Encore Equipment Solutions Private Limited

Wholesale trading of material handling equipment, including forklifts.

2021 | Bangaluru, Karnataka (India) | Active
Last Updated: November 17, 2024

Encore Equipment Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 3 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.10 Cr
  • Revenue Growth 67.46%
  • Profit Growth 500.37%
  • Ebitda 442.18%
  • Net Worth 415.60%
  • Total Assets 42.15%

About Encore Equipment Solutions

Encore Equipment Solutions Private Limited (EESPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 June 2021 (Three years and seven months 24 days old ). Its registered office is in Bangaluru, Karnataka, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹3.10 Cr.

Nandini Nayak and Hosadurga Nayak serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    encoremhe.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52100KA2021PTC148870

  • Company No.

    148870

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jun 2021

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Encore Equipment Solutions Private Limited offer?

Encore Equipment Solutions Private Limited offers a wide range of products and services, including Excavator and Earth Moving Machinery, Wheel Loader, Excavator, Material Handling Machines & Systems, Pallet Truck, Warehouse Stacker, Cranes, Forklift & Lifting Machines, Forklift, Building & Construction Machines, Vibratory Compactors.

Who are the key members and board of directors at Encore Equipment Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Hosadurga Nayak Country flag representing In Director 28-Jun-2021Current
Nandini Nayak Country flag representing In Director 28-Jun-2021Current

Financial Performance of Encore Equipment Solutions.

Encore Equipment Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 67.46% increase. The company also saw a substantial improvement in profitability, with a 500.37% increase in profit. The company's net worth Soared by an impressive increase of 415.6%.

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
67.46%
Revenue from Operations
67.46%
Total Assets
42.15%
Profit or Loss
500.37%
Net Worth
415.60%
EBITDA
442.18%

What is the Ownership and Shareholding Structure of Encore Equipment Solutions?

Unlock access to Encore Equipment Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹31.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Tata Capital Financial Services Limited : 2.10 Cr
  • Others : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Sep 2023Others₹1.00 CrOpen
30 Aug 2023Tata Capital Financial Services Limited₹2.10 CrOpen

How Many Employees Work at Encore Equipment Solutions?

Encore Equipment Solutions has a workforce of 43 employees as of Apr 08, 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 Encore Equipment Solutions, 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 Encore Equipment Solutions'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 Encore Equipment Solutions

Recent activity within the organization

  • Annual General Meeting

    Encore Equipment Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Encore Equipment Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 10.00 M registered on 06 Sep 2023 with Charge ID 100807613 was modified on 22 Dec 2023.

    22 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100807613 was registered on 06 Sep 2023.

    06 Sep 2023

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 21.00 M with Charge ID 100846544 was registered on 30 Aug 2023.

    30 Aug 2023

  • Director Appointment

    Nandini Nayak was appointed as a Director was appointed as a Director on 28 Jun 2021 & has been associated with this company since 3 years 7 months .

    28 Jun 2021

Frequently asked questions

  • Encore Equipment Solutions Private Limited was incorporated on 28 Jun 2021.

  • The authorized share capital of Encore Equipment Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Encore Equipment Solutions Private Limited.

    • Nandini Nayak
    • Hosadurga Vinayaka Nayak
  • As per Ministry of Corporate Affairs (Mca), the registered address of Encore Equipment Solutions Private Limited is 259 1St Cross 4Th Phase Peenya Industrial Area, India, Bangalore, Karnataka, 560058.

  • The corporate identification number (CIN) of Encore Equipment Solutions Private Limited is U52100KA2021PTC148870 and the company number is 148870 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Encore Equipment Solutions Private Limited is https://www.encoremhe.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Encore Equipment Solutions Private Limited has risen by 67.46%.

  • As Per 2023 financial reports, 43 employees are currently employed by Encore Equipment Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Encore Equipment Solutions Private Limited has experienced an upsurge of 415.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Encore Equipment Solutions Private Limited amount to ₹ 3.10 Cr.

  • The most recent Balance Sheet for Encore Equipment Solutions Private Limited was filed with the ROC on 31 Mar 2024.