Innovative Retail Concepts Profile
Key Indicators
- Authorised Capital ₹ 9,000.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 2,859.34 Cr
as on 24-10-2024
- Company Age 14 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.00 Cr
as on 24-10-2024
- Satisfied Charges ₹ 70.00 Cr
as on 24-10-2024
- Revenue 4.82%
(FY 2023)
- Profit -88.89%
(FY 2023)
- Ebitda -107.43%
(FY 2023)
- Net Worth 50.52%
(FY 2023)
- Total Assets 27.12%
(FY 2023)
About Innovative Retail Concepts
The Company is engaged in the E-Commerce 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 9,000.00 Cr and a paid-up capital of Rs 2,859.34 Cr.
The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹70.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Innovative Retail Concepts Private Limited India are Menon Hari as Ceo, Vipul Parekh as Cfo, and Sneha Singh as Company Secretary. Vipul Parekh and Menon Hari serve as directors at the Company.
- CIN/LLPIN
U74130KA2010PTC052192
- Company No.
052192
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Jan 2010
- Date of AGM
27 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
- Apps
What products or services does Innovative Retail Concepts Private Limited offer?
Innovative Retail Concepts Private Limited offers a wide range of products and services, including Herbal Extracts, Tongkat Ali Extract, Cosmetic, Tongue Cleaner, Ag Food, Garlic Papad, Menthol Essential Aromatic Oil, Garlic Oleoresin, Fertiliz, Boric Acid.
Who are the key members and board of directors at Innovative Retail Concepts?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Menon Hari | CEO | 01-Jun-2021 | Current |
| Vipul Parekh | CFO | 01-Jun-2021 | Current |
| Sneha Singh | Company Secretary | 01-Mar-2022 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vipul Parekh  | Director | 28-May-2021 | Current |
| Menon Hari | Director | 28-May-2021 | Current |
Financial Performance and Corporate Structure Insights of Innovative Retail Concepts.
Innovative Retail Concepts Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.82% increase. The company also saw a substantial fall in profitability, with a 88.89% decrease in profit. The company's net worth Soared by an impressive increase of 50.52%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Innovative Retail Concepts?
In 2023, Innovative Retail Concepts 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)
Retailers Association's Skill Council Of IndiaActive 13 years 2 monthsMenon Hari is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 26 Oct 2021 | ₹5.00 Cr | Open |
Others Creation Date: 18 Dec 2017 | ₹25.00 Cr | Satisfied |
Others Creation Date: 29 Mar 2017 | ₹45.00 Cr | Satisfied |
How Many Employees Work at Innovative Retail Concepts?
Innovative Retail Concepts has a workforce of 17651 employees as of Apr 09, 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 Retail Concepts, 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 Retail Concepts'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.
