Innoveric Technologies Private Limited
About Innoveric Technologies Private Limited
Data last updated:
Innoveric Technologies Private Limited is a private limited company based in Bengaluru, Karnataka, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the IT services segment of the services sector. It was incorporated on 13 October 2016.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC097094. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Byappa Nanjappa Usha and Subbaiah Narayanappa.
Its last annual general meeting (AGM) was held on 28 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 20 1st Cross Gangamma Temple Road V B Layout Extn K R Puram, Bengaluru, Karnataka, India – 560036.
As per the financials filed for FY 2017, the company reported a revenue of ₹52,739. For the same year it recorded a net loss of ₹3.76 Lakh and EBITDA of -₹2.88 Lakh.
Company details
Contact details
Innoveric Technologies Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address20 1st Cross Gangamma Temple Road V B Layout Extn K R Puram, Bengaluru, Karnataka, India – 560036
- IndustryService, Information Technology Services
To see the full contact details of Innoveric Technologies 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 Innoveric Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Innoveric Technologies Private Limited, buy the company report.
Financials of Innoveric Technologies Private Limited
FY 2017 filings availableInnoveric Technologies Private Limited reported revenue of ₹52,739 for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹52,739 |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹2.88 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹3.76 Lakh |
| 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 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Innoveric Technologies Private Limited, buy the company report.
Board of directors of Innoveric Technologies Private Limited
Innoveric Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Byappa Nanjappa Usha | Director | 13 Oct 2016 | 10 Years 1 Months | As last reported |
| Subbaiah Narayanappa | Director | 13 Oct 2016 | 10 Years 1 Months | As last reported |
Peer comparison
Innoveric Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Digy-Pay Software Technology Private Limited | ₹52,978 (FY 2019) | Bangalore, Karnataka, India | ||||
| Paramart Enterprises Private Limited | ₹52,975 (FY 2023) | Bhopal, Madhya Pradesh, India | ||||
| Siddhar Jeeva Vizhuthugal Research and Charitable Foundation | ₹52,972 (FY 2023) | 9.0% | Kumbakonam, Tamil Nadu, India | |||
| Gratias Ventures Private Limited | ₹52,850 (FY 2025) | -98.0% | Ahmedabad, Gujarat, India | |||
| Cloudoric R&D Private Limited | ₹52,811 (FY 2025) | -99.0% | Aligarh, Uttar Pradesh, India | |||
| Innoveric Technologies Private Limitedthis company | ₹52,739 (FY 2017) | -₹3.76 Lakh | Bengaluru, Karnataka, India | |||
| MGVZ Verification Network Private Limited | ₹52,738 (FY 2018) | -74.0% | Chandigarh, India | |||
| Chaxas Private Limited | ₹52,695 (FY 2025) | 924.0% | Jabalapur, Madhya Pradesh, India | |||
| Cendata Analisolu Tech Private Limited | ₹52,680 (FY 2024) | Coimbatore, Tamil Nadu, India | ||||
| Labjump Services Private Limited | ₹52,640 (FY 2023) | 7767.0% | Pune, Maharashtra, India | |||
| Metaprimate Tech Private Limited | ₹52,608 (FY 2024) | Delhi, India |
To see the full peer comparison of Innoveric Technologies Private Limited, buy the company report.
Auditor
Innoveric Technologies Private Limited is audited by CHARLESL for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHARLESL | FY 2017 | 022518 |
Shareholding
The shareholding of Innoveric Technologies Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Innoveric Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innoveric Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Innoveric Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innoveric Technologies 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 Innoveric Technologies Private Limited, buy the company report.
Recent activity
Innoveric Technologies Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Byappa Nanjappa Usha was appointed as Director on 13 Oct 2016.
Frequently asked questions
Innoveric Technologies is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Innoveric Technologies is a company under liquidation, formerly operating as a private limited company based in Bengaluru, Karnataka, India. The company works in information technology services, within the service industry. It was incorporated on 13 October 2016 and is registered under CIN U74999KA2016PTC097094. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Innoveric Technologies has 2 current directors:
- Byappa Nanjappa Usha - Director
- Subbaiah Narayanappa - Director
The latest financial statements of Innoveric Technologies on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 28 September 2017. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Innoveric Technologies is U74999KA2016PTC097094. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innoveric Technologies was incorporated on 13 October 2016. It is registered with the Registrar of Companies, Bangalore.
The peers of Innoveric Technologies by revenue are Digy-Pay Software Technology Private Limited, Paramart Enterprises Private Limited, Siddhar Jeeva Vizhuthugal Research and Charitable Foundation, Gratias Ventures Private Limited, Cloudoric R&D Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Byappa Nanjappa Usha was appointed as Director on 13 Oct 2016. Subbaiah Narayanappa was appointed as Director on 13 Oct 2016.
The registered office of Innoveric Technologies is at 20 1st Cross Gangamma Temple Road V B Layout Extn K R Puram, Bengaluru, Karnataka, India – 560036.
No. Innoveric Technologies has 1 GST registration on record and it is cancelled or inactive.
Innoveric Technologies operates in the service industry, in the information technology services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
