Innovatit Solutions (India) Private Limited logo

Innovatit Solutions (India) Private Limited

Software design and development services, training, support, consulting, and custom solutions.
2008 | Guntur, Andhra Pradesh (India) | Active

Last Updated:

December 12, 2024
HomeCompanyInnovatit Solutions (India) Private Limited

Who are the key members and board of directors at Innovatit Solutions (India)?

Board Members(3)

NameDesignationAppointment DateStatus
Devisetty Rao Us Director 22-Sep-2008Current
Sarathkumar Devisetty In Director 22-Sep-2008Current
Ramadevi Devisetty In Director 03-Nov-2018Current

Financial Performance of Innovatit Solutions (India).

Innovatit Solutions (India) Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 33.13% decrease. The company also saw a slight improvement in profitability, with a 8.65% increase in profit. The company's net worth observed a substantial decline by a decrease of 236.16%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-33.13%
Revenue from Operations
-30.49%
Total Assets
3.46%
Profit or Loss
8.65%
Net Worth
-236.16%
EBITDA
22.58%

Charges (Loans)

Charges

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

How Many Employees Work at Innovatit Solutions (India)?

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

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Innovatit Solutions (India)

Recent activity within the organization

  • Annual General Meeting

    Innovatit Solutions (India) Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Innovatit Solutions (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

    31 Mar 2024

  • Director Appointment

    Ramadevi Devisetty was appointed as a Director was appointed as a Director on 03 Nov 2018 & has been associated with this company since 6 years 2 months .

    03 Nov 2018

  • Director Appointment

    Sarathkumar Devisetty was appointed as a Director was appointed as a Director on 22 Sep 2008 & has been associated with this company since 16 years 3 months .

    22 Sep 2008

  • Director Appointment

    Devisetty Narasimha Rao was appointed as a Director was appointed as a Director on 22 Sep 2008 & has been associated with this company since 16 years 3 months .

    22 Sep 2008

  • Company Incorporation

    Innovatit Solutions (India) Private Limited was registered on 22 Sep 2008 with Roc Vijayawada & aged 16 years 3 months as per MCA records.

    22 Sep 2008

Frequently asked questions

  • Innovatit Solutions (India) Private Limited was incorporated on 22 Sep 2008.

  • The authorized share capital of Innovatit Solutions (India) Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Innovatit Solutions (India) Private Limited.

    • Sarathkumar Devisetty
    • Devisetty Narasimha Rao
    • Ramadevi Devisetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innovatit Solutions (India) Private Limited is 4-20-4 Jkc College Road India, Guntur, Andhra Pradesh, 522006.

  • The corporate identification number (CIN) of Innovatit Solutions (India) Private Limited is U72200AP2008PTC061144 and the company number is 061144 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Innovatit Solutions (India) Private Limited is https://www.innovatit.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Innovatit Solutions (India) Private Limited has fallen by -33.13%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Innovatit Solutions (India) Private Limited has experienced an downturn of -236.16%.

  • The most recent Balance Sheet for Innovatit Solutions (India) Private Limited was filed with the ROC on 31 Mar 2024.

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