About Innospacer Engineering
The company has 27 employees. Innospacer Engineering offers products and services including Heavy Duty Pallet Racking System and Cable Trays.
- Employees 27
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Legal Name Innospacer Engineering Technologies Pvt. Ltd
- Date of Incorporation 31 Mar, 2008
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹10.43 Cr
FY 2024 · +71% YoY
- Net Profit₹15.1 Lakh
FY 2024 · 1% margin
- EBITDA₹53.2 Lakh
FY 2024 · 5% margin
- Employee Count27
Associated legal entities of Innospacer Engineering
Innospacer Engineering operates through Innospacer Engineering Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Innospacer Engineering Technologies Private Limited CIN U31409KA2008PTC045832 | Active | 31 Mar 2008 | Bangalore, Karnataka | ₹10.4 Cr | 27 | 2 | View details |
Products & Services of Innospacer Engineering
Innospacer Engineering offers a comprehensive portfolio of products and services, including Heavy Duty Pallet Racking System and Cable Trays.
Heavy duty pallet racking systems are designed for industrial storage and are widely utilized in warehouses.
Cable trays are provided for effective cable management in various industrial applications.
Board of directors of Innospacer Engineering Technologies Private Limited (Innospacer Engineering)
Innospacer Engineering Technologies Private Limited is the primary company behind Innospacer Engineering. The board of Innospacer Engineering Technologies Private Limited currently have 2 directors; the longest-serving is Sumana Bhandary, appointed in 2008. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sumana Bhandary DIN 02022412 | Whole-time director | 31 Mar 2008 | 18 yrs 6 mo | Innospacer Engineering Technologies Private Limited |
| Shrinath Udhyavar Bhandary DIN 02022523 | Managing Director | 31 Mar 2008 | 18 yrs 6 mo | Innospacer Engineering Technologies Private Limited |
Financials of Innospacer Engineering
Figures of Innospacer Engineering Technologies Private Limited, the primary company behind Innospacer Engineering, for FY 2024. Revenue was ₹10.43 Cr (+71% year on year). Net profit was ₹15.1 Lakh (1% margin). EBITDA was ₹53.2 Lakh (5% margin). Revenue has grown at a compounded annual rate of +53% over three years and +15% over five years.
- ₹10.43 CrRevenue · FY 2024 · +71% YoY
- ₹15.1 LakhNet profit · 1% margin
- ₹53.2 LakhEBITDA · 5% margin
- ₹50 LakhPaid-up capital
- 27Employees (provident fund records)
- +53%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Innospacer Engineering Technologies Private Limited are on its company page.
Detailed financial statements for Innospacer Engineering
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Five-year trends
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Similar companies to Innospacer Engineering
10 companies that operate in the same segment as Innospacer Engineering (Parking & Access Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
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Provider of parking guidance systems, LPR cameras, and vehicle detection technologies | 1999 | Reus, Catalonia, Spain | – | – | – | |
Provides plug-and-play industrial land and utilities for chemical businesses in India. | 2022 | Bharuch, Gujarat, India | – | – | 1 | |
Parking, transport, and energy solutions for urban mobility are provided. | – | – | – | – | – | |
IHI Transport Machinery was founded in 1973 in Chuo, Japan. | 1973 | Chuo, Tokyo, Japan | – | – | – | |
Cloud-based software for garage management, invoicing, and inventory tracking. | 2018 | Patan, Gujarat, India | – | – | – | |
Parking automation technology and infrastructure are designed and developed. | 2018 | Fremont, California, United States | USD 7.59 M | – | – | |
Provider of safety barrier systems and cladding packages for various sectors | 1971 | Wolverhampton, United Kingdom | – | – | – | |
Offers sales, installation, and maintenance of parkets and flooring in Croatia. | 2013 | Zagreb, Croatia | – | – | – | |
Operations are managed across multiple industries by the diversified conglomerate. | 1989 | Vienna, Austria | – | – | – | |
Automated parking systems are provided for residential and commercial facilities. | 2015 | Norway | – | – | 13 |
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Frequently Asked Questions about Innospacer Engineering
Innospacer Engineering has 27 employees.
The primary company behind Innospacer Engineering, Innospacer Engineering Technologies Private Limited, reported revenue of ₹10.43 Cr for FY 2024, up 71% year on year.
Innospacer Engineering is recognized for its expertise in providing heavy duty pallet racking systems, shelving systems, and cable trays for industrial use. A quality policy is maintained to achieve total customer delight through the supply of optimally designed products delivered on time. The companys approach involves orientation, information gathering, and collaborative processes with core project teams. Strong industry partnerships and access to latest technologies are utilized to ensure successful solutions. Based in Bangalore, India, integrated storage and racking services are offered as a one-stop-shop for various sectors.
Innospacer Engineering offers Heavy Duty Pallet Racking System and Cable Trays.
Innospacer Engineering operates through Innospacer Engineering Technologies Private Limited.
The legal entities of Innospacer Engineering currently have 2 directors, including Sumana Bhandary, Shrinath Udhyavar Bhandary.