INNOVATIVE IDEALS AND SER Share price

The Company was originally incorporated as “Innovative Ideals and Services (India) Private Limited” at Mumbai Maharashtra as a Private Limited Company under the provisions of Companies Act 1956 vide Certificate of Incorporation dated December 06 2000 bearing Corporate Identification Number U64201MH2000PTC129901 issued by the Registrar of Companies Maharashtra Mumbai. Subsequently the Company was converted into a Public Limited Company pursuant to Special Resolution passed by the members in Extra-Ordinary General Meeting held on August 30 2017 and the name of the Company was changed to “Innovative Ideals and Services (India) Limited” vide a Fresh Certificate of Incorporation dated September 21 2017 issued by the Registrar of Companies Maharashtra Mumbai. The Corporate Identification number of the Company is U64201MH2000PLC129901.Subsequently the Company has acquired the ongoing sole proprietorship business of “M/s. Innovative Solutions” i.e. Sole Proprietorship Concern of one of the Promoters Maqsood Shaikh vide Business Acquisition Agreement dated September 23 2017 and ongoing sole proprietorship business of “M/s. Concept N Designs” i.e. Sole Proprietorship Concern of one of the promoters Tazyeen Shaikh vide Business Acquisition Agreement dated September 29 2017. Consequently the ongoing Businesses of these proprietorship concerns were merged into “Innovative Ideals and Services (India) Limited”.'Dabir Shaikh Maqsood Shaikh and Tazyeen Shaikh were the initial subscribers to the Memorandum of Association of the Company.Maqsood Shaikh and Tazyeen Shaikh are the promoters of the Company.We are providing services of System Integration for security safety and building automation and installation of various electronics systems. We provide a wide range of services with respect to security and electronic systems such as Video Door Phone Audio Door Phone Access Controls Home Automation Systems Intrusion Alarm System CCTV Systems Fire Alarm Systems and Telecom Products.KEY EVENTS AND MILESTONES:2000- Incorporation of the Company as “Innovative Ideals & Services (India) Private Limited”.2011- Awarded for Innovation in Security.2012- Awarded for Innovation in technology for India’s first wireless automation brand.2013- Awarded Gold Medal for contribution in surveillance by Design Wall of Fame.2014- Awarded for Innovation in women security.2017- Conversion of Private Limited Company Into Public Limited Company.- Acquisition of undertaking of“M/s. Innovative Solutions” vide Business- Acquisition Agreement dated September 23 2017.- Acquisition of undertaking of“M/s. Concept N Designs” vide Business- Acquisition Agreement dated September 29 2017.- Best SME – Security Solutions by Navbharat.2018- Awarded for Qualifying amongst 100 SMEs in India.- Authorised distributorship of FERMAX Electronica S.A.U. for their products- FERMAX Audio/Video Door Entry System in the territory of India- An agreement with Tata Sky Broadband Private Limited for provision of broadband services to the residents / subscribers in the service Area i.e. Amanora Park Town Pune- An agreement with Tata Sky Limited for provision of Direct to Home (DTH) services as an authorised distributor of Tata Sky to the residents / subscribers in the service Area i.e. Amanora Park Town Pune.