Innovative Clad Solutions Private Limited

Manufacturer of clad metal strips and coils for various applications, with global sales network and ISO certification.

2008 | New Delhi, Delhi (India) | Active
Last Updated: June 27, 2024

Innovative Clad Solutions Profile

Key Indicators

  • Authorised Capital ₹ 101.50 Cr
  • Paid Up Capital ₹ 100.47 Cr
  • Company Age 17 Year, 10 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 40.95 Cr
  • Revenue Growth 3.55%
  • Profit Growth -50.40%
  • Ebitda -9.74%
  • Net Worth 15.43%
  • Total Assets 15.99%

About Innovative Clad Solutions

Innovative Clad Solutions Private Limited (ICSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 February 2008 and has a history of 17 years. Its registered office is in New Delhi, Delhi, 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 101.50 Cr and a paid-up capital of Rs 100.47 Cr.

The company has closed loans amounting to ₹40.95 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Innovative Clad Solutions Private Limited India is Megha Bata as COMPANY SECRETARY. Satinderjeet Sandhu, Claude Pierret, and Frederic Mattei serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U27310DL2008PTC173950

  • Company No.

    173950

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Feb 2008

  • Date of AGM

    28 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does Innovative Clad Solutions Private Limited offer?

Innovative Clad Solutions Private Limited offers a wide range of products and services, including Cooling Tower, Heat Exchanger, Parts, Heat Exchangers, Ball Bearings and Bearing Assemblies, Industrial Bearings.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Megha Bata Company Secretary20-Feb-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Satinderjeet Sandhu Country flag representing In Director 12-Feb-2008Current
Claude Pierret Country flag representing Be Director 04-Mar-2008Current
Frederic Mattei Country flag representing Fr Director 15-Apr-2015Current

Financial Performance of Innovative Clad Solutions.

Innovative Clad Solutions Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.55% increase. The company also saw a substantial fall in profitability, with a 50.4% decrease in profit. The company's net worth Soared by an impressive increase of 15.43%.

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
3.55%
Revenue from Operations
7.05%
Total Assets
15.99%
Profit or Loss
-50.40%
Net Worth
15.43%
EBITDA
-9.74%

What is the Ownership and Shareholding Structure of Innovative Clad Solutions?

In 2023, Innovative Clad Solutions 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

₹0

Satisfied Charges

₹40.95 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 25.70 Cr
  • Indian Bank : 15.25 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jul 2015The Hongkong And Shanghai Banking Corporation Limited₹7.00 MSatisfied
13 Jul 2012The Hongkong And Shanghai Banking Corporation Limited₹25.00 CrSatisfied
10 Jun 2009Indian Bank₹15.25 CrSatisfied

How Many Employees Work at Innovative Clad Solutions?

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

Recent activity within the organization

  • Annual General Meeting

    Innovative Clad Solutions Private Limited last Annual general meeting of members was held on 28 Jul 2023 as per latest MCA records.

    28 Jul 2023

  • Balance Sheet

    Innovative Clad Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Megha Bata was appointed as a Company Secretary was appointed as a Company Secretary on 20 Feb 2023 & has been associated with this company since 2 years 2 days .

    20 Feb 2023

  • Charges

    A charge registered on 25 Jul 2015 via Charge ID 10586107 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 20 Feb 2018.

    20 Feb 2018

  • Charges

    A charge registered on 13 Jul 2012 via Charge ID 10368853 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 20 Feb 2018.

    20 Feb 2018

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 0.70 Cr registered on 25 Jul 2015 with Charge ID 10586107 was modified on 18 Jan 2016.

    18 Jan 2016

Frequently asked questions

  • Innovative Clad Solutions Private Limited was incorporated on 12 Feb 2008.

  • The authorized share capital of Innovative Clad Solutions Private Limited is ₹ 101.50 Cr and paid-up capital is ₹ 100.47 Cr.

  • Currently 4 directors are associated with Innovative Clad Solutions Private Limited.

    • Megha Bata
    • Satinderjeet Singh Sandhu
    • Claude Henri Pierret
    • Frederic Mattei
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innovative Clad Solutions Private Limited is H - 2 Suneja Chambers Alaknanda Commercial Complex, New Delhi, India, 110019.

  • The corporate identification number (CIN) of Innovative Clad Solutions Private Limited is U27310DL2008PTC173950 and the company number is 173950 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Innovative Clad Solutions Private Limited is https://www.innovativecladsolutions.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Innovative Clad Solutions Private Limited has risen by 3.55%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Innovative Clad Solutions Private Limited has experienced an upsurge of 15.43%.

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

People also Viewed

Similar Companies Based on Industrial Machinery Manufacturing