MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0010721
Tanish Innovations Private Limited
Tanish Innovations Private Limited - machinery and equipment in Jigani, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.47 Cr
▲ 44.42% YoY
Net loss · FY 2024
₹19.68 Lakh
Net margin -8%
EBITDA · FY 2024
₹17.04 Lakh
EBITDA margin 6.9%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹26.65 Lakh
Issued & subscribed
Open charges
₹85.37 Lakh
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
2
Provident fund records
About Tanish Innovations Private Limited
Data last updated:
Tanish Innovations Private Limited is a private limited company based in Jigani, Karnataka, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 06 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29220KA2009PTC049065. Its GSTIN is 29AADCT1972E1Z9 (Karnataka).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹26.65 Lakh. It is led by directors including Jyothi Satyendra Babu Devarkonde (Whole-Time Director) and Vijet Nagesh Nayak (Whole-Time Director).
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 Plot No. 15/1A Jigani Industrial Area 1st Phase Jigani Hobli Anekal Taluk Bangalore Di, Strict, Karnataka, India – 562106.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.47 Cr. For the same year it recorded a net loss of ₹19.68 Lakh (net margin -8%) and EBITDA of ₹17.04 Lakh (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 9% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹85.37 Lakh on record.
Tanish Innovations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0010721). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U29220KA2009PTC049065
Registration Number 049065
Incorporation Date 06 February 2009
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-02-0010721
Key People
Jyothi Satyendra Babu Devarkonde Whole-Time Director Vijet Nagesh Nayak Whole-Time Director Girish Subhaschandra Hegadal Whole-Time Director Recognitions & Rankings of Tanish Innovations
Contact details
Tanish Innovations Private Limited's registered office is in Jigani, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 15/1A Jigani Industrial Area 1st Phase Jigani Hobli Anekal Taluk Bangalore Di, Strict, Karnataka, India – 562106
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Tanish Innovations Private Limited, buy the company report.
Comprehensive company report
Tanish 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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Secure checkout · GST invoice included
Business activity
The main business activity of Tanish Innovations is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Tanish Innovations Private Limited, buy the company report.
Financials of Tanish Innovations Private Limited
FY 2024 filings availableTanish Innovations Private Limited reported revenue of ₹2.47 Cr for FY 2024.
Revenue · FY 2024
₹2.47 Cr
Net loss · FY 2024
₹19.68 Lakh margin -8%
EBITDA · FY 2024
₹17.04 Lakh margin 6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 21%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 64%
3 years · compounded
▲ 43%
5 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years. EBITDA fell 64% 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 |
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| Total Expenses | |||||
| EBITDA | ₹17.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19.68 Lakh | ||||
| Balance Sheet | |||||
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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 | 6.9% | ||||
| Net Profit Margin | -8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Tanish Innovations Private Limited, buy the company report.
Board of directors of Tanish Innovations Private Limited
Tanish Innovations has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyothi Satyendra Babu Devarkonde | Whole-Time Director | 06 Aug 2013 | 13 Years 2 Months | Current |
| Vijet Nagesh Nayak | Whole-Time Director | 06 Feb 2009 | 17 Years 8 Months | Current |
| Girish Subhaschandra Hegadal | Whole-Time Director | 20 Feb 2020 | 6 Years 8 Months | Current |
Peer comparison
Tanish Innovations Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| HVD Saws Private Limited | ₹2.49 Cr (FY 2024) | 16.0% | Gurgaon, Haryana, India | |||
| Kundan Metals Private Limited | ₹2.49 Cr (FY 2025) | -4.0% | Udaipur, Rajasthan, India | |||
| Tanish Innovations Private Limitedthis company | ₹2.47 Cr (FY 2024) | -₹19.68 Lakh | -8% | 2 | Jigani, Karnataka, India | |
| Pentagon Engimech Private Limited | ₹2.46 Cr (FY 2024) | 3.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Tanish Innovations Private Limited, buy the company report.
Auditor
Tanish Innovations Private Limited is audited by G. RADHAKRISHNA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G. RADHAKRISHNA | FY 2023 | 205545 |
Shareholding
The shareholding of Tanish Innovations 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tanish Innovations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹85.37 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2023 | 100723424 | Others | ₹30.59 Lakh | Open | |
| 18 Mar 2021 | 100429877 | Others | ₹22 Lakh | Open | |
| 23 Sep 2020 | 100375119 | Others | ₹16.28 Lakh | Open | |
| 05 Feb 2010 | 10199414 | State Bank of India | ₹16.5 Lakh | Open |
To see the full charge records of Tanish Innovations Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Tanish 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
Tanish Innovations Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 20 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Unicorn Precitech | |||
| Maruthi Technics | |||
| an individual supplier |
To see the full MSME payment records of Tanish Innovations Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Tanish Innovations Private Limited has a workforce of 2 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
Employee growth
-50%
GST
Tanish Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCT1972E1Z9 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tanish Innovations Private Limited, buy the company report.
Recent activity
Tanish Innovations Private Limited has 13 board changes on record since 2009: 8 appointments and 5 cessations. The latest: Sadanand Gopal Hegde ceased to be Whole-Time Director on 12 Oct 2021.
AGM
Tanish Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Tanish Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 30.59 Lakh with Charge ID 100723424 was registered on 29 Mar 2023.
Ceased
Sadanand Gopal Hegde ceased to be Whole-Time Director.
Ceased
Manish ceased to be Director.
Charges
A charge with Others amounted to Rs. 22.00 Lakh with Charge ID 100429877 was registered on 18 Mar 2021.
Appointed
Manish was appointed as Director.
Charges
A charge with Others amounted to Rs. 16.28 Lakh with Charge ID 100375119 was registered on 23 Sep 2020.
Charges
A charge with State Bank Of India of Rs. 16.50 Lakh registered on 05 Feb 2010 with Charge ID 10199414 was modified on 31 Jul 2020.
Appointed
Girish Subhaschandra Hegadal was appointed as Whole-Time Director.
Ceased
Sunilkumar Shantappa Surpur ceased to be Director.
Ceased
Vijaykumar Shankarappa Desai ceased to be Director.
9 earlier events are in the company report.
Frequently asked questions
Tanish Innovations is an active private limited company based in Jigani, Karnataka, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 06 February 2009 (17+ years old) and is registered under CIN U29220KA2009PTC049065.
Tanish Innovations has 3 current directors:
- Jyothi Satyendra Babu Devarkonde - Whole-Time Director
- Vijet Nagesh Nayak - Whole-Time Director
- Girish Subhaschandra Hegadal - Whole-Time Director
The latest financial statements of Tanish Innovations 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 Tanish Innovations is 29AADCT1972E1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Tanish Innovations is U29220KA2009PTC049065. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tanish Innovations was incorporated on 06 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Tanish Innovations by revenue are HVD Saws Private Limited, Kundan Metals Private Limited, Pentagon Engimech Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Sadanand Gopal Hegde ceased to be Whole-Time Director on 12 Oct 2021. Manish ceased to be Director on 04 Oct 2021. Manish was appointed as Director on 07 Dec 2020. Tanish Innovations has 13 board changes on record in total.
Yes, Tanish Innovations is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0010721).
Tanish Innovations has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 20 overdue payments to 4 micro and small suppliers. The latest return was filed on 30 May 2019.
The registered office of Tanish Innovations is at Plot No. 151A Jigani Industrial Area 1st Phase Jigani Hobli Anekal Taluk Bangalore Di, Strict, Karnataka, India – 562106.
Tanish Innovations operates in the machinery and equipment industry, in the industrial tools and components segment.