- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0087025

About Power Gun Systems Private Limited
Data last updated:
Power Gun Systems Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 13 October 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52334MH1997PTC111255. Its GSTIN is 27AAACP9728K1ZX (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹22.08 Lakh. It is led by directors Chandrasen Pandurang Varhadi and Nandkumar Sadashiv Ramsing.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.09 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹63.69 Lakh (net margin -15.6%) and EBITDA of -₹50.43 Lakh (EBITDA margin -12.3%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹3.89 Cr and satisfied charges of ₹4.76 Cr on record. Court records list 10 cases involving the company, including 3 filed by the company and 7 filed against it.
Power Gun Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0087025). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website powergunups.com.
Company details
Recognitions & Rankings of Power Gun Systems
Contact details
Power Gun Systems Private Limited's registered office is in Thane, Maharashtra. Its website is powergunups.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA/1 Raju Industrial Estate Premises Co – Op Soc. Ltd Penkar Pada Rd Near Dahisar Check Naka, Off N.H 8, Thane, Maharashtra, India – 401104
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Power Gun Systems 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 Power Gun Systems is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Power Gun Systems Private Limited, buy the company report.
Financials of Power Gun Systems Private Limited
FY 2024 filings availablePower Gun Systems Private Limited reported revenue of ₹4.09 Cr (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA fell 26% 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 |
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| EBITDA | -₹50.43 Lakh | ||||
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| Net Profit (PAT) | -₹63.69 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -12.3% | ||||
| Net Profit Margin | -15.6% | ||||
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To see the full financial statements and ratios of Power Gun Systems Private Limited, buy the company report.
Board of directors of Power Gun Systems Private Limited
Power Gun Systems has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrasen Pandurang Varhadi | Director | 13 Oct 1997 | 29 Years 0 Months | Current |
| Nandkumar Sadashiv Ramsing Also directs: Nexerra Electric Private Limited | Director | 25 Sep 1998 | 28 Years 0 Months | Current |
Auditor
Power Gun Systems Private Limited is audited by K R KHARE & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K R KHARE & CO | FY 2022 | 105104W |
Shareholding
The shareholding of Power Gun Systems Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Power Gun Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Oct 2020 | 100381410 | Others | ₹48 Lakh | Open | |
| 01 Jul 2019 | 100279197 | Others | ₹3.15 Cr | Open | |
| 29 Jun 2019 | 100279193 | Others | ₹25 Lakh | Open | |
| 23 Jan 2018 | 100151301 | Others | ₹5,841 | Open | |
| 17 Jan 2018 | 100151300 | Others | ₹35,775 | Open |
To see the full charge records of Power Gun Systems Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Power Gun Systems Private Limited has 10 court cases on record: 3 filed by Power Gun Systems, 7 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 6 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Execution petition | Filed against the company by M/S Okaya Power Pvt Ltd | Disposed |
| District court, Thane, Maharashtra | Court case (Cri.Rev.App.) | Filed against the company by M Power India Pvt. Ltd. Through Poonam Sevlani | Disposed |
| District court, Thane, Maharashtra | Court case (Cri.Appeal) | Filed by the company against M Power India Pvt. Ltd. Through Poonam Sevlani and 1 other | Disposed |
| District court, West, Delhi | Commercial suit | Filed against the company by M/S Okaya Power P. Ltd. | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by M Power India Pvt. Ltd. | Disposed |
To see the full case history of Power Gun Systems 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 Power Gun Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Power Gun Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP9728K1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Power Gun Systems Private Limited, buy the company report.
Recent activity
Power Gun Systems Private Limited has 6 board changes on record since 1997: 3 appointments and 3 cessations. The latest: Kishangopal Ghanshamdas Jhawar ceased to be Additional Director on 30 Nov 2021.
19 earlier events are in the company report.
Frequently asked questions
Power Gun Systems is an active private limited company based in Thane, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 13 October 1997 (29+ years old) and is registered under CIN U52334MH1997PTC111255.
Power Gun Systems has 2 current directors:
- Chandrasen Pandurang Varhadi - Director
- Nandkumar Sadashiv Ramsing - Director
The latest financial statements of Power Gun Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Power Gun Systems is 27AAACP9728K1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Power Gun Systems is U52334MH1997PTC111255. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Power Gun Systems has 10 court cases on record: 3 filed by the company and 7 filed against it. Most are in the district courts.
Power Gun Systems was incorporated on 13 October 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Kishangopal Ghanshamdas Jhawar ceased to be Additional Director on 30 Nov 2021. Kishangopal Ghanshamdas Jhawar was appointed as Director on 31 Mar 2021. Uttam Atmaram Pai ceased to be Director on 31 Mar 2021. Power Gun Systems has 6 board changes on record in total.
Yes, Power Gun Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0087025).
Power Gun Systems can be reached through the website powergunups.com. Its registered office is in Thane, Maharashtra, India.