Innovac Controls Private Limited

Electronic equipment trading and parts distribution since 2019, based in Chennai.

2019 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: January 03, 2025

Innovac Controls Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 11 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.00 M
  • Revenue Growth 187.64%
  • Profit Growth 61.68%
  • Ebitda 109.16%
  • Net Worth 77.71%
  • Total Assets 84.35%

About Innovac Controls

Innovac Controls Private Limited (ICPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 January 2019 (Six years 11 days old ). Its registered office is in Tiruvallur, Tamil Nadu, India.

The Company is engaged in the Consumer Electronics & Durables 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹4.00 M.

Sivakumar, Loganathan Thiyagarajan, and Panchatcharam Revathi serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29305TN2019PTC127129

  • Company No.

    127129

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jan 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Innovac Controls?

Board Members (3)

Name Designation Appointment Date Status
Sivakumar Country flag representing In Director 25-Jan-2019 Current
Loganathan Thiyagarajan Country flag representing In Director 25-Jan-2019 Current
Panchatcharam Revathi Country flag representing In Director 25-Jan-2019 Current

Financial Performance of Innovac Controls.

Innovac Controls Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 187.64% increase. The company also saw a substantial improvement in profitability, with a 61.68% increase in profit. The company's net worth Soared by an impressive increase of 77.71%.

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
187.64%
Revenue from Operations
187.74%
Total Assets
84.35%
Profit or Loss
61.68%
Net Worth
77.71%
EBITDA
109.16%

What is the Ownership and Shareholding Structure of Innovac Controls?

In 2020, Innovac Controls 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

₹4.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.40 Cr

Latest Charge Details

Date Lender Amount Status
08 Feb 2022 Axis Bank Limited ₹4.00 M Open

How Many Employees Work at Innovac Controls?

Unlock and access historical data on people associated with Innovac Controls, 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 Innovac Controls, 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 Controls'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 Innovac Controls

Recent activity within the organization

  • Annual General Meeting

    Innovac Controls Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Innovac Controls Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.00 M with Charge ID 100537011 was registered on 08 Feb 2022.

    08 Feb 2022

  • Director Appointment

    Sivakumar was appointed as a Director was appointed as a Director on 25 Jan 2019 & has been associated with this company since 6 years 11 days .

    25 Jan 2019

  • Director Appointment

    Loganathan Thiyagarajan was appointed as a Director was appointed as a Director on 25 Jan 2019 & has been associated with this company since 6 years 11 days .

    25 Jan 2019

  • Director Appointment

    Panchatcharam Balaji Revathi was appointed as a Director was appointed as a Director on 25 Jan 2019 & has been associated with this company since 6 years 11 days .

    25 Jan 2019

Frequently asked questions

  • Innovac Controls Private Limited was incorporated on 25 Jan 2019.

  • The authorized share capital of Innovac Controls Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Innovac Controls Private Limited.

    • Sivakumar
    • Loganathan Thiyagarajan
    • Panchatcharam Balaji Revathi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innovac Controls Private Limited is Plot No 4B/9 New 3 M.M.D.A Colony Tnhb Fourth Block 2Nd Main Road, India, Chennai, Tamil Nadu, 600095.

  • The corporate identification number (CIN) of Innovac Controls Private Limited is U29305TN2019PTC127129 and the company number is 127129 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Innovac Controls Private Limited has risen by 187.64%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Innovac Controls Private Limited has experienced an upsurge of 77.71%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Innovac Controls Private Limited amount to ₹ 4.00 M.

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