Utkarsh Palnitkar
About Utkarsh Palnitkar
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Utkarsh Palnitkar is a Director at Praj Industries Limited (since 2024), Director at Ikp Knowledge Park (since 2022) and Director at Instillmotion Labs Private Limited (since 2024). The companies operate in Environment, Travel and Hospitality and Information Technology. The 3 current companies with reported revenue have a combined latest revenue of ₹3,353 Cr; the largest is Praj Industries Limited at ₹3,279 Cr (FY 2025). Earlier, Utkarsh Palnitkar was a Managing Director at India Alternatives Investment Advisors Private Limited (2011–2013) and Director at Verve Investments Finance Pvt.Ltd (1993–2012) and 1 more.
Current companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Praj Industries Limited L27101PN1985PLC038031 | Director | 31 Mar 2024 | 1985 | ₹3,279 Cr (FY 2025) | Active |
 Ikp Knowledge Park U92190TG1998NPL029821 | Director | 13 Sep 2022 | 1998 | ₹73.90 Cr (FY 2025) | Active |
 Instillmotion Labs Private Limited U73100TG2022PTC161801 | Director | 13 Jun 2024 | 2022 | ₹17.2 Lakh (FY 2025) | Active |
Previous companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 India Alternatives Investment Advisors Private Limited U74140MH2010PTC198879 | Managing Director | 14 Feb 2011 | 2010 | ₹6.12 Cr (FY 2025) | Active |
 Verve Investments Finance Pvt.Ltd U65990MH1993PTC070794 | Director | 15 Feb 1993 | 1993 | Active | |
| Aarna Corporate Advisors Llp AAM-4157 | Designated Partner | 12 Apr 2018 | 2018 | Strike Off |
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Frequently Asked Questions about Utkarsh Palnitkar
Utkarsh Palnitkar currently holds 3 directorships: Praj Industries Limited (Director, since 31 Mar 2024, revenue ₹3,279 Cr (FY 2025)); Ikp Knowledge Park (Director, since 13 Sep 2022, revenue ₹73.90 Cr (FY 2025)); Instillmotion Labs Private Limited (Director, since 13 Jun 2024, revenue ₹17.2 Lakh (FY 2025)).
Utkarsh Palnitkar was first appointed on 15 Feb 1993 as Director at Verve Investments Finance Pvt.Ltd. The most recent appointment on record is 13 Jun 2024 at Instillmotion Labs Private Limited.
The 3 current companies of Utkarsh Palnitkar that report revenue have a combined latest revenue of ₹3,353 Cr: Praj Industries Limited ₹3,279 Cr (FY 2025); Ikp Knowledge Park ₹73.90 Cr (FY 2025); Instillmotion Labs Private Limited ₹17.2 Lakh (FY 2025).
Utkarsh Palnitkar held 3 earlier board appointments: India Alternatives Investment Advisors Private Limited (Managing Director, 14 Feb 2011 to 04 Mar 2013); Verve Investments Finance Pvt.Ltd (Director, 15 Feb 1993 to 19 Oct 2012); Aarna Corporate Advisors Llp (Designated Partner, from 12 Apr 2018).
The current boards of Utkarsh Palnitkar's companies include Ajay Narayan Deshpande (Praj Industries Limited), Anant Narayan Bavare (Praj Industries Limited), Ashish Madhukar Gaikwad (Praj Industries Limited), Berjis Minoo Desai (Praj Industries Limited), Parth Pramod Chaudhari (Praj Industries Limited), Pramod Madhukar Chaudhari (Praj Industries Limited), among others.