Incentive Solutions Private Limited

Global trading and support services for retail and wholesale businesses, established in 2018.

2018 | Chandigarh (India) | Active
Last Updated: December 09, 2024

Incentive Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 6 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.00 M
  • Revenue Growth 76.13%
  • Profit Growth 10.03%
  • Ebitda 45.61%
  • Net Worth 201.52%
  • Total Assets 11.36%

About Incentive Solutions

Incentive Solutions Private Limited (ISPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 30 August 2018 (Six years and five months 16 days old ). Its registered office is in Chandigarh, India.

The Company is engaged in the Business Outsourcing 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹9.00 M.

Jeevan Jyot and Swati Sharma serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999CH2018PTC042124

  • Company No.

    042124

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Aug 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Business Outsourcing

Who are the key members and board of directors at Incentive Solutions?

Board Members (2)

Name Designation Appointment Date Status
Swati Sharma Country flag representing In Director 29-Jul-2020 Current
Jeevan Jyot Country flag representing In Director 30-Aug-2018 Current

Financial Performance of Incentive Solutions.

Incentive Solutions Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 76.13% increase. The company also saw a substantial improvement in profitability, with a 10.03% increase in profit. The company's net worth Soared by an impressive increase of 201.52%.

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
76.13%
Revenue from Operations
76.22%
Total Assets
11.36%
Profit or Loss
10.03%
Net Worth
201.52%
EBITDA
45.61%

What is the Ownership and Shareholding Structure of Incentive Solutions?

Unlock access to Incentive Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.90 Cr

Latest Charge Details

Date Lender Amount Status
12 Aug 2023 Canara Bank ₹2.00 M Open
25 Aug 2020 Canara Bank ₹7.00 M Open

How Many Employees Work at Incentive Solutions?

Incentive Solutions has a workforce of 15 employees as of Mar 28, 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 Incentive Solutions, 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 Incentive Solutions'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 Incentive Solutions

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Incentive Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 2.00 M with Charge ID 100781872 was registered on 12 Aug 2023.

    12 Aug 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 7.00 M with Charge ID 100361731 was registered on 25 Aug 2020.

    25 Aug 2020

  • Director Appointment

    Swati Nagpal Sharma was appointed as a Director was appointed as a Director on 29 Jul 2020 & has been associated with this company since 4 years 6 months .

    29 Jul 2020

  • Director Appointment

    Jeevan Jyot was appointed as a Director was appointed as a Director on 30 Aug 2018 & has been associated with this company since 6 years 5 months .

    30 Aug 2018

Frequently asked questions

  • Incentive Solutions Private Limited was incorporated on 30 Aug 2018.

  • The authorized share capital of Incentive Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Incentive Solutions Private Limited.

    • Jeevan Jyot
    • Swati Nagpal Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Incentive Solutions Private Limited is S.C.O 705 Second Floor Nac Manimajra, India, Chandigarh, 160101.

  • The corporate identification number (CIN) of Incentive Solutions Private Limited is U74999CH2018PTC042124 and the company number is 042124 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Incentive Solutions Private Limited has risen by 76.13%.

  • As Per 2021 financial reports, 15 employees are currently employed by Incentive Solutions Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Incentive Solutions Private Limited has experienced an upsurge of 201.52%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Incentive Solutions Private Limited amount to ₹ 9.00 M.

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

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