Powergate Energy (Mysore) Private Limited

Energy solution provider offering solar products and services, with 6 years of experience and 200+ installations.

2013 | Mysore, Karnataka (India) | Active
Last Updated: January 02, 2025

Powergate Energy (Mysore) Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.10 M
  • Company Age 11 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.00 M
  • Revenue Growth -19.34%
  • Profit Growth 22.91%
  • Ebitda 16.21%
  • Net Worth -2.78%
  • Total Assets 37.31%

About Powergate Energy (Mysore)

Powergate Energy (Mysore) Private Limited (PEMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 October 2013 and has a history of 11 years and three months. Its registered office is in Mysore, Karnataka, India.

The Company is engaged in the Environment 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 2.50 M and a paid-up capital of Rs 1.10 M.

The company currently has active open charges totaling ₹6.00 M.

Guruswamy Saravanan, Mandayam Tippani, Poornima Ramaswamy, and One other member serve as directors at the Company.

Company Details

  • Location

    Mysore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29222KA2013PTC071495

  • Company No.

    071495

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Oct 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Environment

Who are the key members and board of directors at Powergate Energy (Mysore)?

Board Members (4)

Name Designation Appointment Date Status
Guruswamy Saravanan Country flag representing In Whole-Time Director 21-Oct-2013 Current
Mandayam Tippani Country flag representing In Whole-Time Director 21-Oct-2013 Current
Poornima Ramaswamy Country flag representing In Whole-Time Director 21-Oct-2013 Current
Abhishek Country flag representing In Director 11-Oct-2018 Current

Financial Performance of Powergate Energy (Mysore).

Powergate Energy (Mysore) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.34% decrease. The company also saw a substantial improvement in profitability, with a 22.91% increase in profit. The company's net worth dipped by a decrease of 2.78%.

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
-19.34%
Revenue from Operations
-19.47%
Total Assets
37.31%
Profit or Loss
22.91%
Net Worth
-2.78%
EBITDA
16.21%

What is the Ownership and Shareholding Structure of Powergate Energy (Mysore)?

Unlock access to Powergate Energy (Mysore)'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.60 Cr

Latest Charge Details

Date Lender Amount Status
20 Jul 2023 Axis Bank Limited ₹2.00 M Open
06 Jun 2023 Axis Bank Limited ₹4.00 M Open

How Many Employees Work at Powergate Energy (Mysore)?

Unlock and access historical data on people associated with Powergate Energy (Mysore), 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 Powergate Energy (Mysore), 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 Powergate Energy (Mysore)'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 Powergate Energy (Mysore)

Recent activity within the organization

  • Annual General Meeting

    Powergate Energy (Mysore) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Powergate Energy (Mysore) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.00 M with Charge ID 100755023 was registered on 20 Jul 2023.

    20 Jul 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.00 M with Charge ID 100729865 was registered on 06 Jun 2023.

    06 Jun 2023

  • Director Appointment

    Abhishek was appointed as a Director was appointed as a Director on 11 Oct 2018 & has been associated with this company since 6 years 3 months .

    11 Oct 2018

  • Director Appointment

    Guruswamy Saravanan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 21 Oct 2013 & has been associated with this company since 11 years 3 months .

    21 Oct 2013

Frequently asked questions

  • Powergate Energy (Mysore) Private Limited was incorporated on 21 Oct 2013.

  • The authorized share capital of Powergate Energy (Mysore) Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.10 M.

  • Currently 4 directors are associated with Powergate Energy (Mysore) Private Limited.

    • Guruswamy Saravanan
    • Mandayam Kesari Tippani
    • Poornima Ramaswamy
    • Abhishek
  • As per Ministry of Corporate Affairs (Mca), the registered address of Powergate Energy (Mysore) Private Limited is 364 6Th Cross Kamakshi Hospital Road, Kuvempu Nagara India, Mysore, Karnataka, 570009.

  • The corporate identification number (CIN) of Powergate Energy (Mysore) Private Limited is U29222KA2013PTC071495 and the company number is 071495 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Powergate Energy (Mysore) Private Limited is https://www.powergate.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Powergate Energy (Mysore) Private Limited has fallen by -19.34%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Powergate Energy (Mysore) Private Limited has experienced an downturn of -2.78%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Powergate Energy (Mysore) Private Limited amount to ₹ 6.00 M.

  • The most recent Balance Sheet for Powergate Energy (Mysore) Private Limited was filed with the ROC on 31 Mar 2024.

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