Powernet Solutions Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.50 M
- Company Age 26 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.00 M
- Satisfied Charges ₹ 1.42 Cr
- Revenue Growth 23.39%
- Profit Growth 21.13%
- Ebitda 94.55%
- Net Worth 8.44%
- Total Assets 13.54%
About Powernet Solutions
Powernet Solutions Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 April 1999 and has a history of 26 years and one month. Its registered office is in Bangaluru, Karnataka, India.
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.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Consumer Electronics & Durables
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.
Powernet Solutions Private Limited
Explore comprehensive data for Powernet Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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)
Open Charges
₹5.00 M
Satisfied Charges
₹14.23 M
Charges Breakdown by Lending Institutions
- Canara Bank : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Aug 2020 | Canara Bank | ₹5.00 M | Open |
| 19 Sep 2011 | Bank Of Baroda | ₹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.
Latest Updates, News, and FAQs on Powernet Solutions
Recent activity within the organization
- Annual General Meeting
Powernet Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Powernet Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Canara Bank of Rs. 5.00 M registered on 12 Aug 2020 with Charge ID 100375709 was modified on 07 Feb 2023.
- Charges
A charge with Canara Bank amounted to Rs. 5.00 M with Charge ID 100375709 was registered on 12 Aug 2020.
- Charges
A charge registered on 19 Sep 2011 via Charge ID 10313645 with Bank Of Baroda was fully satisfied on 07 Aug 2020.
- Director Appointment
Srinivasappa Thimma Dasappa Bhageerathi was appointed as a Director was appointed as a Director on 22 Jan 2016 & has been associated with this company since 9 years 4 months .
Frequently asked questions
What is the Incorporation or founding date of Powernet Solutions Private Limited?
Powernet Solutions Private Limited was incorporated on 07 Apr 1999.
What is authorized share capital and paid-up capital of Powernet Solutions Private Limited?
The authorized share capital of Powernet Solutions Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.
Who are the current board members & directors of Powernet Solutions Private Limited?
Currently 2 directors are associated with Powernet Solutions Private Limited.
- Kyadigunte Maddanna Krishna Murthy
- Srinivasappa Thimma Dasappa Bhageerathi
What is the registered address of Powernet Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Powernet Solutions Private Limited is No 7 8 Jalaram Industrial Estate, Arekere Gate Bannergatta Road India, Bangalore, Karnataka, 560076.
What is the corporate identification number (CIN) and company number of Powernet Solutions Private Limited?
The corporate identification number (CIN) of Powernet Solutions Private Limited is U31909KA1999PTC025040 and the company number is 025040 as per Ministry of Corporate Affairs (MCA).
What is the official website of Powernet Solutions Private Limited?
The Official website of Powernet Solutions Private Limited is https://www.powernetelevatorcomponents.com
What has been the recent revenue trend for Powernet Solutions Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Powernet Solutions Private Limited has risen by 23.39%.
How many employees does Powernet Solutions Private Limited currently have?
As Per 2022 financial reports, 12 employees are currently employed by Powernet Solutions Private Limited.
What change has been observed in the net worth of Powernet Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Powernet Solutions Private Limited has experienced an upsurge of 8.44%.
What are the total open charges for Powernet Solutions Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Powernet Solutions Private Limited amount to ₹ 5.00 M.
When was the last Balance Sheet of Powernet Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Powernet Solutions Private Limited was filed with the ROC on 31 Mar 2024.
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