MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0012959
NC Innovations Private Limited - chemicals and materials in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.28 Cr
▼ 29% YoY
Net profit · FY 2024
₹86.88 Lakh
Net margin 8.5%
EBITDA · FY 2024
₹1.43 Cr
EBITDA margin 13.9%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹18.06 Lakh
Issued & subscribed
Open charges
₹1.18 Cr
Secured borrowings
Company age
35 yrs
Est. 1991
Directors on board
4
As per MCA filings
About NC Innovations Private Limited
Data last updated:
NC Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 25 February 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1991PTC011709. Its GSTIN is 29AAACN4895R1ZF (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹18.06 Lakh. It is led by directors including Natarajan Channaiah Chetty (Managing Director) and Subashini Natarajan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Survey No 126 Ballur Cross Attibele Post, Bangalore, Karnataka, India – 562107.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.28 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹86.88 Lakh (net margin 8.5%) and EBITDA of ₹1.43 Cr (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹1.18 Cr on record.
NC Innovations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0012959). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website metgroup.co.in.
Company details
CIN U85110KA1991PTC011709
Registration Number 011709
Incorporation Date 25 February 1991
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0012959
CIN history
NC Innovations has one previous CIN (Corporate Identification Number): U00241KA1991PTC011709. The current CIN is U85110KA1991PTC011709, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1991PTC011709 | Current |
| U00241KA1991PTC011709 | Previous |
Key People
Natarajan Channaiah Chetty Managing Director Subashini Natarajan Whole-Time Director Gowrish Natarajan Director Recognitions & Rankings of NC Innovations
Contact details
NC Innovations Private Limited's registered office is in Bangalore, Karnataka. Its website is metgroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No 126 Ballur Cross Attibele Post, Bangalore, Karnataka, India – 562107
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of NC Innovations Private Limited, buy the company report.
Comprehensive company report
NC Innovations 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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Business activity
The main business activity of NC Innovations is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of NC Innovations Private Limited, buy the company report.
Financials of NC Innovations Private Limited
FY 2024 filings availableNC Innovations Private Limited reported revenue of ₹10.28 Cr (down 29% YoY) for FY 2024.
Revenue · FY 2024
₹10.28 Cr ▼ 29%
Net profit · FY 2024
₹86.88 Lakh margin 8.5%
EBITDA · FY 2024
₹1.43 Cr margin 13.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 29%
3 years · compounded
▲ 34%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 40%
3 years · compounded
▲ 37%
5 years · compounded
▲ 30%
Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 40% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹86.88 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.9% | ||||
| Net Profit Margin | 8.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of NC Innovations Private Limited, buy the company report.
Board of directors of NC Innovations Private Limited
NC Innovations has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gowrish Natarajan | Director | 31 Mar 2015 | 11 Years 7 Months | Current |
| Natarajan Channaiah Chetty | Managing Director | 25 Feb 1991 | 35 Years 8 Months | Current |
| Subashini Natarajan | Whole-Time Director | 25 Feb 1991 | 35 Years 8 Months | Current |
| Suresh Natarajan | Director | 31 Mar 2015 | 11 Years 7 Months | Current |
Auditor
NC Innovations Private Limited is audited by SWAMY ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SWAMY ASSOCIATES | FY 2021 | 004320S |
Shareholding
The shareholding of NC Innovations Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of NC Innovations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.18 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Nov 2017 | 100140336 | Syndicate Bank | ₹13.38 Lakh | Open | |
| 01 Dec 2007 | 10080390 | Syndicate Bank | ₹90 Lakh | Open | |
| 16 Nov 1998 | 80040335 | Syndicate Bank | ₹15 Lakh | Open |
To see the full charge records of NC Innovations Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving NC Innovations Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for NC Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
NC Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACN4895R1ZF | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of NC Innovations Private Limited, buy the company report.
Recent activity
NC Innovations Private Limited has 6 board changes on record since 1991: 4 appointments and 2 cessations. The latest: Gowrish Natarajan ceased to be Additional Director on 28 Sep 2015.
AGM
Nc Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nc Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Syndicate Bank amounted to Rs. 13.38 Lakh with Charge ID 100140336 was registered on 18 Nov 2017.
Charges
A charge with Syndicate Bank of Rs. 90.00 Lakh registered on 01 Dec 2007 with Charge ID 10080390 was modified on 10 Jan 2017.
Ceased
Gowrish Natarajan ceased to be Additional Director.
Ceased
Suresh Natarajan ceased to be Additional Director.
Appointed
Gowrish Natarajan was appointed as Director.
Appointed
Suresh Natarajan was appointed as Director.
Charges
A charge with Syndicate Bank amounted to Rs. 90.00 Lakh with Charge ID 10080390 was registered on 01 Dec 2007.
Charges
A charge with Syndicate Bank amounted to Rs. 15.00 Lakh with Charge ID 80040335 was registered on 16 Nov 1998.
Appointed
Natarajan Channaiah Chetty was appointed as Managing Director.
Appointed
Subashini Natarajan was appointed as Whole-Time Director.
1 earlier event is in the company report.
Frequently asked questions
NC Innovations is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 25 February 1991 (35+ years old) and is registered under CIN U85110KA1991PTC011709.
NC Innovations has 4 current directors:
- Natarajan Channaiah Chetty - Managing Director
- Subashini Natarajan - Whole-Time Director
- Gowrish Natarajan - Director
- Suresh Natarajan - Director
The latest financial statements of NC Innovations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of NC Innovations is 29AAACN4895R1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of NC Innovations is U85110KA1991PTC011709. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
NC Innovations was incorporated on 25 February 1991, making it 35+ years old. It is registered with the Registrar of Companies, Bangalore.
Gowrish Natarajan ceased to be Additional Director on 28 Sep 2015. Suresh Natarajan ceased to be Additional Director on 28 Sep 2015. Gowrish Natarajan was appointed as Director on 31 Mar 2015. NC Innovations has 6 board changes on record in total.
Yes, NC Innovations is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0012959).
NC Innovations can be reached through the website metgroup.co.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of NC Innovations is at Survey No 126 Ballur Cross Attibele Post, Bangalore, Karnataka, India – 562107.
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