Innoverts Network Private Limited

Provides educational technology solutions, including interactive whiteboards and virtual classrooms.

2019 | Bangaluru, Karnataka (India) | Active
Last Updated: December 09, 2024

Innoverts Network Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 5 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.00 M
  • Revenue Growth 118.11%
  • Profit Growth -42.32%
  • Ebitda -46.69%
  • Net Worth 30.02%
  • Total Assets 85.57%

About Innoverts Network

Innoverts Network Private Limited (INPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 05 November 2019 (Five years and three months 13 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Education Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹4.00 M.

Sanjay Nayak and Mohan Siddharth serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U80903KA2019PTC129318

  • Company No.

    129318

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Nov 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Education

What products or services does Innoverts Network Private Limited offer?

Innoverts Network Private Limited offers a wide range of products and services, including Dome Camera, Interactive Board, Interactive Flat Panel, BenQ Interactive Board, Webcam, Logitech Webcam, Presentation Boards & Accessories, Interactive Classroom Boards, LG Interactive Digital Board, Computer Systems.

Who are the key members and board of directors at Innoverts Network?

Board Members (2)

Name Designation Appointment Date Status
Mohan Siddharth Country flag representing In Director 16-Apr-2020 Current
Sanjay Nayak Country flag representing In Director 05-Nov-2019 Current

Financial Performance of Innoverts Network.

Innoverts Network Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 118.11% increase. The company also saw a substantial fall in profitability, with a 42.32% decrease in profit. The company's net worth Soared by an impressive increase of 30.02%.

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
118.11%
Revenue from Operations
118.06%
Total Assets
85.57%
Profit or Loss
-42.32%
Net Worth
30.02%
EBITDA
-46.69%

What is the Ownership and Shareholding Structure of Innoverts Network?

In 2021, Innoverts Network 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

₹4.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.40 Cr

Latest Charge Details

Date Lender Amount Status
27 Aug 2024 Others ₹4.00 M Open

How Many Employees Work at Innoverts Network?

Unlock and access historical data on people associated with Innoverts Network, 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 Innoverts Network, 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 Innoverts Network'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 Innoverts Network

Recent activity within the organization

  • Annual General Meeting

    Innoverts Network Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 4.00 M with Charge ID 100966306 was registered on 27 Aug 2024.

    27 Aug 2024

  • Balance Sheet

    Innoverts Network Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Mohan Siddharth was appointed as a Director was appointed as a Director on 16 Apr 2020 & has been associated with this company since 4 years 10 months .

    16 Apr 2020

  • Director Appointment

    Sanjay Ramappa Nayak was appointed as a Director was appointed as a Director on 05 Nov 2019 & has been associated with this company since 5 years 3 months .

    05 Nov 2019

  • Company Incorporation

    Innoverts Network Private Limited was registered on 05 Nov 2019 with Roc Bangalore & aged 5 years 3 months as per MCA records.

    05 Nov 2019

Frequently asked questions

  • Innoverts Network Private Limited was incorporated on 05 Nov 2019.

  • The authorized share capital of Innoverts Network Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Innoverts Network Private Limited.

    • Sanjay Ramappa Nayak
    • Mohan Siddharth
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innoverts Network Private Limited is No 160 3Rd Main Road Sadananda Nagar Ngef Layout, India, Bangalore, Karnataka, 560038.

  • The corporate identification number (CIN) of Innoverts Network Private Limited is U80903KA2019PTC129318 and the company number is 129318 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Innoverts Network Private Limited is https://www.innovertsnetwork.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Innoverts Network Private Limited has risen by 118.11%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Innoverts Network Private Limited has experienced an upsurge of 30.02%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Innoverts Network Private Limited amount to ₹ 4.00 M.

  • The most recent Balance Sheet for Innoverts Network Private Limited was filed with the ROC on 31 Mar 2024.

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