Innova Technologies Private Limited

Provides leasing and rental services for real estate properties and manufactures telecom devices and software.

2005 | Hyderabad, Telangana (India) | Active
Last Updated: January 13, 2025

Innova Technologies Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 0.53 M
  • Company Age 19 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 23.51 Cr
  • Satisfied Charges ₹ 12.00 Cr
  • Revenue Growth -23.47%
  • Profit Growth 95.88%
  • Ebitda -9.86%
  • Net Worth -0.66%
  • Total Assets -10.12%

About Innova Technologies

Innova Technologies Private Limited (ITPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 May 2005 and has a history of 19 years and eight months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Innova Technologies Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 0.53 M.

The company currently has active open charges totaling ₹23.51 Cr. The company has closed loans amounting to ₹12.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Narender Surana, Boorugu Srinagesh, and Vinita Surana serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200TG2005PTC046329

  • Company No.

    046329

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 May 2005

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

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

Board Members (3)

Name Designation Appointment Date Status
Vinita Surana Country flag representing In Director 05-Aug-2011 Current
Narender Surana Country flag representing In Director 25-May-2005 Current
Boorugu Srinagesh Country flag representing In Director 26-Mar-2008 Current

Financial Performance of Innova Technologies.

Innova Technologies Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 23.47% decrease. The company also saw a substantial improvement in profitability, with a 95.88% increase in profit. The company's net worth dipped by a decrease of 0.66%.

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
-23.47%
Revenue from Operations
-21.15%
Total Assets
-10.12%
Profit or Loss
95.88%
Net Worth
-0.66%
EBITDA
-9.86%

What is the Ownership and Shareholding Structure of Innova Technologies?

In 2021, Innova Technologies had a promoter holding of 88.00% and a public holding of 12.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.51 Cr

Satisfied Charges

₹12.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 23.51 Cr

Latest Charge Details

Date Lender Amount Status
15 Jul 2021 Hdfc Bank Limited ₹23.51 Cr Open
22 Jul 2015 Tata Capital Financial Services Limited ₹12.00 Cr Satisfied

How Many Employees Work at Innova Technologies?

Unlock and access historical data on people associated with Innova Technologies, 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 Technologies, 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 Technologies'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 Technologies

Recent activity within the organization

  • Annual General Meeting

    Innova Technologies Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

    23 Sep 2024

  • Balance Sheet

    Innova Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 23.51 Cr with Charge ID 100477951 was registered on 15 Jul 2021.

    15 Jul 2021

  • Charges

    A charge registered on 22 Jul 2015 via Charge ID 10584310 with Tata Capital Financial Services Limited was fully satisfied on 03 Oct 2020.

    03 Oct 2020

  • Charges

    A charge with Tata Capital Financial Services Limited of Rs. 12.00 Cr registered on 22 Jul 2015 with Charge ID 10584310 was modified on 05 Aug 2015.

    05 Aug 2015

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 12.00 Cr with Charge ID 10584310 was registered on 22 Jul 2015.

    22 Jul 2015

Frequently asked questions

  • Innova Technologies Private Limited was incorporated on 24 May 2005.

  • The authorized share capital of Innova Technologies Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 0.53 M.

  • Currently 3 directors are associated with Innova Technologies Private Limited.

    • Narender Surana
    • Boorugu Srinagesh
    • Vinita Surana
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innova Technologies Private Limited is 5Th Floor Surya Towers Sardar Patel Road, India, Secunderabad, Telangana, 500003.

  • The corporate identification number (CIN) of Innova Technologies Private Limited is U72200TG2005PTC046329 and the company number is 046329 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Innova Technologies Private Limited has fallen by -23.47%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Innova Technologies Private Limited has experienced an downturn of -0.66%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Innova Technologies Private Limited amount to ₹ 23.51 Cr.

  • The most recent Balance Sheet for Innova Technologies Private Limited was filed with the ROC on 31 Mar 2024.

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