Innovative Ideals and Services (India) Limited
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Innovative Ideals and Services Limited is involved in providing services of System Integration for security, safety and building automation besides installation of varied electronics systems. It has provided services to more than 21,800 apartments in more than 15 Years of service span.
Date of Establishment: The company was initially incorporated as ‘Innovative Ideals and Services (India) Private Limited’ at Mumbai on 06th December 2000. Thereafter the company was converted to public limited company reframed as ‘Innovative Ideals and Services (India) Limited’ on the 21st of September 2017.
Promoters of Innovative Ideals and Services Limited: Mr Maqsood Shaikh and Mr Tazyeen Shaikh are the promoters of Innovative Ideals and Services Limited.
Products and Services Offering: The company has a varied range of products that caters both B2B and B2C model that consists of:
- Video Door Phone
- Home Automation Systems
- Intrusion Alarm System
- CCTV Systems
- Access Controls
- Fire Alarm
- Savior
- ArmHer
Customer Segments: The company offers products and services across domestic as well as foreign markets. The clientele list includes Aptestha Trading, Trio Mercantile & Trading Limited, Vimkan Enterprises Private Limited, Sinner Energy India Limited and Bevel Designs among others.
Objectives of the Innovative Ideals and Services Limited IPO: The core objects of this issue are:
- Funding Capital requirements.
- General Corporate Expenses.
Company Financials:
Summary of Financial Information (Restated) | |||||
Particulars | For the year/period ended (in Rs. Lakhs) | ||||
3 -Mar-18 | 3 -Mar-17 | 3 -Mar-16 | 3 -Mar-15 | 3 -Mar-14 | |
Total Assets | 3,479.82 | 2,287.04 | 2,081.86 | 2,355.01 | 4,774.17 |
Total Revenue | 2,031.84 | 1,074.57 | 1,217.81 | 1,245.07 | 1,281.61 |
Profit After Tax | 308.79 | 96.76 | 1.36 | 15.56 | 50.26 |