About Imax Electrotek Private Limited
Data last updated:
Imax Electrotek Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 11 December 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31200PN2002PTC017497. Its GSTIN is 27AABCI1976M1Z5 (Maharashtra).
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kishor Murlidhar Potdar and Shardul Kishor Potdar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Fl No A – 503 S No 9/8/3 Sun Planet Sun City Rd 411041, Pune, Maharashtra, India – 411041.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.71 Cr, a growth of 121% compared to the previous year. For the same year it recorded a net profit of ₹3.09 Lakh (net margin 1.8%) and EBITDA of ₹4.32 Lakh (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹1.11 Cr and satisfied charges of ₹99.75 Lakh on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website imaxsurfacecoating.com.
Company details
Contact details
Imax Electrotek Private Limited's registered office is in Pune, Maharashtra. Its website is imaxsurfacecoating.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFl No A – 503 S No 9/8/3 Sun Planet Sun City Rd 411041, Pune, Maharashtra, India – 411041
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Imax Electrotek 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 Imax Electrotek is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Imax Electrotek Private Limited, buy the company report.
Financials of Imax Electrotek Private Limited
FY 2021 filings availableImax Electrotek Private Limited reported revenue of ₹1.71 Cr (up 121% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 121% growth in the latest year. EBITDA rose 61% 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.71 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.09 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 1.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Imax Electrotek Private Limited, buy the company report.
Board of directors of Imax Electrotek Private Limited
Imax Electrotek has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tejas Suhas Safai | Additional Director | 25 Jun 2022 | 4 Years 3 Months | Current |
| Kishor Murlidhar Potdar | Director | 11 Dec 2002 | 23 Years 10 Months | Current |
| Shardul Kishor Potdar | Director | 04 Feb 2017 | 9 Years 8 Months | Current |
Auditor
Imax Electrotek Private Limited is audited by D B GANDHI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D B GANDHI & ASSOCIATES | FY 2021 | 102977W |
Shareholding
The shareholding of Imax Electrotek Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Imax Electrotek Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Sep 2021 | 100508449 | Others | ₹1.11 Cr | Open | |
| 18 Feb 2014 | 10478637 | Hdfc Bank Limited | ₹95 Lakh | Satisfied | |
| 20 Oct 2006 | 10027651 | Indian Overseas Bank | ₹4.75 Lakh | Satisfied |
To see the full charge records of Imax Electrotek Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Imax Electrotek Private Limited has 6 court cases on record: 1 filed by Imax Electrotek, 5 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Vinar Systems Pvt Ltd | Disposed |
| District court, Jhajjar, Haryana | Commercial suit | Filed against the company by M/S Zeco Aircon Ltd. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by The Indian Electric Co. Through Sharad Rajaram Bhavsar | Pending |
To see the full case history of Imax Electrotek 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 Imax Electrotek Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Imax Electrotek has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI1976M1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Imax Electrotek Private Limited, buy the company report.
Recent activity
Imax Electrotek Private Limited has 7 board changes on record since 2002: 3 appointments and 4 cessations. The latest: Tejas Suhas Safai was appointed as Additional Director on 25 Jun 2022.
4 earlier events are in the company report.
Frequently asked questions
Imax Electrotek is an active private limited company based in Pune, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 11 December 2002 (24+ years old) and is registered under CIN U31200PN2002PTC017497.
Imax Electrotek has 3 current directors:
- Tejas Suhas Safai - Additional Director
- Kishor Murlidhar Potdar - Director
- Shardul Kishor Potdar - Director
The latest financial statements of Imax Electrotek on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Imax Electrotek is 27AABCI1976M1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Imax Electrotek is U31200PN2002PTC017497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Imax Electrotek has 6 court cases on record: 1 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Imax Electrotek was incorporated on 11 December 2002, making it 24+ years old. It is registered with the Registrar of Companies, Pune.
Tejas Suhas Safai was appointed as Additional Director on 25 Jun 2022. Shardul Kishor Potdar ceased to be Additional Director on 29 Sep 2017. Girish Sakharam Kahar ceased to be Director on 27 Feb 2017. Imax Electrotek has 7 board changes on record in total.
Imax Electrotek can be reached through the website imaxsurfacecoating.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Imax Electrotek is at Fl No A – 503 S No 983 Sun Planet Sun City Rd 411041, Pune, Maharashtra, India – 411041.