About Innovative Infradevelopers Private Limited
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Innovative Infradevelopers Private Limited is a private limited company based in Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 03 April 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1982PTC013427. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹5.71 Cr. It was formerly known as Khanna Properties Private Limited and Innovative Infradevelopers Limited. It is led by directors including Sumit Bansal and Sachin Kumar.
Its last annual general meeting (AGM) was held on 15 July 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at C – 7/85 Ff Sector – 08 Rohini, Delhi, India – 110085.
As per the financials filed for FY 2017, the company reported a revenue of ₹92.23 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹1.73 Cr (net margin -187.2%) and EBITDA of -₹77.35 Lakh (EBITDA margin -83.9%).
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.5 Cr and satisfied charges of ₹69.23 Cr on record. Court records list 24 cases involving the company, including 4 filed by the company and 20 filed against it; 3 cases are 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 iidl.in.
Company details
Name history
Innovative Infradevelopers has undergone 3 name changes throughout its history. The company was previously known as Khanna Properties Private Limited, Innovative Infradevelopers Limited, and Innovative Infradevelopers Limited. The current legal name is Innovative Infradevelopers Private Limited.
| Company Name | Status |
|---|---|
| Innovative Infradevelopers Private Limited | Current |
| Khanna Properties Private Limited | Previous |
| Innovative Infradevelopers Limited | Previous |
| Innovative Infradevelopers Limited | Previous |
CIN history
Innovative Infradevelopers has one previous CIN (Corporate Identification Number): U74899DL1982PLC013427. The current CIN is U74899DL1982PTC013427, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1982PTC013427 | Current |
| U74899DL1982PLC013427 | Previous |
Contact details
Innovative Infradevelopers Private Limited's registered office is in Delhi, Delhi. Its website is iidl.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressC – 7/85 Ff Sector – 08 Rohini, Delhi, India – 110085
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Innovative Infradevelopers 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 Infradevelopers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Innovative Infradevelopers Private Limited, buy the company report.
Financials of Innovative Infradevelopers Private Limited
FY 2017 filings availableInnovative Infradevelopers Private Limited reported revenue of ₹92.23 Lakh (down 76% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 76% in the latest year. EBITDA rose 3% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹92.23 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹77.35 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.73 Cr | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -83.9% | ||
| Net Profit Margin | -187.2% | ||
| 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 Infradevelopers Private Limited, buy the company report.
Board of directors of Innovative Infradevelopers Private Limited
Innovative Infradevelopers has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Bansal | Director | 17 May 2006 | 20 Years 5 Months | Current |
| Rajesh Garg | Additional Director | 14 Jan 2019 | 7 Years 9 Months | Current |
| Rajesh Kumar Jain | Additional Director | 14 Jan 2019 | 7 Years 9 Months | Current |
| Sachin Kumar | Director | 03 Nov 2023 | 2 Years 11 Months | Current |
| Mukesh Chand Also directs: Innovative Buildestates Private Limited | Director | 04 Jun 2021 | 5 Years 4 Months | Current |
Auditor
Innovative Infradevelopers Private Limited is audited by D S R V AND CO LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D S R V AND CO LLP | FY 2017 | 006993N |
Shareholding
The shareholding of Innovative Infradevelopers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Innovative Infradevelopers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2014 | 10540415 | Others | ₹4.5 Cr | Open | |
| 16 Feb 2015 | 10561410 | Tourism Finance Corporation of India Limited | ₹28 Cr | Satisfied | |
| 19 May 2010 | 10225412 | United Bank of India | ₹37.9 Cr | Satisfied | |
| 31 May 2008 | 10105670 | Union Bank of India | ₹3.33 Cr | Satisfied |
To see the full charge records of Innovative Infradevelopers Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Innovative Infradevelopers Private Limited has 24 court cases on record: 4 filed by Innovative Infradevelopers, 20 filed against it. 3 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 2 |
| High courts | 9 | 7 | 1 |
| Supreme Court | 2 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Piramal Capital and Housing Finance Limited | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed against the company | Pending |
| High Court of Punjab and Haryana | Criminal miscellaneous application | Filed against the company by an individual | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed against the company | Disposed |
| Supreme Court | Court case (0504-Land Acquisition & Requisition Matters : Others) | Filed by the company against The State of Haryana Through the Secretary to Government of Haryana Civil Secretariat , District: Haryana at Chandigarh. ,Chandigarh , Chandigarh and 3 others | Disposed |
To see the full case history of Innovative Infradevelopers 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 Infradevelopers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innovative Infradevelopers 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 Infradevelopers Private Limited, buy the company report.
Recent activity
Innovative Infradevelopers Private Limited has 14 board changes on record since 2006: 5 appointments and 9 cessations. The latest: Rajesh Thada ceased to be Director on 10 Nov 2023.
14 earlier events are in the company report.
Frequently asked questions
Innovative Infradevelopers is an active private limited company based in Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 03 April 1982 (44+ years old) and is registered under CIN U74899DL1982PTC013427.
Innovative Infradevelopers has 5 current directors:
- Sumit Bansal - Director
- Rajesh Garg - Additional Director
- Rajesh Kumar Jain - Additional Director
- Sachin Kumar - Director
- Mukesh Chand - Director
The latest financial statements of Innovative Infradevelopers on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 15 July 2017. Year-wise statements from 2015 are in the company report.
No. Innovative Infradevelopers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Innovative Infradevelopers is U74899DL1982PTC013427. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Infradevelopers has 24 court cases on record: 4 filed by the company and 20 filed against it. 3 are pending. Most are in the district courts.
Innovative Infradevelopers was incorporated on 03 April 1982, making it 44+ years old. It is registered with the Registrar of Companies, Delhi.
Rajesh Thada ceased to be Director on 10 Nov 2023. Sachin Kumar was appointed as Director on 03 Nov 2023. Sumit Bansal ceased to be Director on 20 Dec 2021. Innovative Infradevelopers has 14 board changes on record in total.
Innovative Infradevelopers can be reached through the website iidl.in. Its registered office is in Delhi, India.
The registered office of Innovative Infradevelopers is at C – 785 Ff Sector – 08 Rohini, Delhi, India – 110085.