Passion Industries Private Limited

Manufacturer of alloy steel wires for automobile components, using raw materials from Jindal Steels.

2013 | Rohtak, Haryana (India) | Active
Last Updated:

Passion Industries Profile

Key Indicators

  • Authorised Capital ₹ 8.55 Cr
  • Paid Up Capital ₹ 8.54 Cr
  • Company Age 12 Year, 17 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 99.53 Cr
  • Satisfied Charges ₹ 64.99 Cr
  • Revenue Growth 52.24%
  • Profit Growth 67.55%
  • Ebitda 65.98%
  • Net Worth 21.80%
  • Total Assets 69.42%

About Passion Industries

Passion Industries Private Limited (PIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 April 2013 and has a history of 12 years. Its registered office is in Rohtak, Haryana, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 8.55 Cr and a paid-up capital of Rs 8.54 Cr.

The company currently has active open charges totaling ₹99.53 Cr. The company has closed loans amounting to ₹64.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

Navdeep Singh, Manju Lata, Tarawati, and One other member serve as directors at the Company.

Company Details

  • Location

    Rohtak, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29221HR2013PTC048913

  • Company No.

    048913

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Apr 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Metals and Minerals
Company report

Passion Industries Private Limited

Explore comprehensive data for Passion Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Passion Industries?

Board Members (4)

NameDesignationAppointment DateStatus
Navdeep Singh Country flag representing In Director 23-Apr-2013Current
Manju Lata Country flag representing In Director Current
Tarawati Country flag representing In Director 12-Nov-2013Current
Divya Singh Country flag representing In Director 17-Feb-2023Current

Financial Performance of Passion Industries.

Passion Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.24% increase. The company also saw a substantial improvement in profitability, with a 67.55% increase in profit. The company's net worth Soared by an impressive increase of 21.8%.

Passion Industries revenue growth over time
Passion Industries 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
52.24%
Revenue from Operations
52.67%
Total Assets
69.42%
Profit or Loss
67.55%
Net Worth
21.80%
EBITDA
65.98%

What is the Ownership and Shareholding Structure of Passion Industries?

In 2023, Passion Industries had a promoter holding of 59.83% and a public holding of 40.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹99.53 Cr

Satisfied Charges

₹64.99 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 45.02 Cr
  • Hdfc Bank Limited : 42.96 Cr
  • Others : 5.00 Cr
  • Sidbi : 4.55 Cr
  • Reliance Home Finance Limited : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 Jun 2024Others₹5.00 CrOpen
19 Apr 2024Hdfc Bank Limited₹42.00 CrOpen
29 Feb 2024Axis Bank Limited₹45.02 CrOpen
15 Feb 2023Sidbi₹1.50 CrOpen
29 Nov 2021Sidbi₹7.00 MOpen

How Many Employees Work at Passion Industries?

Passion Industries has a workforce of 43 employees as of Mar 27, 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.

Employee growth trends for Passion Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Passion Industries, 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 Passion Industries'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 Passion Industries

Recent activity within the organization

  • Charges

    A charge registered on 23 Sep 2022 via Charge ID 100617883 with Others was fully satisfied on 19 Jul 2024.

  • Charges

    A charge registered on 07 Dec 2021 via Charge ID 100507289 with Others was fully satisfied on 19 Jul 2024.

  • Charges

    A charge registered on 31 Oct 2021 via Charge ID 100500646 with Others was fully satisfied on 19 Jul 2024.

  • Charges

    A charge registered on 18 Nov 2013 via Charge ID 10460431 with Others was fully satisfied on 19 Jul 2024.

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100962957 was registered on 14 Jun 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 42.00 Cr registered on 19 Apr 2024 with Charge ID 100908776 was modified on 22 May 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Passion Industries Private Limited?

    Passion Industries Private Limited was incorporated on 23 Apr 2013.

  • What is authorized share capital and paid-up capital of Passion Industries Private Limited?

    The authorized share capital of Passion Industries Private Limited is ₹ 8.55 Cr and paid-up capital is ₹ 8.54 Cr.

  • Who are the current board members & directors of Passion Industries Private Limited?

    Currently 4 directors are associated with Passion Industries Private Limited.

    • Navdeep Singh
    • Manju Lata
    • Tarawati
    • Divya Singh
  • What is the registered address of Passion Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Passion Industries Private Limited is 160 New Hssidc, V.P.O. Kutana Hissar Road India, Rohtak, Haryana, 124001.

  • What is the corporate identification number (CIN) and company number of Passion Industries Private Limited?

    The corporate identification number (CIN) of Passion Industries Private Limited is U29221HR2013PTC048913 and the company number is 048913 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Passion Industries Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Passion Industries Private Limited has risen by 52.24%.

  • How many employees does Passion Industries Private Limited currently have?

    As Per 2023 financial reports, 43 employees are currently employed by Passion Industries Private Limited.

  • What change has been observed in the net worth of Passion Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Passion Industries Private Limited has experienced an upsurge of 21.80%.

  • What are the total open charges for Passion Industries Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Passion Industries Private Limited amount to ₹ 99.53 Cr.

  • When was the last Balance Sheet of Passion Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Passion Industries Private Limited was filed with the ROC on 31 Mar 2023.

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