Innovative Automation Private Limited

Manufactures gas safety and flow regulation equipment, including valves, detectors, and controllers.

2005 | Pune, Maharashtra (India) | Active
Last Updated: October 24, 2024

Innovative Automation Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 19 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.88 Cr
  • Satisfied Charges ₹ 3.52 Cr
  • Revenue Growth 75.66%
  • Profit Growth 83.42%
  • Ebitda 94.65%
  • Net Worth 62.17%
  • Total Assets 49.98%

About Innovative Automation

Innovative Automation Private Limited (IAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 March 2005 and has a history of 19 years and ten months. Its registered office is in Pune, Maharashtra, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹7.88 Cr. The company has closed loans amounting to ₹3.52 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vishwas Joglekar and Shubhangi Joglekar serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31909PN2005PTC022157

  • Company No.

    022157

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Mar 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Innovative Automation Private Limited offer?

Innovative Automation Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Solenoid Valves, Boilers & Boiler Parts, Boiler Fittings, Motorized Valve, Measuring Equipments & Instruments, Gas Measurement Instruments, Fire Fighting & Prevention Products, Fire Alarm Systems, Hydraulic & Pneumatic Machines.

Who are the key members and board of directors at Innovative Automation?

Board Members (2)

Name Designation Appointment Date Status
Vishwas Joglekar Country flag representing In Director 29-Mar-2005 Current
Shubhangi Joglekar Country flag representing In Additional Director 05-Feb-2024 Current

Financial Performance of Innovative Automation.

Innovative Automation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 75.66% increase. The company also saw a substantial improvement in profitability, with a 83.42% increase in profit. The company's net worth Soared by an impressive increase of 62.17%.

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
75.66%
Revenue from Operations
77.53%
Total Assets
49.98%
Profit or Loss
83.42%
Net Worth
62.17%
EBITDA
94.65%

What is the Ownership and Shareholding Structure of Innovative Automation?

In 2023, Innovative Automation 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)

Open Charges

₹78.79 M

Satisfied Charges

₹35.25 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 5.00 Cr
  • Others : 2.88 Cr

Latest Charge Details

Date Lender Amount Status
28 Feb 2024 Axis Bank Limited ₹5.00 Cr Open
04 Jun 2021 Others ₹0.79 M Open
12 Mar 2018 Others ₹3.00 M Open
12 Mar 2018 Others ₹2.50 Cr Open
25 Feb 2022 Others ₹2.30 Cr Satisfied

How Many Employees Work at Innovative Automation?

Unlock and access historical data on people associated with Innovative Automation, 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 Innovative Automation, 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 Innovative Automation'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 Innovative Automation

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 50.00 M with Charge ID 100887163 was registered on 28 Feb 2024.

    28 Feb 2024

  • Charges

    A charge registered on 25 Feb 2022 via Charge ID 100548503 with Others was fully satisfied on 16 Feb 2024.

    16 Feb 2024

  • Director Appointment

    Shubhangi Vishwas Joglekar was appointed as a Additional Director was appointed as a Additional Director on 05 Feb 2024 & has been associated with this company since 1 year 3 days .

    05 Feb 2024

  • Charges

    A charge registered on 07 Nov 2006 via Charge ID 10029552 with Bank Of Maharashtra was fully satisfied on 01 Feb 2024.

    01 Feb 2024

  • Annual General Meeting

    Innovative Automation Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Innovative Automation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

Frequently asked questions

  • Innovative Automation Private Limited was incorporated on 29 Mar 2005.

  • The authorized share capital of Innovative Automation Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Innovative Automation Private Limited.

    • Vishwas Yashavant Joglekar
    • Shubhangi Vishwas Joglekar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innovative Automation Private Limited is Gat No.39/A M. No-89 Shed No-01, Bhor India, Pune, Maharashtra, 412205.

  • The corporate identification number (CIN) of Innovative Automation Private Limited is U31909PN2005PTC022157 and the company number is 022157 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Innovative Automation Private Limited is https://www.iaplindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Innovative Automation Private Limited has risen by 75.66%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Innovative Automation Private Limited has experienced an upsurge of 62.17%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Innovative Automation Private Limited amount to ₹ 7.88 Cr.

  • The most recent Balance Sheet for Innovative Automation Private Limited was filed with the ROC on 31 Mar 2023.

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