Innocorp Limited

Manufacturer of plastic molded products, specializing in injection molding and processing various grades of plastic.

1994 | Hyderabad, Telangana (India) | Active
Last Updated: November 16, 2024

Innocorp Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 7.94 Cr
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 M
  • Satisfied Charges ₹ 31.18 Cr
  • Revenue Growth 1220.33%
  • Profit Growth 2304.15%
  • Ebitda -1109.91%
  • Net Worth 427.79%
  • Total Assets 44.57%

About Innocorp

Innocorp Limited (IL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 September 1994 and has a history of 30 years and four months. Its registered office is in Hyderabad, Telangana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531929.

The Corporate was formerly known as Innosoft Technologies Limited. The Company is engaged in the Manufacturing 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 12.00 Cr and a paid-up capital of Rs 7.94 Cr.

The company currently has active open charges totaling ₹2.00 M. The company has closed loans amounting to ₹31.18 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Innocorp Limited India are Sahu Garapati as CFO and Karishma Jain as Company Secretary. Venkata Prasasd, Lakshmi Garapati, Venu Garapati, and Three other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L99999TG1994PLC018364

  • Company No.

    018364

  • Stock Symbol

    BSE : 531929

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Sep 1994

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Manufacturing

What products or services does Innocorp Limited offer?

Innocorp Limited offers a wide range of products and services, including Storage Bins, Bucket and Mug, Plastic Buckets, Dinnerware and Serving Utensils, Bowl, Plastic Bins, Plant Pots, Plastic Pot, Plastic Bowls, Storage Boxes.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Lakshmi Garapati Country flag representing In Managing Director02-Sep-2021Current
Sahu Garapati Country flag representing In CFO13-Feb-2019Current
Karishma Jain Company Secretary22-May-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Venu Garapati Country flag representing In Director 13-Feb-2019Current
Venkata Prasasd Country flag representing In Whole-Time Director 01-May-2009Current
Neralla Rao Country flag representing In Director 02-Sep-2021Current
Venkata Alapati Country flag representing In Director 02-Sep-2021Current
Naga Mangalapurapu Country flag representing In Director 08-Feb-2018Current

Financial Performance of Innocorp.

Innocorp Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1220.33% increase. The company also saw a substantial improvement in profitability, with a 2304.15% increase in profit. The company's net worth Soared by an impressive increase of 427.79%.

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
1220.33%
Revenue from Operations
-71.31%
Total Assets
44.57%
Profit or Loss
2304.15%
Net Worth
427.79%
EBITDA
-1109.91%

What is the Ownership and Shareholding Structure of Innocorp?

In 2022, Innocorp had a promoter holding of 29.67% and a public holding of 70.34%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.20 Cr

Satisfied Charges

₹31.18 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
29 Oct 2018Others₹2.00 MOpen
21 Jun 2013Andhra Bank₹4.24 CrSatisfied
02 Jul 2010Uco Bank₹3.40 CrSatisfied
13 Mar 2006Uco Bank₹1.50 CrSatisfied
08 Dec 2005Punjab National Bank₹1.00 CrSatisfied

How Many Employees Work at Innocorp?

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

Recent activity within the organization

  • Director Appointment

    Karishma Hemraj Jain was appointed as a Company Secretary was appointed as a Company Secretary on 22 May 2024 & has been associated with this company since 8 months 10 days .

    22 May 2024

  • Annual General Meeting

    Innocorp Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Balance Sheet

    Innocorp Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge registered on 21 Jun 2013 via Charge ID 10441998 with Andhra Bank was fully satisfied on 09 Nov 2021.

    09 Nov 2021

  • Director Appointment

    Lakshmi Vvv Garapati was appointed as a Managing Director was appointed as a Managing Director on 02 Sep 2021 & has been associated with this company since 3 years 4 months .

    02 Sep 2021

  • Director Appointment

    Venu Garapati was appointed as a Director was appointed as a Director on 13 Feb 2019 & has been associated with this company since 5 years 11 months .

    13 Feb 2019

Frequently asked questions

  • Innocorp Limited was incorporated on 21 Sep 1994.

  • The authorized share capital of Innocorp Limited is ₹ 12.00 Cr and paid-up capital is ₹ 7.94 Cr.

  • Currently 8 directors are associated with Innocorp Limited.

    • Venkata Garapati Siva Sundara Prasasd
    • Lakshmi Vvv Garapati
    • Venu Garapati
    • Neralla Seshagiri Rao
    • Venkata Narasimharao Alapati
    • Sahu Garapati
    • Karishma Hemraj Jain
    • Naga Mohan Babu Mangalapurapu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innocorp Limited is 8-2-269/C/100 Sagar Society Behind Sbi Kohinoor Branch Road No-2, Banjarahills India, Hyderabad, Telangana, 500034.

  • The corporate identification number (CIN) of Innocorp Limited is L99999TG1994PLC018364 and the company number is 018364 as per Ministry of Corporate Affairs (MCA).

  • Yes, Innocorp Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Innocorp Limited is https://www.innocorpltd.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Innocorp Limited has risen by 1220.33%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Innocorp Limited has experienced an upsurge of 427.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Innocorp Limited amount to ₹ 2.00 M.

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

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