Startup India Government of India
Oro Innovations Private Limited - information technology in Sanand, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.75 Cr
▼ 11% YoY
Net loss · FY 2025
₹12.12 Lakh
Net margin -4.4%
EBITDA · FY 2025
-₹4.24 Lakh
EBITDA margin -1.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹60,000
Issued & subscribed
Open charges
₹75 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
18
Provident fund records
About Oro Innovations Private Limited
Data last updated:
Oro Innovations Private Limited is a private limited company based in Sanand, Gujarat, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 29 May 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2020PTC113699. Its GSTIN is 24AADCO1633P1ZB (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹60,000. It is led by directors including Kartik Babulal Chavada and Umang Arvindbhai Shah.
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 Sanand, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.75 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹12.12 Lakh (net margin -4.4%) and EBITDA of -₹4.24 Lakh (EBITDA margin -1.5%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Oro Innovations. As per MCA filings, the company has open charges of ₹75 Lakh on record.
Oro Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0047286). For more details, the company can be reached via its website oroinnovations.com.
Company details
CIN U72900GJ2020PTC113699
Registration Number 113699
Incorporation Date 29 May 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0047286
Key People
Kartik Babulal Chavada Director Umang Arvindbhai Shah Director Kailas Subhash Patil Director Recognitions & Rankings of Oro Innovations
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0047286
Contact details
Oro Innovations Private Limited's registered office is in Sanand, Gujarat. Its website is oroinnovations.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 1211 Swati Trinity Applewoods Township, Sardar Patel Ring Road Near Shantipura Circle, Sanand, Gujarat, India – 380058
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Oro Innovations Private Limited, buy the company report.
Comprehensive company report
Oro 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Oro Innovations operates one associated brand: Oro Innovations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Product design, innovation, and manufacturing services are provided by Oro Innovations. | oroinnovations.com |
Business activity
The main business activity of Oro Innovations is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Oro Innovations Private Limited, buy the company report.
Financials of Oro Innovations Private Limited
FY 2025 filings availableOro Innovations Private Limited reported revenue of ₹2.75 Cr (down 11% YoY) for FY 2025.
Revenue · FY 2025
₹2.75 Cr ▼ 11%
Net loss · FY 2025
₹12.12 Lakh margin -4.4%
EBITDA · FY 2025
-₹4.24 Lakh margin -1.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▼ 165%
3 years · compounded
▲ 29%
Revenue fell 11% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA fell 165% 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 |
|---|---|---|---|---|---|
| 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 | -₹4.24 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.12 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.5% | ||||
| Net Profit Margin | -4.4% | ||||
| 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 Oro Innovations Private Limited, buy the company report.
Board of directors of Oro Innovations Private Limited
Oro Innovations has 6 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 |
|---|---|---|---|---|
| Kartik Babulal Chavada | Director | 04 Sep 2021 | 5 Years 1 Months | Current |
| Umang Arvindbhai Shah | Director | 04 Sep 2021 | 5 Years 1 Months | Current |
| Kailas Subhash Patil | Director | 04 Sep 2021 | 5 Years 1 Months | Current |
| Khushboo Umang Shah | Director | 29 May 2020 | 6 Years 5 Months | Current |
| Akshata Kailas Patil | Director | 29 May 2020 | 6 Years 5 Months | Current |
| Neema Kartik Chavada Also directs: Axes Innovative Works LLP | Director | 29 May 2020 | 6 Years 5 Months | Current |
Peer comparison
Oro Innovations Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Code4bots Technologies Private Limited | ₹2.75 Cr (FY 2025) | 456.0% | Kanpur, Uttar Pradesh, India | |||
| Techiosoft Systems Private Limited | ₹2.75 Cr (FY 2025) | 1539.0% | New Delhi, Delhi, India | |||
| Mcci Interconnect Solutions Private Limited | ₹2.75 Cr (FY 2025) | 0.0% | Chennai, Tamil Nadu, India | |||
| Webomindapps Private Limited | ₹2.75 Cr (FY 2025) | 51.0% | Bangalore, Karnataka, India | |||
| Oro Innovations Private Limitedthis company | ₹2.75 Cr (FY 2025) | -₹12.12 Lakh | -4.4% | -11.0% | Sanand, Gujarat, India | |
| Julius66 Software India Private Limited | ₹2.74 Cr (FY 2024) | 7.0% | Hyderabad, Telangana, India | |||
| Redshore Technologies Private Limited | ₹2.74 Cr (FY 2019) | 1.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Oro Innovations Private Limited, buy the company report.
Auditor
Oro Innovations Private Limited is audited by Komal Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Komal Shah & Co. | FY 2023 | 134029W |
Shareholding
The shareholding of Oro Innovations Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Oro Innovations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹75 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Oct 2024 | 101006742 | Others | ₹75 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Oro 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 Oro Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Oro Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCO1633P1ZB | Gujarat | Active | 17 Jul 2020 |
To see the full GST registrations and return filing status of Oro Innovations Private Limited, buy the company report.
Recent activity
Oro Innovations Private Limited has 9 board changes on record since 2020: 6 appointments and 3 cessations. The latest: Kailas Subhash Patil ceased to be Additional Director on 30 Dec 2021.
AGM
Oro Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Oro Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 75.00 Lakh with Charge ID 101006742 was registered on 26 Oct 2024.
Ceased
Kailas Subhash Patil ceased to be Additional Director.
Ceased
Kartik Babulal Chavada ceased to be Additional Director.
Ceased
Umang Arvindbhai Shah ceased to be Additional Director.
Appointed
Kailas Subhash Patil was appointed as Director.
Appointed
Kartik Babulal Chavada was appointed as Director.
Appointed
Umang Arvindbhai Shah was appointed as Director.
Appointed
Akshata Kailas Patil was appointed as Director.
Appointed
Khushboo Umang Shah was appointed as Director.
Appointed
Neema Kartik Chavada was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Oro Innovations is an active private limited company based in Sanand, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 29 May 2020 (6+ years old) and is registered under CIN U72900GJ2020PTC113699.
Oro Innovations has 6 current directors:
- Kartik Babulal Chavada - Director
- Umang Arvindbhai Shah - Director
- Kailas Subhash Patil - Director
- Khushboo Umang Shah - Director
- Akshata Kailas Patil - Director
- Neema Kartik Chavada - Director
The latest financial statements of Oro Innovations 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 Oro Innovations is 24AADCO1633P1ZB, registered in Gujarat.
The CIN (Corporate Identification Number) of Oro Innovations is U72900GJ2020PTC113699. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oro Innovations was incorporated on 29 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Oro Innovations by revenue are Code4bots Technologies Private Limited, Techiosoft Systems Private Limited, Mcci Interconnect Solutions Private Limited, Webomindapps Private Limited, Julius66 Software India Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Kailas Subhash Patil ceased to be Additional Director on 30 Dec 2021. Kartik Babulal Chavada ceased to be Additional Director on 30 Dec 2021. Umang Arvindbhai Shah ceased to be Additional Director on 30 Dec 2021. Oro Innovations has 9 board changes on record in total.
Yes, Oro Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Oro Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0047286).
Oro Innovations can be reached through the website oroinnovations.com. Its registered office is in Sanand, Gujarat, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages