Prime Tech Accumulators Private Limited

Manufacturer and distributor of industrial and solar batteries for various applications.

2002 | Bangaluru, Karnataka (India) | Active
Last Updated: January 12, 2025

Prime Tech Accumulators Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 3.50 M
  • Company Age 22 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.68 Cr
  • Satisfied Charges ₹ 1.85 Cr
  • Revenue Growth 9.49%
  • Profit Growth 242.17%
  • Ebitda 189.65%
  • Net Worth 8.94%
  • Total Assets 3.43%

About Prime Tech Accumulators

Prime Tech Accumulators Private Limited (PTAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 July 2002 and has a history of 22 years and six months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Energy And Power 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 3.50 M and a paid-up capital of Rs 3.50 M.

The company currently has active open charges totaling ₹2.68 Cr. The company has closed loans amounting to ₹1.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

Viswanath Belakere and Sathyendra Rao serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U31401KA2002PTC030817

  • Company No.

    030817

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jul 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy and Power

What products or services does Prime Tech Accumulators Private Limited offer?

Prime Tech Accumulators Private Limited offers a wide range of products and services, including Batteries & Charge Storage Devices, Industrial Batteries.

Who are the key members and board of directors at Prime Tech Accumulators?

Board Members (2)

Name Designation Appointment Date Status
Viswanath Belakere Country flag representing In Director 24-Jul-2002 Current
Sathyendra Rao Country flag representing In Director 24-Jul-2002 Current

Financial Performance of Prime Tech Accumulators.

Prime Tech Accumulators Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 9.49% increase. The company also saw a substantial improvement in profitability, with a 242.17% increase in profit. The company's net worth moved up by a moderate rise of 8.94%.

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
9.49%
Revenue from Operations
9.98%
Total Assets
3.43%
Profit or Loss
242.17%
Net Worth
8.94%
EBITDA
189.65%

What is the Ownership and Shareholding Structure of Prime Tech Accumulators?

In 2021, Prime Tech Accumulators 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

₹26.80 M

Satisfied Charges

₹18.47 M

Charges Breakdown by Lending Institutions

  • Others : 2.68 Cr

Latest Charge Details

Date Lender Amount Status
22 Dec 2014 Others ₹2.68 Cr Open
06 Jan 2010 The Karur Vysya Bank Limited ₹1.50 M Satisfied
11 Aug 2009 The Karur Vysya Bank Limited ₹8.00 M Satisfied
25 Jun 2009 The Karur Vysya Bank Limited ₹0.39 M Satisfied
11 Jun 2009 The Karur Vysya Bank Limited ₹1.32 M Satisfied

How Many Employees Work at Prime Tech Accumulators?

Prime Tech Accumulators has a workforce of 23 employees as of Apr 06, 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 Prime Tech Accumulators, 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 Prime Tech Accumulators'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 Prime Tech Accumulators

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Prime Tech Accumulators Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 26.80 M registered on 22 Dec 2014 with Charge ID 10538816 was modified on 25 Jul 2023.

    25 Jul 2023

  • Charges

    A charge registered on 06 Jan 2010 via Charge ID 10200825 with The Karur Vysya Bank Limited was fully satisfied on 27 Apr 2015.

    27 Apr 2015

  • Charges

    A charge registered on 11 Aug 2009 via Charge ID 10174556 with The Karur Vysya Bank Limited was fully satisfied on 27 Apr 2015.

    27 Apr 2015

  • Charges

    A charge registered on 25 Jun 2009 via Charge ID 10164148 with The Karur Vysya Bank Limited was fully satisfied on 27 Apr 2015.

    27 Apr 2015

Frequently asked questions

  • Prime Tech Accumulators Private Limited was incorporated on 24 Jul 2002.

  • The authorized share capital of Prime Tech Accumulators Private Limited is ₹ 3.50 M and paid-up capital is ₹ 3.50 M.

  • Currently 2 directors are associated with Prime Tech Accumulators Private Limited.

    • Viswanath Belakere
    • Sathyendra Gujjer Narayana Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prime Tech Accumulators Private Limited is No.151/A 3Rd Cross 5Th Main Industrial Suburb 2Nd Stage, India, Yeshwanthpur Bangalore, Karnataka, 560022.

  • The corporate identification number (CIN) of Prime Tech Accumulators Private Limited is U31401KA2002PTC030817 and the company number is 030817 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prime Tech Accumulators Private Limited is https://www.primetechaccumulators.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Prime Tech Accumulators Private Limited has risen by 9.49%.

  • As Per 2022 financial reports, 23 employees are currently employed by Prime Tech Accumulators Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Prime Tech Accumulators Private Limited has experienced an upsurge of 8.94%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Prime Tech Accumulators Private Limited amount to ₹ 2.68 Cr.

  • The most recent Balance Sheet for Prime Tech Accumulators Private Limited was filed with the ROC on 31 Mar 2024.

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