Innovspace Business Solutions Private Limited

Provides co-working space and services since 2017 in Coimbatore, Tamil Nadu.

2017 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Innovspace Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.30 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 4 Days
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 115.09%
  • Profit Growth -250.66%
  • Ebitda 10.35%
  • Net Worth -2.55%
  • Total Assets 28.51%

About Innovspace Business Solutions

Innovspace Business Solutions Private Limited (IBSPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 March 2017 (Eight years 4 days old ). Its registered office is in Coimbatore, Tamil Nadu, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 0.30 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Veerabadran Veereswarayya, Vasanthajyothi Veereswarayya, Vimal Veereshwarayya, and One other member serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999TZ2017PTC028610

  • Company No.

    028610

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Mar 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services
Company report

Innovspace Business Solutions Private Limited

Explore comprehensive data for Innovspace Business Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Innovspace Business Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Venkatachalam Hemarekha Country flag representing In Managing Director24-Jun-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Veerabadran Veereswarayya Country flag representing In Director 08-Mar-2017Current
Vasanthajyothi Veereswarayya Country flag representing In Director 08-Mar-2017Current
Vimal Veereshwarayya Country flag representing Us Director 02-Aug-2017Current

Financial Performance of Innovspace Business Solutions.

Innovspace Business Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 115.09% increase. The company also saw a substantial fall in profitability, with a 250.66% decrease in profit. The company's net worth dipped by a decrease of 2.55%.

Innovspace Business Solutions revenue growth over time
Innovspace Business Solutions 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
115.09%
Revenue from Operations
111.16%
Total Assets
28.51%
Profit or Loss
-250.66%
Net Worth
-2.55%
EBITDA
10.35%

What is the Ownership and Shareholding Structure of Innovspace Business Solutions?

Unlock access to Innovspace Business Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Innovspace Business Solutions?

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

Employee growth trends for Innovspace Business Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Innovspace Business 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 Innovspace Business 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 Innovspace Business Solutions

Recent activity within the organization

  • Director Appointment

    Venkatachalam Hemarekha was appointed as a Managing Director was appointed as a Managing Director on 24 Jun 2024 & has been associated with this company since 8 months 18 days .

  • Annual General Meeting

    Innovspace Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Innovspace Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

  • Director Appointment

    Vimal Veereshwarayya was appointed as a Director was appointed as a Director on 02 Aug 2017 & has been associated with this company since 7 years 7 months .

  • Director Appointment

    Veerabadran Veereswarayya was appointed as a Director was appointed as a Director on 08 Mar 2017 & has been associated with this company since 8 years 4 days .

  • Director Appointment

    Vasanthajyothi Veereswarayya was appointed as a Director was appointed as a Director on 08 Mar 2017 & has been associated with this company since 8 years 4 days .

Frequently asked questions

  • What is the Incorporation or founding date of Innovspace Business Solutions Private Limited?

    Innovspace Business Solutions Private Limited was incorporated on 08 Mar 2017.

  • What is authorized share capital and paid-up capital of Innovspace Business Solutions Private Limited?

    The authorized share capital of Innovspace Business Solutions Private Limited is ₹ 0.30 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Innovspace Business Solutions Private Limited?

    Currently 4 directors are associated with Innovspace Business Solutions Private Limited.

    • Veerabadran Veereswarayya
    • Vasanthajyothi Veereswarayya
    • Vimal Veereshwarayya
    • Venkatachalam Hemarekha
  • What is the registered address of Innovspace Business Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Innovspace Business Solutions Private Limited is 11/4 Pooja Garden Kalapatti Road, Civil Aerodrome Post India, Coimbatore, Tamil Nadu, 641014.

  • What is the corporate identification number (CIN) and company number of Innovspace Business Solutions Private Limited?

    The corporate identification number (CIN) of Innovspace Business Solutions Private Limited is U74999TZ2017PTC028610 and the company number is 028610 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Innovspace Business Solutions Private Limited?

    The Official website of Innovspace Business Solutions Private Limited is https://www.innovspace.com

  • What has been the recent revenue trend for Innovspace Business Solutions Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Innovspace Business Solutions Private Limited has risen by 115.09%.

  • What change has been observed in the net worth of Innovspace Business Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Innovspace Business Solutions Private Limited has experienced an downturn of -2.55%.

  • When was the last Balance Sheet of Innovspace Business Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Innovspace Business Solutions Private Limited was filed with the ROC on 31 Mar 2023.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial