Inovative Technocast Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 20 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 13.54 Cr
- Satisfied Charges ₹ 13.25 Cr
- Revenue Growth 46.88%
- Profit Growth 763.27%
- Ebitda 246.09%
- Net Worth 6.57%
- Total Assets 73.68%
About Inovative Technocast
Inovative Technocast Private Limited (ITPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 October 2004 and has a history of 20 years and three months. Its registered office is in Rajkot, Gujarat, India.
The Company is engaged in the Environment 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 5.00 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹13.54 Cr. The company has closed loans amounting to ₹13.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dhirubhai Dand, Rahul Patel, Vishal Patel, and Two other members serve as directors at the Company.
Company Details
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Location
Rajkot, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U27310GJ2004PTC044992
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Company No.
044992
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
14 Oct 2004
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Inovative Technocast Private Limited offer?
Inovative Technocast Private Limited offers a wide range of products and services, including CNC Machines & Lathe Machine, CNC Machined Components, CNC Milling Machine, Industrial Valves & Valve Fittings, Valve Accessories.
Who are the key members and board of directors at Inovative Technocast?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dhirubhai Dand
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Director | 05-Nov-2004 | Current |
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Rahul Patel
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Director | 15-Jun-2024 | Current |
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Vishal Patel
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Director | 15-Jun-2024 | Current |
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Kaushik Kotadia
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Director | 13-Jan-2018 | Current |
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Udaykumar Tilva
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Director | 24-Nov-2015 | Current |
Financial Performance of Inovative Technocast.
Inovative Technocast Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 46.88% increase. The company also saw a substantial improvement in profitability, with a 763.27% increase in profit. The company's net worth moved up by a moderate rise of 6.57%.
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What is the Ownership and Shareholding Structure of Inovative Technocast?
In 2020, Inovative Technocast had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Inova Cast Pvt LtdRahul Patel, Kaushik Kotadia and 1 more are mutual person
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Hilton Valves Private LimitedKaushik Kotadia is a mutual person
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Roto Screentech Private LimitedRahul Patel and Udaykumar Tilva are mutual person
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Roselin Leathers Private Limited
Rahul Patel is a mutual person
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Creative Castings LimitedDhirubhai Dand is a mutual person
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Polytrans Lamicoats Private LimitedRahul Patel is a mutual person
Charges (Loans)
₹135.40 M
₹132.49 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 13.54 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2021 | Hdfc Bank Limited | ₹6.77 Cr | Open |
| 16 Nov 2021 | Hdfc Bank Limited | ₹6.77 Cr | Open |
| 11 Jun 2010 | Bank Of Baroda | ₹5.62 Cr | Satisfied |
| 13 Apr 2010 | Bank Of Baroda | ₹5.62 Cr | Satisfied |
| 09 May 2005 | State Bank Of Saurashtra | ₹2.00 Cr | Satisfied |
How Many Employees Work at Inovative Technocast?
Inovative Technocast has a workforce of 35 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Inovative Technocast, 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 Inovative Technocast'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
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