Softgrip Power Solutions Private Limited
About Softgrip Power Solutions Private Limited
Data last updated:
Softgrip Power Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial testing and measurement equipment segment of the machinery and industrial equipment sector. It was incorporated on 07 February 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31909PN2003PTC017669. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Soham Power and Controls Private Limited. It is led by directors including Balu Pandharinath Muttepawar (Managing Director) and Vilas Ekanath Jagtap (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at Plot No. 57/8 Sector No. 10 Pcntda Pradhikaran Behind Times Of India Bhosari, Pune, Maharashtra, India – 411026.
As per MCA filings, the company has open charges of ₹6.55 Cr on record. Court records list 34 cases involving the company, including 10 filed by the company and 24 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Softgrip Power Solutions Private Limited's registered office is in Pune, Maharashtra.
- Registered AddressPlot No. 57/8 Sector No. 10 Pcntda Pradhikaran Behind Times Of India Bhosari, Pune, Maharashtra, India – 411026
- IndustryMachinery and Equipment, Industrial Testing & Measurement Equipment
- 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
Financials of Softgrip Power Solutions Private Limited
FY 2013 filings availableFinancial Statement Summary
| Metrics | FY 2012-13 |
|---|---|
| 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 | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2012-13 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Softgrip Power Solutions Private Limited, buy the company report.
Board of directors of Softgrip Power Solutions Private Limited
Softgrip Power Solutions has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhakar Pandurang Chavan Also directs: Power Synthesis Private Limited | Additional Director | 02 Feb 2013 | 13 Years 8 Months | Current |
| Vilas Ekanath Jagtap Also directs: Softgrip Power Products LLP | Whole-Time Director | 07 Feb 2003 | 23 Years 8 Months | Current |
| Bharat Yeswantbhai Shah | Director | 16 Aug 2011 | 15 Years 2 Months | Current |
| Maruti Pandurang Surve | Additional Director | 02 Feb 2013 | 13 Years 8 Months | Current |
| Balu Pandharinath Muttepawar Also directs: Softgrip Power Products LLP, Softgrip Infra Products LLP | Managing Director | 27 Jan 2009 | 17 Years 9 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2010 | 10240714 | Bank of India | ₹5 Cr | Open | |
| 31 Mar 2010 | 10214492 | The Vishweshwar Sahakari Bank Limited | ₹40 Lakh | Open | |
| 27 Nov 2009 | 10194212 | The Vishweshwar Sahakari Bank Limited. | ₹15 Lakh | Open | |
| 27 Nov 2009 | 10194213 | The Vishweshwar Sahakari Bank Limited. | ₹85 Lakh | Open | |
| 28 Mar 2008 | 10101490 | Hdfc Bank Limited | ₹15 Lakh | Open |
To see the full charge records of Softgrip Power Solutions Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Softgrip Power Solutions Private Limited has 34 court cases on record: 10 filed by Softgrip Power Solutions, 24 filed against it. 2 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 17 | 2 |
| High courts | 16 | 7 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CAW) | Filed by the company against Kerala State Electronics Development Corporation Ltd. and Anr | Disposed |
| District court, Faridabad, Haryana | Execution petition | Filed against the company by Jairaj Plastochem Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Anchor Electricals Pvt. Ltd. | Disposed |
| District court, Pune, Maharashtra | Court case (Spl .Dkst) | Filed against the company by Anchor Electricals Pvt. Ltd. | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Kerala State Electronics Development Corporation Limited and Anr | Disposed |
To see the full case history of Softgrip Power Solutions 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 Softgrip Power Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Softgrip Power Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Softgrip Power Solutions Private Limited, buy the company report.
Recent activity
Softgrip Power Solutions Private Limited has 14 board changes on record since 2003: 5 appointments and 9 cessations. The latest: Maruti Pandurang Surve was appointed as Additional Director on 02 Feb 2013.
13 earlier events are in the company report.
Frequently asked questions
Softgrip Power Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in industrial testing and measurement equipment, within the machinery and equipment industry. It was incorporated on 07 February 2003 (23+ years old) and is registered under CIN U31909PN2003PTC017669.
Softgrip Power Solutions has 5 current directors:
- Balu Pandharinath Muttepawar - Managing Director
- Vilas Ekanath Jagtap - Whole-Time Director
- Prabhakar Pandurang Chavan - Additional Director
- Bharat Yeswantbhai Shah - Director
- Maruti Pandurang Surve - Additional Director
The latest financial statements of Softgrip Power Solutions on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 30 September 2013. Year-wise statements from 2015 are in the company report.
No. Softgrip Power Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Softgrip Power Solutions is U31909PN2003PTC017669. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Softgrip Power Solutions has 34 court cases on record: 10 filed by the company and 24 filed against it. 2 are pending. Most are in the district courts.
Softgrip Power Solutions was incorporated on 07 February 2003, making it 23+ years old. It is registered with the Registrar of Companies, Pune.
Maruti Pandurang Surve was appointed as Additional Director on 02 Feb 2013. Prabhakar Pandurang Chavan was appointed as Additional Director on 02 Feb 2013. Rajendrakumar Chinubhai Shah ceased to be Director on 02 Feb 2013. Softgrip Power Solutions has 14 board changes on record in total.
The registered office of Softgrip Power Solutions is at Plot No. 578 Sector No. 10 Pcntda Pradhikaran Behind Times Of India Bhosari, Pune, Maharashtra, India – 411026.
Softgrip Power Solutions operates in the machinery and equipment industry, in the industrial testing and measurement equipment segment.