Plusstar Engineering Private Limited

Specializing in electro-mechanical engineering for steel, heavy equipment, and other core industries.

2010 | Surat, Gujarat (India) | Active
Last Updated: July 17, 2024

Plusstar Engineering Profile

Key Indicators

  • Authorised Capital ₹ 0.30 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 14 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.37 Cr
  • Revenue Growth 41.24%
  • Profit Growth -53.63%
  • Ebitda 34.30%
  • Net Worth 14.84%
  • Total Assets 54.91%

About Plusstar Engineering

Plusstar Engineering Private Limited (PEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 October 2010 and has a history of 14 years and three months. Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Engineering 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 0.30 M and a paid-up capital of Rs 0.30 M.

The company currently has active open charges totaling ₹5.37 Cr.

Laxmi Nayak and Bikramaditya Nayak serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    plusstargroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28112GJ2010PTC062659

  • Company No.

    062659

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Oct 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Engineering

What products or services does Plusstar Engineering Private Limited offer?

Plusstar Engineering Private Limited offers a wide range of products and services, including Plant Maintenance Services, Equipment Maintenance Service, Fabrication Works, Power Plant Fabrication Works, Electrical Repairing Services, Electrical Maintenance Service.

Who are the key members and board of directors at Plusstar Engineering?

Executive Team (1)

Name Designation Appointment Date Status
Laxmi Nayak Country flag representing In Managing Director 18-Oct-2010 Current

Board Members (1)

Name Designation Appointment Date Status
Bikramaditya Nayak Country flag representing In Director 18-Oct-2010 Current

Financial Performance of Plusstar Engineering.

Plusstar Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.24% increase. The company also saw a substantial fall in profitability, with a 53.63% decrease in profit. The company's net worth Soared by an impressive increase of 14.84%.

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
41.24%
Revenue from Operations
41.14%
Total Assets
54.91%
Profit or Loss
-53.63%
Net Worth
14.84%
EBITDA
34.30%

What is the Ownership and Shareholding Structure of Plusstar Engineering?

Unlock access to Plusstar Engineering'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

₹53.65 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 5.37 Cr

Latest Charge Details

Date Lender Amount Status
10 Nov 2023 Hdfc Bank Limited ₹1.42 M Open
22 Sep 2023 Hdfc Bank Limited ₹1.46 M Open
19 Jun 2023 Hdfc Bank Limited ₹2.31 M Open
27 Sep 2022 Hdfc Bank Limited ₹0.92 M Open
21 Sep 2022 Hdfc Bank Limited ₹1.00 M Open

How Many Employees Work at Plusstar Engineering?

Plusstar Engineering has a workforce of 514 employees as of Jul 11, 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 Plusstar 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 Plusstar 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 Plusstar Engineering

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 44.93 M registered on 18 Feb 2015 with Charge ID 10550917 was modified on 07 Dec 2023.

    07 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.42 M with Charge ID 100826945 was registered on 10 Nov 2023.

    10 Nov 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.46 M with Charge ID 100815544 was registered on 22 Sep 2023.

    22 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.31 M with Charge ID 100782572 was registered on 19 Jun 2023.

    19 Jun 2023

  • Balance Sheet

    Plusstar Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

Frequently asked questions

  • Plusstar Engineering Private Limited was incorporated on 18 Oct 2010.

  • The authorized share capital of Plusstar Engineering Private Limited is ₹ 0.30 M and paid-up capital is ₹ 0.30 M.

  • Currently 2 directors are associated with Plusstar Engineering Private Limited.

    • Laxmi Prasad Nayak
    • Bikramaditya Nayak
  • As per Ministry of Corporate Affairs (Mca), the registered address of Plusstar Engineering Private Limited is B/202-Regent Residency Near Saurabh Police Chowki Adajan Chor, Iyasi, Surat, Gujarat, India, 395009.

  • The corporate identification number (CIN) of Plusstar Engineering Private Limited is U28112GJ2010PTC062659 and the company number is 062659 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Plusstar Engineering Private Limited is https://www.plusstargroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Plusstar Engineering Private Limited has risen by 41.24%.

  • As Per 2023 financial reports, 514 employees are currently employed by Plusstar Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Plusstar Engineering Private Limited has experienced an upsurge of 14.84%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Plusstar Engineering Private Limited amount to ₹ 5.37 Cr.

  • The most recent Balance Sheet for Plusstar Engineering Private Limited was filed with the ROC on 31 Mar 2023.