Portescap India Private Limited

Manufacturer of electric motors, generators, transformers, and control apparatus for various industries.

1994 | Mumbai 400 096, Maharashtra (India) | Active
Last Updated:

Portescap India Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 12.28 Cr
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -2.57%
  • Profit Growth -9.10%
  • Ebitda -9.30%
  • Net Worth 43.64%
  • Total Assets 30.87%

About Portescap India

Portescap India Private Limited (PIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 August 1994 and has a history of 30 years and six months. Its registered office is in Mumbai 400 096, Maharashtra.

The Corporate was formerly known as Danaher Motion India Private Limited. 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 18.00 Cr and a paid-up capital of Rs 12.28 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Portescap India Private Limited India are Bhagyashree Kane as COMPANY SECRETARY and Usha Vandavasi as Cfo. Rishi Bhatnagar, Arvind Pasricha, Sarah Apple, and Three other members serve as directors at the Company.

Company Details

  • Location Mumbai 400 096, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    portescap.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31103MH1994PTC137603

  • Company No.

    137603

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Aug 1994

  • Date of AGM

    28 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 Portescap India Private Limited offer?

Portescap India Private Limited offers a wide range of products and services, including Electric Motors and Components, DC Motor, Brushless DC Motor, Optical, Laser Instruments & Devices, Optical Instruments, AC Motor, Orthopedic Equipment & Supplies, Orthopedic Instruments, Electric Actuator, Gear Motor.

Who are the key members and board of directors at Portescap India?

Executive Team (2)

NameDesignationAppointment DateStatus
Bhagyashree Kane Country flag representing In Company Secretary01-Jul-2021Current
Usha Vandavasi CFO01-Apr-2020Current

Board Members (6)

NameDesignationAppointment DateStatus
Rishi Bhatnagar Country flag representing In Whole-Time Director 03-Oct-2011Current
Arvind Pasricha Country flag representing In Director 29-May-2023Current
Sarah Apple Country flag representing Us Director 25-Jul-2023Current
Dipeshwar Grewal Country flag representing Us Director 09-Aug-2023Current
Thomas Hill Country flag representing Us Director 09-Aug-2023Current
Sanjay Kachroo Country flag representing In Whole-Time Director 21-Sep-2023Current

Financial Performance of Portescap India.

Portescap India Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 2.57% decrease. The company also saw a slight decrease in profitability, with a 9.1% decrease in profit. The company's net worth Soared by an impressive increase of 43.64%.

Portescap India revenue growth over time
Portescap India 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
-2.57%
Revenue from Operations
-2.85%
Total Assets
30.87%
Profit or Loss
-9.10%
Net Worth
43.64%
EBITDA
-9.30%

What is the Ownership and Shareholding Structure of Portescap India?

In 2023, Portescap India 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Portescap India?

Portescap India has a workforce of 218 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.

Employee growth trends for Portescap India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Portescap India, 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 Portescap India'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 Portescap India

Recent activity within the organization

  • Annual General Meeting

    Portescap India Private Limited last Annual general meeting of members was held on 28 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Portescap India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Dipeshwar Singh Grewal was appointed as a Director was appointed as a Director on 09 Aug 2023 & has been associated with this company since 1 year 6 months .

  • Director Appointment

    Thomas Mcmurray Hill was appointed as a Director was appointed as a Director on 09 Aug 2023 & has been associated with this company since 1 year 6 months .

  • Director Appointment

    Sarah Elizabeth Apple was appointed as a Director was appointed as a Director on 25 Jul 2023 & has been associated with this company since 1 year 7 months .

  • Director Appointment

    Arvind Pasricha was appointed as a Director was appointed as a Director on 29 May 2023 & has been associated with this company since 1 year 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Portescap India Private Limited?

    Portescap India Private Limited was incorporated on 16 Aug 1994.

  • What is authorized share capital and paid-up capital of Portescap India Private Limited?

    The authorized share capital of Portescap India Private Limited is ₹ 18.00 Cr and paid-up capital is ₹ 12.28 Cr.

  • Who are the current board members & directors of Portescap India Private Limited?

    Currently 8 directors are associated with Portescap India Private Limited.

    • Rishi Bhatnagar
    • Arvind Pasricha
    • Sarah Elizabeth Apple
    • Dipeshwar Singh Grewal
    • Thomas Mcmurray Hill
    • Bhagyashree Kane
    • Usha Tulsiram Vandavasi
    • Sanjay Kachroo

  • What is the registered address of Portescap India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Portescap India Private Limited is Unit No 2 Sdf-I Seepz.Sez, Andhei (East) Mumbai - 4Oo O96 400 096 India, Mumbai 400 096, Maharashtra.

  • What is the corporate identification number (CIN) and company number of Portescap India Private Limited?

    The corporate identification number (CIN) of Portescap India Private Limited is U31103MH1994PTC137603 and the company number is 137603 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Portescap India Private Limited?

    The Official website of Portescap India Private Limited is https://www.portescap.com

  • What has been the recent revenue trend for Portescap India Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Portescap India Private Limited has fallen by -2.57%.

  • How many employees does Portescap India Private Limited currently have?

    As Per 2022 financial reports, 218 employees are currently employed by Portescap India Private Limited.

  • What change has been observed in the net worth of Portescap India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Portescap India Private Limited has experienced an upsurge of 43.64%.

  • When was the last Balance Sheet of Portescap India Private Limited filed with the ROC?

    The most recent Balance Sheet for Portescap India Private Limited was filed with the ROC on 31 Mar 2024.

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