Innovative Group Conference & Event Solutions Private Limited

Event planning, catering, leasing, and rental services for commercial activities.

2005 | Chandigarh, Chandigarh (India) | Active
Last Updated: December 10, 2024

Innovative Group Conference & Event Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.20 M
  • Paid Up Capital ₹ 2.20 M
  • Company Age 19 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.94 M
  • Satisfied Charges ₹ 4.50 M
  • Revenue Growth 19.67%
  • Profit Growth -86.66%
  • Ebitda -8.82%
  • Net Worth 0.96%
  • Total Assets 19.80%

About Innovative Group Conference & Event Solutions

Innovative Group Conference & Event Solutions Private Limited (IGCESPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 March 2005 and has a history of 19 years and ten months. Its registered office is in Chandigarh, Chandigarh.

The Company is engaged in the Financial Services 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 2.20 M and a paid-up capital of Rs 2.20 M.

The company currently has active open charges totaling ₹6.94 M. The company has closed loans amounting to ₹4.50 M, as per Ministry of Corporate Affairs (MCA) records.

Surjit Singh and Ranjit Kaur serve as directors at the Company.

Company Details

  • Location Chandigarh, Chandigarh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    innovativechd.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U93090CH2005PTC028141

  • Company No.

    028141

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Mar 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services
Travel and Hospitality

What products or services does Innovative Group Conference & Event Solutions Private Limited offer?

Innovative Group Conference & Event Solutions Private Limited offers a wide range of products and services, including Advertising Service, Event Management Services, Event Organizers, Exhibition Service, Corporate Event Management.

Who are the key members and board of directors at Innovative Group Conference & Event Solutions?

Board Members (2)

Name Designation Appointment Date Status
Surjit Singh Country flag representing In Director 21-Mar-2005 Current
Ranjit Kaur Country flag representing In Additional Director 08-Aug-2008 Current

Financial Performance of Innovative Group Conference & Event Solutions.

Innovative Group Conference & Event Solutions Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 19.67% increase. The company also saw a substantial fall in profitability, with a 86.66% decrease in profit. The company's net worth moved up by a moderate rise of 0.96%.

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
19.67%
Revenue from Operations
19.81%
Total Assets
19.80%
Profit or Loss
-86.66%
Net Worth
0.96%
EBITDA
-8.82%

What is the Ownership and Shareholding Structure of Innovative Group Conference & Event Solutions?

In 2021, Innovative Group Conference & Event 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

₹6.94 M

Satisfied Charges

₹4.50 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.59 Cr
  • Others : 0.11 Cr

Latest Charge Details

Date Lender Amount Status
01 Nov 2023 Canara Bank ₹5.89 M Open
27 Dec 2019 Others ₹0.74 M Open
06 Dec 2019 Others ₹0.32 M Open
19 Dec 2005 Bank Of India ₹4.50 M Satisfied

How Many Employees Work at Innovative Group Conference & Event Solutions?

Unlock and access historical data on people associated with Innovative Group Conference & Event 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 Group Conference & Event 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 Group Conference & Event 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 Group Conference & Event Solutions

Recent activity within the organization

  • Charges

    A charge registered on 19 Dec 2005 via Charge ID 90370168 with Bank Of India was fully satisfied on 28 Feb 2024.

    28 Feb 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 5.89 M with Charge ID 100825144 was registered on 01 Nov 2023.

    01 Nov 2023

  • Annual General Meeting

    Innovative Group Conference & Event Solutions 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 Group Conference & Event Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.74 M with Charge ID 100311688 was registered on 27 Dec 2019.

    27 Dec 2019

  • Charges

    A charge with Others amounted to Rs. 0.32 M with Charge ID 100312806 was registered on 06 Dec 2019.

    06 Dec 2019

Frequently asked questions

  • Innovative Group Conference & Event Solutions Private Limited was incorporated on 21 Mar 2005.

  • The authorized share capital of Innovative Group Conference & Event Solutions Private Limited is ₹ 2.20 M and paid-up capital is ₹ 2.20 M.

  • Currently 2 directors are associated with Innovative Group Conference & Event Solutions Private Limited.

    • Surjit Singh
    • Ranjit Kaur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innovative Group Conference & Event Solutions Private Limited is S.C.O No. 198 First Floor Sector 7C, Inner Market India, Chandigarh, 166008.

  • The corporate identification number (CIN) of Innovative Group Conference & Event Solutions Private Limited is U93090CH2005PTC028141 and the company number is 028141 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Innovative Group Conference & Event Solutions Private Limited is https://www.innovativechd.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Innovative Group Conference & Event Solutions Private Limited has risen by 19.67%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Innovative Group Conference & Event Solutions Private Limited has experienced an upsurge of 0.96%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Innovative Group Conference & Event Solutions Private Limited amount to ₹ 6.94 M.

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

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