Innovations Payment Services Limited

Provides payment gateway services under previous and current name.

1993 | Hyderabad, Telangana (India) | Active
Last Updated:

Innovations Payment Services Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.82 M
  • Company Age 31 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth %
  • Ebitda
  • Net Worth -0.44%
  • Total Assets %

About Innovations Payment Services

Innovations Payment Services Limited (IPSL) is a Public Limited Indian Non-Government Company incorporated in India on 25 June 1993 and has a history of 31 years and ten months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Innovations Capital Services Ltd. The Company is engaged in the Financial Services 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 5.00 M and a paid-up capital of Rs 1.82 M, as per Ministry of Corporate Affairs (MCA) records.

Venkata Prasasd, Lakshmi Garapati, and Venu Garapati serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65993TG1993PLC015921

  • Company No.

    015921

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Jun 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services
Company report

Innovations Payment Services Limited

Explore comprehensive data for Innovations Payment Services Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Innovations Payment Services?

Board Members (3)

NameDesignationAppointment DateStatus
Venu Garapati Country flag representing In Director 16-Jun-2017Current
Venkata Prasasd Country flag representing In Director 25-Jun-1993Current
Lakshmi Garapati Country flag representing In Director 05-Dec-1994Current

Financial Performance of Innovations Payment Services.

Innovations Payment Services Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth dipped by a decrease of 0.44%.

Innovations Payment Services revenue growth over time
Innovations Payment Services 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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
-0.44%
EBITDA

What is the Ownership and Shareholding Structure of Innovations Payment Services?

In 2020, Innovations Payment Services 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 Innovations Payment Services?

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

Employee growth trends for Innovations Payment Services Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Innovations Payment Services, 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 Innovations Payment Services's trajectory.

Rating

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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

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Latest Updates, News, and FAQs on Innovations Payment Services

Recent activity within the organization

  • Annual General Meeting

    Innovations Payment Services Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Innovations Payment Services Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

  • Director Appointment

    Venu Garapati was appointed as a Director was appointed as a Director on 16 Jun 2017 & has been associated with this company since 7 years 11 months .

  • Director Appointment

    Lakshmi Vvv Garapati was appointed as a Director was appointed as a Director on 05 Dec 1994 & has been associated with this company since 30 years 5 months .

  • Director Appointment

    Venkata Garapati Siva Sundara Prasasd was appointed as a Director was appointed as a Director on 25 Jun 1993 & has been associated with this company since 31 years 10 months .

  • Company Incorporation

    Innovations Payment Services Limited was registered on 25 Jun 1993 with Roc Hyderabad & aged 31 years 10 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Innovations Payment Services Limited?

    Innovations Payment Services Limited was incorporated on 25 Jun 1993.

  • What is authorized share capital and paid-up capital of Innovations Payment Services Limited?

    The authorized share capital of Innovations Payment Services Limited is ₹ 5.00 M and paid-up capital is ₹ 1.82 M.

  • Who are the current board members & directors of Innovations Payment Services Limited?

    Currently 3 directors are associated with Innovations Payment Services Limited.

    • Venkata Garapati Siva Sundara Prasasd
    • Lakshmi Vvv Garapati
    • Venu Garapati

  • What is the registered address of Innovations Payment Services Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Innovations Payment Services Limited is H No. 8-2-269/100 Plot 100 Sagar Society Road 2, Banjara Hills India, Hyderabad, Telangana, 500036.

  • What is the corporate identification number (CIN) and company number of Innovations Payment Services Limited?

    The corporate identification number (CIN) of Innovations Payment Services Limited is U65993TG1993PLC015921 and the company number is 015921 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Innovations Payment Services Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Innovations Payment Services Limited has experienced an downturn of -0.44%.

  • When was the last Balance Sheet of Innovations Payment Services Limited filed with the ROC?

    The most recent Balance Sheet for Innovations Payment Services Limited was filed with the ROC on 31 Mar 2023.

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