Technoace Systems Private Limited

Manufactures material handling equipment for various industries and exports globally.

2014 | Pune, Maharashtra (India) | Active
Last Updated: October 23, 2024

Technoace Systems Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.70 M
  • Satisfied Charges ₹ 0.45 M
  • Revenue Growth 46.18%
  • Profit Growth 39.81%
  • Ebitda 32.10%
  • Net Worth 22.83%
  • Total Assets 39.68%

About Technoace Systems

Technoace Systems Private Limited (TSPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 May 2014 and has a history of Ten years and eight months. Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹5.70 M. The company has closed loans amounting to ₹0.45 M, as per Ministry of Corporate Affairs (MCA) records.

Mukund Deshpande, Prachi Deshpande, and Nikhil Deshpande serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    technoace.net

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900PN2014PTC151319

  • Company No.

    151319

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 May 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Technoace Systems Private Limited offer?

Technoace Systems Private Limited offers a wide range of products and services, including Cranes, Forklift & Lifting Machines, Crane, EOT Cranes, Building & Construction Machines, Working Platform, Elevators & Escalators, Scissor Lifts, Light Crane, Hoist, Chain Hoist.

Who are the key members and board of directors at Technoace Systems?

Board Members (3)

NameDesignationAppointment DateStatus
Mukund Deshpande Country flag representing In Director 29-May-2014Current
Prachi Deshpande Country flag representing In Director 29-May-2014Current
Nikhil Deshpande Country flag representing In Director 29-May-2014Current

Financial Performance of Technoace Systems.

Technoace Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.18% increase. The company also saw a substantial improvement in profitability, with a 39.81% increase in profit. The company's net worth Soared by an impressive increase of 22.83%.

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
46.18%
Revenue from Operations
47.72%
Total Assets
39.68%
Profit or Loss
39.81%
Net Worth
22.83%
EBITDA
32.10%

What is the Ownership and Shareholding Structure of Technoace Systems?

In 2023, Technoace Systems had a public holding of 7.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.70 M

Satisfied Charges

₹0.45 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.57 Cr

Latest Charge Details

DateLenderAmountStatus
02 Mar 2023State Bank Of India₹5.70 MOpen
11 May 2018State Bank Of India₹0.45 MSatisfied

How Many Employees Work at Technoace Systems?

Unlock and access historical data on people associated with Technoace Systems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Technoace Systems, 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 Technoace Systems'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 Technoace Systems

Recent activity within the organization

  • Annual General Meeting

    Technoace Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Technoace Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge registered on 11 May 2018 via Charge ID 100182212 with State Bank Of India was fully satisfied on 22 May 2023.

    22 May 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 5.70 M with Charge ID 100718652 was registered on 02 Mar 2023.

    02 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.45 M with Charge ID 100182212 was registered on 11 May 2018.

    11 May 2018

  • Director Appointment

    Mukund Shriniwas Deshpande was appointed as a Director was appointed as a Director on 29 May 2014 & has been associated with this company since 10 years 8 months .

    29 May 2014

Frequently asked questions

  • Technoace Systems Private Limited was incorporated on 29 May 2014.

  • The authorized share capital of Technoace Systems Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Technoace Systems Private Limited.

    • Mukund Shriniwas Deshpande
    • Prachi Nikhil Deshpande
    • Nikhil Mukund Deshpande
  • As per Ministry of Corporate Affairs (Mca), the registered address of Technoace Systems Private Limited is Pl No 68 Rama Lane No.3 Natraj Society, Karvenagar Near Pratidnya Hall India, Pune, Maharashtra, 411052.

  • The corporate identification number (CIN) of Technoace Systems Private Limited is U74900PN2014PTC151319 and the company number is 151319 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Technoace Systems Private Limited is https://www.technoace.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Technoace Systems Private Limited has risen by 46.18%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Technoace Systems Private Limited has experienced an upsurge of 22.83%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Technoace Systems Private Limited amount to ₹ 5.70 M.

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