Peass Industrial Engineers Profile
Key Indicators
- Authorised Capital ₹ 3.01 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 62 Year, 2 Months
- 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 two months. 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
Machinery and Equipment
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Open Charges
₹7.00 Cr
Satisfied Charges
₹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
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 Industrial Engineers
Recent activity within the organization
- Annual General Meeting
Peass Industrial Engineers Private Limited last Annual general meeting of members was held on 06 Sep 2024 as per latest MCA records.
- Balance Sheet
Peass Industrial Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge registered on 31 Oct 2020 via Charge ID 100388614 with Hdfc Bank Limited was fully satisfied on 22 Sep 2023.
- Charges
A charge with Hdfc Bank Limited of Rs. 7.00 Cr registered on 04 Mar 2022 with Charge ID 100552575 was modified on 15 Sep 2022.
- Charges
A charge registered on 26 Jul 2011 via Charge ID 10338116 with Indian Overseas Bank was fully satisfied on 25 May 2022.
- Charges
A charge registered on 20 Mar 2021 via Charge ID 100461080 with Hdfc Bank Limited was fully satisfied on 31 Mar 2022.
Frequently asked questions
What is the Incorporation or founding date of Peass Industrial Engineers Private Limited?
Peass Industrial Engineers Private Limited was incorporated on 11 Dec 1962.
What is authorized share capital and paid-up capital of Peass Industrial Engineers Private Limited?
The authorized share capital of Peass Industrial Engineers Private Limited is ₹ 3.01 Cr and paid-up capital is ₹ 1.50 Cr.
Who are the current board members & directors of Peass Industrial Engineers Private Limited?
Currently 2 directors are associated with Peass Industrial Engineers Private Limited.
- Bhargav Anilkumar Patel
- Anand Mahesh Patel
What is the registered address of Peass Industrial Engineers Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Peass Industrial Engineers Private Limited is Maneklal Roadopp Railway Yard India, Navasari, Gujarat, 396445.
What is the corporate identification number (CIN) and company number of Peass Industrial Engineers Private Limited?
The corporate identification number (CIN) of Peass Industrial Engineers Private Limited is U29259GJ1962PTC001177 and the company number is 001177 as per Ministry of Corporate Affairs (MCA).
What is the official website of Peass Industrial Engineers Private Limited?
The Official website of Peass Industrial Engineers Private Limited is https://www.peass.com
What has been the recent revenue trend for Peass Industrial Engineers Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Peass Industrial Engineers Private Limited has fallen by -16.90%.
How many employees does Peass Industrial Engineers Private Limited currently have?
As Per 2023 financial reports, 60 employees are currently employed by Peass Industrial Engineers Private Limited.
What change has been observed in the net worth of Peass Industrial Engineers Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Peass Industrial Engineers Private Limited has experienced an downturn of -0.81%.
What are the total open charges for Peass Industrial Engineers Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Peass Industrial Engineers Private Limited amount to ₹ 7.00 Cr.
When was the last Balance Sheet of Peass Industrial Engineers Private Limited filed with the ROC?
The most recent Balance Sheet for Peass Industrial Engineers Private Limited was filed with the ROC on 31 Mar 2024.
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