Innovative Homes & Developers Profile
Key Indicators
- Authorised Capital ₹ 1.64 Cr
- Paid Up Capital ₹ 1.64 Cr
- Company Age 15 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 10.25 Cr
- Satisfied Charges ₹ 3.00 Cr
- Revenue Growth -39.65%
- Profit Growth -72.52%
- Ebitda -48.68%
- Net Worth 9.25%
- Total Assets -1.30%
About Innovative Homes & Developers
Innovative Homes & Developers Private Limited (IHDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 August 2009 and has a history of 15 years and five months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Innovative Foundations Private Limited. The Company is engaged in the Real Estate And Construction Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.64 Cr and a paid-up capital of Rs 1.64 Cr.
The company currently has active open charges totaling ₹10.25 Cr. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Muthappan Annamalai and Annamalai Chitra serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U70102TN2009PTC072686
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Company No.
072686
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
25 Aug 2009
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Date of AGM
25 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
What products or services does Innovative Homes & Developers Private Limited offer?
Innovative Homes & Developers Private Limited offers a wide range of products and services, including Real Estate Agent & Property Dealers, Real Estate Services.
Who are the key members and board of directors at Innovative Homes & Developers?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Muthappan Annamalai
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Director | 25-Aug-2009 | Current |
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Annamalai Chitra
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Director | 25-Aug-2009 | Current |
Financial Performance of Innovative Homes & Developers.
Innovative Homes & Developers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 39.65% decrease. The company also saw a substantial fall in profitability, with a 72.52% decrease in profit. The company's net worth moved up by a moderate rise of 9.25%.
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What is the Ownership and Shareholding Structure of Innovative Homes & Developers?
In 2023, Innovative Homes & Developers 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)
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Kittangi Finance Private LimitedMuthappan Annamalai is a mutual person
Charges (Loans)
₹10.25 Cr
₹3.00 Cr
Charges Breakdown by Lending Institutions
- Indian Bank : 3.85 Cr
- Allahabad Bank : 3.50 Cr
- City Union Bank Limited : 2.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Nov 2021 | Indian Bank | ₹3.85 Cr | Open |
| 29 Mar 2017 | City Union Bank Limited | ₹2.90 Cr | Open |
| 05 Mar 2012 | Allahabad Bank | ₹3.50 Cr | Open |
| 20 Mar 2015 | City Union Bank Limited | ₹2.50 Cr | Satisfied |
| 11 Mar 2011 | Vijaya Bank | ₹5.00 M | Satisfied |
How Many Employees Work at Innovative Homes & Developers?
Unlock and access historical data on people associated with Innovative Homes & Developers, 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 Homes & Developers, 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 Homes & Developers'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.