Ductrove Innovations Private Limited

Founded in 2019 and headquartered in Karnataka, India.

2019 | Kolar, Karnataka (India) | Active
Last Updated:

Ductrove Innovations Profile

Key Indicators

  • Authorised Capital ₹ 24.10 Cr
  • Paid Up Capital ₹ 23.56 Cr
  • Company Age 5 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.50 Cr
  • Revenue Growth 4.69%
  • Profit Growth -19.91%
  • Ebitda -39.27%
  • Net Worth -216.79%
  • Total Assets -16.68%

About Ductrove Innovations

Ductrove Innovations Private Limited (DIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 10 October 2019 (Five years and six months 5 days old ). Its registered office is in Kolar, Karnataka, India.

The Company is engaged in the Telecom Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 24.10 Cr and a paid-up capital of Rs 23.56 Cr.

The company currently has active open charges totaling ₹12.50 Cr.

Tikam Jain, Nikunj Jain, Shankarprasad Benahalkar, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolar, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25200KA2019PTC150017

  • Company No.

    082994

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Oct 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Telecom

What products or services does Ductrove Innovations Private Limited offer?

Ductrove Innovations Private Limited offers a wide range of products and services, including Electrical Conduits and Fittings, Conduit Pipes, PVC, FRP, HDPE & Other Plastic Pipes, Underground HDPE Pipes, Metal Pipe & Plumbing Fittings, Pipe Couplings, Pipe Plugs, Agricultural Pipes, Automobile Fittings & Components, Automotive Spare Parts.

Company report

Ductrove Innovations Private Limited

Explore comprehensive data for Ductrove Innovations Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (4)

NameDesignationAppointment DateStatus
Smitha Benahalkar Country flag representing In Director 10-Oct-2019Current
Tikam Jain Country flag representing In Director 10-Oct-2019Current
Nikunj Jain Country flag representing In Director 07-Nov-2022Current
Shankarprasad Benahalkar Country flag representing In Director 10-Oct-2019Current

Financial Performance of Ductrove Innovations.

Ductrove Innovations Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.69% increase. The company also saw a substantial fall in profitability, with a 19.91% decrease in profit. The company's net worth observed a substantial decline by a decrease of 216.79%.

Ductrove Innovations revenue growth over time
Ductrove Innovations 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
4.69%
Revenue from Operations
4.53%
Total Assets
-16.68%
Profit or Loss
-19.91%
Net Worth
-216.79%
EBITDA
-39.27%

What is the Ownership and Shareholding Structure of Ductrove Innovations?

In 2023, Ductrove Innovations had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 12.50 Cr

Latest Charge Details

DateLenderAmountStatus
29 Aug 2020State Bank Of India₹12.50 CrOpen

How Many Employees Work at Ductrove Innovations?

Ductrove Innovations has a workforce of 18 employees as of Mar 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Ductrove Innovations Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ductrove 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 Ductrove 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 Ductrove Innovations

Recent activity within the organization

  • Annual General Meeting

    Ductrove Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Ductrove Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Nikunj Jain was appointed as a Director was appointed as a Director on 07 Nov 2022 & has been associated with this company since 2 years 5 months .

  • Charges

    A charge with State Bank Of India amounted to Rs. 12.50 Cr with Charge ID 100367457 was registered on 29 Aug 2020.

  • Director Appointment

    Tikam Chand Jain was appointed as a Director was appointed as a Director on 10 Oct 2019 & has been associated with this company since 5 years 6 months .

  • Director Appointment

    Smitha Shankarprasad Benahalkar was appointed as a Director was appointed as a Director on 10 Oct 2019 & has been associated with this company since 5 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Ductrove Innovations Private Limited?

    Ductrove Innovations Private Limited was incorporated on 10 Oct 2019.

  • What is authorized share capital and paid-up capital of Ductrove Innovations Private Limited?

    The authorized share capital of Ductrove Innovations Private Limited is ₹ 24.10 Cr and paid-up capital is ₹ 23.56 Cr.

  • Who are the current board members & directors of Ductrove Innovations Private Limited?

    Currently 4 directors are associated with Ductrove Innovations Private Limited.

    • Tikam Chand Jain
    • Nikunj Jain
    • Shankarprasad Subbanna Benahalkar
    • Smitha Shankarprasad Benahalkar

  • What is the registered address of Ductrove Innovations Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ductrove Innovations Private Limited is 41 Industrial Area Development Board Area, Chikkaballapur India, Bangalore, Karnataka, 562101.

  • What is the corporate identification number (CIN) and company number of Ductrove Innovations Private Limited?

    The corporate identification number (CIN) of Ductrove Innovations Private Limited is U25200KA2019PTC150017 and the company number is 082994 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ductrove Innovations Private Limited?

    The Official website of Ductrove Innovations Private Limited is https://www.ductrove.com

  • What has been the recent revenue trend for Ductrove Innovations Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ductrove Innovations Private Limited has risen by 4.69%.

  • How many employees does Ductrove Innovations Private Limited currently have?

    As Per 2023 financial reports, 18 employees are currently employed by Ductrove Innovations Private Limited.

  • What change has been observed in the net worth of Ductrove Innovations Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ductrove Innovations Private Limited has experienced an downturn of -216.79%.

  • What are the total open charges for Ductrove Innovations Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ductrove Innovations Private Limited amount to ₹ 12.50 Cr.

  • When was the last Balance Sheet of Ductrove Innovations Private Limited filed with the ROC?

    The most recent Balance Sheet for Ductrove Innovations Private Limited was filed with the ROC on 31 Mar 2024.

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