Innoventive Industries Profile
Key Indicators
- Authorised Capital ₹ 75.00 Cr
- Paid Up Capital ₹ 59.64 Cr
- Company Age 33 Year, 6 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, 6 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
- Website
- 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  | Managing Director | 05-Mar-2002 | Current |
| Rupesh Kuche | Company Secretary | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajendra Gaikwad | Director | 08-Feb-2016 | Current |
| Pournima Gadiya | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
- Arihant Auto Components Private Limited
Rajendra Gaikwad is a mutual person
Swayamsiddha Mahila Utkarsha FoundationChandu Chavan is a mutual person
- Innoventive Venture Limited
Pournima Gadiya is a mutual person
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.
Deals i
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
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.
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.
- Annual General Meeting
Innoventive Industries Limited last Annual general meeting of members was held on 26 Sep 2016 as per latest MCA records.
- Balance Sheet
Innoventive Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Pune.
- Charges
A charge with Others amounted to Rs. 1.84 Cr with Charge ID 100043078 was registered on 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 9 years 1 month .
- 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 3 months .
Recent News, Updates & Announcement
- Innoventive Industries faces liquidation as lenders reject resolution plans | Mint.
Both the resolution proposals for Innoventive Industries are said to have sought deep haircuts on the outstanding loan amount.
- First bankruptcy case against Innoventive Industries registered in NCLT | Mint.
The court observed that Innoventive Industries cannot seek protection under the Maharashtra Industrial Development Act.
Frequently asked questions
What is the Incorporation or founding date of Innoventive Industries Limited?
Innoventive Industries Limited was incorporated on 22 Aug 1991.
What is authorized share capital and paid-up capital of Innoventive Industries Limited?
The authorized share capital of Innoventive Industries Limited is ₹ 75.00 Cr and paid-up capital is ₹ 59.64 Cr.
Who are the current board members & directors of Innoventive Industries Limited?
Currently 4 directors are associated with Innoventive Industries Limited.
- Chandu Laxman Chavan
- Rajendra Kundlik Gaikwad
- Pournima Popatlal Gadiya
- Rupesh Ashokrao Kuche
What is the registered address of Innoventive Industries Limited?
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.
What is the corporate identification number (CIN) and company number of Innoventive Industries Limited?
The corporate identification number (CIN) of Innoventive Industries Limited is L29309PN1991PLC063045 and the company number is 063045 as per Ministry of Corporate Affairs (MCA).
What is the official website of Innoventive Industries Limited?
The Official website of Innoventive Industries Limited is https://www.innoventive.in
What has been the recent revenue trend for Innoventive Industries Limited?
According to the financial reports for the fiscal year 2016, the revenue trend for Innoventive Industries Limited has fallen by -1.90%.
What change has been observed in the net worth of Innoventive Industries Limited, and by what percentage?
The financial reports for the fiscal year 2016 indicates that The net worth of Innoventive Industries Limited has experienced an downturn of -105.66%.
What are the total open charges for Innoventive Industries Limited?
As per the financial statements for fiscal Year 2016, The total open charges for Innoventive Industries Limited amount to ₹ 2,980.28 Cr.
When was the last Balance Sheet of Innoventive Industries Limited filed with the ROC?
The most recent Balance Sheet for Innoventive Industries Limited was filed with the ROC on 31 Mar 2016.
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