Interlace India Private Limited

Provides IT solutions, infrastructure services, software development, mobile app development, and consulting services.

2007 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

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

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TN2007PTC064965

  • Company No.

    064965

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Oct 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

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
Padmavathy Venkatesan Country flag representing In Managing Director 05-Oct-2007 Current
Venkatesan Sambandam Country flag representing In Managing Director 05-Oct-2007 Current
Radhaselvi Venkatesan Country flag representing Ca Managing Director 31-Aug-2013 Current

Board Members

People

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%.

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
194.93%
Revenue from Operations
190.80%
Total Assets
54.55%
Profit or Loss
199.94%
Net Worth
16.48%
EBITDA
94.92%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹29.00 Cr

Satisfied Charges

₹40.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 29.00 Cr

Latest Charge Details

Date Lender Amount Status
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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Interlace India

Recent activity within the organization

  • Annual General Meeting

    Interlace India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 19 Dec 2018 via Charge ID 100236904 with Axis Bank Limited was fully satisfied on 03 Apr 2023.

    03 Apr 2023

  • Balance Sheet

    Interlace India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 02 Aug 2011 via Charge ID 10301654 with Idbi Bank Limited was fully satisfied on 29 Mar 2023.

    29 Mar 2023

  • Charges

    A charge registered on 31 Mar 2011 via Charge ID 10286228 with Idbi Bank Limited was fully satisfied on 29 Mar 2023.

    29 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 29.00 Cr with Charge ID 100644476 was registered on 03 Nov 2022.

    03 Nov 2022

Frequently asked questions

  • Interlace India Private Limited was incorporated on 05 Oct 2007.

  • The authorized share capital of Interlace India Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 2.96 M.

  • Currently 3 directors are associated with Interlace India Private Limited.

    • Padmavathy Venkatesan
    • Venkatesan Sambandam
    • Radhaselvi Venkatesan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Interlace India Private Limited is No.40 Sapthagiri Colony Jafferkhanpet, India, Chennai, Tamil Nadu, 600083.

  • The corporate identification number (CIN) of Interlace India Private Limited is U72200TN2007PTC064965 and the company number is 064965 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Interlace India Private Limited is https://www.interlaceindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Interlace India Private Limited has risen by 194.93%.

  • As Per 2023 financial reports, 159 employees are currently employed by Interlace India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Interlace India Private Limited has experienced an upsurge of 16.48%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Interlace India Private Limited amount to ₹ 29.00 Cr.

  • The most recent Balance Sheet for Interlace India Private Limited was filed with the ROC on 31 Mar 2023.

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