Pynate IT Innovations Private Limited
About Pynate IT Innovations Private Limited
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Pynate IT Innovations Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 29 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74999MP2018PTC046958. Its GSTIN is 23AAICB0954H1ZW (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhupendra Sharma and Meenal Sharma.
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 Indore, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.43 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹77,245 (net margin 22.5%) and EBITDA of ₹79,375 (EBITDA margin 23.1%). Revenue has grown at a compounded annual rate (CAGR) of 69% over five years.
Company details
Contact details
Pynate IT Innovations Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address212 Shankeshwar Parshawnath, Kanadiya Road Bypass, Indore, Madhya Pradesh, India – 452016
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Pynate IT Innovations 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 Pynate IT 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 Pynate IT Innovations Private Limited, buy the company report.
Financials of Pynate IT Innovations Private Limited
FY 2025 filings availablePynate IT Innovations Private Limited reported revenue of ₹3.43 Lakh (up 794% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 69% over five years, including 794% growth 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 | ₹79,375 | ||||
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| Net Profit (PAT) | ₹77,245 | ||||
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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 | 23.1% | ||||
| Net Profit Margin | 22.5% | ||||
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To see the full financial statements and ratios of Pynate IT Innovations Private Limited, buy the company report.
Board of directors of Pynate IT Innovations Private Limited
Pynate IT Innovations 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 |
|---|---|---|---|---|
| Bhupendra Sharma Also directs: Usia Softech Solutions Private Limited | Director | 26 Aug 2024 | 2 Years 2 Months | Current |
| Meenal Sharma Also directs: Indore Data Center Private Limited | Director | 29 Oct 2018 | 8 Years 0 Months | Current |
Peer comparison
Pynate IT Innovations Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Bogo Infocom Private Limited | ₹3.44 Lakh (FY 2021) | Indore, Madhya Pradesh, India | ||||
| Optiroute Solutions Private Limited | ₹3.44 Lakh (FY 2022) | -89.0% | Jaipur, Rajasthan, India | |||
| Pynate IT Innovations Private Limitedthis company | ₹3.43 Lakh (FY 2025) | ₹77,245 | 22.5% | 794.0% | Indore, Madhya Pradesh, India | |
| One Six Infra Private Limited | ₹3.43 Lakh (FY 2025) | -82.0% | Chalappuram, Kerala, India | |||
| Espoir Soft Private Limited | ₹3.43 Lakh (FY 2022) | 19.0% | New Delhi, Delhi, India | |||
| Light Shine Entertainment Private Limited | ₹3.42 Lakh (FY 2017) | 10.0% | Tirupati, Andhra Pradesh, India |
To see the full peer comparison of Pynate IT Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Pynate IT 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 Pynate IT Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pynate IT Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAICB0954H1ZW | Madhya Pradesh | Active | 27 Feb 2021 |
To see the full GST registrations and return filing status of Pynate IT Innovations Private Limited, buy the company report.
Recent activity
Pynate IT Innovations Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Dewasheesh Mehta ceased to be Director on 15 Sep 2024.
Frequently asked questions
Pynate IT Innovations is an active private limited company based in Indore, Madhya Pradesh, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 29 October 2018 (8+ years old) and is registered under CIN U74999MP2018PTC046958.
Pynate IT Innovations has 2 current directors:
- Bhupendra Sharma - Director
- Meenal Sharma - Director
The latest financial statements of Pynate IT 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 2019 are in the company report.
The GSTIN of Pynate IT Innovations is 23AAICB0954H1ZW, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Pynate IT Innovations is U74999MP2018PTC046958. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pynate IT Innovations was incorporated on 29 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Pynate IT Innovations by revenue are Bogo Infocom Private Limited, Optiroute Solutions Private Limited, One Six Infra Private Limited, Espoir Soft Private Limited, Light Shine Entertainment Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).
Dewasheesh Mehta ceased to be Director on 15 Sep 2024. Bhupendra Sharma was appointed as Director on 26 Aug 2024. Meenal Sharma was appointed as Director on 29 Oct 2018.
The registered office of Pynate IT Innovations is at 212 Shankeshwar Parshawnath, Kanadiya Road Bypass, Indore, Madhya Pradesh, India – 452016.
Pynate IT Innovations operates in the business services industry, in the miscellaneous business activities segment.
Pynate IT Innovations can be reached at its registered office: 212 Shankeshwar Parshawnath, Kanadiya Road Bypass, Indore, Madhya Pradesh, India – 452016.
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