Innovation Coatings Private Limited

Manufacturer of adhesives, coatings, and paints under various brand names.

1995 | Chandigarh (India) | Active
Last Updated: December 13, 2024

Innovation Coatings Profile

Key Indicators

  • Authorised Capital ₹ 0.45 M
  • Paid Up Capital ₹ 0.32 M
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.40 M
  • Revenue Growth 47.27%
  • Profit Growth 14.06%
  • Ebitda 39.55%
  • Net Worth 18.34%
  • Total Assets 17.80%

About Innovation Coatings

Innovation Coatings Private Limited (ICPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 April 1995 and has a history of 29 years and ten months. Its registered office is in Chandigarh, India.

The Company is engaged in the Manufacturing 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 0.45 M and a paid-up capital of Rs 0.32 M.

The company currently has active open charges totaling ₹2.40 M.

Diksha Bhanot and Deepak Bhanot serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    innovationcoatings.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24222CH1995PTC016232

  • Company No.

    016232

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Apr 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

What products or services does Innovation Coatings Private Limited offer?

Innovation Coatings Private Limited offers a wide range of products and services, including Adhesives, Glue and Sealants, Epoxy Adhesives, Anaerobic Adhesives, Metal Adhesive, Adhesive Chemical, Polyurethane Sealants, Resin Adhesives, PU Paints and Coatings, PU Paints, Silicone Sealant.

Who are the key members and board of directors at Innovation Coatings?

Board Members (2)

NameDesignationAppointment DateStatus
Diksha Bhanot Country flag representing In Director 18-Apr-1995Current
Deepak Bhanot Country flag representing In Director 18-Apr-1995Current

Financial Performance of Innovation Coatings.

Innovation Coatings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.27% increase. The company also saw a substantial improvement in profitability, with a 14.06% increase in profit. The company's net worth Soared by an impressive increase of 18.34%.

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
47.27%
Revenue from Operations
47.24%
Total Assets
17.80%
Profit or Loss
14.06%
Net Worth
18.34%
EBITDA
39.55%

What is the Ownership and Shareholding Structure of Innovation Coatings?

Unlock access to Innovation Coatings's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.40 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.24 Cr

Latest Charge Details

DateLenderAmountStatus
17 Mar 1999State Bank Of India₹0.80 MOpen
17 Mar 1999State Bank Of India₹0.80 MOpen
17 Feb 1999State Bank Of India₹0.80 MOpen

How Many Employees Work at Innovation Coatings?

Unlock and access historical data on people associated with Innovation Coatings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Innovation Coatings, 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 Innovation Coatings'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 Innovation Coatings

Recent activity within the organization

  • Annual General Meeting

    Innovation Coatings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Innovation Coatings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 0.80 M registered on 17 Mar 1999 with Charge ID 90175921 was modified on 04 Mar 2003.

    04 Mar 2003

  • Charges

    A charge with State Bank Of India of Rs. 0.80 M registered on 17 Feb 1999 with Charge ID 90309223 was modified on 04 Mar 2003.

    04 Mar 2003

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.80 M with Charge ID 90173656 was registered on 17 Mar 1999.

    17 Mar 1999

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.80 M with Charge ID 90175921 was registered on 17 Mar 1999.

    17 Mar 1999

Frequently asked questions

  • Innovation Coatings Private Limited was incorporated on 18 Apr 1995.

  • The authorized share capital of Innovation Coatings Private Limited is ₹ 0.45 M and paid-up capital is ₹ 0.32 M.

  • Currently 2 directors are associated with Innovation Coatings Private Limited.

    • Diksha Bhanot
    • Deepak Bhanot
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innovation Coatings Private Limited is Plot No. 182/53 Industrial Area, Phase I India, Chandigarh, 160001.

  • The corporate identification number (CIN) of Innovation Coatings Private Limited is U24222CH1995PTC016232 and the company number is 016232 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Innovation Coatings Private Limited is https://www.innovationcoatings.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Innovation Coatings Private Limited has risen by 47.27%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Innovation Coatings Private Limited has experienced an upsurge of 18.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Innovation Coatings Private Limited amount to ₹ 2.40 M.

  • The most recent Balance Sheet for Innovation Coatings Private Limited was filed with the ROC on 31 Mar 2024.

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