Inova Cast Profile
Key Indicators
- Authorised Capital ₹ 3.50 M
- Paid Up Capital ₹ 2.80 M
- Company Age 33 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.99 Cr
- Satisfied Charges ₹ 12.95 Cr
- Revenue Growth 31.51%
- Profit Growth 47.34%
- Ebitda 0.11%
- Net Worth 17.15%
- Total Assets -1.65%
About Inova Cast
Inova Cast Pvt Ltd (ICPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 September 1991 and has a history of 33 years and six months. Its registered office is in Rajkot, Gujarat, India.
The Company is engaged in the Manufacturing 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 3.50 M and a paid-up capital of Rs 2.80 M.
The company currently has active open charges totaling ₹4.99 Cr. The company has closed loans amounting to ₹12.95 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kaushik Kotadia, Rahul Patel, Udaykumar Tilva, and Two other members serve as directors at the Company.
Company Details
- Location
Rajkot, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27109GJ1991PTC016297
- Company No.
016297
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Sep 1991
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
What products or services does Inova Cast Pvt Ltd offer?
Inova Cast Pvt Ltd offers a wide range of products and services, including Metal Castings, Ferrous Castings.
Who are the key members and board of directors at Inova Cast?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinodkumar Tilva  | Director | 19-Sep-1991 | Current |
| Kaushik Kotadia | Director | 15-Jun-2024 | Current |
| Rahul Patel | Director | 24-Nov-2015 | Current |
| Udaykumar Tilva | Director | 24-Nov-2015 | Current |
| Mansukhlal Kaneria | Director | 13-Jan-2018 | Current |
Financial Performance of Inova Cast.
Inova Cast Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 31.51% increase. The company also saw a substantial improvement in profitability, with a 47.34% increase in profit. The company's net worth Soared by an impressive increase of 17.15%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Inova Cast?
In 2023, Inova Cast had a promoter holding of 76.70% and a public holding of 23.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Inovative Technocast Private LimitedKaushik Kotadia, Rahul Patel and 1 more are mutual person
Hilton Valves Private LimitedKaushik Kotadia is a mutual person
Vinyoflex LimitedVinodkumar Tilva is a mutual person
Roto Screentech Private LimitedRahul Patel, Udaykumar Tilva and 1 more are mutual person
- Roselin Leathers Private Limited
Rahul Patel is a mutual person
Polytrans Lamicoats Private LimitedRahul Patel and Vinodkumar Tilva are mutual person
Charges (Loans)
Open Charges
₹49.90 M
Satisfied Charges
₹129.47 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 4.99 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Nov 2021 | Hdfc Bank Limited | ₹4.99 Cr | Open |
| 11 Jun 2007 | Bank Of Baroda | ₹3.50 M | Satisfied |
| 26 Oct 2006 | State Bank Of Saurashtra | ₹2.00 Cr | Satisfied |
| 27 Jan 2006 | Bank Of Baroda | ₹2.62 Cr | Satisfied |
| 02 Mar 1994 | Others | ₹3.99 Cr | Satisfied |
How Many Employees Work at Inova Cast?
Unlock and access historical data on people associated with Inova Cast, 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 Inova Cast, 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 Inova Cast'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 Inova Cast
Recent activity within the organization
- Annual General Meeting
Inova Cast Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Kaushik Jerambhai Kotadia was appointed as a Director was appointed as a Director on 15 Jun 2024 & has been associated with this company since 9 months 15 days .
- Balance Sheet
Inova Cast Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Hdfc Bank Limited of Rs. 49.90 M registered on 17 Nov 2021 with Charge ID 100505348 was modified on 20 May 2022.
- Charges
A charge registered on 11 Jun 2007 via Charge ID 10067567 with Bank Of Baroda was fully satisfied on 03 Mar 2022.
- Charges
A charge registered on 27 Jan 2006 via Charge ID 80035537 with Bank Of Baroda was fully satisfied on 03 Mar 2022.
Frequently asked questions
What is the Incorporation or founding date of Inova Cast Pvt Ltd?
Inova Cast Pvt Ltd was incorporated on 19 Sep 1991.
What is authorized share capital and paid-up capital of Inova Cast Pvt Ltd?
The authorized share capital of Inova Cast Pvt Ltd is ₹ 3.50 M and paid-up capital is ₹ 2.80 M.
Who are the current board members & directors of Inova Cast Pvt Ltd?
Currently 5 directors are associated with Inova Cast Pvt Ltd.
- Kaushik Jerambhai Kotadia
- Rahul Mansukhbhai Patel
- Udaykumar Ranchhod Tilva
- Mansukhlal Jeramdas Kaneria
- Vinodkumar Khimji Tilva
What is the registered address of Inova Cast Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Inova Cast Pvt Ltd is Survey No. 202 Essen Road Veraval (Shapar) Tal. Kotda Sangani, India, Rajkot, Gujarat, 360024.
What is the corporate identification number (CIN) and company number of Inova Cast Pvt Ltd?
The corporate identification number (CIN) of Inova Cast Pvt Ltd is U27109GJ1991PTC016297 and the company number is 016297 as per Ministry of Corporate Affairs (MCA).
What is the official website of Inova Cast Pvt Ltd?
The Official website of Inova Cast Pvt Ltd is https://www.inovacast.com
What has been the recent revenue trend for Inova Cast Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Inova Cast Pvt Ltd has risen by 31.51%.
What change has been observed in the net worth of Inova Cast Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Inova Cast Pvt Ltd has experienced an upsurge of 17.15%.
What are the total open charges for Inova Cast Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Inova Cast Pvt Ltd amount to ₹ 4.99 Cr.
When was the last Balance Sheet of Inova Cast Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Inova Cast Pvt Ltd was filed with the ROC on 31 Mar 2024.
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