Innocorp Ltd. is a BSE listed public company with diversified interests in manufacturing food processing and trading. We are more than a decade-old, financially and technically sound company, under the able management of a Board comprising highly experienced people. Mr. Prasad Garapati is a successful entrepreneur with proven background of business experience and operational expertise. He has established successful business ventures in diversified sectors such as Manufacturing, Transcription, IT Services & Solutions and Tele-films. In 1983, Mr. Garapati started Innovations Showrooms Pvt. Ltd., to market the consumer durables and has discovered tremendous potential for consumer durables in the rich coastal belt of Andhra Pradesh and started distribution chain of Innovations.
For over one and half decades Innovations has a mark for itself as Andhra Pradesh most successful distributor through its 200 strong dealers network In 1994, Mr. Garapati as a chief promoter floated a public limited company Innocorp Limited [formerly known as Innovations International Exim Limited] on 21st September, 1994 with an authorized capital of Rs. 70.00 Millions with a main objective of setting up a production unit for manufacture of Plastic Moulded Products and was established in the Industrial Development Area at Plot No. 41, IDA, Mallapur, Ranga Reddy District. All the required Plant & Machinery and other facilities were installed in the state of the Art 40,000 sq.ft. Manufacturing facility.
In 1996, the company headed by Mr. Garapati went for public issue and was successfully subscribed.
In 2006 the company’s name is changed to INNOCORP LIMITED.
Under his dynamic leadership the company has recorded consistent growth every year since the inception.