- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-05-0006929

About Innovative Facility Solutions Private Limited
Data last updated:
Innovative Facility Solutions Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the facility management segment of the business services sector. It was incorporated on 07 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2013PTC251724. Its GSTIN is 07AADCI3894C1ZL (Delhi). The company holds 2 GST registrations, all of them 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 Nipun Mahajan and Vivek Vahie.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mb – 10 Naurang House 21 Kasturba Ghandhi Marg, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.24 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹80.92 Lakh (net margin 3.8%) and EBITDA of ₹2.13 Cr (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 1% over five years.
The company has about 408 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.04 Cr and satisfied charges of ₹2.96 Cr on record. Court records list 16 cases involving the company, including 12 filed by the company and 4 filed against it; 3 cases are pending.
Innovative Facility Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0006929). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovativefacility.com.
Recognitions & Rankings of Innovative Facility Solutions
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressMb – 10 Naurang House 21 Kasturba Ghandhi Marg, New Delhi, Delhi, India – 110001
- IndustryBusiness Services, Facility Management
- 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 Innovative Facility Solutions Private Limited
The main business activity of Innovative Facility Solutions is administrative and support service activities. In detail, this covers rental and leasing activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Administrative and support service activities | 77 | Rental and leasing 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 Innovative Facility Solutions Private Limited FY 2024 filings available
Innovative Facility Solutions Private Limited reported revenue of ₹21.24 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Innovative Facility Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 14% growth in the latest year. EBITDA rose 77% 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 Innovative Facility 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 | ₹2.13 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹80.92 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 Innovative Facility Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.8% | •••• | •••• | •••• | •••• |
| 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 Innovative Facility Solutions are in the company report.
Financial statements from 2015
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.
Board of Directors of Innovative Facility Solutions Private Limited
Innovative Facility Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nipun Mahajan | Director | 14 Sep 2016 | 10 Years 1 Months | Current |
| Vivek Vahie Also directs: Blitz Management Solutions Private Limited, Quattro Infotech Private Limited, Mont Blanc Ventures Private Limited and 1 more | Director | 13 Jun 2023 | 3 Years 4 Months | Current |
| Karan Bedi Also directs: Blitz Management Solutions Private Limited, Quattro Magic Solutions LLP, Aq Estates LLP and 5 more | Director | 07 May 2013 | 13 Years 5 Months | Current |
Peer Comparison of Innovative Facility Solutions Private Limited
Innovative Facility Solutions Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aleron Shared Resources India Private Limited | ₹21.29 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Chennai, Tamil Nadu, India |
| Imperium CNG Services Private Limited | ₹21.27 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Delhi, India |
| Adhana Enterprises Private Limited | ₹21.26 Cr (FY 2024) | •••• | •••• | 523.0% | •••• | Gurgaon, Haryana, India |
| Shree Shakti Utilities Private Limited | ₹21.26 Cr (FY 2025) | •••• | •••• | 234.0% | •••• | Kolkata, West Bengal, India |
| Kou - Chan Knowledge Convergence Private Limited | ₹21.24 Cr (FY 2024) | •••• | •••• | 57.0% | •••• | Bangalore, Karnataka, India |
| Innovative Facility Solutions Private Limited this company | ₹21.24 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| Classic Labour Advisory Services Private Limited | ₹21.23 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Lokhandwala Andheri West Mumbai, Maharashtra, India |
| Tomini Shipping Private Limited | ₹21.2 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| People in Business (India) Private Limited | ₹21.14 Cr (FY 2024) | •••• | •••• | 49.0% | •••• | Bangalore, Karnataka, India |
| Pit Shop Private Limited | ₹21.08 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Hyderabad, Telangana, India |
| Susheel Manpower Services Private Limited | ₹21.06 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Innovative Facility Solutions by revenue in the Outsourcing industry (HR Outsourcing), 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 Innovative Facility Solutions Private Limited
Innovative Facility Solutions Private Limited is audited by VINODK.AGARWAL& CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VINODK.AGARWAL& 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.
Ownership and Shareholding of Innovative Facility 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 Innovative Facility Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Sep 2023 | Axis Bank Limited | ₹30 Lakh | Open |
| 29 Aug 2023 | Others | ₹74 Lakh | Open |
| 01 Nov 2017 | Others | ₹2.96 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Innovative Facility Solutions Private Limited
Innovative Facility Solutions Private Limited has 16 court cases on record: 12 filed by Innovative Facility Solutions, 4 filed against it. 3 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 2 |
| High courts | 4 | 1 | 0 |
| NCLT | 4 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLAT | 1 | 0 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Affordable Infrastructure & Housing Projects Pvt. Ltd | Pending |
| High Court of Delhi | Arbitration matter | Filed by the company against M/S Affordable Infrastructure and Housing Projects Pvt Ltd | Disposed |
| District court, Gurugram, Haryana | Arbitration matter | Filed by the company against Censhare India Private Limited | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed by the company against M/S Affordable Infrastructure and Housing Projects Pvt Ltd & Anr. | Disposed |
| High Court, HARYANA | Arbitration matter | Filed against the company by M/S Censhare India Pvt. Ltd. | Disposed |
Full case history
All 16 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Innovative Facility Solutions Private Limited
Innovative Facility Solutions Private Limited has 3 MSME Form 1 returns on record between 2019 and 2021, listing 73 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Saraya Mystair Hygiene Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Citialert Security Private Limited | •••• | •••• | •••• |
| Super Angel Securitas Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Innovative Facility Solutions Private Limited
Innovative Facility Solutions Private Limited has a workforce of 408 employees as of Apr 07, 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 Innovative Facility Solutions Private Limited
Innovative Facility Solutions Private Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Vivek Vahie ceased to be Additional Director on 28 Sep 2023.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Innovative Facility 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.
Subsidiaries & Group Companies of Innovative Facility 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 Innovative Facility Solutions Private Limited
Innovative Facility Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCI3894C1ZL | Delhi | Active | 01 Jul 2017 |
| 06AADCI3894C1ZN | Haryana | Active | 03 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 Innovative Facility 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 Innovative Facility Solutions Private Limited
Innovative Facility Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in facility management, within the business services industry. It was incorporated on 07 May 2013 (13+ years old) and is registered under CIN U74900DL2013PTC251724.
Innovative Facility Solutions reported revenue of ₹21.24 Cr for FY 2024 (up 14% YoY).
Innovative Facility Solutions has 3 current directors:
- Nipun Mahajan - Director
- Vivek Vahie - Director
- Karan Bedi - Director
Innovative Facility Solutions reported a net profit of ₹80.92 Lakh (net margin 3.8%) and EBITDA of ₹2.13 Cr (EBITDA margin 10%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Innovative Facility Solutions is 12% over three years and 1% over five years. In the latest year (FY 2024) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Innovative Facility Solutions is 07AADCI3894C1ZL, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AADCI3894C1ZN (Haryana).
The CIN (Corporate Identification Number) of Innovative Facility Solutions is U74900DL2013PTC251724. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Facility Solutions has 16 court cases on record: 12 filed by the company and 4 filed against it. 3 are pending. Most are in the district courts.
Innovative Facility Solutions was incorporated on 07 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Innovative Facility Solutions by revenue are Aleron Shared Resources India Private Limited, Imperium CNG Services Private Limited, Adhana Enterprises Private Limited, Shree Shakti Utilities Private Limited, Kou - Chan Knowledge Convergence Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Vivek Vahie ceased to be Additional Director on 28 Sep 2023. Vivek Vahie was appointed as Director on 13 Jun 2023. Aditya Bedi ceased to be Director on 20 Mar 2017. Innovative Facility Solutions has 5 board changes on record in total.
Yes, Innovative Facility Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-HR-05-0006929).