Yash Innoventures Limited

Founded in 1991 and headquartered in Gujarat, India.

1991 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 17, 2023

Yash Innoventures Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.72 Cr
  • Company Age 33 Year, 3 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 21.98 Cr
  • Satisfied Charges ₹ 13.60 Cr
  • Revenue Growth -97.06%
  • Profit Growth -109.27%
  • Ebitda -3.12%
  • Net Worth -5.67%
  • Total Assets 8.36%

About Yash Innoventures

Yash Innoventures Limited (YIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 November 1991 and has a history of 33 years and three months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 523650.

The Corporate was formerly known as Redex Protech Limited. The Company is engaged in the Education Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 6.72 Cr.

The company currently has active open charges totaling ₹21.98 Cr. The company has closed loans amounting to ₹13.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Yash Innoventures Limited India are Naresh Prajapat SERVING AS THE CHIEF FINANCIAL OFFICER (CFO) and Pooja Jain as Company Secretary. Gnanesh Bhagat, Hirenbhai Patel, Angana Bhagat, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L45100GJ1991PLC016557

  • Company No.

    016557

  • Stock Symbol

    BSE : 523650

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Nov 1991

  • Date of AGM

    28 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Listed

  • ROC Code

    Roc-Ahmedabad

Industry

Education
Machinery and Equipment
Real Estate and Construction

Who are the key members and board of directors at Yash Innoventures?

Executive Team (3)

Name Designation Appointment Date Status
Gnanesh Bhagat Country flag representing In Managing Director 01-Sep-2017 Current
Naresh Prajapat CFO(Kmp) 08-Aug-2022 Current
Pooja Jain Country flag representing In Company Secretary 02-Jun-2022 Current

Board Members (3)

Name Designation Appointment Date Status
Ashish Tripathi Country flag representing In Director 23-Aug-2022 Current
Hirenbhai Patel Country flag representing In Director 30-Sep-2004 Current
Angana Bhagat Country flag representing In Director 30-Sep-2014 Current

Financial Performance of Yash Innoventures.

Yash Innoventures Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 97.06% decrease. The company also saw a substantial fall in profitability, with a 109.27% decrease in profit. The company's net worth dipped by a decrease of 5.67%.

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
-97.06%
Revenue from Operations
-89.56%
Total Assets
8.36%
Profit or Loss
-109.27%
Net Worth
-5.67%
EBITDA
-3.12%

What is the Ownership and Shareholding Structure of Yash Innoventures?

In 2022, Yash Innoventures had a promoter holding of 38.34% and a public holding of 61.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21.98 Cr

Satisfied Charges

₹13.60 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 21.98 Cr

Latest Charge Details

Date Lender Amount Status
21 May 2020 State Bank Of India ₹21.98 Cr Open
18 Mar 2008 Anchor Leasing Private Limted ₹8.00 Cr Satisfied
23 Apr 1997 Chrotar Nagrik Sahakari Bank Ltd. ₹1.25 Cr Satisfied
10 Apr 1997 Chrotar Nagrik Sahakari Bank Ltd. ₹1.25 Cr Satisfied
16 Aug 1996 Dena Bank ₹1.50 M Satisfied

How Many Employees Work at Yash Innoventures?

Unlock and access historical data on people associated with Yash Innoventures, 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 Yash Innoventures, 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 Yash Innoventures'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 Yash Innoventures

Recent activity within the organization

  • Annual General Meeting

    Yash Innoventures Limited last Annual general meeting of members was held on 28 Sep 2022 as per latest MCA records.

    28 Sep 2022

  • Director Appointment

    Ashish Prakash Tripathi was appointed as a Director was appointed as a Director on 23 Aug 2022 & has been associated with this company since 2 years 5 months .

    23 Aug 2022

  • Director Appointment

    Naresh Kumar Prajapat was appointed as a Cfo(Kmp) was appointed as a Cfo(Kmp) on 08 Aug 2022 & has been associated with this company since 2 years 5 months .

    08 Aug 2022

  • Balance Sheet

    Yash Innoventures Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with RoC-Ahmedabad.

    31 Mar 2022

  • Charges

    A charge with State Bank Of India of Rs. 21.98 Cr registered on 21 May 2020 with Charge ID 100337008 was modified on 08 Mar 2022.

    08 Mar 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 21.98 Cr with Charge ID 100337008 was registered on 21 May 2020.

    21 May 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Yash Innoventures Limited was incorporated on 01 Nov 1991.

  • The authorized share capital of Yash Innoventures Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.72 Cr.

  • Currently 6 directors are associated with Yash Innoventures Limited.

    • Gnanesh Rajendrabhai Bhagat
    • Hirenbhai Pramukhray Patel
    • Angana Gnanesh Bhagat
    • Ashish Prakash Tripathi
    • Naresh Kumar Prajapat
    • Pooja Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Yash Innoventures Limited is 1St Floor Corporate House No3 Parshwanath Business, Park Bh Prahladnagar Garden S.G.Highway, Ahmedabad, Gujarat, India, 380014.

  • The corporate identification number (CIN) of Yash Innoventures Limited is L45100GJ1991PLC016557 and the company number is 016557 as per Ministry of Corporate Affairs (MCA).

  • Yes, Yash Innoventures Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Yash Innoventures Limited is https://www.yashinnoventures.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Yash Innoventures Limited has fallen by -97.06%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Yash Innoventures Limited has experienced an downturn of -5.67%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Yash Innoventures Limited amount to ₹ 21.98 Cr.

  • The most recent Balance Sheet for Yash Innoventures Limited was filed with the ROC on 31 Mar 2022.

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