Innovative Coverage Solutions Private Limited
Provides telecommunication solutions through wired, wireless, and satellite technology.
2008 | Mumbai, Maharashtra (India) | Active
Innovative Coverage Solutions Profile
Key Indicators
- Authorised Capital ₹ 11.50 Cr
- Paid Up Capital ₹ 11.27 Cr
- Company Age 16 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 33.66 Cr
- Revenue Growth -16.39%
- Profit Growth -54.79%
- Ebitda -43.36%
- Net Worth 3.05%
- Total Assets 1.90%
About Innovative Coverage Solutions
Innovative Coverage Solutions Private Limited (ICSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 September 2008 and has a history of 16 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Microqual Coverage Solutions Private Limited. The Company is engaged in the Telecom 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 11.50 Cr and a paid-up capital of Rs 11.27 Cr.
The company currently has active open charges totaling ₹33.66 Cr.
The Key Managerial Personnel (KMP) at Innovative Coverage Solutions Private Limited India is Pragati Laad as COMPANY SECRETARY. Balkishan Choudhary and Meeradevi Chaudhary serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200MH2008PTC187078
- Company No.
187078
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Sep 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Telecom
Innovative Coverage Solutions Private Limited
Explore comprehensive data for Innovative Coverage Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Innovative Coverage Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pragati Laad | Company Secretary | 01-Apr-2019 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balkishan Choudhary  | Director | 03-Oct-2012 | Current |
| Meeradevi Chaudhary | Director | 11-Dec-2019 | Current |
Financial Performance of Innovative Coverage Solutions.
Innovative Coverage Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.39% decrease. The company also saw a substantial fall in profitability, with a 54.79% decrease in profit. The company's net worth moved up by a moderate rise of 3.05%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Innovative Coverage Solutions?
In 2023, Innovative Coverage 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.
Related Corporates (Common Directorship)
- Shaurrya Teleservices Private Limited
Balkishan Choudhary is a mutual person
- Pmc Trading Private Limited
Balkishan Choudhary is a mutual person
- Ascent Growth Capital Limited Liability Partnership
Meeradevi Chaudhary is a mutual person
- Beynet Networks Private Limited
Meeradevi Chaudhary is a mutual person
Charges (Loans)
Open Charges
₹33.66 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Essential Energy (Operations) India Private Limited : 18.00 Cr
- Small Industries Development Bank Of India : 15.00 Cr
- Sidbi : 0.66 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Sep 2020 | Sidbi | ₹6.59 M | Open |
| 06 Mar 2014 | Essential Energy (Operations) India Private Limited | ₹18.00 Cr | Open |
| 29 Dec 2012 | Small Industries Development Bank Of India | ₹15.00 Cr | Open |
How Many Employees Work at Innovative Coverage Solutions?
Unlock and access historical data on people associated with Innovative Coverage Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Innovative Coverage 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 Coverage Solutions's trajectory.
Rating
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Alerts
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 Coverage Solutions
Recent activity within the organization
- Annual General Meeting
Innovative Coverage Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Innovative Coverage Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Sidbi amounted to Rs. 0.66 Cr with Charge ID 100365782 was registered on 08 Sep 2020.
- Director Appointment
Meeradevi Chaudhary was appointed as a Director was appointed as a Director on 11 Dec 2019 & has been associated with this company since 5 years 4 months .
- Director Appointment
Pragati Laad was appointed as a Company Secretary was appointed as a Company Secretary on 01 Apr 2019 & has been associated with this company since 6 years 26 days .
- Charges
A charge with Essential Energy (Operations) India Private Limited amounted to Rs. 18.00 Cr with Charge ID 10482297 was registered on 06 Mar 2014.
Frequently asked questions
What is the Incorporation or founding date of Innovative Coverage Solutions Private Limited?
Innovative Coverage Solutions Private Limited was incorporated on 25 Sep 2008.
What is authorized share capital and paid-up capital of Innovative Coverage Solutions Private Limited?
The authorized share capital of Innovative Coverage Solutions Private Limited is ₹ 11.50 Cr and paid-up capital is ₹ 11.27 Cr.
Who are the current board members & directors of Innovative Coverage Solutions Private Limited?
Currently 3 directors are associated with Innovative Coverage Solutions Private Limited.
- Balkishan Radhakishan Choudhary
- Meeradevi Chaudhary
- Pragati Laad
What is the registered address of Innovative Coverage Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Innovative Coverage Solutions Private Limited is 306 Laxmi Plaza Industrial Estate New Link Road, Andheri (W) India, Mumbai, Maharashtra, 400053.
What is the corporate identification number (CIN) and company number of Innovative Coverage Solutions Private Limited?
The corporate identification number (CIN) of Innovative Coverage Solutions Private Limited is U72200MH2008PTC187078 and the company number is 187078 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Innovative Coverage Solutions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Innovative Coverage Solutions Private Limited has fallen by -16.39%.
What change has been observed in the net worth of Innovative Coverage Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Innovative Coverage Solutions Private Limited has experienced an upsurge of 3.05%.
What are the total open charges for Innovative Coverage Solutions Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Innovative Coverage Solutions Private Limited amount to ₹ 33.66 Cr.
When was the last Balance Sheet of Innovative Coverage Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Innovative Coverage Solutions Private Limited was filed with the ROC on 31 Mar 2023.
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