Permaweld Private Limited

Provides maintenance services and trades lubricants, electrodes, and steam traps to various clients.

2004 | Bangaluru, Karnataka (India) | Active
Last Updated:

Permaweld Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 4.76 M
  • Company Age 20 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.52 Cr
  • Satisfied Charges ₹ 3.25 Cr
  • Revenue Growth 29.63%
  • Profit Growth 512.37%
  • Ebitda 283.94%
  • Net Worth 8.79%
  • Total Assets 3.41%

About Permaweld

Permaweld Private Limited (PPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 March 2004 and has a history of 20 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Business Services 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 7.50 M and a paid-up capital of Rs 4.76 M.

The company currently has active open charges totaling ₹2.52 Cr. The company has closed loans amounting to ₹3.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sheila Pasricha, Uday Pasricha, Ishaan Pasricha, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    permaweld.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52609KA2004PTC033542

  • Company No.

    033542

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Services
Machinery and Equipment

What products or services does Permaweld Private Limited offer?

Permaweld Private Limited offers a wide range of products and services, including Steam Traps, Inverted Bucket Steam Trap, Industrial Valves & Valve Fittings.

Who are the key members and board of directors at Permaweld?

Board Members (4)

NameDesignationAppointment DateStatus
Uday Pasricha Country flag representing In Director 02-Dec-2019Current
Ishaan Pasricha Country flag representing In Director 22-Jan-2018Current
Sheila Pasricha Country flag representing Gb Director 01-Jul-2005Current
Raghavendra Katarki Country flag representing In Director 02-Jan-2023Current

Financial Performance of Permaweld.

Permaweld Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.63% increase. The company also saw a substantial improvement in profitability, with a 512.37% increase in profit. The company's net worth moved up by a moderate rise of 8.79%.

Permaweld revenue growth over time
Permaweld 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
29.63%
Revenue from Operations
30.12%
Total Assets
3.41%
Profit or Loss
512.37%
Net Worth
8.79%
EBITDA
283.94%

What is the Ownership and Shareholding Structure of Permaweld?

In 2022, Permaweld 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

₹25.16 M

Satisfied Charges

₹32.50 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 2.22 Cr
  • Bank Of Maharastra : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
01 Feb 2024Hdfc Bank Limited₹9.00 MOpen
23 Nov 2023Hdfc Bank Limited₹2.10 MOpen
23 Nov 2017Hdfc Bank Limited₹8.50 MOpen
25 Oct 2017Hdfc Bank Limited₹2.56 MOpen
29 May 2009Bank Of Maharastra₹3.00 MOpen

How Many Employees Work at Permaweld?

Permaweld has a workforce of 33 employees as of Apr 06, 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.

Employee growth trends for Permaweld Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Permaweld Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 9.00 M with Charge ID 100927299 was registered on 01 Feb 2024.

  • Charges

    A charge registered on 06 Dec 2021 via Charge ID 100509521 with Axis Bank Limited was fully satisfied on 12 Jan 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.10 M with Charge ID 100822682 was registered on 23 Nov 2023.

  • Director Appointment

    Raghavendra Katarki was appointed as a Director was appointed as a Director on 02 Jan 2023 & has been associated with this company since 2 years 2 months .

Frequently asked questions

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

    Permaweld Private Limited was incorporated on 10 Mar 2004.

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

    The authorized share capital of Permaweld Private Limited is ₹ 7.50 M and paid-up capital is ₹ 4.76 M.

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

    Currently 4 directors are associated with Permaweld Private Limited.

    • Sheila Uday Pasricha
    • Uday Pasricha
    • Ishaan Pasricha
    • Raghavendra Katarki

  • What is the registered address of Permaweld Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Permaweld Private Limited is No 473D Sy 46 13Th Cross 4Th Phase Peenya Industrial Area, Nelagadaranahall I Village India, Bengaluru, Karnataka, 560058.

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

    The corporate identification number (CIN) of Permaweld Private Limited is U52609KA2004PTC033542 and the company number is 033542 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Permaweld Private Limited?

    The Official website of Permaweld Private Limited is https://www.permaweld.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Permaweld Private Limited has risen by 29.63%.

  • How many employees does Permaweld Private Limited currently have?

    As Per 2023 financial reports, 33 employees are currently employed by Permaweld Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Permaweld Private Limited has experienced an upsurge of 8.79%.

  • What are the total open charges for Permaweld Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Permaweld Private Limited amount to ₹ 2.52 Cr.

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

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

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