Inovaare Clouds Solutions Private Limited

Provides software development and services, founded in 2015, based in Orissa.

2015 | Khorda, Odisha (India) | Active
Last Updated:

Inovaare Clouds Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.20 Cr
  • Satisfied Charges ₹ 4.50 M
  • Revenue Growth 36.03%
  • Profit Growth -3.20%
  • Ebitda 12.88%
  • Net Worth 32.05%
  • Total Assets 147.44%

About Inovaare Clouds Solutions

Inovaare Clouds Solutions Private Limited (ICSPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 April 2015 (Nine years and ten months 12 days old ). Its registered office is in Khorda, Odisha, India.

The Company is engaged in the Information Technology 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 0.10 M.

The company currently has active open charges totaling ₹1.20 Cr. The company has closed loans amounting to ₹4.50 M, as per Ministry of Corporate Affairs (MCA) records.

Guru Mishra and Mohar Mishra serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200OR2015PTC018919

  • Company No.

    018919

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Apr 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Information Technology

Who are the key members and board of directors at Inovaare Clouds Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Guru Mishra Country flag representing In Director 29-Apr-2015Current
Mohar Mishra Country flag representing In Director 29-Apr-2015Current

Financial Performance of Inovaare Clouds Solutions.

Inovaare Clouds Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 36.03% increase. The company also saw a slight decrease in profitability, with a 3.2% decrease in profit. The company's net worth Soared by an impressive increase of 32.05%.

Inovaare Clouds Solutions revenue growth over time
Inovaare Clouds 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
36.03%
Revenue from Operations
35.54%
Total Assets
147.44%
Profit or Loss
-3.20%
Net Worth
32.05%
EBITDA
12.88%

What is the Ownership and Shareholding Structure of Inovaare Clouds Solutions?

Unlock access to Inovaare Clouds 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)

Open Charges

₹11.97 M

Satisfied Charges

₹4.50 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.20 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jan 2023Hdfc Bank Limited₹7.97 MOpen
29 Jul 2021Hdfc Bank Limited₹4.00 MOpen
08 Feb 2022Hdfc Bank Limited₹4.50 MSatisfied

How Many Employees Work at Inovaare Clouds Solutions?

Inovaare Clouds Solutions has a workforce of 163 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.

Employee growth trends for Inovaare Clouds Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Inovaare Clouds 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 Inovaare Clouds 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 Inovaare Clouds Solutions

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge registered on 08 Feb 2022 via Charge ID 100541638 with Hdfc Bank Limited was fully satisfied on 12 Aug 2024.

  • Balance Sheet

    Inovaare Clouds Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 7.97 M with Charge ID 100689316 was registered on 24 Jan 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.50 M with Charge ID 100541638 was registered on 08 Feb 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.00 M with Charge ID 100477552 was registered on 29 Jul 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Inovaare Clouds Solutions Private Limited?

    Inovaare Clouds Solutions Private Limited was incorporated on 29 Apr 2015.

  • What is authorized share capital and paid-up capital of Inovaare Clouds Solutions Private Limited?

    The authorized share capital of Inovaare Clouds Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Inovaare Clouds Solutions Private Limited?

    Currently 2 directors are associated with Inovaare Clouds Solutions Private Limited.

    • Guru Prakash Mishra
    • Mohar Manohar Mishra
  • What is the registered address of Inovaare Clouds Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Inovaare Clouds Solutions Private Limited is Aparajita 1022 Sriram Nagar, India, Bhubaneswar, Orissa, 751002.

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

    The corporate identification number (CIN) of Inovaare Clouds Solutions Private Limited is U72200OR2015PTC018919 and the company number is 018919 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Inovaare Clouds Solutions Private Limited?

    The Official website of Inovaare Clouds Solutions Private Limited is https://www.acesocloud.com

  • What has been the recent revenue trend for Inovaare Clouds Solutions Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Inovaare Clouds Solutions Private Limited has risen by 36.03%.

  • How many employees does Inovaare Clouds Solutions Private Limited currently have?

    As Per 2022 financial reports, 163 employees are currently employed by Inovaare Clouds Solutions Private Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Inovaare Clouds Solutions Private Limited has experienced an upsurge of 32.05%.

  • What are the total open charges for Inovaare Clouds Solutions Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Inovaare Clouds Solutions Private Limited amount to ₹ 1.20 Cr.

  • When was the last Balance Sheet of Inovaare Clouds Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Inovaare Clouds Solutions Private Limited was filed with the ROC on 31 Mar 2024.