Innomac Engineering Industries Private Limited

Manufacturer of machinery equipment, including UV sterilizers, bar bending/cutting machines, and lifts. ISO certified with factories and offices across India.

2019 | Bangalore, Karnataka (India) | Active
Last Updated: July 25, 2024

Innomac Engineering Industries Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 5 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.12 Cr
  • Revenue Growth 82.70%
  • Profit Growth 104.71%
  • Ebitda 107.76%
  • Net Worth 181.31%
  • Total Assets 78.93%

About Innomac Engineering Industries

Innomac Engineering Industries Private Limited (IEIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 19 February 2019 (Five years and 11 months 21 days old ). Its registered office is in Bangalore, 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹5.12 Cr.

Ravi Gopalagowda and Ravi Gowda serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29240KA2019PTC121604

  • Company No.

    121604

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Feb 2019

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Innomac Engineering Industries Private Limited offer?

Innomac Engineering Industries Private Limited offers a wide range of products and services, including Building & Construction Machines, Construction Equipment, Cranes, Forklift & Lifting Machines, Construction Hoist, Elevators & Escalators, Goods Lift, Cutting Machines & Equipment, Cutting Machine, Bending Machine, Straightening Machines.

Who are the key members and board of directors at Innomac Engineering Industries?

Board Members (2)

Name Designation Appointment Date Status
Ravi Gopalagowda Country flag representing In Director 19-Feb-2019 Current
Ravi Gowda Country flag representing In Director 19-Feb-2019 Current

Financial Performance of Innomac Engineering Industries.

Innomac Engineering Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 82.7% increase. The company also saw a substantial improvement in profitability, with a 104.71% increase in profit. The company's net worth Soared by an impressive increase of 181.31%.

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
82.70%
Revenue from Operations
82.70%
Total Assets
78.93%
Profit or Loss
104.71%
Net Worth
181.31%
EBITDA
107.76%

What is the Ownership and Shareholding Structure of Innomac Engineering Industries?

In 2023, Innomac Engineering Industries 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

₹5.12 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 5.12 Cr

Latest Charge Details

Date Lender Amount Status
25 Sep 2023 Karnataka Bank Ltd. ₹1.19 M Open
08 Mar 2022 Karnataka Bank Ltd. ₹5.00 Cr Open

How Many Employees Work at Innomac Engineering Industries?

Innomac Engineering Industries has a workforce of 30 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Innomac Engineering Industries, 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 Innomac Engineering Industries'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 Innomac Engineering Industries

Recent activity within the organization

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 5.00 Cr registered on 08 Mar 2022 with Charge ID 100554085 was modified on 20 Nov 2023.

    20 Nov 2023

  • Annual General Meeting

    Innomac Engineering Industries Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 0.12 Cr with Charge ID 100831983 was registered on 25 Sep 2023.

    25 Sep 2023

  • Balance Sheet

    Innomac Engineering Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 5.00 Cr with Charge ID 100554085 was registered on 08 Mar 2022.

    08 Mar 2022

  • Director Appointment

    Ravi Gopalagowda was appointed as a Director was appointed as a Director on 19 Feb 2019 & has been associated with this company since 5 years 11 months .

    19 Feb 2019

Frequently asked questions

  • Innomac Engineering Industries Private Limited was incorporated on 19 Feb 2019.

  • The authorized share capital of Innomac Engineering Industries Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 2 directors are associated with Innomac Engineering Industries Private Limited.

    • Ravi Gopalagowda
    • Ravi Suvarna Gowda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innomac Engineering Industries Private Limited is No. 13 Narayan Nagar 1St Block Anjanapura Main Road Dodkalsandra, Bangalore, Karnataka, India, 560062.

  • The corporate identification number (CIN) of Innomac Engineering Industries Private Limited is U29240KA2019PTC121604 and the company number is 121604 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Innomac Engineering Industries Private Limited is https://www.innomacindia.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Innomac Engineering Industries Private Limited has risen by 82.70%.

  • As Per 2023 financial reports, 30 employees are currently employed by Innomac Engineering Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Innomac Engineering Industries Private Limited has experienced an upsurge of 181.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Innomac Engineering Industries Private Limited amount to ₹ 5.12 Cr.

  • The most recent Balance Sheet for Innomac Engineering Industries Private Limited was filed with the ROC on 31 Mar 2023.