Innovative Carbon Solutions Private Limited

Innovative Carbon Solutions Private Limited - financial services in Pune, Maharashtra, India. Directors, charges & compliance details.
CIN U74140PN2007PTC130925 Incorporated 30 October 2007 ROC Pune HQ Pune, Maharashtra, India
Converted to LLP Private Limited Company financial services
Data last updated
Revenue · FY 2023
₹98.5 Lakh
▼ 11% YoY
Net profit · FY 2023
₹83.14 Lakh
Net margin 84.4%
EBITDA · FY 2023
₹96.81 Lakh
EBITDA margin 98.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.31 Lakh
Issued & subscribed
Satisfied charges
₹1.16 Cr
No open charges
Company age
19 yrs
Est. 2007
Directors on board
3
As per MCA filings

About Innovative Carbon Solutions Private Limited

Data last updated:

Innovative Carbon Solutions Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 30 October 2007.

The company was registered with the Registrar of Companies (ROC), Pune, under CIN U74140PN2007PTC130925. Its GSTIN is 27AABCI7695H1Z4 (Maharashtra).

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.31 Lakh. It was formerly known as Innovative Carbon Solutions Limited. It was led by directors including Kalika Deepak Asher and Archana Deepak Asher.

Its last annual general meeting (AGM) was held on 25 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Chandan 996 Navi Peth Abhinav Apartments, Pune, Maharashtra, India – 411030.

As per the financials filed for FY 2023, the company reported a revenue of ₹98.5 Lakh, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹83.14 Lakh (net margin 84.4%) and EBITDA of ₹96.81 Lakh (EBITDA margin 98.3%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 25% over five years.

As per MCA filings, the company has satisfied charges of ₹1.16 Cr on record.

Company details

CIN U74140PN2007PTC130925
Registration Number 130925
Incorporation Date 30 October 2007
ROC Pune
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 25 July 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

CIN history

Innovative Carbon Solutions has one previous CIN (Corporate Identification Number): U74140PN2007PLC130925. The current CIN is U74140PN2007PTC130925, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74140PN2007PTC130925Current
U74140PN2007PLC130925Previous

Contact details

Innovative Carbon Solutions Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Chandan 996 Navi Peth Abhinav Apartments, Pune, Maharashtra, India – 411030
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Innovative Carbon Solutions Private Limited, buy the company report.

Comprehensive company report
Innovative Carbon Solutions Private Limited - one report that includes everything
  • 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
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Financials of Innovative Carbon Solutions Private Limited

FY 2024 filings available

Innovative Carbon Solutions Private Limited reported revenue of ₹98.5 Lakh (down 11% YoY) for FY 2023.

Revenue · FY 2023
₹98.5 Lakh ▼ 11%
Net profit · FY 2023
₹83.14 Lakh margin 84.4%
EBITDA · FY 2023
₹96.81 Lakh margin 98.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▼ 34%
5 years · compounded
▼ 25%
EBITDA CAGR growth
1 year
▼ 11%
3 years · compounded
▼ 31%
5 years · compounded
▼ 26%

Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 11% fall in the latest year. EBITDA fell 11% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹96.81 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹83.14 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin98.3%
Net Profit Margin84.4%
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 Carbon Solutions Private Limited, buy the company report.

Board of directors of Innovative Carbon Solutions Private Limited

Innovative Carbon Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Kalika Deepak AsherDirector30 Oct 200719 Years 0 MonthsAs last reported
Archana Deepak AsherDirector30 Oct 200719 Years 0 MonthsAs last reported
Amit Deepak AsherDirector07 Jul 200917 Years 3 MonthsAs last reported

Auditor

Innovative Carbon Solutions Private Limited is audited by PATANKAR & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
PATANKAR & ASSOCIATESFY 2021107628W

Shareholding

The shareholding of Innovative Carbon Solutions Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Innovative Carbon Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹1.16 Cr
Breakdown by lending institutions
Kotak Mahindra Prime Limited₹1.16 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Feb 201510559717Kotak Mahindra Prime Limited₹1.16 CrSatisfied

To see the full charge records of Innovative Carbon Solutions Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Innovative Carbon Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Innovative Carbon Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AABCI7695H1Z4MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Innovative Carbon Solutions Private Limited, buy the company report.

Recent activity

Innovative Carbon Solutions Private Limited has 5 board changes on record since 2007: 4 appointments and 1 cessation. The latest: Amit Deepak Asher was appointed as Director on 07 Jul 2009.

Charges
A charge registered on 28 Feb 2015 via Charge ID 10559717 with Kotak Mahindra Prime Limited was fully satisfied on 28 Nov 2024.
AGM
Innovative Carbon Solutions Private Limited last Annual general meeting of members was held on 25 Jul 2024 as per latest MCA records.
Filing
Innovative Carbon Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Kotak Mahindra Prime Limited amounted to Rs. 116.00 Lakh with Charge ID 10559717 was registered on 28 Feb 2015.
Appointed
Amit Deepak Asher was appointed as Director.
Ceased
Kamalini Kamlakar Dixit ceased to be Director.
Appointed
Archana Deepak Asher was appointed as Director.
Appointed
Kalika Deepak Asher was appointed as Director.
Appointed
Kamalini Kamlakar Dixit was appointed as Director.
Incorporation
30 Oct 2007
Innovative Carbon Solutions Private Limited was registered on 30 Oct 2007 with Roc Pune & aged 19 years 1 day as per MCA records.

Frequently asked questions

Innovative Carbon Solutions has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Innovative Carbon Solutions was a private limited company based in Pune, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 30 October 2007 and is registered under CIN U74140PN2007PTC130925. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Innovative Carbon Solutions is U74140PN2007PTC130925. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Innovative Carbon Solutions had 3 directors:

Innovative Carbon Solutions was incorporated on 30 October 2007. It is registered with the Registrar of Companies, Pune.

The registered office of Innovative Carbon Solutions is at Chandan 996 Navi Peth Abhinav Apartments, Pune, Maharashtra, India – 411030.

The latest financial statements of Innovative Carbon Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 July 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Innovative Carbon Solutions is 27AABCI7695H1Z4, registered in Maharashtra.

Innovative Carbon Solutions operated in the financial services industry, in the diversified financial services segment.

Amit Deepak Asher was appointed as Director on 07 Jul 2009. Kamalini Kamlakar Dixit ceased to be Director on 07 Jul 2009. Archana Deepak Asher was appointed as Director on 30 Oct 2007. Innovative Carbon Solutions has 5 board changes on record in total.