Innovac Air Systems Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 9 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.30 Cr
- Revenue Growth 29.37%
- Profit Growth 8.24%
- Ebitda 38.67%
- Net Worth 24.16%
- Total Assets 101.59%
About Innovac Air Systems
Innovac Air Systems Private Limited (IASPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 April 2015 (Nine years and nine months 9 days old ). Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Machinery And Equipment 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 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹2.30 Cr.
Mohan Parimala, Kumaran Latha, and Panchatcharam Revathi serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U29210TN2015PTC100295
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Company No.
100295
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
29 Apr 2015
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
What products or services does Innovac Air Systems Private Limited offer?
Innovac Air Systems Private Limited offers a wide range of products and services, including Disinfection Equipment & Machines, Fumigation Machine.
Who are the key members and board of directors at Innovac Air Systems?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohan Parimala
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Director | 29-Apr-2015 | Current |
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Kumaran Latha
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Director | 15-Nov-2017 | Current |
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Panchatcharam Revathi
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Director | 15-Nov-2017 | Current |
Financial Performance of Innovac Air Systems.
Innovac Air Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.37% increase. The company also saw a slight improvement in profitability, with a 8.24% increase in profit. The company's net worth Soared by an impressive increase of 24.16%.
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What is the Ownership and Shareholding Structure of Innovac Air Systems?
In 2023, Innovac Air Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Innovac Controls Private LimitedPanchatcharam Revathi is a mutual person
Charges (Loans)
₹22.95 M
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 2.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2021 | Axis Bank Limited | ₹0.45 M | Open |
| 10 Oct 2019 | Axis Bank Limited | ₹2.50 M | Open |
| 08 Aug 2017 | Axis Bank Limited | ₹2.00 Cr | Open |
How Many Employees Work at Innovac Air Systems?
Innovac Air Systems has a workforce of 39 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Innovac Air Systems, 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 Innovac Air Systems's trajectory.
Rating
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
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.
