Peass Industrial Engineers Profile
Key Indicators
- Authorised Capital ₹ 3.01 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 62 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.00 Cr
- Satisfied Charges ₹ 79.21 Cr
- Revenue Growth -16.90%
- Profit Growth -42.58%
- Ebitda -111.20%
- Net Worth -0.81%
- Total Assets -8.73%
About Peass Industrial Engineers
Peass Industrial Engineers Private Limited (PIEPL) was founded in India on 11 December 1962 and has a glorious history of 62 years and one month. Its registered office is in Navsari, Gujarat, India.
The Corporate was formerly known as Peass Industrial Engineers 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 3.01 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹7.00 Cr. The company has closed loans amounting to ₹79.21 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bhargav Patel and Anand Patel serve as directors at the Company.
Company Details
- Location
Navsari, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U29259GJ1962PTC001177
- Company No.
001177
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Dec 1962
- Date of AGM
06 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Peass Industrial Engineers Private Limited offer?
Peass Industrial Engineers Private Limited offers a wide range of products and services, including Industrial Machinery, Soft Package Winder Machine, Reeling Machine, Cone Winding Machines, Apparel & Textile Machinery, Dyeing Machinery, Assembly Winder.
Who are the key members and board of directors at Peass Industrial Engineers?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhargav Patel  | Director | 11-Aug-1989 | Current |
| Anand Patel | Director | 13-Mar-1995 | Current |
Financial Performance of Peass Industrial Engineers.
Peass Industrial Engineers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.9% decrease. The company also saw a substantial fall in profitability, with a 42.58% decrease in profit. The company's net worth dipped by a decrease of 0.81%.
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What is the Ownership and Shareholding Structure of Peass Industrial Engineers?
In 2023, Peass Industrial Engineers 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)
Peass Automation Private LimitedBhargav Patel and Anand Patel are mutual person
Ampel Leathers Pvt LtdBhargav Patel is a mutual person
- Peass Infracomp Private Limited
Bhargav Patel and Anand Patel are mutual person
- Poloroid Investment Pvt Ltd
Bhargav Patel is a mutual person
- Arno Enterprises Private Limited
Bhargav Patel and Anand Patel are mutual person
- Meenanand Traders Llp
Anand Patel is a mutual person
Charges (Loans)
₹7.00 Cr
₹79.21 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 7.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Mar 2022 | Hdfc Bank Limited | ₹7.00 Cr | Open |
| 17 Jun 2021 | Hdfc Bank Limited | ₹0.90 M | Satisfied |
| 20 Mar 2021 | Hdfc Bank Limited | ₹2.25 Cr | Satisfied |
| 31 Oct 2020 | Hdfc Bank Limited | ₹2.13 M | Satisfied |
| 27 Dec 2017 | Others | ₹0.76 M | Satisfied |
How Many Employees Work at Peass Industrial Engineers?
Peass Industrial Engineers has a workforce of 60 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Peass Industrial Engineers, 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 Industrial Engineers'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
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