Initiative Data Systems Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 7.39 M
- Company Age 26 Year, 26 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 11.12 Cr
- Satisfied Charges ₹ 12.00 Cr
- Revenue Growth -5.19%
- Profit Growth -47.27%
- Ebitda -36.65%
- Net Worth 5.46%
- Total Assets 24.62%
About Initiative Data Systems
Initiative Data Systems Private Limited (IDSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 January 1999 and has a history of 26 years. Its registered office is in Lucknow, Uttar Pradesh, 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 2023. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 7.39 M.
The company currently has active open charges totaling ₹11.12 Cr. The company has closed loans amounting to ₹12.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Virendra Kumar, Viveka Nand, Mohan Kumar, and One other member serve as directors at the Company.
Company Details
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Location
Lucknow, Uttar Pradesh, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U72501UP1999PTC024128
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Company No.
024128
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
18 Jan 1999
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Kanpur
Industry
What products or services does Initiative Data Systems Private Limited offer?
Initiative Data Systems Private Limited offers a wide range of products and services, including LED, LCD, Smart TV and Home Theatre, Smart TV, Home Appliances & Kitchen Appliances, Dishwasher, Cleaning Machines & Equipments, Vacuum Cleaner, Domestic Fans, AC & Coolers, Window Air Conditioner, 4K TV, Salon, Spa Kits & Equipments.
Who are the key members and board of directors at Initiative Data Systems?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Virendra Kumar
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Additional Director | 06-Apr-2019 | Current |
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Viveka Nand
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Director | 18-Jan-1999 | Current |
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Mohan Kumar
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Director | 18-Jan-1999 | Current |
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Amit Khatri
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Director | 18-Mar-2024 | Current |
Financial Performance of Initiative Data Systems.
Initiative Data Systems Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 5.19% decrease. The company also saw a substantial fall in profitability, with a 47.27% decrease in profit. The company's net worth moved up by a moderate rise of 5.46%.
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What is the Ownership and Shareholding Structure of Initiative Data Systems?
In 2022, Initiative Data Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Lks Infra LlpVirendra Kumar is a mutual person
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Sindhuja Fashions Private Limited
Virendra Kumar, Viveka Nand and 1 more are mutual person
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Khatri Estates Private Limited
Virendra Kumar is a mutual person
Charges (Loans)
₹111.20 M
₹120.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 11.10 Cr
- Canara Bank : 0.02 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jun 2015 | Hdfc Bank Limited | ₹11.10 Cr | Open |
| 05 Aug 2002 | Canara Bank | ₹0.20 M | Open |
| 29 Apr 2022 | Others | ₹9.00 Cr | Satisfied |
| 31 Jul 2002 | Canara Bank | ₹3.00 Cr | Satisfied |
How Many Employees Work at Initiative Data Systems?
Initiative Data Systems has a workforce of 30 employees as of Mar 30, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Initiative Data Systems, 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 Initiative Data Systems's trajectory.
Rating
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
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.