About Electrex Power Tools
Electrex Power Tools is an Agriculture company based in Mumbai (India) founded in 1982. Potatoes are farmed, grain is marketed, and equipment services are provided in Maine. It operates on a B2B and B2C model in Agriculture and Industrial Goods & Manufacturing sectors. The company has 1 employees. Its Indian entity Electrex (India) Limited reported revenue of ₹6.1 Lakh. Electrex Power Tools offers products and services including Potatoes and Grain Marketing. Its focus areas include Food and Agriculture, Potato Farming, Grain Marketing and Industrial Supplies.
Company details
Maine Potato Growers is recognized for its role in the agriculture sector, where potatoes are cultivated and sold alongside grain marketing efforts. Operations are conducted primarily in Presque Isle, Maine, USA, with a focus on supplying agricultural products and industrial items like lubricants and tractors. The companys activities emphasize B2B interactions, supporting farming and related services without promotional intent. Overall, contributions are made to the food supply chain through efficient distribution and equipment support, ensuring sustainability in agricultural practices.
- Headquarters Mumbai, India
- Employees 1
- SectorsAgricultureIndustrial Goods & Manufacturing
- Website electrexindia.com
- Legal Name Electrex (India) Limited
- Date of Incorporation 22 Dec, 1982
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹6.1 Lakh
FY 2017
- Net Loss-₹13 Lakh
FY 2017 · -214% margin
- EBITDA-₹13 Lakh
FY 2017 · -214% margin
- Latest Funding Round$10.32M (USD), Debt – Conventional
Jun 2008
- Investors
- Employee Count1
Associated legal entities of Electrex Power Tools
Electrex Power Tools operates through Electrex (India) Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Electrex (India) Limited Listed CIN L00363KA1982PLC005084 | Active | 22 Dec 1982 | Bangalore, Karnataka | ₹0.1 Cr | 3 | View details |
Products & Services of Electrex Power Tools
Electrex Power Tools offers a comprehensive portfolio of products and services, including Potatoes and Grain Marketing.
Potatoes are farmed and sold for food and industrial purposes
Grains are promoted and distributed from farms to various markets
Funding Insights of Electrex Power Tools
- Total Rounds 1
- Last Round Debt – Conventional — $10.32M
- First Round $10.32M
(Jun 2008)
- Investors Count 1
All 1 funding rounds of Electrex Power Tools with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2008 | $10.32M | Debt – Conventional | – | – |
1 investors in total: 1 institutional.
Investors in Electrex Power Tools
Electrex Power Tools has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Kotak Mahindra Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial banking services are offered to corporate and retail customers. | 1985 | kotak.com | Mumbai, India |
Investor details for Electrex Power Tools
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Electrex (India) Limited (Electrex Power Tools)
Electrex (India) Limited is the primary company behind Electrex Power Tools. The board of Electrex (India) Limited currently have 3 directors; the longest-serving is Mukesh Maneklal Choksi, appointed in 2010. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mukesh Maneklal Choksi DIN 00510350 | Director | 21 Oct 2010 | 16 yrs | Electrex (India) Limited |
| Abnasi Jawahar Thadhaney DIN 06566185 | Director | 10 Mar 2014 | 12 yrs 7 mo | Electrex (India) Limited |
| Mahesh Budhsingh Thakur DIN 06574744 | Director | 10 Mar 2014 | 12 yrs 7 mo | Electrex (India) Limited |
Financials of Electrex Power Tools
Figures of Electrex (India) Limited, the primary company behind Electrex Power Tools, for FY 2017. Revenue was ₹6.1 Lakh. Net loss was -₹13 Lakh (-214% margin). EBITDA was -₹13 Lakh (-214% margin).
- ₹6.1 LakhRevenue · FY 2017
- -₹13 LakhNet loss · -214% margin
- -₹13 LakhEBITDA · -214% margin
- ₹9.46 CrPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Electrex (India) Limited are on its company page.
Detailed financial statements for Electrex Power Tools
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Electrex Power Tools
2 dated milestones of Electrex Power Tools across 26 years, from founding to its latest funding, stage changes and deals.
- Founded Electrex Power Tools is founded.
- Funding First funding round of $10.3M.
Top companies in Agricultural Trading
3 companies that operate in the same segment as Electrex Power Tools (Agricultural Trading) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Potato farming, grain marketing, and equipment services in Maine. | 2000 | Gurugram, Haryana, India | ||||
Food processing, export of agro commodities, and production of branded products in India. | 1865 | Mumbai, Maharashtra, India | USD 1.61 B | 444 | ||
Manufacturer of chemical fertilizers and seeds | 1985 | Delhi, Delhi, India | USD 742.24 M | 3,320 |
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Frequently Asked Questions about Electrex Power Tools
Electrex Power Tools was founded in 1982 and raised its 1st funding round 26 years after it was founded.
Electrex Power Tools is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Electrex Power Tools has 1 employees.
The primary company behind Electrex Power Tools, Electrex (India) Limited, reported revenue of ₹6.1 Lakh for FY 2017.
Maine Potato Growers is recognized for its role in the agriculture sector, where potatoes are cultivated and sold alongside grain marketing efforts. Operations are conducted primarily in Presque Isle, Maine, USA, with a focus on supplying agricultural products and industrial items like lubricants and tractors. The companys activities emphasize B2B interactions, supporting farming and related services without promotional intent. Overall, contributions are made to the food supply chain through efficient distribution and equipment support, ensuring sustainability in agricultural practices.
Electrex Power Tools offers Potatoes and Grain Marketing.
Electrex Power Tools has 1 investor. Key investors include Kotak Mahindra Bank.
Electrex Power Tools operates through Electrex (India) Limited.
The legal entities of Electrex Power Tools currently have 3 directors, including Mukesh Maneklal Choksi, Abnasi Jawahar Thadhaney, Mahesh Budhsingh Thakur.