Innovate Software Solutions Private Limited Company Logo

Innovate Software Solutions Private Limited - Company Profile

It is a e-commerce private limited company based in Bangalore, Karnataka, India, established in 2001.

2001 | Bangalore, Karnataka, India | Active
Last Updated:

About Innovate Software Solutions Private Limited

Innovate Software Solutions Private Limited, a active private limited company, was established on 12 November 2001 in Bangalore, Karnataka, India. Engaging in online electronics retail within the trade sector, it holds CIN: U72900KA2001PTC029753. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.50 M.

It upholds a compliant status. Its leadership includes Vijayalakshmi Rugmani (Director), Prabhakaran Manjunath (Managing Director). It holds no open charges and ₹4.50 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at # 54 ,2Nd Floor,2Nd Main Road, 1St Block,Koramangala, Bangalore, Karnataka, 560034.

Company Details

  • CIN/LLPIN

    U72900KA2001PTC029753

  • Registration Number

    029753

  • Incorporation Date

    12 November 2001

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.50 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 24 Year, 21 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.50 M
  • Revenue Growth 28.81%
  • Profit Growth 13.30%
  • Ebitda 11.79%
  • Net Worth 33.59%
  • Total Assets 40.97%
Company report

Innovate Software Solutions Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Innovate Software Solutions 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 Innovate Software Solutions Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Vijayalakshmi RugmaniDirector17 Jul 2002Current
Prabhakaran ManjunathManaging Director12 Nov 2001Current

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Financial Performance of Innovate Software Solutions.

Innovate Software Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 28.81% increase. The company also saw a substantial improvement in profitability, with a 13.3% increase in profit. The company's net worth Soared by an impressive increase of 33.59%.

Innovate Software Solutions revenue growth over time
Innovate Software Solutions 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
28.81%
Revenue from Operations
28.73%
Total Assets
40.97%
Profit or Loss
13.30%
Net Worth
33.59%
EBITDA
11.79%

What is the Ownership and Shareholding Structure of Innovate Software Solutions?

In 2022, Innovate Software Solutions had a promoter holding of 58.87% and a public holding of 41.13%. 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

₹0

Satisfied Charges

₹4,500,000.00

Charges Breakdown by Lending Institutions

  • Oriental Bank Of Commerce : 0.45 Cr

Latest Charge Details

DateLenderAmountStatus
06 Sep 2011Oriental Bank Of Commerce₹4.50 MSatisfied

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How Many Employees Work at Innovate Software Solutions?

Unlock and access historical data on people associated with Innovate Software Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Innovate Software Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Innovate Software Solutions, 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 Innovate Software Solutions's trajectory.

Rating

Graph displaying rating trends over time

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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 Innovate Software Solutions

Recent Activity within the Organization

  • Annual General Meeting

    The activity Innovate Software Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Innovate Software Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 06 Sep 2011 via Charge ID 10313553 with Oriental Bank Of Commerce was fully satisfied on 13 Jul 2018. was documented.

  • Charges

    The activity A charge with Oriental Bank Of Commerce amounted to Rs. 4.50 M with Charge ID 10313553 was registered on 06 Sep 2011. was completed.

  • Director Appointment

    The activity Vijayalakshmi Rugmani was appointed as a Director was appointed as a Director on 17 Jul 2002 & has been associated with this company since 23 years 4 months . was completed.

  • Director Appointment

    The activity Prabhakaran Manjunath was appointed as a Managing Director was appointed as a Managing Director on 12 Nov 2001 & has been associated with this company since 24 years 21 days . was completed.

Frequently Asked Questions

  • What is the CIN of Innovate Software Solutions Private Limited?

    The CIN of Innovate Software Solutions Private Limited is U72900KA2001PTC029753.

  • Where is Innovate Software Solutions Private Limited headquartered?

    Innovate Software Solutions Private Limited is headquartered at # 54 ,2Nd Floor,2Nd Main Road, 1St Block,Koramangala, Bangalore, Karnataka, 560034.

  • When was Innovate Software Solutions Private Limited incorporated?

    Innovate Software Solutions Private Limited was incorporated on 12 November 2001.

  • Who are the current directors of Innovate Software Solutions Private Limited?

    The current directors of Innovate Software Solutions Private Limited are

  • What is the primary industry of Innovate Software Solutions Private Limited?

    The primary industry of Innovate Software Solutions Private Limited is Trade.

  • Is Innovate Software Solutions Private Limited a listed company?

    Innovate Software Solutions Private Limited is unlisted.

  • What is the capital structure of Innovate Software Solutions Private Limited?

    The authorized capital of Innovate Software Solutions Private Limited is ₹0.50 M, and the paid-up capital is ₹0.50 M.

  • What is the compliance status of Innovate Software Solutions Private Limited?

    The compliance status of Innovate Software Solutions Private Limited is Compliant.

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