Innocore Solutions Profile
Key Indicators
- Authorised Capital ₹ 0.90 M
as on 30-07-2024
- Paid Up Capital ₹ 0.62 M
as on 30-07-2024
- Company Age 16 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.10 Cr
as on 30-07-2024
- Revenue 11.70%
(FY 2023)
- Profit -3753.27%
(FY 2023)
- Ebitda 89.24%
(FY 2023)
- Net Worth -13.42%
(FY 2023)
- Total Assets 3.53%
(FY 2023)
About Innocore Solutions
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 0.90 M and a paid-up capital of Rs 0.62 M.
The company currently has active open charges totaling ₹5.10 Cr.
Rajanala Prasad and Devaraju Parankusharao serve as directors at the Company.
- CIN/LLPIN
U72200TG2008PTC057502
- Company No.
057502
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Feb 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Innocore Solutions?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajanala Prasad  | Director | 07-Feb-2008 | Current |
| Devaraju Parankusharao | Director | 30-Sep-2019 | Current |
Financial Performance of Innocore Solutions.
Innocore Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.7% increase. The company also saw a substantial fall in profitability, with a 3753.27% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.42%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Innocore Solutions?
In 2023, Innocore Solutions 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)
- Hansha Infrastructure Private LimitedActive 6 years 10 months
Rajanala Prasad and Devaraju Parankusharao are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 22 Mar 2022 | ₹1.82 Cr | Open |
Axis Bank Limited Creation Date: 24 Jul 2020 | ₹3.28 Cr | Open |
How Many Employees Work at Innocore Solutions?
Innocore Solutions has a workforce of 24 employees as of Apr 10, 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 Innocore Solutions, 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 Innocore Solutions'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.
