Welcome to Innocorp


About Us


 Innocorp Limited, a successful trader turned manufacturer of injection molded plastic products of house hold and industrial use is there in the field for the last two decades known for its high quality, longevity and 100% customer satisfaction.

We are the contract manufacturer for Tupperware in India since 2001 till date. We have vast experience in injection molded plastics and specialized in processing of all grades of PP, PC, PE, Nylon and ABS.

The Own Plant and Registered Office of the company located at Plot no. 41, Road No.6, IDA Mallapur, Hyderabad, AP – 500076.

The promoters of the company were the sole distributors of most reputed product range of VIP, Aristocrat, Encore, Maharaja Mixers, Bush T.Vs, Onida TVs, Supreme, Polyset, Nilkamal, Liberty shoes, Unitex & Libra carpets, Neeta Office furniture etc during 80s and 90s.

Innocorp Limited is an ISO-9001 Certified and BSE Listed company entered into manufacturing sector in the year 1996 backed by most successful promoters with high professional profile, efficient professional management, qualified and highly experienced technical and administrative staff.


Management Team


i) Chief Promoter & Chairman: Mr. Prasad Garapati

He has established successful business ventures in diversified sectors such as Manufacturing of Plastics, Manufacturing of LT &HT cables,, IT Services & Solutions and Tele-films. He is well traveled and is actively associated with NRIs’ from USA and GULF countries. He is TANA (Telugu association of northern America) India co-ordinator for the last four conferences. He is also the vice chairman for Telugu times Inc.

In 1983, he started Innovations Showrooms Pvt. Ltd., to market the consumer durables, for over one and half decade Innovations has a mark for itself as Andhra Pradesh most successful distributor through a 200 strong dealer network. In 1994, Prasad as a chief promoter floated a public limited company Innocorp Limited with a main objective of setting up a production unit for manufacture of Injection Plastic molded Products. There after Innocorp Ltd diversified into IT services, Manufacturing of LT & HT Cables and Tele-films. He is also the Vice Chairman of ELECTRONICS AND COMPUTER SOFTWARE EXPORT PROMOTION COUNCIL.


ii) Executive Director: Mrs.Kovelmudi Saraswathi

She is a Graduate in Home Science. She has 20 years of work experience in Administration and production of home appliances and consumable durables. She looks after the day-to-day operations at the factory controlling the areas relating to production and dispatches of goods.


iii) Director: Sahu Garapati

He is an Engineering Graduate with MBA, in marketing & operations from S.P.Jain Institute of Management is the person behind the production facilities in Innocorp.


iv) CFO: Mr. Venu Garapati

Venu comes with rich accounting and finance expertise with key focus on debt syndication proposals, financial reporting, KRA definitions and accounting standards. He has a undergraduate major in commerce and post graduation in Financial Economics from University of Leicester in the United Kingdom. He was earlier associated with Deloitte Consulting at Hyderabad in the research & innovation team, where he led creation and dissemination of monthly financial metrics dashboard of IMOS for the US markets.



Corporate Governance

INNOCORP has committed itself to the ethos of the best corporate management practices. In furtherance of these, there are the following committees, which, as their name suggests, look after the focused subject in order to ensure shareholder value and commitment to highest standards of corporate management:

☛  Audit Committee.

☛  Investor Grievance Committee.

☛  Remuneration and Manpower Committee.

☛  Management Committee.

These groups meet at pre fixed intervals with an exhaustive agenda to discuss thread bare the issues, problems et al and to confirm that the company stays on desired path at all times. The deliberations of these committees in a concise form are available on the web site of the company for all to see. Innocorp is always pleased to answer any queries from any person or agency about these matters at all times.

Note:

Innocorp with its Plastic Division and trading are well equipped to carry out all the tests on the incoming material, material in process and on finished products of its manufacturing divisions. In the final testing stage, Company can carry out Routine, Acceptance and Type tests in accordance with the stated requirements of a particular standard

The facility is well equipped and calibrated to test equipment with duly laid down manuals to ensure that only the best material passes out from the gates of its factory. Innocorp, pursuant to its belief that only the best production facilities coupled with best services can attract a good customer, strives to improve its testing capabilities from time to time by equipping itself with up to date equipment and processes.

Innocorp always accorded top priority for the Research and Development activities as it strongly believes that the marketing of the products of any organisation is possible only through continuous up gradation and development of all its technical and natural resources, which in turn will help it in producing a competitive product with best of features.