Innovateminds Software Solutions Private Limited

Provides engineering design services and solutions for transportation industry, including CAD/CAM, CAE, and technical publication.

2005 | Bangaluru, Karnataka (India) | Active
Last Updated: December 06, 2024

Innovateminds Software Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 19 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -67.03%
  • Profit Growth -132.31%
  • Ebitda -96.45%
  • Net Worth -1.43%
  • Total Assets -4.21%

About Innovateminds Software Solutions

Innovateminds Software Solutions Private Limited (ISSPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 June 2005 and has a history of 19 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Engineering 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 2.50 M and a paid-up capital of Rs 2.50 M, as per Ministry of Corporate Affairs (MCA) records.

Seetha Prashanthi, Sreelatha Seetha, and Kumar Chengalrayan serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    innovateminds.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2005PTC036530

  • Company No.

    036530

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jun 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Engineering
Business Outsourcing

What products or services does Innovateminds Software Solutions Private Limited offer?

Innovateminds Software Solutions Private Limited offers a wide range of products and services, including BPO Services, Outsourcing Service, Software Consulting Service, Project Consultants, Engineering Consulting.

Who are the key members and board of directors at Innovateminds Software Solutions?

Board Members (3)

Name Designation Appointment Date Status
Seetha Prashanthi Director 10-Oct-2024 Current
Sreelatha Seetha Country flag representing In Director 28-Aug-2018 Current
Kumar Chengalrayan Country flag representing In Director 18-Nov-2005 Current

Financial Performance of Innovateminds Software Solutions.

Innovateminds Software Solutions Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 67.03% decrease. The company also saw a substantial fall in profitability, with a 132.31% decrease in profit. The company's net worth dipped by a decrease of 1.43%.

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
-67.03%
Revenue from Operations
-67.77%
Total Assets
-4.21%
Profit or Loss
-132.31%
Net Worth
-1.43%
EBITDA
-96.45%

What is the Ownership and Shareholding Structure of Innovateminds Software Solutions?

In 2021, Innovateminds Software Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Innovateminds Software Solutions?

Innovateminds Software Solutions has a workforce of 2 employees as of Mar 24, 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 Innovateminds 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 Innovateminds Software Solutions'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 Innovateminds Software Solutions

Recent activity within the organization

  • Director Appointment

    Seetha Venkata Sai Raghava Prashanthi was appointed as a Director was appointed as a Director on 10 Oct 2024 & has been associated with this company since 4 months 6 days .

    10 Oct 2024

  • Annual General Meeting

    Innovateminds Software Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Innovateminds Software Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Sreelatha Seetha was appointed as a Director was appointed as a Director on 28 Aug 2018 & has been associated with this company since 6 years 5 months .

    28 Aug 2018

  • Director Appointment

    Kumar Swamy Pannuru Chengalrayan was appointed as a Director was appointed as a Director on 18 Nov 2005 & has been associated with this company since 19 years 2 months .

    18 Nov 2005

  • Company Incorporation

    Innovateminds Software Solutions Private Limited was registered on 13 Jun 2005 with Roc Bangalore & aged 19 years 8 months as per MCA records.

    13 Jun 2005

Frequently asked questions

  • Innovateminds Software Solutions Private Limited was incorporated on 13 Jun 2005.

  • The authorized share capital of Innovateminds Software Solutions Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with Innovateminds Software Solutions Private Limited.

    • Seetha Venkata Sai Raghava Prashanthi
    • Sreelatha Seetha
    • Kumar Swamy Pannuru Chengalrayan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innovateminds Software Solutions Private Limited is 923 V R Arcade 1St Floor Near Corporation Bank Ideal Homes Layout, Rajarajeshwarinagar India, Bangalore, Karnataka, 560098.

  • The corporate identification number (CIN) of Innovateminds Software Solutions Private Limited is U72200KA2005PTC036530 and the company number is 036530 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Innovateminds Software Solutions Private Limited is https://www.innovateminds.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Innovateminds Software Solutions Private Limited has fallen by -67.03%.

  • As Per 2021 financial reports, 2 employees are currently employed by Innovateminds Software Solutions Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Innovateminds Software Solutions Private Limited has experienced an downturn of -1.43%.

  • The most recent Balance Sheet for Innovateminds Software Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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