Innocore Solutions Profile
Key Indicators
- Authorised Capital ₹ 0.90 M
- Paid Up Capital ₹ 0.62 M
- Company Age 17 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.10 Cr
- Revenue Growth 11.70%
- Profit Growth -3753.27%
- Ebitda 89.24%
- Net Worth -13.42%
- Total Assets 3.53%
About Innocore Solutions
Innocore Solutions Private Limited (ISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 February 2008 and has a history of 17 years and two months. Its registered office is in Hyderabad, Telangana, 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 2024. 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.
Devaraju Parankusharao and Rajanala Prasad serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200TG2008PTC057502
- Company No.
057502
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Feb 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Information Technology
Innocore Solutions Private Limited
Explore comprehensive data for Innocore Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Innocore Solutions?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Devaraju Parankusharao  | Director | 30-Sep-2019 | Current |
| Rajanala Prasad | Director | 07-Feb-2008 | 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
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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.
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Charges (Loans)
Open Charges
₹50.98 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 5.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 2022 | Axis Bank Limited | ₹1.82 Cr | Open |
| 24 Jul 2020 | Axis Bank Limited | ₹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.
Latest Updates, News, and FAQs on Innocore Solutions
Recent activity within the organization
- Annual General Meeting
Innocore Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Innocore Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Charges
A charge with Axis Bank Limited amounted to Rs. 18.23 M with Charge ID 100550165 was registered on 22 Mar 2022.
- Charges
A charge with Axis Bank Limited amounted to Rs. 32.76 M with Charge ID 100361523 was registered on 24 Jul 2020.
- Director Appointment
Devaraju Parankusharao was appointed as a Director was appointed as a Director on 30 Sep 2019 & has been associated with this company since 5 years 6 months .
- Director Appointment
Rajanala Venkata Subramanya Prasad was appointed as a Director was appointed as a Director on 07 Feb 2008 & has been associated with this company since 17 years 2 months .
Frequently asked questions
What is the Incorporation or founding date of Innocore Solutions Private Limited?
Innocore Solutions Private Limited was incorporated on 07 Feb 2008.
What is authorized share capital and paid-up capital of Innocore Solutions Private Limited?
The authorized share capital of Innocore Solutions Private Limited is ₹ 0.90 M and paid-up capital is ₹ 0.62 M.
Who are the current board members & directors of Innocore Solutions Private Limited?
Currently 2 directors are associated with Innocore Solutions Private Limited.
- Devaraju Parankusharao
- Rajanala Venkata Subramanya Prasad
What is the registered address of Innocore Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Innocore Solutions Private Limited is 6-3-252/2/6 Behind Taj Krishna, Erramanzil India, Hyderabad, Telangana, 500082.
What is the corporate identification number (CIN) and company number of Innocore Solutions Private Limited?
The corporate identification number (CIN) of Innocore Solutions Private Limited is U72200TG2008PTC057502 and the company number is 057502 as per Ministry of Corporate Affairs (MCA).
What is the official website of Innocore Solutions Private Limited?
The Official website of Innocore Solutions Private Limited is https://www.innocoreinc.com
What has been the recent revenue trend for Innocore Solutions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Innocore Solutions Private Limited has risen by 11.70%.
How many employees does Innocore Solutions Private Limited currently have?
As Per 2023 financial reports, 24 employees are currently employed by Innocore Solutions Private Limited.
What change has been observed in the net worth of Innocore Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Innocore Solutions Private Limited has experienced an downturn of -13.42%.
What are the total open charges for Innocore Solutions Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Innocore Solutions Private Limited amount to ₹ 5.10 Cr.
When was the last Balance Sheet of Innocore Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Innocore Solutions Private Limited was filed with the ROC on 31 Mar 2024.
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