Eta Technology Private Limited

Manufacturer and exporter of specialized machines for various industries, including engine valves.

1991 | Bangaluru, Karnataka (India) | Active
Last Updated: November 15, 2024

Eta Technology Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 33 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.93 Cr
  • Satisfied Charges ₹ 19.98 Cr
  • Revenue Growth -37.52%
  • Profit Growth -86.20%
  • Ebitda -82.88%
  • Net Worth 1.39%
  • Total Assets 12.27%

About Eta Technology

Eta Technology Private Limited (ETPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 December 1991 and has a history of 33 years and two months. 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 3.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹9.93 Cr. The company has closed loans amounting to ₹19.98 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramachandran Harindran, Unnikrishnan Kumar, Parmeswaran Nair, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1991PTC012563

  • Company No.

    012563

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Dec 1991

  • Date of AGM

    26 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 Eta Technology Private Limited offer?

Eta Technology Private Limited offers a wide range of products and services, including CNC Milling Machine, CNC Horizontal Milling Machine, Straightening Machines, Wire Straightening Machine, Test Rig, CNC Lathe Machine, CNC Vertical Lathe, Measuring Equipments & Instruments, Digital Torque Meter, Welding Equipments & Machinery.

Who are the key members and board of directors at Eta Technology?

Board Members (5)

Name Designation Appointment Date Status
Sumesh Sadasivan Country flag representing In Whole-Time Director 24-Oct-2017 Current
Unnikrishnan Kumar Country flag representing In Whole-Time Director 01-Jul-2013 Current
Ramachandran Harindran Country flag representing In Whole-Time Director 08-Nov-2011 Current
Parmeswaran Nair Country flag representing In Whole-Time Director 02-Dec-1991 Current
Nirmala Nair Country flag representing In Whole-Time Director 02-Sep-2022 Current

Financial Performance of Eta Technology.

Eta Technology Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 37.52% decrease. The company also saw a substantial fall in profitability, with a 86.2% decrease in profit. The company's net worth moved up by a moderate rise of 1.39%.

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
-37.52%
Revenue from Operations
-38.69%
Total Assets
12.27%
Profit or Loss
-86.20%
Net Worth
1.39%
EBITDA
-82.88%

What is the Ownership and Shareholding Structure of Eta Technology?

In 2023, Eta Technology had a promoter holding of 17.28% and a public holding of 82.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.93 Cr

Satisfied Charges

₹19.98 Cr

Charges Breakdown by Lending Institutions

  • Others : 9.43 Cr
  • State Bank Of India : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
16 Oct 2020 Others ₹7.50 Cr Open
29 Jun 2019 Others ₹1.93 Cr Open
14 Oct 1997 State Bank Of India ₹5.00 M Open
15 Jun 2017 Citi Bank N.A. ₹6.70 Cr Satisfied
02 Apr 2013 Hdfc Bank Limited ₹6.00 Cr Satisfied

How Many Employees Work at Eta Technology?

Eta Technology has a workforce of 76 employees as of Apr 03, 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 Eta Technology, 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 Eta Technology'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 Eta Technology

Recent activity within the organization

  • Annual General Meeting

    Eta Technology Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Balance Sheet

    Eta Technology 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. 1.93 Cr registered on 29 Jun 2019 with Charge ID 100272849 was modified on 26 Feb 2024.

    26 Feb 2024

  • Director Appointment

    Nirmala Sukumaran Nair was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 02 Sep 2022 & has been associated with this company since 2 years 5 months .

    02 Sep 2022

  • Charges

    A charge with Others amounted to Rs. 7.50 Cr with Charge ID 100416087 was registered on 16 Oct 2020.

    16 Oct 2020

  • Charges

    A charge registered on 15 Jun 2017 via Charge ID 100145641 with Citi Bank N.A. was fully satisfied on 09 Mar 2020.

    09 Mar 2020

Frequently asked questions

  • Eta Technology Private Limited was incorporated on 02 Dec 1991.

  • The authorized share capital of Eta Technology Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 5 directors are associated with Eta Technology Private Limited.

    • Ramachandran Harindran
    • Unnikrishnan Santosh Kumar
    • Parmeswaran Sukumaran Nair
    • Sumesh Sadasivan
    • Nirmala Sukumaran Nair
  • As per Ministry of Corporate Affairs (Mca), the registered address of Eta Technology Private Limited is 484-D 13Th Cross, 4Th Phasepeenya Industrial Area . India, Bangalore, Karnataka, 560058.

  • The corporate identification number (CIN) of Eta Technology Private Limited is U85110KA1991PTC012563 and the company number is 012563 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Eta Technology Private Limited is https://www.etatechnology.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Eta Technology Private Limited has fallen by -37.52%.

  • As Per 2023 financial reports, 76 employees are currently employed by Eta Technology Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Eta Technology Private Limited has experienced an upsurge of 1.39%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Eta Technology Private Limited amount to ₹ 9.93 Cr.

  • The most recent Balance Sheet for Eta Technology Private Limited was filed with the ROC on 31 Mar 2024.

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