About V2 Innovatives Private Limited
Data last updated:
V2 Innovatives Private Limited is a private limited company based in Bangalore Urban District, Karnataka, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 15 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U21098KA2007PTC042124. Its GSTIN is 29AADCV3427A1ZL (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹10 Cr. It is led by directors Ramachandra Reddy Manjunatha Reddy and Munireddy Chandrika.
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 Bangalore Urban District, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.61 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.38 Cr (net margin 3%) and EBITDA of ₹5.2 Cr (EBITDA margin 11.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over five years.
The company has about 67 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.73 Cr and satisfied charges of ₹63.19 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website v2innovatives.com.
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- Website
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- Registered AddressPlot No. 289/290 Kachanayakanahalli Sub – Layout Bommasandra Ind Area Ph I Jigani Hobli, Anekal Tk, Bangalore Urban District, Karnataka, India – 560099
- IndustryPackaging, Laminated & Corrugated Packaging, Paper
- 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
CIN History of V2 Innovatives Private Limited
V2 Innovatives has one previous CIN (Corporate Identification Number): U45202KA2007PTC042124. The current CIN is U21098KA2007PTC042124, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21098KA2007PTC042124 | Current |
| U45202KA2007PTC042124 | Previous |
Business Activity of V2 Innovatives Private Limited
The main business activity of V2 Innovatives is manufacturing. In detail, this covers manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 16 | Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of V2 Innovatives Private Limited
V2 Innovatives Private Limited is audited by Nagendran & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Nagendran & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of V2 Innovatives Private Limited
V2 Innovatives has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramachandra Reddy Manjunatha Reddy Also directs: Mr Arithra Infrastructure Private Limited | Director | 03 Feb 2014 | 12 Years 8 Months | Current |
| Munireddy Chandrika Also directs: Suhas Packaging Private Limited | Director | 03 Feb 2014 | 12 Years 8 Months | Current |
Financials of V2 Innovatives Private Limited FY 2024 filings available
V2 Innovatives Private Limited reported revenue of ₹46.61 Cr (up 3.00% YoY) for FY 2025.
Growth of V2 Innovatives Private Limited
| Metric | 1-year growth | 3-year compounded (CAGR) | 5-year compounded (CAGR) |
|---|---|---|---|
| Revenue | ▲ 3% | n/a | ▲ 10% |
| Net profit | ▲ 4% | ▲ 34% | ▲ 40% |
| EBITDA | ▼ 6% | ▲ 4% | ▲ 12% |
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 3% 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 of V2 Innovatives Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.2 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.38 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of V2 Innovatives Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net 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 AOC-4. The full year-wise statements and ratios of V2 Innovatives are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of V2 Innovatives Private Limited
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 V2 Innovatives Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Dec 2023 | Axis Bank Limited | ₹11.5 Cr | Open |
| 26 Oct 2021 | Canara Bank | ₹23 Lakh | Open |
| 04 Jul 2017 | Canara Bank | ₹29.92 Cr | Satisfied |
| 10 Jun 2014 | Canara Bank | ₹33.27 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at V2 Innovatives Private Limited
V2 Innovatives Private Limited has a workforce of 67 employees as of Apr 04, 2024.
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.
GST Compliance of V2 Innovatives Private Limited
V2 Innovatives has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCV3427A1ZL | Karnataka | Active | 01 Jul 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.
Credit Ratings, Litigation & Regulatory Alerts for V2 Innovatives Private Limited
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 V2 Innovatives Private Limited
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 V2 Innovatives Private Limited
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.
MCA Filings & Documents of V2 Innovatives Private Limited
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.
Recent Activity on V2 Innovatives Private Limited
Frequently Asked Questions about V2 Innovatives Private Limited
V2 Innovatives is an active private limited company based in Bangalore Urban District, Karnataka, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 15 March 2007 (19+ years old) and is registered under CIN U21098KA2007PTC042124.
V2 Innovatives reported revenue of ₹46.61 Cr for FY 2025 (up 3.00% YoY).
V2 Innovatives has 2 current directors:
- Ramachandra Reddy Manjunatha Reddy - Director
- Munireddy Chandrika - Director
V2 Innovatives reported a net profit of ₹1.38 Cr (net margin 3%) and EBITDA of ₹5.2 Cr (EBITDA margin 11.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of V2 Innovatives is 10% over five years. In the latest year (FY 2025) revenue rose 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of V2 Innovatives is 29AADCV3427A1ZL, registered in Karnataka. 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 V2 Innovatives is U21098KA2007PTC042124. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V2 Innovatives was incorporated on 15 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
V2 Innovatives can be reached through the website v2innovatives.com. Its registered office is in Bangalore Urban District, Karnataka, India.