Induce Technologies Private Limited

Provides information technology services.

2017 | Delhi (India) | Active
Last Updated: December 18, 2024

Induce Technologies Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 10 Months
  • Last Filing with ROC 31 Mar 2020
  • Revenue Growth -71.79%
  • Profit Growth -13.57%
  • Ebitda -23.76%
  • Net Worth 16.65%
  • Total Assets 17.75%

About Induce Technologies

Induce Technologies Private Limited (ITPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 April 2017 (Seven years and ten months 4 days old ). Its registered office is in Delhi, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Luvkesh Sangwan and Vikas Kumar serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999DL2017PTC315754

  • Company No.

    315754

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Apr 2017

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Information Technology

Who are the key members and board of directors at Induce Technologies?

Board Members (2)

Name Designation Appointment Date Status
Luvkesh Sangwan Country flag representing In Additional Director 07-Aug-2019 Current
Vikas Kumar Country flag representing In Director 07-Apr-2017 Current

Financial Performance of Induce Technologies.

Induce Technologies Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 71.79% decrease. The company also saw a substantial fall in profitability, with a 13.57% decrease in profit. The company's net worth Soared by an impressive increase of 16.65%.

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
-71.79%
Revenue from Operations
-71.79%
Total Assets
17.75%
Profit or Loss
-13.57%
Net Worth
16.65%
EBITDA
-23.76%

What is the Ownership and Shareholding Structure of Induce Technologies?

In 2020, Induce Technologies 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 Induce Technologies?

Unlock and access historical data on people associated with Induce Technologies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Induce Technologies, 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 Induce Technologies'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 Induce Technologies

Recent activity within the organization

  • Annual General Meeting

    Induce Technologies Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    Induce Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Delhi.

    31 Mar 2020

  • Director Appointment

    Luvkesh Sangwan was appointed as a Additional Director was appointed as a Additional Director on 07 Aug 2019 & has been associated with this company since 5 years 6 months .

    07 Aug 2019

  • Director Appointment

    Vikas Kumar was appointed as a Director was appointed as a Director on 07 Apr 2017 & has been associated with this company since 7 years 10 months .

    07 Apr 2017

  • Company Incorporation

    Induce Technologies Private Limited was registered on 07 Apr 2017 with Roc Delhi & aged 7 years 10 months as per MCA records.

    07 Apr 2017

Frequently asked questions

  • Induce Technologies Private Limited was incorporated on 07 Apr 2017.

  • The authorized share capital of Induce Technologies Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Induce Technologies Private Limited.

    • Luvkesh Sangwan
    • Vikas Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Induce Technologies Private Limited is H.No - B-134 Anand Pur Dham Village Karala India, Delhi, 110081.

  • The corporate identification number (CIN) of Induce Technologies Private Limited is U74999DL2017PTC315754 and the company number is 315754 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Induce Technologies Private Limited has fallen by -71.79%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Induce Technologies Private Limited has experienced an upsurge of 16.65%.

  • The most recent Balance Sheet for Induce Technologies Private Limited was filed with the ROC on 31 Mar 2020.

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