Initsol Private Limited

Specializes in software design, development, customization, implementation, maintenance, and IT solutions.

2018 | Pune, Maharashtra (India) | Active
Last Updated: October 24, 2024

Initsol Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 6 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.50 M
  • Revenue Growth 9.91%
  • Profit Growth 147.40%
  • Ebitda 32.99%
  • Net Worth 115.47%
  • Total Assets -11.56%

About Initsol

Initsol Private Limited (IPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 September 2018 (Six years and four months 8 days old ). Its registered office is in Pune, Maharashtra, 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 1.00 M and a paid-up capital of Rs 0.12 M.

The company currently has active open charges totaling ₹4.50 M.

Anand Gangwal, Ashutosh Pethe, and Preeti Somani serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900PN2018PTC179206

  • Company No.

    179206

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Sep 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Information Technology

Who are the key members and board of directors at Initsol?

Board Members (3)

Name Designation Appointment Date Status
Anand Gangwal Country flag representing In Director 13-Aug-2019 Current
Ashutosh Pethe Country flag representing In Director 30-Jul-2019 Current
Preeti Somani Country flag representing In Director 30-Sep-2022 Current

Financial Performance of Initsol.

Initsol Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.91% increase. The company also saw a substantial improvement in profitability, with a 147.4% increase in profit. The company's net worth Soared by an impressive increase of 115.47%.

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
9.91%
Revenue from Operations
Total Assets
-11.56%
Profit or Loss
147.40%
Net Worth
115.47%
EBITDA
32.99%

What is the Ownership and Shareholding Structure of Initsol?

In 2023, Initsol 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)

Open Charges

₹4.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.45 Cr

Latest Charge Details

Date Lender Amount Status
10 May 2021 Others ₹4.50 M Open

How Many Employees Work at Initsol?

Unlock and access historical data on people associated with Initsol, 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 Initsol, 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 Initsol'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 Initsol

Recent activity within the organization

  • Annual General Meeting

    Initsol Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Initsol Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Preeti Manish Somani was appointed as a Director was appointed as a Director on 30 Sep 2022 & has been associated with this company since 2 years 4 months .

    30 Sep 2022

  • Charges

    A charge with Others amounted to Rs. 4.50 M with Charge ID 100446921 was registered on 10 May 2021.

    10 May 2021

  • Director Appointment

    Anand Kalyan Gangwal was appointed as a Director was appointed as a Director on 13 Aug 2019 & has been associated with this company since 5 years 5 months .

    13 Aug 2019

  • Director Appointment

    Ashutosh Sudhakar Pethe was appointed as a Director was appointed as a Director on 30 Jul 2019 & has been associated with this company since 5 years 6 months .

    30 Jul 2019

Frequently asked questions

  • Initsol Private Limited was incorporated on 28 Sep 2018.

  • The authorized share capital of Initsol Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.12 M.

  • Currently 3 directors are associated with Initsol Private Limited.

    • Anand Kalyan Gangwal
    • Ashutosh Sudhakar Pethe
    • Preeti Manish Somani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Initsol Private Limited is Flat No 202 Cts 1095/D Fp 474 /3 Rugved Bhamburda Shivajinagar Model Colo Ny India, Pune, Maharashtra, 411016.

  • The corporate identification number (CIN) of Initsol Private Limited is U72900PN2018PTC179206 and the company number is 179206 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Initsol Private Limited has risen by 9.91%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Initsol Private Limited has experienced an upsurge of 115.47%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Initsol Private Limited amount to ₹ 4.50 M.

  • The most recent Balance Sheet for Initsol Private Limited was filed with the ROC on 31 Mar 2023.

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