Power Mech Industri Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 0.19 M
- Company Age 19 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 60.00 Cr
- Satisfied Charges ₹ 19.65 Cr
- Revenue Growth 8.31%
- Profit Growth 154.71%
- Ebitda -40.02%
- Net Worth 85.15%
- Total Assets -2.80%
About Power Mech Industri
Power Mech Industri Private Limited (PMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 February 2006 and has a history of 19 years and one month. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Paramount Furnishing Private Limited. 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 2.00 M and a paid-up capital of Rs 0.19 M.
The company currently has active open charges totaling ₹60.00 Cr. The company has closed loans amounting to ₹19.65 Cr, as per Ministry of Corporate Affairs (MCA) records.
Lakshmi Sajja, Sajja Babu, and Ajaykumar Kantheti 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
U29230TG2006PTC099985
- Company No.
099985
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Feb 2006
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Energy and Power
Who are the key members and board of directors at Power Mech Industri?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajaykumar Kantheti  | Managing Director | 21-Mar-2016 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Lakshmi Sajja | Director | 17-Oct-2013 | Current |
| Sajja Babu | Director | 17-Oct-2013 | Current |
Financial Performance of Power Mech Industri.
Power Mech Industri Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.31% increase. The company also saw a substantial improvement in profitability, with a 154.71% increase in profit. The company's net worth Soared by an impressive increase of 85.15%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Power Mech Industri?
In 2023, Power Mech Industri had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Hydro Magus Private LimitedAjaykumar Kantheti is a mutual person
- Power Mech Projects Limited
Lakshmi Sajja and Sajja Babu are mutual person
Bombay Avenue Developers Private LimitedLakshmi Sajja and Sajja Babu are mutual person
- Power Mech Environmental Protection Private Limited
Sajja Babu is a mutual person
- Energy Advisory And Consulting Services Private Limited
Ajaykumar Kantheti is a mutual person
Charges (Loans)
Open Charges
₹600.00 M
Satisfied Charges
₹196.54 M
Charges Breakdown by Lending Institutions
- Others : 60.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Sep 2024 | Others | ₹60.00 Cr | Open |
| 27 Aug 2019 | Axis Bank Limited | ₹1.54 M | Satisfied |
| 16 Feb 2015 | Others | ₹19.50 Cr | Satisfied |
How Many Employees Work at Power Mech Industri?
Power Mech Industri has a workforce of 916 employees as of Apr 08, 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 Power Mech Industri, 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 Mech Industri'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 Mech Industri
Recent activity within the organization
- Annual General Meeting
Power Mech Industri Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 600.00 M with Charge ID 100991452 was registered on 02 Sep 2024.
- Balance Sheet
Power Mech Industri Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Charges
A charge registered on 27 Aug 2019 via Charge ID 100291105 with Axis Bank Limited was fully satisfied on 14 Oct 2022.
- Charges
A charge registered on 16 Feb 2015 via Charge ID 10550663 with Others was fully satisfied on 18 Mar 2020.
- Charges
A charge with Axis Bank Limited amounted to Rs. 1.54 M with Charge ID 100291105 was registered on 27 Aug 2019.
Recent News, Updates & Announcement
- Power Mech Projects bags Rs 305 crore railway project in Chhattisgarh.
Power Mech Projects Ltd on Thursday said it has secured an order worth Rs 305.81 crore from the South East Central Railway in Chhattisgarh. The project involve....
- Construction Boss Wins Rs 825 Crore Project at Mahan Power Plant.
When you finally get a big project worth Rs 825 crore for building stuff at Mahan power plant. #winning #constructionboss #bigmoney #blessed.
Frequently asked questions
What is the Incorporation or founding date of Power Mech Industri Private Limited?
Power Mech Industri Private Limited was incorporated on 08 Feb 2006.
What is authorized share capital and paid-up capital of Power Mech Industri Private Limited?
The authorized share capital of Power Mech Industri Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.19 M.
Who are the current board members & directors of Power Mech Industri Private Limited?
Currently 3 directors are associated with Power Mech Industri Private Limited.
- Lakshmi Sajja
- Sajja Kishore Babu
- Ajaykumar Sambasivarao Kantheti
What is the registered address of Power Mech Industri Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Power Mech Industri Private Limited is Plot No 77 Jubilee Enclave, Hitech City Opposite India, Hyderabad, Telangana, 500081.
What is the corporate identification number (CIN) and company number of Power Mech Industri Private Limited?
The corporate identification number (CIN) of Power Mech Industri Private Limited is U29230TG2006PTC099985 and the company number is 099985 as per Ministry of Corporate Affairs (MCA).
What is the official website of Power Mech Industri Private Limited?
The Official website of Power Mech Industri Private Limited is https://www.powermechprojects.com
What has been the recent revenue trend for Power Mech Industri Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Power Mech Industri Private Limited has risen by 8.31%.
How many employees does Power Mech Industri Private Limited currently have?
As Per 2023 financial reports, 916 employees are currently employed by Power Mech Industri Private Limited.
What change has been observed in the net worth of Power Mech Industri Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Power Mech Industri Private Limited has experienced an upsurge of 85.15%.
What are the total open charges for Power Mech Industri Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Power Mech Industri Private Limited amount to ₹ 60.00 Cr.
When was the last Balance Sheet of Power Mech Industri Private Limited filed with the ROC?
The most recent Balance Sheet for Power Mech Industri Private Limited was filed with the ROC on 31 Mar 2024.
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