Powergear Limited logo

Powergear Limited

Manufactures electrical equipment including circuit breakers, enclosures, and bus ducts.

1980 Kanchipuram, Tamil Nadu (India) Active

About

Basic Data Updated:

17 days ago

"Introducing POWERGEAR LIMITED - a leading manufacturer of top-quality electrical equipment. With a strong focus on innovation and reliability, our company specializes in producing a wide range of products including generator circuit breakers, terminal enclosures, and bus ducts. Our state-of-the-art facilities in Chennai and Hindupur (Andhra Pradesh) allow us to deliver exceptional products to our clients. Since our inception in 1980, we have been committed to providing superior solutions to meet the ever-evolving needs of the industry. Headquartered in Chennai, Tamil Nadu, our company continues to set the standard for excellence in the electrical equipment market."

Industry

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU32109TN1980PLC090740
Company No.090740
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date26 Mar 1980
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Chennai

Products or Services related to Powergear Limited

Electro Plating Services

Chrome Electroplating Services

High Current Isolators / Switches

Industrial Switches

Instrument Transformers

Isolation Transformers

E-house Panels

Wall & Roof Panels

product
Content-lock
Powergear Limited offers a wide range of products and services, including: Electroplating Services, Chrome Electroplating Services, Switches & Switch Boxes, Industrial Switches, Transformers & Transformer Parts, Isolation Transformers, Building Panels & Cladding Materials, Wall & Roof Panels, Diesel Engine Generator Set, Power Generator.

Financials of Powergear Limited

financial-graph
Content-lock

Powergear Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 20.3% increase. The company also saw a substantial improvement in profitability, with a 425.23% increase in profit. The company's net worth Soared by an impressive increase of 10.9%.

Corporate Structure

Shareholding-Indiacator
Content-lock

Unlock access to Powergear's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Powergear Limited

Executive Team (2)

  • rajesh_durairaj_637537.png
    Rajesh Durairaj In Managing Director

    Appointment Date: 28-Sep-2007

    Status: Current

  • SP

    Sreenivasulu Palle In Company Secretary

    Appointment Date: 01-Jan-2008

    Status: Current

Board Members(4)

Charges (Loans)

Open Charges

₹116.59 cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 18 Oct 2021
₹7.00 MOpen

State Bank Of India

Creation Date: 04 Nov 1989
₹115.89 CrOpen

Deals i

Valuation-Graph
Content-lock

Gain comprehensive insights into the Deals and Valuation data of Powergear, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Powergear's trajectory.

Rating

Rating-Graph
Content-lock

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alert

Alert-Indicator
Content-lock

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Annual General Meeting

    Powergear Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Balance Sheet

    Powergear Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023
  • Activity

    Charges

    A charge with State Bank Of India of Rs. 115.89 cr registered on 04 Nov 1989 with Charge ID 80022624 was modified on 28 Feb 2023.

    28 Feb 2023
  • Activity

    Charges

    A charge with Axis Bank Limited amounted to Rs. 0.70 cr with Charge ID 100498774 was registered on 18 Oct 2021.

    18 Oct 2021
  • Activity

    Director Appointment

    Tirukkurungudi Seshadri Srinivasan was appointed as a Director was appointed as a Director on 03 Feb 2021 & has been associated with this company since 3 years 3 months .

    03 Feb 2021

Frequently asked questions

What is the Incorporation or founding date of Powergear Limited?

Powergear Limited was incorporated 44 years 2 months ago on 26 Mar 1980 with Registrar of Companies Roc Chennai.

People also Viewed

Similar Companies Based on Industrial Equipment

  • Vestas Wind Technology India Private Limited

    Kanchipuram, Tamil Nadu, India

  • Siemens Gamesa Renewable Power Private Limited

    Tiruvallur, Tamil Nadu, India

  • Hitachi Energy India Limited

    Bangalore, Karnataka, India

  • Abb India Limited

    Bangalore, Karnataka, India

  • Bharat Heavy Electricals Limited

    South Delhi, Delhi, India

  • Waaree Energies Limited

    Mumbai, Maharashtra, India

  • Cummins India Limited

    Pune, Maharashtra, India

  • Tata Cummins Private Limited

    Pune, Maharashtra, India

  • Bosch Limited

    Bangalore, Karnataka, India

  • Ge India Industrial Private Limited

    South Delhi, Delhi, India

  • Cg Power And Industrial Solutions Limited

    Mumbai, Maharashtra, India

  • Tata Power Solar Systems Limited

    Mumbai, Maharashtra, India