Innovative Coverage Solutions Profile
Key Indicators
- Authorised Capital ₹ 11.50 Cr
as on 16-11-2024
- Paid Up Capital ₹ 11.27 Cr
as on 16-11-2024
- Company Age 16 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 33.66 Cr
as on 16-11-2024
- Revenue -16.39%
(FY 2023)
- Profit -54.79%
(FY 2023)
- Ebitda -43.36%
(FY 2023)
- Net Worth 3.05%
(FY 2023)
- Total Assets 1.90%
(FY 2023)
About Innovative Coverage Solutions
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.
- 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
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
-
- Social Media-
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 and Corporate Structure Insights 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
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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)
- Ascent Growth Capital Limited Liability PartnershipActive 8 years 25 days
Meeradevi Chaudhary is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Sidbi Creation Date: 08 Sep 2020 | ₹6.59 M | Open |
Essential Energy (Operations) India Private Limited Creation Date: 06 Mar 2014 | ₹18.00 Cr | Open |
Small Industries Development Bank Of India Creation Date: 29 Dec 2012 | ₹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
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
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.
