Powertech Equipment Private Limited

Authorized dealer of construction machinery equipment, including backhoe loaders and loaders.

2007 | Surat, Gujarat (India) | Active
Last Updated: November 15, 2024

Powertech Equipment Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.35 M
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 14.90 Cr
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth 42.48%
  • Profit Growth 118.57%
  • Ebitda 33.20%
  • Net Worth 21.08%
  • Total Assets 29.99%

About Powertech Equipment

Powertech Equipment Private Limited (PEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 March 2007 and has a history of 17 years and ten months. Its registered office is in Surat, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.35 M.

The company currently has active open charges totaling ₹14.90 Cr. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jigar Patel, Jitendrabhai Patel, Raj Patel, and One other member serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    powertechequip.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52390GJ2007PTC050362

  • Company No.

    050362

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Mar 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

Who are the key members and board of directors at Powertech Equipment?

Executive Team (1)

NameDesignationAppointment DateStatus
Jitendrabhai Patel Country flag representing In Managing Director29-Mar-2007Current

Board Members (3)

NameDesignationAppointment DateStatus
Jigar Patel Country flag representing In Director 29-Mar-2007Current
Raj Patel Country flag representing In Director 03-Sep-2014Current
Namrata Patel Director 17-Aug-2024Current

Financial Performance of Powertech Equipment.

Powertech Equipment Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.48% increase. The company also saw a substantial improvement in profitability, with a 118.57% increase in profit. The company's net worth Soared by an impressive increase of 21.08%.

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
42.48%
Revenue from Operations
42.33%
Total Assets
29.99%
Profit or Loss
118.57%
Net Worth
21.08%
EBITDA
33.20%

What is the Ownership and Shareholding Structure of Powertech Equipment?

In 2023, Powertech Equipment 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

₹149.03 M

Satisfied Charges

₹30.00 M

Charges Breakdown by Lending Institutions

  • Others : 7.63 Cr
  • Axis Bank Limited : 7.19 Cr
  • Hdfc Bank Limited : 0.08 Cr

Latest Charge Details

DateLenderAmountStatus
07 Mar 2024Others₹6.00 CrOpen
09 May 2023Axis Bank Limited₹3.30 MOpen
01 Mar 2023Others₹1.80 MOpen
29 Apr 2022Others₹5.18 MOpen
27 Jul 2021Hdfc Bank Limited₹0.80 MOpen

How Many Employees Work at Powertech Equipment?

Unlock and access historical data on people associated with Powertech Equipment, 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 Powertech Equipment, 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 Powertech Equipment'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 Powertech Equipment

Recent activity within the organization

  • Annual General Meeting

    Powertech Equipment Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Namrata Raj Patel was appointed as a Director was appointed as a Director on 17 Aug 2024 & has been associated with this company since 6 months 5 days .

    17 Aug 2024

  • Balance Sheet

    Powertech Equipment Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 60.00 M with Charge ID 100887660 was registered on 07 Mar 2024.

    07 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.30 M with Charge ID 100718783 was registered on 09 May 2023.

    09 May 2023

  • Charges

    A charge with Others amounted to Rs. 1.80 M with Charge ID 100691630 was registered on 01 Mar 2023.

    01 Mar 2023

Frequently asked questions

  • Powertech Equipment Private Limited was incorporated on 29 Mar 2007.

  • The authorized share capital of Powertech Equipment Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.35 M.

  • Currently 4 directors are associated with Powertech Equipment Private Limited.

    • Jigar Devendrabhai Patel
    • Jitendrabhai Vitthalbhai Patel
    • Raj Jitendrabhai Patel
    • Namrata Raj Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Powertech Equipment Private Limited is Block No. 5362 Near Sanjivani Hospital Beside Cng Pump N.H.No. 8, Kadodara India, Surat, Gujarat, 394305.

  • The corporate identification number (CIN) of Powertech Equipment Private Limited is U52390GJ2007PTC050362 and the company number is 050362 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Powertech Equipment Private Limited is https://www.powertechequip.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Powertech Equipment Private Limited has risen by 42.48%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Powertech Equipment Private Limited has experienced an upsurge of 21.08%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Powertech Equipment Private Limited amount to ₹ 14.90 Cr.

  • The most recent Balance Sheet for Powertech Equipment Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Industrial Machinery Retail & Distribution