INNOVATIVE DESIGNS INC
Close on Oct 19, 2026
- Market cap
- $8.56M
- P/E (TTM)
- 6.5
- Dividend yield
- –
About Innovative Designs
Miscellaneous Fabricated Textile Products, SIC 2390
Innovative Designs, Inc. manufactures and distributes products containing Insultex, a low-density polyethylene foam featuring thermal resistance, buoyancy, and scent-blocking characteristics. The business operates across two segments: building construction materials and cold weather clothing. Its primary offering is a multi-ply weatherization house wrap designed to resist air and water infiltration while providing thermal insulation for home construction. The company also sells bulk Insultex material to non-competing customers, alongside specialized seam tape. Previously manufactured cold weather apparel lines, including Arctic Armor floating suits, hunting apparel, and swim aids, are sold strictly from remaining inventory. Customers include home builders, commercial contractors, wholesale distributors, independent retailers, and outdoor industrial workers.
The enterprise maintains two domestic distributors covering twenty-two U.S. states and sells finished goods throughout the United States and Canada. Physical facilities include a leased 15,000-square-foot property with warehouse space and corporate offices. Innovative Designs is headquartered in Etna, Pennsylvania.
Summary of the business section of Innovative Designs's latest annual report, written by StockData.
Company profile
Company
- Legal name
- INNOVATIVE DESIGNS INC
- Founded
- 2002
- Headquarters
- Pittsburgh, PA
- Address
- 124 Cherry St., Ste 1 15223
- Phone
- (412) 799-0350
- Website
- idigear.com
- Employees
- 2, Oct 31, 2025
- Industry
- Miscellaneous Fabricated Textile Products
- Incorporated in
- Delaware
- Fiscal year ends
- October 31
- Auditor
- Asesoria Global, S.A., Guatemala City, Guatemala
Stock & identifiers
- Ticker
- IVDN
- Exchange
- OTC
- Shares outstanding
- 39M, Jul 31, 2026
- Public float
- $11.11M, Apr 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- SEC CIK
- 1190370
- EIN
- 03-0465528
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Joseph A. Riccelli | CEO | 50,000 |
| John Spagnolo JR | Director | 25,500 |
Employees
Headcount reported in annual reports
“We currently have a total of two full time employees.”
Corporate history
Events identified from SEC filings