Innova Polypak Private Limited

Manufactures and trades cotton and synthetic yarn, as well as various materials such as plastics and paper.

1998 | Bangaluru, Karnataka (India) | Active
Last Updated:

Innova Polypak Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 26 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.00 Cr
  • Satisfied Charges ₹ 4.50 Cr
  • Revenue Growth %
  • Profit Growth 692.40%
  • Ebitda 4300.37%
  • Net Worth 24929.67%
  • Total Assets 43.82%

About Innova Polypak

Innova Polypak Private Limited (IPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 June 1998 and has a history of 26 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Packaging 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹8.00 Cr. The company has closed loans amounting to ₹4.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramanathan Panchapakesan, Sreerama Karthik, and Sreerama Madankumar serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    innovapolypak.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209KA1998PTC023840

  • Company No.

    023840

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jun 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Packaging

Who are the key members and board of directors at Innova Polypak?

Executive Team (1)

NameDesignationAppointment DateStatus
Sreerama Karthik Country flag representing In Managing Director17-Aug-2019Current

Board Members (2)

NameDesignationAppointment DateStatus
Ramanathan Panchapakesan Country flag representing In Director 29-Jul-2019Current
Sreerama Madankumar Country flag representing In Director 17-Aug-2019Current

Financial Performance of Innova Polypak.

Innova Polypak Private Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 692.4% increase in profit. The company's net worth Soared by an impressive increase of 24929.67%.

Innova Polypak revenue growth over time
Innova Polypak 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
Revenue from Operations
Total Assets
43.82%
Profit or Loss
692.40%
Net Worth
24929.67%
EBITDA
4300.37%

What is the Ownership and Shareholding Structure of Innova Polypak?

In 2021, Innova Polypak 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

₹8.00 Cr

Satisfied Charges

₹4.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 8.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Nov 2020Hdfc Bank Limited₹8.00 CrOpen
27 Jan 2000M/S Karnataka State Financial Corporation₹1.50 CrSatisfied
21 Jan 2000State Bank Of India₹3.00 CrSatisfied

How Many Employees Work at Innova Polypak?

Innova Polypak has a workforce of 44 employees as of Apr 06, 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.

Employee growth trends for Innova Polypak Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Innova Polypak, 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 Innova Polypak'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 Innova Polypak

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Innova Polypak Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 8.00 Cr registered on 03 Nov 2020 with Charge ID 100409185 was modified on 31 Jan 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 8.00 Cr with Charge ID 100409185 was registered on 03 Nov 2020.

  • Director Appointment

    Sreerama Madankumar Karthik was appointed as a Managing Director was appointed as a Managing Director on 17 Aug 2019 & has been associated with this company since 5 years 6 months .

  • Director Appointment

    Sreerama Prabakara Madankumar was appointed as a Director was appointed as a Director on 17 Aug 2019 & has been associated with this company since 5 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Innova Polypak Private Limited?

    Innova Polypak Private Limited was incorporated on 12 Jun 1998.

  • What is authorized share capital and paid-up capital of Innova Polypak Private Limited?

    The authorized share capital of Innova Polypak Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Who are the current board members & directors of Innova Polypak Private Limited?

    Currently 3 directors are associated with Innova Polypak Private Limited.

    • Ramanathan Panchapakesan
    • Sreerama Madankumar Karthik
    • Sreerama Prabakara Madankumar

  • What is the registered address of Innova Polypak Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Innova Polypak Private Limited is 28-29 Soukya Road Kacharakanahalli, Hosakote Taluk India, Bangalore, Karnataka, 560067.

  • What is the corporate identification number (CIN) and company number of Innova Polypak Private Limited?

    The corporate identification number (CIN) of Innova Polypak Private Limited is U25209KA1998PTC023840 and the company number is 023840 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Innova Polypak Private Limited?

    The Official website of Innova Polypak Private Limited is https://www.innovapolypak.com

  • How many employees does Innova Polypak Private Limited currently have?

    As Per 2021 financial reports, 44 employees are currently employed by Innova Polypak Private Limited.

  • What change has been observed in the net worth of Innova Polypak Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Innova Polypak Private Limited has experienced an upsurge of 24929.67%.

  • What are the total open charges for Innova Polypak Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Innova Polypak Private Limited amount to ₹ 8.00 Cr.

  • When was the last Balance Sheet of Innova Polypak Private Limited filed with the ROC?

    The most recent Balance Sheet for Innova Polypak Private Limited was filed with the ROC on 31 Mar 2023.

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