Servotech Renewable Power System Limited

Founded in 2004 and headquartered in Delhi, India.

2004 | Delhi (India) | Active
Last Updated:

Servotech Renewable Power System Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 22.29 Cr
  • Company Age 20 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 209.41 Cr
  • Satisfied Charges ₹ 37.35 Cr
  • Revenue Growth 1.05%
  • Profit Growth 13.30%
  • Ebitda -1.72%
  • Net Worth 2.50%
  • Total Assets 19.83%

About Servotech Renewable Power System

Servotech Renewable Power System Limited (SRPSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 September 2004 and has a history of 20 years and five months. Its registered office is in Delhi, India.

It is listed on the National Stock Exchange(NSE) under the ticker symbol SERVOTECH.

The Corporate was formerly known as Servotech Power Systems Private Limited. 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 50.00 Cr and a paid-up capital of Rs 22.29 Cr.

The company currently has active open charges totaling ₹209.41 Cr. The company has closed loans amounting to ₹37.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Servotech Renewable Power System Limited India are Vikas Bhatia as CFO and Rupinder Kaur as Company Secretary. Raman Bhatia, Sarika Bhatai, Sampat Rai, and Three other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L31200DL2004PLC129379

  • Company No.

    129379

  • Stock Symbol

    NSE : SERVOTECH

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Sep 2004

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables

What products or services does Servotech Renewable Power System Limited offer?

Servotech Renewable Power System Limited offers a wide range of products and services, including Resistors & Other Passive Devices, Film Capacitors, Voltage Stabilizers, Servo Voltage Stabilizer, Flood Lights, LED Floodlight, Street Lights, LED Street Light, LED Bulb, Frosted LED Bulb.

Who are the key members and board of directors at Servotech Renewable Power System?

Executive Team (3)

NameDesignationAppointment DateStatus
Raman Bhatia Country flag representing In Managing Director24-Sep-2004Current
Vikas Bhatia Country flag representing In CFO22-May-2020Current
Rupinder Kaur Country flag representing In Company Secretary04-Nov-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Sarika Bhatai Country flag representing In Whole-Time Director 24-Sep-2004Current
Anupam Gupta Country flag representing In Director 12-Feb-2021Current
Sampat Rai Country flag representing In Director 09-Aug-2022Current
Rajesh Rai Country flag representing In Director 12-Feb-2021Current
Meenakshisundaram Kolandaivel Country flag representing In Director 25-Jun-2023Current

Financial Performance of Servotech Renewable Power System.

Servotech Power Systems Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 1.05% increase. The company also saw a substantial improvement in profitability, with a 13.3% increase in profit. The company's net worth moved up by a moderate rise of 2.5%.

Servotech Renewable Power System revenue growth over time
Servotech Renewable Power System 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
1.05%
Revenue from Operations
0.64%
Total Assets
19.83%
Profit or Loss
13.30%
Net Worth
2.50%
EBITDA
-1.72%

What is the Ownership and Shareholding Structure of Servotech Renewable Power System?

In 2021, Servotech Renewable Power System had a promoter holding of 70.23% and a public holding of 29.77%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹209.41 Cr

Satisfied Charges

₹37.35 Cr

Charges Breakdown by Lending Institutions

  • Others : 138.87 Cr
  • Hdfc Bank Limited : 70.05 Cr
  • Axis Bank Limited : 0.49 Cr

Latest Charge Details

DateLenderAmountStatus
23 Nov 2023Others₹3.00 CrOpen
16 Aug 2023Others₹10.00 CrOpen
31 Mar 2023Others₹7.00 CrOpen
29 Nov 2022Others₹6.00 CrOpen
22 Sep 2022Others₹44.00 CrOpen

How Many Employees Work at Servotech Renewable Power System?

Servotech Renewable Power System has a workforce of 95 employees as of Apr 07, 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.

Employee growth trends for Servotech Renewable Power System Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Servotech Renewable Power System, 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 Servotech Renewable Power System'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 Servotech Renewable Power System

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 70.00 Cr registered on 20 Sep 2021 with Charge ID 100482178 was modified on 09 Dec 2024.

  • Charges

    A charge with Others of Rs. 44.00 Cr registered on 22 Sep 2022 with Charge ID 100629012 was modified on 02 Dec 2024.

  • Charges

    A charge registered on 02 May 2023 via Charge ID 100718722 with Citi Bank N.A. was fully satisfied on 15 Oct 2024.

  • Annual General Meeting

    Servotech Renewable Power System Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Servotech Renewable Power System Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with Others of Rs. 3.00 Cr registered on 23 Nov 2023 with Charge ID 100828686 was modified on 24 Nov 2023.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Servotech Renewable Power System Limited?

    Servotech Renewable Power System Limited was incorporated on 24 Sep 2004.

  • What is authorized share capital and paid-up capital of Servotech Renewable Power System Limited?

    The authorized share capital of Servotech Renewable Power System Limited is ₹ 50.00 Cr and paid-up capital is ₹ 22.29 Cr.

  • Who are the current board members & directors of Servotech Renewable Power System Limited?

    Currently 8 directors are associated with Servotech Renewable Power System Limited.

    • Raman Bhatia
    • Sarika Bhatai
    • Sampat Rai
    • Rajesh Mohan Rai
    • Anupam Gupta
    • Meenakshisundaram Kolandaivel
    • Vikas Bhatia
    • Rupinder Kaur

  • What is the registered address of Servotech Renewable Power System Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Servotech Renewable Power System Limited is 806 8Th Floor Crown Heights Hotel Plaza Sector 10, Rohini India, Delhi, 110085.

  • What is the corporate identification number (CIN) and company number of Servotech Renewable Power System Limited?

    The corporate identification number (CIN) of Servotech Renewable Power System Limited is L31200DL2004PLC129379 and the company number is 129379 as per Ministry of Corporate Affairs (MCA).

  • Is Servotech Renewable Power System Limited registered with any stock exchange in India?

    Yes, Servotech Renewable Power System Limited is registered on National Stock Exchange (NSE).

  • What is the official website of Servotech Renewable Power System Limited?

    The Official website of Servotech Renewable Power System Limited is https://www.servotech.in

  • What has been the recent revenue trend for Servotech Renewable Power System Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Servotech Renewable Power System Limited has risen by 1.05%.

  • How many employees does Servotech Renewable Power System Limited currently have?

    As Per 2021 financial reports, 95 employees are currently employed by Servotech Renewable Power System Limited.

  • What change has been observed in the net worth of Servotech Renewable Power System Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Servotech Renewable Power System Limited has experienced an upsurge of 2.50%.

  • What are the total open charges for Servotech Renewable Power System Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Servotech Renewable Power System Limited amount to ₹ 209.41 Cr.

  • When was the last Balance Sheet of Servotech Renewable Power System Limited filed with the ROC?

    The most recent Balance Sheet for Servotech Renewable Power System Limited was filed with the ROC on 31 Mar 2024.

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