Stylish Innovators LLP
About Stylish Innovators LLP
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Stylish Innovators LLP is a limited liability partnership (LLP) based in Indore, Madhya Pradesh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 October 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Gwalior, under LLPIN AAH-5785. Its GSTIN is 23ADEFS0301B2Z1 (Madhya Pradesh). The LLP holds 2 GST registrations, of which 1 is active.
The LLP has a total obligation of contribution of ₹20 Lakh. It is led by designated partners Vikram Desai and Parag Desai.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Plot No. 4 Dilpasand Colony Race Course Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹3.35 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.49 Cr (net margin 44.5%) and EBITDA of ₹4.37 Cr (EBITDA margin 130.3%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
As per MCA filings, the LLP has open charges of ₹17.21 Cr on record.
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- Registered AddressPlot No. 4 Dilpasand Colony Race Course Road, Indore, Madhya Pradesh, India – 452001
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Financials of Stylish Innovators LLP FY 2025 filings available
Stylish Innovators LLP reported revenue of ₹3.35 Cr (down 1% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Stylish Innovators LLP
Revenue fell 1% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 5% 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 of Stylish Innovators LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | ₹3.35 Cr | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹1.49 Cr | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Stylish Innovators LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 44.5% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Stylish Innovators are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Stylish Innovators LLP
Auditor information for Stylish Innovators LLP provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Designated Partners of Stylish Innovators LLP
Stylish Innovators has 2 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Desai | Designated Partner | 07 Oct 2016 | 10 Years 0 Months | Current |
| Parag Desai | Designated Partner | 07 Oct 2016 | 10 Years 0 Months | Current |
Ownership and Shareholding of Stylish Innovators LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Stylish Innovators LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Mar 2024 | Hdfc Bank Limited | ₹10.71 Cr | Open |
| 30 Mar 2017 | Bajaj Finance Limited | ₹6.5 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Stylish Innovators LLP
Employment history and EPFO contributions of people linked to Stylish Innovators.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Stylish Innovators LLP
Stylish Innovators LLP has 4 designated partner changes on record since 2016: 2 appointments and 2 cessations. The latest: Ramesh Chand Neekhra ceased to be Designated Partner on 24 Jan 2025.
Credit Ratings, Litigation & Regulatory Alerts for Stylish Innovators LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Stylish Innovators LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Stylish Innovators LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Stylish Innovators LLP
Stylish Innovators has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23ADEFS0301B2Z1 | Madhya Pradesh | Active | 13 Sep 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Stylish Innovators LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Stylish Innovators LLP
Stylish Innovators is an active limited liability partnership based in Indore, Madhya Pradesh, India. The LLP works in IT consulting and support services, within the information technology industry. It was incorporated on 07 October 2016 (10+ years old) and is registered under LLPIN AAH-5785.
Stylish Innovators reported revenue of ₹3.35 Cr for FY 2021 (down 1% YoY).
Stylish Innovators has 2 current designated partners:
- Vikram Desai - Designated Partner
- Parag Desai - Designated Partner
Stylish Innovators reported a net profit of ₹1.49 Cr (net margin 44.5%) and EBITDA of ₹4.37 Cr (EBITDA margin 130.3%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Stylish Innovators is 5% over three years. In the latest year (FY 2021) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Stylish Innovators is 23ADEFS0301B2Z1, registered in Madhya Pradesh. The LLP has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The LLPIN (Limited Liability Partnership Identification Number) of Stylish Innovators is AAH-5785. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Stylish Innovators was incorporated on 07 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Gwalior.
Ramesh Chand Neekhra ceased to be Designated Partner on 24 Jan 2025. Siddharth Neekhra ceased to be Designated Partner on 24 Jan 2025. Parag Desai was appointed as Designated Partner on 07 Oct 2016. Stylish Innovators has 4 designated partner changes on record in total.
The registered office of Stylish Innovators is at Plot No. 4 Dilpasand Colony Race Course Road, Indore, Madhya Pradesh, India – 452001.