Innovation Electronics Pvt Ltd

Manufacturer and supplier of electronic components since 1983, based in Pune, Maharashtra.

1983 | Pune, Maharashtra (India) | Active
Last Updated: October 24, 2024

Innovation Electronics Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 K
  • Company Age 41 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 12.15%
  • Profit Growth -10.51%
  • Ebitda -12.30%
  • Net Worth 34.90%
  • Total Assets 37.41%

About Innovation Electronics

Innovation Electronics Pvt Ltd (IEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 April 1983 and has a history of 41 years and ten months. Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Consumer Electronics & Durables 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 0.10 M and a paid-up capital of Rs 0.10 K , as per Ministry of Corporate Affairs (MCA) records.

Amruta Somvanshi and Rahul Somvanshi serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31909MH1983PTC029755

  • Company No.

    029755

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Apr 1983

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Consumer Electronics & Durables

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

Board Members (2)

NameDesignationAppointment DateStatus
Amruta Somvanshi Country flag representing In Director 01-Oct-2009Current
Rahul Somvanshi Country flag representing In Director 01-Oct-2009Current

Financial Performance of Innovation Electronics.

Innovation Electronics Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 12.15% increase. The company also saw a substantial fall in profitability, with a 10.51% decrease in profit. The company's net worth Soared by an impressive increase of 34.9%.

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
12.15%
Revenue from Operations
12.13%
Total Assets
37.41%
Profit or Loss
-10.51%
Net Worth
34.90%
EBITDA
-12.30%

What is the Ownership and Shareholding Structure of Innovation Electronics?

In 2023, Innovation Electronics 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 Innovation Electronics?

Unlock and access historical data on people associated with Innovation Electronics, 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 Electronics, 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 Electronics'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 Electronics

Recent activity within the organization

  • Annual General Meeting

    Innovation Electronics Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Innovation Electronics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Amruta Rahul Somvanshi was appointed as a Director was appointed as a Director on 01 Oct 2009 & has been associated with this company since 15 years 4 months .

    01 Oct 2009

  • Director Appointment

    Rahul Ashok Somvanshi was appointed as a Director was appointed as a Director on 01 Oct 2009 & has been associated with this company since 15 years 4 months .

    01 Oct 2009

  • Company Incorporation

    Innovation Electronics Pvt Ltd was registered on 08 Apr 1983 with Roc Pune & aged 41 years 10 months as per MCA records.

    08 Apr 1983

Frequently asked questions

  • Innovation Electronics Pvt Ltd was incorporated on 08 Apr 1983.

  • The authorized share capital of Innovation Electronics Pvt Ltd is ₹ 0.10 M and paid-up capital is ₹ 0.10 K .

  • Currently 2 directors are associated with Innovation Electronics Pvt Ltd.

    • Amruta Rahul Somvanshi
    • Rahul Ashok Somvanshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innovation Electronics Pvt Ltd is Sub Plot No.17 Final No.109 Ramtekdi Industrial Estate, Hadapsar India, Pune, Maharashtra, 411028.

  • The corporate identification number (CIN) of Innovation Electronics Pvt Ltd is U31909MH1983PTC029755 and the company number is 029755 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Innovation Electronics Pvt Ltd has risen by 12.15%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Innovation Electronics Pvt Ltd has experienced an upsurge of 34.90%.

  • The most recent Balance Sheet for Innovation Electronics Pvt Ltd was filed with the ROC on 31 Mar 2023.

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