Power Onicks Limited

Specializes in electric power generation, transmission, and distribution through various electronic products and systems.

2000 | Hyderabad, Telangana (India) | Active
Last Updated: December 15, 2024

Power Onicks Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.62 Cr
  • Company Age 24 Year, 11 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 10.30 Cr
  • Satisfied Charges ₹ 19.95 Cr
  • Revenue Growth %
  • Profit Growth -12.52%
  • Ebitda 80.55%
  • Net Worth -88.90%
  • Total Assets -4.89%

About Power Onicks

Power Onicks Limited (POL) is a Public Limited Indian Non-Government Company incorporated in India on 03 February 2000 and has a history of 24 years and 11 months. Its registered office is in Hyderabad, Telangana, India.

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 2021. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 7.62 Cr.

The company currently has active open charges totaling ₹10.30 Cr. The company has closed loans amounting to ₹19.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

Santhi Myneni, Venkatasiva Ramaprasad, Hari Nuthalapati, and One other member serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31909TG2000PLC033453

  • Company No.

    033453

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Feb 2000

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Energy and Power

Who are the key members and board of directors at Power Onicks?

Executive Team (1)

Name Designation Appointment Date Status
Venkatasiva Ramaprasad Country flag representing In Managing Director 04-Sep-2003 Current

Board Members (3)

Name Designation Appointment Date Status
Santhi Myneni Country flag representing In Director 03-Feb-2000 Current
Hari Nuthalapati Country flag representing In Whole-Time Director 15-Nov-2004 Current
Bombrana Shetty Country flag representing In Nominee Director 28-Mar-2003 Current

Financial Performance of Power Onicks.

Power Onicks Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 12.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 88.9%.

Graph illustrating revenue growth over time
Graph showing 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
Revenue from Operations
Total Assets
-4.89%
Profit or Loss
-12.52%
Net Worth
-88.90%
EBITDA
80.55%

What is the Ownership and Shareholding Structure of Power Onicks?

In 2021, Power Onicks had a promoter holding of 78.81% and a public holding of 21.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.30 Cr

Satisfied Charges

₹19.95 Cr

Charges Breakdown by Lending Institutions

  • Vijaya Bank : 9.55 Cr
  • Vijaya Bank. : 0.75 Cr

Latest Charge Details

Date Lender Amount Status
07 Nov 2013 Vijaya Bank. ₹7.49 M Open
22 Jan 2005 Vijaya Bank ₹8.00 M Open
31 May 2004 Vijaya Bank ₹1.80 Cr Open
31 May 2004 Vijaya Bank ₹6.95 Cr Open
26 Jul 2017 Vijaya Bank ₹3.00 Cr Satisfied

How Many Employees Work at Power Onicks?

Power Onicks has a workforce of 0 employees as of Mar 23, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Power Onicks, 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 Onicks'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 Onicks

Recent activity within the organization

  • Charges

    A charge registered on 26 Jul 2017 via Charge ID 100117741 with Vijaya Bank was fully satisfied on 21 Nov 2022.

    21 Nov 2022

  • Charges

    A charge registered on 30 May 2002 via Charge ID 90124319 with Indian Renewable Energy Development Agence Limited was fully satisfied on 27 Sep 2022.

    27 Sep 2022

  • Annual General Meeting

    Power Onicks Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Power Onicks Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad.

    31 Mar 2021

  • Charges

    A charge with Vijaya Bank of Rs. 6.95 Cr registered on 31 May 2004 with Charge ID 90260107 was modified on 28 Aug 2017.

    28 Aug 2017

  • Charges

    A charge with Vijaya Bank amounted to Rs. 3.00 Cr with Charge ID 100117741 was registered on 26 Jul 2017.

    26 Jul 2017

Frequently asked questions

  • Power Onicks Limited was incorporated on 03 Feb 2000.

  • The authorized share capital of Power Onicks Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.62 Cr.

  • Currently 4 directors are associated with Power Onicks Limited.

    • Santhi Myneni
    • Venkatasiva Myneni Ramaprasad
    • Hari Krishna Rao Nuthalapati
    • Bombrana Sridhar Shetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Power Onicks Limited is 1St Floor 5-35/197 I.E.Kukatpally, Balanagar India, Hderabad, Telangana, 500072.

  • The corporate identification number (CIN) of Power Onicks Limited is U31909TG2000PLC033453 and the company number is 033453 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Power Onicks Limited is https://www.poweronicks.com

  • The financial reports for the fiscal year 2021 indicates that The net worth of Power Onicks Limited has experienced an downturn of -88.90%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Power Onicks Limited amount to ₹ 10.30 Cr.

  • The most recent Balance Sheet for Power Onicks Limited was filed with the ROC on 31 Mar 2021.

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