
Provalue Electric Private Limited
About Provalue Electric Private Limited
Data last updated:
Provalue Electric Private Limited is a private limited company based in Jaipur, Rajasthan, India, recognised as a startup by DPIIT. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 21 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U29100RJ2020PTC071149. Its GSTIN is 08AALCP4428P1ZP (Rajasthan). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors including Abhaya Kumar Jena and Ashish Raina.
Its last annual general meeting (AGM) was held on 11 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No. 18A Shyam Nagari Rajawas Sikar Road, Jaipur, Rajasthan, India – 303704.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.05 Cr. For the same year it recorded a net profit of ₹5.12 Lakh (net margin 2.5%) and EBITDA of ₹5.79 Lakh (EBITDA margin 2.8%).
The company is associated with 1 brand: Provolt. As per MCA filings, the company has open charges of ₹1.3 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 3 cases are pending.
Provalue Electric Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0023178).
Company details
Recognitions & Rankings of Provalue Electric
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-RJ-17-0023178
Contact details
Provalue Electric Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressPlot No. 18A Shyam Nagari Rajawas Sikar Road, Jaipur, Rajasthan, India – 303704
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Provalue Electric 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
Brands
Provalue Electric operates one associated brand: Provolt. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distributes EV charging points and provides installation services across India. | provolt.co.in |
Business activity
The main business activity of Provalue Electric 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 Provalue Electric Private Limited, buy the company report.
Financials of Provalue Electric Private Limited
FY 2021 filings availableProvalue Electric Private Limited reported revenue of ₹2.05 Cr for FY 2021.
Financial Statement Summary
| Metrics | FY 2020-21 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹2.05 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹5.79 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹5.12 Lakh |
| 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
| Metrics | FY 2020-21 |
|---|---|
| Profitability | |
| EBITDA Margin | 2.8% |
| Net Profit Margin | 2.5% |
| 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 Provalue Electric Private Limited, buy the company report.
Board of directors of Provalue Electric Private Limited
Provalue Electric has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhaya Kumar Jena | Director | 10 Nov 2022 | 3 Years 11 Months | Current |
| Ashish Raina | Director | 21 Sep 2020 | 6 Years 1 Months | Current |
| Mayank Chaturvedi | Director | 21 Sep 2020 | 6 Years 1 Months | Current |
Auditor
Provalue Electric Private Limited is audited by KAMAL JANGID AND COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAMAL JANGID AND COMPANY | FY 2021 | 027209C |
Shareholding
The shareholding of Provalue Electric Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Provalue Electric Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2021 | 100518465 | City Union Bank Limited | ₹1.3 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Provalue Electric Private Limited has 5 court cases on record: 5 filed against it. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 3 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Medchal Malkajgiri, Telangana | Cheque dishonour complaint | Filed against the company by M/S Usha Conductors Private Limited Rep by Its Director Sri Vikash Garg | Pending |
| District court, New Delhi, Delhi | Revision petition | Filed against the company | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by M/S Girnar Industries | Pending |
| District court, Panipat, Haryana | Cheque dishonour complaint | Filed against the company by Chhabra Enterprises | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Provalue Electric 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 Provalue Electric Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Provalue Electric Private Limited has 1 active EPFO establishment as of Apr 02, 2024.
GST
Provalue Electric has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AALCP4428P1ZP | Rajasthan | Active | 30 Sep 2020 |
| 36AALCP4428P1ZQ | Telangana | Active | 08 Oct 2020 |
| 06AALCP4428P1ZT | Haryana | Active | 31 Dec 2020 |
| 23AALCP4428P1ZX | Madhya Pradesh | Active | 14 Jul 2021 |
To see the full GST registrations and return filing status of Provalue Electric Private Limited, buy the company report.
Recent activity
Provalue Electric Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Abhaya Kumar Jena was appointed as Director on 10 Nov 2022.
Frequently asked questions
Provalue Electric is an active private limited company based in Jaipur, Rajasthan, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 21 September 2020 (6+ years old) and is registered under CIN U29100RJ2020PTC071149.
Provalue Electric has 3 current directors:
- Abhaya Kumar Jena - Director
- Ashish Raina - Director
- Mayank Chaturvedi - Director
The latest financial statements of Provalue Electric on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 11 November 2021. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Provalue Electric is 08AALCP4428P1ZP, registered in Rajasthan. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 36AALCP4428P1ZQ (Telangana), 06AALCP4428P1ZT (Haryana), 23AALCP4428P1ZX (Madhya Pradesh).
The CIN (Corporate Identification Number) of Provalue Electric is U29100RJ2020PTC071149. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Provalue Electric has 5 court cases on record: 5 filed against it. 3 are pending.
Provalue Electric was incorporated on 21 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Jaipur.
Abhaya Kumar Jena was appointed as Director on 10 Nov 2022. Sudipta Kumar Jena ceased to be Director on 10 Nov 2022. Ashish Raina was appointed as Director on 21 Sep 2020. Provalue Electric has 4 board changes on record in total.
Yes, Provalue Electric is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Provalue Electric is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-17-0023178).

