Powerdrive Bearings Private Limited

Manufactures and trades bearings, power transmission components, and related products for various industries.

2011 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 18, 2024

Powerdrive Bearings Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.77 M
  • Company Age 13 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.61 Cr
  • Revenue Growth 64.54%
  • Profit Growth 15.64%
  • Ebitda 70.78%
  • Net Worth 17.03%
  • Total Assets 0.68%

About Powerdrive Bearings

Powerdrive Bearings Private Limited (PBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 April 2011 and has a history of 13 years and nine months. Its registered office is in Ahmedabad, 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 2023. It's a company limited by shares with an authorized capital of Rs 4.00 M and a paid-up capital of Rs 3.77 M.

The company currently has active open charges totaling ₹11.61 Cr.

Madhukarkumar Murarka and Prateek Murarka serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    powerdrive.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29130GJ2011PTC065216

  • Company No.

    065216

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Apr 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Powerdrive Bearings Private Limited offer?

Powerdrive Bearings Private Limited offers a wide range of products and services, including Furniture Racks & Shelves, Racks & Stands, Bushings & Bushing Parts, Machine Bushing, Gearbox, Axle, Sprocket & Gear Parts, Sprockets, Ball Bearing Assemblies & Components, Bearing Block, Measurement Gauges & Gauge Fittings, Force Gauges.

Who are the key members and board of directors at Powerdrive Bearings?

Board Members (2)

NameDesignationAppointment DateStatus
Madhukarkumar Murarka Country flag representing Us Director 29-Apr-2011Current
Prateek Murarka Country flag representing In Director 31-Oct-2020Current

Financial Performance of Powerdrive Bearings.

Powerdrive Bearings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 64.54% increase. The company also saw a substantial improvement in profitability, with a 15.64% increase in profit. The company's net worth Soared by an impressive increase of 17.03%.

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
64.54%
Revenue from Operations
64.81%
Total Assets
0.68%
Profit or Loss
15.64%
Net Worth
17.03%
EBITDA
70.78%

What is the Ownership and Shareholding Structure of Powerdrive Bearings?

In 2023, Powerdrive Bearings 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

₹116.05 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 10.88 Cr
  • Hdfc Bank Limited : 0.73 Cr

Latest Charge Details

DateLenderAmountStatus
22 Feb 2024Hdfc Bank Limited₹2.79 MOpen
07 Dec 2023Hdfc Bank Limited₹0.95 MOpen
26 Oct 2023Hdfc Bank Limited₹1.71 MOpen
20 Jun 2023Others₹9.88 CrOpen
13 Feb 2023Hdfc Bank Limited₹0.70 MOpen

How Many Employees Work at Powerdrive Bearings?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Powerdrive Bearings, 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 Powerdrive Bearings'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 Powerdrive Bearings

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.79 M with Charge ID 100894427 was registered on 22 Feb 2024.

    22 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.95 M with Charge ID 100836463 was registered on 07 Dec 2023.

    07 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.71 M with Charge ID 100818901 was registered on 26 Oct 2023.

    26 Oct 2023

  • Annual General Meeting

    Powerdrive Bearings Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 98.80 M with Charge ID 100740754 was registered on 20 Jun 2023.

    20 Jun 2023

  • Balance Sheet

    Powerdrive Bearings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

Frequently asked questions

  • Powerdrive Bearings Private Limited was incorporated on 29 Apr 2011.

  • The authorized share capital of Powerdrive Bearings Private Limited is ₹ 4.00 M and paid-up capital is ₹ 3.77 M.

  • Currently 2 directors are associated with Powerdrive Bearings Private Limited.

    • Madhukarkumar Rajendra Murarka
    • Prateek Murarka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Powerdrive Bearings Private Limited is A-401 Wall Street -IiOpp.Orient Club Near Gujarat College Ellis Bridge, Ahmedabad, India, 380009.

  • The corporate identification number (CIN) of Powerdrive Bearings Private Limited is U29130GJ2011PTC065216 and the company number is 065216 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Powerdrive Bearings Private Limited is https://www.powerdrive.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Powerdrive Bearings Private Limited has risen by 64.54%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Powerdrive Bearings Private Limited has experienced an upsurge of 17.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Powerdrive Bearings Private Limited amount to ₹ 11.61 Cr.

  • The most recent Balance Sheet for Powerdrive Bearings Private Limited was filed with the ROC on 31 Mar 2023.

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