Indi-Red Innovative Solutions Private Limited
About Indi-Red Innovative Solutions Private Limited
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Indi-Red Innovative Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 04 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2016PTC085105.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shariq Wajid and Jothi Basu.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No: 310 4th A Cross 3rd Block Hrbr Layout Kalyan Nagar, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2019, the company reported a revenue of ₹79.85 Lakh, a growth of 129% compared to the previous year. For the same year it recorded a net profit of ₹76,360 (net margin 1%) and EBITDA of ₹5.4 Lakh (EBITDA margin 6.8%).
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressNo: 310 4th A Cross 3rd Block Hrbr Layout Kalyan Nagar, Bangalore, Karnataka, India – 560043
- IndustryBusiness Services, Miscellaneous Business Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Indi-Red Innovative Solutions Private Limited
The main business activity of Indi-Red Innovative Solutions is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of Indi-Red Innovative Solutions Private Limited
Indi-Red Innovative Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shariq Wajid Also directs: Zipyspaces Hospitality Private Limited | Director | 04 Jan 2016 | 10 Years 9 Months | Current |
| Jothi Basu Also directs: Zipyspaces Hospitality Private Limited | Director | 09 Aug 2016 | 10 Years 1 Months | Current |
Financials of Indi-Red Innovative Solutions Private Limited FY 2019 filings available
Indi-Red Innovative Solutions Private Limited reported revenue of ₹79.85 Lakh (up 129% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Indi-Red Innovative Solutions Private Limited
Revenue rose 129% in the latest year. EBITDA rose 341% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Indi-Red Innovative Solutions Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.4 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹76,360 | •••• | •••• | •••• |
| 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 of Indi-Red Innovative Solutions Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.8% | •••• | •••• | •••• |
| Net Profit Margin | 1% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Indi-Red Innovative Solutions are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Charges & Borrowings of Indi-Red Innovative Solutions Private Limited
Indi-Red Innovative Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Indi-Red Innovative Solutions Private Limited
Employment history and EPFO contributions of people linked to Indi-Red Innovative Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Indi-Red Innovative Solutions Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Indi-Red Innovative Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Indi-Red Innovative Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Indi-Red Innovative Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Indi-Red Innovative Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Indi-Red Innovative Solutions Private Limited
Frequently Asked Questions about Indi-Red Innovative Solutions Private Limited
Indi-Red Innovative Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 04 January 2016 (10+ years old) and is registered under CIN U74900KA2016PTC085105.
Indi-Red Innovative Solutions reported revenue of ₹79.85 Lakh for FY 2019 (up 129% YoY).
Indi-Red Innovative Solutions has 2 current directors:
- Shariq Wajid - Director
- Jothi Basu - Director
Indi-Red Innovative Solutions reported a net profit of ₹76,360 (net margin 1%) and EBITDA of ₹5.4 Lakh (EBITDA margin 6.8%) for FY 2019, as per its filed financial statements.
The CIN (Corporate Identification Number) of Indi-Red Innovative Solutions is U74900KA2016PTC085105. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indi-Red Innovative Solutions was incorporated on 04 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The registered office of Indi-Red Innovative Solutions is at No: 310 4th A Cross 3rd Block Hrbr Layout Kalyan Nagar, Bangalore, Karnataka, India – 560043.
Indi-Red Innovative Solutions has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Indi-Red Innovative Solutions operates in the business services industry, in the miscellaneous business activities segment.