About Powerstatic Solutions India Private Limited
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Powerstatic Solutions India Private Limited is a foreign private limited company based in New Delhi, Delhi, India, a subsidiary of Ge Power Systems India Private Limited. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 18 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29249DL2021FTC390144. Its GSTIN is 24AAMCP4766H1Z2 (Gujarat). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹427.4 Cr and a paid-up capital of ₹10. It is led by directors including Beena Swapnil Kothadia (Whole-Time Director) and Proasheem Suleebka.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4th Floor A Wing Prius Platinum. D3 P3B, District Centre Saket New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2025, the company reported a revenue of ₹295.66 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹76.98 Cr (net margin -26%) and EBITDA of -₹44.36 Cr (EBITDA margin -15%).
The company has about 388 employees on its provident fund (EPFO) records.
The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2025. Its 10 peer companies in the Power industry (Power Equipment Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Tulika Appliances Private Limited with revenue of ₹306.16 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ge.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
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- Registered Address4th Floor A Wing Prius Platinum. D3 P3B, District Centre Saket New Delhi, Delhi, India – 110017
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Powerstatic Solutions India Private Limited
The main business activity of Powerstatic Solutions India is manufacturing. In detail, this covers manufacture of machinery and equipment n.e.c..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 28 | Manufacture of machinery and equipment n.e.c. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Powerstatic Solutions India Private Limited FY 2025 filings available
Powerstatic Solutions India Private Limited reported revenue of ₹295.66 Cr (up 452% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Powerstatic Solutions India Private Limited
Revenue rose 452% in the latest year. EBITDA fell 436% 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 of Powerstatic Solutions India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹44.36 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹76.98 Cr | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Powerstatic Solutions India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -15% | •••• | •••• | •••• |
| Net Profit Margin | -26% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Powerstatic Solutions India are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Powerstatic Solutions India Private Limited
Powerstatic Solutions India Private Limited currently reports 3 directors and 1 key managerial person. 3 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Proasheem Suleebka | Director | 13 Sep 2022 | 4 Years 1 Months | Current |
| Francois Driesen | Director | 22 Aug 2024 | 2 Years 1 Months | Current |
| Prerna Priya | Company Secretary | 11 Sep 2024 | 2 Years 1 Months | Current |
| Beena Swapnil Kothadia | Whole-Time Director | 01 Nov 2023 | 2 Years 11 Months | Current |
Peer Comparison of Powerstatic Solutions India Private Limited
Powerstatic Solutions India Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tulika Appliances Private Limited | ₹306.16 Cr (FY 2025) | •••• | •••• | 71.0% | •••• | New Delhi, Delhi, India |
| Kanohar Electricals Limited | ₹304.52 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Meerut, Uttar Pradesh, India |
| Enpay Transformer Components India Private Limited | ₹303.48 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Savli, Gujarat, India |
| Ge Renewable R&D India Private Limited | ₹301.62 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| Lucy Electric Manufacturing and Technologies India Private Limited | ₹297.06 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Halol, Gujarat, India |
| Powerstatic Solutions India Private Limited this company | ₹295.66 Cr (FY 2025) | •••• | •••• | 452.0% | •••• | New Delhi, Delhi, India |
| Ohmium Operations Private Limited | ₹295.22 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Bengaluru, Karnataka, India |
| Elmex Electric Private Limited | ₹293.43 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Vadodara, Gujarat, India |
| Navitas Green Solutions Private Limited | ₹291.51 Cr (FY 2024) | •••• | •••• | 44.0% | •••• | Surat, Gujarat, India |
| Hi-Tech Systems & Services Ltd. | ₹290.03 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Kolkata, West Bengal, India |
| Powergear Limited | ₹289.87 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Powerstatic Solutions India by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Powerstatic Solutions India Private Limited
Powerstatic Solutions India Private Limited is audited by Deloitte Haskins & Sells for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins & Sells | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Powerstatic Solutions India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Powerstatic Solutions India Private Limited
Powerstatic Solutions India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Powerstatic Solutions India Private Limited
Powerstatic Solutions India Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2025.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: Arabelle Solutions UK Limited, Arabelle Solutions Seller: Ge Power Netherlands BV |
| Oct 2023 | Rights issue | ₹427.3 Cr | Investors: Ge Power Systems India Private Limited , Ge Power Netherlands BV |
| Aug 2022 | Secondary share transfer | Undisclosed | Buyer: Ge Power Netherlands BV, Ge Power Systems India Private Limited Seller: General Electric International Benelux BV |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Powerstatic Solutions India Private Limited
Employment history and EPFO contributions of people linked to Powerstatic Solutions India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Powerstatic Solutions India Private Limited
Powerstatic Solutions India Private Limited has 10 board changes on record since 2021: 7 appointments and 3 cessations. The latest: Prerna Priya was appointed as Company Secretary on 11 Sep 2024.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Powerstatic Solutions India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Powerstatic Solutions India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Powerstatic Solutions India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Powerstatic Solutions India Private Limited
Powerstatic Solutions India has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAMCP4766H1Z2 | Gujarat | Active | 16 Nov 2022 |
| 09AAMCP4766H1ZU | Uttar Pradesh | Active | 24 Aug 2023 |
| 29AAMCP4766H1ZS | Karnataka | Active | 01 Oct 2024 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Powerstatic Solutions India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Powerstatic Solutions India Private Limited
Powerstatic Solutions India is an active foreign private limited company based in New Delhi, Delhi, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 18 November 2021 (5+ years old) and is registered under CIN U29249DL2021FTC390144.
Powerstatic Solutions India reported revenue of ₹295.66 Cr for FY 2025 (up 452% YoY).
Powerstatic Solutions India has 4 current directors and KMP:
- Beena Swapnil Kothadia - Whole-Time Director
- Proasheem Suleebka - Director
- Francois Driesen - Director
- Prerna Priya - Company Secretary
Powerstatic Solutions India reported a net loss of ₹76.98 Cr (net margin -26%) and EBITDA of -₹44.36 Cr (EBITDA margin -15%) for FY 2025, as per its filed financial statements.
The GSTIN of Powerstatic Solutions India is 24AAMCP4766H1Z2, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 09AAMCP4766H1ZU (Uttar Pradesh), 29AAMCP4766H1ZS (Karnataka).
The CIN (Corporate Identification Number) of Powerstatic Solutions India is U29249DL2021FTC390144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Powerstatic Solutions India was incorporated on 18 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
Powerstatic Solutions India has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2025.
The peers of Powerstatic Solutions India by revenue are Tulika Appliances Private Limited, Kanohar Electricals Limited, Enpay Transformer Components India Private Limited, Ge Renewable R&D India Private Limited, Lucy Electric Manufacturing and Technologies India Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Prerna Priya was appointed as Company Secretary on 11 Sep 2024. Francois Driesen was appointed as Director on 22 Aug 2024. Tarun Kumar Gugnani ceased to be Whole-Time Director on 22 Aug 2024. Powerstatic Solutions India has 10 board changes on record in total.
Powerstatic Solutions India can be reached through the website ge.com. Its registered office is in New Delhi, Delhi, India.