Poorvik Engineers Private Limited

Auto component manufacturing company established in 1991 with registered office in Chennai, Tamil Nadu.

1991 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Poorvik Engineers Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 33 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.29 Cr
  • Satisfied Charges ₹ 14.46 Cr
  • Revenue Growth -21.48%
  • Profit Growth -912.99%
  • Ebitda -106.09%
  • Net Worth -9.21%
  • Total Assets 4.48%

About Poorvik Engineers

Poorvik Engineers Private Limited (PEPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 July 1991 and has a history of 33 years and seven months. Its registered office is in Chennai, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹2.29 Cr. The company has closed loans amounting to ₹14.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vikram Ramprasad, Nalini Ramprasad, Mandakalathur Ramaprasad, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28920TN1991PTC021096

  • Company No.

    021096

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Jul 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

Who are the key members and board of directors at Poorvik Engineers?

Executive Team (1)

NameDesignationAppointment DateStatus
Vikram Ramprasad Country flag representing In Managing Director30-Sep-1993Current

Board Members (3)

NameDesignationAppointment DateStatus
Vikram Sneha Country flag representing In Director 06-Oct-2021Current
Nalini Ramprasad Country flag representing In Director 30-Sep-1993Current
Mandakalathur Ramaprasad Country flag representing In Director 10-Jul-1991Current

Financial Performance of Poorvik Engineers.

Poorvik Engineers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.48% decrease. The company also saw a substantial fall in profitability, with a 912.99% decrease in profit. The company's net worth dipped by a decrease of 9.21%.

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
-21.48%
Revenue from Operations
-28.16%
Total Assets
4.48%
Profit or Loss
-912.99%
Net Worth
-9.21%
EBITDA
-106.09%

What is the Ownership and Shareholding Structure of Poorvik Engineers?

In 2023, Poorvik Engineers 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

₹22.89 M

Satisfied Charges

₹144.59 M

Charges Breakdown by Lending Institutions

  • Others : 2.29 Cr

Latest Charge Details

DateLenderAmountStatus
29 Nov 2017Others₹2.29 CrOpen
20 Oct 2021Others₹1.86 CrSatisfied
31 Aug 2019Others₹1.00 CrSatisfied
27 Nov 2018Others₹2.20 CrSatisfied
09 Jul 2012Others₹7.00 MSatisfied

How Many Employees Work at Poorvik Engineers?

Poorvik Engineers has a workforce of 34 employees as of Mar 29, 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 Poorvik Engineers, 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 Poorvik Engineers'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 Poorvik Engineers

Recent activity within the organization

  • Charges

    A charge registered on 31 Aug 2019 via Charge ID 100302178 with Others was fully satisfied on 29 Apr 2024.

    29 Apr 2024

  • Charges

    A charge registered on 20 Oct 2021 via Charge ID 100499570 with Others was fully satisfied on 18 Mar 2024.

    18 Mar 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Poorvik Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 22.89 M registered on 29 Nov 2017 with Charge ID 100138782 was modified on 31 Jan 2023.

    31 Jan 2023

  • Charges

    A charge with Others amounted to Rs. 18.60 M with Charge ID 100499570 was registered on 20 Oct 2021.

    20 Oct 2021

Frequently asked questions

  • Poorvik Engineers Private Limited was incorporated on 10 Jul 1991.

  • The authorized share capital of Poorvik Engineers Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 4 directors are associated with Poorvik Engineers Private Limited.

    • Vikram Ramprasad
    • Nalini Ramprasad
    • Mandakalathur Ramaswamy Ramaprasad
    • Vikram Sneha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Poorvik Engineers Private Limited is Flat No. 1B Prime Chalet New No.17 Vyasarpadi Gangadaran St., Nu Ngambakkam India, Chennai, Tamil Nadu, 600034.

  • The corporate identification number (CIN) of Poorvik Engineers Private Limited is U28920TN1991PTC021096 and the company number is 021096 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Poorvik Engineers Private Limited has fallen by -21.48%.

  • As Per 2023 financial reports, 34 employees are currently employed by Poorvik Engineers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Poorvik Engineers Private Limited has experienced an downturn of -9.21%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Poorvik Engineers Private Limited amount to ₹ 2.29 Cr.

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