Innvol Medical India Limited

Produces PVC bags for blood transfusions and infusion solutions with various systems and accessories.

1995 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Innvol Medical India Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 23.15 Cr
  • Company Age 29 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.22 Cr
  • Satisfied Charges ₹ 1.24 Cr
  • Revenue Growth -16.70%
  • Profit Growth -7.40%
  • Ebitda -61.86%
  • Net Worth -11.14%
  • Total Assets -0.52%

About Innvol Medical India

Innvol Medical India Limited (IMIL) is a Public Limited Indian Non-Government Company incorporated in India on 06 December 1995 and has a history of 29 years and two months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Healthcare 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 30.00 Cr and a paid-up capital of Rs 23.15 Cr.

The company currently has active open charges totaling ₹8.22 Cr. The company has closed loans amounting to ₹1.24 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Innvol Medical India Limited India is Sunil Shastri as CFO. Mahesh Shastri, Sunirmal Talukdar, Sunil Shastri, and Four other members serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    innvol.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24231TN1995PLC033752

  • Company No.

    033752

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Dec 1995

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Healthcare

What products or services does Innvol Medical India Limited offer?

Innvol Medical India Limited offers a wide range of products and services, including Surgical & Medical Consumables, Surgical Disposables, Forceps & Graspers, Graspers, Pollution Control Devices & Machines, Bag Filter.

Who are the key members and board of directors at Innvol Medical India?

Executive Team (1)

NameDesignationAppointment DateStatus
Sunil Shastri Country flag representing In CFO15-Jun-2019Current

Board Members (7)

NameDesignationAppointment DateStatus
Mahesh Shastri Country flag representing Us Director 29-Sep-2006Current
Sunirmal Talukdar Country flag representing In Director 26-Jan-2016Current
Sunil Shastri Country flag representing In Whole-Time Director and Cfo 10-Dec-2005Current
Hitandrakumar Bhakta Country flag representing Us Director 13-Dec-2007Current
Vijay Bhagat Country flag representing Us Director 11-Feb-2009Current
Nimisha Shastri Country flag representing Us Director 11-Feb-2009Current

Financial Performance of Innvol Medical India.

Innvol Medical India Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.7% decrease. The company also saw a slight decrease in profitability, with a 7.4% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.14%.

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
-16.70%
Revenue from Operations
-16.61%
Total Assets
-0.52%
Profit or Loss
-7.40%
Net Worth
-11.14%
EBITDA
-61.86%

What is the Ownership and Shareholding Structure of Innvol Medical India?

In 2023, Innvol Medical India had a promoter holding of 66.35% and a public holding of 33.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.22 Cr

Satisfied Charges

₹1.24 Cr

Charges Breakdown by Lending Institutions

  • Veeare Support Services Private Limited : 4.50 Cr
  • Pravin C Pranav : 3.13 Cr
  • Others : 0.58 Cr

Latest Charge Details

DateLenderAmountStatus
15 Mar 2021Others₹5.82 MOpen
16 Jun 2013Veeare Support Services Private Limited₹4.50 CrOpen
01 Sep 2009Pravin C Pranav₹3.13 CrOpen
04 Jan 2006Namisha Shastri₹1.24 CrSatisfied

How Many Employees Work at Innvol Medical India?

Innvol Medical India has a workforce of 44 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Innvol Medical India, 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 Innvol Medical India'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 Innvol Medical India

Recent activity within the organization

  • Annual General Meeting

    Innvol Medical India Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Innvol Medical India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.58 Cr with Charge ID 100446751 was registered on 15 Mar 2021.

    15 Mar 2021

  • Director Appointment

    Sunirmal Talukdar was appointed as a Director was appointed as a Director on 26 Jan 2016 & has been associated with this company since 9 years 27 days .

    26 Jan 2016

  • Charges

    A charge registered on 04 Jan 2006 via Charge ID 90287100 with Namisha Shastri was fully satisfied on 22 Sep 2014.

    22 Sep 2014

  • Charges

    A charge with Veeare Support Services Private Limited amounted to Rs. 4.50 Cr with Charge ID 10434198 was registered on 16 Jun 2013.

    16 Jun 2013

Frequently asked questions

  • Innvol Medical India Limited was incorporated on 06 Dec 1995.

  • The authorized share capital of Innvol Medical India Limited is ₹ 30.00 Cr and paid-up capital is ₹ 23.15 Cr.

  • Currently 8 directors are associated with Innvol Medical India Limited.

    • Mahesh Shastri
    • Sunirmal Talukdar
    • Sunil Mahesh Shastri
    • Hitandrakumar Bhakta
    • Vijay Bhagat
    • Nimisha Sunil Shastri
    • Pravin Chhotubhai Pranav
    • Sunil Mahesh Shastri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Innvol Medical India Limited is No.386/391 Walajabad Road Kunnam Village Sripeumbundur Taluk, India, Kanchipuram, Tamil Nadu, 631604.

  • The corporate identification number (CIN) of Innvol Medical India Limited is U24231TN1995PLC033752 and the company number is 033752 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Innvol Medical India Limited is https://www.innvol.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Innvol Medical India Limited has fallen by -16.70%.

  • As Per 2023 financial reports, 44 employees are currently employed by Innvol Medical India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Innvol Medical India Limited has experienced an downturn of -11.14%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Innvol Medical India Limited amount to ₹ 8.22 Cr.

  • The most recent Balance Sheet for Innvol Medical India Limited was filed with the ROC on 31 Mar 2023.

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