Innovative Technology & Contracting Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 12 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.33 Cr
- Revenue Growth 81.23%
- Profit Growth 125.05%
- Ebitda 1.84%
- Net Worth 13.56%
- Total Assets 147.37%
About Innovative Technology & Contracting
Innovative Technology & Contracting Private Limited (ITCPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 January 2013 and has a history of 12 years and one month. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Ashwin Paints Private Limited. The Company is engaged in the Business Outsourcing 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 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹10.33 Cr.
Srinivasan Narayanan and Narayanan Ramapriya serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U74900TN2013PTC089248
- Company No.
089248
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Jan 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Innovative Technology & Contracting?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srinivasan Narayanan  | Director | 03-Jan-2013 | Current |
| Narayanan Ramapriya | Additional Director | 12-Jun-2013 | Current |
Financial Performance of Innovative Technology & Contracting.
Innovative Technology & Contracting Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 81.23% increase. The company also saw a substantial improvement in profitability, with a 125.05% increase in profit. The company's net worth Soared by an impressive increase of 13.56%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (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 Technology & Contracting?
Unlock access to Innovative Technology & Contracting's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
Kalyan Power Projects Private LimitedSrinivasan Narayanan is a mutual person
- Pratyag Solar Private Limited
Narayanan Ramapriya is a mutual person
Charges (Loans)
₹103.32 M
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 9.40 Cr
- United Bank Of India : 0.90 Cr
- Hdfc Bank Limited : 0.03 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Feb 2024 | United Bank Of India | ₹9.00 M | Open |
| 11 Jan 2024 | Hdfc Bank Limited | ₹0.32 M | Open |
| 10 May 2023 | State Bank Of India | ₹9.40 Cr | Open |
How Many Employees Work at Innovative Technology & Contracting?
Unlock and access historical data on people associated with Innovative Technology & Contracting, 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 Technology & Contracting, 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 Technology & Contracting'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.
