Easy Dry Systems Private Limited

Manufactures innovative clothes drying systems for various clients, including global corporations and construction companies.

2012 | Pune, Maharashtra (India) | Active
Last Updated: July 30, 2024

Easy Dry Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.90 M
  • Company Age 12 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.26 M
  • Revenue Growth -2.31%
  • Profit Growth 7.74%
  • Ebitda 14.22%
  • Net Worth -115.29%
  • Total Assets -23.96%

About Easy Dry Systems

Easy Dry Systems Private Limited (EDSPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 April 2012 and has a history of 12 years and ten months. Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 1.50 M and a paid-up capital of Rs 0.90 M.

The company currently has active open charges totaling ₹2.26 M.

Nilesh Gadgil, Koustubh Pitre, and Sagar Sathaye serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U28112PN2012PTC142960

  • Company No.

    142960

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Apr 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Easy Dry Systems Private Limited offer?

Easy Dry Systems Private Limited offers a wide range of products and services, including Clothing Rack, Cloth Drying Stand, Hangers, Wall Mounted Cloth Stands, Hangers & Cloth Pegs, Home Appliances & Kitchen Appliances, Home Appliances, Printing Machinery & Equipment, Screen Printing Equipment, Stool.

Who are the key members and board of directors at Easy Dry Systems?

Board Members (3)

Name Designation Appointment Date Status
Sagar Sathaye Country flag representing In Additional Director 21-Feb-2024 Current
Koustubh Pitre Country flag representing In Director 01-May-2020 Current
Nilesh Gadgil Country flag representing In Director 13-Apr-2012 Current

Financial Performance of Easy Dry Systems.

Easy Dry Systems Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.31% decrease. The company also saw a slight improvement in profitability, with a 7.74% increase in profit. The company's net worth observed a substantial decline by a decrease of 115.29%.

Graph illustrating revenue growth over time
Graph showing 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
-2.31%
Revenue from Operations
-2.15%
Total Assets
-23.96%
Profit or Loss
7.74%
Net Worth
-115.29%
EBITDA
14.22%

What is the Ownership and Shareholding Structure of Easy Dry Systems?

In 2023, Easy Dry Systems 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

₹2.26 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 0.08 Cr
  • Canara Bank : 0.08 Cr
  • Pune People'S Co-Operative Bank Limited : 0.07 Cr

Latest Charge Details

Date Lender Amount Status
20 Dec 2018 Canara Bank ₹0.76 M Open
24 Apr 2014 Idbi Bank Limited ₹0.80 M Open
20 Dec 2012 Pune People's Co-Operative Bank Limited ₹0.70 M Open

How Many Employees Work at Easy Dry Systems?

Easy Dry Systems has a workforce of 15 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Easy Dry Systems, 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 Easy Dry Systems'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 Easy Dry Systems

Recent activity within the organization

  • Director Appointment

    Sagar Sanjeev Sathaye was appointed as a Additional Director was appointed as a Additional Director on 21 Feb 2024 & has been associated with this company since 11 months 25 days .

    21 Feb 2024

  • Annual General Meeting

    Easy Dry Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Easy Dry Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Koustubh Shashikant Pitre was appointed as a Director was appointed as a Director on 01 May 2020 & has been associated with this company since 4 years 9 months .

    01 May 2020

  • Charges

    A charge with Canara Bank amounted to Rs. 0.76 M with Charge ID 100229335 was registered on 20 Dec 2018.

    20 Dec 2018

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 0.80 M with Charge ID 10491224 was registered on 24 Apr 2014.

    24 Apr 2014

Frequently asked questions

  • Easy Dry Systems Private Limited was incorporated on 13 Apr 2012.

  • The authorized share capital of Easy Dry Systems Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.90 M.

  • Currently 3 directors are associated with Easy Dry Systems Private Limited.

    • Nilesh Gopal Gadgil
    • Koustubh Shashikant Pitre
    • Sagar Sanjeev Sathaye
  • As per Ministry of Corporate Affairs (Mca), the registered address of Easy Dry Systems Private Limited is Flat No. 501 Padmanarayan Appt. Plot No. 45 S. No. 42/43 United Western Society Ka, Rve Nagar, Pune, Maharashtra, India, 411052.

  • The corporate identification number (CIN) of Easy Dry Systems Private Limited is U28112PN2012PTC142960 and the company number is 142960 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Easy Dry Systems Private Limited is https://www.easydrysystems.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Easy Dry Systems Private Limited has fallen by -2.31%.

  • As Per 2023 financial reports, 15 employees are currently employed by Easy Dry Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Easy Dry Systems Private Limited has experienced an downturn of -115.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Easy Dry Systems Private Limited amount to ₹ 2.26 M.

  • The most recent Balance Sheet for Easy Dry Systems Private Limited was filed with the ROC on 31 Mar 2023.

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