Parth Electricals & Engineering Private Limited

Manufacturer of electric switch gear equipment, providing services and project works for clients like ABB and Reliance.

2007 | Vadodara, Gujarat (India) | Active
Last Updated: October 24, 2024

Parth Electricals & Engineering Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 10.02 Cr
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 65.98 Cr
  • Satisfied Charges ₹ 1.60 M
  • Revenue Growth 70.55%
  • Profit Growth 258.85%
  • Ebitda 3516.85%
  • Net Worth 34.27%
  • Total Assets 49.74%

About Parth Electricals & Engineering

Parth Electricals & Engineering Private Limited (PEEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 May 2007 and has a history of 17 years and nine months. Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Energy And Power 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 15.00 Cr and a paid-up capital of Rs 10.02 Cr.

The company currently has active open charges totaling ₹65.98 Cr. The company has closed loans amounting to ₹1.60 M, as per Ministry of Corporate Affairs (MCA) records.

Karuna Advani, Jigneshkumar Patel, Jemini Patel, and One other member serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U32202GJ2007PTC050751

  • Company No.

    050751

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 May 2007

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

What products or services does Parth Electricals & Engineering Private Limited offer?

Parth Electricals & Engineering Private Limited offers a wide range of products and services, including Electrical Panels & Distribution Box, Breaker Panels, Switchgear Panels.

Who are the key members and board of directors at Parth Electricals & Engineering?

Board Members (4)

Name Designation Appointment Date Status
Jigneshkumar Patel Country flag representing In Director 04-May-2007 Current
Karuna Advani Country flag representing In Director 04-Oct-2024 Current
Jemini Patel Country flag representing In Director 04-May-2007 Current
Prashant Patel Country flag representing In Director 04-Oct-2024 Current

Financial Performance of Parth Electricals & Engineering.

Parth Electricals & Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 70.55% increase. The company also saw a substantial improvement in profitability, with a 258.85% increase in profit. The company's net worth Soared by an impressive increase of 34.27%.

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
70.55%
Revenue from Operations
72.49%
Total Assets
49.74%
Profit or Loss
258.85%
Net Worth
34.27%
EBITDA
3516.85%

What is the Ownership and Shareholding Structure of Parth Electricals & Engineering?

In 2023, Parth Electricals & Engineering 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

₹65.98 Cr

Satisfied Charges

₹0.16 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 45.27 Cr
  • Others : 20.71 Cr

Latest Charge Details

Date Lender Amount Status
31 Mar 2021 Others ₹1.58 M Open
09 Jun 2017 Others ₹2.05 Cr Open
21 Dec 2009 Others ₹18.50 Cr Open
28 Mar 2009 Canara Bank ₹45.27 Cr Open
16 Dec 2019 Others ₹1.60 M Satisfied

How Many Employees Work at Parth Electricals & Engineering?

Parth Electricals & Engineering has a workforce of 195 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parth Electricals & Engineering, 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 Parth Electricals & Engineering'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 Parth Electricals & Engineering

Recent activity within the organization

  • Director Appointment

    Karuna Vinod Advani was appointed as a Director was appointed as a Director on 04 Oct 2024 & has been associated with this company since 3 months 29 days .

    04 Oct 2024

  • Director Appointment

    Prashant Bharatkumar Patel was appointed as a Director was appointed as a Director on 04 Oct 2024 & has been associated with this company since 3 months 29 days .

    04 Oct 2024

  • Annual General Meeting

    Parth Electricals & Engineering Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Charges

    A charge with Canara Bank of Rs. 45.27 Cr registered on 28 Mar 2009 with Charge ID 10152443 was modified on 04 Sep 2024.

    04 Sep 2024

  • Balance Sheet

    Parth Electricals & Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 18.50 Cr registered on 21 Dec 2009 with Charge ID 10200943 was modified on 16 Nov 2021.

    16 Nov 2021

Frequently asked questions

  • Parth Electricals & Engineering Private Limited was incorporated on 04 May 2007.

  • The authorized share capital of Parth Electricals & Engineering Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 10.02 Cr.

  • Currently 4 directors are associated with Parth Electricals & Engineering Private Limited.

    • Karuna Vinod Advani
    • Jigneshkumar Gordhanbhai Patel
    • Jemini Jigneshkumar Patel
    • Prashant Bharatkumar Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parth Electricals & Engineering Private Limited is 301 Riddhi-Siddhi Elanza Near Dominos, Subhanpura India, Vadodara, Gujarat, 390023.

  • The corporate identification number (CIN) of Parth Electricals & Engineering Private Limited is U32202GJ2007PTC050751 and the company number is 050751 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Parth Electricals & Engineering Private Limited is https://www.parthelectricals.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Parth Electricals & Engineering Private Limited has risen by 70.55%.

  • As Per 2023 financial reports, 195 employees are currently employed by Parth Electricals & Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Parth Electricals & Engineering Private Limited has experienced an upsurge of 34.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Parth Electricals & Engineering Private Limited amount to ₹ 65.98 Cr.

  • The most recent Balance Sheet for Parth Electricals & Engineering Private Limited was filed with the ROC on 31 Mar 2024.