Persang Innovations Private Limited

Founded in 2010 and headquartered in Gujarat, India.

2010 | Vadodara, Gujarat (India) | Active
Last Updated:

Persang Innovations Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.75 Cr
  • Company Age 14 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.94 Cr
  • Satisfied Charges ₹ 2.64 Cr
  • Revenue Growth 17.90%
  • Profit Growth 90.86%
  • Ebitda 1.66%
  • Net Worth 5.05%
  • Total Assets 3.93%

About Persang Innovations

Persang Innovations Private Limited (PIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 June 2010 and has a history of 14 years and ten months. Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Persang Mediacom Entertainment Private 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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 1.75 Cr.

The company currently has active open charges totaling ₹1.94 Cr. The company has closed loans amounting to ₹2.64 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sannu Bavaadam and Persang Bavaadam serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U82990GJ2010PTC061213

  • Company No.

    061213

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jun 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables

What products or services does Persang Innovations Private Limited offer?

Persang Innovations Private Limited offers a wide range of products and services, including CD, DVD, MP3 & Audio Video Players, Media Player, Music Systems, Karaoke System, Audio Mixer, Recorder & Transmitter, Karaoke Player, Computer Speakers, Zebronics Computer Speakers, Headphones and Microphones, Microphones.

Company report

Persang Innovations Private Limited

Explore comprehensive data for Persang Innovations Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Persang Innovations?

Board Members (2)

NameDesignationAppointment DateStatus
Persang Bavaadam Country flag representing In Director 22-Jun-2010Current
Sannu Bavaadam Country flag representing In Director 17-Jun-2013Current

Financial Performance of Persang Innovations.

Persang Entertainment Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.9% increase. The company also saw a substantial improvement in profitability, with a 90.86% increase in profit. The company's net worth moved up by a moderate rise of 5.05%.

Persang Innovations revenue growth over time
Persang Innovations 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
17.90%
Revenue from Operations
16.96%
Total Assets
3.93%
Profit or Loss
90.86%
Net Worth
5.05%
EBITDA
1.66%

What is the Ownership and Shareholding Structure of Persang Innovations?

In 2023, Persang Innovations 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

₹1.94 Cr

Satisfied Charges

₹2.64 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.94 Cr

Latest Charge Details

DateLenderAmountStatus
07 Mar 2024Canara Bank₹1.94 CrOpen
29 Sep 2020Others₹3.85 MSatisfied
09 Feb 2018Others₹2.00 CrSatisfied
27 May 2014Bank Of India₹2.50 MSatisfied

How Many Employees Work at Persang Innovations?

Persang Innovations has a workforce of 25 employees as of Apr 02, 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 Persang Innovations Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge registered on 09 Feb 2018 via Charge ID 100155955 with Others was fully satisfied on 04 May 2024.

  • Charges

    A charge registered on 29 Sep 2020 via Charge ID 100380582 with Others was fully satisfied on 12 Apr 2024.

  • Balance Sheet

    Persang Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Canara Bank amounted to Rs. 1.94 Cr with Charge ID 100902277 was registered on 07 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 0.39 Cr with Charge ID 100380582 was registered on 29 Sep 2020.

Frequently asked questions

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

    Persang Innovations Private Limited was incorporated on 22 Jun 2010.

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

    The authorized share capital of Persang Innovations Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.75 Cr.

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

    Currently 2 directors are associated with Persang Innovations Private Limited.

    • Sannu Persang Bavaadam
    • Persang Jal Bavaadam

  • What is the registered address of Persang Innovations Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Persang Innovations Private Limited is E-201/202/203 Siddharth Excellence Opp. D'Mart, Vasana Road India, Vadodara, Gujarat, 390007.

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

    The corporate identification number (CIN) of Persang Innovations Private Limited is U82990GJ2010PTC061213 and the company number is 061213 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Persang Innovations Private Limited?

    The Official website of Persang Innovations Private Limited is https://www.persangkaraoke.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Persang Innovations Private Limited has risen by 17.90%.

  • How many employees does Persang Innovations Private Limited currently have?

    As Per 2023 financial reports, 25 employees are currently employed by Persang Innovations Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Persang Innovations Private Limited has experienced an upsurge of 5.05%.

  • What are the total open charges for Persang Innovations Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Persang Innovations Private Limited amount to ₹ 1.94 Cr.

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

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

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