Posidex Technologies Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.12 Cr
- Company Age 21 Year, 5 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 five 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
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
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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)
₹2.10 Cr
₹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.
