Innovative Tech Solutions & Consultants Private Limited
About Innovative Tech Solutions & Consultants Private Limited
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Innovative Tech Solutions & Consultants Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the computer programming segment of the technology and IT services sector. It was incorporated on 29 November 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2010PTC210412. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.5 Lakh. It was led by directors Vrushal Mahendra Khandke and Harishchandra Dinkar Kambale.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.29 Lakh. For the same year it recorded a net loss of ₹3.59 Lakh (net margin -278.8%) and EBITDA of -₹4.54 Lakh (EBITDA margin -353.1%).
Company details
Contact details
Innovative Tech Solutions & Consultants Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address503 5th Floor Ashok Height Cts. No 166 Village Mogra Old Nagardas Road Andher, I (East), Mumbai, Maharashtra, India – 400069
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Innovative Tech Solutions & Consultants Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Innovative Tech Solutions & Consultants Private Limited
FY 2018 filings availableInnovative Tech Solutions & Consultants Private Limited reported revenue of ₹1.29 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.29 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹4.54 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3.59 Lakh | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -353.1% | ||
| Net Profit Margin | -278.8% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| 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 Tech Solutions & Consultants Private Limited, buy the company report.
Board of directors of Innovative Tech Solutions & Consultants Private Limited
Innovative Tech Solutions & Consultants has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harishchandra Dinkar Kambale | Additional Director | 16 Mar 2019 | 7 Years 7 Months | As last reported |
| Vrushal Mahendra Khandke | Director | 29 Nov 2010 | 15 Years 11 Months | As last reported |
Auditor
Innovative Tech Solutions & Consultants Private Limited is audited by G.P. Agrawal & Company for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.P. Agrawal & Company | FY 2017 | 302082E |
Shareholding
The shareholding of Innovative Tech Solutions & Consultants Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Innovative Tech Solutions & Consultants Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovative Tech Solutions & Consultants Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Innovative Tech Solutions & Consultants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innovative Tech Solutions & Consultants has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Innovative Tech Solutions & Consultants Private Limited, buy the company report.
Recent activity
Innovative Tech Solutions & Consultants Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Amisha Yogesh Songadkar ceased to be Director on 16 Mar 2019.
Frequently asked questions
Innovative Tech Solutions & Consultants has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Innovative Tech Solutions & Consultants was a private limited company based in Mumbai, Maharashtra, India. The company worked in computer programming, within the information technology industry. It was incorporated on 29 November 2010 and is registered under CIN U72900MH2010PTC210412. The company has been struck off by the Registrar of Companies and is no longer operational.
Innovative Tech Solutions & Consultants had 2 directors:
- Harishchandra Dinkar Kambale - Additional Director
- Vrushal Mahendra Khandke - Director
The CIN (Corporate Identification Number) of Innovative Tech Solutions & Consultants is U72900MH2010PTC210412. 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 Tech Solutions & Consultants is at 503 5th Floor Ashok Height Cts. No 166 Village Mogra Old Nagardas Road Andher, I East, Mumbai, Maharashtra, India – 400069.
Innovative Tech Solutions & Consultants was incorporated on 29 November 2010. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Innovative Tech Solutions & Consultants on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Innovative Tech Solutions & Consultants has 1 GST registration on record and it is cancelled or inactive.
Innovative Tech Solutions & Consultants operated in the information technology industry, in the computer programming segment. It worked in this industry before it was struck off.
Amisha Yogesh Songadkar ceased to be Director on 16 Mar 2019. Harishchandra Dinkar Kambale was appointed as Additional Director on 16 Mar 2019. Girdhari Lal Mangal ceased to be Director on 13 Jan 2015. Innovative Tech Solutions & Consultants has 5 board changes on record in total.
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