Planet Power Tools Private Limited

Manufactures and trades power tools and related spares such as cutters, drills, grinders, and polishers.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: December 06, 2024

Planet Power Tools Profile

Key Indicators

  • Authorised Capital ₹ 2.30 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.83 Cr
  • Revenue Growth -1.95%
  • Profit Growth -5.54%
  • Ebitda -79.18%
  • Net Worth -37.43%
  • Total Assets 2.98%

About Planet Power Tools

Planet Power Tools Private Limited (PPTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 June 2008 and has a history of 16 years and seven months. Its registered office is in Mumbai, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.30 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹8.83 Cr.

Niraj Bhukhanwala and Harshvardan Shetty serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27202MH2008PTC183857

  • Company No.

    183857

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jun 2008

  • Date of AGM

    29 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Planet Power Tools Private Limited offer?

Planet Power Tools Private Limited offers a wide range of products and services, including Drills, Grinders, Saws & Power Tools, Power Saw, Electric Drill, Circular Saw, Vibratory Compactors, Concrete Vibrator, Impact Drill, Heavy Duty Grinder, Electric Angle Grinder, Demolition & Rotary Hammers.

Who are the key members and board of directors at Planet Power Tools?

Executive Team (1)

NameDesignationAppointment DateStatus
Harshvardan Shetty Country flag representing In Managing Director17-Aug-2015Current

Board Members (1)

NameDesignationAppointment DateStatus
Niraj Bhukhanwala Country flag representing In Director 17-Aug-2015Current

Financial Performance of Planet Power Tools.

Planet Power Tools Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 1.95% decrease. The company also saw a slight decrease in profitability, with a 5.54% decrease in profit. The company's net worth observed a substantial decline by a decrease of 37.43%.

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
-1.95%
Revenue from Operations
-3.35%
Total Assets
2.98%
Profit or Loss
-5.54%
Net Worth
-37.43%
EBITDA
-79.18%

What is the Ownership and Shareholding Structure of Planet Power Tools?

In 2021, Planet Power Tools 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

₹8.83 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 8.83 Cr

Latest Charge Details

DateLenderAmountStatus
29 Nov 2018State Bank Of India₹8.83 CrOpen

How Many Employees Work at Planet Power Tools?

Planet Power Tools has a workforce of 30 employees as of Mar 31, 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 Planet Power Tools, 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 Planet Power Tools'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 Planet Power Tools

Recent activity within the organization

  • Annual General Meeting

    Planet Power Tools Private Limited last Annual general meeting of members was held on 29 Aug 2024 as per latest MCA records.

    29 Aug 2024

  • Balance Sheet

    Planet Power Tools Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 8.83 Cr registered on 29 Nov 2018 with Charge ID 100220648 was modified on 29 Dec 2021.

    29 Dec 2021

  • Charges

    A charge with State Bank Of India amounted to Rs. 8.83 Cr with Charge ID 100220648 was registered on 29 Nov 2018.

    29 Nov 2018

  • Director Appointment

    Niraj Pankaj Bhukhanwala was appointed as a Director was appointed as a Director on 17 Aug 2015 & has been associated with this company since 9 years 5 months .

    17 Aug 2015

  • Director Appointment

    Harshvardan Ramkrishna Shetty was appointed as a Managing Director was appointed as a Managing Director on 17 Aug 2015 & has been associated with this company since 9 years 5 months .

    17 Aug 2015

Frequently asked questions

  • Planet Power Tools Private Limited was incorporated on 23 Jun 2008.

  • The authorized share capital of Planet Power Tools Private Limited is ₹ 2.30 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 2 directors are associated with Planet Power Tools Private Limited.

    • Niraj Pankaj Bhukhanwala
    • Harshvardan Ramkrishna Shetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Planet Power Tools Private Limited is B-28 Bhukhanvala Chambers 4Th Fl Off New Link Road Extn, Andheri West India, Mumbai, Maharashtra, 400053.

  • The corporate identification number (CIN) of Planet Power Tools Private Limited is U27202MH2008PTC183857 and the company number is 183857 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Planet Power Tools Private Limited is https://www.planetpowertools.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Planet Power Tools Private Limited has fallen by -1.95%.

  • As Per 2021 financial reports, 30 employees are currently employed by Planet Power Tools Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Planet Power Tools Private Limited has experienced an downturn of -37.43%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Planet Power Tools Private Limited amount to ₹ 8.83 Cr.

  • The most recent Balance Sheet for Planet Power Tools Private Limited was filed with the ROC on 31 Mar 2024.

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