MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0017540
Innovative Environmental Technologies Private Limited - environment in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.38 Cr
▲ 34% YoY
Net profit · FY 2024
₹28.28 Lakh
Net margin 3.8%
EBITDA · FY 2024
₹56.38 Lakh
EBITDA margin 7.6%
Authorised capital
₹80 Lakh
Registered with MCA
Paid-up capital
₹78.03 Lakh
Issued & subscribed
Open charges
₹70.1 Lakh
Secured borrowings
Company age
27 yrs
Est. 1999
Employees · EPFO
17
Provident fund records
About Innovative Environmental Technologies Private Limited
Data last updated:
Innovative Environmental Technologies Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Hydrocarbon Industries Limited. It operates in the biofuel and biomass energy segment of the environmental services sector. It was incorporated on 08 January 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29197PN1999PTC013230. Its GSTIN is 27AAACI9583M1ZV (Maharashtra).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹78.03 Lakh. It is led by directors including Ayad Khalil Chammas and Ashish Vasant Nawade.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 6th Floor Office No. 601 Galore Tech Sr 22 Bavdhan, Pune, Maharashtra, India – 411021.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.38 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹28.28 Lakh (net margin 3.8%) and EBITDA of ₹56.38 Lakh (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 14% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹70.1 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.28 Cr; the latest was in November 2020.
Innovative Environmental Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0017540). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ietl.in.
Company details
CIN U29197PN1999PTC013230
Registration Number 013230
Incorporation Date 08 January 1999
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Hydrocarbon Industries Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0017540
Recognitions & Rankings of Innovative Environmental Technologies
Contact details
Innovative Environmental Technologies Private Limited's registered office is in Pune, Maharashtra. Its website is ietl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address6th Floor Office No. 601 Galore Tech Sr 22 Bavdhan, Pune, Maharashtra, India – 411021
- IndustryEnvironment, Biofuel & Biomass Energy
To see the full contact details of Innovative Environmental Technologies Private Limited, buy the company report.
Comprehensive company report
Innovative Environmental Technologies 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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Business activity
The main business activities of Innovative Environmental Technologies are professional, scientific and technical and electricity, gas, steam and air condition supply. In detail, this covers other professional, scientific and technical activities and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Innovative Environmental Technologies Private Limited, buy the company report.
Financials of Innovative Environmental Technologies Private Limited
FY 2024 filings availableInnovative Environmental Technologies Private Limited reported revenue of ₹7.38 Cr (up 34% YoY) for FY 2024.
Revenue · FY 2024
₹7.38 Cr ▲ 34%
Net profit · FY 2024
₹28.28 Lakh margin 3.8%
EBITDA · FY 2024
₹56.38 Lakh margin 7.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 43%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 142%
3 years · compounded
▲ 43%
5 years · compounded
▲ 14%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 34% growth in the latest year. EBITDA rose 142% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹56.38 Lakh | ||||
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| Net Profit (PAT) | ₹28.28 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | 3.8% | ||||
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To see the full financial statements and ratios of Innovative Environmental Technologies Private Limited, buy the company report.
Board of directors of Innovative Environmental Technologies Private Limited
Innovative Environmental Technologies has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ayad Khalil Chammas | Director | 29 Sep 2018 | 8 Years 0 Months | Current |
| Ashish Vasant Nawade | Director | 13 Aug 2012 | 14 Years 2 Months | Current |
| Ashish Vinayak Kale | Director | 28 Dec 2013 | 12 Years 10 Months | Current |
Auditor
Innovative Environmental Technologies Private Limited is audited by A. H. JOSHI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. H. JOSHI & CO | FY 2022 | AADFA6011E |
Shareholding
The shareholding of Innovative Environmental Technologies Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Innovative Environmental Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹70.1 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 2024 | 100963422 | Others | ₹50 Lakh | Open | |
| 17 Jan 2023 | 100720035 | Hdfc Bank Limited | ₹20.1 Lakh | Open |
Total charge records: 2 View all charges
Deals & funding
Innovative Environmental Technologies Private Limited has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.28 Cr; the latest was in November 2020.
Total deals
7
Secondary share transfers
4
Funding rounds
3
Disclosed funding
₹4.28 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Feb 2014 | Funding round | ₹36 Lakh | Investors: an individual |
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: Hydrocarbon Industries Limited, an individual Seller: 4 individuals |
| Oct 2012 | Funding round | ₹3.62 Cr | Investors: 2 individuals |
To see the full deal history of Innovative Environmental Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Innovative Environmental Technologies Private Limited has 1 court case on record: 1 filed by Innovative Environmental Technologies. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Commercial suit | Filed by the company against Swaaha Resource Management Pvt Ltd and 1 other | Pending |
To see the full case history of Innovative Environmental Technologies 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 Environmental Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innovative Environmental Technologies Private Limited has a workforce of 17 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
Employee growth
-22.73%
GST
Innovative Environmental Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI9583M1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Innovative Environmental Technologies Private Limited, buy the company report.
Recent activity
Innovative Environmental Technologies Private Limited has 9 board changes on record since 2012: 3 appointments and 6 cessations. The latest: Ayad Khalil Chammas was appointed as Director on 29 Sep 2018.
AGM
Innovative Environmental Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100963422 was registered on 12 Aug 2024.
Filing
Innovative Environmental Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.10 Lakh with Charge ID 100720035 was registered on 17 Jan 2023.
Appointed
Ayad Khalil Chammas was appointed as Director.
Ceased
Ashish Vinayak Kale ceased to be Additional Director.
Ceased
Ayad Khalil Chammas ceased to be Director.
Appointed
Ashish Vinayak Kale was appointed as Director.
Ceased
Arun Madhusudan Chandrachud ceased to be Director.
Ceased
Avneesh Chandan Gadgil ceased to be Director.
Ceased
Suresh Raghunath Aigalikar ceased to be Director.
Ceased
Ashish Vasant Nawade ceased to be Additional Director.
2 earlier events are in the company report.
Frequently asked questions
Innovative Environmental Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in biofuel and biomass energy, within the environment industry. It was incorporated on 08 January 1999 (27+ years old) and is registered under CIN U29197PN1999PTC013230.
Innovative Environmental Technologies has 3 current directors:
- Ayad Khalil Chammas - Director
- Ashish Vasant Nawade - Director
- Ashish Vinayak Kale - Director
The latest financial statements of Innovative Environmental Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Innovative Environmental Technologies is 27AAACI9583M1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Innovative Environmental Technologies is U29197PN1999PTC013230. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Environmental Technologies has 1 court case on record: 1 filed by the company. 1 is pending.
Innovative Environmental Technologies was incorporated on 08 January 1999, making it 27+ years old. It is registered with the Registrar of Companies, Pune.
Innovative Environmental Technologies has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.28 Cr; the latest was in November 2020.
Ayad Khalil Chammas was appointed as Director on 29 Sep 2018. Ashish Vinayak Kale ceased to be Additional Director on 26 Sep 2014. Ayad Khalil Chammas ceased to be Director on 25 Mar 2014. Innovative Environmental Technologies has 9 board changes on record in total.
Yes, Innovative Environmental Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0017540).