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Posiflex Technology (India) Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 23 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 13.07 Cr
- Satisfied Charges ₹ 5.03 Cr
- Revenue Growth -17.47%
- Profit Growth -89.18%
- Ebitda -91.80%
- Net Worth 1.46%
- Total Assets -28.31%
About Posiflex Technology (India)
Posiflex Technology (India) Private Limited (PTIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 September 2001 and has a history of 23 years and four months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Protocol Solution Private Limited. The Company is engaged in the Information Technology 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 1.50 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹13.07 Cr. The company has closed loans amounting to ₹5.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dinesh Ullal, Baskara Pee, Malavan Parthasarathy, and Four other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U72200KA2001PTC029587
- Company No.
029587
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Sep 2001
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Posiflex Technology (India) Private Limited offer?
Posiflex Technology (India) Private Limited offers a wide range of products and services, including Measuring Equipments & Instruments, Money Counter, Office Automation Products & Devices, Barcode Scanners, Software Development & IT Consultant, Software Consulting Service, Biometrics & Access Control Devices, Billing Machines, POS Machine, Barcode Printers.
Who are the key members and board of directors at Posiflex Technology (India)?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Li Ching  | Director | 31-May-2021 | Current |
Malavan Parthasarathy  | Director | 14-Aug-2010 | Current |
| Dinesh Ullal | Director | 31-May-2021 | Current |
| Baskara Pee | Director | 31-May-2021 | Current |
| Mao Chen | Director | 14-Aug-2010 | Current |
| Fu Fang | Director | 17-May-2019 | Current |
Financial Performance of Posiflex Technology (India).
Posiflex Technology (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.47% decrease. The company also saw a substantial fall in profitability, with a 89.18% decrease in profit. The company's net worth moved up by a moderate rise of 1.46%.
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What is the Ownership and Shareholding Structure of Posiflex Technology (India)?
In 2023, Posiflex Technology (India) had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Portwell India Technology Private LimitedDinesh Ullal, Mao Chen and 1 more are mutual person
Quinta Systems Private LimitedDinesh Ullal, Baskara Pee and 1 more are mutual person
Mustek Technologies Private LimitedDinesh Ullal, Baskara Pee and 1 more are mutual person
- Qugo Travel Technologies Private Limited
Dinesh Ullal is a mutual person
Charges (Loans)
₹13.07 Cr
₹5.03 Cr
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 12.00 Cr
- Hdfc Bank Limited : 1.07 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 2023 | Hdfc Bank Limited | ₹1.07 Cr | Open |
| 17 May 2017 | Citi Bank N.A. | ₹12.00 Cr | Open |
| 20 Apr 2006 | State Bank Of India | ₹4.50 Cr | Satisfied |
| 26 Feb 2005 | Kanata Bank Ltd | ₹4.00 M | Satisfied |
| 28 Feb 2004 | He Karnataka Bank Limited | ₹0.43 M | Satisfied |
How Many Employees Work at Posiflex Technology (India)?
Posiflex Technology (India) has a workforce of 144 employees as of Apr 10, 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 Posiflex Technology (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 Posiflex Technology (India)'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.
