Innovative Textiles Limited Company Logo

Innovative Textiles Limited - Company Profile

It is a manufacturing public limited company based in Delhi, India, established in 1993.

1993 | Delhi, India | Amalgamated
Last Updated:

About Innovative Textiles Limited

Innovative Textiles Limited, a amalgamated public limited company, was established on 17 September 1993 in Delhi, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U74899DL1993PLC055266. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹55.35 Cr and a paid-up capital of ₹54.03 Cr.

Formerly known as Innovative Textiles Private Limited. It upholds a compliant status. Employing 225 professional, Its leadership includes Ramjee Aruna (Director), Vydesh Ramkumar (Managing Director), Deepaksundaram Sundharam (Director). Past directors included Rakesh Bajaj, Ram Parkash Bajaj, Santosh Kumari Bajaj. It holds no open charges and ₹533.14 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 81 Vigyan Vihar India, Delhi, Delhi, 110092.

Company Details

  • CIN/LLPIN

    U74899DL1993PLC055266

  • Registration Number

    055266

  • Incorporation Date

    17 September 1993

  • Authorized Capital

    ₹55.35 Cr

  • Paid-Up Capital

    ₹54.03 Cr

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Indicators

  • Authorised Capital ₹ 55.35 Cr
  • Paid Up Capital ₹ 54.03 Cr
  • Company Age 32 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 533.14 Cr
  • Revenue Growth -10.70%
  • Profit Growth -404.37%
  • Ebitda -126.80%
  • Net Worth -28.99%
  • Total Assets -17.14%
Company report

Innovative Textiles Limited

Company Report FY 2025-2026

Explore comprehensive insights into Innovative Textiles 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 Textiles Limited?

Current Directors

NameDesignationAppointment DateStatus
Ramjee ArunaDirector16 Jun 2023Current
Vydesh RamkumarManaging Director07 Oct 2022Current
Deepaksundaram SundharamDirector29 Sep 2022Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector16 Jun 2014Past
Pramod AbcsddManaging Director29 Sep 2015Past
Pramod AbcsddDirector07 Dec 2006Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddAdditional Director30 Nov 2021Past
Pramod AbcsddDirector25 Dec 2020Past

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Financial Performance of Innovative Textiles.

Innovative Textiles Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.7% decrease. The company also saw a substantial fall in profitability, with a 404.37% decrease in profit. The company's net worth observed a substantial decline by a decrease of 28.99%.

Innovative Textiles revenue growth over time
Innovative Textiles 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
-10.70%
Revenue from Operations
-10.69%
Total Assets
-17.14%
Profit or Loss
-404.37%
Net Worth
-28.99%
EBITDA
-126.80%

What is the Ownership and Shareholding Structure of Innovative Textiles?

In 2023, Innovative Textiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹5,331,355,000.00

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 269.14 Cr
  • Indian Overseas Bank (Lead Bank) : 249.88 Cr
  • State Bank Of India : 14.00 Cr
  • Others : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jun 2022Indian Overseas Bank₹1.20 MSatisfied
25 Nov 2021Indian Overseas Bank₹7.40 CrSatisfied
21 Dec 2020Indian Overseas Bank₹10.52 CrSatisfied
15 Jul 2017Others₹1.16 MSatisfied
02 Jan 2016Indian Overseas Bank₹58.42 CrSatisfied

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How Many Employees Work at Innovative Textiles?

Innovative Textiles has a workforce of 225 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Innovative Textiles Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Innovative Textiles, 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 Textiles's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Innovative Textiles

Recent Activity within the Organization

  • Annual General Meeting

    Innovative Textiles Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Innovative Textiles Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi. was completed.

  • Charges

    A charge registered on 22 Jun 2022 via Charge ID 100608919 with Indian Overseas Bank was fully satisfied on 03 Oct 2023. was recorded as a recent event.

  • Charges

    The activity A charge registered on 25 Nov 2021 via Charge ID 100513218 with Indian Overseas Bank was fully satisfied on 03 Oct 2023. was completed.

  • Charges

    The activity A charge registered on 21 Dec 2020 via Charge ID 100404039 with Indian Overseas Bank was fully satisfied on 03 Oct 2023. was completed.

  • Charges

    Progress on A charge registered on 02 Jan 2016 via Charge ID 10622538 with Indian Overseas Bank (Lead Bank) was fully satisfied on 03 Oct 2023. was documented.

Frequently Asked Questions

  • What is the CIN of Innovative Textiles Limited?

    The CIN of Innovative Textiles Limited is U74899DL1993PLC055266.

  • Where is Innovative Textiles Limited headquartered?

    Innovative Textiles Limited is headquartered at 81 Vigyan Vihar India, Delhi, Delhi, 110092.

  • When was Innovative Textiles Limited incorporated?

    Innovative Textiles Limited was incorporated on 17 September 1993.

  • Who are the current directors of Innovative Textiles Limited?

    The current directors of Innovative Textiles Limited are

  • What is the primary industry of Innovative Textiles Limited?

    The primary industry of Innovative Textiles Limited is Manufacturing.

  • Is Innovative Textiles Limited a listed company?

    Innovative Textiles Limited is unlisted.

  • What is the capital structure of Innovative Textiles Limited?

    The authorized capital of Innovative Textiles Limited is ₹55.35 Cr, and the paid-up capital is ₹54.03 Cr.

  • What is the compliance status of Innovative Textiles Limited?

    The compliance status of Innovative Textiles Limited is Compliant.

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