Innovations Workspace Solutions Private Limited

Innovations Workspace Solutions Private Limited - travel and hospitality in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U74999DL2017PTC325411 Incorporated 30 October 2017 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company travel and hospitality Startup India MSME · Medium
Data last updated
Revenue · FY 2024
₹48 Cr
▼ 19% YoY
Net profit · FY 2024
₹2.09 Cr
Net margin 4.4%
EBITDA · FY 2024
₹3.46 Cr
EBITDA margin 7.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹12.5 Cr
Satisfied ₹2.75 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
21
Provident fund records

About Innovations Workspace Solutions Private Limited

Data last updated:

Innovations Workspace Solutions Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 30 October 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2017PTC325411. Its GSTIN is 07AAECI6687E1ZB (Delhi). The company holds 14 GST registrations, of which 13 are active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Surabhi Jindal and Pyare Lal Jindal.

Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No. 17 G/F Pkt B Sarita Vihar, New Delhi, Delhi, India – 110076.

As per the financials filed for FY 2024, the company reported a revenue of ₹48 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹2.09 Cr (net margin 4.4%) and EBITDA of ₹3.46 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 71% over five years.

The company has about 21 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Innovations Workspace. As per MCA filings, the company has open charges of ₹12.5 Cr and satisfied charges of ₹2.75 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.

Innovations Workspace Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-03-0005950). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovationsworkspace.com.

Company details

CIN U74999DL2017PTC325411
Registration Number 325411
Incorporation Date 30 October 2017
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-HR-03-0005950
Key People
Surabhi Jindal Director Pyare Lal Jindal Director Ashish Jindal Director

Recognitions & Rankings of Innovations Workspace Solutions

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-HR-03-0005950

Contact details

Innovations Workspace Solutions Private Limited's registered office is in New Delhi, Delhi. Its website is innovationsworkspace.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    innovationsworkspace.com
  • Social Media
  • Registered Address
    Shop No. 17 G/F Pkt B Sarita Vihar, New Delhi, Delhi, India – 110076
  • Industry
    Travel and Hospitality, Consumer Professional Services

To see the full contact details of Innovations Workspace Solutions Private Limited, buy the company report.

Comprehensive company report
Innovations Workspace Solutions 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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Secure checkout · GST invoice included

Brands

Innovations Workspace Solutions operates one associated brand: Innovations Workspace. Each brand links to its own profile.

BrandDescriptionWebsite
Innovations Workspace
Interior design and fit-out services for corporate and specialty spaces in various sectors.innovationsworkspace.com

Business activity

The main business activity of Innovations Workspace Solutions is construction. In detail, this covers buildings.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF1Buildings

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

Financials of Innovations Workspace Solutions Private Limited

FY 2024 filings available

Innovations Workspace Solutions Private Limited reported revenue of ₹48 Cr (down 19% YoY) for FY 2024.

Revenue · FY 2024
₹48 Cr ▼ 19%
Net profit · FY 2024
₹2.09 Cr margin 4.4%
EBITDA · FY 2024
₹3.46 Cr margin 7.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 24%
5 years · compounded
▲ 71%
EBITDA CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 32%
5 years · compounded
▲ 95%

Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 71%. EBITDA fell 15% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹3.46 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.09 Cr
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin7.2%
Net Profit Margin4.4%
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 Innovations Workspace Solutions Private Limited, buy the company report.

Board of directors of Innovations Workspace Solutions Private Limited

Innovations Workspace Solutions has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Surabhi JindalDirector30 Oct 20179 Years 0 MonthsCurrent
Pyare Lal JindalDirector30 Oct 20179 Years 0 MonthsCurrent
Ashish Jindal
Also directs: Spa Realtors LLP, Innovations Space Designers Private Limited
Director08 Dec 20187 Years 11 MonthsCurrent
View all directors

Auditor

Innovations Workspace Solutions Private Limited is audited by KUMAR SANJAY AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
KUMAR SANJAY AND ASSOCIATESFY 2023087095

Shareholding

The shareholding of Innovations Workspace Solutions 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 categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Innovations Workspace Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹12.5 Cr
Satisfied charges
₹2.75 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹12.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Jul 2022100776154Hdfc Bank Limited₹12.5 CrOpen
26 Nov 2020100392567Axis Bank Limited₹2.75 CrSatisfied

To see the full charge records of Innovations Workspace Solutions Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Innovations Workspace Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Innovations Workspace Solutions Private Limited has a workforce of 21 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
21
Active EPFO establishments
1
Employee growth
425%

GST

Innovations Workspace Solutions has 14 GST registrations: 13 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
14
Active
13
Cancelled / inactive
1
GSTINStateStatusRegistered on
07AAECI6687E1ZBDelhiActive16 Jan 2019
06AAECI6687E1ZDHaryanaActive28 Dec 2018
23AAECI6687E1ZHMadhya PradeshActive12 Feb 2019
19AAECI6687E1Z6West BengalActive19 Feb 2019

To see the full GST registrations and return filing status of Innovations Workspace Solutions Private Limited, buy the company report.

Recent activity

Innovations Workspace Solutions Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Ashish Jindal was appointed as Director on 08 Dec 2018.

Charges
A charge with Hdfc Bank Limited of Rs. 1,250.00 Lakh registered on 11 Jul 2022 with Charge ID 100776154 was modified on 05 Jun 2025.
AGM
Innovations Workspace Solutions Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.
Filing
Innovations Workspace Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge registered on 26 Nov 2020 via Charge ID 100392567 with Axis Bank Limited was fully satisfied on 17 Aug 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,250.00 Lakh with Charge ID 100776154 was registered on 11 Jul 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 275.00 Lakh with Charge ID 100392567 was registered on 26 Nov 2020.
Appointed
Ashish Jindal was appointed as Director.
Appointed
Pyare Lal Jindal was appointed as Director.
Appointed
Surabhi Jindal was appointed as Director.
Incorporation
30 Oct 2017
Innovations Workspace Solutions Private Limited was registered on 30 Oct 2017 with Roc Delhi & aged 9 years 11 days as per MCA records.

Frequently asked questions

Innovations Workspace Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 30 October 2017 (9+ years old) and is registered under CIN U74999DL2017PTC325411.

Innovations Workspace Solutions has 3 current directors:

The latest financial statements of Innovations Workspace Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2024. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Innovations Workspace Solutions is 07AAECI6687E1ZB, registered in Delhi. The company has 14 GST registrations in all, of which 13 are active and 1 is cancelled or inactive. Other active GSTINs include 06AAECI6687E1ZD (Haryana), 23AAECI6687E1ZH (Madhya Pradesh), 19AAECI6687E1Z6 (West Bengal).

The CIN (Corporate Identification Number) of Innovations Workspace Solutions is U74999DL2017PTC325411. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Innovations Workspace Solutions has 2 court cases on record: 2 filed against it. 1 is pending.

Innovations Workspace Solutions was incorporated on 30 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.

Ashish Jindal was appointed as Director on 08 Dec 2018. Pyare Lal Jindal was appointed as Director on 30 Oct 2017. Surabhi Jindal was appointed as Director on 30 Oct 2017.

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

Yes, Innovations Workspace Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-03-0005950).