Patil Electric Works Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.41 Cr
- Company Age 21 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.52 Cr
- Satisfied Charges ₹ 6.36 Cr
- Revenue Growth 7.45%
- Profit Growth 45.50%
- Ebitda 61.64%
- Net Worth 0.36%
- Total Assets 16.75%
About Patil Electric Works
Patil Electric Works Private Limited (PEWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 June 2003 and has a history of 21 years and nine months. Its registered office is in Dharwad, Karnataka, India.
The Corporate was formerly known as Patit Electric Works Private Limited. The Company is engaged in the Machinery And Equipment 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 1.50 Cr and a paid-up capital of Rs 1.41 Cr.
The company currently has active open charges totaling ₹2.52 Cr. The company has closed loans amounting to ₹6.36 Cr, as per Ministry of Corporate Affairs (MCA) records.
Prasad Patil, Ashwini Patil, and Ramesh Patil serve as directors at the Company.
Company Details
- Location
Dharwad, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31103KA2003PTC032058
- Company No.
032058
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Jun 2003
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Machinery and Equipment
What products or services does Patil Electric Works Private Limited offer?
Patil Electric Works Private Limited offers a wide range of products and services, including VFD, PLC, HMI & Control Equipments, Starters, Electrical Panels & Distribution Box, Electrical Distribution System, Industrial Control Panel, Electric Control Panel.
Patil Electric Works Private Limited
Explore comprehensive data for Patil Electric Works Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Patil Electric Works?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prasad Patil  | Director | 01-Apr-2005 | Current |
| Ashwini Patil | Director | 01-Apr-2007 | Current |
| Ramesh Patil | Director | 09-May-2024 | Current |
Financial Performance of Patil Electric Works.
Patil Electric Works Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.45% increase. The company also saw a substantial improvement in profitability, with a 45.5% increase in profit. The company's net worth moved up by a moderate rise of 0.36%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Patil Electric Works?
In 2023, Patil Electric Works 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)
Spotter Mobility Solutions Private LimitedPrasad Patil is a mutual person
Abslon Engineering Private LimitedPrasad Patil and Ashwini Patil are mutual person
Viraaj Nxgen Systems Private LimitedPrasad Patil is a mutual person
Charges (Loans)
Open Charges
₹2.52 Cr
Satisfied Charges
₹6.36 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 2.38 Cr
- Others : 0.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jun 2024 | Others | ₹1.35 M | Open |
| 12 Nov 2020 | State Bank Of India | ₹2.38 Cr | Open |
| 21 Nov 2017 | Karnataka State Financial Corporation | ₹5.00 M | Satisfied |
| 25 Aug 2014 | The Shamrao Vithal Co-Operative Bank Limited | ₹3.26 Cr | Satisfied |
| 27 Apr 2012 | The Shamrao Vithal Co-Operative Bank Limited | ₹8.34 M | Satisfied |
How Many Employees Work at Patil Electric Works?
Patil Electric Works has a workforce of 58 employees as of Apr 09, 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 Patil Electric Works, 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 Patil Electric Works'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 Patil Electric Works
Recent activity within the organization
- Annual General Meeting
Patil Electric Works Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100960307 was registered on 27 Jun 2024.
- Director Appointment
Ramesh Alagouda Patil was appointed as a Director was appointed as a Director on 09 May 2024 & has been associated with this company since 10 months 8 days .
- Balance Sheet
Patil Electric Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge registered on 21 Nov 2017 via Charge ID 100137809 with Karnataka State Financial Corporation was fully satisfied on 29 Nov 2023.
- Charges
A charge with State Bank Of India of Rs. 2.38 Cr registered on 12 Nov 2020 with Charge ID 100401887 was modified on 29 Mar 2022.
Frequently asked questions
What is the Incorporation or founding date of Patil Electric Works Private Limited?
Patil Electric Works Private Limited was incorporated on 05 Jun 2003.
What is authorized share capital and paid-up capital of Patil Electric Works Private Limited?
The authorized share capital of Patil Electric Works Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.41 Cr.
Who are the current board members & directors of Patil Electric Works Private Limited?
Currently 3 directors are associated with Patil Electric Works Private Limited.
- Prasad Ramesh Patil
- Ashwini Ramesh Patil
- Ramesh Alagouda Patil
What is the registered address of Patil Electric Works Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Patil Electric Works Private Limited is Spl. Plot No.7, Industrial Estate Gokul Road India, Hubli, Karnataka, 580030.
What is the corporate identification number (CIN) and company number of Patil Electric Works Private Limited?
The corporate identification number (CIN) of Patil Electric Works Private Limited is U31103KA2003PTC032058 and the company number is 032058 as per Ministry of Corporate Affairs (MCA).
What is the official website of Patil Electric Works Private Limited?
The Official website of Patil Electric Works Private Limited is https://www.pewpl.in
What has been the recent revenue trend for Patil Electric Works Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Patil Electric Works Private Limited has risen by 7.45%.
How many employees does Patil Electric Works Private Limited currently have?
As Per 2023 financial reports, 58 employees are currently employed by Patil Electric Works Private Limited.
What change has been observed in the net worth of Patil Electric Works Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Patil Electric Works Private Limited has experienced an upsurge of 0.36%.
What are the total open charges for Patil Electric Works Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Patil Electric Works Private Limited amount to ₹ 2.52 Cr.
When was the last Balance Sheet of Patil Electric Works Private Limited filed with the ROC?
The most recent Balance Sheet for Patil Electric Works Private Limited was filed with the ROC on 31 Mar 2024.
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