

Power Drives Enterprises (India) Profile
Key Indicators
- Authorised Capital ₹ 2.40 M
- Paid Up Capital ₹ 2.08 M
- Company Age 28 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.75 Cr
- Satisfied Charges ₹ 1.00 Cr
- Revenue Growth 13.47%
- Profit Growth 143.93%
- Ebitda 25.64%
- Net Worth 10.79%
- Total Assets 18.82%
About Power Drives Enterprises (India)
Power Drives Enterprises (India) Private Limited (PDEIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 June 1996 and has a history of 28 years and ten months. Its registered office is in Chennai 87, Tamil Nadu.
The Company is engaged in the Energy And Power 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 2.40 M and a paid-up capital of Rs 2.08 M.
The company currently has active open charges totaling ₹1.75 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nagarajan Balaji and Meenakshi Balaji serve as directors at the Company.
Company Details
- Location Chennai 87, Tamil Nadu
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U52599TN1996PTC035807
- Company No.
035807
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Jun 1996
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Power Drives Enterprises (India) Private Limited offer?
Power Drives Enterprises (India) Private Limited offers a wide range of products and services, including VFD, PLC, HMI & Control Equipments, PLC, Electric Motors and Components, Induction Motors, Power Transmission Tools & Couplings, Mechanical Drives, Industrial Motors, Thermometers & Flowmeters, Flow Meter, Measuring Equipments & Instruments.
Who are the key members and board of directors at Power Drives Enterprises (India)?
Board Members (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Nagarajan Balaji ![]() | Director | 19-Jun-1996 | Current |
Meenakshi Balaji ![]() | Director | 14-Jun-2006 | Current |
Financial Performance of Power Drives Enterprises (India).
Power Drives Enterprises (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.47% increase. The company also saw a substantial improvement in profitability, with a 143.93% increase in profit. The company's net worth Soared by an impressive increase of 10.79%.


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What is the Ownership and Shareholding Structure of Power Drives Enterprises (India)?
In 2021, Power Drives Enterprises (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.

Charges (Loans)
₹17.50 M
₹10.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 1.75 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
28 Aug 2014 | Hdfc Bank Limited | ₹1.75 Cr | Open |
20 Dec 2006 | Ing Vysya Bank Limited | ₹1.00 Cr | Satisfied |
How Many Employees Work at Power Drives Enterprises (India)?
Unlock and access historical data on people associated with Power Drives Enterprises (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Power Drives Enterprises (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 Power Drives Enterprises (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.
Latest Updates, News, and FAQs on Power Drives Enterprises (India)
Recent activity within the organization
- Annual General Meeting
Power Drives Enterprises (India) Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Balance Sheet
Power Drives Enterprises (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with Hdfc Bank Limited of Rs. 17.50 M registered on 28 Aug 2014 with Charge ID 10522535 was modified on 05 Jul 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 17.50 M with Charge ID 10522535 was registered on 28 Aug 2014.
- Charges
A charge registered on 20 Dec 2006 via Charge ID 10031692 with Ing Vysya Bank Limited was fully satisfied on 08 Aug 2014.
- Charges
A charge with Ing Vysya Bank Limited of Rs. 10.00 M registered on 20 Dec 2006 with Charge ID 10031692 was modified on 20 Apr 2011.
Frequently asked questions
What is the Incorporation or founding date of Power Drives Enterprises (India) Private Limited?
Power Drives Enterprises (India) Private Limited was incorporated on 19 Jun 1996.
What is authorized share capital and paid-up capital of Power Drives Enterprises (India) Private Limited?
The authorized share capital of Power Drives Enterprises (India) Private Limited is ₹ 2.40 M and paid-up capital is ₹ 2.08 M.
Who are the current board members & directors of Power Drives Enterprises (India) Private Limited?
Currently 2 directors are associated with Power Drives Enterprises (India) Private Limited.
- Nagarajan Balaji
- Meenakshi Balaji
What is the registered address of Power Drives Enterprises (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Power Drives Enterprises (India) Private Limited is 20/N Chinhamani Vinayagarkoil Street Alwartthirunagar, India, Chennai 87, Tamil Nadu.
What is the corporate identification number (CIN) and company number of Power Drives Enterprises (India) Private Limited?
The corporate identification number (CIN) of Power Drives Enterprises (India) Private Limited is U52599TN1996PTC035807 and the company number is 035807 as per Ministry of Corporate Affairs (MCA).
What is the official website of Power Drives Enterprises (India) Private Limited?
The Official website of Power Drives Enterprises (India) Private Limited is https://www.powerdrives.in
What has been the recent revenue trend for Power Drives Enterprises (India) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Power Drives Enterprises (India) Private Limited has risen by 13.47%.
What change has been observed in the net worth of Power Drives Enterprises (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Power Drives Enterprises (India) Private Limited has experienced an upsurge of 10.79%.
What are the total open charges for Power Drives Enterprises (India) Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Power Drives Enterprises (India) Private Limited amount to ₹ 1.75 Cr.
When was the last Balance Sheet of Power Drives Enterprises (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Power Drives Enterprises (India) Private Limited was filed with the ROC on 31 Mar 2024.
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