Initiative Data Systems Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 7.39 M
- Company Age 26 Year, 1 Month
- 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 and one month. 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
- Location
Lucknow, Uttar Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72501UP1999PTC024128
- Company No.
024128
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Jan 1999
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Information Technology
Consumer Electronics & Durables
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.
Initiative Data Systems Private Limited
Explore comprehensive data for Initiative Data Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Initiative Data Systems?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Virendra Kumar  | Additional Director | 06-Apr-2019 | Current |
| Viveka Nand | Director | 18-Jan-1999 | Current |
| Mohan Kumar | Director | 18-Jan-1999 | Current |
| Amit Khatri | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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)
Lks Infra LlpVirendra Kumar is a mutual person
- Sindhuja Fashions Private Limited
Virendra Kumar, Viveka Nand and 1 more are mutual person
- Khatri Estates Private Limited
Virendra Kumar is a mutual person
Charges (Loans)
Open Charges
₹111.20 M
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Initiative Data Systems
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited of Rs. 111.00 M registered on 22 Jun 2015 with Charge ID 10587992 was modified on 05 Jul 2024.
- Director Appointment
Amit Khatri was appointed as a Director was appointed as a Director on 18 Mar 2024 & has been associated with this company since 11 months 29 days .
- Annual General Meeting
Initiative Data Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge registered on 29 Apr 2022 via Charge ID 100576565 with Others was fully satisfied on 03 Jul 2023.
- Balance Sheet
Initiative Data Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.
- Charges
A charge with Others amounted to Rs. 90.00 M with Charge ID 100576565 was registered on 29 Apr 2022.
Frequently asked questions
What is the Incorporation or founding date of Initiative Data Systems Private Limited?
Initiative Data Systems Private Limited was incorporated on 18 Jan 1999.
What is authorized share capital and paid-up capital of Initiative Data Systems Private Limited?
The authorized share capital of Initiative Data Systems Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.39 M.
Who are the current board members & directors of Initiative Data Systems Private Limited?
Currently 4 directors are associated with Initiative Data Systems Private Limited.
- Virendra Kumar
- Viveka Nand
- Mohan Kumar
- Amit Khatri
What is the registered address of Initiative Data Systems Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Initiative Data Systems Private Limited is 9-D Singar Nagaralambagh Kanpur Road Lucknow India, Uttar Pradesh, 226005.
What is the corporate identification number (CIN) and company number of Initiative Data Systems Private Limited?
The corporate identification number (CIN) of Initiative Data Systems Private Limited is U72501UP1999PTC024128 and the company number is 024128 as per Ministry of Corporate Affairs (MCA).
What is the official website of Initiative Data Systems Private Limited?
The Official website of Initiative Data Systems Private Limited is https://www.initiative.co.in
What has been the recent revenue trend for Initiative Data Systems Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Initiative Data Systems Private Limited has fallen by -5.19%.
How many employees does Initiative Data Systems Private Limited currently have?
As Per 2022 financial reports, 30 employees are currently employed by Initiative Data Systems Private Limited.
What change has been observed in the net worth of Initiative Data Systems Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Initiative Data Systems Private Limited has experienced an upsurge of 5.46%.
What are the total open charges for Initiative Data Systems Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Initiative Data Systems Private Limited amount to ₹ 11.12 Cr.
When was the last Balance Sheet of Initiative Data Systems Private Limited filed with the ROC?
The most recent Balance Sheet for Initiative Data Systems Private Limited was filed with the ROC on 31 Mar 2023.
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