Prowess Engineering Private Limited

Manufactures radiators for power and distribution transformers, with a joint venture in Thailand.

2008 | Pune, Maharashtra (India) | Active
Last Updated: October 24, 2024

Prowess Engineering Profile

Key Indicators

  • Authorised Capital ₹ 12.50 Cr
  • Paid Up Capital ₹ 12.50 Cr
  • Company Age 16 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.07 Cr
  • Revenue Growth 130.44%
  • Profit Growth 255.30%
  • Ebitda 4796.97%
  • Net Worth 799.53%
  • Total Assets 26.49%

About Prowess Engineering

Prowess Engineering Private Limited (PEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 September 2008 and has a history of 16 years and four months. Its registered office is in Pune, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 12.50 Cr and a paid-up capital of Rs 12.50 Cr.

The company currently has active open charges totaling ₹1.07 Cr.

The Key Managerial Personnel (KMP) at Prowess Engineering Private Limited India is Kamal Gupta as COMPANY SECRETARY. Rahul Kutty and Shilpi Kutty serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29299PN2008PTC132737

  • Company No.

    132737

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Sep 2008

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Energy and Power

What products or services does Prowess Engineering Private Limited offer?

Prowess Engineering Private Limited offers a wide range of products and services, including Metal Tank, MS Tanks, Distribution Transformer, Oil-Cooled Distribution Transformer, Building Panels & Cladding Materials, Wall & Roof Panels, Transformers & Transformer Parts, Transformer Parts, Electrical Laminations.

Who are the key members and board of directors at Prowess Engineering?

Executive Team (2)

Name Designation Appointment Date Status
Rahul Kutty Country flag representing In Managing Director 05-Sep-2008 Current
Kamal Gupta Company Secretary Current

Board Members (1)

Name Designation Appointment Date Status
Shilpi Kutty Country flag representing In Director 06-Jun-2023 Current

Financial Performance of Prowess Engineering.

Prowess Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 130.44% increase. The company also saw a substantial improvement in profitability, with a 255.3% increase in profit. The company's net worth Soared by an impressive increase of 799.53%.

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
130.44%
Revenue from Operations
129.58%
Total Assets
26.49%
Profit or Loss
255.30%
Net Worth
799.53%
EBITDA
4796.97%

What is the Ownership and Shareholding Structure of Prowess Engineering?

In 2023, Prowess Engineering 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

₹1.07 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.87 Cr
  • Icici Bank Limited : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
03 Sep 2014 Icici Bank Limited ₹2.00 M Open
31 Oct 2009 Others ₹8.71 M Open

How Many Employees Work at Prowess Engineering?

Prowess Engineering has a workforce of 8 employees as of Apr 09, 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 Prowess Engineering, 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 Prowess Engineering'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 Prowess Engineering

Recent activity within the organization

  • Annual General Meeting

    Prowess Engineering Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Director Appointment

    Shilpi Kutty was appointed as a Director was appointed as a Director on 06 Jun 2023 & has been associated with this company since 1 year 7 months .

    06 Jun 2023

  • Balance Sheet

    Prowess Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 0.87 Cr registered on 31 Oct 2009 with Charge ID 10184504 was modified on 29 Mar 2019.

    29 Mar 2019

  • Charges

    A charge with Icici Bank Limited amounted to Rs. 0.20 Cr with Charge ID 10576634 was registered on 03 Sep 2014.

    03 Sep 2014

  • Charges

    A charge with Others amounted to Rs. 0.87 Cr with Charge ID 10184504 was registered on 31 Oct 2009.

    31 Oct 2009

Frequently asked questions

  • Prowess Engineering Private Limited was incorporated on 05 Sep 2008.

  • The authorized share capital of Prowess Engineering Private Limited is ₹ 12.50 Cr and paid-up capital is ₹ 12.50 Cr.

  • Currently 3 directors are associated with Prowess Engineering Private Limited.

    • Rahul Kutty
    • Shilpi Kutty
    • Kamal Kumar Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prowess Engineering Private Limited is Gat No. 262/263/264 Nanekarwadi, Chakan India, Pune, Maharashtra, 410501.

  • The corporate identification number (CIN) of Prowess Engineering Private Limited is U29299PN2008PTC132737 and the company number is 132737 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prowess Engineering Private Limited is https://www.prowessengg.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prowess Engineering Private Limited has risen by 130.44%.

  • As Per 2023 financial reports, 8 employees are currently employed by Prowess Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prowess Engineering Private Limited has experienced an upsurge of 799.53%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prowess Engineering Private Limited amount to ₹ 1.07 Cr.

  • The most recent Balance Sheet for Prowess Engineering Private Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Power Equipment Manufacturers