Innova Solutions Private Limited

IT solutions and services for various industries, including cloud computing, infrastructure management, and mobile technology.

2006 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated:

Innova Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.75 Cr
  • Paid Up Capital ₹ 1.05 Cr
  • Company Age 18 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 20.06 Cr
  • Revenue Growth 33.08%
  • Profit Growth 19.69%
  • Ebitda 12.27%
  • Net Worth 54.61%
  • Total Assets 44.61%

About Innova Solutions

Innova Solutions Private Limited (ISPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 15 November 2006 and has a history of 18 years and three months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Corporate was formerly known as Clairvoyant Tech Soft Private Limited. 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 2.75 Cr and a paid-up capital of Rs 1.05 Cr.

The company has closed loans amounting to ₹20.06 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Rajiv Sardana, Sunita Thakur, and Mohd Alam serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    innovasolutions.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TN2006FTC061524

  • Company No.

    061524

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    15 Nov 2006

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

What products or services does Innova Solutions Private Limited offer?

Innova Solutions Private Limited offers a wide range of products and services, including Turnkey Consultants & Solutions, Project Management, Computer and Networking Solutions, Networking Solutions.

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

Board Members (3)

NameDesignationAppointment DateStatus
Rajiv Sardana Country flag representing Us Director 08-Aug-2019Current
Sunita Thakur Country flag representing In Director 18-Aug-2022Current
Mohd Alam Country flag representing In Director 18-Aug-2022Current

Financial Performance of Innova Solutions.

Innova Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.08% increase. The company also saw a substantial improvement in profitability, with a 19.69% increase in profit. The company's net worth Soared by an impressive increase of 54.61%.

Innova Solutions revenue growth over time
Innova Solutions 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
33.08%
Revenue from Operations
32.00%
Total Assets
44.61%
Profit or Loss
19.69%
Net Worth
54.61%
EBITDA
12.27%

What is the Ownership and Shareholding Structure of Innova Solutions?

In 2023, Innova Solutions 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

₹0

Satisfied Charges

₹20.06 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 7.06 Cr
  • Icici Bank Limited : 6.60 Cr
  • Axis Bank Limited : 5.40 Cr
  • State Bank Of India : 0.50 Cr
  • Ablrami Financial Sercice India Ltd. : 0.25 Cr
  • Others : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
13 Jul 2017Axis Bank Limited₹5.40 CrSatisfied
30 Mar 2016Hdfc Bank Limited₹2.00 CrSatisfied
17 Sep 2012Icici Bank Limited₹6.60 CrSatisfied
05 Mar 2011State Bank Of India₹5.00 MSatisfied
18 Mar 2009Hdfc Bank Limited₹3.62 MSatisfied

How Many Employees Work at Innova Solutions?

Innova Solutions has a workforce of 770 employees as of Apr 09, 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 Solutions Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Director Appointment

    Sunita Thakur was appointed as a Director was appointed as a Director on 18 Aug 2022 & has been associated with this company since 2 years 6 months .

  • Director Appointment

    Mohd Soheb Alam was appointed as a Director was appointed as a Director on 18 Aug 2022 & has been associated with this company since 2 years 6 months .

  • Director Appointment

    Rajiv Sardana was appointed as a Director was appointed as a Director on 08 Aug 2019 & has been associated with this company since 5 years 6 months .

  • Charges

    A charge registered on 13 Jul 2017 via Charge ID 100115682 with Axis Bank Limited was fully satisfied on 24 Apr 2019.

Frequently asked questions

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

    Innova Solutions Private Limited was incorporated on 15 Nov 2006.

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

    The authorized share capital of Innova Solutions Private Limited is ₹ 2.75 Cr and paid-up capital is ₹ 1.05 Cr.

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

    Currently 3 directors are associated with Innova Solutions Private Limited.

    • Rajiv Sardana
    • Sunita Thakur
    • Mohd Soheb Alam

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Innova Solutions Private Limited is Purva Primus 12Th Floor No 236 Okhiyampettai, Old Mahabali Road India, Kanchipuram, Tamil Nadu, 600097.

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

    The corporate identification number (CIN) of Innova Solutions Private Limited is U72200TN2006FTC061524 and the company number is 061524 as per Ministry of Corporate Affairs (MCA).

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

    The Official website of Innova Solutions Private Limited is https://www.innovasolutions.com

  • What has been the recent revenue trend for Innova Solutions Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Innova Solutions Private Limited has risen by 33.08%.

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

    As Per 2023 financial reports, 770 employees are currently employed by Innova Solutions Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Innova Solutions Private Limited has experienced an upsurge of 54.61%.

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

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

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