Prasad GWK Cooltech Private Limited

Prasad GWK Cooltech Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U29190GJ1998PTC033558 Incorporated 13 January 1998 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company machinery and equipment MSME · Medium
Data last updated
Revenue · FY 2024
₹123.99 Cr
▼ 6% YoY
Net profit · FY 2024
₹7.34 Cr
Net margin 5.9%
EBITDA · FY 2024
₹10.33 Cr
EBITDA margin 8.3%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹4.5 Cr
Secured borrowings
Company age
28 yrs
Est. 1998
Employees · EPFO
138
Provident fund records

About Prasad GWK Cooltech Private Limited

Data last updated:

Prasad GWK Cooltech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 13 January 1998 and has been in existence for over 28 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29190GJ1998PTC033558. Its GSTIN is 24AABCP4965D1ZK (Gujarat).

The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Prakashbhai Hemendrabhai Shah and Premal Jayant Patwa.

Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No14 & 16 Phase I Gidcestate Vatva, Ahmedabad, Gujarat, India – 382445.

As per the financials filed for FY 2024, the company reported a revenue of ₹123.99 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹7.34 Cr (net margin 5.9%) and EBITDA of ₹10.33 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 7% over five years.

The company has about 138 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹4.5 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 1 deal on record (1 secondary share transfer); the latest was in August 2023.

Prasad GWK Cooltech Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0059326). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prasadgroup.com.

Company details

CIN U29190GJ1998PTC033558
Registration Number 033558
Incorporation Date 13 January 1998
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0059326
Key People
Prakashbhai Hemendrabhai Shah Director Premal Jayant Patwa Director Bhavin Hemendrabhai Shah Director

Recognitions & Rankings of Prasad GWK Cooltech

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-01-0059326

Contact details

Prasad GWK Cooltech Private Limited's registered office is in Ahmedabad, Gujarat. Its website is prasadgroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    prasadgroup.com
  • Registered Address
    Plot No14 & 16 Phase I Gidcestate Vatva, Ahmedabad, Gujarat, India – 382445
  • Industry
    Machinery and Equipment, Industrial Compressors & Pneumatic Systems

To see the full contact details of Prasad GWK Cooltech Private Limited, buy the company report.

Comprehensive company report
Prasad GWK Cooltech 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 Prasad GWK Cooltech is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Prasad GWK Cooltech Private Limited, buy the company report.

Financials of Prasad GWK Cooltech Private Limited

FY 2024 filings available

Prasad GWK Cooltech Private Limited reported revenue of ₹123.99 Cr (down 6% YoY) for FY 2024.

Revenue · FY 2024
₹123.99 Cr ▼ 6%
Net profit · FY 2024
₹7.34 Cr margin 5.9%
EBITDA · FY 2024
₹10.33 Cr margin 8.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 12%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 3%
5 years · compounded
▲ 4%

Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹10.33 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹7.34 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin8.3%
Net Profit Margin5.9%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
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 Prasad GWK Cooltech Private Limited, buy the company report.

Board of directors of Prasad GWK Cooltech Private Limited

Prasad GWK Cooltech has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Prakashbhai Hemendrabhai Shah
Also directs: Pneucon Solids Automation LLP, Prasad Pneucon Automation LLP, Prashant Gamatex Pvt Ltd and 5 more
Director13 Jan 199828 Years 9 MonthsCurrent
Premal Jayant Patwa
Also directs: Prasad Wemo Robot Systems Private Limited, Prashant Texmach Pvt Ltd
Director12 Mar 20188 Years 7 MonthsCurrent
Bhavin Hemendrabhai Shah
Also directs: Prashant Gamatex Pvt Ltd, Prasad Wemo Robot Systems Private Limited, Prasad Crilec Automation Private Limited and 5 more
Director13 Jan 199828 Years 9 MonthsCurrent
Dhruv Prakashbhai Shah
Also directs: Pneucon Solids Automation LLP, Prasad Pneucon Automation LLP, Prashant Gamatex Pvt Ltd and 5 more
Director26 Sep 20242 Years 1 MonthsCurrent
Amoli Prakash Shah
Also directs: Prashant Gamatex Pvt Ltd, Prasad Wemo Robot Systems Private Limited, Prasad Crilec Automation Private Limited and 5 more
Director12 Mar 20188 Years 7 MonthsCurrent
Roshaniben Dhruvbhai Shah
Also directs: Prasad Granulomatic Private Limited, Prasad Crilec Automation Private Limited
Nominee Director05 Dec 20232 Years 11 MonthsCurrent
View all directors

Auditor

Prasad GWK Cooltech Private Limited is audited by MEHTA SHETH & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MEHTA SHETH & ASSOCIATESFY 2023106238W

Shareholding

The shareholding of Prasad GWK Cooltech 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Prasad GWK Cooltech Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹4.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 May 201410500316Hdfc Bank Limited₹4.5 CrOpen
05 Jan 200090104922State Bank 0F India₹-Satisfied

To see the full charge records of Prasad GWK Cooltech Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Prasad GWK Cooltech Private Limited has 1 deal on record (1 secondary share transfer); the latest was in August 2023.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Aug 2023Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Prasad GWK Cooltech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Prasad GWK Cooltech Private Limited has a workforce of 138 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.

Employee count
138
Active EPFO establishments
1
Employee growth
6.15%

GST

Prasad GWK Cooltech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCP4965D1ZKGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Prasad GWK Cooltech Private Limited, buy the company report.

Recent activity

Prasad GWK Cooltech Private Limited has 10 board changes on record since 1998: 6 appointments and 4 cessations. The latest: Dhruv Prakashbhai Shah was appointed as Director on 26 Sep 2024.

Charges
A charge with Hdfc Bank Limited of Rs. 450.00 Lakh registered on 29 May 2014 with Charge ID 10500316 was modified on 25 Sep 2025.
AGM
Prasad Gwk Cooltech Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
Appointed
Dhruv Prakashbhai Shah was appointed as Director.
Filing
Prasad Gwk Cooltech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Roshaniben Dhruvbhai Shah was appointed as Nominee Director.
Ceased
Patrick Zeppenfeld ceased to be Director.
Ceased
Reinhard Anton Zeppenfeld ceased to be Director.
Ceased
Amoli Prakash Shah ceased to be Additional Director.
Ceased
Premal Jayant Patwa ceased to be Additional Director.
Appointed
Amoli Prakash Shah was appointed as Director.
Appointed
Premal Jayant Patwa was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 450.00 Lakh with Charge ID 10500316 was registered on 29 May 2014.

5 earlier events are in the company report.

Frequently asked questions

Prasad GWK Cooltech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 13 January 1998 (28+ years old) and is registered under CIN U29190GJ1998PTC033558.

Prasad GWK Cooltech has 6 current directors:

The latest financial statements of Prasad GWK Cooltech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Prasad GWK Cooltech is 24AABCP4965D1ZK, registered in Gujarat.

The CIN (Corporate Identification Number) of Prasad GWK Cooltech is U29190GJ1998PTC033558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Prasad GWK Cooltech has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.

Prasad GWK Cooltech was incorporated on 13 January 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Prasad GWK Cooltech has 1 deal on record (1 secondary share transfer); the latest was in August 2023.

Dhruv Prakashbhai Shah was appointed as Director on 26 Sep 2024. Roshaniben Dhruvbhai Shah was appointed as Nominee Director on 05 Dec 2023. Patrick Zeppenfeld ceased to be Director on 25 Mar 2021. Prasad GWK Cooltech has 10 board changes on record in total.

Yes, Prasad GWK Cooltech is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0059326).