Ductrove Innovations Private Limited logo

Ductrove Innovations Private Limited

Founded in 2019 headquartered in Karnataka, India.
2019 | Kolar, Karnataka (India) | Active

Last Updated:

November 16, 2024
HomeCompanyDuctrove Innovations Private Limited

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

Board Members(4)

NameDesignationAppointment DateStatus
Smitha Benahalkar In Director 10-Oct-2019Current
Tikam Jain In Director 10-Oct-2019Current
Nikunj Jain In Director 07-Nov-2022Current
Shankarprasad Benahalkar 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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹12.50 Cr

LenderAmountStatus

State Bank Of India

Creation Date: 29 Aug 2020
₹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.

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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.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • 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 1 month .

    07 Nov 2022

  • Charges

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

    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 2 months .

    10 Oct 2019

  • 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 2 months .

    10 Oct 2019

Frequently asked questions

  • Ductrove Innovations Private Limited was incorporated on 10 Oct 2019.

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

  • Currently 4 directors are associated with Ductrove Innovations Private Limited.

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

  • 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).

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

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

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

  • 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%.

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

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

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