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Innovative Codes (I) Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹13.59 Cr
▲ 30% YoY
Net profit · FY 2025
₹47.93 Lakh
Net margin 3.5%
EBITDA · FY 2025
₹65.78 Lakh
EBITDA margin 4.8%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹2 Cr
Satisfied ₹1 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
45
Provident fund records
About Innovative Codes (I) Private Limited
Data last updated:
Innovative Codes (I) Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Control Print Limited and recognised as a startup by DPIIT. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 10 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29309TN2020PTC139343. Its GSTIN is 33AAFCI8947N1ZX (Tamil Nadu).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Umamaheswaran and Shiva Basant Kabra.
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 Hall No.4 & 5 New No.21 Old No.12 Nungambakkam High Road Nungambakkam, Chennai, Tamil Nadu, India – 600034.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.59 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹47.93 Lakh (net margin 3.5%) and EBITDA of ₹65.78 Lakh (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 68% over three years.
The company has about 45 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Innovative Codes. As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹1 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in August 2021. The company has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 31 overdue payments to 6 micro and small suppliers.
Innovative Codes (I) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0025030). For more details, the company can be reached via its website icipl.co.
Company details
CIN U29309TN2020PTC139343
Registration Number 139343
Incorporation Date 10 November 2020
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Control Print Limited
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-TN-02-0025030
Key People
Shiva Basant Kabra Nominee Director Jaideep Arun Barve Nominee Director Umamaheswaran Director Recognitions & Rankings of Innovative Codes (I)
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0025030
Contact details
Innovative Codes (I) Private Limited's registered office is in Chennai, Tamil Nadu. Its website is icipl.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHall No.4 & 5 New No.21 Old No.12 Nungambakkam High Road Nungambakkam, Chennai, Tamil Nadu, India – 600034
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Innovative Codes (I) Private Limited, buy the company report.
Comprehensive company report
Innovative Codes (I) 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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Brands
Innovative Codes (I) operates one associated brand: Innovative Codes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Inkjet printer inks, spares, accessories, and consumables are manufactured. | icipl.co |
Business activity
The main business activity of Innovative Codes (I) is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Innovative Codes (I) Private Limited, buy the company report.
Financials of Innovative Codes (I) Private Limited
FY 2025 filings availableInnovative Codes (I) Private Limited reported revenue of ₹13.59 Cr (up 30% YoY) for FY 2025.
Revenue · FY 2025
₹13.59 Cr ▲ 30%
Net profit · FY 2025
₹47.93 Lakh margin 3.5%
EBITDA · FY 2025
₹65.78 Lakh margin 4.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 68%
EBITDA CAGR growth
1 year
▲ 89%
3 years · compounded
▲ 41%
Revenue has grown at a compounded annual rate (CAGR) of 68% over three years, including 30% growth in the latest year. EBITDA rose 89% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹65.78 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹47.93 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 3.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Innovative Codes (I) Private Limited, buy the company report.
Board of directors of Innovative Codes (I) Private Limited
Innovative Codes (I) has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shiva Basant Kabra Also directs: Control Print Limited, Liberty Chemicals Private Limited, Control Print Packaging Private Limited and 1 more | Nominee Director | 21 Jul 2021 | 5 Years 3 Months | Current |
| Jaideep Arun Barve Also directs: Control Print Packaging Private Limited | Nominee Director | 25 Jul 2022 | 4 Years 2 Months | Current |
| Umamaheswaran | Director | 10 Nov 2020 | 5 Years 11 Months | Current |
Auditor
Innovative Codes (I) Private Limited is audited by Venkatachalam S V & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Venkatachalam S V & Associates | FY 2022 | 022925S |
Shareholding
The shareholding of Innovative Codes (I) Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Innovative Codes (I) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2022 | 100576187 | Hdfc Bank Limited | ₹2 Cr | Open | |
| 11 Feb 2021 | 100427565 | Canara Bank | ₹1 Cr | Satisfied |
To see the full charge records of Innovative Codes (I) Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Innovative Codes (I) Private Limited has 1 deal on record (1 acquisition); the latest was in August 2021.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Acquisition | ₹1.6 Cr | Buyer: Control Print Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Innovative Codes (I) Private Limited has 1 court case on record: 1 filed by Innovative Codes (I). All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Revision petition | Filed by the company against M/S Domino Printech India LLP and Another | Pending |
To see the full case history of Innovative Codes (I) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Innovative Codes (I) Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 31 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hanuja Technologies Private Limited | |||
| an individual supplier | |||
| Cloud Scientific Solutions | |||
| Good & Prosper Technology | |||
| an individual supplier |
To see the full MSME payment records of Innovative Codes (I) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Innovative Codes (I) Private Limited has a workforce of 45 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
45
Active EPFO establishments
1
Employee growth
28.57%
GST
Innovative Codes (I) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCI8947N1ZX | Tamil Nadu | Active | 18 Dec 2020 |
To see the full GST registrations and return filing status of Innovative Codes (I) Private Limited, buy the company report.
Recent activity
Innovative Codes (I) Private Limited has 6 board changes on record since 2020: 3 appointments and 3 cessations. The latest: Jaideep Arun Barve was appointed as Nominee Director on 25 Jul 2022.
AGM
Innovative Codes (I) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innovative Codes (I) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Jaideep Arun Barve was appointed as Nominee Director.
Ceased
Rahul Khettry ceased to be Nominee Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100576187 was registered on 29 Apr 2022.
Charges
A charge registered on 11 Feb 2021 via Charge ID 100427565 with Canara Bank was fully satisfied on 13 Sep 2021.
Ceased
Shiva Basant Kabra ceased to be Additional Director.
Appointed
Shiva Basant Kabra was appointed as Nominee Director.
Ceased
Shyamala ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 1.00 Cr with Charge ID 100427565 was registered on 11 Feb 2021.
Appointed
Umamaheswaran was appointed as Director.
Incorporation
10 Nov 2020
Innovative Codes (I) Private Limited was registered on 10 Nov 2020 with Roc Chennai & aged 5 years 11 months as per MCA records.
Frequently asked questions
Innovative Codes (I) is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 10 November 2020 (6+ years old) and is registered under CIN U29309TN2020PTC139343.
Innovative Codes (I) has 3 current directors:
- Shiva Basant Kabra - Nominee Director
- Jaideep Arun Barve - Nominee Director
- Umamaheswaran - Director
The latest financial statements of Innovative Codes (I) 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 GSTIN of Innovative Codes (I) is 33AAFCI8947N1ZX, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Innovative Codes (I) is U29309TN2020PTC139343. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Codes (I) has 1 court case on record: 1 filed by the company. 1 is pending.
Innovative Codes (I) was incorporated on 10 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
Innovative Codes (I) has 1 deal on record (1 acquisition); the latest was in August 2021.
Jaideep Arun Barve was appointed as Nominee Director on 25 Jul 2022. Rahul Khettry ceased to be Nominee Director on 25 Jul 2022. Shiva Basant Kabra ceased to be Additional Director on 26 Jul 2021. Innovative Codes (I) has 6 board changes on record in total.
Yes, Innovative Codes (I) is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Innovative Codes (I) is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0025030).