Boon Innovations Limited

Founded in 2005 and headquartered in Karnataka, India.

2005 | Bangaluru, Karnataka (India) | Active
Last Updated: December 12, 2024

Boon Innovations Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 4.31 M
  • Company Age 19 Year, 4 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 1.50 M
  • Revenue Growth -62.84%
  • Profit Growth -849.73%
  • Ebitda 38.31%
  • Net Worth -74.95%
  • Total Assets 14.02%

About Boon Innovations

Boon Innovations Limited (BIL) is a Public Limited Indian Non-Government Company incorporated in India on 25 October 2005 and has a history of 19 years and four months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Trading Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2017. It's a company limited by shares with an authorized capital of Rs 6.00 M and a paid-up capital of Rs 4.31 M.

The company currently has active open charges totaling ₹1.50 M.

Salumon Thomas, Arun Pillai, and Mohamed Leva serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72100KA2005PLC037545

  • Company No.

    037545

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Oct 2005

  • Date of AGM

    04 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Trading

Who are the key members and board of directors at Boon Innovations?

Board Members (3)

NameDesignationAppointment DateStatus
Arun Pillai Country flag representing In Director 25-Oct-2005Current
Salumon Thomas Country flag representing In Director 09-Aug-2006Current
Mohamed Leva Country flag representing In Additional Director 01-Mar-2007Current

Financial Performance of Boon Innovations.

Boon Innovations Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 62.84% decrease. The company also saw a substantial fall in profitability, with a 849.73% decrease in profit. The company's net worth observed a substantial decline by a decrease of 74.95%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-62.84%
Revenue from Operations
Total Assets
14.02%
Profit or Loss
-849.73%
Net Worth
-74.95%
EBITDA
38.31%

What is the Ownership and Shareholding Structure of Boon Innovations?

In 2017, Boon Innovations had a promoter holding of 33.69% and a public holding of 66.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Allahabad Bank : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
26 Feb 2007Allahabad Bank₹1.50 MOpen

How Many Employees Work at Boon Innovations?

Unlock and access historical data on people associated with Boon Innovations, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Boon Innovations, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Boon Innovations's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Boon Innovations

Recent activity within the organization

  • Annual General Meeting

    Boon Innovations Limited last Annual general meeting of members was held on 04 Sep 2017 as per latest MCA records.

    04 Sep 2017

  • Balance Sheet

    Boon Innovations Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Bangalore.

    31 Mar 2017

  • Director Appointment

    Mohamed Ashraf Leva was appointed as a Additional Director was appointed as a Additional Director on 01 Mar 2007 & has been associated with this company since 17 years 11 months .

    01 Mar 2007

  • Charges

    A charge with Allahabad Bank amounted to Rs. 1.50 M with Charge ID 10040324 was registered on 26 Feb 2007.

    26 Feb 2007

  • Director Appointment

    Salumon Thomas was appointed as a Director was appointed as a Director on 09 Aug 2006 & has been associated with this company since 18 years 6 months .

    09 Aug 2006

  • Director Appointment

    Arun Aravindakshan Pillai was appointed as a Director was appointed as a Director on 25 Oct 2005 & has been associated with this company since 19 years 4 months .

    25 Oct 2005

Frequently asked questions

  • Boon Innovations Limited was incorporated on 25 Oct 2005.

  • The authorized share capital of Boon Innovations Limited is ₹ 6.00 M and paid-up capital is ₹ 4.31 M.

  • Currently 3 directors are associated with Boon Innovations Limited.

    • Salumon Thomas
    • Arun Aravindakshan Pillai
    • Mohamed Ashraf Leva
  • As per Ministry of Corporate Affairs (Mca), the registered address of Boon Innovations Limited is No. 12 1St Floor Ayyappa Complex . Dinnur Main Road R.T.Nagar, India, Bangalore, Karnataka, 560032.

  • The corporate identification number (CIN) of Boon Innovations Limited is U72100KA2005PLC037545 and the company number is 037545 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Boon Innovations Limited has fallen by -62.84%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Boon Innovations Limited has experienced an downturn of -74.95%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Boon Innovations Limited amount to ₹ 1.50 M.

  • The most recent Balance Sheet for Boon Innovations Limited was filed with the ROC on 31 Mar 2017.

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