Pasolite Electricals Private Limited

Manufacturer and trader of lighting products for indoor, outdoor, industrial and residential use.

2008 | Bangaluru, Karnataka (India) | Active
Last Updated: December 13, 2024

Pasolite Electricals Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 16 Year, 10 Months
  • 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 16 years and ten months. 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

    pasolite.net

  • 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.

Who are the key members and board of directors at Pasolite Electricals?

Executive Team (1)

NameDesignationAppointment DateStatus
Ganpat Jain Country flag representing In Managing Director31-Mar-2008Current

Board Members (3)

NameDesignationAppointment DateStatus
Ashish Jain Country flag representing In Director 22-Apr-2016Current
Dilkush Devi Country flag representing In Director 31-Mar-2008Current
Atish Jain Country flag representing In Director 22-Apr-2016Current

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%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-32.44%
Revenue from Operations
-32.32%
Total Assets
-4.35%
Profit or Loss
175.18%
Net Worth
23.63%
EBITDA
721.58%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹75.00 M

Satisfied Charges

₹80.00 M

Charges Breakdown by Lending Institutions

  • Others : 7.50 Cr

Latest Charge Details

DateLenderAmountStatus
28 Sep 2016Others₹7.50 CrOpen
16 Mar 2009Union Bank Of India₹8.00 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

    30 Sep 2024

  • Balance Sheet

    Pasolite Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • 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.

    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.

    18 Jan 2017

  • Charges

    A charge with Others amounted to Rs. 75.00 M with Charge ID 100071898 was registered on 28 Sep 2016.

    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 8 years 10 months .

    22 Apr 2016

Frequently asked questions

  • Pasolite Electricals Private Limited was incorporated on 31 Mar 2008.

  • The authorized share capital of Pasolite Electricals Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 4 directors are associated with Pasolite Electricals Private Limited.

    • Dilkush Devi
    • Ganpat Raj Jain
    • Atish Ashok Jain
    • Ashish Kumar Om Prakash Jain
  • 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.

  • 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).

  • The Official website of Pasolite Electricals Private Limited is https://www.pasolite.net

  • According to the financial reports for the fiscal year 2021, the revenue trend for Pasolite Electricals Private Limited has fallen by -32.44%.

  • As Per 2021 financial reports, 8 employees are currently employed by Pasolite Electricals Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Pasolite Electricals Private Limited amount to ₹ 7.50 Cr.

  • The most recent Balance Sheet for Pasolite Electricals Private Limited was filed with the ROC on 31 Mar 2024.