Innovative Telecom And Softwares Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 15-11-2024
- Paid Up Capital ₹ 4.68 M
as on 15-11-2024
- Company Age 24 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.50 Cr
as on 15-11-2024
- Revenue -4.36%
(FY 2023)
- Profit 72.08%
(FY 2023)
- Ebitda 172.34%
(FY 2023)
- Net Worth 1.86%
(FY 2023)
- Total Assets -18.21%
(FY 2023)
About Innovative Telecom And Softwares
The Corporate was formerly known as Innovative Telecom And Softwares Limited. The Company is engaged in the Information Technology 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 1.50 Cr and a paid-up capital of Rs 4.68 M.
The company currently has active open charges totaling ₹4.50 Cr.
Moinuddin Shaikh, Sushmaben Chahwala, and Mihirbhai Chahwala serve as directors at the Company.
- CIN/LLPIN
U32309GJ2000PTC037643
- Company No.
037643
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Mar 2000
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Surat, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Innovative Telecom And Softwares Private Limited offer?
Innovative Telecom And Softwares Private Limited offers a wide range of products and services, including Computer Hardware & Network Support, Data Recovery Services, Network Maintenance Services, Computer and Networking Solutions, IT Infrastructure Solution.
Who are the key members and board of directors at Innovative Telecom And Softwares?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mihirbhai Chahwala  | Managing Director | 27-Mar-2003 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Moinuddin Shaikh | Director | 27-Mar-2000 | Current |
| Sushmaben Chahwala | Director | 27-Mar-2000 | Current |
Financial Performance of Innovative Telecom And Softwares.
Innovative Telecom And Softwares Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.36% decrease. The company also saw a substantial improvement in profitability, with a 72.08% increase in profit. The company's net worth moved up by a moderate rise of 1.86%.
- 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 Telecom And Softwares?
In 2023, Innovative Telecom And Softwares 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)
Epa2 Technology Private LimitedActive 8 years 10 monthsMoinuddin Shaikh and Mihirbhai Chahwala are mutual person
Charges (Loans)
₹4.50 Cr
₹0
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 4.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Nov 2009 | Yes Bank Limited | ₹4.50 Cr | Open |
How Many Employees Work at Innovative Telecom And Softwares?
Innovative Telecom And Softwares has a workforce of 41 employees as of Mar 28, 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 Telecom And Softwares, 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 Telecom And Softwares'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.
