Innovative Coverage Solutions Private Limited Company Logo

Innovative Coverage Solutions Private Limited - Company Profile

It is a telecom private limited company based in Mumbai, Maharashtra, India, established in 2008.

2008 | Mumbai, Maharashtra, India | Active
Last Updated:

About Innovative Coverage Solutions Private Limited

Innovative Coverage Solutions Private Limited, a active private limited company, was established on 25 September 2008 in Mumbai, Maharashtra, India. Engaging in isp & broadband services within the information and communication sector, it holds CIN: U72200MH2008PTC187078. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹11.50 Cr and a paid-up capital of ₹11.27 Cr.

Formerly known as Microqual Coverage Solutions Private Limited. It upholds a compliant status. Its leadership includes Meeradevi Chaudhary (Director), Balkishan Radhakishan Choudhary (Director). Past directors included Mahesh Balkishan Choudhary, Meeradevi Chaudhary, Kumar Shiralagi. It holds ₹33.66 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at 306, Laxmi Plaza, Laxmi Industrial Estate New Link Road, Andheri (W), Mumbai, Maharashtra, 400053.

Company Details

  • CIN/LLPIN

    U72200MH2008PTC187078

  • Registration Number

    187078

  • Incorporation Date

    25 September 2008

  • Authorized Capital

    ₹11.50 Cr

  • Paid-Up Capital

    ₹11.27 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 11.50 Cr
  • Paid Up Capital ₹ 11.27 Cr
  • Company Age 17 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 33.66 Cr
  • Revenue Growth -16.39%
  • Profit Growth -54.79%
  • Ebitda -43.36%
  • Net Worth 3.05%
  • Total Assets 1.90%
Company report

Innovative Coverage Solutions Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Innovative Coverage 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 Innovative Coverage Solutions Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Meeradevi ChaudharyDirector11 Dec 2019Current
Balkishan Radhakishan ChoudharyDirector03 Oct 2012Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector11 Dec 2019Past
Pramod AbcsddAdditional Director31 Dec 2020Past
Pramod AbcsddDirector27 Mar 2013Past

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Financial Performance of Innovative Coverage Solutions.

Innovative Coverage Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.39% decrease. The company also saw a substantial fall in profitability, with a 54.79% decrease in profit. The company's net worth moved up by a moderate rise of 3.05%.

Innovative Coverage Solutions revenue growth over time
Innovative Coverage 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
-16.39%
Revenue from Operations
-16.39%
Total Assets
1.90%
Profit or Loss
-54.79%
Net Worth
3.05%
EBITDA
-43.36%

What is the Ownership and Shareholding Structure of Innovative Coverage Solutions?

In 2023, Innovative Coverage Solutions 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

₹336,590,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Essential Energy (Operations) India Private Limited : 18.00 Cr
  • Small Industries Development Bank Of India : 15.00 Cr
  • Sidbi : 0.66 Cr

Latest Charge Details

DateLenderAmountStatus
08 Sep 2020Sidbi₹6.59 MOpen
06 Mar 2014Essential Energy (Operations) India Private Limited₹18.00 CrOpen
29 Dec 2012Small Industries Development Bank Of India₹15.00 CrOpen

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How Many Employees Work at Innovative Coverage Solutions?

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

Employee growth trends for Innovative Coverage Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Innovative Coverage 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 Innovative Coverage Solutions's trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Innovative Coverage Solutions

Recent Activity within the Organization

  • Annual General Meeting

    Innovative Coverage Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Innovative Coverage Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai. was completed.

  • Charges

    A charge with Sidbi amounted to Rs. 0.66 Cr with Charge ID 100365782 was registered on 08 Sep 2020. was recorded as a recent event.

  • Director Appointment

    The activity Meeradevi Chaudhary was appointed as a Director was appointed as a Director on 11 Dec 2019 & has been associated with this company since 6 years 10 days . was completed.

  • Director Appointment

    Progress on Pragati Laad was appointed as a Company Secretary was appointed as a Company Secretary on 01 Apr 2019 & has been associated with this company since 6 years 8 months . was documented.

  • Charges

    A charge with Essential Energy (Operations) India Private Limited amounted to Rs. 18.00 Cr with Charge ID 10482297 was registered on 06 Mar 2014. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Innovative Coverage Solutions Private Limited?

    The CIN of Innovative Coverage Solutions Private Limited is U72200MH2008PTC187078.

  • Where is Innovative Coverage Solutions Private Limited headquartered?

    Innovative Coverage Solutions Private Limited is headquartered at 306, Laxmi Plaza, Laxmi Industrial Estate New Link Road, Andheri (W), Mumbai, Maharashtra, 400053.

  • When was Innovative Coverage Solutions Private Limited incorporated?

    Innovative Coverage Solutions Private Limited was incorporated on 25 September 2008.

  • Who are the current directors of Innovative Coverage Solutions Private Limited?

    The current directors of Innovative Coverage Solutions Private Limited are

  • What is the primary industry of Innovative Coverage Solutions Private Limited?

    The primary industry of Innovative Coverage Solutions Private Limited is Information And Communication.

  • Is Innovative Coverage Solutions Private Limited a listed company?

    Innovative Coverage Solutions Private Limited is unlisted.

  • What is the capital structure of Innovative Coverage Solutions Private Limited?

    The authorized capital of Innovative Coverage Solutions Private Limited is ₹11.50 Cr, and the paid-up capital is ₹11.27 Cr.

  • What is the compliance status of Innovative Coverage Solutions Private Limited?

    The compliance status of Innovative Coverage Solutions Private Limited is Compliant.

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