Innovalus Technologies Private Limited

IT services, application development, maintenance, integration, testing, and distribution.

2011 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Innovalus Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.60 M
  • Company Age 14 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.79 M
  • Revenue Growth 68.81%
  • Profit Growth -150.20%
  • Ebitda 30.92%
  • Net Worth -6.32%
  • Total Assets 53.02%

About Innovalus Technologies

Innovalus Technologies Private Limited (ITPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 February 2011 and has a history of 14 years and three months. Its registered office is in Chennai, Tamil Nadu, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.60 M.

The company currently has active open charges totaling ₹1.79 M.

Shreedhara Shetty, Vijay Kothandaraman, Vishal Vijay, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72100TN2011PTC079061

  • Company No.

    079061

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Feb 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology
Company report

Innovalus Technologies Private Limited

Explore comprehensive data for Innovalus Technologies Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Conji Chandrasekhar Country flag representing In Managing Director25-Nov-2019Current

Board Members (4)

NameDesignationAppointment DateStatus
Vishal Vijay Country flag representing In Whole-Time Director 19-Jan-2018Current
Vijay Kothandaraman Country flag representing In Director 04-Feb-2011Current
Dipankar Banerjee Country flag representing In Additional Director 13-Dec-2024Current
Shreedhara Shetty Country flag representing In Director 24-Feb-2020Current

Financial Performance of Innovalus Technologies.

Innovalus Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 68.81% increase. The company also saw a substantial fall in profitability, with a 150.2% decrease in profit. The company's net worth dipped by a decrease of 6.32%.

Innovalus Technologies revenue growth over time
Innovalus Technologies 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
68.81%
Revenue from Operations
68.12%
Total Assets
53.02%
Profit or Loss
-150.20%
Net Worth
-6.32%
EBITDA
30.92%

What is the Ownership and Shareholding Structure of Innovalus Technologies?

In 2023, Innovalus Technologies had a promoter holding of 33.33% and a public holding of 66.67%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.79 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.18 Cr

Latest Charge Details

DateLenderAmountStatus
10 Dec 2021Hdfc Bank Limited₹1.79 MOpen

How Many Employees Work at Innovalus Technologies?

Innovalus Technologies has a workforce of 6 employees as of Apr 10, 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 Innovalus Technologies Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Innovalus 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 Innovalus 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 Innovalus Technologies

Recent activity within the organization

  • Director Appointment

    Dipankar Banerjee was appointed as a Additional Director was appointed as a Additional Director on 13 Dec 2024 & has been associated with this company since 4 months 29 days .

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.79 M with Charge ID 100519361 was registered on 10 Dec 2021.

  • Director Appointment

    Shreedhara Shetty was appointed as a Director was appointed as a Director on 24 Feb 2020 & has been associated with this company since 5 years 2 months .

  • Director Appointment

    Conji Leelagopal Chandrasekhar was appointed as a Managing Director was appointed as a Managing Director on 25 Nov 2019 & has been associated with this company since 5 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Innovalus Technologies Private Limited?

    Innovalus Technologies Private Limited was incorporated on 04 Feb 2011.

  • What is authorized share capital and paid-up capital of Innovalus Technologies Private Limited?

    The authorized share capital of Innovalus Technologies Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.60 M.

  • Who are the current board members & directors of Innovalus Technologies Private Limited?

    Currently 5 directors are associated with Innovalus Technologies Private Limited.

    • Shreedhara Shetty
    • Vijay Gudluru Kothandaraman
    • Vishal Vijay
    • Conji Leelagopal Chandrasekhar
    • Dipankar Banerjee

  • What is the registered address of Innovalus Technologies Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Innovalus Technologies Private Limited is No. 143/1 Uthamar Gandhi Salai, Nungambakkam India, Chennai, Tamil Nadu, 600034.

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

    The corporate identification number (CIN) of Innovalus Technologies Private Limited is U72100TN2011PTC079061 and the company number is 079061 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Innovalus Technologies Private Limited?

    The Official website of Innovalus Technologies Private Limited is https://www.innovalus.com

  • What has been the recent revenue trend for Innovalus Technologies Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Innovalus Technologies Private Limited has risen by 68.81%.

  • How many employees does Innovalus Technologies Private Limited currently have?

    As Per 2023 financial reports, 6 employees are currently employed by Innovalus Technologies Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Innovalus Technologies Private Limited has experienced an downturn of -6.32%.

  • What are the total open charges for Innovalus Technologies Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Innovalus Technologies Private Limited amount to ₹ 1.79 M.

  • When was the last Balance Sheet of Innovalus Technologies Private Limited filed with the ROC?

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

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