Powernet Solutions Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
as on 08-01-2025
- Paid Up Capital ₹ 2.50 M
as on 08-01-2025
- Company Age 25 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.00 M
as on 08-01-2025
- Satisfied Charges ₹ 1.42 Cr
as on 08-01-2025
- Revenue 23.39%
(FY 2022)
- Profit 21.13%
(FY 2022)
- Ebitda 94.55%
(FY 2022)
- Net Worth 8.44%
(FY 2022)
- Total Assets 13.54%
(FY 2022)
About Powernet Solutions
The Company is engaged in the Consumer Electronics & Durables 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 2.50 M.
The company currently has active open charges totaling ₹5.00 M. The company has closed loans amounting to ₹1.42 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kyadigunte Murthy and Srinivasappa Bhageerathi serve as directors at the Company.
- CIN/LLPIN
U31909KA1999PTC025040
- Company No.
025040
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Apr 1999
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Powernet Solutions Private Limited offer?
Powernet Solutions Private Limited offers a wide range of products and services, including VFD, PLC, HMI & Control Equipments, Voltage Drives, Inverters, UPS and Converters, Industrial Inverter, Solar Inverter, Solar Power Conditioning Units, UPS, Offline UPS, Line Interactive UPS, Elevators & Escalators.
Who are the key members and board of directors at Powernet Solutions?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kyadigunte Murthy  | Director | 07-Apr-1999 | Current |
| Srinivasappa Bhageerathi | Director | 22-Jan-2016 | Current |
Financial Performance of Powernet Solutions.
Powernet Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 23.39% increase. The company also saw a substantial improvement in profitability, with a 21.13% increase in profit. The company's net worth moved up by a moderate rise of 8.44%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Powernet Solutions?
In 2022, Powernet Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Canara Bank Creation Date: 12 Aug 2020 | ₹5.00 M | Open |
Bank Of Baroda Creation Date: 19 Sep 2011 | ₹1.42 Cr | Satisfied |
How Many Employees Work at Powernet Solutions?
Powernet Solutions has a workforce of 12 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 Powernet Solutions, 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 Powernet Solutions'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.
