Portal Engineering Private Limited

Manufacturer of elevator and machine tool doors and related components.

2014 | Navi Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Portal Engineering Profile

Key Indicators

  • Authorised Capital ₹ 4.50 M
  • Paid Up Capital ₹ 4.50 M
  • Company Age 10 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.87 Cr
  • Revenue Growth 49.78%
  • Profit Growth 122.20%
  • Ebitda 44.90%
  • Net Worth 29.13%
  • Total Assets 19.87%

About Portal Engineering

Portal Engineering Private Limited (PEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 June 2014 and has a history of Ten years and seven months. Its registered office is in Navi Mumbai, Maharashtra.

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 4.50 M and a paid-up capital of Rs 4.50 M.

The company currently has active open charges totaling ₹7.87 Cr.

Pushpa Ravishankar, Ravishankar Swamy, and Vishal Anant serve as directors at the Company.

Company Details

  • Location
    Navi Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29238MH2014PTC255507

  • Company No.

    255507

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jun 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Portal Engineering Private Limited offer?

Portal Engineering Private Limited offers a wide range of products and services, including Security & Inspection Devices, Car Parking System, Doors and Windows, Sliding Doors, Elevators & Escalators, Hydraulic Lifts, Passenger Lifts, Goods Lift, Elevator Doors, Power Packs.

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

Board Members (3)

Name Designation Appointment Date Status
Pushpa Ravishankar Country flag representing In Director 16-Jun-2014 Current
Ravishankar Swamy Country flag representing In Director 16-Jun-2014 Current
Vishal Anant Country flag representing In Additional Director Current

Financial Performance of Portal Engineering.

Portal Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.78% increase. The company also saw a substantial improvement in profitability, with a 122.2% increase in profit. The company's net worth Soared by an impressive increase of 29.13%.

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
49.78%
Revenue from Operations
48.53%
Total Assets
19.87%
Profit or Loss
122.20%
Net Worth
29.13%
EBITDA
44.90%

What is the Ownership and Shareholding Structure of Portal Engineering?

In 2023, Portal 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

₹78.70 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 5.66 Cr
  • The Bharat Co-Operative Bank(Mumbai) Ltd : 1.50 Cr
  • State Bank Of India : 0.72 Cr

Latest Charge Details

Date Lender Amount Status
11 Sep 2024 Others ₹2.60 Cr Open
21 Jul 2023 The Bharat Co-Operative Bank(Mumbai) Ltd ₹9.80 M Open
07 Feb 2023 The Bharat Co-Operative Bank(Mumbai) Ltd ₹3.10 M Open
23 Dec 2022 The Bharat Co-Operative Bank(Mumbai) Ltd ₹2.10 M Open
31 Dec 2021 Others ₹4.00 M Open

How Many Employees Work at Portal Engineering?

Portal Engineering has a workforce of 54 employees as of Apr 08, 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 Portal 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 Portal 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 Portal Engineering

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 26.00 M with Charge ID 100980422 was registered on 11 Sep 2024.

    11 Sep 2024

  • Annual General Meeting

    Portal 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 The Bharat Co-Operative Bank(Mumbai) Ltd amounted to Rs. 9.80 M with Charge ID 100789520 was registered on 21 Jul 2023.

    21 Jul 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with The Bharat Co-Operative Bank(Mumbai) Ltd amounted to Rs. 3.10 M with Charge ID 100682652 was registered on 07 Feb 2023.

    07 Feb 2023

  • Charges

    A charge with The Bharat Co-Operative Bank(Mumbai) Ltd amounted to Rs. 2.10 M with Charge ID 100664036 was registered on 23 Dec 2022.

    23 Dec 2022

Frequently asked questions

  • Portal Engineering Private Limited was incorporated on 16 Jun 2014.

  • The authorized share capital of Portal Engineering Private Limited is ₹ 4.50 M and paid-up capital is ₹ 4.50 M.

  • Currently 3 directors are associated with Portal Engineering Private Limited.

    • Pushpa Iyer Ravishankar
    • Ravishankar Krishna Swamy
    • Vishal Kulkarni Anant
  • As per Ministry of Corporate Affairs (Mca), the registered address of Portal Engineering Private Limited is Plot No R 332 Rabale, India, Navi Mumbai, Maharashtra, 400705.

  • The corporate identification number (CIN) of Portal Engineering Private Limited is U29238MH2014PTC255507 and the company number is 255507 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Portal Engineering Private Limited is https://www.portalengg.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Portal Engineering Private Limited has risen by 49.78%.

  • As Per 2023 financial reports, 54 employees are currently employed by Portal Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Portal Engineering Private Limited has experienced an upsurge of 29.13%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Portal Engineering Private Limited amount to ₹ 7.87 Cr.

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