Yash Innoventures Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 6.72 Cr
- Company Age 33 Year, 4 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 four 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
- Website
- 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  | Managing Director | 01-Sep-2017 | Current |
| Naresh Prajapat | CFO(Kmp) | 08-Aug-2022 | Current |
| Pooja Jain | Company Secretary | 02-Jun-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ashish Tripathi | Director | 23-Aug-2022 | Current |
| Hirenbhai Patel | Director | 30-Sep-2004 | Current |
| Angana Bhagat | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Yash Shelters LimitedGnanesh Bhagat and Angana Bhagat are mutual person
Yash Procon Private LimitedGnanesh Bhagat is a mutual person
Shaifali Rolls LimitedAshish Tripathi is a mutual person
Cropbasket Agro Innovations LimitedAshish Tripathi is a mutual person
Yash Aqua Build LlpGnanesh Bhagat and Angana Bhagat are mutual person
- Yash Commercial Llp
Gnanesh Bhagat is a mutual person
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.
Deals i
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
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.
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.
- 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 6 months .
- 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 6 months .
- Balance Sheet
Yash Innoventures Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with RoC-Ahmedabad.
- 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.
- Charges
A charge with State Bank Of India amounted to Rs. 21.98 Cr with Charge ID 100337008 was registered on 21 May 2020.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Yash Innoventures Limited?
Yash Innoventures Limited was incorporated on 01 Nov 1991.
What is authorized share capital and paid-up capital of Yash Innoventures Limited?
The authorized share capital of Yash Innoventures Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.72 Cr.
Who are the current board members & directors of Yash Innoventures Limited?
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
What is the registered address of Yash Innoventures Limited?
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.
What is the corporate identification number (CIN) and company number of Yash Innoventures Limited?
The corporate identification number (CIN) of Yash Innoventures Limited is L45100GJ1991PLC016557 and the company number is 016557 as per Ministry of Corporate Affairs (MCA).
Is Yash Innoventures Limited registered with any stock exchange in India?
Yes, Yash Innoventures Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Yash Innoventures Limited?
The Official website of Yash Innoventures Limited is https://www.yashinnoventures.com
What has been the recent revenue trend for Yash Innoventures Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Yash Innoventures Limited has fallen by -97.06%.
What change has been observed in the net worth of Yash Innoventures Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Yash Innoventures Limited has experienced an downturn of -5.67%.
What are the total open charges for Yash Innoventures Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Yash Innoventures Limited amount to ₹ 21.98 Cr.
When was the last Balance Sheet of Yash Innoventures Limited filed with the ROC?
The most recent Balance Sheet for Yash Innoventures Limited was filed with the ROC on 31 Mar 2022.
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