Techno Power Combines Private Limited
About Techno Power Combines Private Limited
Data last updated:
Techno Power Combines Private Limited is a private limited company based in Mandavelimadras, Tamil Nadu, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 25 August 1995.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29303TN1995PTC032703. Its GSTIN is 33AAACT3751G1ZM (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.75 Lakh. It is led by directors Duraisamy Ravikumar (Managing Director) and Anitha Ravikumar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 1/5 Trustpakkam South Streetmandavelimadras 600028 Mandavelimadras 600028, Tamil Nadu, India.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.96 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹4.29 Lakh (net margin 1.1%) and EBITDA of ₹17.61 Lakh (EBITDA margin 4.4%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years.
As per MCA filings, the company has open charges of ₹1.62 Cr on record. Court records list 8 cases involving the company, including 8 filed against it; 2 cases are pending.
Company details
Contact details
Techno Power Combines Private Limited's registered office is in Mandavelimadras, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1/5 Trustpakkam South Streetmandavelimadras 600028 Mandavelimadras 600028, Tamil Nadu, India
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Techno Power Combines 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
Business activity
The main business activity of Techno Power Combines is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Techno Power Combines Private Limited, buy the company report.
Financials of Techno Power Combines Private Limited
FY 2019 filings availableTechno Power Combines Private Limited reported revenue of ₹3.96 Cr (down 11% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over three years, including a 11% fall in the latest year. EBITDA rose 3% 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.96 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹17.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.29 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Techno Power Combines Private Limited, buy the company report.
Board of directors of Techno Power Combines Private Limited
Techno Power Combines has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Duraisamy Ravikumar Also directs: Frigsales Climate Technologies Private Limited | Managing Director | 25 Aug 1995 | 31 Years 1 Months | As last reported |
| Anitha Ravikumar Also directs: Frigsales Climate Technologies Private Limited | Director | 11 Dec 2002 | 23 Years 10 Months | As last reported |
Auditor
Techno Power Combines Private Limited is audited by V NARAYANAN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V NARAYANAN & CO | FY 2019 | 002398S |
Shareholding
The shareholding of Techno Power Combines Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Techno Power Combines Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Feb 2013 | 10411048 | Dena Bank | ₹90 Lakh | Open | |
| 29 Sep 2010 | 10245723 | Canara Bank | ₹25 Lakh | Open | |
| 15 Apr 2004 | 90283273 | Central Bank of India | ₹10 Lakh | Open | |
| 15 Apr 2004 | 90290421 | Central Bank of India | ₹37 Lakh | Open |
To see the full charge records of Techno Power Combines Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Techno Power Combines Private Limited has 8 court cases on record: 8 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Akta Enterprise Pvt Ltd | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Iifl Home Finance Ltd | Disposed |
| NCLT, Chennai | Insolvency matter | Filed against the company by Elektronika Sales Private LTDC | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by M/S. Silver Edge Enterprises Through Mr. Laxman Chaloba Gawade | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Johnson Control -Hitachi Air Conditioning India Ltd /Mohamad Afzal M Vohra | Pending |
To see the full case history of Techno Power Combines 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 Techno Power Combines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Techno Power Combines has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACT3751G1ZM | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Techno Power Combines Private Limited, buy the company report.
Recent activity
Techno Power Combines Private Limited has 4 board changes on record since 1995: 2 appointments and 2 cessations. The latest: Mohamed Ali ceased to be Director on 30 Mar 2019.
2 earlier events are in the company report.
Frequently asked questions
Techno Power Combines is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Techno Power Combines is a company under liquidation, formerly operating as a private limited company based in Mandavelimadras, Tamil Nadu, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 25 August 1995 and is registered under CIN U29303TN1995PTC032703. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Techno Power Combines has 2 current directors:
- Duraisamy Ravikumar - Managing Director
- Anitha Ravikumar - Director
The latest financial statements of Techno Power Combines on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Techno Power Combines is U29303TN1995PTC032703. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Techno Power Combines has open charges of ₹1.62 Cr and no satisfied charges on record as per latest MCA filings.
Techno Power Combines has 8 court cases on record: 8 filed against it. 2 are pending. Most are in the district courts.
Techno Power Combines was incorporated on 25 August 1995. It is registered with the Registrar of Companies, Chennai.
Mohamed Ali ceased to be Director on 30 Mar 2019. Rajesh ceased to be Director on 30 Mar 2019. Anitha Ravikumar was appointed as Director on 11 Dec 2002. Techno Power Combines has 4 board changes on record in total.
The registered office of Techno Power Combines is at 15 Trustpakkam South Streetmandavelimadras 600028 Mandavelimadras 600028, Tamil Nadu, India.