MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0029751
Innovative Crane Solutions Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. Directors, charges & compliance details.
Revenue · FY 2023
₹5.1 Cr
▲ 10% YoY
Net profit · FY 2023
₹23.43 Lakh
Net margin 4.6%
EBITDA · FY 2023
₹58.99 Lakh
EBITDA margin 11.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹1.82 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Innovative Crane Solutions Private Limited
Data last updated:
Innovative Crane Solutions Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 17 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31909GJ2019PTC111466. Its GSTIN is 24AAFCI5066C1ZV (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Kritika Maheshwari and Sandeep Maheshwari.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No. 174 175 200 And201 Vibran Industrial Park, Ahmedabad, Gujarat, India – 382433.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.1 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹23.43 Lakh (net margin 4.6%) and EBITDA of ₹58.99 Lakh (EBITDA margin 11.6%).
As per MCA filings, the company has open charges of ₹1.82 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Innovative Crane Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0029751). For more details, the company can be reached via its website innovativecranes.in.
Company details
CIN U31909GJ2019PTC111466
Registration Number 111466
Incorporation Date 17 December 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0029751
Recognitions & Rankings of Innovative Crane Solutions
Contact details
Innovative Crane Solutions Private Limited's registered office is in Ahmedabad, Gujarat.
- Registered AddressPlot No. 174 175 200 And201 Vibran Industrial Park, Ahmedabad, Gujarat, India – 382433
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
Comprehensive company report
Innovative Crane 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Innovative Crane Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Innovative Crane Solutions Private Limited, buy the company report.
Financials of Innovative Crane Solutions Private Limited
FY 2023 filings availableInnovative Crane Solutions Private Limited reported revenue of ₹5.1 Cr (up 10% YoY) for FY 2023.
Revenue · FY 2023
₹5.1 Cr ▲ 10%
Net profit · FY 2023
₹23.43 Lakh margin 4.6%
EBITDA · FY 2023
₹58.99 Lakh margin 11.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 176%
Revenue rose 10% in the latest year. EBITDA rose 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
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| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹58.99 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹23.43 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 11.6% | |||
| Net Profit Margin | 4.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| 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 Crane Solutions Private Limited, buy the company report.
Board of directors of Innovative Crane Solutions Private Limited
Innovative Crane Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kritika Maheshwari Also directs: Waretech India Solution Private Limited | Director | 17 Dec 2019 | 6 Years 10 Months | Current |
| Sandeep Maheshwari | Director | 17 Dec 2019 | 6 Years 10 Months | Current |
Charges & borrowings
Open charges
₹1.82 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Nov 2020 | 100405325 | Hdfc Bank Limited | ₹17.5 Lakh | Open | |
| 14 Jul 2020 | 100352795 | State Bank of India | ₹1.64 Cr | Open |
To see the full charge records of Innovative Crane Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Innovative Crane Solutions Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by an individual | Pending |
To see the full case history of Innovative Crane Solutions 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 Crane Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innovative Crane Solutions has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCI5066C1ZV | Gujarat | Active | 07 Feb 2020 |
| 08AAFCI5066C1ZP | Rajasthan | Active | 06 Dec 2021 |
To see the full GST registrations and return filing status of Innovative Crane Solutions Private Limited, buy the company report.
Recent activity
Innovative Crane Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Kritika Maheshwari was appointed as Director on 17 Dec 2019.
AGM
Innovative Crane Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Innovative Crane Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Charges
A charge with State Bank Of India of Rs. 164.00 Lakh registered on 14 Jul 2020 with Charge ID 100352795 was modified on 24 Nov 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 17.50 Lakh with Charge ID 100405325 was registered on 17 Nov 2020.
Charges
A charge with State Bank Of India amounted to Rs. 164.00 Lakh with Charge ID 100352795 was registered on 14 Jul 2020.
Appointed
Kritika Maheshwari was appointed as Director.
Appointed
Sandeep Maheshwari was appointed as Director.
Incorporation
17 Dec 2019
Innovative Crane Solutions Private Limited was registered on 17 Dec 2019 with Roc Ahmedabad & aged 6 years 10 months as per MCA records.
Frequently asked questions
Innovative Crane Solutions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 17 December 2019 (7+ years old) and is registered under CIN U31909GJ2019PTC111466.
Innovative Crane Solutions has 2 current directors:
- Kritika Maheshwari - Director
- Sandeep Maheshwari - Director
The latest financial statements of Innovative Crane Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Innovative Crane Solutions is 24AAFCI5066C1ZV, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AAFCI5066C1ZP (Rajasthan).
The CIN (Corporate Identification Number) of Innovative Crane Solutions is U31909GJ2019PTC111466. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Crane Solutions has 1 court case on record: 1 filed against it. 1 is pending.
Innovative Crane Solutions was incorporated on 17 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kritika Maheshwari was appointed as Director on 17 Dec 2019. Sandeep Maheshwari was appointed as Director on 17 Dec 2019.
Yes, Innovative Crane Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0029751).
Innovative Crane Solutions can be reached through the website innovativecranes.in. Its registered office is in Ahmedabad, Gujarat, India.