Innovation Filter Systems Private Limited

Manufacturer of industrial filtration systems for various sectors, including coolant and oil filtration.

1999 | Pune, Maharashtra (India) | Active
Last Updated: December 25, 2024

Innovation Filter Systems Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.39 M
  • Company Age 25 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.30 M
  • Satisfied Charges ₹ 1.20 M
  • Revenue Growth -17.86%
  • Profit Growth -24.74%
  • Ebitda -19.29%
  • Net Worth 10.74%
  • Total Assets 21.78%

About Innovation Filter Systems

Innovation Filter Systems Private Limited (IFSPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 July 1999 and has a history of 25 years and six months. Its registered office is in Pune, Maharashtra.

The Company is engaged in the Machinery And Equipment 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 2.00 M and a paid-up capital of Rs 1.39 M.

The company currently has active open charges totaling ₹0.30 M. The company has closed loans amounting to ₹1.20 M, as per Ministry of Corporate Affairs (MCA) records.

Milind Vaidya, Manasi Vaidya, Prabhakar Gokhale, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29197PN1999PTC013844

  • Company No.

    013844

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jul 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Innovation Filter Systems Private Limited offer?

Innovation Filter Systems Private Limited offers a wide range of products and services, including Bar, Neodymium & Permanent Magnets, Magnetic Separators, Pollution Control Devices & Machines, Bag Filter, Machines & Equipments, Industrial Filtration Systems, Electric Circuit Components & Spares, Electronic Filters.

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

Board Members (5)

Name Designation Appointment Date Status
Salil Vaidya Country flag representing In Director 16-May-2016 Current
Milind Vaidya Country flag representing In Director 23-Jul-1999 Current
Ajinkya Kelkar Country flag representing In Director 10-Aug-2015 Current
Manasi Vaidya Country flag representing In Director 23-Jul-1999 Current
Prabhakar Gokhale Country flag representing In Director 23-Jul-1999 Current

Financial Performance of Innovation Filter Systems.

Innovation Filter Systems Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 17.86% decrease. The company also saw a substantial fall in profitability, with a 24.74% decrease in profit. The company's net worth Soared by an impressive increase of 10.74%.

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
-17.86%
Revenue from Operations
-17.88%
Total Assets
21.78%
Profit or Loss
-24.74%
Net Worth
10.74%
EBITDA
-19.29%

What is the Ownership and Shareholding Structure of Innovation Filter Systems?

In 2021, Innovation Filter Systems had a promoter holding of 33.39% and a public holding of 66.61%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.30 M

Satisfied Charges

₹1.20 M

Charges Breakdown by Lending Institutions

  • Bank Of Maharashtra : 0.03 Cr

Latest Charge Details

Date Lender Amount Status
27 Dec 1999 Bank Of Maharashtra ₹0.30 M Open
05 Jan 2001 Bank Of Maharashtra ₹1.20 M Satisfied

How Many Employees Work at Innovation Filter Systems?

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

Recent activity within the organization

  • Annual General Meeting

    Innovation Filter Systems 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 Filter Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge registered on 05 Jan 2001 via Charge ID 90085605 with Bank Of Maharashtra was fully satisfied on 29 Jun 2020.

    29 Jun 2020

  • Director Appointment

    Salil Milind Vaidya was appointed as a Director was appointed as a Director on 16 May 2016 & has been associated with this company since 8 years 8 months .

    16 May 2016

  • Director Appointment

    Ajinkya Aniket Kelkar was appointed as a Director was appointed as a Director on 10 Aug 2015 & has been associated with this company since 9 years 6 months .

    10 Aug 2015

  • Charges

    A charge with Bank Of Maharashtra of Rs. 1.20 M registered on 05 Jan 2001 with Charge ID 90085605 was modified on 10 Jan 2014.

    10 Jan 2014

Frequently asked questions

  • Innovation Filter Systems Private Limited was incorporated on 23 Jul 1999.

  • The authorized share capital of Innovation Filter Systems Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.39 M.

  • Currently 5 directors are associated with Innovation Filter Systems Private Limited.

    • Milind Madhav Vaidya
    • Manasi Milind Vaidya
    • Prabhakar Sadashiv Gokhale
    • Ajinkya Aniket Kelkar
    • Salil Milind Vaidya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innovation Filter Systems Private Limited is Block No. 7 Gat 281/1 Kasar Amboli Ghotawade Phata, Tal Mulshi India, Pune, Maharashtra, 412111.

  • The corporate identification number (CIN) of Innovation Filter Systems Private Limited is U29197PN1999PTC013844 and the company number is 013844 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Innovation Filter Systems Private Limited is https://www.innovationfilter.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Innovation Filter Systems Private Limited has fallen by -17.86%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Innovation Filter Systems Private Limited has experienced an upsurge of 10.74%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Innovation Filter Systems Private Limited amount to ₹ 0.30 M.

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

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