MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0005316
Parikh Power Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹49.64 Cr
▲ 254% YoY
Net profit · FY 2024
₹1.14 Cr
Net margin 2.3%
EBITDA · FY 2024
₹1.58 Cr
EBITDA margin 3.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹99.15 Lakh
Issued & subscribed
Open charges
₹5 Cr
Satisfied ₹2.09 Cr
Company age
42 yrs
Est. 1984
Directors on board
3
As per MCA filings
About Parikh Power Private Limited
Data last updated:
Parikh Power 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 01 October 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40101GJ1984PTC007311. Its GSTIN is 24AAACP6739J1Z8 (Gujarat). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹99.15 Lakh. It is led by directors including Devki Nitin Modak and Partha Dattatraya Talekar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 18 2nd Floor R3 Mall Opp. Manav Mandir Memnagar, Ahmedabad, Gujarat, India – 380052.
As per the financials filed for FY 2024, the company reported a revenue of ₹49.64 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.14 Cr (net margin 2.3%) and EBITDA of ₹1.58 Cr (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 173% over three years and 57% over five years.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹2.09 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
Parikh Power Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0005316). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parikhpower.in.
Company details
CIN U40101GJ1984PTC007311
Registration Number 007311
Incorporation Date 01 October 1984
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0005316
Key People
Devki Nitin Modak Director Partha Dattatraya Talekar Director Kishorkumar Pranlal Parekh Alternate Director Recognitions & Rankings of Parikh Power
Contact details
Parikh Power Private Limited's registered office is in Ahmedabad, Gujarat. Its website is parikhpower.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address18 2nd Floor R3 Mall Opp. Manav Mandir Memnagar, Ahmedabad, Gujarat, India – 380052
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Parikh Power Private Limited, buy the company report.
Comprehensive company report
Parikh Power Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Parikh Power 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 Parikh Power Private Limited, buy the company report.
Financials of Parikh Power Private Limited
FY 2025 filings availableParikh Power Private Limited reported revenue of ₹49.64 Cr (up 254% YoY) for FY 2024.
Revenue · FY 2024
₹49.64 Cr ▲ 254%
Net profit · FY 2024
₹1.14 Cr margin 2.3%
EBITDA · FY 2024
₹1.58 Cr margin 3.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 254%
3 years · compounded
▲ 173%
5 years · compounded
▲ 57%
EBITDA CAGR growth
1 year
▲ 146%
3 years · compounded
▲ 130%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 57% over five years, including 254% growth in the latest year. EBITDA rose 146% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.14 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | 2.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Parikh Power Private Limited, buy the company report.
Board of directors of Parikh Power Private Limited
Parikh Power has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devki Nitin Modak | Director | 01 Apr 2017 | 9 Years 7 Months | Current |
| Partha Dattatraya Talekar | Director | 01 Apr 2017 | 9 Years 7 Months | Current |
| Kishorkumar Pranlal Parekh | Alternate Director | 01 Oct 1984 | 42 Years 1 Months | Current |
Peer comparison
Parikh Power Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers, Machinery and Equipment Retail and Distribution), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tirupati Coatings Private Limited | ₹49.79 Cr (FY 2019) | 95.0% | New Delhi, Delhi, India | |||
| Varat Pump & Machinery Pvt Ltd | ₹49.74 Cr (FY 2024) | 113.0% | Kolkata, West Bengal, India | |||
| Parikh Power Private Limitedthis company | ₹49.64 Cr (FY 2024) | ₹1.14 Cr | 2.3% | 254.0% | Ahmedabad, Gujarat, India | |
| Shreegee Impex Private Limited | ₹49.51 Cr (FY 2025) | -5.0% | Meerut, Uttar Pradesh, India | |||
| Mihir Engineers Private Limited | ₹49.5 Cr (FY 2025) | -6.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Parikh Power Private Limited, buy the company report.
Auditor
Parikh Power Private Limited is audited by R.K.PIKALE& CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.K.PIKALE& CO. | FY 2023 | 107919W |
Shareholding
The shareholding of Parikh Power Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Parikh Power Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5 Cr
Satisfied charges
₹2.09 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2025 | 101216284 | State Bank of India | ₹2.5 Cr | Open | |
| 30 Dec 2021 | 100527450 | Others | ₹2.5 Cr | Open | |
| 03 Mar 2006 | 10001940 | Bank of India | ₹2 Cr | Satisfied | |
| 22 Jan 1997 | 90104671 | Bank of India | ₹9 Lakh | Satisfied |
To see the full charge records of Parikh Power Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Parikh Power Private Limited has 2 court cases on record: 2 filed by Parikh Power. All cases are pending.
Total cases
2
Filed by the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Goa, Goa | Original application | Filed by the company against individuals | Pending |
| District court, South Goa, Goa | Original application | Filed by the company against M/S Prince Marine Transport A Private Limited Company and 3 others | Pending |
To see the full case history of Parikh Power 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 Parikh Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Parikh Power has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACP6739J1Z8 | Gujarat | Active | 01 Jul 2017 |
| 30AAACP6739J1ZF | Goa | Active | 16 Apr 2022 |
| 27AAACP6739J2Z1 | Maharashtra | Active | 09 Jun 2022 |
To see the full GST registrations and return filing status of Parikh Power Private Limited, buy the company report.
Recent activity
Parikh Power Private Limited has 13 board changes on record since 1984: 3 appointments and 10 cessations. The latest: Kokila Navnit Parikh ceased to be Whole-Time Director on 13 Apr 2021.
Charges
A charge with State Bank Of India amounted to Rs. 2.50 Cr with Charge ID 101216284 was registered on 30 Dec 2025.
AGM
Parikh Power Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Parikh Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100527450 was registered on 30 Dec 2021.
Charges
A charge registered on 03 Mar 2006 via Charge ID 10001940 with Bank Of India was fully satisfied on 13 Dec 2021.
Ceased
Kokila Navnit Parikh ceased to be Whole-Time Director.
Ceased
Navnit Jagjivandas Parikh ceased to be Managing Director.
Ceased
Devki Nitin Modak ceased to be Additional Director.
Ceased
Partha Dattatraya Talekar ceased to be Additional Director.
Appointed
Devki Nitin Modak was appointed as Director.
Appointed
Partha Dattatraya Talekar was appointed as Director.
Ceased
Bharatbhai Manharlal Parikh ceased to be Director.
12 earlier events are in the company report.
Frequently asked questions
Parikh Power 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 01 October 1984 (42+ years old) and is registered under CIN U40101GJ1984PTC007311.
Parikh Power has 3 current directors:
- Devki Nitin Modak - Director
- Partha Dattatraya Talekar - Director
- Kishorkumar Pranlal Parekh - Alternate Director
The latest financial statements of Parikh Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Parikh Power is 24AAACP6739J1Z8, registered in Gujarat. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 30AAACP6739J1ZF (Goa), 27AAACP6739J2Z1 (Maharashtra).
The CIN (Corporate Identification Number) of Parikh Power is U40101GJ1984PTC007311. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parikh Power has 2 court cases on record: 2 filed by the company. 2 are pending.
Parikh Power was incorporated on 01 October 1984, making it 42+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Parikh Power by revenue are Tirupati Coatings Private Limited, Varat Pump & Machinery Pvt Ltd, Shreegee Impex Private Limited, Mihir Engineers Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers, Machinery and Equipment Retail and Distribution), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Kokila Navnit Parikh ceased to be Whole-Time Director on 13 Apr 2021. Navnit Jagjivandas Parikh ceased to be Managing Director on 13 Apr 2021. Devki Nitin Modak ceased to be Additional Director on 29 Sep 2018. Parikh Power has 13 board changes on record in total.
Yes, Parikh Power is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0005316).
Parikh Power can be reached through the website parikhpower.in. Its registered office is in Ahmedabad, Gujarat, India.
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