Socomec Innovative Power Solutions Private Limited

Manufactures and trades UPS systems and related equipment.

2006 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 11, 2025

Socomec Innovative Power Solutions Profile

Key Indicators

  • Authorised Capital ₹ 62.00 Cr
  • Paid Up Capital ₹ 61.05 Cr
  • Company Age 18 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 11.00 Cr
  • Revenue Growth 24.94%
  • Profit Growth -2.85%
  • Ebitda -172.72%
  • Net Worth 68.86%
  • Total Assets 13.58%

About Socomec Innovative Power Solutions

Socomec Innovative Power Solutions Private Limited (SIPSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 June 2006 and has a history of 18 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Socomec-Numeric Ups 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 62.00 Cr and a paid-up capital of Rs 61.05 Cr.

The company has closed loans amounting to ₹11.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Socomec Innovative Power Solutions Private Limited India is Sonam Garg as COMPANY SECRETARY. Meenu Singhal and Oniel Dissanayake serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31200TN2006PTC060156

  • Company No.

    060156

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jun 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Electronics & Durables

What products or services does Socomec Innovative Power Solutions Private Limited offer?

Socomec Innovative Power Solutions Private Limited offers a wide range of products and services, including Router, Cables & Networking Devices, Networking Devices and Equipment, Adaptors, Plugs & Sockets, Extension Board, Fuses, Circuit Breakers & Components, Current Limiting and Changeover Devices, Electrical & Electronic Test Devices, Ammeter, Inverters, UPS and Converters, UPS.

Who are the key members and board of directors at Socomec Innovative Power Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Sonam Garg Country flag representing In Company Secretary08-Nov-2023Current

Board Members (2)

NameDesignationAppointment DateStatus
Meenu Singhal Country flag representing In Director 15-May-2023Current
Oniel Dissanayake Country flag representing Lk Director 16-Feb-2022Current

Financial Performance of Socomec Innovative Power Solutions.

Socomec Innovative Power Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 24.94% increase. The company also saw a slight decrease in profitability, with a 2.85% decrease in profit. The company's net worth Soared by an impressive increase of 68.86%.

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
24.94%
Revenue from Operations
20.44%
Total Assets
13.58%
Profit or Loss
-2.85%
Net Worth
68.86%
EBITDA
-172.72%

What is the Ownership and Shareholding Structure of Socomec Innovative Power Solutions?

In 2022, Socomec Innovative Power Solutions 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

₹0

Satisfied Charges

₹11.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 6.00 Cr
  • Bnp Paribas : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Feb 2015Bnp Paribas₹5.00 CrSatisfied
15 Oct 2007Hdfc Bank Limited₹6.00 CrSatisfied

How Many Employees Work at Socomec Innovative Power Solutions?

Socomec Innovative Power Solutions has a workforce of 162 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 Socomec Innovative Power Solutions, 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 Socomec Innovative Power Solutions'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 Socomec Innovative Power Solutions

Recent activity within the organization

  • Annual General Meeting

    Socomec Innovative Power Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Socomec Innovative Power Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Sonam Garg was appointed as a Company Secretary was appointed as a Company Secretary on 08 Nov 2023 & has been associated with this company since 1 year 2 months .

    08 Nov 2023

  • Director Appointment

    Meenu Singhal was appointed as a Director was appointed as a Director on 15 May 2023 & has been associated with this company since 1 year 8 months .

    15 May 2023

  • Director Appointment

    Oniel Ramindu Dissanayake was appointed as a Director was appointed as a Director on 16 Feb 2022 & has been associated with this company since 2 years 11 months .

    16 Feb 2022

  • Charges

    A charge registered on 16 Feb 2015 via Charge ID 10553845 with Bnp Paribas was fully satisfied on 05 May 2020.

    05 May 2020

Frequently asked questions

  • Socomec Innovative Power Solutions Private Limited was incorporated on 09 Jun 2006.

  • The authorized share capital of Socomec Innovative Power Solutions Private Limited is ₹ 62.00 Cr and paid-up capital is ₹ 61.05 Cr.

  • Currently 3 directors are associated with Socomec Innovative Power Solutions Private Limited.

    • Meenu Singhal
    • Oniel Ramindu Dissanayake
    • Sonam Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Socomec Innovative Power Solutions Private Limited is B-1, Thiru Vi Industrial Estate Guindy India, Chennai, Tamil Nadu, 600032.

  • The corporate identification number (CIN) of Socomec Innovative Power Solutions Private Limited is U31200TN2006PTC060156 and the company number is 060156 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Socomec Innovative Power Solutions Private Limited is https://www.socomec.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Socomec Innovative Power Solutions Private Limited has risen by 24.94%.

  • As Per 2022 financial reports, 162 employees are currently employed by Socomec Innovative Power Solutions Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Socomec Innovative Power Solutions Private Limited has experienced an upsurge of 68.86%.

  • The most recent Balance Sheet for Socomec Innovative Power Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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