Innoventive Industries Limited

Manufacturer of precision steel tubes for various industries, with two units in Maharashtra.

1991 | Pune, Maharashtra (India) | Under Liquidation
Last Updated: April 20, 2024

Innoventive Industries Profile

Key Indicators

  • Authorised Capital ₹ 75.00 Cr
  • Paid Up Capital ₹ 59.64 Cr
  • Company Age 33 Year, 5 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 2,980.28 Cr
  • Satisfied Charges ₹ 368.50 Cr
  • Revenue Growth -1.90%
  • Profit Growth 20.71%
  • Ebitda 245.26%
  • Net Worth -105.66%
  • Total Assets -6.55%

About Innoventive Industries

Innoventive Industries Limited (IIL) is Under Liquidation company established on 22 Aug 1991 with its office registered at Pune, Maharashtra, India and has been running since 33 Year, 5 Months with a paid up capital of 59.64 Cr. According to MCA records, 3 Directors and 1 Signatories are linked to this company as of 20 Apr 2024.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L29309PN1991PLC063045

  • Company No.

    063045

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Aug 1991

  • Date of AGM

    26 Sep 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Listed

  • ROC Code

    Roc Pune

Industry

Automotive
Machinery and Equipment

What products or services does Innoventive Industries Limited offer?

Innoventive Industries Limited offers a wide range of products and services, including HR & Manpower Recruitment Solutions, Engineering Jobs, Seamless Pipe, Precision Tubes, Welding Equipments & Machinery, Electric Welding Machine, Geotextile, Geogrids & Pond Liners, Water Resistant Membranes, Intermediate and Light Commercial Vehicles, Motor Vehicles.

Who are the key members and board of directors at Innoventive Industries?

Executive Team (2)

Name Designation Appointment Date Status
Chandu Chavan Country flag representing In Managing Director 05-Mar-2002 Current
Rupesh Kuche Country flag representing In Company Secretary Current

Board Members (2)

Name Designation Appointment Date Status
Rajendra Gaikwad Country flag representing In Director 08-Feb-2016 Current
Pournima Gadiya Country flag representing In Director 14-Nov-2014 Current

Financial Performance of Innoventive Industries.

Innoventive Industries Limited, for the financial year ended 2016, experienced Minor drop in revenue, with a 1.9% decrease. The company also saw a substantial improvement in profitability, with a 20.71% increase in profit. The company's net worth observed a substantial decline by a decrease of 105.66%.

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
-1.90%
Revenue from Operations
-1.98%
Total Assets
-6.55%
Profit or Loss
20.71%
Net Worth
-105.66%
EBITDA
245.26%

What is the Ownership and Shareholding Structure of Innoventive Industries?

In 2016, Innoventive Industries had a promoter holding of 44.41% and a public holding of 55.59%. The company had 12 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,980.28 Cr

Satisfied Charges

₹368.50 Cr

Charges Breakdown by Lending Institutions

  • Centbank Financial Services Limited : 996.08 Cr
  • Axis Trustee Services Limited : 797.50 Cr
  • Axis Bank Limited : 180.00 Cr
  • United Bank Of India - Lead Bank : 147.50 Cr
  • United Bank Of India : 100.00 Cr
  • Others : 759.20 Cr

Latest Charge Details

Date Lender Amount Status
25 Nov 2016 Others ₹12.15 Cr Open
28 Mar 2016 Others ₹1.84 Cr Open
28 Oct 2014 Centbank Financial Services Limited ₹996.08 Cr Open
24 Jun 2014 Icici Bank Limited ₹8.00 Cr Open
28 May 2013 The Ratnakar Bank Ltd ₹50.00 Cr Open

How Many Employees Work at Innoventive Industries?

Unlock and access historical data on people associated with Innoventive Industries, 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 Innoventive Industries, 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 Innoventive Industries'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 Innoventive Industries

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 12.15 Cr with Charge ID 100157114 was registered on 25 Nov 2016.

    25 Nov 2016

  • Annual General Meeting

    Innoventive Industries Limited last Annual general meeting of members was held on 26 Sep 2016 as per latest MCA records.

    26 Sep 2016

  • Balance Sheet

    Innoventive Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Pune.

    31 Mar 2016

  • Charges

    A charge with Others amounted to Rs. 1.84 Cr with Charge ID 100043078 was registered on 28 Mar 2016.

    28 Mar 2016

  • Director Appointment

    Rajendra Kundlik Gaikwad was appointed as a Director was appointed as a Director on 08 Feb 2016 & has been associated with this company since 8 years 11 months .

    08 Feb 2016

  • Director Appointment

    Pournima Popatlal Gadiya was appointed as a Director was appointed as a Director on 14 Nov 2014 & has been associated with this company since 10 years 2 months .

    14 Nov 2014

Recent News, Updates & Announcement

Frequently asked questions

  • Innoventive Industries Limited was incorporated on 22 Aug 1991.

  • The authorized share capital of Innoventive Industries Limited is ₹ 75.00 Cr and paid-up capital is ₹ 59.64 Cr.

  • Currently 4 directors are associated with Innoventive Industries Limited.

    • Chandu Laxman Chavan
    • Rajendra Kundlik Gaikwad
    • Pournima Popatlal Gadiya
    • Rupesh Ashokrao Kuche
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innoventive Industries Limited is Gat No. 56/4/5 Pimple Jagtap, Taluka: Shirur, Pune, Maharashtra, India, 412208.

  • The corporate identification number (CIN) of Innoventive Industries Limited is L29309PN1991PLC063045 and the company number is 063045 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Innoventive Industries Limited is https://www.innoventive.in

  • According to the financial reports for the fiscal year 2016, the revenue trend for Innoventive Industries Limited has fallen by -1.90%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Innoventive Industries Limited has experienced an downturn of -105.66%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Innoventive Industries Limited amount to ₹ 2,980.28 Cr.

  • The most recent Balance Sheet for Innoventive Industries Limited was filed with the ROC on 31 Mar 2016.

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