Apple Power Drive Private Limited
About Apple Power Drive Private Limited
Data last updated:
Apple Power Drive Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 17 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51505GJ2014PTC078303. Its GSTIN is 24AAMCA3418K1ZN (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹31 Lakh. It is led by directors Krishnakant Hiralal Parikh and Hozefa Firozbhai Boxwala.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 09/C Aalok Sky Tower Apartment Nr Hl College Navrangpura Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.13 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹7.26 Lakh (net margin 1%) and EBITDA of ₹10.55 Lakh (EBITDA margin 1.5%).
As per MCA filings, the company has open charges of ₹50 Lakh on record. Court records list 7 cases involving the company, including 7 filed by the company; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Apple Power Drive Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address09/C Aalok Sky Tower Apartment Nr Hl College Navrangpura Ahmedabad, Gujarat, India – 380009
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Apple Power Drive Private Limited, buy the company report.
- 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
Business activity
The main business activity of Apple Power Drive is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Apple Power Drive Private Limited, buy the company report.
Financials of Apple Power Drive Private Limited
FY 2024 filings availableApple Power Drive Private Limited reported revenue of ₹7.13 Cr (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 9% in the latest year. EBITDA rose 52% in the latest 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 | FY 2019-20 |
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| EBITDA | ₹10.55 Lakh | ||||
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| Net Profit (PAT) | ₹7.26 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Apple Power Drive Private Limited, buy the company report.
Board of directors of Apple Power Drive Private Limited
Apple Power Drive has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnakant Hiralal Parikh | Director | 17 Jan 2014 | 12 Years 9 Months | Current |
| Hozefa Firozbhai Boxwala | Director | 17 Jan 2014 | 12 Years 9 Months | Current |
Auditor
Apple Power Drive Private Limited is audited by Lavingiya & Associates for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Lavingiya & Associates | FY 2015 |
Shareholding
The shareholding of Apple Power Drive Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Apple Power Drive Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Nov 2016 | 100063112 | Hdfc Bank Limited | ₹50 Lakh | Open |
To see the full charge records of Apple Power Drive Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Apple Power Drive Private Limited has 7 court cases on record: 7 filed by Apple Power Drive. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 3 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Mitesh Kumar Patel - Kwality Hydro Technologies | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Visva Pharma Machinery and 1 other | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Cemtech Pharma Industries and 1 other | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against individuals | Disposed |
To see the full case history of Apple Power Drive Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Apple Power Drive Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Apple Power Drive has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAMCA3418K1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Apple Power Drive Private Limited, buy the company report.
Recent activity
Apple Power Drive Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Gaurang Ramanlal Dalia ceased to be Director on 25 Jan 2019.
Frequently asked questions
Apple Power Drive is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 17 January 2014 (12+ years old) and is registered under CIN U51505GJ2014PTC078303.
Apple Power Drive has 2 current directors:
- Krishnakant Hiralal Parikh - Director
- Hozefa Firozbhai Boxwala - Director
The latest financial statements of Apple Power Drive on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Apple Power Drive is 24AAMCA3418K1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Apple Power Drive is U51505GJ2014PTC078303. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apple Power Drive has 7 court cases on record: 7 filed by the company. 3 are pending.
Apple Power Drive was incorporated on 17 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Gaurang Ramanlal Dalia ceased to be Director on 25 Jan 2019. Hozefa Firozbhai Boxwala was appointed as Director on 17 Jan 2014. Krishnakant Hiralal Parikh was appointed as Director on 17 Jan 2014.
The registered office of Apple Power Drive is at 09C Aalok Sky Tower Apartment Nr Hl College Navrangpura Ahmedabad, Gujarat, India – 380009.
Apple Power Drive operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.
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