Inno Steels Private Limited

Iron product trading and motor parts manufacturing company established in 2019.

2019 | Krishnagiri, Tamil Nadu (India) | Active
Last Updated:

Inno Steels Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 5 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.00 Cr
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth 160.52%
  • Profit Growth 206.55%
  • Ebitda 210.67%
  • Net Worth 179.18%
  • Total Assets 207.72%

About Inno Steels

Inno Steels Private Limited (ISPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 September 2019 (Five years and seven months 13 days old ). Its registered office is in Krishnagiri, Tamil Nadu, India.

The Company is engaged in the Automotive 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 ₹3.00 Cr. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Manickavasagam Rajavelu and Balasundaram Bharathi serve as directors at the Company.

Company Details

  • Location

    Krishnagiri, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27200TN2019PTC131723

  • Company No.

    131723

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 2019

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive
Metals and Minerals
Company report

Inno Steels Private Limited

Explore comprehensive data for Inno Steels Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Inno Steels?

Board Members (2)

NameDesignationAppointment DateStatus
Manickavasagam Rajavelu Country flag representing In Director 20-Sep-2019Current
Balasundaram Bharathi Country flag representing In Director 20-Sep-2019Current

Financial Performance of Inno Steels.

Inno Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 160.52% increase. The company also saw a substantial improvement in profitability, with a 206.55% increase in profit. The company's net worth Soared by an impressive increase of 179.18%.

Inno Steels revenue growth over time
Inno Steels 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
160.52%
Revenue from Operations
160.52%
Total Assets
207.72%
Profit or Loss
206.55%
Net Worth
179.18%
EBITDA
210.67%

What is the Ownership and Shareholding Structure of Inno Steels?

In 2023, Inno Steels had a promoter holding of 55.00% and a public holding of 45.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.00 M

Satisfied Charges

₹5.00 M

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jul 2022Indian Overseas Bank₹3.00 CrOpen
30 Nov 2021Axis Bank Limited₹5.00 MSatisfied

How Many Employees Work at Inno Steels?

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

Employee growth trends for Inno Steels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Inno Steels, 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 Inno Steels'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 Inno Steels

Recent activity within the organization

  • Annual General Meeting

    Inno Steels Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Inno Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with Indian Overseas Bank of Rs. 30.00 M registered on 30 Jul 2022 with Charge ID 100619789 was modified on 26 Jun 2023.

  • Charges

    A charge registered on 30 Nov 2021 via Charge ID 100523578 with Axis Bank Limited was fully satisfied on 21 Sep 2022.

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 30.00 M with Charge ID 100619789 was registered on 30 Jul 2022.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 5.00 M with Charge ID 100523578 was registered on 30 Nov 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Inno Steels Private Limited?

    Inno Steels Private Limited was incorporated on 20 Sep 2019.

  • What is authorized share capital and paid-up capital of Inno Steels Private Limited?

    The authorized share capital of Inno Steels Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Who are the current board members & directors of Inno Steels Private Limited?

    Currently 2 directors are associated with Inno Steels Private Limited.

    • Manickavasagam Rajavelu
    • Balasundaram Bharathi
  • What is the registered address of Inno Steels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Inno Steels Private Limited is B2/1 Sidco Industrial Estate Sipcot Phase-I, India, Hosur, Tamil Nadu, 635126.

  • What is the corporate identification number (CIN) and company number of Inno Steels Private Limited?

    The corporate identification number (CIN) of Inno Steels Private Limited is U27200TN2019PTC131723 and the company number is 131723 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Inno Steels Private Limited?

    The Official website of Inno Steels Private Limited is https://www.innoforge.net

  • What has been the recent revenue trend for Inno Steels Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Inno Steels Private Limited has risen by 160.52%.

  • What change has been observed in the net worth of Inno Steels Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Inno Steels Private Limited has experienced an upsurge of 179.18%.

  • What are the total open charges for Inno Steels Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Inno Steels Private Limited amount to ₹ 3.00 Cr.

  • When was the last Balance Sheet of Inno Steels Private Limited filed with the ROC?

    The most recent Balance Sheet for Inno Steels Private Limited was filed with the ROC on 31 Mar 2024.

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