Innovalus Technologies Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.60 M
- Company Age 14 Year, 17 Days
- 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. 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
Who are the key members and board of directors at Innovalus Technologies?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Conji Chandrasekhar  | Managing Director | 25-Nov-2019 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vishal Vijay | Whole-Time Director | 19-Jan-2018 | Current |
| Vijay Kothandaraman | Director | 04-Feb-2011 | Current |
| Dipankar Banerjee | Additional Director | 13-Dec-2024 | Current |
| Shreedhara Shetty | Director | 24-Feb-2020 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Religent Global Ventures Private LimitedShreedhara Shetty and Vijay Kothandaraman are mutual person
Craftoplex Private LimitedVijay Kothandaraman, Vishal Vijay and 2 more are mutual person
Pharmaids Pharmaceuticals LimitedShreedhara Shetty is a mutual person
Start Labs Ventures Private LimitedShreedhara Shetty is a mutual person
- Hireeasy Consulting Llp
Vijay Kothandaraman, Vishal Vijay and 1 more are mutual person
- Cioadvisory.Ai Private Limited
Vijay Kothandaraman, Conji Chandrasekhar and 1 more are mutual person
Charges (Loans)
₹1.79 M
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Dec 2021 | Hdfc Bank Limited | ₹1.79 M | Open |
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.
Deals i
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
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.
