Innoviti Technologies Profile
Key Indicators
- Authorised Capital ₹ 52.10 Cr
- Paid Up Capital ₹ 36.81 Cr
- Company Age 22 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 43.80 Cr
- Satisfied Charges ₹ 105.83 Cr
- Revenue Growth 52.42%
- Profit Growth -17.94%
- Ebitda -16.89%
- Net Worth 194.04%
- Total Assets 72.37%
About Innoviti Technologies
Innoviti Technologies Private Limited (ITPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 December 2002 and has a history of 22 years and four months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Innoviti Embedded Solutions Private Limited. The Company is engaged in the Financial Services 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 52.10 Cr and a paid-up capital of Rs 36.81 Cr.
The company currently has active open charges totaling ₹43.80 Cr. The company has closed loans amounting to ₹105.83 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Innoviti Technologies Private Limited India is Mili Desai as COMPANY SECRETARY. Rajeev Agrawal, Neeraj Chandra, Vishal Gupta, and One other member serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72100KA2002PTC031375
- Company No.
031375
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Dec 2002
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
What products or services does Innoviti Technologies Private Limited offer?
Innoviti Technologies Private Limited offers a wide range of products and services, including Biometrics & Access Control Devices, Billing Machines.
Innoviti Technologies Private Limited
Explore comprehensive data for Innoviti Technologies Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Innoviti Technologies?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajeev Agrawal  | Managing Director | 19-Dec-2002 | Current |
| Mili Desai | Company Secretary | 01-Oct-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vishal Gupta | Director | 14-Jul-2017 | Current |
| Suramya Gupta | Nominee Director | 14-Jul-2017 | Current |
| Neeraj Chandra | Director | 14-Jul-2020 | Current |
Financial Performance of Innoviti Technologies.
Innoviti Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.42% increase. The company also saw a substantial fall in profitability, with a 17.94% decrease in profit. The company's net worth Soared by an impressive increase of 194.04%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Innoviti Technologies?
In 2023, Innoviti Technologies had a promoter holding of 49.21% and a public holding of 50.79%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Dalmia Bharat Sugar And Industries LimitedNeeraj Chandra is a mutual person
Hungama Digital Media Entertainment Private LimitedVishal Gupta is a mutual person
Phasorz Technologies Private LimitedVishal Gupta is a mutual person
Perfios Software Solutions Private LimitedVishal Gupta is a mutual person
Medi Assist Healthcare Services LimitedVishal Gupta is a mutual person
- Innoviti Smelending Private Limited
Rajeev Agrawal is a mutual person
Charges (Loans)
Open Charges
₹43.80 Cr
Satisfied Charges
₹105.83 Cr
Charges Breakdown by Lending Institutions
- Others : 43.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2024 | Others | ₹1.80 Cr | Open |
| 25 Apr 2023 | Others | ₹2.00 Cr | Open |
| 23 Sep 2022 | Others | ₹40.00 Cr | Open |
| 17 Dec 2022 | Others | ₹15.00 Cr | Satisfied |
| 22 Nov 2022 | Others | ₹1.50 Cr | Satisfied |
How Many Employees Work at Innoviti Technologies?
Innoviti Technologies has a workforce of 274 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Innoviti Technologies, 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 Innoviti Technologies'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 Innoviti Technologies
Recent activity within the organization
- Director Appointment
Mili Pinakin Desai was appointed as a Company Secretary was appointed as a Company Secretary on 01 Oct 2024 & has been associated with this company since 7 months 6 days .
- Annual General Meeting
Innoviti Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 17 Dec 2022 via Charge ID 100659620 with Others was fully satisfied on 02 Sep 2024.
- Balance Sheet
Innoviti Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Others amounted to Rs. 1.80 Cr with Charge ID 100909762 was registered on 28 Mar 2024.
- Charges
A charge with Others of Rs. 15.00 Cr registered on 17 Dec 2022 with Charge ID 100659620 was modified on 28 Mar 2024.
Recent News, Updates & Announcement
- Reliance Retail, ICICI Bank, and Kotak Mahindra Bank Partner with Innoviti Technologies to Bring Digital Rupee Payments to Reliance Stores Across 13 Cities.
Reliance Retail, ICICI Bank, and Kotak Mahindra Bank have joined forces with Innoviti Technologies to introduce in-store payments through Digital Rupee-Retail. This allows customers to use digital rupees (e ₹) at Reliance Retail stores, making it the first organized retail chain in India to do so. The Reserve Bank of India launched a pilot for retail digital rupee with four banks in four cities, and it has now been extended to 13 cities. This initiative aims to provide a secure and efficient alternative payment method for customers..
Frequently asked questions
What is the Incorporation or founding date of Innoviti Technologies Private Limited?
Innoviti Technologies Private Limited was incorporated on 19 Dec 2002.
What is authorized share capital and paid-up capital of Innoviti Technologies Private Limited?
The authorized share capital of Innoviti Technologies Private Limited is ₹ 52.10 Cr and paid-up capital is ₹ 36.81 Cr.
Who are the current board members & directors of Innoviti Technologies Private Limited?
Currently 5 directors are associated with Innoviti Technologies Private Limited.
- Rajeev Agrawal
- Neeraj Chandra
- Vishal Vijay Gupta
- Suramya Gupta
- Mili Pinakin Desai
What is the registered address of Innoviti Technologies Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Innoviti Technologies Private Limited is Tower C 2Nd Floor Diamond District Old Airport Road, Kodihalli India, Bangalore, Karnataka, 560008.
What is the corporate identification number (CIN) and company number of Innoviti Technologies Private Limited?
The corporate identification number (CIN) of Innoviti Technologies Private Limited is U72100KA2002PTC031375 and the company number is 031375 as per Ministry of Corporate Affairs (MCA).
What is the official website of Innoviti Technologies Private Limited?
The Official website of Innoviti Technologies Private Limited is https://www.innoviti.com
What has been the recent revenue trend for Innoviti Technologies Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Innoviti Technologies Private Limited has risen by 52.42%.
How many employees does Innoviti Technologies Private Limited currently have?
As Per 2023 financial reports, 274 employees are currently employed by Innoviti Technologies Private Limited.
What change has been observed in the net worth of Innoviti Technologies Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Innoviti Technologies Private Limited has experienced an upsurge of 194.04%.
What are the total open charges for Innoviti Technologies Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Innoviti Technologies Private Limited amount to ₹ 43.80 Cr.
When was the last Balance Sheet of Innoviti Technologies Private Limited filed with the ROC?
The most recent Balance Sheet for Innoviti Technologies Private Limited was filed with the ROC on 31 Mar 2024.
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