Innovate Networks E-Services Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 M
- Company Age 15 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 5.50 M
- Revenue Growth 49.31%
- Profit Growth 1053.29%
- Ebitda -63.90%
- Net Worth 1.30%
- Total Assets 15.67%
About Innovate Networks E-Services
Innovate Networks E-Services Private Limited (INEPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 December 2009 and has a history of 15 years and one month. Its registered office is in Bangalore, Karnataka, India.
The Company is engaged in the Internet 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 1.00 Cr and a paid-up capital of Rs 1.00 M.
The company has closed loans amounting to ₹5.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Stanley Stephen, Anoop Aravindakshan, Aravindakshan Pappu, and One other member serve as directors at the Company.
Company Details
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Location
Bangalore, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U72400KA2009PTC051984
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Company No.
051984
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
30 Dec 2009
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Innovate Networks E-Services Private Limited offer?
Innovate Networks E-Services Private Limited offers a wide range of products and services, including Computer and Networking Solutions, Networking Solutions.
Who are the key members and board of directors at Innovate Networks E-Services?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Stanley Stephen
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Director | 30-Dec-2009 | Current |
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Arun Aravindakshan
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Director | 18-Mar-2013 | Current |
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Aravindakshan Pappu
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Director | 01-Jan-2013 | Current |
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Anoop Aravindakshan
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Director | 30-Dec-2009 | Current |
Financial Performance of Innovate Networks E-Services.
Innovate Networks E-Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.31% increase. The company also saw a substantial improvement in profitability, with a 1053.29% increase in profit. The company's net worth moved up by a moderate rise of 1.3%.
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What is the Ownership and Shareholding Structure of Innovate Networks E-Services?
In 2023, Innovate Networks E-Services had a promoter holding of 66.67% and a public holding of 33.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Investitude Trading Solutions Private LimitedAnoop Aravindakshan is a mutual person
Charges (Loans)
₹0
₹0.55 Cr
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 0.55 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Mar 2016 | Citi Bank N.A. | ₹5.50 M | Satisfied |
How Many Employees Work at Innovate Networks E-Services?
Unlock and access historical data on people associated with Innovate Networks E-Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Innovate Networks E-Services, 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 Innovate Networks E-Services'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.