Innostax Software Labs Private Limited

Provides software development, modernization, architecture, cloud, and AI services since 2013.

2013 | Hyderabad, Telangana (India) | Active
Last Updated: June 27, 2024

Innostax Software Labs Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 11 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.35 Cr
  • Revenue Growth 70.34%
  • Profit Growth 49.32%
  • Ebitda 51.73%
  • Net Worth 82.69%
  • Total Assets 32.71%

About Innostax Software Labs

Innostax Software Labs Private Limited (ISLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 December 2013 and has a history of 11 years and one month. 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 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹4.35 Cr.

Prashanth Tondapu, Snigdha Garg, and Sahil Khurana serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    innostax.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72502TG2013PTC091723

  • Company No.

    091723

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Dec 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

Who are the key members and board of directors at Innostax Software Labs?

Board Members (3)

Name Designation Appointment Date Status
Snigdha Garg Country flag representing In Director 14-Jan-2016 Current
Prashanth Tondapu Country flag representing In Director 17-Dec-2013 Current
Sahil Khurana Country flag representing In Director 20-Jul-2020 Current

Financial Performance of Innostax Software Labs.

Innostax Software Labs Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 70.34% increase. The company also saw a substantial improvement in profitability, with a 49.32% increase in profit. The company's net worth Soared by an impressive increase of 82.69%.

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
70.34%
Revenue from Operations
71.77%
Total Assets
32.71%
Profit or Loss
49.32%
Net Worth
82.69%
EBITDA
51.73%

What is the Ownership and Shareholding Structure of Innostax Software Labs?

Unlock access to Innostax Software Labs's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹43.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 4.35 Cr

Latest Charge Details

Date Lender Amount Status
01 Mar 2021 Others ₹4.35 Cr Open

How Many Employees Work at Innostax Software Labs?

Innostax Software Labs has a workforce of 8 employees as of Apr 29, 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 Innostax Software Labs, 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 Innostax Software Labs'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 Innostax Software Labs

Recent activity within the organization

  • Annual General Meeting

    Innostax Software Labs Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Innostax Software Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 43.50 M with Charge ID 100419360 was registered on 01 Mar 2021.

    01 Mar 2021

  • Director Appointment

    Sahil Khurana was appointed as a Director was appointed as a Director on 20 Jul 2020 & has been associated with this company since 4 years 6 months .

    20 Jul 2020

  • Director Appointment

    Snigdha Garg was appointed as a Director was appointed as a Director on 14 Jan 2016 & has been associated with this company since 9 years 30 days .

    14 Jan 2016

  • Director Appointment

    Prashanth Kumar Tondapu was appointed as a Director was appointed as a Director on 17 Dec 2013 & has been associated with this company since 11 years 1 month .

    17 Dec 2013

Frequently asked questions

  • Innostax Software Labs Private Limited was incorporated on 17 Dec 2013.

  • The authorized share capital of Innostax Software Labs Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Innostax Software Labs Private Limited.

    • Prashanth Kumar Tondapu
    • Snigdha Garg
    • Sahil Khurana
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innostax Software Labs Private Limited is Flat No-G23 Siri Balaji Towers, Near Eswar Villas Nizampet, Hyderabad, Telangana, India, 500072.

  • The corporate identification number (CIN) of Innostax Software Labs Private Limited is U72502TG2013PTC091723 and the company number is 091723 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Innostax Software Labs Private Limited is https://www.innostax.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Innostax Software Labs Private Limited has risen by 70.34%.

  • As Per 2023 financial reports, 8 employees are currently employed by Innostax Software Labs Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Innostax Software Labs Private Limited has experienced an upsurge of 82.69%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Innostax Software Labs Private Limited amount to ₹ 4.35 Cr.

  • The most recent Balance Sheet for Innostax Software Labs Private Limited was filed with the ROC on 31 Mar 2023.

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