Innovate Securities Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
as on 14-12-2024
- Paid Up Capital ₹ 3.63 Cr
as on 14-12-2024
- Company Age 31 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Revenue -50.04%
(FY 2023)
- Profit -71.61%
(FY 2023)
- Ebitda -66.97%
(FY 2023)
- Net Worth 6.06%
(FY 2023)
- Total Assets 2.53%
(FY 2023)
About Innovate Securities
The Company is engaged in the Financial Services 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 4.00 Cr and a paid-up capital of Rs 3.63 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kashyap Mehta, Amar Parikh, Pimal Panchal, and One other member serve as directors at the Company.
- CIN/LLPIN
U67120GJ1993PTC020487
- Company No.
020487
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Oct 1993
- Date of AGM
14 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Innovate Securities?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amar Parikh  | Managing Director | 22-Oct-1993 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amit Shah | Whole-Time Director | 21-Mar-2018 | Current |
| Kashyap Mehta | Director | 15-Sep-1994 | Current |
| Pimal Panchal | Whole-Time Director | 23-Apr-2014 | Current |
Financial Performance and Corporate Structure Insights of Innovate Securities.
Innovate Securities Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 50.04% decrease. The company also saw a substantial fall in profitability, with a 71.61% decrease in profit. The company's net worth moved up by a moderate rise of 6.06%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Innovate Securities?
In 2023, Innovate Securities had a public holding of 32.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
_LIMITED.webp)
Granula Masterbatches India Private LimitedActive 8 years 10 monthsKashyap Mehta is a mutual person
Innovate Derivatives Private LimitedActive 18 years 10 monthsKashyap Mehta, Amar Parikh and 1 more are mutual person
_LIMITED.webp)
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Innovate Securities?
Unlock and access historical data on people associated with Innovate Securities, 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 Securities, 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 Securities'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.
