- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-22-0039616

Vagxmi Innovative Techno Private Limited
About Vagxmi Innovative Techno Private Limited
Data last updated:
Vagxmi Innovative Techno Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 06 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC083934. Its GSTIN is 29AAFCV2814H1Z8 (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Radha Ashokkumar Karachar and Akshata Ashokkumar Korachar.
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 No: 753 1st Floor 9th Main B – Block 3rd Stage Vijayanagar, Mysore, Karnataka, India – 570017.
As per the financials filed for FY 2025, the company reported a revenue of ₹1 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹12.22 Lakh (net margin 12.2%) and EBITDA of ₹19.64 Lakh (EBITDA margin 19.5%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 6% 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 ₹1.55 Cr on record.
Vagxmi Innovative Techno Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0039616). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Vagxmi Innovative Techno
Contact details
Vagxmi Innovative Techno Private Limited's registered office is in Mysore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo: 753 1st Floor 9th Main B – Block 3rd Stage Vijayanagar, Mysore, Karnataka, India – 570017
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Vagxmi Innovative Techno 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 Vagxmi Innovative Techno is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Vagxmi Innovative Techno Private Limited, buy the company report.
Financials of Vagxmi Innovative Techno Private Limited
FY 2025 filings availableVagxmi Innovative Techno Private Limited reported revenue of ₹1 Cr (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 25% fall in the latest year. EBITDA fell 38% 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 | ₹19.64 Lakh | ||||
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| Net Profit (PAT) | ₹12.22 Lakh | ||||
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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 | 19.5% | ||||
| Net Profit Margin | 12.2% | ||||
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To see the full financial statements and ratios of Vagxmi Innovative Techno Private Limited, buy the company report.
Board of directors of Vagxmi Innovative Techno Private Limited
Vagxmi Innovative Techno has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radha Ashokkumar Karachar | Director | 28 Jan 2019 | 7 Years 9 Months | Current |
| Akshata Ashokkumar Korachar | Director | 06 Nov 2015 | 10 Years 11 Months | Current |
Shareholding
The shareholding of Vagxmi Innovative Techno Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Vagxmi Innovative Techno Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jul 2025 | 101138835 | Bank of India | ₹1.55 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Vagxmi Innovative Techno 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 Vagxmi Innovative Techno Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vagxmi Innovative Techno Private Limited has a workforce of 2 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Vagxmi Innovative Techno has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCV2814H1Z8 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vagxmi Innovative Techno Private Limited, buy the company report.
Recent activity
Vagxmi Innovative Techno Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Radha Ashokkumar Karachar ceased to be Additional Director on 05 Sep 2019.
Frequently asked questions
Vagxmi Innovative Techno is an active private limited company based in Mysore, Karnataka, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 06 November 2015 (11+ years old) and is registered under CIN U74900KA2015PTC083934.
Vagxmi Innovative Techno has 2 current directors:
- Radha Ashokkumar Karachar - Director
- Akshata Ashokkumar Korachar - Director
The latest financial statements of Vagxmi Innovative Techno 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 2016 are in the company report.
The GSTIN of Vagxmi Innovative Techno is 29AAFCV2814H1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Vagxmi Innovative Techno is U74900KA2015PTC083934. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vagxmi Innovative Techno was incorporated on 06 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Radha Ashokkumar Karachar ceased to be Additional Director on 05 Sep 2019. Raghavendra Hebbal Mogannachar ceased to be Director on 09 Feb 2019. Radha Ashokkumar Karachar was appointed as Director on 28 Jan 2019. Vagxmi Innovative Techno has 4 board changes on record in total.
Yes, Vagxmi Innovative Techno is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-22-0039616).
The registered office of Vagxmi Innovative Techno is at No: 753 1st Floor 9th Main B – Block 3rd Stage Vijayanagar, Mysore, Karnataka, India – 570017.
Vagxmi Innovative Techno operates in the engineering industry, in the engineering design and consultancy segment.

