Demac Technologies Pvt Ltd

Construction and manpower services for electrical and machinery equipment.

1990 | Vadodara, Gujarat (India) | Active
Last Updated:

Demac Technologies Profile

Key Indicators

  • Authorised Capital ₹ 8.50 M
  • Paid Up Capital ₹ 6.67 M
  • Company Age 34 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.75 Cr
  • Satisfied Charges ₹ 6.79 Cr
  • Revenue Growth 15.57%
  • Profit Growth 757.09%
  • Ebitda 176.85%
  • Net Worth 124.13%
  • Total Assets 5.00%

About Demac Technologies

Demac Technologies Pvt Ltd (DTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 August 1990 and has a history of 34 years and seven months. Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Infrastructure And Utilities Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 8.50 M and a paid-up capital of Rs 6.67 M.

The company currently has active open charges totaling ₹7.75 Cr. The company has closed loans amounting to ₹6.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kanchan Karunakar and Kunal Karunakar serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U30006GJ1990PTC014109

  • Company No.

    014109

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Aug 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Infrastructure and Utilities

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

Executive Team (1)

NameDesignationAppointment DateStatus
Kunal Karunakar Country flag representing In Managing Director30-Mar-2013Current

Board Members (1)

NameDesignationAppointment DateStatus
Kanchan Karunakar Country flag representing 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%.

Demac Technologies revenue growth over time
Demac Technologies profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(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%

What is the Ownership and Shareholding Structure of Demac Technologies?

In 2023, Demac Technologies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹77.49 M

Satisfied Charges

₹67.85 M

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 6.86 Cr
  • Others : 0.59 Cr
  • Bank Of Baroda : 0.18 Cr
  • Axis Bank Limited : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
14 Sep 2024Others₹1.18 MOpen
06 May 2024Others₹2.33 MOpen
29 Jan 2022Yes Bank Limited₹6.86 CrOpen
21 Sep 2020Axis Bank Limited₹1.18 MOpen
11 May 2020Others₹2.40 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.

Employee growth trends for Demac Technologies Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Demac Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Demac Technologies's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Demac Technologies

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.18 M with Charge ID 100985414 was registered on 14 Sep 2024.

  • Charges

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

  • Balance Sheet

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

  • Charges

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

  • Charges

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

Frequently asked questions

  • What is the Incorporation or founding date of Demac Technologies Pvt Ltd?

    Demac Technologies Pvt Ltd was incorporated on 01 Aug 1990.

  • What is authorized share capital and paid-up capital of Demac Technologies Pvt Ltd?

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

  • Who are the current board members & directors of Demac Technologies Pvt Ltd?

    Currently 2 directors are associated with Demac Technologies Pvt Ltd.

    • Kanchan Karunakar
    • Kunal Nidadavolu Karunakar

  • What is the registered address of Demac Technologies Pvt Ltd?

    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 India, Vadodara, Gujarat, 390007.

  • What is the corporate identification number (CIN) and company number of Demac Technologies Pvt Ltd?

    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).

  • What is the official website of Demac Technologies Pvt Ltd?

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

  • What has been the recent revenue trend for Demac Technologies Pvt Ltd?

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

  • How many employees does Demac Technologies Pvt Ltd currently have?

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

  • What change has been observed in the net worth of Demac Technologies Pvt Ltd, and by what percentage?

    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%.

  • What are the total open charges for Demac Technologies Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Demac Technologies Pvt Ltd amount to ₹ 7.75 Cr.

  • When was the last Balance Sheet of Demac Technologies Pvt Ltd filed with the ROC?

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

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