Innovative Insurance Services Limited

Innovative Insurance Services Limited - financial services in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U65990MH1994PLC082859 Incorporated 11 November 1994 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Public Limited Company financial services
Authorised capital
₹550 Cr
Registered with MCA
Paid-up capital
₹543.15 Cr
Issued & subscribed
Company age
32 yrs
Est. 1994
Directors on board
3
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2016
Balance sheet date
Last AGM
26 Sep 2016
Annual general meeting
Company status
Amalgamated
MCA master data

About Innovative Insurance Services Limited

Data last updated:

Innovative Insurance Services Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Edico Ventures Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial brokerage segment of the financial services sector. It was incorporated on 11 November 1994.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1994PLC082859. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹550 Cr and a paid-up capital of ₹543.15 Cr. It was led by directors including Pushkar Singh Kataria and Yogesh Vijay Deshpande.

Its last annual general meeting (AGM) was held on 26 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Manek Mahal 6th Floor 90 Veer Nariman Road Mumbai, Maharashtra, India – 400020.

Company details

CIN U65990MH1994PLC082859
Registration Number 082859
Incorporation Date 11 November 1994
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Parent Company Edico Ventures Private Limited
Compliance Status Active Non-Compliant

CIN history

Innovative Insurance Services has one previous CIN (Corporate Identification Number): U65990MH1994PTC082859. The current CIN is U65990MH1994PLC082859, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U65990MH1994PLC082859Current
U65990MH1994PTC082859Previous

Contact details

Innovative Insurance Services Limited's registered office is in Mumbai, Maharashtra.

  • Registered Address
    Manek Mahal 6th Floor 90 Veer Nariman Road Mumbai, Maharashtra, India – 400020
  • Industry
    Financial Services, Financial Brokerage, Advisory, Consultancy
Comprehensive company report
Innovative Insurance Services Limited - one report that includes everything
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  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Innovative Insurance Services Limited

FY 2016 filings available

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
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Profit Before Tax
Tax Expense
Net Profit (PAT)
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
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Quick Ratio
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Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Innovative Insurance Services Limited, buy the company report.

Board of directors of Innovative Insurance Services Limited

Innovative Insurance Services has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Pushkar Singh KatariaDirector02 Jan 201412 Years 10 MonthsAs last reported
Yogesh Vijay DeshpandeDirector01 Sep 201511 Years 2 MonthsAs last reported
Monish Bahubali ShethDirector01 Sep 201511 Years 2 MonthsAs last reported

MSME payment delays

No delayed payments to MSME suppliers are on our record for Innovative Insurance Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Innovative Insurance Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Innovative Insurance Services Limited, buy the company report.

Recent activity

Innovative Insurance Services Limited has 14 board changes on record since 2009: 3 appointments and 11 cessations. The latest: Monish Bahubali Sheth ceased to be Additional Director on 29 Sep 2015.

AGM
Innovative Insurance Services Limited last Annual general meeting of members was held on 26 Sep 2016 as per latest MCA records.
Filing
Innovative Insurance Services Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai.
Ceased
Monish Bahubali Sheth ceased to be Additional Director.
Ceased
Yogesh Vijay Deshpande ceased to be Additional Director.
Ceased
Latha Krishnan ceased to be Director.
Appointed
Monish Bahubali Sheth was appointed as Director.
Ceased
Vipul Sevantilal Shah ceased to be Director.
Appointed
Yogesh Vijay Deshpande was appointed as Director.
Ceased
Pushkar Singh Kataria ceased to be Additional Director.
Ceased
Achuthan Kothandath ceased to be Director.
Appointed
Pushkar Singh Kataria was appointed as Director.
Ceased
Nilesh Ramanlal Doshi ceased to be Additional Director.

5 earlier events are in the company report.

Frequently asked questions

Innovative Insurance Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Innovative Insurance Services was a public limited company based in Mumbai, Maharashtra, India. The company worked in financial brokerage, within the financial services industry. It was incorporated on 11 November 1994 and is registered under CIN U65990MH1994PLC082859. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Innovative Insurance Services was incorporated on 11 November 1994. It is registered with the Registrar of Companies, Mumbai.

Innovative Insurance Services had 3 directors:

The CIN (Corporate Identification Number) of Innovative Insurance Services is U65990MH1994PLC082859. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Innovative Insurance Services is at Manek Mahal 6th Floor 90 Veer Nariman Road Mumbai, Maharashtra, India – 400020.

The latest financial statements of Innovative Insurance Services on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 26 September 2016. Year-wise statements from 2015 are in the company report.

No. Innovative Insurance Services has 1 GST registration on record and it is cancelled or inactive.

Innovative Insurance Services operated in the financial services industry, in the financial brokerage segment.

Monish Bahubali Sheth ceased to be Additional Director on 29 Sep 2015. Yogesh Vijay Deshpande ceased to be Additional Director on 29 Sep 2015. Latha Krishnan ceased to be Director on 01 Sep 2015. Innovative Insurance Services has 14 board changes on record in total.