DPIIT recognised startup Government of India
Startup India
Powerpace Technology Private Limited
Powerpace Technology Private Limited - environment in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.64 Lakh
▼ 88% YoY
Net profit · FY 2024
₹5.02 Lakh
Net margin 89.1%
EBITDA · FY 2024
₹5.06 Lakh
EBITDA margin 89.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
1
Provident fund records
Directors on board
2
As per MCA filings
About Powerpace Technology Private Limited
Data last updated:
Powerpace Technology Private Limited is a private limited company based in Rajkot, Gujarat, India, recognised as a startup by DPIIT. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 01 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40106GJ2020PTC116956. Its GSTIN is 24AALCP4643A1ZP (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sandipsinh Upendrasinh Jadeja and Rabadiya Mehul Viththalbhai.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 107 Copper Green Corner 80 Feet Road Near Water Tank Railnagar, Rajkot, Gujarat, India – 360001.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.64 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net profit of ₹5.02 Lakh (net margin 89.1%) and EBITDA of ₹5.06 Lakh (EBITDA margin 89.7%). Revenue has grown at a compounded annual rate (CAGR) of 106% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
Powerpace Technology Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0008829).
Company details
CIN U40106GJ2020PTC116956
Registration Number 116956
Incorporation Date 01 October 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-20-0008829
Recognitions & Rankings of Powerpace Technology
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-GJ-20-0008829
Contact details
Powerpace Technology Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address107 Copper Green Corner 80 Feet Road Near Water Tank Railnagar, Rajkot, Gujarat, India – 360001
- IndustryEnvironment, Solar Energy Solutions, Clean Energy Solutions
To see the full contact details of Powerpace Technology Private Limited, buy the company report.
Comprehensive company report
Powerpace Technology Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Powerpace Technology is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Powerpace Technology Private Limited, buy the company report.
Financials of Powerpace Technology Private Limited
FY 2025 filings availablePowerpace Technology Private Limited reported revenue of ₹5.64 Lakh (down 88% YoY) for FY 2024.
Revenue · FY 2024
₹5.64 Lakh ▼ 88%
Net profit · FY 2024
₹5.02 Lakh margin 89.1%
EBITDA · FY 2024
₹5.06 Lakh margin 89.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 88%
3 years · compounded
▲ 106%
EBITDA CAGR growth
1 year
▲ 190%
3 years · compounded
▲ 766%
Revenue fell 88% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 106%. EBITDA rose 190% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
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| Total Expenses | ||||
| EBITDA | ₹5.06 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹5.02 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 89.7% | |||
| Net Profit Margin | 89.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Asset Turnover | ||||
| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Powerpace Technology Private Limited, buy the company report.
Board of directors of Powerpace Technology Private Limited
Powerpace Technology has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandipsinh Upendrasinh Jadeja Also directs: Powerpace Energy Private Limited | Director | 01 Oct 2020 | 6 Years 1 Months | Current |
| Rabadiya Mehul Viththalbhai Also directs: Powerpace Energy Private Limited | Director | 12 Apr 2022 | 4 Years 6 Months | Current |
Legal cases
No court or tribunal cases involving Powerpace Technology Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Powerpace Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Powerpace Technology Private Limited has a workforce of 1 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
GST
Powerpace Technology has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCP4643A1ZP | Gujarat | Active | 26 Oct 2020 |
To see the full GST registrations and return filing status of Powerpace Technology Private Limited, buy the company report.
Recent activity
Powerpace Technology Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Indrajitsinh Samantsinh Jadeja ceased to be Director on 21 Apr 2022.
AGM
Powerpace Technology Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Powerpace Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Indrajitsinh Samantsinh Jadeja ceased to be Director.
Appointed
Rabadiya Mehul Viththalbhai was appointed as Director.
Ceased
Krishnapalsinh Vikramsinh Gohil ceased to be Director.
Appointed
Sandipsinh Upendrasinh Jadeja was appointed as Director.
Incorporation
01 Oct 2020
Powerpace Technology Private Limited was registered on 01 Oct 2020 with Roc Ahmedabad & aged 6 years 1 month as per MCA records.
Frequently asked questions
Powerpace Technology is an active private limited company based in Rajkot, Gujarat, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 01 October 2020 (6+ years old) and is registered under CIN U40106GJ2020PTC116956.
Powerpace Technology has 2 current directors:
- Sandipsinh Upendrasinh Jadeja - Director
- Rabadiya Mehul Viththalbhai - Director
The latest financial statements of Powerpace Technology on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Powerpace Technology is 24AALCP4643A1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Powerpace Technology is U40106GJ2020PTC116956. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Powerpace Technology was incorporated on 01 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Indrajitsinh Samantsinh Jadeja ceased to be Director on 21 Apr 2022. Rabadiya Mehul Viththalbhai was appointed as Director on 12 Apr 2022. Krishnapalsinh Vikramsinh Gohil ceased to be Director on 09 Apr 2022. Powerpace Technology has 4 board changes on record in total.
Yes, Powerpace Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Powerpace Technology is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-20-0008829).
The registered office of Powerpace Technology is at 107 Copper Green Corner 80 Feet Road Near Water Tank Railnagar, Rajkot, Gujarat, India – 360001.
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