Innocenter Agritech Private Limited

Agricultural machinery installation services since 2017, based in Karnataka.

2017 | Sirsi, Karnataka (India) | Active
Last Updated: July 07, 2024

Innocenter Agritech Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.90 M
  • Company Age 8 Year, 20 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.00 M
  • Revenue Growth -44.86%
  • Profit Growth -267.88%
  • Ebitda -81.67%
  • Net Worth -209.71%
  • Total Assets -64.54%

About Innocenter Agritech

Innocenter Agritech Private Limited (IAPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 13 January 2017 (Eight years 20 days old ). Its registered office is in Sirsi, Karnataka, India.

The Company is engaged in the Machinery And Equipment 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 0.90 M.

The company currently has active open charges totaling ₹1.00 M.

Niteen Shastri, James Vaz, Raveesh Hegde, and Two other members serve as directors at the Company.

Company Details

  • Location

    Sirsi, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2017PTC099171

  • Company No.

    099171

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jan 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

Who are the key members and board of directors at Innocenter Agritech?

Board Members (5)

Name Designation Appointment Date Status
Niteen Shastri Country flag representing In Director 11-Apr-2022 Current
James Vaz Country flag representing In Director 11-Apr-2022 Current
Raveesh Hegde Country flag representing In Director 01-Jul-2022 Current
Shivarama Krishna Country flag representing In Director 13-Jan-2017 Current
Deepak Hegde Country flag representing In Director 06-Dec-2018 Current

Financial Performance of Innocenter Agritech.

Innocenter Agritech Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 44.86% decrease. The company also saw a substantial fall in profitability, with a 267.88% decrease in profit. The company's net worth observed a substantial decline by a decrease of 209.71%.

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
-44.86%
Revenue from Operations
-44.92%
Total Assets
-64.54%
Profit or Loss
-267.88%
Net Worth
-209.71%
EBITDA
-81.67%

What is the Ownership and Shareholding Structure of Innocenter Agritech?

In 2023, Innocenter Agritech 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

₹1.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
21 Mar 2018 Canara Bank ₹1.00 M Open

How Many Employees Work at Innocenter Agritech?

Unlock and access historical data on people associated with Innocenter Agritech, 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 Innocenter Agritech, 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 Innocenter Agritech'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 Innocenter Agritech

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Innocenter Agritech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Raveesh Achut Hegde was appointed as a Director was appointed as a Director on 01 Jul 2022 & has been associated with this company since 2 years 7 months .

    01 Jul 2022

  • Director Appointment

    Niteen Sripathi Shastri was appointed as a Director was appointed as a Director on 11 Apr 2022 & has been associated with this company since 2 years 9 months .

    11 Apr 2022

  • Director Appointment

    James Anthon Vaz was appointed as a Director was appointed as a Director on 11 Apr 2022 & has been associated with this company since 2 years 9 months .

    11 Apr 2022

  • Director Appointment

    Deepak Rajaram Hegde was appointed as a Director was appointed as a Director on 06 Dec 2018 & has been associated with this company since 6 years 2 months .

    06 Dec 2018

Frequently asked questions

  • Innocenter Agritech Private Limited was incorporated on 13 Jan 2017.

  • The authorized share capital of Innocenter Agritech Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.90 M.

  • Currently 5 directors are associated with Innocenter Agritech Private Limited.

    • Niteen Sripathi Shastri
    • James Anthon Vaz
    • Raveesh Achut Hegde
    • Shivarama Hegde Krishna
    • Deepak Rajaram Hegde
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innocenter Agritech Private Limited is No.4BShanti Nivas Near Tss Rice Mill New Market Yard, Sirsi, Karnataka, India, 581402.

  • The corporate identification number (CIN) of Innocenter Agritech Private Limited is U74999KA2017PTC099171 and the company number is 099171 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Innocenter Agritech Private Limited is https://www.innocenter.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Innocenter Agritech Private Limited has fallen by -44.86%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Innocenter Agritech Private Limited has experienced an downturn of -209.71%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Innocenter Agritech Private Limited amount to ₹ 1.00 M.

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

Similar Companies Based on Industrial Machinery Manufacturing