Tech Elecon Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
as on 04-07-2024
- Paid Up Capital ₹ 0.10 M
as on 04-07-2024
- Company Age 12 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.50 Cr
as on 04-07-2024
- Revenue 23.50%
(FY 2023)
- Profit 461.33%
(FY 2023)
- Ebitda 304.29%
(FY 2023)
- Net Worth 181.83%
(FY 2023)
- Total Assets 7.79%
(FY 2023)
About Tech Elecon
The Corporate was formerly known as Excel Epc Projects Private Limited. The Company is engaged in the Information Technology 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 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹2.50 Cr.
Prayasvin Patel, Ravin Shah, and Pradip Patel serve as directors at the Company.
- CIN/LLPIN
U72900GJ2012PTC070532
- Company No.
070532
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 May 2012
- Date of AGM
15 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Vallabh Vidyanagar, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Tech Elecon?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prayasvin Patel  | Director | 30-May-2012 | Current |
| Ravin Shah | Director | 01-Dec-2020 | Current |
| Pradip Patel | Director | 30-May-2012 | Current |
Financial Performance and Corporate Structure Insights of Tech Elecon.
Tech Elecon Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.5% increase. The company also saw a substantial improvement in profitability, with a 461.33% increase in profit. The company's net worth Soared by an impressive increase of 181.83%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Tech Elecon?
In 2023, Tech Elecon had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vijay M. Mistry Construction Private LimitedActive 36 years 4 monthsPrayasvin Patel, Ravin Shah and 1 more are mutual person
Modsonic Instruments Manufacturing Company Private LimitedActive 45 years 8 daysPrayasvin Patel is a mutual person
Emtici Engineering LimitedActive 68 years 9 monthsPrayasvin Patel, Ravin Shah and 1 more are mutual person
Elecon Information Technology LimitedActive 40 years 5 monthsPrayasvin Patel and Ravin Shah are mutual person
Elecon Hydraulics Private LimitedActive 19 years 6 monthsPrayasvin Patel, Ravin Shah and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 30 Mar 2017 | ₹2.50 Cr | Open |
How Many Employees Work at Tech Elecon?
Tech Elecon has a workforce of 169 employees as of Mar 28, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Tech Elecon, 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 Tech Elecon's trajectory.
Rating
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
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.
