Innomet Advanced Materials Limited

Manufactures and supplies metal and alloy powders for various industries.

2019 | Medak, Telangana (India) | Active
Last Updated: November 16, 2024

Innomet Advanced Materials Profile

Key Indicators

  • Authorised Capital ₹ 14.00 Cr
  • Paid Up Capital ₹ 12.94 Cr
  • Company Age 5 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.86 Cr
  • Revenue Growth 21.18%
  • Profit Growth 482.84%
  • Ebitda 11.32%
  • Net Worth 85.88%
  • Total Assets 42.06%

About Innomet Advanced Materials

Innomet Advanced Materials Limited (IAML) is a Public Limited Indian Non-Government Company incorporated in India on 24 April 2019 (Five years and ten months 0 days old ). Its registered office is in Medak, Telangana, India.

The Company is engaged in the Metals And Minerals 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 14.00 Cr and a paid-up capital of Rs 12.94 Cr.

The company currently has active open charges totaling ₹9.86 Cr.

The Key Managerial Personnel (KMP) at Innomet Advanced Materials Limited India are Aanchal Sethia as COMPANY SECRETARY and Saritha Chilakapati as Cfo. Myneni Rao, Chadalavada Rao, Bhanu Kota, and Three other members serve as directors at the Company.

Company Details

  • Location

    Medak, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    innomet.net

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27101TG2019PLC132262

  • Company No.

    132262

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Apr 2019

  • Date of AGM

    14 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Metals and Minerals

Who are the key members and board of directors at Innomet Advanced Materials?

Executive Team (3)

NameDesignationAppointment DateStatus
Vinay Chilakapati Country flag representing In Managing Director02-May-2019Current
Aanchal Sethia Country flag representing In Company Secretary24-Aug-2023Current
Saritha Chilakapati CFO24-Aug-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Myneni Rao Country flag representing In Director 22-Apr-2024Current
Chadalavada Rao Country flag representing In Director Current
Bhanu Kota Country flag representing In Director 22-Apr-2024Current
Lakshmi Chilakapati Country flag representing In Director 24-Apr-2019Current
Saritha Chilakapati Country flag representing In Whole-Time Director 24-Apr-2019Current

Financial Performance of Innomet Advanced Materials.

Innomet Advanced Materials Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.18% increase. The company also saw a substantial improvement in profitability, with a 482.84% increase in profit. The company's net worth Soared by an impressive increase of 85.88%.

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
21.18%
Revenue from Operations
4.05%
Total Assets
42.06%
Profit or Loss
482.84%
Net Worth
85.88%
EBITDA
11.32%

What is the Ownership and Shareholding Structure of Innomet Advanced Materials?

In 2022, Innomet Advanced Materials 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

₹9.86 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 9.64 Cr
  • Hdfc Bank Limited : 0.22 Cr

Latest Charge Details

DateLenderAmountStatus
26 May 2023Hdfc Bank Limited₹0.51 MOpen
04 May 2023Hdfc Bank Limited₹0.80 MOpen
20 Dec 2021State Bank Of India₹4.00 MOpen
18 Aug 2021State Bank Of India₹3.00 CrOpen
10 Dec 2020Hdfc Bank Limited₹0.91 MOpen

How Many Employees Work at Innomet Advanced Materials?

Innomet Advanced Materials has a workforce of 20 employees as of Mar 22, 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 Innomet Advanced Materials, 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 Innomet Advanced Materials'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 Innomet Advanced Materials

Recent activity within the organization

  • Annual General Meeting

    Innomet Advanced Materials Limited last Annual general meeting of members was held on 14 Sep 2024 as per latest MCA records.

    14 Sep 2024

  • Director Appointment

    Myneni Narayana Rao was appointed as a Director was appointed as a Director on 22 Apr 2024 & has been associated with this company since 10 months 1 day .

    22 Apr 2024

  • Director Appointment

    Bhanu Sankara Rao Kota was appointed as a Director was appointed as a Director on 22 Apr 2024 & has been associated with this company since 10 months 1 day .

    22 Apr 2024

  • Balance Sheet

    Innomet Advanced Materials Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.05 Cr with Charge ID 100741214 was registered on 26 May 2023.

    26 May 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100747184 was registered on 04 May 2023.

    04 May 2023

Frequently asked questions

  • Innomet Advanced Materials Limited was incorporated on 24 Apr 2019.

  • The authorized share capital of Innomet Advanced Materials Limited is ₹ 14.00 Cr and paid-up capital is ₹ 12.94 Cr.

  • Currently 8 directors are associated with Innomet Advanced Materials Limited.

    • Myneni Narayana Rao
    • Chadalavada Venkata Bhaskara Rao
    • Bhanu Sankara Rao Kota
    • Lakshmi Kanthamma Chilakapati
    • Saritha Devi Chilakapati
    • Vinay Chowdary Chilakapati
    • Aanchal Sethia
    • Saritha Devi Chilakapati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innomet Advanced Materials Limited is B-31, Bhel Ancillary Industrial Estate Ramachandrapuram India, Hyderabad, Telangana, 502032.

  • The corporate identification number (CIN) of Innomet Advanced Materials Limited is U27101TG2019PLC132262 and the company number is 132262 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Innomet Advanced Materials Limited is https://www.innomet.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Innomet Advanced Materials Limited has risen by 21.18%.

  • As Per 2023 financial reports, 20 employees are currently employed by Innomet Advanced Materials Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Innomet Advanced Materials Limited has experienced an upsurge of 85.88%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Innomet Advanced Materials Limited amount to ₹ 9.86 Cr.

  • The most recent Balance Sheet for Innomet Advanced Materials Limited was filed with the ROC on 31 Mar 2024.

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