About Powency
Powency was founded in 2016 and is headquartered in Gandhinagar, India. Operations focus on the semiconductor sector, where design and manufacturing services are provided to clients. Expertise in integrated circuit development and production processes is utilized. The company is led by co-founders Sunil Parmar and Prakash Arya, both serving as managing directors. Services are tailored for technology and electronics industries in the region.
- Headquarter Gandhinagar, India
- Founders Sunil Parmar, Prakash Arya
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website powency.com
- Social X Facebook
- Legal Name Powency Circuit Private Limited
- Date of Incorporation 13 Jul, 2016
- Jurisdiction Gandhinagar, Gujarat, India
- Annual Revenue₹25.9 Lakh
FY 2024 · +212225% YoY
- Net Loss-₹32,826
FY 2024 · -1% margin
- EBITDA-₹7,378
FY 2024 · 0% margin
Associated legal entities of Powency
Powency operates through Powency Circuit Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Powency Circuit Private Limited CIN U72900GJ2016PTC092921 | Active | 13 Jul 2016 | Gandhinagar, Gujarat | ₹0.3 Cr | – | 4 | View details |
Board of directors of Powency Circuit Private Limited (Powency)
Powency Circuit Private Limited is the primary company behind Powency. The board of Powency Circuit Private Limited currently have 3 directors; the longest-serving is Prakash Ramanlal Arya, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prakash Ramanlal Arya DIN 07497513 | Managing Director | 13 Jul 2016 | 10 yrs 2 mo | Powency Circuit Private Limited |
| Sunil Ramanlal Parmar DIN 07497515 | Managing Director | 13 Jul 2016 | 10 yrs 2 mo | Powency Circuit Private Limited |
| Bindu Parmar DIN 09530578 | Additional Director | 30 Apr 2022 | 4 yrs 5 mo | Powency Circuit Private Limited |
People of Powency
2 people are tracked at Powency (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & Managing Director | Leadership | |
| Co-Founder & Managing Director | Leadership |
Complete people profiles for Powency
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Financials of Powency
Figures of Powency Circuit Private Limited, the primary company behind Powency, for FY 2024. Revenue was ₹25.9 Lakh (+212225% year on year). Net loss was -₹32,826 (-1% margin). EBITDA was -₹7,378 (0% margin). Revenue has grown at a compounded annual rate of +324% over three years and +262% over five years.
- ₹25.9 LakhRevenue · FY 2024 · +212225% YoY
- -₹32,826Net loss · -1% margin
- -₹7,378EBITDA · 0% margin
- ₹1 LakhPaid-up capital
- +324%Revenue CAGR, 3 years
- +262%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Powency Circuit Private Limited are on its company page.
Detailed financial statements for Powency
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Latest news on Powency
Complete news archive for Powency
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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Similar companies to Powency
10 companies that operate in the same segment as Powency (Semiconductor Manufacturing & Design), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of diversified optics for microscopic instruments, medical imaging systems and more | 1846 | Oberkochen, Baden-wurttemberg, Germany | USD 49.79 M | USD 2.62 B | – | |
Wafer fabrication equipment for semiconductors is supplied globally. | 1980 | Fremont, California, United States | – | USD 18.44 B | 19,000 | |
Thin-film processing equipment is manufactured for LEDs and MEMS. | 1945 | Plainview, Texas, United States | – | USD 664.29 M | 1,230 | |
Materials engineering solutions are supplied for semiconductor and electronics industries. | 1967 | Santa Clara, California, United States | – | USD 28.37 B | 35,700 | |
Integrated circuits are manufactured as a semiconductor foundry. | 1987 | Taipei, Taiwan | – | – | – | |
Lithography systems for semiconductor chip production are manufactured. | 1984 | Veldhoven, Noord-brabant, Netherlands | – | USD 38.39 B | 44,030 | |
Semiconductor fabrication equipment is developed and manufactured by AMEC. | 2004 | Shanghai, China | USD 186 M | USD 1.77 B | – | |
Semiconductor engineering services in chip design and testing are offered. | 2004 | Bengaluru, Karnataka, India | USD 213 M | USD 120.68 M | 2,485 | |
IC foundry and semiconductor manufacturing services are provided in China. | 2000 | Shanghai, China | USD 750.67 M | USD 8.07 B | 19,190 | |
Provides equipment to Semiconductor manufacturing Industry | 1978 | Boston, Massachusetts, United States | – | USD 839.05 M | 1,520 |
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Frequently Asked Questions about Powency
Powency was founded in 2016.
Powency is headquartered in Gandhinagar, India. It is registered at Gandhinagar, Gujarat, India.
The primary company behind Powency, Powency Circuit Private Limited, reported revenue of ₹25.9 Lakh for FY 2024, up 212225% year on year.
Powency was founded in 2016 and is headquartered in Gandhinagar, India. Operations focus on the semiconductor sector, where design and manufacturing services are provided to clients. Expertise in integrated circuit development and production processes is utilized. The company is led by co-founders Sunil Parmar and Prakash Arya, both serving as managing directors. Services are tailored for technology and electronics industries in the region.
Powency operates through Powency Circuit Private Limited.
The legal entities of Powency currently have 3 directors, including Sunil Ramanlal Parmar, Bindu Parmar, Prakash Ramanlal Arya.