Posidex Technologies Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.12 Cr
- Company Age 21 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.10 Cr
- Satisfied Charges ₹ 3.75 Cr
- Revenue Growth 17.63%
- Profit Growth -46.40%
- Ebitda -37.16%
- Net Worth 16.62%
- Total Assets 16.83%
About Posidex Technologies
Posidex Technologies Private Limited (PTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 September 2003 and has a history of 21 years and six months. Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Consumer Electronics & Durables 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 2.00 Cr and a paid-up capital of Rs 1.12 Cr.
The company currently has active open charges totaling ₹2.10 Cr. The company has closed loans amounting to ₹3.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Posidex Technologies Private Limited India is Venkat Kandimalla as CEO. Bhavani Chitoor, Venkat Kandimalla, Venugopal Gouravelli, and One other member serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200TG2003PTC041676
- Company No.
041676
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Sep 2003
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Consumer Electronics & Durables
Information Technology
What products or services does Posidex Technologies Private Limited offer?
Posidex Technologies Private Limited offers a wide range of products and services, including Computer Language Training Services, Software Training, Data Entry & Data Processing Service, Data Quality Solutions, Computer Hardware & Network Support, Data Centre Solution, Data Management.
Who are the key members and board of directors at Posidex Technologies?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkateshwar Rao  | Managing Director | 22-Feb-2024 | Current |
| Venkat Kandimalla | CEO | 05-Nov-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkat Kandimalla | Whole-Time Director | 20-Sep-2018 | Current |
| Bhavani Chitoor | Whole-Time Director | 11-Sep-2003 | Current |
| Venugopal Gouravelli | Additional Director | 22-Feb-2024 | Current |
Financial Performance of Posidex Technologies.
Posidex Technologies Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 17.63% increase. The company also saw a substantial fall in profitability, with a 46.4% decrease in profit. The company's net worth Soared by an impressive increase of 16.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Posidex Technologies?
In 2023, Posidex Technologies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹2.10 Cr
Satisfied Charges
₹3.75 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 1.74 Cr
- Others : 0.36 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 May 2024 | Others | ₹3.60 M | Open |
| 27 Feb 2024 | Axis Bank Limited | ₹5.00 M | Open |
| 18 Nov 2022 | Axis Bank Limited | ₹6.50 M | Open |
| 17 Jun 2020 | Axis Bank Limited | ₹5.93 M | Open |
| 06 Sep 2023 | Axis Bank Limited | ₹2.00 Cr | Satisfied |
How Many Employees Work at Posidex Technologies?
Posidex Technologies has a workforce of 221 employees as of Dec 02, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Posidex Technologies, 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 Posidex Technologies's trajectory.
Rating
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
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 Posidex Technologies
Recent activity within the organization
- Director Appointment
Venkat Reddy Kandimalla was appointed as a Ceo was appointed as a Ceo on 05 Nov 2024 & has been associated with this company since 4 months 25 days .
- Charges
A charge registered on 06 Sep 2023 via Charge ID 100798527 with Axis Bank Limited was fully satisfied on 08 Oct 2024.
- Annual General Meeting
Posidex Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 0.36 Cr with Charge ID 100939970 was registered on 17 May 2024.
- Balance Sheet
Posidex Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100925782 was registered on 27 Feb 2024.
Frequently asked questions
What is the Incorporation or founding date of Posidex Technologies Private Limited?
Posidex Technologies Private Limited was incorporated on 11 Sep 2003.
What is authorized share capital and paid-up capital of Posidex Technologies Private Limited?
The authorized share capital of Posidex Technologies Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.12 Cr.
Who are the current board members & directors of Posidex Technologies Private Limited?
Currently 5 directors are associated with Posidex Technologies Private Limited.
- Bhavani Shanker Ramamurthy Chitoor
- Venkat Reddy Kandimalla
- Venugopal Rao Gouravelli
- Venkateshwar Rao
- Venkat Reddy Kandimalla
What is the registered address of Posidex Technologies Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Posidex Technologies Private Limited is Unit No 601 6Th Floor My Home Hub Block Iii Hitech City Madhapur, India, Hyderabad, Telangana, 500081.
What is the corporate identification number (CIN) and company number of Posidex Technologies Private Limited?
The corporate identification number (CIN) of Posidex Technologies Private Limited is U72200TG2003PTC041676 and the company number is 041676 as per Ministry of Corporate Affairs (MCA).
What is the official website of Posidex Technologies Private Limited?
The Official website of Posidex Technologies Private Limited is https://www.posidex.com
What has been the recent revenue trend for Posidex Technologies Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Posidex Technologies Private Limited has risen by 17.63%.
How many employees does Posidex Technologies Private Limited currently have?
As Per 2024 financial reports, 221 employees are currently employed by Posidex Technologies Private Limited.
What change has been observed in the net worth of Posidex Technologies Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Posidex Technologies Private Limited has experienced an upsurge of 16.62%.
What are the total open charges for Posidex Technologies Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Posidex Technologies Private Limited amount to ₹ 2.10 Cr.
When was the last Balance Sheet of Posidex Technologies Private Limited filed with the ROC?
The most recent Balance Sheet for Posidex Technologies Private Limited was filed with the ROC on 31 Mar 2024.
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