Teknovace Wood Coatings Private Limited

Manufacturer of synthetic and natural polymer-based paint varnishes, established in 2018 in Pune, Maharashtra.

2018 | Pune, Maharashtra (India) | Active
Last Updated: October 24, 2024

Teknovace Wood Coatings Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.09 M
  • Company Age 6 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.60 Cr
  • Revenue Growth 65.12%
  • Profit Growth 37.52%
  • Ebitda 29.32%
  • Net Worth 15.04%
  • Total Assets 27.71%

About Teknovace Wood Coatings

Teknovace Wood Coatings Private Limited (TWCPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 28 November 2018 (Six years and two months 5 days old ). Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Manufacturing 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 4.09 M.

The company currently has active open charges totaling ₹5.60 Cr.

Sailesh Desai, Pankaj Singh, Nikhil Mahapatra, and Three other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24290PN2018PTC180436

  • Company No.

    180436

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Nov 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Manufacturing

Who are the key members and board of directors at Teknovace Wood Coatings?

Executive Team (1)

NameDesignationAppointment DateStatus
Pankaj Singh Country flag representing In Managing Director28-Nov-2018Current

Board Members (5)

NameDesignationAppointment DateStatus
Sailesh Desai Country flag representing In Director 09-Sep-2021Current
Nikhil Mahapatra Country flag representing In Director 27-Apr-2022Current
Shashidhar Yelandur Country flag representing Ae Director 09-Sep-2021Current
Sanjay Pandita Country flag representing In Director 14-Aug-2020Current
Awadhesh Singh Country flag representing In Director 27-Mar-2023Current

Financial Performance of Teknovace Wood Coatings.

Teknovace Wood Coatings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 65.12% increase. The company also saw a substantial improvement in profitability, with a 37.52% increase in profit. The company's net worth Soared by an impressive increase of 15.04%.

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
65.12%
Revenue from Operations
64.85%
Total Assets
27.71%
Profit or Loss
37.52%
Net Worth
15.04%
EBITDA
29.32%

What is the Ownership and Shareholding Structure of Teknovace Wood Coatings?

In 2023, Teknovace Wood Coatings had a promoter holding of 66.59% and a public holding of 33.41%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹56.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 5.17 Cr
  • Hdfc Bank Limited : 0.34 Cr
  • Others : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
05 Mar 2024Others₹0.88 MOpen
03 Nov 2022Hdfc Bank Limited₹0.82 MOpen
24 Mar 2022Hdfc Bank Limited₹2.60 MOpen
31 Mar 2021Bank Of India₹2.00 MOpen
23 Jun 2020Bank Of India₹2.20 MOpen

How Many Employees Work at Teknovace Wood Coatings?

Teknovace Wood Coatings has a workforce of 117 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 Teknovace Wood Coatings, 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 Teknovace Wood Coatings'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 Teknovace Wood Coatings

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Teknovace Wood Coatings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.88 M with Charge ID 100897966 was registered on 05 Mar 2024.

    05 Mar 2024

  • Charges

    A charge with Bank Of India of Rs. 47.50 M registered on 23 Oct 2019 with Charge ID 100320584 was modified on 15 Jul 2023.

    15 Jul 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.82 M with Charge ID 100674342 was registered on 03 Nov 2022.

    03 Nov 2022

  • Director Appointment

    Nikhil Nirad Mahapatra was appointed as a Director was appointed as a Director on 27 Apr 2022 & has been associated with this company since 2 years 9 months .

    27 Apr 2022

Frequently asked questions

  • Teknovace Wood Coatings Private Limited was incorporated on 28 Nov 2018.

  • The authorized share capital of Teknovace Wood Coatings Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.09 M.

  • Currently 6 directors are associated with Teknovace Wood Coatings Private Limited.

    • Sailesh Trambaklal Desai
    • Pankaj Ranjeet Singh
    • Nikhil Nirad Mahapatra
    • Shashidhar Sethumadhavachar Yelandur
    • Sanjay Pandita
    • Awadhesh Pratap Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Teknovace Wood Coatings Private Limited is H.No. 1 Gat No. 33 Barmukh Estate Bebad Ohal Tal- Maval, India, Pune, Maharashtra, 410506.

  • The corporate identification number (CIN) of Teknovace Wood Coatings Private Limited is U24290PN2018PTC180436 and the company number is 180436 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Teknovace Wood Coatings Private Limited is https://www.teknovace.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Teknovace Wood Coatings Private Limited has risen by 65.12%.

  • As Per 2023 financial reports, 117 employees are currently employed by Teknovace Wood Coatings Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Teknovace Wood Coatings Private Limited has experienced an upsurge of 15.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Teknovace Wood Coatings Private Limited amount to ₹ 5.60 Cr.

  • The most recent Balance Sheet for Teknovace Wood Coatings Private Limited was filed with the ROC on 31 Mar 2024.

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