Inovative Technocast Private Limited

Manufactures castings for valves, pumps, and engineering industries as part of Inova Group.

2004 | Rajkot, Gujarat (India) | Active
Last Updated:

Inovative Technocast Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 20 Year, 6 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 six 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

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27310GJ2004PTC044992

  • Company No.

    044992

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Oct 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Environment
Manufacturing

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.

Company report

Inovative Technocast Private Limited

Explore comprehensive data for Inovative Technocast Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Inovative Technocast?

Board Members (5)

NameDesignationAppointment DateStatus
Dhirubhai Dand Country flag representing In Director 05-Nov-2004Current
Rahul Patel Country flag representing In Director 15-Jun-2024Current
Vishal Patel Country flag representing In Director 15-Jun-2024Current
Kaushik Kotadia Country flag representing In Director 13-Jan-2018Current
Udaykumar Tilva Country flag representing In Director 24-Nov-2015Current

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%.

Inovative Technocast revenue growth over time
Inovative Technocast 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
46.88%
Revenue from Operations
46.35%
Total Assets
73.68%
Profit or Loss
763.27%
Net Worth
6.57%
EBITDA
246.09%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹135.40 M

Satisfied Charges

₹132.49 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 13.54 Cr

Latest Charge Details

DateLenderAmountStatus
30 Dec 2021Hdfc Bank Limited₹6.77 CrOpen
16 Nov 2021Hdfc Bank Limited₹6.77 CrOpen
11 Jun 2010Bank Of Baroda₹5.62 CrSatisfied
13 Apr 2010Bank Of Baroda₹5.62 CrSatisfied
09 May 2005State Bank Of Saurashtra₹2.00 CrSatisfied

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.

Employee growth trends for Inovative Technocast Private Limited

Deals i

Graph showing company valuation over time

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

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 Inovative Technocast

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Hdfc Bank Limited of Rs. 67.70 M registered on 16 Nov 2021 with Charge ID 100510360 was modified on 13 Sep 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 67.70 M registered on 30 Dec 2021 with Charge ID 100524454 was modified on 06 Sep 2024.

  • Director Appointment

    Rahul Mansukhbhai Patel was appointed as a Director was appointed as a Director on 15 Jun 2024 & has been associated with this company since 10 months 11 days .

  • Director Appointment

    Vishal Dhirubhai Patel was appointed as a Director was appointed as a Director on 15 Jun 2024 & has been associated with this company since 10 months 11 days .

  • Balance Sheet

    Inovative Technocast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

Frequently asked questions

  • What is the Incorporation or founding date of Inovative Technocast Private Limited?

    Inovative Technocast Private Limited was incorporated on 14 Oct 2004.

  • What is authorized share capital and paid-up capital of Inovative Technocast Private Limited?

    The authorized share capital of Inovative Technocast Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Who are the current board members & directors of Inovative Technocast Private Limited?

    Currently 5 directors are associated with Inovative Technocast Private Limited.

    • Dhirubhai Dand
    • Rahul Mansukhbhai Patel
    • Vishal Dhirubhai Patel
    • Kaushik Jerambhai Kotadia
    • Udaykumar Ranchhod Tilva

  • What is the registered address of Inovative Technocast Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Inovative Technocast Private Limited is Survey No.204, Village : Veraval (Shapar) India, Rajkot, Gujarat, 360024.

  • What is the corporate identification number (CIN) and company number of Inovative Technocast Private Limited?

    The corporate identification number (CIN) of Inovative Technocast Private Limited is U27310GJ2004PTC044992 and the company number is 044992 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Inovative Technocast Private Limited?

    The Official website of Inovative Technocast Private Limited is https://www.inovacast.com

  • What has been the recent revenue trend for Inovative Technocast Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Inovative Technocast Private Limited has risen by 46.88%.

  • How many employees does Inovative Technocast Private Limited currently have?

    As Per 2022 financial reports, 35 employees are currently employed by Inovative Technocast Private Limited.

  • What change has been observed in the net worth of Inovative Technocast Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Inovative Technocast Private Limited has experienced an upsurge of 6.57%.

  • What are the total open charges for Inovative Technocast Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Inovative Technocast Private Limited amount to ₹ 13.54 Cr.

  • When was the last Balance Sheet of Inovative Technocast Private Limited filed with the ROC?

    The most recent Balance Sheet for Inovative Technocast Private Limited was filed with the ROC on 31 Mar 2024.

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