Madeit Innovation Foundation

Madeit Innovation Foundation

Design-driven tech incubator with funding, mentorship, and industry connections.
2016 | Kanchipuram, Tamil Nadu (India) | Active

Last Updated:

January 11, 2025
HomeCompanyMadeit Innovation Foundation

Who are the key members and board of directors at Madeit Innovation Foundation?

Board Members(6)

NameDesignationAppointment DateStatus
Gangadharan Venkatesh In Director 09-Dec-2023Current
Padma Parthasarathy In Director 09-Dec-2023Current
Vellapakkam Somasekhar In Director 09-Dec-2023Current
Machavaram Kartikeyan In Director 15-Mar-2023Current
Sekar Ganesan In Director 08-Mar-2024Current
Sudhir Varadarajan In Director 10-Aug-2016Current

Financial Performance of Madeit Innovation Foundation.

Madeit Innovation Foundation, for the financial year ended 2022, experienced significant growth in revenue, with a 20.84% increase. The company also saw a substantial improvement in profitability, with a 31.23% increase in profit. The company's net worth moved up by a moderate rise of 4.01%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
20.84%
Revenue from Operations
34.38%
Total Assets
3.84%
Profit or Loss
31.23%
Net Worth
4.01%
EBITDA
52.65%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Madeit Innovation Foundation?

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

Employee Graph

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Latest Updates, News, and FAQs on Madeit Innovation Foundation

Recent activity within the organization

  • Annual General Meeting

    Madeit Innovation Foundation last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Madeit Innovation Foundation has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Sekar Ganesan was appointed as a Director was appointed as a Director on 08 Mar 2024 & has been associated with this company since 10 months 12 days .

    08 Mar 2024

  • Director Appointment

    Padma Parthasarathy was appointed as a Director was appointed as a Director on 09 Dec 2023 & has been associated with this company since 1 year 1 month .

    09 Dec 2023

  • Director Appointment

    Vellapakkam Ganapathy Somasekhar was appointed as a Director was appointed as a Director on 09 Dec 2023 & has been associated with this company since 1 year 1 month .

    09 Dec 2023

  • Director Appointment

    Gangadharan Venkatesh was appointed as a Director was appointed as a Director on 09 Dec 2023 & has been associated with this company since 1 year 1 month .

    09 Dec 2023

Frequently asked questions

  • Madeit Innovation Foundation was incorporated on 10 Aug 2016.

  • The authorized share capital of Madeit Innovation Foundation is ₹ 0.00 and paid-up capital is ₹ 0.00.

  • Currently 6 directors are associated with Madeit Innovation Foundation.

    • Padma Parthasarathy
    • Vellapakkam Ganapathy Somasekhar
    • Machavaram Venkata Kartikeyan
    • Sekar Ganesan
    • Sudhir Varadarajan
    • Gangadharan Venkatesh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Madeit Innovation Foundation is 3Rd Floor, New Academic Block Iiitdm India, Kancheepuram, Tamil Nadu, 600127.

  • The corporate identification number (CIN) of Madeit Innovation Foundation is U74999TN2016NPL111889 and the company number is 111889 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Madeit Innovation Foundation is https://www.madeit.iiitdm.ac.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Madeit Innovation Foundation has risen by 20.84%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Madeit Innovation Foundation has experienced an upsurge of 4.01%.

  • The most recent Balance Sheet for Madeit Innovation Foundation was filed with the ROC on 31 Mar 2024.