Prashant West Point Machinery Private Limited

Manufacturer of textile machinery and provider of related services for various industries.

2005 | Ahmedabad, Gujarat (India) | Active
Last Updated: June 17, 2024

Prashant West Point Machinery Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.80 M
  • Company Age 19 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.00 Cr
  • Revenue Growth 48.46%
  • Profit Growth 106.66%
  • Ebitda 76.49%
  • Net Worth 26.22%
  • Total Assets -38.02%

About Prashant West Point Machinery

Prashant West Point Machinery Private Limited (PWPMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 May 2005 and has a history of 19 years and eight months. Its registered office is in Ahmedabad, 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.80 M.

The company currently has active open charges totaling ₹10.00 Cr.

Apurva Kapadia, Amoli Shah, Bhavin Shah, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29269GJ2005PTC046040

  • Company No.

    046040

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 May 2005

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Prashant West Point Machinery Private Limited offer?

Prashant West Point Machinery Private Limited offers a wide range of products and services, including Sewing,Knitting & Embroidery Machine, Warping Machines, Carts, Dollies & Trolleys, Luggage Trolley, Warping Creel, Cranes, Forklift & Lifting Machines, Crane Trolley, Trolley, Industrial Racks & Storage System, Automated Storage & Retrieval System.

Who are the key members and board of directors at Prashant West Point Machinery?

Board Members (4)

NameDesignationAppointment DateStatus
Apurva Kapadia Country flag representing In Director 13-Jul-2005Current
Amoli Shah Country flag representing In Director 13-Jul-2005Current
Bhavin Shah Country flag representing In Director 10-May-2005Current
Prakashbhai Shah Country flag representing In Director 10-May-2005Current

Financial Performance of Prashant West Point Machinery.

Prashant West Point Machinery Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 48.46% increase. The company also saw a substantial improvement in profitability, with a 106.66% increase in profit. The company's net worth Soared by an impressive increase of 26.22%.

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
48.46%
Revenue from Operations
47.93%
Total Assets
-38.02%
Profit or Loss
106.66%
Net Worth
26.22%
EBITDA
76.49%

What is the Ownership and Shareholding Structure of Prashant West Point Machinery?

In 2023, Prashant West Point Machinery had a promoter holding of 96.84% and a public holding of 3.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹100.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jul 2011Hdfc Bank Limited₹10.00 CrOpen

How Many Employees Work at Prashant West Point Machinery?

Prashant West Point Machinery has a workforce of 71 employees as of Mar 22, 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 Prashant West Point Machinery, 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 Prashant West Point Machinery'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 Prashant West Point Machinery

Recent activity within the organization

  • Annual General Meeting

    Prashant West Point Machinery Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Balance Sheet

    Prashant West Point Machinery Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 100.00 M registered on 06 Jul 2011 with Charge ID 10302217 was modified on 07 Jun 2018.

    07 Jun 2018

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 100.00 M with Charge ID 10302217 was registered on 06 Jul 2011.

    06 Jul 2011

  • Director Appointment

    Apurva Navinchandra Kapadia was appointed as a Director was appointed as a Director on 13 Jul 2005 & has been associated with this company since 19 years 6 months .

    13 Jul 2005

  • Director Appointment

    Amoli Prakash Shah was appointed as a Director was appointed as a Director on 13 Jul 2005 & has been associated with this company since 19 years 6 months .

    13 Jul 2005

Frequently asked questions

  • Prashant West Point Machinery Private Limited was incorporated on 10 May 2005.

  • The authorized share capital of Prashant West Point Machinery Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.80 M.

  • Currently 4 directors are associated with Prashant West Point Machinery Private Limited.

    • Apurva Navinchandra Kapadia
    • Amoli Prakash Shah
    • Bhavin Hemendrabhai Shah
    • Prakashbhai Hemendrabhai Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prashant West Point Machinery Private Limited is Plot No 4/ A-3 G.I.D.C Estate Phase-1 Near Sbi Vatva, Ahmedabad, Gujarat, India, 382445.

  • The corporate identification number (CIN) of Prashant West Point Machinery Private Limited is U29269GJ2005PTC046040 and the company number is 046040 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prashant West Point Machinery Private Limited is https://www.prashantgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prashant West Point Machinery Private Limited has risen by 48.46%.

  • As Per 2023 financial reports, 71 employees are currently employed by Prashant West Point Machinery Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prashant West Point Machinery Private Limited has experienced an upsurge of 26.22%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prashant West Point Machinery Private Limited amount to ₹ 10.00 Cr.

  • The most recent Balance Sheet for Prashant West Point Machinery Private Limited was filed with the ROC on 31 Mar 2023.

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