Innovance Elevators Solutions Private Limited

Specializes in lift construction, installation, modernization, maintenance, and repairs for various clients.

2016 | Delhi (India) | Active
Last Updated: December 11, 2024

Innovance Elevators Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.00 M
  • Revenue Growth -32.14%
  • Profit Growth 4.54%
  • Ebitda -56.11%
  • Net Worth 25.94%
  • Total Assets 31.06%

About Innovance Elevators Solutions

Innovance Elevators Solutions Private Limited (IESPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 December 2016 (Eight years and two months 8 days old ). Its registered office is in Delhi, India.

The Corporate was formerly known as Ambey Elevators Private Limited. The Company is engaged in the Engineering 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.

Amit Sharma and Krishna Kumar serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74999DL2016PTC308931

  • Company No.

    308931

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Dec 2016

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Engineering

What products or services does Innovance Elevators Solutions Private Limited offer?

Innovance Elevators Solutions Private Limited offers a wide range of products and services, including Elevators & Escalators, Elevator Doors, Passenger Lifts, Elevators, Goods Lift, Automotive Repair Tools & Equipments, Car Lift.

Who are the key members and board of directors at Innovance Elevators Solutions?

Board Members (2)

Name Designation Appointment Date Status
Amit Sharma Country flag representing In Additional Director 01-Aug-2017 Current
Krishna Kumar Country flag representing In Director 25-Dec-2023 Current

Financial Performance of Innovance Elevators Solutions.

Innovance Elevators Solutions Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 32.14% decrease. The company also saw a slight improvement in profitability, with a 4.54% increase in profit. The company's net worth Soared by an impressive increase of 25.94%.

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
-32.14%
Revenue from Operations
-32.73%
Total Assets
31.06%
Profit or Loss
4.54%
Net Worth
25.94%
EBITDA
-56.11%

What is the Ownership and Shareholding Structure of Innovance Elevators Solutions?

In 2020, Innovance Elevators Solutions 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

  • Others : 0.40 Cr

Latest Charge Details

Date Lender Amount Status
25 Aug 2020 Others ₹1.50 M Open
25 Aug 2020 Others ₹2.50 M Open

How Many Employees Work at Innovance Elevators Solutions?

Unlock and access historical data on people associated with Innovance Elevators Solutions, 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 Innovance Elevators Solutions, 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 Innovance Elevators Solutions'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 Innovance Elevators Solutions

Recent activity within the organization

  • Annual General Meeting

    Innovance Elevators Solutions Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Innovance Elevators Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Krishna Kumar was appointed as a Director was appointed as a Director on 25 Dec 2023 & has been associated with this company since 1 year 1 month .

    25 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 1.50 M with Charge ID 100369640 was registered on 25 Aug 2020.

    25 Aug 2020

  • Charges

    A charge with Others amounted to Rs. 2.50 M with Charge ID 100369662 was registered on 25 Aug 2020.

    25 Aug 2020

  • Director Appointment

    Amit Sharma was appointed as a Additional Director was appointed as a Additional Director on 01 Aug 2017 & has been associated with this company since 7 years 6 months .

    01 Aug 2017

Frequently asked questions

  • Innovance Elevators Solutions Private Limited was incorporated on 07 Dec 2016.

  • The authorized share capital of Innovance Elevators Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Innovance Elevators Solutions Private Limited.

    • Amit Sharma
    • Krishna Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innovance Elevators Solutions Private Limited is Plot No. 3-A Kh. No30/4, Village Matiyala Uttam Nagar India, Delhi, 110059.

  • The corporate identification number (CIN) of Innovance Elevators Solutions Private Limited is U74999DL2016PTC308931 and the company number is 308931 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Innovance Elevators Solutions Private Limited is https://www.innovanceelevators.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Innovance Elevators Solutions Private Limited has fallen by -32.14%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Innovance Elevators Solutions Private Limited has experienced an upsurge of 25.94%.

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

  • The most recent Balance Sheet for Innovance Elevators Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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