Innovators Electric Solutions Private Limited

Provides a wide range of engineering, electrical, and electronics goods and services for various purposes.

2020 | Pune, Maharashtra (India) | Active
Last Updated: November 16, 2024

Innovators Electric Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 5 Year, 13 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.75 Cr
  • Revenue Growth 98.91%
  • Profit Growth 148.29%
  • Ebitda 94.66%
  • Net Worth 60.84%
  • Total Assets 37.97%

About Innovators Electric Solutions

Innovators Electric Solutions Private Limited (IESPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 February 2020 (Five years 13 days old ). Its registered office is in Pune, Maharashtra.

The Company is engaged in the Consumer Electronics & Durables 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 1.50 Cr.

The company currently has active open charges totaling ₹4.75 Cr.

Shriharsha Phatak, Mukund Paranjpe, Tejas Phatak, and One other member serve as directors at the Company.

Company Details

  • Location Pune, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    innovatorspune.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51505PN2020PTC189815

  • Company No.

    189815

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Feb 2020

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Consumer Electronics & Durables

What products or services does Innovators Electric Solutions Private Limited offer?

Innovators Electric Solutions Private Limited offers a wide range of products and services, including Electric Motors and Components, Industrial Motors, AC Motor, Street, Flood and Commercial Lights, Flood Lights, Indoor Lights & Lighting Accessories, Lighting Fixtures, LED Lights, VFD, PLC, HMI & Control Equipments, VFD.

Who are the key members and board of directors at Innovators Electric Solutions?

Board Members (4)

NameDesignationAppointment DateStatus
Shriharsha Phatak Country flag representing In Whole-Time Director 12-Feb-2020Current
Mukund Paranjpe Country flag representing In Whole-Time Director 12-Feb-2020Current
Tejas Phatak Country flag representing In Whole-Time Director 12-Feb-2020Current
Deepa Phatak Country flag representing In Whole-Time Director 12-Feb-2020Current

Financial Performance of Innovators Electric Solutions.

Innovators Electric Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 98.91% increase. The company also saw a substantial improvement in profitability, with a 148.29% increase in profit. The company's net worth Soared by an impressive increase of 60.84%.

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
98.91%
Revenue from Operations
98.78%
Total Assets
37.97%
Profit or Loss
148.29%
Net Worth
60.84%
EBITDA
94.66%

What is the Ownership and Shareholding Structure of Innovators Electric Solutions?

In 2023, Innovators Electric Solutions 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

₹4.75 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 4.75 Cr

Latest Charge Details

DateLenderAmountStatus
08 Dec 2023Others₹1.52 MOpen
17 Aug 2022Others₹4.60 CrOpen

How Many Employees Work at Innovators Electric Solutions?

Unlock and access historical data on people associated with Innovators Electric Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Innovators Electric Solutions, 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 Innovators Electric Solutions'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 Innovators Electric Solutions

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100888505 was registered on 08 Dec 2023.

    08 Dec 2023

  • Annual General Meeting

    Innovators Electric Solutions Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Others of Rs. 4.60 Cr registered on 17 Aug 2022 with Charge ID 100609537 was modified on 28 Sep 2023.

    28 Sep 2023

  • Balance Sheet

    Innovators Electric Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 4.60 Cr with Charge ID 100609537 was registered on 17 Aug 2022.

    17 Aug 2022

  • Director Appointment

    Shriharsha Madhukar Phatak was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Feb 2020 & has been associated with this company since 5 years 13 days .

    12 Feb 2020

Frequently asked questions

  • Innovators Electric Solutions Private Limited was incorporated on 12 Feb 2020.

  • The authorized share capital of Innovators Electric Solutions Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 4 directors are associated with Innovators Electric Solutions Private Limited.

    • Shriharsha Madhukar Phatak
    • Mukund Narayan Paranjpe
    • Tejas Shriharsha Phatak
    • Deepa Shriharsha Phatak
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innovators Electric Solutions Private Limited is Off No. 9 Archway Homes P No 22-24 Mahaganesh Col Paud Road Kothrud, India, Pune, Maharashtra, 411029.

  • The corporate identification number (CIN) of Innovators Electric Solutions Private Limited is U51505PN2020PTC189815 and the company number is 189815 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Innovators Electric Solutions Private Limited is https://www.innovatorspune.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Innovators Electric Solutions Private Limited has risen by 98.91%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Innovators Electric Solutions Private Limited has experienced an upsurge of 60.84%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Innovators Electric Solutions Private Limited amount to ₹ 4.75 Cr.

  • The most recent Balance Sheet for Innovators Electric Solutions Private Limited was filed with the ROC on 31 Mar 2023.