Innovac Air Systems Private Limited Company Logo

Innovac Air Systems Private Limited - Company Profile

It is a machinery and equipment private limited company based in Chennai, Tamil Nadu, India, established in 2015.

2015 | Chennai, Tamil Nadu, India | Active
Last Updated:

About Innovac Air Systems Private Limited

Innovac Air Systems Private Limited, a active private limited company, was established on 29 April 2015 in Chennai, Tamil Nadu, India. Engaging in industrial compressors & pneumatic systems within the construction sector, it holds CIN: U29210TN2015PTC100295. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Employing 39 professional, Its leadership includes Kumaran Latha (Director), Mohan Balaji Parimala (Director), Panchatcharam Balaji Revathi (Director). Past directors included Sundaramurthy Thirumaran, Karnam Kesavulu. It holds ₹3.30 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Rk Bhavan, 1St Floor, Plot No: 82-B Sivanthi Avenue, 1St Main Road, Nerkundr, Am, Chennai, Tamil Nadu, 600107.

Company Details

  • CIN/LLPIN

    U29210TN2015PTC100295

  • Registration Number

    100295

  • Incorporation Date

    29 April 2015

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.30 Cr
  • Revenue Growth 29.37%
  • Profit Growth 8.24%
  • Ebitda 38.67%
  • Net Worth 24.16%
  • Total Assets 101.59%
Company report

Innovac Air Systems Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Innovac Air Systems Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Innovac Air Systems Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Kumaran LathaDirector15 Nov 2017Current
Mohan Balaji ParimalaDirector29 Apr 2015Current
Panchatcharam Balaji RevathiDirector15 Nov 2017Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector31 Oct 2020Past
Pramod AbcsddDirector16 Oct 2018Past

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Financial Performance of Innovac Air Systems.

Innovac Air Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.37% increase. The company also saw a slight improvement in profitability, with a 8.24% increase in profit. The company's net worth Soared by an impressive increase of 24.16%.

Innovac Air Systems revenue growth over time
Innovac Air Systems profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
29.37%
Revenue from Operations
29.32%
Total Assets
101.59%
Profit or Loss
8.24%
Net Worth
24.16%
EBITDA
38.67%

What is the Ownership and Shareholding Structure of Innovac Air Systems?

In 2023, Innovac Air Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹32,950,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 3.30 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jun 2021Axis Bank Limited₹0.45 MOpen
10 Oct 2019Axis Bank Limited₹2.50 MOpen
08 Aug 2017Axis Bank Limited₹3.00 CrOpen

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How Many Employees Work at Innovac Air Systems?

Innovac Air Systems has a workforce of 39 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Innovac Air Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Innovac Air Systems, 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 Innovac Air Systems's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Innovac Air Systems

Recent Activity within the Organization

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 30.00 M registered on 08 Aug 2017 with Charge ID 100118657 was modified on 31 May 2025. was documented.

  • Annual General Meeting

    Innovac Air Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Innovac Air Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was completed.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 0.45 M with Charge ID 100456949 was registered on 29 Jun 2021. was documented.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.50 M with Charge ID 100294962 was registered on 10 Oct 2019. was recorded as a recent event.

  • Director Appointment

    Progress on Kumaran Latha was appointed as a Director was appointed as a Director on 15 Nov 2017 & has been associated with this company since 8 years 1 month . was documented.

Frequently Asked Questions

  • What is the CIN of Innovac Air Systems Private Limited?

    The CIN of Innovac Air Systems Private Limited is U29210TN2015PTC100295.

  • Where is Innovac Air Systems Private Limited headquartered?

    Innovac Air Systems Private Limited is headquartered at Rk Bhavan, 1St Floor, Plot No: 82-B Sivanthi Avenue, 1St Main Road, Nerkundr, Am, Chennai, Tamil Nadu, 600107.

  • When was Innovac Air Systems Private Limited incorporated?

    Innovac Air Systems Private Limited was incorporated on 29 April 2015.

  • Who are the current directors of Innovac Air Systems Private Limited?

    The current directors of Innovac Air Systems Private Limited are

  • What is the primary industry of Innovac Air Systems Private Limited?

    The primary industry of Innovac Air Systems Private Limited is Construction.

  • Is Innovac Air Systems Private Limited a listed company?

    Innovac Air Systems Private Limited is unlisted.

  • What is the capital structure of Innovac Air Systems Private Limited?

    The authorized capital of Innovac Air Systems Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

  • What is the compliance status of Innovac Air Systems Private Limited?

    The compliance status of Innovac Air Systems Private Limited is Compliant.

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