Innovate Networks E-Services Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 M
- Company Age 15 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- 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 three months. Its registered office is in Bangaluru, 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 2024. 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.
Arun Aravindakshan, Anoop Aravindakshan, Stanley Stephen, and One other member serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72400KA2009PTC051984
- Company No.
051984
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Dec 2009
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Internet
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  | Director | 30-Dec-2009 | Current |
| Arun Aravindakshan | Director | 18-Mar-2013 | Current |
| Aravindakshan Pappu | Director | 01-Jan-2013 | Current |
| Anoop Aravindakshan | 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%.
- Key Matrics
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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)
Investitude Trading Solutions Private LimitedAnoop Aravindakshan is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Innovate Networks E-Services
Recent activity within the organization
- Annual General Meeting
Innovate Networks E-Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Innovate Networks E-Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge registered on 23 Mar 2016 via Charge ID 100033561 with Citi Bank N.A. was fully satisfied on 22 Nov 2022.
- Charges
A charge with Citi Bank N.A. amounted to Rs. 0.55 Cr with Charge ID 100033561 was registered on 23 Mar 2016.
- Director Appointment
Arun Aravindakshan was appointed as a Director was appointed as a Director on 18 Mar 2013 & has been associated with this company since 12 years 14 days .
- Director Appointment
Aravindakshan Pappu was appointed as a Director was appointed as a Director on 01 Jan 2013 & has been associated with this company since 12 years 3 months .
Frequently asked questions
What is the Incorporation or founding date of Innovate Networks E-Services Private Limited?
Innovate Networks E-Services Private Limited was incorporated on 30 Dec 2009.
What is authorized share capital and paid-up capital of Innovate Networks E-Services Private Limited?
The authorized share capital of Innovate Networks E-Services Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 M.
Who are the current board members & directors of Innovate Networks E-Services Private Limited?
Currently 4 directors are associated with Innovate Networks E-Services Private Limited.
- Arun Aravindakshan
- Anoop Aravindakshan
- Stanley M Stephen
- Aravindakshan Pappu
What is the registered address of Innovate Networks E-Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Innovate Networks E-Services Private Limited is No.234 1St Floor 16Th Main 22Nd Cross 3Rd Sector, Hsr Layout India, Bangalore, Karnataka, 560102.
What is the corporate identification number (CIN) and company number of Innovate Networks E-Services Private Limited?
The corporate identification number (CIN) of Innovate Networks E-Services Private Limited is U72400KA2009PTC051984 and the company number is 051984 as per Ministry of Corporate Affairs (MCA).
What is the official website of Innovate Networks E-Services Private Limited?
The Official website of Innovate Networks E-Services Private Limited is https://www.innovatenetworks.com
What has been the recent revenue trend for Innovate Networks E-Services Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Innovate Networks E-Services Private Limited has risen by 49.31%.
What change has been observed in the net worth of Innovate Networks E-Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Innovate Networks E-Services Private Limited has experienced an upsurge of 1.30%.
When was the last Balance Sheet of Innovate Networks E-Services Private Limited filed with the ROC?
The most recent Balance Sheet for Innovate Networks E-Services Private Limited was filed with the ROC on 31 Mar 2024.