Innovators Electric Solutions Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Pune, Maharashtra, India, established in 2020.
2020 Pune, Maharashtra, India Active
Last Updated:
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About Innovators Electric Solutions Private Limited

Innovators Electric Solutions Private Limited, a active private limited company, was established on 12 February 2020 in Pune, Maharashtra, India. Engaging in electronic appliances retail & distribution within the trade sector, it holds CIN: U51505PN2020PTC189815. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.50 Cr.

Its leadership includes Mukund Narayan Paranjpe (Whole-Time Director), Tejas Shriharsha Phatak (Whole-Time Director), Deepa Shriharsha Phatak (Whole-Time Director). Past directors included Mukund Narayan Paranjpe, Tejas Shriharsha Phatak, Deepa Shriharsha Phatak. It holds ₹4.75 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Off No. 9, Archway Homes, P No 22-24, Mahaganesh Col, Paud Road, Kothrud,, Pune, Maharashtra, 411029.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U51505PN2020PTC189815

  • Registration Number

    189815

  • Incorporation Date

    12 February 2020

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹1.50 Cr

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 6 Year, 4 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.75 Cr
  • Revenue Growth **** 98.91%
  • Profit Growth **** 148.29%
  • Ebitda **** 94.66%
  • Net Worth 60.84%
  • Total Assets **** 37.97%
Company report

Innovators Electric Solutions Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Innovators Electric 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 Innovators Electric Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Mukund Narayan Paranjpe Whole-Time Director 12 Feb 2020 Current
Tejas Shriharsha Phatak Whole-Time Director 12 Feb 2020 Current
Deepa Shriharsha Phatak Whole-Time Director 12 Feb 2020 Current
Shriharsha Madhukar Phatak Whole-Time Director 12 Feb 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 26 Dec 2022 Past
Pramod Abcsdd Director 26 Dec 2022 Past
Pramod Abcsdd Director 26 Dec 2022 Past
Pramod Abcsdd Director 26 Dec 2022 Past

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Financial Performance of Innovators Electric Solutions.

Innovators Electric Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 98.91% increase. The company also saw a substantial improvement in profitability, with a 148.29% increase in profit. The company's net worth Soared by an impressive increase of 60.84%.

Innovators Electric Solutions revenue growth over time
Innovators Electric Solutions profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 98.91%
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Revenue from Operations
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 98.78%
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Total Assets
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 37.97%
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Profit or Loss
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 148.29%
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Net Worth
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 60.84%
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EBITDA
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 94.66%
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*******
*******
*******

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What is the Ownership and Shareholding Structure of Innovators Electric Solutions?

In 2023, Innovators Electric 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.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹47,510,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 4.75 Cr
Latest Charge Details
Date Lender Amount Status
08 Dec 2023 Others ₹1.52 M Open
17 Aug 2022 Others ₹4.60 Cr Open

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How Many Employees Work at Innovators Electric Solutions?

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

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Innovators Electric 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 Innovators Electric 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 Innovators Electric Solutions
Recent Activity within the Organization
  • Annual General Meeting

    The activity Innovators Electric Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Innovators Electric Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune. was completed.

  • Charges

    A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100888505 was registered on 08 Dec 2023. was recorded as a recent event.

  • Charges

    Progress on A charge with Others of Rs. 4.60 Cr registered on 17 Aug 2022 with Charge ID 100609537 was modified on 28 Sep 2023. was documented.

  • Charges

    A charge with Others amounted to Rs. 4.60 Cr with Charge ID 100609537 was registered on 17 Aug 2022. was recorded as a recent event.

  • Director Appointment

    Mukund Narayan Paranjpe was appointed as a Whole-time director was appointed as a Whole-time director on 12 Feb 2020 & has been associated with this company since 6 years 4 days . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Innovators Electric Solutions Private Limited?

The CIN of Innovators Electric Solutions Private Limited is U51505PN2020PTC189815.

Where is Innovators Electric Solutions Private Limited headquartered?

Innovators Electric Solutions Private Limited is headquartered at Off No. 9, Archway Homes, P No 22-24, Mahaganesh Col, Paud Road, Kothrud,, Pune, Maharashtra, 411029.

When was Innovators Electric Solutions Private Limited incorporated?

Innovators Electric Solutions Private Limited was incorporated on 12 February 2020.

Who are the current directors of Innovators Electric Solutions Private Limited?

The current directors of Innovators Electric Solutions Private Limited are

What is the primary industry of Innovators Electric Solutions Private Limited?

The primary industry of Innovators Electric Solutions Private Limited is Trade.

Is Innovators Electric Solutions Private Limited a listed company?

Innovators Electric Solutions Private Limited is unlisted.

What is the capital structure of Innovators Electric Solutions Private Limited?

The authorized capital of Innovators Electric Solutions Private Limited is ₹1.50 Cr, and the paid-up capital is ₹1.50 Cr.

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