Innovative Ventures Private Limited
About Innovative Ventures Private Limited
Data last updated:
Innovative Ventures Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 January 2002.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2002PTC029960. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.08 Cr. It was led by directors Piyush Lodha and Prem Prakash Lodha.
Its last annual general meeting (AGM) was held on 27 September 2008, and its latest financial statements are for the year ended 31 March 2008. The registered office was at No. 95 Tubugunte Village Doddaballapur Taluk, Bangalore, Karnataka, India – 561203.
As per MCA filings, the company had satisfied charges of ₹10.62 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
Company details
Contact details
Innovative Ventures Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo. 95 Tubugunte Village Doddaballapur Taluk, Bangalore, Karnataka, India – 561203
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Financials of Innovative Ventures Private Limited
FY 2008 filings availableFinancial Statement Summary
| Metrics | FY 2007-08 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2007-08 |
|---|---|
| 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 Innovative Ventures Private Limited, buy the company report.
Board of directors of Innovative Ventures Private Limited
Innovative Ventures has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Lodha | Director | 02 Jan 2002 | 24 Years 10 Months | As last reported |
| Prem Prakash Lodha Also directs: Positive Trexim Pvt Ltd | Director | 15 Jan 2005 | 21 Years 9 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jul 2007 | 10062534 | Union Bank of India | ₹10.62 Cr | Satisfied |
To see the full charge records of Innovative Ventures Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Innovative Ventures Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 2 | 2 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by M S Simech Engineers Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M S Simtech Engineers Pvt Ltd. | Disposed |
| High Court of Karnataka | Appeal | Filed against the company | Pending |
| High Court of Karnataka | Court case (CRL.P) | Filed against the company | Disposed |
| District court, BENGALURU, Karnataka | Court case (SPL.C) | Filed against the company | Disposed |
To see the full case history of Innovative Ventures 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 Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innovative Ventures 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 Ventures Private Limited, buy the company report.
Recent activity
Innovative Ventures Private Limited has 3 board changes on record since 2002: 2 appointments and 1 cessation. The latest: Mukesh Sharan Gupta ceased to be Additional Director on 20 Feb 2009.
Frequently asked questions
Innovative Ventures has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Innovative Ventures was a private limited company based in Bangalore, Karnataka, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 02 January 2002 and is registered under CIN U72900KA2002PTC029960. The company has been struck off by the Registrar of Companies and is no longer operational.
Innovative Ventures had 2 directors:
- Piyush Lodha - Director
- Prem Prakash Lodha - Director
The CIN (Corporate Identification Number) of Innovative Ventures is U72900KA2002PTC029960. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Innovative Ventures is at No. 95 Tubugunte Village Doddaballapur Taluk, Bangalore, Karnataka, India – 561203.
Innovative Ventures was incorporated on 02 January 2002. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Innovative Ventures on record with the MCA are for the year ended 31 March 2008. Its last annual general meeting was held on 27 September 2008. Year-wise statements from 2015 are in the company report.
No. Innovative Ventures has 1 GST registration on record and it is cancelled or inactive.
Innovative Ventures operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.
Innovative Ventures has 5 court cases on record: 5 filed against it. 1 is pending. Most are in the district courts.
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.
