About Innovazion Research Private Limited
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Innovazion Research Private Limited is a private limited company based in Ghaziabad, Uttar Pradesh, India. It operates in the SAAS (software as a service) providers segment of the technology and IT services sector. It was incorporated on 16 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U93030UP2011PTC047956. Its GSTIN is 09AACCI7915D2ZL (Uttar Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Tamanna Rani and Vinod Kumar Gagneja.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at K – E – 32 Kavi Nagar, Ghaziabad, Uttar Pradesh, India – 201002.
As per the financials filed for FY 2020, the company reported a revenue of ₹28.83 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹10.58 Lakh (net margin -36.7%) and EBITDA of -₹4.99 Lakh (EBITDA margin -17.3%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 61% over five years.
As per MCA filings, the company has open charges of ₹45 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovazionresearch.com.
Company details
Contact details
Innovazion Research Private Limited's registered office is in Ghaziabad, Uttar Pradesh. Its website is innovazionresearch.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressK – E – 32 Kavi Nagar, Ghaziabad, Uttar Pradesh, India – 201002
- IndustryInformation Technology, SaaS (Software as a Service) Providers
To see the full contact details of Innovazion Research Private Limited, buy the company report.
- 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
Business activity
The main business activity of Innovazion Research is professional, scientific and technical. In detail, this covers advertising and market research.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research |
To see the full business activity and turnover split of Innovazion Research Private Limited, buy the company report.
Financials of Innovazion Research Private Limited
FY 2020 filings availableInnovazion Research Private Limited reported revenue of ₹28.83 Lakh (down 75% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 75% fall in the latest year. EBITDA fell 139% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹28.83 Lakh | ||||
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| Total Expenses | |||||
| EBITDA | -₹4.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.58 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -17.3% | ||||
| Net Profit Margin | -36.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Innovazion Research Private Limited, buy the company report.
Board of directors of Innovazion Research Private Limited
Innovazion Research has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tamanna Rani Also directs: Two Plus Apple Private Limited | Director | 11 Sep 2020 | 6 Years 1 Months | Current |
| Vinod Kumar Gagneja | Director | 08 Apr 2016 | 10 Years 6 Months | Current |
Auditor
Innovazion Research Private Limited is audited by MANOJ RADHEY SHYAM & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ RADHEY SHYAM & CO | FY 2020 | 010094C |
Shareholding
The shareholding of Innovazion Research Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Innovazion Research Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jun 2016 | 100040266 | Syndicate Bank | ₹45 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Innovazion Research Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by York Exports Ltd | Disposed |
To see the full case history of Innovazion Research 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
No delayed payments to MSME suppliers are on our record for Innovazion Research Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innovazion Research Private Limited has 1 active EPFO establishment as of Apr 01, 2024.
GST
Innovazion Research has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCI7915D2ZL | Uttar Pradesh | Active | 21 Jul 2017 |
To see the full GST registrations and return filing status of Innovazion Research Private Limited, buy the company report.
Recent activity
Innovazion Research Private Limited has 8 board changes on record since 2015: 2 appointments and 6 cessations. The latest: Tamanna Rani ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
Innovazion Research is an active private limited company based in Ghaziabad, Uttar Pradesh, India. The company works in saas (software as a service) providers, within the information technology industry. It was incorporated on 16 December 2011 (15+ years old) and is registered under CIN U93030UP2011PTC047956.
Innovazion Research has 2 current directors:
- Tamanna Rani - Director
- Vinod Kumar Gagneja - Director
The latest financial statements of Innovazion Research on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Innovazion Research is 09AACCI7915D2ZL, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Innovazion Research is U93030UP2011PTC047956. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovazion Research has 1 court case on record: 1 filed against it.
Innovazion Research was incorporated on 16 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Tamanna Rani ceased to be Additional Director on 31 Dec 2020. Vinod Kumar Gagneja ceased to be Additional Director on 31 Dec 2020. Rishi Gagneja ceased to be Director on 11 Sep 2020. Innovazion Research has 8 board changes on record in total.
Innovazion Research can be reached through the website innovazionresearch.com. Its registered office is in Ghaziabad, Uttar Pradesh, India.
The registered office of Innovazion Research is at K – E – 32 Kavi Nagar, Ghaziabad, Uttar Pradesh, India – 201002.