Innova Systems (India) Private Limited

IT solutions provider for retail and corporate clients, offering system integration, software development, and hardware repair services.

1995 | Ahmedabad, Gujarat (India) | Active
Last Updated: August 30, 2024

Innova Systems (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 4.66 Cr
  • Revenue Growth -94.72%
  • Profit Growth -2352.49%
  • Ebitda -191.14%
  • Net Worth -9.51%
  • Total Assets -26.03%

About Innova Systems (India)

Innova Systems (India) Private Limited (ISIPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 April 1995 and has a history of 29 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Printer Plus Services 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company has closed loans amounting to ₹4.66 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Jagdishbhai Chimanlal and Urvashi Dave serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    innova-india.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200GJ1995PTC025432

  • Company No.

    025432

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Apr 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology

What products or services does Innova Systems (India) Private Limited offer?

Innova Systems (India) Private Limited offers a wide range of products and services, including Printing Machinery & Equipment, Large Format Printers, Camera & Photography Equipments, Industrial Cameras, Camera, Marketing Services & Consultants, Marketing Services, Road Barriers & Safety, Road Barriers, CCTV, Surveillance Systems and Parts.

Who are the key members and board of directors at Innova Systems (India)?

Board Members (2)

Name Designation Appointment Date Status
Jagdishbhai Chimanlal Country flag representing In Director 21-Sep-2003 Current
Urvashi Dave Country flag representing In Director 18-Nov-1996 Current

Financial Performance of Innova Systems (India).

Innova Systems (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 94.72% decrease. The company also saw a substantial fall in profitability, with a 2352.49% decrease in profit. The company's net worth dipped by a decrease of 9.51%.

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
-94.72%
Revenue from Operations
-99.32%
Total Assets
-26.03%
Profit or Loss
-2352.49%
Net Worth
-9.51%
EBITDA
-191.14%

What is the Ownership and Shareholding Structure of Innova Systems (India)?

Unlock access to Innova Systems (India)'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

₹0

Satisfied Charges

₹46.55 M

Charges Breakdown by Lending Institutions

  • Others : 2.08 Cr
  • Nutan Nagarik Sahakari Bank Ltd. : 1.80 Cr
  • Nutan Nagaraik Sahakari Bank Ltd : 0.68 Cr
  • Nutan Nagarik Sahakari Bank Limited : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
22 Jul 2019 Others ₹5.80 M Satisfied
01 May 2015 Nutan Nagaraik Sahakari Bank Ltd ₹6.75 M Satisfied
30 May 2012 Nutan Nagarik Sahakari Bank Ltd. ₹1.60 Cr Satisfied
02 Apr 2010 Others ₹1.50 Cr Satisfied
05 May 2004 Nutan Nagarik Sahakari Bank Ltd. ₹2.00 M Satisfied

How Many Employees Work at Innova Systems (India)?

Unlock and access historical data on people associated with Innova Systems (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Innova Systems (India), 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 Systems (India)'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 Systems (India)

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Innova Systems (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 02 Apr 2010 via Charge ID 10214638 with Others was fully satisfied on 24 Aug 2020.

    24 Aug 2020

  • Charges

    A charge registered on 22 Jul 2019 via Charge ID 100280484 with Others was fully satisfied on 28 Jul 2020.

    28 Jul 2020

  • Charges

    A charge with Others of Rs. 15.00 M registered on 02 Apr 2010 with Charge ID 10214638 was modified on 20 Dec 2019.

    20 Dec 2019

  • Charges

    A charge registered on 01 May 2015 via Charge ID 10601887 with Nutan Nagaraik Sahakari Bank Ltd was fully satisfied on 02 Aug 2019.

    02 Aug 2019

Frequently asked questions

  • Innova Systems (India) Private Limited was incorporated on 10 Apr 1995.

  • The authorized share capital of Innova Systems (India) Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Innova Systems (India) Private Limited.

    • Jagdishbhai Dave Chimanlal
    • Urvashi Jagdish Dave
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innova Systems (India) Private Limited is 4 Samyak Gitabaug Society Opp. Suvidha Shopping Centre Paldi, Ahmedabad, Gujarat, India, 380007.

  • The corporate identification number (CIN) of Innova Systems (India) Private Limited is U72200GJ1995PTC025432 and the company number is 025432 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Innova Systems (India) Private Limited is https://www.innova-india.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Innova Systems (India) Private Limited has fallen by -94.72%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Innova Systems (India) Private Limited has experienced an downturn of -9.51%.

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

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