Peass Automation Private Limited

Provides electronic spare parts and assembles panel and drive boxes for textile machinery.

2001 | Navsari, Gujarat (India) | Active
Last Updated:

Peass Automation Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 23 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.45 Cr
  • Revenue Growth 142.84%
  • Profit Growth 103.22%
  • Ebitda 97.50%
  • Net Worth 1.84%
  • Total Assets 1.90%

About Peass Automation

Peass Automation Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 April 2001 and has a history of 23 years and ten months. Its registered office is in Navsari, Gujarat, India.

The Corporate was formerly known as Peass Automation Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 2.50 M.

The company has closed loans amounting to ₹1.45 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Anand Patel and Bhargav Patel serve as directors at the Company.

Company Details

  • Location

    Navsari, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    peass.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29261GJ2001PTC039378

  • Company No.

    039378

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Apr 2001

  • Date of AGM

    22 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables

What products or services does Peass Automation Private Limited offer?

Peass Automation Private Limited offers a wide range of products and services, including Milling Machine Accessories, Mill Winder, Textile Machines, Hosiery Textile Machine, Milling & Grinding Tools, Machines & Equipments, Industrial Machinery, Automation Machines, Measurement Instrument, Density Measuring Instruments.

Who are the key members and board of directors at Peass Automation?

Financial Performance of Peass Automation.

Peass Automation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 142.84% increase. The company also saw a substantial improvement in profitability, with a 103.22% increase in profit. The company's net worth moved up by a moderate rise of 1.84%.

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
142.84%
Revenue from Operations
Total Assets
1.90%
Profit or Loss
103.22%
Net Worth
1.84%
EBITDA
97.50%

What is the Ownership and Shareholding Structure of Peass Automation?

In 2023, Peass Automation 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

₹0

Satisfied Charges

₹14.50 M

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 1.45 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 2007Bank Of Baroda₹6.00 MSatisfied
25 Sep 2006Bank Of Baroda₹6.00 MSatisfied
31 Mar 2003Bank Of Baroda₹2.50 MSatisfied

How Many Employees Work at Peass Automation?

Unlock and access historical data on people associated with Peass Automation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Peass Automation, 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 Peass Automation'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 Peass Automation

Recent activity within the organization

  • Annual General Meeting

    Peass Automation Private Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.

    22 Sep 2023

  • Balance Sheet

    Peass Automation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 27 Feb 2007 via Charge ID 10060909 with Bank Of Baroda was fully satisfied on 21 Jan 2010.

    21 Jan 2010

  • Charges

    A charge registered on 25 Sep 2006 via Charge ID 10020789 with Bank Of Baroda was fully satisfied on 21 Jan 2010.

    21 Jan 2010

  • Charges

    A charge registered on 31 Mar 2003 via Charge ID 90106729 with Bank Of Baroda was fully satisfied on 21 Jan 2010.

    21 Jan 2010

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 6.00 M with Charge ID 10060909 was registered on 27 Feb 2007.

    27 Feb 2007

Frequently asked questions

  • What is the Incorporation or founding date of Peass Automation Private Limited?

    Peass Automation Private Limited was incorporated on 03 Apr 2001.

  • What is authorized share capital and paid-up capital of Peass Automation Private Limited?

    The authorized share capital of Peass Automation Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.50 M.

  • Who are the current board members & directors of Peass Automation Private Limited?

    Currently 2 directors are associated with Peass Automation Private Limited.

    • Anand Mahesh Patel
    • Bhargav Anilkumar Patel

  • What is the registered address of Peass Automation Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Peass Automation Private Limited is C/O Peass Industrial Engineersltd Maneklal Road, Navsari, Gujarat, India, 396445.

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

    The corporate identification number (CIN) of Peass Automation Private Limited is U29261GJ2001PTC039378 and the company number is 039378 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Peass Automation Private Limited?

    The Official website of Peass Automation Private Limited is https://www.peass.com

  • What has been the recent revenue trend for Peass Automation Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Peass Automation Private Limited has risen by 142.84%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Peass Automation Private Limited has experienced an upsurge of 1.84%.

  • When was the last Balance Sheet of Peass Automation Private Limited filed with the ROC?

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

People also Viewed

Similar Companies Based on Electronic Appliances Retail & Distribution