Spowerz Solutions Private Limited

Manufactures panel meters and provides energy management and building solutions for various industries.

2016 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: January 10, 2025

Spowerz Solutions Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 8 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.63 M
  • Revenue Growth -33.56%
  • Profit Growth 74.19%
  • Ebitda -8.57%
  • Net Worth 3.25%
  • Total Assets -2.28%

About Spowerz Solutions

Spowerz Solutions Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 May 2016 (Eight years and nine months 4 days old ). Its registered office is in Kanchipuram, Tamil Nadu, 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹7.63 M.

Ramnath Subra, Venugopalan Venkataraman, Shankar Raman, and One other member serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31900TN2016PTC110159

  • Company No.

    110159

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 May 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Energy and Power

What products or services does Spowerz Solutions Private Limited offer?

Spowerz Solutions Private Limited offers a wide range of products and services, including Electrical & Electronic Test Devices, Energy Meter, Electrical & Signaling Contractors, Lighting Service, Fuses, Circuit Breakers & Components, Solar Protection Devices, Measuring Equipments & Instruments, Measurement Instrument, Process Control Systems & Equipments, Limit Controller.

Who are the key members and board of directors at Spowerz Solutions?

Board Members (4)

Name Designation Appointment Date Status
Shankar Raman Country flag representing In Director 01-May-2016 Current
Ramnath Subra Country flag representing In Director 01-Oct-2017 Current
Venugopalan Venkataraman Country flag representing In Director 09-May-2016 Current
Abdul Aziz Country flag representing In Director 09-May-2016 Current

Financial Performance of Spowerz Solutions.

Spowerz Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.56% decrease. The company also saw a substantial improvement in profitability, with a 74.19% increase in profit. The company's net worth moved up by a moderate rise of 3.25%.

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
-33.56%
Revenue from Operations
-33.59%
Total Assets
-2.28%
Profit or Loss
74.19%
Net Worth
3.25%
EBITDA
-8.57%

What is the Ownership and Shareholding Structure of Spowerz Solutions?

In 2023, Spowerz Solutions had a public holding of 30.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.63 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.76 Cr

Latest Charge Details

Date Lender Amount Status
21 Jul 2020 Canara Bank ₹0.60 M Open
30 Mar 2017 Canara Bank ₹7.03 M Open

How Many Employees Work at Spowerz Solutions?

Spowerz Solutions has a workforce of 30 employees as of Mar 30, 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 Spowerz 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 Spowerz 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 Spowerz Solutions

Recent activity within the organization

  • Annual General Meeting

    Spowerz 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

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

    31 Mar 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 0.60 M with Charge ID 100366125 was registered on 21 Jul 2020.

    21 Jul 2020

  • Charges

    A charge with Canara Bank of Rs. 7.03 M registered on 30 Mar 2017 with Charge ID 100097798 was modified on 27 May 2020.

    27 May 2020

  • Director Appointment

    Ramnath Mani Subra was appointed as a Director was appointed as a Director on 01 Oct 2017 & has been associated with this company since 7 years 4 months .

    01 Oct 2017

  • Charges

    A charge with Canara Bank amounted to Rs. 7.03 M with Charge ID 100097798 was registered on 30 Mar 2017.

    30 Mar 2017

Frequently asked questions

  • Spowerz Solutions Private Limited was incorporated on 01 May 2016.

  • The authorized share capital of Spowerz Solutions Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 4 directors are associated with Spowerz Solutions Private Limited.

    • Ramnath Mani Subra
    • Venugopalan Venkataraman
    • Shankar Raman
    • Abdul Kalam Azad Abdul Aziz
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spowerz Solutions Private Limited is F1 Krishna Flats No.4 3Rd Street Govindasamy Nagar, Madipakkam India, Chennai, Tamil Nadu, 600091.

  • The corporate identification number (CIN) of Spowerz Solutions Private Limited is U31900TN2016PTC110159 and the company number is 110159 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Spowerz Solutions Private Limited is https://www.spowerz.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Spowerz Solutions Private Limited has fallen by -33.56%.

  • As Per 2023 financial reports, 30 employees are currently employed by Spowerz Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Spowerz Solutions Private Limited has experienced an upsurge of 3.25%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Spowerz Solutions Private Limited amount to ₹ 7.63 M.

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

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