Unitek Engineers Private Limited

Manufacturer of material handling equipment, including cranes, hoists, and elevators for various industries.

1981 | Bangaluru, Karnataka (India) | Active
Last Updated: October 23, 2024

Unitek Engineers Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 43 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.20 Cr
  • Satisfied Charges ₹ 3.19 Cr
  • Revenue Growth 33.71%
  • Profit Growth 176.72%
  • Ebitda 62.62%
  • Net Worth 9.31%
  • Total Assets 47.01%

About Unitek Engineers

Unitek Engineers Private Limited (UEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 June 1981 and has a history of 43 years and eight months. Its registered office is in Bangaluru, Karnataka, 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹7.20 Cr. The company has closed loans amounting to ₹3.19 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prabhat Argal, Sumeet Argal, and Shantanu Argal serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    unitekcranes.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27101KA1981PTC004264

  • Company No.

    004264

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jun 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Unitek Engineers Private Limited offer?

Unitek Engineers Private Limited offers a wide range of products and services, including Hydraulic Jacks, Lifts & Winches, Power Winches, Cranes, Forklift & Lifting Machines, Crane, Hoist, Electric Hoists, EOT Cranes, Overhead Crane, HOT Cranes, Jib Cranes.

Who are the key members and board of directors at Unitek Engineers?

Executive Team (1)

NameDesignationAppointment DateStatus
Prabhat Argal Country flag representing In Managing Director17-Jun-1981Current

Board Members (2)

NameDesignationAppointment DateStatus
Shantanu Argal Country flag representing In Director 27-Feb-2018Current
Sumeet Argal Country flag representing In Director 05-Oct-2014Current

Financial Performance of Unitek Engineers.

Unitek Engineers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.71% increase. The company also saw a substantial improvement in profitability, with a 176.72% increase in profit. The company's net worth moved up by a moderate rise of 9.31%.

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
33.71%
Revenue from Operations
34.87%
Total Assets
47.01%
Profit or Loss
176.72%
Net Worth
9.31%
EBITDA
62.62%

What is the Ownership and Shareholding Structure of Unitek Engineers?

In 2023, Unitek Engineers 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

₹72.00 M

Satisfied Charges

₹31.89 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 7.00 Cr
  • Tamilnad Mercantile Bank Limited : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
05 Apr 2024Tamilnad Mercantile Bank Limited₹2.00 MOpen
22 Oct 2021State Bank Of India₹7.00 CrOpen
28 Nov 2019Others₹1.35 CrSatisfied
28 Mar 2017Tamilnad Mercantile Bank Limited₹0.31 MSatisfied
31 May 2016Tamilnad Mercantile Bank Limited₹1.82 MSatisfied

How Many Employees Work at Unitek Engineers?

Unitek Engineers has a workforce of 18 employees as of Apr 03, 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 Unitek Engineers, 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 Unitek Engineers'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 Unitek Engineers

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 2.00 M with Charge ID 100915326 was registered on 05 Apr 2024.

    05 Apr 2024

  • Balance Sheet

    Unitek Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 70.00 M registered on 22 Oct 2021 with Charge ID 100522180 was modified on 13 Oct 2023.

    13 Oct 2023

  • Charges

    A charge registered on 28 Mar 2017 via Charge ID 100092368 with Tamilnad Mercantile Bank Limited was fully satisfied on 17 Sep 2022.

    17 Sep 2022

  • Charges

    A charge registered on 31 May 2016 via Charge ID 100031563 with Tamilnad Mercantile Bank Limited was fully satisfied on 17 Sep 2022.

    17 Sep 2022

Frequently asked questions

  • Unitek Engineers Private Limited was incorporated on 17 Jun 1981.

  • The authorized share capital of Unitek Engineers Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with Unitek Engineers Private Limited.

    • Prabhat Argal
    • Sumeet Argal
    • Shantanu Argal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Unitek Engineers Private Limited is No. 235F Bommasandra Industrial Area Hosur Road, India, Bangalore, Karnataka, 560099.

  • The corporate identification number (CIN) of Unitek Engineers Private Limited is U27101KA1981PTC004264 and the company number is 004264 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Unitek Engineers Private Limited is https://www.unitekcranes.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Unitek Engineers Private Limited has risen by 33.71%.

  • As Per 2023 financial reports, 18 employees are currently employed by Unitek Engineers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Unitek Engineers Private Limited has experienced an upsurge of 9.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Unitek Engineers Private Limited amount to ₹ 7.20 Cr.

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

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