About Herodex Power Systems Private Limited
Data last updated:
Herodex Power Systems Private Limited is a private limited company based in Nashik, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 17 August 1995.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1995PTC091868. Its GSTIN is 27AABCH2509R1Z9 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.35 Cr. It is led by directors including Shashank Keshav Kalkar and Rajshekhar Kashinath Kale.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Plot No 38 MIDC Area Satpur, Nashik, Maharashtra, India – 422007.
As per the financials filed for FY 2016, the company reported a revenue of ₹30.38 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹60.38 Lakh (net margin 2%) and EBITDA of ₹5.51 Cr (EBITDA margin 18.1%).
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹50.74 Cr and satisfied charges of ₹6.57 Lakh on record. Court records list 16 cases involving the company, including 8 filed by the company and 7 filed against it; 4 cases are pending.
The last known website on record is herodex.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No 38 MIDC Area Satpur, Nashik, Maharashtra, India – 422007
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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 Herodex Power Systems Private Limited
The main business activity of Herodex Power Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Herodex Power Systems Private Limited FY 2017 filings available
Herodex Power Systems Private Limited reported revenue of ₹30.38 Cr (down 25% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Herodex Power Systems Private Limited
Revenue fell 25% in the latest year. EBITDA rose 3% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Herodex Power Systems Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | ₹5.51 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹60.38 Lakh | •••• |
| 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 Herodex Power Systems Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 18.1% | •••• |
| Net Profit Margin | 2% | •••• |
| 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 Herodex Power Systems are in the company report.
Financial statements from 2015
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.
Peer Comparison of Herodex Power Systems Private Limited
Herodex Power Systems 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 |
|---|---|---|---|---|---|---|
| Mirzapur Electrical Industries Ltd. | ₹30.81 Cr (FY 2024) | •••• | •••• | 52.0% | •••• | Kolkata, West Bengal, India |
| M R M Procom Private Limited | ₹30.64 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| Eai Power India Private Limited | ₹30.64 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Bhopal, Madhya Pradesh, India |
| BMC Electroplast Pvt Ltd | ₹30.58 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Kolkata, West Bengal, India |
| Suwinka Engineering Private Limited | ₹30.54 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Navi Mumbai, Maharashtra, India |
| Herodex Power Systems Private Limited this company | ₹30.38 Cr (FY 2016) | •••• | •••• | -25.0% | •••• | Nashik, Maharashtra, India |
| Shivam Electricals Private Limited | ₹30.32 Cr (FY 2024) | •••• | •••• | 46.0% | •••• | Mumbai, Maharashtra, India |
| Sun Automat Controls Private Limited | ₹30.31 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Ahmedabad, Gujarat, India |
| Eds Instruments and Systems Private Limited | ₹30.3 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | Chennai, Tamil Nadu, India |
| D.B. Electricals Private Limited | ₹30.28 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | Mumbai, Maharashtra, India |
| Koleshvari Infratech Private Limited | ₹30.22 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Herodex Power Systems 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 Herodex Power Systems Private Limited
Herodex Power Systems Private Limited is audited by KAYDE & ASSOCIATES for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KAYDE & ASSOCIATES | 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.
Board of Directors of Herodex Power Systems Private Limited
Herodex Power Systems has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashank Keshav Kalkar Also directs: Facts Power Dynamics Private Limited | Director | 03 Feb 2006 | 20 Years 8 Months | As last reported |
| Rajshekhar Kashinath Kale | Director | 17 Nov 2015 | 10 Years 10 Months | As last reported |
| Prakash Mishra Nath | Irp/Rp/Liquidator | 11 Apr 2023 | 3 Years 6 Months | As last reported |
Ownership and Shareholding of Herodex Power Systems 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 Herodex Power Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2009 | Canara Bank | ₹7.27 Lakh | Open |
| 07 Oct 2008 | Canara Bank | ₹1.75 Cr | Open |
| 26 Mar 2007 | Canara Bank | ₹48.92 Cr | Open |
| 08 Nov 2006 | Centurion Bank of Punjab Ltd | ₹6.57 Lakh | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Herodex Power Systems Private Limited
Herodex Power Systems Private Limited has 16 court cases on record: 8 filed by Herodex Power Systems, 7 filed against it, 1 where it is another party. 4 cases are pending and 12 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 1 | 2 |
| District courts | 6 | 6 | 2 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North, Delhi | Court case (EX. CIVIL) | Filed against the company by Hyphen Cables Private Limited | Disposed |
| District court, Nashik, Maharashtra | Commercial suit | Filed against the company by Epcos India Private Limited | Disposed |
| District court, North, Delhi | Civil suit | Filed against the company by Hyphen Cables Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Epcos India Private Limited | Disposed |
| High Court for State of Telangana | Court case (CRLP) | Filed by the company against State of Telangana | Pending |
Full case history
All 16 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Herodex Power Systems Private Limited
Herodex Power Systems Private Limited has a workforce of 23 employees as of Apr 05, 2024.
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 Herodex Power Systems Private Limited
Herodex Power Systems Private Limited has 6 board changes on record since 2006: 3 appointments and 3 cessations. The latest: Prakash Mishra Nath was appointed as Irp/Rp/Liquidator on 11 Apr 2023.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Herodex Power Systems 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 Herodex Power Systems 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 Herodex Power Systems 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 Herodex Power Systems Private Limited
Herodex Power Systems has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH2509R1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 33AABCH2509R1ZG | Tamil Nadu | Active | 01 Jul 2017 |
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 Herodex Power Systems 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 Herodex Power Systems Private Limited
Herodex Power Systems is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Herodex Power Systems is a company under liquidation, formerly operating as a private limited company based in Nashik, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 17 August 1995 and is registered under CIN U51900MH1995PTC091868. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Herodex Power Systems reported revenue of ₹30.38 Cr for FY 2016 (down 25% YoY).
Herodex Power Systems has 3 current directors:
- Shashank Keshav Kalkar - Director
- Rajshekhar Kashinath Kale - Director
- Prakash Mishra Nath - Irp/Rp/Liquidator
Herodex Power Systems reported a net profit of ₹60.38 Lakh (net margin 2%) and EBITDA of ₹5.51 Cr (EBITDA margin 18.1%) for FY 2016, as per its filed financial statements.
The CIN (Corporate Identification Number) of Herodex Power Systems is U51900MH1995PTC091868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Herodex Power Systems has open charges of ₹50.74 Cr and satisfied charges of ₹6.57 Lakh as per latest MCA filings.
Herodex Power Systems has 16 court cases on record: 8 filed by the company and 7 filed against it. 4 are pending. Most are in the high courts.
Herodex Power Systems was incorporated on 17 August 1995. It is registered with the Registrar of Companies, Mumbai.
The peers of Herodex Power Systems by revenue are Mirzapur Electrical Industries Ltd, M R M Procom Private Limited, Eai Power India Private Limited, BMC Electroplast Pvt Ltd, Suwinka Engineering Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Prakash Mishra Nath was appointed as Irp/Rp/Liquidator on 11 Apr 2023. Rajshekhar Kashinath Kale ceased to be Director on 18 May 2018. Rajshekhar Kashinath Kale was appointed as Director on 17 Nov 2015. Herodex Power Systems has 6 board changes on record in total.