Iimb Innovations

Conducts research and provides financial services for incubate companies in SSH field.

2010 | Bangaluru, Karnataka (India) | Active
Last Updated: December 18, 2024

Iimb Innovations Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 4.00 K
  • Company Age 14 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 152.68%
  • Profit Growth 7016.26%
  • Ebitda -70.23%
  • Net Worth 36.54%
  • Total Assets 38.59%

About Iimb Innovations

Iimb Innovations (II) is a leading Private Not For Profit Company incorporated in India on 23 April 2010 and has a history of 14 years and ten months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Financial Services 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 0.10 M and a paid-up capital of Rs 4.00 K , as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Iimb Innovations India is Anand Nagarajan as CEO. Rishikesha Krishnan, Ganesh Krishnan, Hitesh Oberoi, and Four other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    iimb.ac.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U73200KA2010NPL053371

  • Company No.

    053371

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    23 Apr 2010

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Anand Nagarajan CEO21-Sep-2023Current

Board Members (7)

NameDesignationAppointment DateStatus
Venkatesh Panchapagesan Country flag representing Us Director 25-Feb-2019Current
Rishikesha Krishnan Country flag representing In Director 20-Jul-2020Current
Geetha Manjunath Country flag representing In Director 14-Jun-2024Current
Anand Nagarajan Country flag representing In Director 30-Apr-2021Current
Ganesh Krishnan Country flag representing In Director 14-Jun-2024Current
Hitesh Oberoi Country flag representing In Director 14-Jun-2024Current

Financial Performance of Iimb Innovations.

Iimb Innovations, for the financial year ended 2022, experienced significant growth in revenue, with a 152.68% increase. The company also saw a substantial improvement in profitability, with a 7016.26% increase in profit. The company's net worth Soared by an impressive increase of 36.54%.

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
152.68%
Revenue from Operations
58.09%
Total Assets
38.59%
Profit or Loss
7016.26%
Net Worth
36.54%
EBITDA
-70.23%

What is the Ownership and Shareholding Structure of Iimb Innovations?

In 2023, Iimb 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Iimb Innovations?

Iimb Innovations has a workforce of 62 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 Iimb 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 Iimb 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 Iimb Innovations

Recent activity within the organization

  • Annual General Meeting

    Iimb Innovations last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

    23 Sep 2024

  • Director Appointment

    Ganesh Krishnan was appointed as a Director was appointed as a Director on 14 Jun 2024 & has been associated with this company since 8 months 10 days .

    14 Jun 2024

  • Director Appointment

    Hitesh Oberoi was appointed as a Director was appointed as a Director on 14 Jun 2024 & has been associated with this company since 8 months 10 days .

    14 Jun 2024

  • Director Appointment

    Geetha Manjunath was appointed as a Director was appointed as a Director on 14 Jun 2024 & has been associated with this company since 8 months 10 days .

    14 Jun 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Anand Sriganesh Nagarajan was appointed as a Ceo was appointed as a Ceo on 21 Sep 2023 & has been associated with this company since 1 year 5 months .

    21 Sep 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Iimb Innovations was incorporated on 23 Apr 2010.

  • The authorized share capital of Iimb Innovations is ₹ 0.10 M and paid-up capital is ₹ 4.00 K .

  • Currently 8 directors are associated with Iimb Innovations.

    • Rishikesha Thiruvenkata Krishnan
    • Ganesh Krishnan
    • Hitesh Oberoi
    • Srivardhini Keshavamurthy
    • Anand Sriganesh Nagarajan
    • Geetha Manjunath
    • Venkatesh Panchapagesan
    • Anand Sriganesh Nagarajan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Iimb Innovations is Indian Institute Of Management Bannerghatta Main Road India, Bangalore, Karnataka, 560076.

  • The corporate identification number (CIN) of Iimb Innovations is U73200KA2010NPL053371 and the company number is 053371 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Iimb Innovations is https://www.iimb.ac.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Iimb Innovations has risen by 152.68%.

  • As Per 2022 financial reports, 62 employees are currently employed by Iimb Innovations.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Iimb Innovations has experienced an upsurge of 36.54%.

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

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