022)-₹1.2 Lakh-92.4%-59.0%Thrissur, Kerala, India
Asaso Tech Private Limited₹1.3 Lakh (FY 2022)3845.0%Jaipur, Rajasthan, India
Cyan Trading and Exports Private Limited₹1.29 Lakh (FY 2024)-96.0%Kakkanad, Kerala, India
Four Crescendos Engineering Private Limited₹1.29 Lakh (FY 2022)10.0%Chennai, Tamil Nadu, India

To see the full peer comparison of Motify Innovations Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Motify Innovations 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 Motify Innovations Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Motify Innovations Private Limited has 8 board changes on record since 2020: 5 appointments and 3 cessations. The latest: Mohamed Sahin Abdulla ceased to be Additional Director on 21 Sep 2023.

Ceased
Mohamed Sahin Abdulla ceased to be Additional Director.
Appointed
Shajan Jose Kolengaden was appointed as Additional Director.
AGM
Motify Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Ceased
Nagil Narendran ceased to be Director.
Filing
Motify Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ernakulam.
Ceased
Padinjarote Prathapan Vyshak ceased to be Director.
Appointed
Joe S Kolengaden was appointed as Managing Director.
Appointed
Mohamed Sahin Abdulla was appointed as Additional Director.
Appointed
Nagil Narendran was appointed as Director.
Appointed
Padinjarote Prathapan Vyshak was appointed as Director.
Incorporation
03 Jul 2020
Motify Innovations Private Limited was registered on 03 Jul 2020 with Roc Ernakulam & aged 6 years 4 months as per MCA records.

Frequently asked questions

Motify Innovations is an active private limited company based in Thrissur, Kerala, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 03 July 2020 (6+ years old) and is registered under CIN U74999KL2020PTC062685.

Motify Innovations has 2 current directors:

The latest financial statements of Motify Innovations on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2021 are in the company report.

The CIN (Corporate Identification Number) of Motify Innovations is U74999KL2020PTC062685. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Motify Innovations was incorporated on 03 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ernakulam.

The peers of Motify Innovations by revenue are Prossimo Technologies Private Limited, Pdca Solutions Private Limited, Peas and Pods Techsol Private Limited, Shereal Couture Private Limited, Asaso Tech Private Limited and 2 more, all in the same principal business activity (other professional, scientific and technical activities).

Mohamed Sahin Abdulla ceased to be Additional Director on 21 Sep 2023. Shajan Jose Kolengaden was appointed as Additional Director on 20 Sep 2023. Nagil Narendran ceased to be Director on 01 May 2022. Motify Innovations has 8 board changes on record in total.

Yes, Motify Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Motify Innovations can be reached through the website motify.in. Its registered office is in Thrissur, Kerala, India.

The registered office of Motify Innovations is at 8414 H Kolangattukara Choolossery P.O, Thrissur, Kerala, India – 680541.

Motify Innovations operates in the information technology industry, in the application development and software solutions segment.