Innovative Telecom And Softwares Private Limited

Provides IT solutions and services including maintenance, repairs, and cloud services.

2000 | Surat, Gujarat (India) | Active
Last Updated: November 15, 2024

Innovative Telecom And Softwares Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 4.68 M
  • Company Age 24 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.50 Cr
  • Revenue Growth -4.36%
  • Profit Growth 72.08%
  • Ebitda 172.34%
  • Net Worth 1.86%
  • Total Assets -18.21%

About Innovative Telecom And Softwares

Innovative Telecom And Softwares Private Limited (ITASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 March 2000 and has a history of 24 years and ten months. Its registered office is in Surat, Gujarat, India.

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.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    innosoftel.com

  • Social Media
    -

Corporate Identity Details

  • 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

Information Technology

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)

NameDesignationAppointment DateStatus
Mihirbhai Chahwala Country flag representing In Managing Director27-Mar-2003Current

Board Members (2)

NameDesignationAppointment DateStatus
Moinuddin Shaikh Country flag representing In Director 27-Mar-2000Current
Sushmaben Chahwala Country flag representing In Director 27-Mar-2000Current

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%.

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
-4.36%
Revenue from Operations
-3.24%
Total Assets
-18.21%
Profit or Loss
72.08%
Net Worth
1.86%
EBITDA
172.34%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 4.50 Cr

Latest Charge Details

DateLenderAmountStatus
19 Nov 2009Yes Bank Limited₹4.50 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Telecom And Softwares

Recent activity within the organization

  • Annual General Meeting

    Innovative Telecom And Softwares 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 Telecom And Softwares Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Yes Bank Limited of Rs. 4.50 Cr registered on 19 Nov 2009 with Charge ID 10194159 was modified on 03 Mar 2014.

    03 Mar 2014

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 4.50 Cr with Charge ID 10194159 was registered on 19 Nov 2009.

    19 Nov 2009

  • Director Appointment

    Mihirbhai Bansidhar Chahwala was appointed as a Managing Director was appointed as a Managing Director on 27 Mar 2003 & has been associated with this company since 21 years 11 months .

    27 Mar 2003

  • Director Appointment

    Moinuddin Rashiduddin Shaikh was appointed as a Director was appointed as a Director on 27 Mar 2000 & has been associated with this company since 24 years 10 months .

    27 Mar 2000

Frequently asked questions

  • Innovative Telecom And Softwares Private Limited was incorporated on 27 Mar 2000.

  • The authorized share capital of Innovative Telecom And Softwares Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 4.68 M.

  • Currently 3 directors are associated with Innovative Telecom And Softwares Private Limited.

    • Moinuddin Rashiduddin Shaikh
    • Sushmaben Mihirbhai Chahwala
    • Mihirbhai Bansidhar Chahwala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innovative Telecom And Softwares Private Limited is O 21/22 Kanaknidhi Complex Opp. Gandhi Smruti Hall Timliawad, Nanp Ura India, Surat, Gujarat, 395001.

  • The corporate identification number (CIN) of Innovative Telecom And Softwares Private Limited is U32309GJ2000PTC037643 and the company number is 037643 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Innovative Telecom And Softwares Private Limited is https://www.innosoftel.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Innovative Telecom And Softwares Private Limited has fallen by -4.36%.

  • As Per 2023 financial reports, 41 employees are currently employed by Innovative Telecom And Softwares Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Innovative Telecom And Softwares Private Limited has experienced an upsurge of 1.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Innovative Telecom And Softwares Private Limited amount to ₹ 4.50 Cr.

  • The most recent Balance Sheet for Innovative Telecom And Softwares Private Limited was filed with the ROC on 31 Mar 2023.

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