Efficient Innovations Private Limited

A company that manufactures, exports, and deals with various machineries, accessories, and appliances.

2015 | Mumbai, Maharashtra (India) | Active
Last Updated: November 15, 2024

Efficient Innovations Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 9 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 M
  • Satisfied Charges ₹ 7.30 Cr
  • Revenue Growth -5.47%
  • Profit Growth -3.50%
  • Ebitda 21.24%
  • Net Worth 14.60%
  • Total Assets -1.22%

About Efficient Innovations

Efficient Innovations Private Limited (EIPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 October 2015 (Nine years and four months 5 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Engineering 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹5.00 M. The company has closed loans amounting to ₹7.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pankaj Mehta, Triptiswati Mehta, and Karan Mehta serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29253MH2015PTC269508

  • Company No.

    269508

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Oct 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Engineering

What products or services does Efficient Innovations Private Limited offer?

Efficient Innovations Private Limited offers a wide range of products and services, including Material Testing Labs & Services, Industrial Testing Service.

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

Board Members (3)

NameDesignationAppointment DateStatus
Karan Mehta Country flag representing In Director 25-May-2019Current
Pankaj Mehta Country flag representing In Director 23-Oct-2015Current
Triptiswati Mehta Country flag representing In Director 23-Oct-2015Current

Financial Performance of Efficient Innovations.

Efficient Innovations Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.47% decrease. The company also saw a slight decrease in profitability, with a 3.5% decrease in profit. The company's net worth Soared by an impressive increase of 14.6%.

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
-5.47%
Revenue from Operations
-3.69%
Total Assets
-1.22%
Profit or Loss
-3.50%
Net Worth
14.60%
EBITDA
21.24%

What is the Ownership and Shareholding Structure of Efficient Innovations?

In 2023, Efficient Innovations had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.00 M

Satisfied Charges

₹73.00 M

Charges Breakdown by Lending Institutions

  • Others : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
21 Mar 2024Others₹5.00 MOpen
12 Nov 2021Hdfc Bank Limited₹7.15 CrSatisfied
02 Nov 2016Hdfc Bank Limited₹1.50 MSatisfied

How Many Employees Work at Efficient Innovations?

Efficient Innovations has a workforce of 34 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Efficient 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

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

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 M with Charge ID 100940976 was registered on 21 Mar 2024.

    21 Mar 2024

  • Charges

    A charge registered on 12 Nov 2021 via Charge ID 100501249 with Hdfc Bank Limited was fully satisfied on 16 Jan 2024.

    16 Jan 2024

  • Charges

    A charge registered on 02 Nov 2016 via Charge ID 100066441 with Hdfc Bank Limited was fully satisfied on 16 Jan 2024.

    16 Jan 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 71.50 M with Charge ID 100501249 was registered on 12 Nov 2021.

    12 Nov 2021

Frequently asked questions

  • Efficient Innovations Private Limited was incorporated on 23 Oct 2015.

  • The authorized share capital of Efficient Innovations Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Efficient Innovations Private Limited.

    • Pankaj Shashikant Mehta
    • Triptiswati Pankaj Mehta
    • Karan Pankaj Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Efficient Innovations Private Limited is Swastik Sadan Plot No.263 8Th Road, Khar (West) India, Mumbai, Maharashtra, 400052.

  • The corporate identification number (CIN) of Efficient Innovations Private Limited is U29253MH2015PTC269508 and the company number is 269508 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Efficient Innovations Private Limited is https://www.efficientinnovations.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Efficient Innovations Private Limited has fallen by -5.47%.

  • As Per 2023 financial reports, 34 employees are currently employed by Efficient Innovations Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Efficient Innovations Private Limited has experienced an upsurge of 14.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Efficient Innovations Private Limited amount to ₹ 5.00 M.

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

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