Power Weave Software Services Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.29 Cr
- Company Age 25 Year, 3 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 19.44 Cr
- Satisfied Charges ₹ 117.53 Cr
- Revenue Growth 59.57%
- Profit Growth 297.75%
- Ebitda 250.24%
- Net Worth 19.28%
- Total Assets 15.20%
About Power Weave Software Services
Power Weave Software Services Private Limited (PWSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 April 2000 and has a history of 25 years. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Power Weave Software Services India Private Limited. The Company is engaged in the Information Technology 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 1.50 Cr and a paid-up capital of Rs 1.29 Cr.
The company currently has active open charges totaling ₹19.44 Cr. The company has closed loans amounting to ₹117.53 Cr, as per Ministry of Corporate Affairs (MCA) records.
Alpa Patel and Rajesh Patel serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200MH2000PTC125682
- Company No.
125682
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Apr 2000
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Information Technology
Business Outsourcing
What products or services does Power Weave Software Services Private Limited offer?
Power Weave Software Services Private Limited offers a wide range of products and services, including SEO Consultation Service, SEO Solution, IT Solutions, Software Development Services, Customized Software Solution, Software Development & IT Consultant, Data Entry & Data Processing Service, Data Conversion Services, Data Digitization, SMS Software Service.
Power Weave Software Services Private Limited
Explore comprehensive data for Power Weave Software Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Power Weave Software Services?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Alpa Patel  | Director | 07-Apr-2000 | Current |
| Rajesh Patel | Director | 07-Apr-2000 | Current |
Financial Performance of Power Weave Software Services.
Power Weave Software Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 59.57% increase. The company also saw a substantial improvement in profitability, with a 297.75% increase in profit. The company's net worth Soared by an impressive increase of 19.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Power Weave Software Services?
In 2023, Power Weave Software Services had a promoter holding of 66.06% and a public holding of 33.94%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Powerweave Business Solutions Private Limited
Alpa Patel and Rajesh Patel are mutual person
Mentorcap Management Private LimitedRajesh Patel is a mutual person
Pwti Media Services Private LimitedRajesh Patel is a mutual person
Powerweave Heuristic Investment Technologies Private LimitedAlpa Patel and Rajesh Patel are mutual person
Brand Musiq Private LimitedRajesh Patel is a mutual person
Gateway Venture Urban Realty LlpAlpa Patel is a mutual person
Charges (Loans)
Open Charges
₹19.44 Cr
Satisfied Charges
₹117.53 Cr
Charges Breakdown by Lending Institutions
- Others : 19.00 Cr
- Axis Bank Limited : 0.44 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Mar 2024 | Others | ₹19.00 Cr | Open |
| 18 Dec 2019 | Axis Bank Limited | ₹4.36 M | Open |
| 03 Jul 2018 | Yes Bank Limited | ₹41.43 Cr | Satisfied |
| 18 Sep 2017 | Others | ₹13.55 Cr | Satisfied |
| 11 May 2015 | Small Industries Development Bank Of India | ₹1.25 Cr | Satisfied |
How Many Employees Work at Power Weave Software Services?
Power Weave Software Services has a workforce of 620 employees as of Apr 04, 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 Weave Software Services, 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 Weave Software Services'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 Weave Software Services
Recent activity within the organization
- Annual General Meeting
Power Weave Software Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 19.00 Cr registered on 25 Mar 2024 with Charge ID 100908988 was modified on 31 May 2024.
- Balance Sheet
Power Weave Software Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 19.00 Cr with Charge ID 100908988 was registered on 25 Mar 2024.
- Charges
A charge registered on 03 Jul 2018 via Charge ID 100192823 with Yes Bank Limited was fully satisfied on 12 Mar 2024.
- Charges
A charge with Yes Bank Limited of Rs. 41.43 Cr registered on 03 Jul 2018 with Charge ID 100192823 was modified on 30 Apr 2022.
Recent News, Updates & Announcement
- Powerweave Provides The New ewiz Solution That's 6 Times More Powerful.
/PRNewswire/ -- Announcing the launch of the new ewiz, a digital business solution for e-commerce that is designed to empower businesses and global enterprises....
Frequently asked questions
What is the Incorporation or founding date of Power Weave Software Services Private Limited?
Power Weave Software Services Private Limited was incorporated on 07 Apr 2000.
What is authorized share capital and paid-up capital of Power Weave Software Services Private Limited?
The authorized share capital of Power Weave Software Services Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.29 Cr.
Who are the current board members & directors of Power Weave Software Services Private Limited?
Currently 2 directors are associated with Power Weave Software Services Private Limited.
- Alpa Rajesh Patel
- Rajesh Jaykrishan Patel
What is the registered address of Power Weave Software Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Power Weave Software Services Private Limited is Powerweave House 1 2 3 5 6 7 Floor Plot No.27 Road No.11 Marol Industrial Area Midc, An Dheri East India, Mumbai, Maharashtra, 400093.
What is the corporate identification number (CIN) and company number of Power Weave Software Services Private Limited?
The corporate identification number (CIN) of Power Weave Software Services Private Limited is U72200MH2000PTC125682 and the company number is 125682 as per Ministry of Corporate Affairs (MCA).
What is the official website of Power Weave Software Services Private Limited?
The Official website of Power Weave Software Services Private Limited is https://www.powerweave.com
What has been the recent revenue trend for Power Weave Software Services Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Power Weave Software Services Private Limited has risen by 59.57%.
How many employees does Power Weave Software Services Private Limited currently have?
As Per 2022 financial reports, 620 employees are currently employed by Power Weave Software Services Private Limited.
What change has been observed in the net worth of Power Weave Software Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Power Weave Software Services Private Limited has experienced an upsurge of 19.28%.
What are the total open charges for Power Weave Software Services Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Power Weave Software Services Private Limited amount to ₹ 19.44 Cr.
When was the last Balance Sheet of Power Weave Software Services Private Limited filed with the ROC?
The most recent Balance Sheet for Power Weave Software Services Private Limited was filed with the ROC on 31 Mar 2024.
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