About Innovative Construventures Private Limited
Data last updated:
Innovative Construventures Private Limited is a private limited company based in Kalyan, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 25 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2014PTC253595. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Amrut Keshav Padvale and Nandkumar Patil Malku.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Kalyan, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹20.46 Cr, a growth of 71% compared to the previous year. For the same year it recorded a net profit of ₹29.76 Lakh (net margin 1.5%) and EBITDA of ₹1.67 Cr (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹28 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website innovativebuildcon.com.
Company details
Contact details
Innovative Construventures Private Limited's registered office is in Kalyan, Maharashtra. Its website is innovativebuildcon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address106 1st Floor Spring Avenue S.No.61 Hissa No.61/P Club Road Khadakpada Ka, Lyan (W), Kalyan, Maharashtra, India – 421301
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Innovative Construventures Private Limited, buy the company report.
- 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
Business activity
The main business activity of Innovative Construventures is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Innovative Construventures Private Limited, buy the company report.
Financials of Innovative Construventures Private Limited
FY 2018 filings availableInnovative Construventures Private Limited reported revenue of ₹20.46 Cr (up 71% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over three years, including 71% growth in the latest year. EBITDA rose 21% 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹20.46 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.67 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹29.76 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 8.2% | |||
| Net Profit Margin | 1.5% | |||
| 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 Construventures Private Limited, buy the company report.
Board of directors of Innovative Construventures Private Limited
Innovative Construventures has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amrut Keshav Padvale Also directs: Instyle Lifespace Private Limited | Additional Director | 28 Dec 2018 | 7 Years 10 Months | Current |
| Nandkumar Patil Malku Also directs: Vishva Tourism & Hospitality LLP, Innovative Buildspace LLP, Brainer Infra LLP and 1 more | Additional Director | 01 Mar 2023 | 3 Years 8 Months | Current |
| Balasaheb Kashinath Shinde Also directs: Vishva Tourism & Hospitality LLP, Activo Ventures LLP | Additional Director | 01 Mar 2023 | 3 Years 8 Months | Current |
Auditor
Innovative Construventures Private Limited is audited by Nishant R Patil & Co. for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nishant R Patil & Co. | FY 2018 | 150894 |
Shareholding
The shareholding of Innovative Construventures Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Innovative Construventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Aug 2019 | 100286391 | Others | ₹5 Cr | Open | |
| 23 Nov 2016 | 100066899 | State Bank of India | ₹15 Cr | Open | |
| 30 Apr 2016 | 100030466 | Others | ₹5 Cr | Open | |
| 15 Jan 2015 | 10547405 | Janakalyan Sahakari Bank Limited | ₹3 Cr | Open |
Total charge records: 4 View all charges
Legal cases
Innovative Construventures Private Limited has 3 court cases on record: 2 filed by Innovative Construventures, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 2 | 0 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against Brainer Trade and Fin-Tech Private Ltd and 2 others | Disposed |
| District court, Pune, Maharashtra | Commercial suit | Filed against the company by Pradnya Niketan Education Society Through Its Secretary Vilas Balaram Patil | Pending |
To see the full case history of Innovative Construventures Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Innovative Construventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innovative Construventures Private Limited has a workforce of 14 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Innovative Construventures has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Innovative Construventures Private Limited, buy the company report.
Recent activity
Innovative Construventures Private Limited has 10 board changes on record since 2015: 3 appointments and 7 cessations. The latest: Dhananjay Prataprao Patil ceased to be Director on 24 Dec 2023.
5 earlier events are in the company report.
Frequently asked questions
Innovative Construventures is an active private limited company based in Kalyan, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 25 February 2014 (12+ years old) and is registered under CIN U45400MH2014PTC253595.
Innovative Construventures has 3 current directors:
- Amrut Keshav Padvale - Additional Director
- Nandkumar Patil Malku - Additional Director
- Balasaheb Kashinath Shinde - Additional Director
The latest financial statements of Innovative Construventures on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
No. Innovative Construventures has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Innovative Construventures is U45400MH2014PTC253595. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Construventures has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the nclat.
Innovative Construventures was incorporated on 25 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Dhananjay Prataprao Patil ceased to be Director on 24 Dec 2023. Vitthal Tukaram Mane ceased to be Director on 24 Dec 2023. Balasaheb Kashinath Shinde was appointed as Additional Director on 01 Mar 2023. Innovative Construventures has 10 board changes on record in total.
Innovative Construventures can be reached through the website innovativebuildcon.com. Its registered office is in Kalyan, Maharashtra, India.
The registered office of Innovative Construventures is at 106 1st Floor Spring Avenue S.No.61 Hissa No.61P Club Road Khadakpada Ka, Lyan W, Kalyan, Maharashtra, India – 421301.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
