Power Drives (Gujrat) Pvt Ltd logo

Power Drives (Gujrat) Pvt Ltd

Manufactures a variety of electric motors, including custom-built and specialized options.
1982 | Vadodara, Gujarat (India) | Active

Last Updated:

November 16, 2024
HomeCompanyPower Drives (Gujrat) Pvt Ltd

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

Board Members(4)

NameDesignationAppointment DateStatus
Krushan Parikh In Director 23-Jan-2017Current
Nehaben Parikh In Director 14-Aug-2006Current
Vikram Parikh In Director 14-Aug-2006Current
Niraj Parikh 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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Charges (Loans)

Open Charges Satisfied Charges

₹16.00 M

₹37.84 M

LenderAmountStatus

Others

Creation Date: 25 Jul 2022
₹1.60 CrOpen

Yes Bank Limited

Creation Date: 07 Jul 2017
₹1.10 CrSatisfied

Yes Bank Limited

Creation Date: 20 May 2017
₹1.10 CrSatisfied

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 Graph

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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.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

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

    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.

    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.

    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.

    25 Nov 2020

Frequently asked questions

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

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

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

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

  • 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).

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

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

  • 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%.

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

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

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