Patni Sortech Private Limited

Company specializes in trading, distribution, and branding of various drugs and pharmaceuticals, as well as sale and service of solar and thermal products.

2017 | Jaipur, Rajasthan (India) | Active
Last Updated: November 16, 2024

Patni Sortech Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 7 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.94 Cr
  • Satisfied Charges ₹ 1.30 Cr
  • Revenue Growth -98.87%
  • Profit Growth 0.40%
  • Ebitda -3.05%
  • Net Worth -398.82%
  • Total Assets -31.25%

About Patni Sortech

Patni Sortech Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 November 2017 (Seven years and two months 22 days old ). Its registered office is in Jaipur, Rajasthan, India.

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 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹3.94 Cr. The company has closed loans amounting to ₹1.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashish Patni and Nisha Patni serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    patnisortech.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999RJ2017PTC059583

  • Company No.

    059583

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Nov 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Machinery and Equipment

What products or services does Patni Sortech Private Limited offer?

Patni Sortech Private Limited offers a wide range of products and services, including Solar Power Plants, Solar Home Systems, Solar Power Pack, Solar Panels, Portable Solar Panel, Solar Home Light, Solar Home Light Systems, Street Lights, Solar Street Lighting System, Pumping Systems.

Who are the key members and board of directors at Patni Sortech?

Board Members (2)

Name Designation Appointment Date Status
Ashish Patni Country flag representing In Director 23-Nov-2017 Current
Nisha Patni Country flag representing In Director 23-Nov-2017 Current

Financial Performance of Patni Sortech.

Patni Sortech Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 98.87% decrease. The company also saw a slight improvement in profitability, with a 0.4% increase in profit. The company's net worth observed a substantial decline by a decrease of 398.82%.

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
-98.87%
Revenue from Operations
-98.90%
Total Assets
-31.25%
Profit or Loss
0.40%
Net Worth
-398.82%
EBITDA
-3.05%

What is the Ownership and Shareholding Structure of Patni Sortech?

In 2023, Patni Sortech 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

₹39.42 M

Satisfied Charges

₹13.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 3.09 Cr
  • Others : 0.85 Cr

Latest Charge Details

Date Lender Amount Status
22 Nov 2021 Axis Bank Limited ₹0.92 M Open
17 Nov 2021 Axis Bank Limited ₹3.00 Cr Open
29 Jun 2019 Others ₹8.50 M Open
08 Jan 2019 Others ₹1.30 Cr Satisfied

How Many Employees Work at Patni Sortech?

Patni Sortech has a workforce of 1 employees as of Apr 05, 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 Patni Sortech, 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 Patni Sortech'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 Patni Sortech

Recent activity within the organization

  • Annual General Meeting

    Patni Sortech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Patni Sortech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.92 M with Charge ID 100519970 was registered on 22 Nov 2021.

    22 Nov 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 30.00 M with Charge ID 100519901 was registered on 17 Nov 2021.

    17 Nov 2021

  • Charges

    A charge with Others of Rs. 8.50 M registered on 29 Jun 2019 with Charge ID 100272671 was modified on 29 Jul 2020.

    29 Jul 2020

  • Charges

    A charge registered on 08 Jan 2019 via Charge ID 100237529 with Others was fully satisfied on 10 Jun 2020.

    10 Jun 2020

Frequently asked questions

  • Patni Sortech Private Limited was incorporated on 23 Nov 2017.

  • The authorized share capital of Patni Sortech Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Patni Sortech Private Limited.

    • Ashish Patni
    • Nisha Patni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Patni Sortech Private Limited is Plot No 9 Shiv Shakti Nagar Muhana Mandi Road, Mans Arovar India, Jaipur, Rajasthan, 302020.

  • The corporate identification number (CIN) of Patni Sortech Private Limited is U74999RJ2017PTC059583 and the company number is 059583 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Patni Sortech Private Limited is https://www.patnisortech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Patni Sortech Private Limited has fallen by -98.87%.

  • As Per 2023 financial reports, 1 employees are currently employed by Patni Sortech Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Patni Sortech Private Limited has experienced an downturn of -398.82%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Patni Sortech Private Limited amount to ₹ 3.94 Cr.

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

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