Innovate Software Solutions Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 23 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 4.50 M
- Revenue Growth 28.81%
- Profit Growth 13.30%
- Ebitda 11.79%
- Net Worth 33.59%
- Total Assets 40.97%
About Innovate Software Solutions
Innovate Software Solutions Private Limited (ISSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 November 2001 and has a history of 23 years and three months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the E-Commerce 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 0.50 M and a paid-up capital of Rs 0.50 M.
The company has closed loans amounting to ₹4.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Prabhakaran Manjunath and Vijayalakshmi Rugmani serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U72900KA2001PTC029753
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Company No.
029753
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
12 Nov 2001
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Innovate Software Solutions Private Limited offer?
Innovate Software Solutions Private Limited offers a wide range of products and services, including Laptops, PC, Mainframes & Computers, Computer Systems, Process Control Systems & Equipments, Motor Controllers, Electric Circuit Components & Spares, Electronic Development Boards, Analyzers & Analytical Instruments, Elemental Analyzer, Solar & Renewable Energy Products, Solar Charge Controller.
Who are the key members and board of directors at Innovate Software Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prabhakaran Manjunath
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Managing Director | 12-Nov-2001 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Vijayalakshmi Rugmani
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Director | 17-Jul-2002 | Current |
Financial Performance of Innovate Software Solutions.
Innovate Software Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 28.81% increase. The company also saw a substantial improvement in profitability, with a 13.3% increase in profit. The company's net worth Soared by an impressive increase of 33.59%.
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What is the Ownership and Shareholding Structure of Innovate Software Solutions?
In 2022, Innovate Software Solutions had a promoter holding of 58.87% and a public holding of 41.13%. 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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Galieosoft Private LimitedPrabhakaran Manjunath and Vijayalakshmi Rugmani are mutual person
Charges (Loans)
₹0
₹4.50 M
Charges Breakdown by Lending Institutions
- Oriental Bank Of Commerce : 0.45 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Sep 2011 | Oriental Bank Of Commerce | ₹4.50 M | Satisfied |
How Many Employees Work at Innovate Software Solutions?
Unlock and access historical data on people associated with Innovate Software Solutions, 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 Software Solutions, 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 Software Solutions'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
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