MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-22-0281173
Triz Innovation Limited - information technology in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.86 Cr
▲ 225% YoY
Net profit · FY 2024
₹42.37 Lakh
Net margin 11%
EBITDA · FY 2024
₹63.12 Lakh
EBITDA margin 16.3%
Authorised capital
₹6.7 Cr
Registered with MCA
Paid-up capital
₹3.57 Cr
Issued & subscribed
Company age
22 yrs
Est. 2004
Directors on board
4
As per MCA filings
Active GSTINs
1
of 2 registered
About Triz Innovation Limited
Data last updated:
Triz Innovation Limited is a public limited company based in Surat, Gujarat, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 25 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U64202GJ2004PLC044174. Its GSTIN is 24AAACO6756C2ZM (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6.7 Cr and a paid-up capital of ₹3.57 Cr. It is led by directors including Alkaben Kalpeshbhai Sheth and Dev Sheth.
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 Flat 201 Sunder Chambers Adajan Patiya Rander Road, Surat, Gujarat, India – 395009.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.86 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹42.37 Lakh (net margin 11%) and EBITDA of ₹63.12 Lakh (EBITDA margin 16.3%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 25% over five years.
The company is associated with 1 brand: TrizInnovation.
Triz Innovation Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0281173). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trizinnovation.com.
Company details
CIN U64202GJ2004PLC044174
Registration Number 044174
Incorporation Date 25 May 2004
ROC Ahmedabad
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 Micro
Udyam Registration UDYAM-GJ-22-0281173
CIN history
Triz Innovation has one previous CIN (Corporate Identification Number): U64202GJ2004PTC044174. The current CIN is U64202GJ2004PLC044174, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64202GJ2004PLC044174 | Current |
| U64202GJ2004PTC044174 | Previous |
Key People
Alkaben Kalpeshbhai Sheth Director Dev Sheth Director Samakit Kaushikkumar Sheth Director Recognitions & Rankings of Triz Innovation
Contact details
Triz Innovation Limited's registered office is in Surat, Gujarat. Its website is trizinnovation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat 201 Sunder Chambers Adajan Patiya Rander Road, Surat, Gujarat, India – 395009
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Triz Innovation Limited, buy the company report.
Comprehensive company report
Triz Innovation 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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Brands
Triz Innovation operates one associated brand: TrizInnovation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for slot games, betting, and user customization options. | trizinnovation.com |
Business activity
The main business activity of Triz Innovation 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 Triz Innovation Limited, buy the company report.
Financials of Triz Innovation Limited
FY 2024 filings availableTriz Innovation Limited reported revenue of ₹3.86 Cr (up 225% YoY) for FY 2024.
Revenue · FY 2024
₹3.86 Cr ▲ 225%
Net profit · FY 2024
₹42.37 Lakh margin 11%
EBITDA · FY 2024
₹63.12 Lakh margin 16.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 225%
3 years · compounded
▲ 46%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 151%
3 years · compounded
▲ 149%
5 years · compounded
▲ 36%
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 225% growth in the latest year. EBITDA rose 151% 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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| EBITDA | ₹63.12 Lakh | ||||
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| Net Profit (PAT) | ₹42.37 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 16.3% | ||||
| Net Profit Margin | 11% | ||||
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To see the full financial statements and ratios of Triz Innovation Limited, buy the company report.
Board of directors of Triz Innovation Limited
Triz Innovation has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alkaben Kalpeshbhai Sheth | Director | 23 Nov 2018 | 7 Years 11 Months | Current |
| Dev Sheth Also directs: Scholarclone Private Limited | Director | 19 Jul 2021 | 5 Years 3 Months | Current |
| Samakit Kaushikkumar Sheth Also directs: Profitwave Advisory LLP | Director | 21 May 2022 | 4 Years 5 Months | Current |
| Chetankumar Shankarlal Darji | Director | 21 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Triz Innovation Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Software Services), with 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 |
|---|---|---|---|---|---|---|
| SWG Solutions India Private Limited | ₹3.88 Cr (FY 2024) | -15.0% | Chennai, Tamil Nadu, India | |||
| Aplite Infosolution Private Limited | ₹3.87 Cr (FY 2025) | -11.0% | Ujjain, Madhya Pradesh, India | |||
| Triz Innovation Limitedthis company | ₹3.86 Cr (FY 2024) | ₹42.37 Lakh | 11% | 225.0% | Surat, Gujarat, India | |
| Whilter Technologies Private Limited | ₹3.83 Cr (FY 2025) | 792.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Triz Innovation Limited, buy the company report.
Auditor
Triz Innovation Limited is audited by N. C. RUPAWALA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. C. RUPAWALA & CO. | FY 2023 | 125757W |
Shareholding
The shareholding of Triz Innovation 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 Triz Innovation Limited, buy the company report.
Legal cases
No court or tribunal cases involving Triz Innovation 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 Triz Innovation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Triz Innovation has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACO6756C2ZM | Gujarat | Active | 08 Sep 2017 |
To see the full GST registrations and return filing status of Triz Innovation Limited, buy the company report.
Recent activity
Triz Innovation Limited has 12 board changes on record since 2010: 4 appointments and 8 cessations. The latest: Chetankumar Shankarlal Darji ceased to be Additional Director on 29 Sep 2023.
AGM
Triz Innovation Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Triz Innovation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Chetankumar Shankarlal Darji ceased to be Additional Director.
Ceased
Samakit Kaushikkumar Sheth ceased to be Additional Director.
Ceased
Smitkumar Prakashkumar Mehta ceased to be Additional Director.
Appointed
Chetankumar Shankarlal Darji was appointed as Director.
Appointed
Samakit Kaushikkumar Sheth was appointed as Director.
Appointed
Dev Sheth was appointed as Director.
Appointed
Alkaben Kalpeshbhai Sheth was appointed as Director.
Ceased
Kamlesh Ravjibhai Vyas ceased to be Director.
Ceased
Hasmukhbhai Kurjibhai Khichadiya ceased to be Director.
Ceased
Jaya Kalu Jogani ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Triz Innovation is an active public limited company based in Surat, Gujarat, India. The company works in software development and support services, within the information technology industry. It was incorporated on 25 May 2004 (22+ years old) and is registered under CIN U64202GJ2004PLC044174.
Triz Innovation has 4 current directors:
- Alkaben Kalpeshbhai Sheth - Director
- Dev Sheth - Director
- Samakit Kaushikkumar Sheth - Director
- Chetankumar Shankarlal Darji - Director
The latest financial statements of Triz Innovation 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 Triz Innovation is 24AAACO6756C2ZM, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Triz Innovation is U64202GJ2004PLC044174. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Triz Innovation was incorporated on 25 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Triz Innovation by revenue are SWG Solutions India Private Limited, Aplite Infosolution Private Limited, Whilter Technologies Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).
Chetankumar Shankarlal Darji ceased to be Additional Director on 29 Sep 2023. Samakit Kaushikkumar Sheth ceased to be Additional Director on 29 Sep 2023. Smitkumar Prakashkumar Mehta ceased to be Additional Director on 29 Sep 2023. Triz Innovation has 12 board changes on record in total.
Yes, Triz Innovation is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-22-0281173).
Triz Innovation can be reached through the website trizinnovation.com. Its registered office is in Surat, Gujarat, India.
The registered office of Triz Innovation is at Flat 201 Sunder Chambers Adajan Patiya Rander Road, Surat, Gujarat, India – 395009.