Pasolite Electricals Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 17 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.50 Cr
- Satisfied Charges ₹ 8.00 Cr
- Revenue Growth -32.44%
- Profit Growth 175.18%
- Ebitda 721.58%
- Net Worth 23.63%
- Total Assets -4.35%
About Pasolite Electricals
Pasolite Electricals Private Limited (PEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 March 2008 and has a history of 17 years and one month. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Consumer Electronics & Durables Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹7.50 Cr. The company has closed loans amounting to ₹8.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dilkush Devi, Ganpat Jain, Atish Jain, and One other member serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31409KA2008PTC045849
- Company No.
045849
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Mar 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Consumer Electronics & Durables
What products or services does Pasolite Electricals Private Limited offer?
Pasolite Electricals Private Limited offers a wide range of products and services, including Street, Flood and Commercial Lights, Emergency & Safety Light, Flood Lights, Indoor Lights & Lighting Accessories, Downlights, Street Lights, Garden & Landscaping Products, Garden Lighting, Spot Lights, Decorative Light, Lamp & Lamp Shades.
Pasolite Electricals Private Limited
Explore comprehensive data for Pasolite Electricals Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Pasolite Electricals?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ganpat Jain  | Managing Director | 31-Mar-2008 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ashish Jain | Director | 22-Apr-2016 | Current |
| Dilkush Devi | Director | 31-Mar-2008 | Current |
| Atish Jain | Director | 22-Apr-2016 | Current |
Financial Performance of Pasolite Electricals.
Pasolite Electricals Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 32.44% decrease. The company also saw a substantial improvement in profitability, with a 175.18% increase in profit. The company's net worth Soared by an impressive increase of 23.63%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Pasolite Electricals?
In 2021, Pasolite Electricals had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Pioctave Solutions Private LimitedGanpat Jain is a mutual person
Pronova Ventures LlpGanpat Jain is a mutual person
- Goldfield Foods Private Limited
Ganpat Jain is a mutual person
- Allozen Pharma Private Limited
Atish Jain is a mutual person
Charges (Loans)
Open Charges
₹75.00 M
Satisfied Charges
₹80.00 M
Charges Breakdown by Lending Institutions
- Others : 7.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2016 | Others | ₹7.50 Cr | Open |
| 16 Mar 2009 | Union Bank Of India | ₹8.00 Cr | Satisfied |
How Many Employees Work at Pasolite Electricals?
Pasolite Electricals has a workforce of 8 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Pasolite Electricals, 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 Pasolite Electricals's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Pasolite Electricals
Recent activity within the organization
- Annual General Meeting
Pasolite Electricals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Pasolite Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Others of Rs. 75.00 M registered on 28 Sep 2016 with Charge ID 100071898 was modified on 29 Dec 2022.
- Charges
A charge registered on 16 Mar 2009 via Charge ID 10148775 with Union Bank Of India was fully satisfied on 18 Jan 2017.
- Charges
A charge with Others amounted to Rs. 75.00 M with Charge ID 100071898 was registered on 28 Sep 2016.
- Director Appointment
Atish Ashok Jain was appointed as a Director was appointed as a Director on 22 Apr 2016 & has been associated with this company since 9 years 15 days .
Frequently asked questions
What is the Incorporation or founding date of Pasolite Electricals Private Limited?
Pasolite Electricals Private Limited was incorporated on 31 Mar 2008.
What is authorized share capital and paid-up capital of Pasolite Electricals Private Limited?
The authorized share capital of Pasolite Electricals Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.
Who are the current board members & directors of Pasolite Electricals Private Limited?
Currently 4 directors are associated with Pasolite Electricals Private Limited.
- Dilkush Devi
- Ganpat Raj Jain
- Atish Ashok Jain
- Ashish Kumar Om Prakash Jain
What is the registered address of Pasolite Electricals Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Pasolite Electricals Private Limited is No.8 Ground Floor, 14Th Cross Kilari Road India, Bangalore, Karnataka, 560053.
What is the corporate identification number (CIN) and company number of Pasolite Electricals Private Limited?
The corporate identification number (CIN) of Pasolite Electricals Private Limited is U31409KA2008PTC045849 and the company number is 045849 as per Ministry of Corporate Affairs (MCA).
What is the official website of Pasolite Electricals Private Limited?
The Official website of Pasolite Electricals Private Limited is https://www.pasolite.net
What has been the recent revenue trend for Pasolite Electricals Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Pasolite Electricals Private Limited has fallen by -32.44%.
How many employees does Pasolite Electricals Private Limited currently have?
As Per 2021 financial reports, 8 employees are currently employed by Pasolite Electricals Private Limited.
What change has been observed in the net worth of Pasolite Electricals Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Pasolite Electricals Private Limited has experienced an upsurge of 23.63%.
What are the total open charges for Pasolite Electricals Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Pasolite Electricals Private Limited amount to ₹ 7.50 Cr.
When was the last Balance Sheet of Pasolite Electricals Private Limited filed with the ROC?
The most recent Balance Sheet for Pasolite Electricals Private Limited was filed with the ROC on 31 Mar 2024.
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