Inovic Power Solutions Profile
Key Indicators
- Authorised Capital ₹ 0.75 M
- Paid Up Capital ₹ 0.75 M
- Company Age 12 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.12 Cr
- Revenue Growth -48.77%
- Profit Growth 70.14%
- Ebitda 24.63%
- Net Worth 21.68%
- Total Assets 27.02%
About Inovic Power Solutions
Inovic Power Solutions Private Limited (IPSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 October 2012 and has a history of 12 years and three months. Its registered office is in Hyderbad, Telangana, India.
The Company is engaged in the Energy And Power Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.75 M and a paid-up capital of Rs 0.75 M.
The company currently has active open charges totaling ₹1.12 Cr.
Baby Kanubuddi and Naga Kanubuddi serve as directors at the Company.
Company Details
- Location
Hyderbad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U31500TG2012PTC083886
- Company No.
083886
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Oct 2012
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
What products or services does Inovic Power Solutions Private Limited offer?
Inovic Power Solutions Private Limited offers a wide range of products and services, including Electrical Panels & Distribution Box, Electric Control Panel.
Who are the key members and board of directors at Inovic Power Solutions?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Baby Kanubuddi  | Director | 08-Jan-2018 | Current |
| Naga Kanubuddi | Director | 30-Oct-2012 | Current |
Financial Performance of Inovic Power Solutions.
Inovic Power Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 48.77% decrease. The company also saw a substantial improvement in profitability, with a 70.14% increase in profit. The company's net worth Soared by an impressive increase of 21.68%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Inovic Power Solutions?
In 2023, Inovic Power Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹11.22 M
₹0
Charges Breakdown by Lending Institutions
- Indian Bank : 1.12 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Nov 2021 | Indian Bank | ₹0.42 M | Open |
| 03 Jun 2020 | Indian Bank | ₹0.80 M | Open |
| 14 Jan 2020 | Indian Bank | ₹1.00 Cr | Open |
How Many Employees Work at Inovic Power Solutions?
Inovic Power Solutions has a workforce of 6 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Inovic Power 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 Inovic Power Solutions'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
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.
