Powerit Technologies Private Limited

Provides power and IT solutions such as backup, data center, networking, audiovisual, and automation.

2016 | Korattur, Tamil Nadu (India) | Active
Last Updated: December 20, 2024

Powerit Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.28 Cr
  • Paid Up Capital ₹ 1.28 Cr
  • Company Age 8 Year, 4 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth -58.32%
  • Profit Growth -79.90%
  • Ebitda -47.72%
  • Net Worth 5.44%
  • Total Assets 26.73%

About Powerit Technologies

Powerit Technologies Private Limited (PTPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 September 2016 (Eight years and four months 18 days old ). Its registered office is in Korattur, Tamil Nadu.

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 2021. It's a company limited by shares with an authorized capital of Rs 1.28 Cr and a paid-up capital of Rs 1.28 Cr, as per Ministry of Corporate Affairs (MCA) records.

Venkatesh Anand and Gnanasekaran serve as directors at the Company.

Company Details

  • Location
    Korattur, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52609TN2016PTC112506

  • Company No.

    112506

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Sep 2016

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

What products or services does Powerit Technologies Private Limited offer?

Powerit Technologies Private Limited offers a wide range of products and services, including Residential & Commercial Security, Cash Escort Services, Batteries & Charge Storage Devices, Inverter Batteries, Online UPS, APC Online UPS, Inverter Battery, Rocket SMF Battery, Luminous Online UPS, UPS.

Who are the key members and board of directors at Powerit Technologies?

Board Members (2)

Name Designation Appointment Date Status
Venkatesh Anand Country flag representing In Director 01-Apr-2018 Current
Gnanasekaran Country flag representing In Director 01-Apr-2018 Current

Financial Performance of Powerit Technologies.

Powerit Technologies Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 58.32% decrease. The company also saw a substantial fall in profitability, with a 79.9% decrease in profit. The company's net worth moved up by a moderate rise of 5.44%.

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
-58.32%
Revenue from Operations
-58.29%
Total Assets
26.73%
Profit or Loss
-79.90%
Net Worth
5.44%
EBITDA
-47.72%

What is the Ownership and Shareholding Structure of Powerit Technologies?

In 2021, Powerit Technologies 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Powerit Technologies?

Powerit Technologies has a workforce of 41 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Powerit Technologies, 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 Powerit Technologies'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 Powerit Technologies

Recent activity within the organization

  • Annual General Meeting

    Powerit Technologies Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Powerit Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.

    31 Mar 2021

  • Director Appointment

    Venkatesh Vijay Anand was appointed as a Director was appointed as a Director on 01 Apr 2018 & has been associated with this company since 6 years 10 months .

    01 Apr 2018

  • Director Appointment

    Gnanasekaran was appointed as a Director was appointed as a Director on 01 Apr 2018 & has been associated with this company since 6 years 10 months .

    01 Apr 2018

  • Company Incorporation

    Powerit Technologies Private Limited was registered on 15 Sep 2016 with Roc Chennai & aged 8 years 4 months as per MCA records.

    15 Sep 2016

Frequently asked questions

  • Powerit Technologies Private Limited was incorporated on 15 Sep 2016.

  • The authorized share capital of Powerit Technologies Private Limited is ₹ 1.28 Cr and paid-up capital is ₹ 1.28 Cr.

  • Currently 2 directors are associated with Powerit Technologies Private Limited.

    • Venkatesh Vijay Anand
    • Gnanasekaran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Powerit Technologies Private Limited is Plot No. Mig-67 New Door No.25 2Nd Floor Sri Ram Centre 2Nd Street Periar Nagar, T Nhb Colony India, Korattur, Tamil Nadu, 600080.

  • The corporate identification number (CIN) of Powerit Technologies Private Limited is U52609TN2016PTC112506 and the company number is 112506 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Powerit Technologies Private Limited is https://www.power-it.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Powerit Technologies Private Limited has fallen by -58.32%.

  • As Per 2021 financial reports, 41 employees are currently employed by Powerit Technologies Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Powerit Technologies Private Limited has experienced an upsurge of 5.44%.

  • The most recent Balance Sheet for Powerit Technologies Private Limited was filed with the ROC on 31 Mar 2021.

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