Inove Herbaceuticals Private Limited

Manufacturer of herbal cosmetics and formulations, exporting to South Africa under brand 'Beauty & Heal'.

1999 | Thane, Maharashtra (India) | Active
Last Updated: January 03, 2025

Inove Herbaceuticals Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 25 Year, 2 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 3.87 Cr
  • Satisfied Charges ₹ 2.32 Cr
  • Revenue Growth -88.84%
  • Profit Growth -1501.38%
  • Ebitda -1977.29%
  • Net Worth -1443.65%
  • Total Assets -62.41%

About Inove Herbaceuticals

Inove Herbaceuticals Private Limited (IHPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 December 1999 and has a history of 25 years and two months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Fmcg Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹3.87 Cr. The company has closed loans amounting to ₹2.32 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amrish Bhanushali and Nikkhil Deodar serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24239MH1999PTC122862

  • Company No.

    122862

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Dec 1999

  • Date of AGM

    14 Mar 2022

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

FMCG

Who are the key members and board of directors at Inove Herbaceuticals?

Board Members (2)

Name Designation Appointment Date Status
Amrish Bhanushali Country flag representing In Director 02-Dec-1999 Current
Nikkhil Deodar Country flag representing In Director 05-Aug-2008 Current

Financial Performance of Inove Herbaceuticals.

Inove Herbaceuticals Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 88.84% decrease. The company also saw a substantial fall in profitability, with a 1501.38% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1443.65%.

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
-88.84%
Revenue from Operations
-96.96%
Total Assets
-62.41%
Profit or Loss
-1501.38%
Net Worth
-1443.65%
EBITDA
-1977.29%

What is the Ownership and Shareholding Structure of Inove Herbaceuticals?

In 2021, Inove Herbaceuticals 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

₹38.70 M

Satisfied Charges

₹23.17 M

Charges Breakdown by Lending Institutions

  • Others : 3.69 Cr
  • Vasai Janata Sahakari Bank Ltd. : 0.19 Cr

Latest Charge Details

Date Lender Amount Status
29 Sep 2016 Others ₹2.50 M Open
20 Aug 2015 Vasai Janata Sahakari Bank Ltd. ₹1.85 M Open
20 Aug 2015 Others ₹1.50 Cr Open
12 Aug 2015 Others ₹1.94 Cr Open
31 Aug 2012 Nkgsb Co-Op. Bank Ltd. ₹2.29 M Satisfied

How Many Employees Work at Inove Herbaceuticals?

Unlock and access historical data on people associated with Inove Herbaceuticals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Inove Herbaceuticals, 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 Inove Herbaceuticals'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 Inove Herbaceuticals

Recent activity within the organization

  • Annual General Meeting

    Inove Herbaceuticals Private Limited last Annual general meeting of members was held on 14 Mar 2022 as per latest MCA records.

    14 Mar 2022

  • Balance Sheet

    Inove Herbaceuticals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.

    31 Mar 2021

  • Charges

    A charge with Others amounted to Rs. 2.50 M with Charge ID 100054562 was registered on 29 Sep 2016.

    29 Sep 2016

  • Charges

    A charge with Others of Rs. 15.00 M registered on 20 Aug 2015 with Charge ID 10590168 was modified on 20 Sep 2016.

    20 Sep 2016

  • Charges

    A charge with Others of Rs. 19.35 M registered on 12 Aug 2015 with Charge ID 10590166 was modified on 17 Sep 2016.

    17 Sep 2016

  • Charges

    A charge registered on 31 Aug 2012 via Charge ID 10383275 with Nkgsb Co-Op. Bank Ltd. was fully satisfied on 21 Aug 2015.

    21 Aug 2015

Frequently asked questions

  • Inove Herbaceuticals Private Limited was incorporated on 02 Dec 1999.

  • The authorized share capital of Inove Herbaceuticals Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Inove Herbaceuticals Private Limited.

    • Amrish Pratap Bhanushali
    • Nikkhil Shankar Deodar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Inove Herbaceuticals Private Limited is Gala No.2 Gopal Industrial Estate Thungareshwar Phata Sativali Eas T, India, Vasai, Maharashtra, 401208.

  • The corporate identification number (CIN) of Inove Herbaceuticals Private Limited is U24239MH1999PTC122862 and the company number is 122862 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Inove Herbaceuticals Private Limited is https://www.inove.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Inove Herbaceuticals Private Limited has fallen by -88.84%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Inove Herbaceuticals Private Limited has experienced an downturn of -1443.65%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Inove Herbaceuticals Private Limited amount to ₹ 3.87 Cr.

  • The most recent Balance Sheet for Inove Herbaceuticals Private Limited was filed with the ROC on 31 Mar 2021.

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