Power Drives (Gujrat) Pvt Ltd

Manufactures a variety of electric motors, including custom-built and specialized options.

1982 | Vadodara, Gujarat (India) | Active
Last Updated:

Power Drives (Gujrat) Profile

Key Indicators

  • Authorised Capital ₹ 1.40 M
  • Paid Up Capital ₹ 1.02 M
  • Company Age 42 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.60 Cr
  • Satisfied Charges ₹ 3.78 Cr
  • Revenue Growth 7.29%
  • Profit Growth -62.69%
  • Ebitda -7.64%
  • Net Worth 4.93%
  • Total Assets 5.05%

About Power Drives (Gujrat)

Power Drives (Gujrat) Pvt Ltd (PDGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 May 1982 and has a history of 42 years and 11 months. Its registered office is in Vadodara, Gujarat, India.

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 1.40 M and a paid-up capital of Rs 1.02 M.

The company currently has active open charges totaling ₹1.60 Cr. The company has closed loans amounting to ₹3.78 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nehaben Parikh, Vikram Parikh, Krushan Parikh, and One other member serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U32201GJ1982PTC005197

  • Company No.

    005197

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 May 1982

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment
Company report

Power Drives (Gujrat) Pvt Ltd

Explore comprehensive data for Power Drives (Gujrat) Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Power Drives (Gujrat)?

Board Members (4)

NameDesignationAppointment DateStatus
Krushan Parikh Country flag representing In Director 23-Jan-2017Current
Nehaben Parikh Country flag representing In Director 14-Aug-2006Current
Vikram Parikh Country flag representing In Director 14-Aug-2006Current
Niraj Parikh Country flag representing In Director 31-Jul-2009Current

Financial Performance of Power Drives (Gujrat).

Power Drives (Gujrat) Pvt Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 7.29% increase. The company also saw a substantial fall in profitability, with a 62.69% decrease in profit. The company's net worth moved up by a moderate rise of 4.93%.

Power Drives (Gujrat) revenue growth over time
Power Drives (Gujrat) 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
7.29%
Revenue from Operations
6.99%
Total Assets
5.05%
Profit or Loss
-62.69%
Net Worth
4.93%
EBITDA
-7.64%

What is the Ownership and Shareholding Structure of Power Drives (Gujrat)?

In 2023, Power Drives (Gujrat) 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)

Open Charges

₹16.00 M

Satisfied Charges

₹37.84 M

Charges Breakdown by Lending Institutions

  • Others : 1.60 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jul 2022Others₹1.60 CrOpen
07 Jul 2017Yes Bank Limited₹1.10 CrSatisfied
20 May 2017Yes Bank Limited₹1.10 CrSatisfied
14 Mar 2012Union Bank Of India₹2.60 MSatisfied
13 Mar 2012Union Bank Of India₹5.00 MSatisfied

How Many Employees Work at Power Drives (Gujrat)?

Unlock and access historical data on people associated with Power Drives (Gujrat), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Power Drives (Gujrat) Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Power Drives (Gujrat), 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 (Gujrat)'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 Power Drives (Gujrat)

Recent activity within the organization

  • Annual General Meeting

    Power Drives (Gujrat) Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Power Drives (Gujrat) Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Others amounted to Rs. 16.00 M with Charge ID 100627648 was registered on 25 Jul 2022.

  • Charges

    A charge registered on 07 Jul 2017 via Charge ID 100111879 with Yes Bank Limited was fully satisfied on 19 Mar 2022.

  • Charges

    A charge registered on 20 May 2017 via Charge ID 100108690 with Yes Bank Limited was fully satisfied on 19 Mar 2022.

  • Charges

    A charge with Yes Bank Limited of Rs. 10.97 M registered on 07 Jul 2017 with Charge ID 100111879 was modified on 25 Nov 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Power Drives (Gujrat) Pvt Ltd?

    Power Drives (Gujrat) Pvt Ltd was incorporated on 04 May 1982.

  • What is authorized share capital and paid-up capital of Power Drives (Gujrat) Pvt Ltd?

    The authorized share capital of Power Drives (Gujrat) Pvt Ltd is ₹ 1.40 M and paid-up capital is ₹ 1.02 M.

  • Who are the current board members & directors of Power Drives (Gujrat) Pvt Ltd?

    Currently 4 directors are associated with Power Drives (Gujrat) Pvt Ltd.

    • Nehaben Nirajbhai Parikh
    • Vikram Ramanlal Parikh
    • Krushan Nirajbhai Parikh
    • Niraj Vikrambhai Parikh

  • What is the registered address of Power Drives (Gujrat) Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Power Drives (Gujrat) Pvt Ltd is 991/2/B Gidc Estate, Makarpura India, Vadodara, Gujarat, 390010.

  • What is the corporate identification number (CIN) and company number of Power Drives (Gujrat) Pvt Ltd?

    The corporate identification number (CIN) of Power Drives (Gujrat) Pvt Ltd is U32201GJ1982PTC005197 and the company number is 005197 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Power Drives (Gujrat) Pvt Ltd?

    The Official website of Power Drives (Gujrat) Pvt Ltd is https://www.mototek.in

  • What has been the recent revenue trend for Power Drives (Gujrat) Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Power Drives (Gujrat) Pvt Ltd has risen by 7.29%.

  • What change has been observed in the net worth of Power Drives (Gujrat) Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Power Drives (Gujrat) Pvt Ltd has experienced an upsurge of 4.93%.

  • What are the total open charges for Power Drives (Gujrat) Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Power Drives (Gujrat) Pvt Ltd amount to ₹ 1.60 Cr.

  • When was the last Balance Sheet of Power Drives (Gujrat) Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Power Drives (Gujrat) Pvt Ltd was filed with the ROC on 31 Mar 2024.

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