MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0028128
Inspire & Initiate Technologies Private Limited - consumer electronics & durables in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5,959
▼ 100% YoY
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Employees · EPFO
20
Provident fund records
Directors on board
2
As per MCA filings
Active GSTINs
2
of 7 registered
Last financials
Mar 2024
Balance sheet date
About Inspire & Initiate Technologies Private Limited
Data last updated:
Inspire & Initiate Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 21 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2014PTC093689. Its GSTIN is 36AADCI5363A2ZV (Telangana). The company holds 7 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Laxmi Naidu Vandana and Srinivasa Rao Vandana.
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 Plot No.913 3rd Floor Ayyappa Society Khanamet Madhapur, Hyderabad, Telangana, India – 500081.
The company has about 20 employees on its provident fund (EPFO) records.
The company has 1 deal on record (1 secondary share transfer); the latest was in September 2016.
Inspire & Initiate Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0028128). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ininow.in.
Company details
CIN U72200TG2014PTC093689
Registration Number 093689
Incorporation Date 21 March 2014
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0028128
CIN history
Inspire & Initiate Technologies has one previous CIN (Corporate Identification Number): U72200AP2014PTC093689. The current CIN is U72200TG2014PTC093689, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2014PTC093689 | Current |
| U72200AP2014PTC093689 | Previous |
Recognitions & Rankings of Inspire & Initiate Technologies
Contact details
Inspire & Initiate Technologies Private Limited's registered office is in Hyderabad, Telangana. Its website is ininow.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.913 3rd Floor Ayyappa Society Khanamet Madhapur, Hyderabad, Telangana, India – 500081
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Inspire & Initiate Technologies Private Limited, buy the company report.
Comprehensive company report
Inspire & Initiate 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 activity of Inspire & Initiate Technologies is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
Financials of Inspire & Initiate Technologies Private Limited
FY 2024 filings availableInspire & Initiate Technologies Private Limited reported revenue of ₹5,959 (down 100% YoY) for FY 2024.
Revenue · FY 2024
₹5,959 ▼ 100%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 89%
5 years · compounded
▼ 80%
Revenue has declined at a compounded annual rate (CAGR) of 80% over five years. 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
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Financial Ratios
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To see the full financial statements and ratios of Inspire & Initiate Technologies Private Limited, buy the company report.
Board of directors of Inspire & Initiate Technologies Private Limited
Inspire & Initiate Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxmi Naidu Vandana | Director | 10 Mar 2016 | 10 Years 7 Months | Current |
| Srinivasa Rao Vandana | Director | 21 Mar 2014 | 12 Years 7 Months | Current |
Auditor
Inspire & Initiate Technologies Private Limited is audited by VENNAPUSA & SUNKARA for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VENNAPUSA & SUNKARA | FY 2020 | 012147S |
Shareholding
The shareholding of Inspire & Initiate Technologies Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Inspire & Initiate Technologies Private Limited, buy the company report.
Deals & funding
Inspire & Initiate Technologies Private Limited has 1 deal on record (1 secondary share transfer); the latest was in September 2016.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Inspire & Initiate 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 Inspire & Initiate Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Inspire & Initiate Technologies Private Limited has a workforce of 20 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
20
Active EPFO establishments
1
Employee growth
-4.76%
GST
Inspire & Initiate Technologies has 7 GST registrations: 2 active and 5 cancelled or inactive.
Total GSTINs
7
Active
2
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCI5363A2ZV | Telangana | Active | 01 Jul 2017 |
| 37AADCI5363A2ZT | Andhra Pradesh | Active | 10 Jul 2018 |
To see the full GST registrations and return filing status of Inspire & Initiate Technologies Private Limited, buy the company report.
Recent activity
Inspire & Initiate Technologies Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Sachindra Vuppala ceased to be Director on 18 Jul 2018.
AGM
Inspire & Initiate Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Inspire & Initiate Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Ceased
Sachindra Vuppala ceased to be Director.
Ceased
Laxmi Naidu Vandana ceased to be Additional Director.
Appointed
Laxmi Naidu Vandana was appointed as Director.
Ceased
Nataraj Thatikondaprem ceased to be Director.
Appointed
Srinivasa Rao Vandana was appointed as Director.
Incorporation
21 Mar 2014
Inspire & Initiate Technologies Private Limited was registered on 21 Mar 2014 with Roc Hyderabad & aged 12 years 7 months as per MCA records.
Frequently asked questions
Inspire & Initiate Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 21 March 2014 (12+ years old) and is registered under CIN U72200TG2014PTC093689.
Inspire & Initiate Technologies has 2 current directors:
- Laxmi Naidu Vandana - Director
- Srinivasa Rao Vandana - Director
The latest financial statements of Inspire & Initiate 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 Inspire & Initiate Technologies is 36AADCI5363A2ZV, registered in Telangana. The company has 7 GST registrations in all, of which 2 are active and 5 are cancelled or inactive. Other active GSTINs include 37AADCI5363A2ZT (Andhra Pradesh).
The CIN (Corporate Identification Number) of Inspire & Initiate Technologies is U72200TG2014PTC093689. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inspire & Initiate Technologies was incorporated on 21 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.
Inspire & Initiate Technologies has 1 deal on record (1 secondary share transfer); the latest was in September 2016.
Sachindra Vuppala ceased to be Director on 18 Jul 2018. Laxmi Naidu Vandana ceased to be Additional Director on 29 Sep 2016. Laxmi Naidu Vandana was appointed as Director on 10 Mar 2016. Inspire & Initiate Technologies has 5 board changes on record in total.
Yes, Inspire & Initiate Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0028128).
Inspire & Initiate Technologies can be reached through the website ininow.in. Its registered office is in Hyderabad, Telangana, India.
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