Innovsource Services Private Limited - Company overview

Innov is an active private limited company registered with ROC Mumbai on 6 March 2016, about 10 years ago.

2016-03-06 Mumbai, Maharashtra Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹1000+ Cr
▲ 9.8%
FY 2025
PROFIT / LOSS
Loss · ₹50 Lakh–1 Cr
▼ -116.5%
FY 2025
EBITDA
₹10–25 Cr
▼ -1.9%
FY 2025
NET WORTH
₹100–500 Cr
▼ -0.5%
FY 2025
TOTAL ASSETS
₹500–1000 Cr
▲ 13.1%
FY 2025
EMPLOYEE COUNT
10,000+
OPEN CHARGES
2
155.00 cr
PAID-UP CAPITAL
115.33 cr
AUTHORISED CAPITAL
119.00 cr
COMPANY AGE
10 Years 8 Months
since 2016-03-06
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-30
ACTIVE GST
26
Updated: 2026-01-19 19:12:42
TOTAL MONEY RAISED
₹100–500 Cr
SATISFIED CHARGES
-
-

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Innov covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
75/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (74), financial health (60), director (85) and company-foundation signals.
  • Operating for 10+ years.
Compliance Score Moderate
74/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Moderate
60/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2025.
  • Positive net worth.
Director Risk Score Low risk
85/100
Board strength, DIN status and churn.
  • 5 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Innov Company identity, industry, contact, and registration details from MCA and company records.

Innov is an active private limited company registered with ROC Mumbai on 6 March 2016, about 10 years ago. The registered office is at 401 4Th Flr Om Sadan Mehra Estate, Mumbai, Maharashtra.

In its MCA filings the main business is listed as placement agencies and HR management services, which made up 100% of turnover.

It has five directors: Manmeet Singh, Amit Shridhar Chitale, Nilay Pratik and 2 others. The longest-serving is Nilay Pratik, on the board since 2018; the most recent to join is Girish Kumar, appointed in December 2024. Ten former directors are on record; the most recent to leave was Sudhakar Balakrishnan in November 2023. Between them, the directors also sit on the boards of 18 other companies, including Firstmeridian Global Services Private Limited and Innovsource Facilities Private Limited.

₹115 crore of its ₹119 crore authorised capital is paid up (about 97%). Its latest balance sheet on MCA is for the year ending 31 March 2025, and the last AGM was on 30 September 2025. Two charges (secured loans) are still open, with Standard Chartered Bank among the lenders.

Business Outsourcing •••••••• ••••••••
  • Location 401 4Th Flr Om Sadan Mehra Estate, Mumbai, Maharashtra - 400079
  • Website innov.in
Legal NameInnovsource Services Private Limited
CIN / LLPINU74900MH2016PTC273940
Company No.273940
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2016-03-06
Date of AGM2025-09-30
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
Credit RatingA (Icra)
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Innov (5) Current board members from MCA filings, including designation and appointment details.

M
Director | Since 2024-09-19 | DIN: 07100155
A
Amit Shridhar Chitale
CFO | Since 2022-07-05
N
Nominee Director | Since 2018-06-28 | DIN: 07692750
S
Director | Since 2024-09-19 | DIN: 03542380
G
Girish Kumar
Company Secretary | Since 2024-12-30

Financial Performance of Innov Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2025
Revenue ₹1000+ Cr ▲ 9.8%
P&L Loss · ₹50 Lakh–1 Cr ▼ -116.5%
EBITDA ₹10–25 Cr ▼ -1.9%
Net worth ₹100–500 Cr ▼ -0.5%

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Charges of Innov Open and satisfied charges registered against the company with MCA.

Standard Chartered Bank : 120.00 cr
Others : 35.00 cr
Open Charges: 2 Satisfied Charges: 0
Open 155.00 cr
Satisfied 0
LenderAmountStatus
Others
Creation Date: 27 Aug 2021
35.00 cr Open
Standard Chartered Bank
Creation Date: 16 Mar 2019
120.00 cr Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Support service to OrganizationsPlacement agencies and HR management services100

Companies With Common Directors Of Innov Other companies that share directors with this entity, based on MCA and compliance network data.

Financial Ratios of Innov Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Innov Ownership and contribution detail from filings. Full breakdown unlocks with your report.

8 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Innov EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Innov GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Innov Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Innov MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Innov Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

1 subsidiary on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Innov Official MCA forms, returns, and filing index. Document access unlocks with your report.

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Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Innov Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Innov?
MCA does not publish an "owner" field. Innov is run by its directors, Manmeet Singh, Amit Shridhar Chitale, Nilay Pratik and two others. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Innov?
Innov has five current directors: Manmeet Singh (since September 2024), Amit Shridhar Chitale (since July 2022), Nilay Pratik (since June 2018), Srinivasan Satish (since September 2024) and Girish Kumar (since December 2024).
What is CIN of Innov?
The CIN of Innov is U74900MH2016PTC273940. Reading it left to right: U means it is not listed, 74900 is the industry code it registered under, MH is Maharashtra, 2016 is the year it was registered, PTC is the company type and 273940 is its registration number.
When was Innov incorporated?
Innov was incorporated on 6 March 2016 with ROC Mumbai. That makes it about 10 years old.
What is the registered address of Innov?
The registered office on MCA records is 401 4Th Flr Om Sadan Mehra Estate, Mumbai, Maharashtra - 400079.
What is the current status of Innov?
MCA shows Innov as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Innov?
You can post to its registered office at 401 4Th Flr Om Sadan Mehra Estate, Mumbai, Maharashtra - 400079 and use its website, https://innov.in.
What industry or business activity is Innov associated with?
Its MCA filings list the main business as placement agencies and HR management services (100% of turnover).
What is paid-up capital and authorised share capital of Innov?
Paid-up capital is ₹115 crore and authorised capital is ₹119 crore, so about 97% of the authorised amount has been issued.
When did Innov last file accounts and hold an AGM?
The last AGM on record was on 30 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Innov?
Two charges against Innov are still open. Lenders named in the filings include Standard Chartered Bank.
Have any directors left Innov?
Yes, ten former directors are on record. The most recent to leave were Sudhakar Balakrishnan (November 2023), Chidambaram Anand Sundar Raj (June 2023) and Pooja Prabhakar (July 2022).
Which companies share directors with Innov?
18 companies share directors with Innov. Among them are Firstmeridian Global Services Private Limited, Innovsource Facilities Private Limited, Firstmeridian Business Services Limited and 15 more.
What is the turnover or revenue of Innov?
Based on filed financial statements, the revenue of Innov for FY 2025 was in the ₹1000+ Cr range. That is up 9.8% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Innov?
For FY 2025, the net worth of Innov was in the ₹100–500 Cr range.
How can I get the financial details of Innov?
The latest accounts on record are for FY 2025. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Innov?
The website on record for Innov is https://innov.in.
Which company owns innov.in?
innov.in is the website listed for Innovsource Services Private Limited in its company records.
Innov - is it listed or unlisted?
Innov is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Innov?
Innov is registered with ROC Mumbai.
What is the company classification of Innov?
MCA classifies Innov as: Private Limited Indian Non-Government Company.
Does Innov have subsidiaries?
Yes, one subsidiary is on record for Innov.
Does Innov have GST registrations on file?
Yes, 26 active GST registrations are linked to Innov, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.