Demac Technologies Pvt Ltd logo

Demac Technologies Pvt Ltd

Construction and manpower services for electrical and machinery equipment.
1990 | Vadodara, Gujarat (India) | Active

Last Updated:

July 31, 2024
HomeCompanyDemac Technologies Pvt Ltd

Who are the key members and board of directors at Demac Technologies?

Executive Team (1)

NameDesignationAppointment DateStatus
Kunal Karunakar InManaging Director30-Mar-2013Current

Board Members(1)

NameDesignationAppointment DateStatus
Kanchan Karunakar In Director 01-Aug-1990Current

Financial Performance of Demac Technologies.

Demac Technologies Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 15.57% increase. The company also saw a substantial improvement in profitability, with a 757.09% increase in profit. The company's net worth Soared by an impressive increase of 124.13%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
15.57%
Revenue from Operations
15.92%
Total Assets
5.00%
Profit or Loss
757.09%
Net Worth
124.13%
EBITDA
176.85%

Charges (Loans)

Open Charges Satisfied Charges

₹76.31 M

₹67.85 M

LenderAmountStatus

Others

Creation Date: 06 May 2024
₹2.33 MOpen

Yes Bank Limited

Creation Date: 29 Jan 2022
₹6.86 CrOpen

Axis Bank Limited

Creation Date: 21 Sep 2020
₹1.18 MOpen

How Many Employees Work at Demac Technologies?

Demac Technologies has a workforce of 46 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Latest Updates, News, and FAQs on Demac Technologies

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 2.33 M with Charge ID 100926959 was registered on 06 May 2024.

    06 May 2024

  • Annual General Meeting

    Demac Technologies Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Demac Technologies Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 20 Jul 2020 via Charge ID 100360987 with Others was fully satisfied on 25 Mar 2022.

    25 Mar 2022

  • Charges

    A charge registered on 23 Feb 2000 via Charge ID 90101992 with Others was fully satisfied on 25 Mar 2022.

    25 Mar 2022

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 68.60 M with Charge ID 100534221 was registered on 29 Jan 2022.

    29 Jan 2022

Frequently asked questions

  • Demac Technologies Pvt Ltd was incorporated on 01 Aug 1990.

  • The authorized share capital of Demac Technologies Pvt Ltd is ₹ 8.50 M and paid-up capital is ₹ 6.67 M.

  • Currently 2 directors are associated with Demac Technologies Pvt Ltd.

    • Kanchan Karunakar
    • Kunal Nidadavolu Karunakar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Demac Technologies Pvt Ltd is Sb-21 Ivory Terrace R.C.Dutt Road Alkapuri, Vadodara, Gujarat, India, 390007.

  • The corporate identification number (CIN) of Demac Technologies Pvt Ltd is U30006GJ1990PTC014109 and the company number is 014109 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Demac Technologies Pvt Ltd is https://www.demac.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Demac Technologies Pvt Ltd has risen by 15.57%.

  • As Per 2023 financial reports, 46 employees are currently employed by Demac Technologies Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Demac Technologies Pvt Ltd has experienced an upsurge of 124.13%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Demac Technologies Pvt Ltd amount to ₹ 7.63 Cr.

  • The most recent Balance Sheet for Demac Technologies Pvt Ltd was filed with the ROC on 31 Mar 2023.

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