Inovic Creations Private Limited

Manufactures and trades in precious metal ornaments, jewelry, watches, and other luxury items.

2013 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 23, 2024

Inovic Creations Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 11 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 8.00 M
  • Revenue Growth -24.96%
  • Profit Growth -17.38%
  • Ebitda -31.11%
  • Net Worth 25.97%
  • Total Assets 35.52%

About Inovic Creations

Inovic Creations Private Limited (ICPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 March 2013 and has a history of 11 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Consumer Goods 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹8.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Khushboo Shah, Minaben Shah, and Manan Shah serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36910GJ2013PTC073944

  • Company No.

    073944

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Mar 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Goods

Who are the key members and board of directors at Inovic Creations?

Board Members (3)

Name Designation Appointment Date Status
Khushboo Shah Country flag representing In Additional Director 03-Dec-2022 Current
Minaben Shah Country flag representing In Director 12-Mar-2013 Current
Manan Shah Country flag representing In Director 12-Mar-2013 Current

Financial Performance of Inovic Creations.

Inovic Creations Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.96% decrease. The company also saw a substantial fall in profitability, with a 17.38% decrease in profit. The company's net worth Soared by an impressive increase of 25.97%.

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
-24.96%
Revenue from Operations
-24.95%
Total Assets
35.52%
Profit or Loss
-17.38%
Net Worth
25.97%
EBITDA
-31.11%

What is the Ownership and Shareholding Structure of Inovic Creations?

In 2023, Inovic Creations had a promoter holding of 67.00% and a public holding of 33.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹8.00 M

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 0.80 Cr

Latest Charge Details

Date Lender Amount Status
25 Sep 2017 Yes Bank Limited ₹8.00 M Satisfied

How Many Employees Work at Inovic Creations?

Unlock and access historical data on people associated with Inovic Creations, 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 Inovic Creations, 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 Inovic Creations'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 Inovic Creations

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 25 Sep 2017 via Charge ID 100127141 with Yes Bank Limited was fully satisfied on 30 Jan 2023.

    30 Jan 2023

  • Director Appointment

    Khushboo Chintan Shah was appointed as a Additional Director was appointed as a Additional Director on 03 Dec 2022 & has been associated with this company since 2 years 2 months .

    03 Dec 2022

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 8.00 M with Charge ID 100127141 was registered on 25 Sep 2017.

    25 Sep 2017

  • Director Appointment

    Minaben Narendrakumar Shah was appointed as a Director was appointed as a Director on 12 Mar 2013 & has been associated with this company since 11 years 11 months .

    12 Mar 2013

Frequently asked questions

  • Inovic Creations Private Limited was incorporated on 12 Mar 2013.

  • The authorized share capital of Inovic Creations Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Inovic Creations Private Limited.

    • Khushboo Chintan Shah
    • Minaben Narendrakumar Shah
    • Manan Narendrakumar Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Inovic Creations Private Limited is 3609/2252 Mahurat Pole Manekchowk Mandvini Pole, India, Ahmedabad, Gujarat, 380001.

  • The corporate identification number (CIN) of Inovic Creations Private Limited is U36910GJ2013PTC073944 and the company number is 073944 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Inovic Creations Private Limited has fallen by -24.96%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Inovic Creations Private Limited has experienced an upsurge of 25.97%.

  • The most recent Balance Sheet for Inovic Creations Private Limited was filed with the ROC on 31 Mar 2024.

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