Innovare Labs Profile
Key Indicators
- Authorised Capital ₹ 20.50 Cr
- Paid Up Capital ₹ 20.17 Cr
- Company Age 12 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 192.74 Cr
- Revenue Growth -20.86%
- Profit Growth -44.51%
- Ebitda -58.19%
- Net Worth -48.66%
- Total Assets -2.13%
About Innovare Labs
Innovare Labs Private Limited (ILPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 August 2012 and has a history of 12 years and six months. Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Pharma 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 20.50 Cr and a paid-up capital of Rs 20.17 Cr.
The company currently has active open charges totaling ₹192.74 Cr.
The Key Managerial Personnel (KMP) at Innovare Labs Private Limited India are Indukuri Kumar as CEO and Anil Kumar as Cfo. Tadikonda Ravi, Sunkary Gopal, Indukuri Kumar, and One other member serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24233TG2012PTC082289
- Company No.
082289
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Aug 2012
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
What products or services does Innovare Labs Private Limited offer?
Innovare Labs Private Limited offers a wide range of products and services, including Corporate and Soft Skills Training, Personality Development.
Who are the key members and board of directors at Innovare Labs?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Indukuri Kumar  | CEO | 01-Apr-2017 | Current |
| Anil Kumar | CFO | 02-Mar-2017 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tadikonda Ravi  | Whole-Time Director | 02-Aug-2012 | Current |
| Sunkary Gopal | Director | 02-Aug-2012 | Current |
| Manda Reddy | Director | 02-Aug-2012 | Current |
Financial Performance of Innovare Labs.
Innovare Labs Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.86% decrease. The company also saw a substantial fall in profitability, with a 44.51% decrease in profit. The company's net worth observed a substantial decline by a decrease of 48.66%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Innovare Labs?
In 2023, Innovare Labs had a promoter holding of 44.99% and a public holding of 55.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹192.74 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 172.74 Cr
- Hdfc Bank Limited : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Mar 2022 | Others | ₹8.00 Cr | Open |
| 29 Dec 2021 | Others | ₹11.68 Cr | Open |
| 02 Nov 2021 | Others | ₹1.50 M | Open |
| 30 Mar 2021 | Others | ₹15.00 Cr | Open |
| 05 Jan 2021 | Others | ₹14.56 Cr | Open |
How Many Employees Work at Innovare Labs?
Innovare Labs has a workforce of 425 employees as of Apr 08, 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 Innovare Labs, 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 Innovare Labs'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.
