Innova Rubbers Private Limited

Designs and manufactures automotive and industrial rubber parts for various vehicles and markets.

2000 | Nashik, Maharashtra (India) | Active
Last Updated: October 23, 2024

Innova Rubbers Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.96 Cr
  • Company Age 25 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 154.74 Cr
  • Satisfied Charges ₹ 73.04 Cr
  • Revenue Growth 30.29%
  • Profit Growth 84.65%
  • Ebitda 72.34%
  • Net Worth 35.29%
  • Total Assets 1.17%

About Innova Rubbers

Innova Rubbers Private Limited (IRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 January 2000 and has a history of 25 years and one month. Its registered office is in Nashik, Maharashtra, India.

The Company is engaged in the Automotive 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 4.00 Cr and a paid-up capital of Rs 3.96 Cr.

The company currently has active open charges totaling ₹154.74 Cr. The company has closed loans amounting to ₹73.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hemant Bakshi and Sachin Ambardekar serve as directors at the Company.

Company Details

  • Location

    Nashik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    innovarubbers.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25110MH2000PTC123743

  • Company No.

    123743

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jan 2000

  • Date of AGM

    12 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive
Manufacturing

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

Executive Team (2)

NameDesignationAppointment DateStatus
Hemant Bakshi Country flag representing In Managing Director20-Jan-2000Current
Sachin Ambardekar Country flag representing In Managing Director20-Jan-2000Current

Board Members

People

No Directors or KMP associated with company. Upon reviewing the records, we can confirm that there are no Directors or Key Management Personnel (KMP) associated with this company at present.

Financial Performance of Innova Rubbers.

Innova Rubbers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.29% increase. The company also saw a substantial improvement in profitability, with a 84.65% increase in profit. The company's net worth Soared by an impressive increase of 35.29%.

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
30.29%
Revenue from Operations
31.02%
Total Assets
1.17%
Profit or Loss
84.65%
Net Worth
35.29%
EBITDA
72.34%

What is the Ownership and Shareholding Structure of Innova Rubbers?

In 2023, Innova Rubbers had a promoter holding of 26.50% and a public holding of 73.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹154.74 Cr

Satisfied Charges

₹73.04 Cr

Charges Breakdown by Lending Institutions

  • Others : 154.74 Cr

Latest Charge Details

DateLenderAmountStatus
02 Mar 2024Others₹5.00 CrOpen
02 Mar 2024Others₹22.30 CrOpen
02 Mar 2024Others₹13.70 CrOpen
02 Mar 2024Others₹15.00 CrOpen
18 Nov 2022Others₹9.00 MOpen

How Many Employees Work at Innova Rubbers?

Innova Rubbers has a workforce of 329 employees as of Apr 01, 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 Innova Rubbers, 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 Rubbers'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 Rubbers

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 4.50 Cr registered on 30 Mar 2012 with Charge ID 10345831 was modified on 05 Mar 2024.

    05 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100898462 was registered on 02 Mar 2024.

    02 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 22.30 Cr with Charge ID 100898483 was registered on 02 Mar 2024.

    02 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 13.70 Cr with Charge ID 100898487 was registered on 02 Mar 2024.

    02 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100898491 was registered on 02 Mar 2024.

    02 Mar 2024

  • Charges

    A charge with Others of Rs. 48.75 Cr registered on 08 Sep 2003 with Charge ID 90144673 was modified on 02 Mar 2024.

    02 Mar 2024

Frequently asked questions

  • Innova Rubbers Private Limited was incorporated on 20 Jan 2000.

  • The authorized share capital of Innova Rubbers Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.96 Cr.

  • Currently 2 directors are associated with Innova Rubbers Private Limited.

    • Hemant Madhav Bakshi
    • Sachin Shreeram Ambardekar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innova Rubbers Private Limited is P.No. H-107 Midc, Ambad India, Nashik, Maharashtra, 422010.

  • The corporate identification number (CIN) of Innova Rubbers Private Limited is U25110MH2000PTC123743 and the company number is 123743 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Innova Rubbers Private Limited is https://www.innovarubbers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Innova Rubbers Private Limited has risen by 30.29%.

  • As Per 2023 financial reports, 329 employees are currently employed by Innova Rubbers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Innova Rubbers Private Limited has experienced an upsurge of 35.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Innova Rubbers Private Limited amount to ₹ 154.74 Cr.

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