Power Plus Electronics India Private Limited
About Power Plus Electronics India Private Limited
Data last updated:
Power Plus Electronics India Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the computer segment of the electronics sector. It was incorporated on 24 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31109KA1999PTC025632. Its GSTIN is 29AADCP0219L1ZC (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Lakshmi Vasantharaj and Lokesh Chinnaswamaiah Subbarao.
Its last annual general meeting (AGM) was held on 31 March 2021, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No.1203/1 Opp. Sri Ram Mandirkantharaja Urs Road Mysore., Karnataka, India – 570005.
As per the financials filed for FY 2020, the company reported a revenue of ₹8.17 Lakh, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹91,943 (net margin -11.3%) and EBITDA of -₹73,511 (EBITDA margin -9%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹2 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Power Plus Electronics India Private Limited's registered office is in Mysore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.1203/1 Opp. Sri Ram Mandirkantharaja Urs Road Mysore., Karnataka, India – 570005
- IndustryElectrnoics, Computer, Scientific Measuring Equipment, Electronic, Communication
To see the full contact details of Power Plus Electronics India 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 Plus Electronics India is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Power Plus Electronics India Private Limited, buy the company report.
Financials of Power Plus Electronics India Private Limited
FY 2020 filings availablePower Plus Electronics India Private Limited reported revenue of ₹8.17 Lakh (down 13% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 13% fall in the latest year. EBITDA rose 72% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹73,511 | ||||
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| Net Profit (PAT) | -₹91,943 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -9% | ||||
| Net Profit Margin | -11.3% | ||||
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To see the full financial statements and ratios of Power Plus Electronics India Private Limited, buy the company report.
Board of directors of Power Plus Electronics India Private Limited
Power Plus Electronics India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmi Vasantharaj Also directs: Viprodhyama India Private Limited | Director | 04 Sep 2009 | 17 Years 1 Months | Current |
| Lokesh Chinnaswamaiah Subbarao | Director | 24 Sep 1999 | 27 Years 1 Months | Current |
Peer comparison
Power Plus Electronics India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer, electronic, communication and scientific measuring & control equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Airtificial Ir India Private Limited | ₹8.38 Lakh (FY 2022) | Bangalore, Karnataka, India | ||||
| Globalcal Private Limited | ₹8.23 Lakh (FY 2023) | Mumbai, Maharashtra, India | ||||
| Innbits Technologies Private Limited | ₹8.23 Lakh (FY 2023) | 48.0% | Bengaluru, Karnataka, India | |||
| PCB Power (India) Limited | ₹8.2 Lakh (FY 2025) | 14.0% | Ahmedabad, Gujarat, India | |||
| Ruchika Impex (India) Private Limited | ₹8.18 Lakh (FY 2025) | 54.0% | Delhi, India | |||
| Power Plus Electronics India Private Limitedthis company | ₹8.17 Lakh (FY 2020) | -₹91,943 | -11.3% | -13.0% | Mysore, Karnataka, India | |
| Swapnil Mechatronics Private Limited | ₹8.09 Lakh (FY 2024) | Sonbhadra, Uttar Pradesh, India | ||||
| Alsol Technology Solution Private Limited | ₹8.02 Lakh (FY 2025) | 60.0% | Alipurduar, West Bengal, India | |||
| Kanmech Multiclean Equipments Private Limited | ₹8.02 Lakh (FY 2024) | 61.0% | Jaipur, Rajasthan, India | |||
| Misthi News and Media Production Private Limited | ₹8 Lakh (FY 2021) | Amethi, Uttar Pradesh, India | ||||
| Deccanr Automotive Private Limited | ₹7.99 Lakh (FY 2025) | Secunderabad, Telangana, India |
To see the full peer comparison of Power Plus Electronics India Private Limited, buy the company report.
Auditor
Power Plus Electronics India Private Limited is audited by GOVINDARAJU & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOVINDARAJU & CO | FY 2017 | 01001S |
Shareholding
The shareholding of Power Plus Electronics India Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Power Plus Electronics India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jan 2011 | 10262905 | State Bank of Mysore | ₹2 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Power Plus Electronics India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Power Plus Electronics India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Power Plus Electronics India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCP0219L1ZC | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Power Plus Electronics India Private Limited, buy the company report.
Recent activity
Power Plus Electronics India Private Limited has 3 board changes on record since 1999: 2 appointments and 1 cessation. The latest: Lakshmi Vasantharaj was appointed as Director on 04 Sep 2009.
Frequently asked questions
Power Plus Electronics India is an active private limited company based in Mysore, Karnataka, India. The company works in computer, within the electronics industry. It was incorporated on 24 August 1999 (27+ years old) and is registered under CIN U31109KA1999PTC025632.
Power Plus Electronics India has 2 current directors:
- Lakshmi Vasantharaj - Director
- Lokesh Chinnaswamaiah Subbarao - Director
The latest financial statements of Power Plus Electronics India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 March 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Power Plus Electronics India is 29AADCP0219L1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Power Plus Electronics India is U31109KA1999PTC025632. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Power Plus Electronics India was incorporated on 24 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Power Plus Electronics India by revenue are Airtificial Ir India Private Limited, Globalcal Private Limited, Innbits Technologies Private Limited, PCB Power (India) Limited, Ruchika Impex (India) Private Limited and 5 more, all in the same principal business activity (computer, electronic, communication and scientific measuring & control equipment).
Lakshmi Vasantharaj was appointed as Director on 04 Sep 2009. Myndapanda Aiyanna Nachappa ceased to be Director on 04 Sep 2009. Lokesh Chinnaswamaiah Subbarao was appointed as Director on 24 Sep 1999.
The registered office of Power Plus Electronics India is at No.12031 Opp. Sri Ram Mandirkantharaja Urs Road Mysore., Karnataka, India – 570005.
Power Plus Electronics India operates in the electronics industry, in the computer segment.
Power Plus Electronics India has open charges of ₹2 Lakh and no satisfied charges on record as per latest MCA filings.