About Pure Innovation Ventures Private Limited
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Pure Innovation Ventures Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Cachet Innovation And Transformation Private Limited. It operates in the dairy products and milk processing segment of the food and beverages sector. It was incorporated on 19 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U15122TN2015PTC099304. Its GSTIN is 09AAICP0225H1ZK (Uttar Pradesh).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹20 Cr. It is led by directors Padmanabhan Krishnamurthy and Venkatesh Sridharan.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹98.01 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net profit of ₹90,669 (net margin 0.9%) and EBITDA of ₹55.86 Lakh (EBITDA margin 57%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years and 38% over five years.
As per MCA filings, the company has open charges of ₹4.66 Cr and satisfied charges of ₹1.97 Cr on record. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹19.99 Cr; the latest was in January 2019. Its 5 peer companies in the Food and Beverages industry (Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 2 larger and 3 smaller; the largest is Asomi Industries Private Limited with revenue of ₹99.36 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website puredairy.in.
Company details
Contact details
Pure Innovation Ventures Private Limited's registered office is in Chennai, Tamil Nadu. Its website is puredairy.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#82 Srestha, 4th Avenue Ashok Nagar, Chennai, Tamil Nadu, India – 600083
- IndustryFood and Beverages, Dairy Products & Milk Processing
To see the full contact details of Pure Innovation Ventures 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 activities of Pure Innovation Ventures are manufacturing and real estate. In detail, this covers food, beverages and tobacco products and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Pure Innovation Ventures Private Limited, buy the company report.
Financials of Pure Innovation Ventures Private Limited
FY 2024 filings availablePure Innovation Ventures Private Limited reported revenue of ₹98.01 Lakh (down 96% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 96% fall in the latest year. EBITDA fell 56% 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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| EBITDA | ₹55.86 Lakh | ||||
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| Net Profit (PAT) | ₹90,669 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 57% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Pure Innovation Ventures Private Limited, buy the company report.
Board of directors of Pure Innovation Ventures Private Limited
Pure Innovation Ventures has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padmanabhan Krishnamurthy | Director | 19 Feb 2015 | 11 Years 8 Months | Current |
| Venkatesh Sridharan | Director | 19 Feb 2015 | 11 Years 8 Months | Current |
Peer comparison
Pure Innovation Ventures Private Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Asomi Industries Private Limited | ₹99.36 Lakh (FY 2024) | 0.0% | Guwahati, Assam, India | |||
| Milkley Food & Beverages India Private Limited | ₹99.19 Lakh (FY 2025) | -52.0% | Chandauli, Uttar Pradesh, India | |||
| Pure Innovation Ventures Private Limitedthis company | ₹98.01 Lakh (FY 2025) | ₹90,669 | 0.9% | -96.0% | Chennai, Tamil Nadu, India | |
| Gudloo Farmland Private Limited | ₹96.09 Lakh (FY 2022) | -2.0% | Kendrapara, Odisha, India | |||
| Cheer Creams Private Limited | ₹95.72 Lakh (FY 2021) | -74.0% | Kozhikode, Kerala, India | |||
| Freezefast Foods Private Limited | ₹95.37 Lakh (FY 2025) | 13.0% | Kochi, Kerala, India |
To see the full peer comparison of Pure Innovation Ventures Private Limited, buy the company report.
Auditor
Pure Innovation Ventures Private Limited is audited by J GANESH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J GANESH & CO | FY 2023 | 014436S |
Shareholding
The shareholding of Pure Innovation Ventures Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Pure Innovation Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Aug 2024 | 100959768 | Indian Bank | ₹4.66 Cr | Open | |
| 02 Mar 2020 | 100331985 | Indian Overseas Bank | ₹1.97 Cr | Satisfied |
To see the full charge records of Pure Innovation Ventures Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Pure Innovation Ventures Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹19.99 Cr; the latest was in January 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2019 | Funding round | ₹4.57 Cr | Investors: Cachet Innovation and Transformation Private Limited |
| Dec 2017 | Funding round | ₹15.42 Cr | Investors: Cachet Innovation and Transformation Private Limited , 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Pure Innovation Ventures 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 Pure Innovation Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pure Innovation Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAICP0225H1ZK | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pure Innovation Ventures Private Limited, buy the company report.
Recent activity
Pure Innovation Ventures Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Padmanabhan Krishnamurthy was appointed as Director on 19 Feb 2015.
Frequently asked questions
Pure Innovation Ventures is an active private limited company based in Chennai, Tamil Nadu, India. The company works in dairy products and milk processing, within the food and beverages industry. It was incorporated on 19 February 2015 (11+ years old) and is registered under CIN U15122TN2015PTC099304.
Pure Innovation Ventures has 2 current directors:
- Padmanabhan Krishnamurthy - Director
- Venkatesh Sridharan - Director
The latest financial statements of Pure Innovation Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Pure Innovation Ventures is 09AAICP0225H1ZK, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Pure Innovation Ventures is U15122TN2015PTC099304. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pure Innovation Ventures was incorporated on 19 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
Pure Innovation Ventures has 2 deals on record (2 funding rounds), with disclosed funding of ₹19.99 Cr; the latest was in January 2019.
The peers of Pure Innovation Ventures by revenue are Asomi Industries Private Limited, Milkley Food & Beverages India Private Limited, Gudloo Farmland Private Limited, Cheer Creams Private Limited, Freezefast Foods Private Limited, all in the Food and Beverages industry (Milk and Dairy Products), with the same principal business activity (food, beverages and tobacco products).
Padmanabhan Krishnamurthy was appointed as Director on 19 Feb 2015. Venkatesh Sridharan was appointed as Director on 19 Feb 2015.
Pure Innovation Ventures can be reached through the website puredairy.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Pure Innovation Ventures is at #82 Srestha, 4th Avenue Ashok Nagar, Chennai, Tamil Nadu, India – 600083.
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