Innovative Foods Profile
Key Indicators
- Authorised Capital ₹ 115.00 Cr
- Paid Up Capital ₹ 108.94 Cr
- Company Age 35 Year, 5 Months
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 52.35 Cr
- Satisfied Charges ₹ 61.10 Cr
- Revenue Growth 0.38%
- Profit Growth -865.69%
- Ebitda -434.28%
- Net Worth -89.64%
- Total Assets -0.11%
About Innovative Foods
Innovative Foods Limited (IFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 September 1989 and has a history of 35 years and five months. Its registered office is in Cochin, Kerala, India.
The Corporate was formerly known as Innovative Marine Foods Limited. The Company is engaged in the Food And Beverages Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 115.00 Cr and a paid-up capital of Rs 108.94 Cr.
The company currently has active open charges totaling ₹52.35 Cr. The company has closed loans amounting to ₹61.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Innovative Foods Limited India is Suraj Kamble as COMPANY SECRETARY. Manoj Parameswaran, Mohamed Ahamed, Anandavally Narayanan, and One other member serve as directors at the Company.
Company Details
- Location
Cochin, Kerala, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51909KL1989PLC005465
- Company No.
005465
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Sep 1989
- Date of AGM
27 Aug 2021
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
What products or services does Innovative Foods Limited offer?
Innovative Foods Limited offers a wide range of products and services, including Snack Foods, Ready to Eat Food, Dal Tadka, Veg Snacks, Vegetable Samosa, Fresh, Dried & Preserved Fruits, Frozen Fruits, Snacks and Namkeen, Non Veg Snack, Tea & Coffee.
Who are the key members and board of directors at Innovative Foods?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Suraj Kamble | Company Secretary | 01-Nov-2021 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anandavally Narayanan  | Director | 30-Dec-2020 | Current |
| Manoj Parameswaran | Whole-Time Director | 13-Apr-2011 | Current |
| Mohamed Ahamed | Director | 27-Apr-2016 | Current |
| Saurabh Saxena | Director | 18-Apr-2023 | Current |
Financial Performance of Innovative Foods.
Innovative Foods Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.38% increase. The company also saw a substantial fall in profitability, with a 865.69% decrease in profit. The company's net worth observed a substantial decline by a decrease of 89.64%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Innovative Foods?
In 2023, Innovative Foods had a promoter holding of 99.29% and a public holding of 0.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Penver Products LimitedAnandavally Narayanan is a mutual person
Ceemed Surgicals Private LimitedManoj Parameswaran is a mutual person
Charges (Loans)
₹52.35 Cr
₹61.10 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 37.35 Cr
- Others : 15.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Feb 2021 | Others | ₹15.00 Cr | Open |
| 04 Sep 2020 | Hdfc Bank Limited | ₹3.35 Cr | Open |
| 02 Jul 2018 | Hdfc Bank Limited | ₹1.50 Cr | Open |
| 05 May 2017 | Hdfc Bank Limited | ₹10.50 Cr | Open |
| 30 Dec 2013 | Hdfc Bank Limited | ₹22.00 Cr | Open |
How Many Employees Work at Innovative Foods?
Innovative Foods has a workforce of 278 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Innovative Foods, 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 Foods'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.
