Interlace India Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 2.96 M
- Company Age 17 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 29.00 Cr
- Satisfied Charges ₹ 40.00 Cr
- Revenue Growth 194.93%
- Profit Growth 199.94%
- Ebitda 94.92%
- Net Worth 16.48%
- Total Assets 54.55%
About Interlace India
Interlace India Private Limited (IIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 October 2007 and has a history of 17 years and three months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Pioneer Infoserv Systems Private Limited. The Company is engaged in the Information Technology 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 1.00 Cr and a paid-up capital of Rs 2.96 M.
The company currently has active open charges totaling ₹29.00 Cr. The company has closed loans amounting to ₹40.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Padmavathy Venkatesan, Venkatesan Sambandam, and Radhaselvi Venkatesan serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, 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
U72200TN2007PTC064965
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Company No.
064965
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
05 Oct 2007
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
What products or services does Interlace India Private Limited offer?
Interlace India Private Limited offers a wide range of products and services, including Business Consultant, Customer Relation Management, Computer and Networking Solutions, Networking Solutions, Business Intelligence Services, Software Development & IT Consultant, Software Consulting Service, Computer Software & Mobile Apps, Asset Management Software, Economic Analysis Service.
Who are the key members and board of directors at Interlace India?
Executive Team (3)
Name | Designation | Appointment Date | Status |
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Padmavathy Venkatesan | Managing Director | 05-Oct-2007 | Current |
Venkatesan Sambandam | Managing Director | 05-Oct-2007 | Current |
Radhaselvi Venkatesan | Managing Director | 31-Aug-2013 | Current |
Board Members
No Directors or KMP associated with company. Upon reviewing the records, we can confirm that there are no Directors or Key Management Personnel (KMP) associated with this company at present.
Financial Performance of Interlace India.
Interlace India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 194.93% increase. The company also saw a substantial improvement in profitability, with a 199.94% increase in profit. The company's net worth Soared by an impressive increase of 16.48%.
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What is the Ownership and Shareholding Structure of Interlace India?
In 2023, Interlace India had a promoter holding of 60.03% and a public holding of 39.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹29.00 Cr
₹40.00 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 29.00 Cr
Latest Charge Details
Date | Lender | Amount | Status |
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03 Nov 2022 | State Bank Of India | ₹29.00 Cr | Open |
19 Dec 2018 | Axis Bank Limited | ₹17.00 Cr | Satisfied |
02 Aug 2011 | Idbi Bank Limited | ₹15.00 Cr | Satisfied |
31 Mar 2011 | Idbi Bank Limited | ₹8.00 Cr | Satisfied |
How Many Employees Work at Interlace India?
Interlace India has a workforce of 159 employees as of Mar 29, 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 Interlace India, 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 Interlace India'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.