About
Basic Data Updated:
28 days agoCummins diesel and gas generators are manufactured by Powerica Limited, a company that specializes in equipment manufacturing for Cummins. The engines and alternators used in the manufacturing process are sourced from Cummins Generator Technologies India Ltd, a group company of Cummins. Additionally, DG sets from MAN Diesel & Turbo SE, Germany are also sold by the company. Powerica Limited offers a diverse product portfolio, including diesel generators, gas generators, power distribution systems, and acoustic enclosures. The company also has a presence in the renewable energy sector, operating 11 wind farms with a total capacity of 203.35 MW in Gujarat and Tamil Nadu. Among its impressive list of clients are Bajaj Auto Ltd, Lotus TVS, Tata Group, HDFC Bank, and Balaji Mining. These companies have chosen to partner with Powerica Limited due to its strong partnerships with industry leaders such as Cummins, MAN, and Vestas. Through its dedication to quality and innovation, Powerica Limited has established itself as a trusted and reliable provider of power solutions. Its commitment to excellence has made it a leader in the industry, setting the standard for others to follow.
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U31100MH1984PLC032825 |
| Company No. | 032825 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 04 May 1984 |
| Date of AGM | 27 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Mumbai |
Products or Services related to Powerica Limited
Extension Board
Environmental Consultants
Diesel Engine Generator Set
Diesel Generator
Financials of Powerica Limited
Powerica Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 57.55% increase. The company also saw a substantial improvement in profitability, with a 324.5% increase in profit. The company's net worth moved up by a moderate rise of 4.35%.
Corporate Structure
Unlock access to Powerica'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 Powerica Limited
Unlock and access historical data on people associated with Powerica, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
NC
Naresh Chander
Managing DirectorAppointment Date: 04-May-1984
Status: Current
MA
Manish Agarwal CFOAppointment Date: 01-Sep-2022
Status: Current
AR
Anita Renuse Company SecretaryAppointment Date: 01-Sep-2022
Status: Current
Board Members(6)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Standard Chartered Bank Creation Date: 04 Dec 2023 | ₹30.00 Cr | Open |
Axis Bank Limited Creation Date: 02 Jul 2021 | ₹225.00 Cr | Open |
Hdfc Bank Limited Creation Date: 11 May 2020 | ₹225.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Powerica, 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 Powerica's trajectory.
Rating
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Alert
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Related Corporates (Common Directorship)
30 years 7 months 
Recent activity within the organization
Charges
A charge registered on 08 Aug 2014 via Charge ID 10521092 with Standard Chartered Bank was fully satisfied on 19 Jan 2024.
19 Jan 2024Charges
A charge registered on 09 Jul 2015 via Charge ID 10580513 with Standard Chartered Bank was fully satisfied on 17 Jan 2024.
17 Jan 2024Charges
A charge registered on 15 Sep 2021 via Charge ID 100481321 with Others was fully satisfied on 16 Jan 2024.
16 Jan 2024Charges
A charge registered on 24 Dec 2020 via Charge ID 100407563 with Others was fully satisfied on 16 Jan 2024.
16 Jan 2024Charges
A charge with Standard Chartered Bank of Rs. 60.00 cr registered on 14 May 2019 with Charge ID 100261983 was modified on 15 Jan 2024.
15 Jan 2024
Recent News, Updates & Announcement
Hyundai Heavy Industries HiMSEN Engine Enters Indian Nuclear Power Plant Market.Businesskorea 10 Jul 2019
- Powerica files DRHP with SEBI.
India Infoline 11 Mar 2019
- StanChart Private Equitybacked power generator maker set to file for IPO again.
VCCircle 10 Aug 2018
- Vestas secures first order for V12022 MW from Indian auction win.
Vestas 30 Mar 2018
- IPO Alert Powerica planning Rs 800 crore issue.
India Infoline 28 Jun 2017
Frequently asked questions
What is the Incorporation or founding date of Powerica Limited?
