Innovassynth Technologies (India ) Limited

Specialty chemical contract manufacturing for pharmaceutical and drug discovery companies, with diverse product range.

2001 | Raigarh, Maharashtra (India) | Active
Last Updated: October 24, 2024

Innovassynth Technologies (India ) Profile

Key Indicators

  • Authorised Capital ₹ 76.00 Cr
  • Paid Up Capital ₹ 75.02 Cr
  • Company Age 23 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 66.24 Cr
  • Satisfied Charges ₹ 107.95 Cr
  • Revenue Growth -0.36%
  • Profit Growth -113.21%
  • Ebitda -89.19%
  • Net Worth 1.38%
  • Total Assets 1.29%

About Innovassynth Technologies (India )

Innovassynth Technologies (India ) Limited (ITIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 December 2001 and has a history of 23 years and two months. Its registered office is in Raigarh, Maharashtra, India.

The Company is engaged in the Chemicals And Materials 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 76.00 Cr and a paid-up capital of Rs 75.02 Cr.

The company currently has active open charges totaling ₹66.24 Cr. The company has closed loans amounting to ₹107.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Innovassynth Technologies (India ) Limited India are Hardik Joshipura as CEO and Raghuveer Aryapu as Cfo. Viren Raheja, Akshay Raheja, Krishnarajanagar Nagappa, and Two other members serve as directors at the Company.

Company Details

  • Location

    Raigarh, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    innovassynth.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24110MH2001PLC134105

  • Company No.

    134105

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Dec 2001

  • Date of AGM

    09 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

Who are the key members and board of directors at Innovassynth Technologies (India )?

Executive Team (2)

NameDesignationAppointment DateStatus
Hardik Joshipura Country flag representing In Managing Director15-Nov-2021Current
Raghuveer Aryapu Country flag representing In CFO30-Jun-2014Current

Board Members (4)

NameDesignationAppointment DateStatus
Viren Raheja Country flag representing In Director 25-Jun-2008Current
Akshay Raheja Country flag representing In Director 29-Sep-2022Current
Krishnarajanagar Nagappa Country flag representing In Director 19-Mar-2015Current
Prosenjit Gupta Country flag representing In Director 25-Aug-2023Current

Financial Performance of Innovassynth Technologies (India ).

Innovassynth Technologies (India ) Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.36% decrease. The company also saw a substantial fall in profitability, with a 113.21% decrease in profit. The company's net worth moved up by a moderate rise of 1.38%.

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
-0.36%
Revenue from Operations
-0.42%
Total Assets
1.29%
Profit or Loss
-113.21%
Net Worth
1.38%
EBITDA
-89.19%

What is the Ownership and Shareholding Structure of Innovassynth Technologies (India )?

In 2023, Innovassynth Technologies (India ) had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹66.24 Cr

Satisfied Charges

₹107.95 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 66.24 Cr

Latest Charge Details

DateLenderAmountStatus
27 Oct 2012Axis Bank Limited₹66.24 CrOpen
21 Feb 2022Axis Bank Limited₹21.00 CrSatisfied
14 Dec 2018Axis Bank Limited₹1.50 CrSatisfied
27 Apr 2018Axis Bank Limited₹5.00 CrSatisfied
29 Jul 2017Axis Bank Limited₹12.65 CrSatisfied

How Many Employees Work at Innovassynth Technologies (India )?

Innovassynth Technologies (India ) has a workforce of 325 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Innovassynth Technologies (India ), 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 Innovassynth Technologies (India )'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 Innovassynth Technologies (India )

Recent activity within the organization

  • Annual General Meeting

    Innovassynth Technologies (India ) Limited last Annual general meeting of members was held on 09 Aug 2024 as per latest MCA records.

    09 Aug 2024

  • Balance Sheet

    Innovassynth Technologies (India ) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 66.24 Cr registered on 27 Oct 2012 with Charge ID 10386825 was modified on 28 Sep 2023.

    28 Sep 2023

  • Director Appointment

    Prosenjit Gupta was appointed as a Director was appointed as a Director on 25 Aug 2023 & has been associated with this company since 1 year 5 months .

    25 Aug 2023

  • Charges

    A charge registered on 21 Feb 2022 via Charge ID 100545176 with Axis Bank Limited was fully satisfied on 14 Dec 2022.

    14 Dec 2022

  • Director Appointment

    Akshay Rajan Raheja was appointed as a Director was appointed as a Director on 29 Sep 2022 & has been associated with this company since 2 years 4 months .

    29 Sep 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Innovassynth Technologies (India ) Limited was incorporated on 04 Dec 2001.

  • The authorized share capital of Innovassynth Technologies (India ) Limited is ₹ 76.00 Cr and paid-up capital is ₹ 75.02 Cr.

  • Currently 7 directors are associated with Innovassynth Technologies (India ) Limited.

    • Viren Rajan Raheja
    • Akshay Rajan Raheja
    • Krishnarajanagar Ganesh Nagappa
    • Hardik Mahesh Joshipura
    • Prosenjit Gupta
    • Hardik Mahesh Joshipura
    • Raghuveer Aryapu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innovassynth Technologies (India ) Limited is Innovassynth Technologies (India) Limited Old Mumbai - Pune Road, Khopoli, Maharashtra, 410203.

  • The corporate identification number (CIN) of Innovassynth Technologies (India ) Limited is U24110MH2001PLC134105 and the company number is 134105 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Innovassynth Technologies (India ) Limited is https://www.innovassynth.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Innovassynth Technologies (India ) Limited has fallen by -0.36%.

  • As Per 2023 financial reports, 325 employees are currently employed by Innovassynth Technologies (India ) Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Innovassynth Technologies (India ) Limited has experienced an upsurge of 1.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Innovassynth Technologies (India ) Limited amount to ₹ 66.24 Cr.

  • The most recent Balance Sheet for Innovassynth Technologies (India ) Limited was filed with the ROC on 31 Mar 2024.

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