Pethe Engineering Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.35 M
- Company Age 51 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 2.63 M
- Revenue Growth 27.58%
- Profit Growth 81.50%
- Ebitda -50.10%
- Net Worth 71.79%
- Total Assets -2.64%
About Pethe Engineering
Pethe Engineering Private Limited (PEPL) was founded in India on 17 November 1973 and has a glorious history of 51 years and four months.Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Automotive 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 0.50 M and a paid-up capital of Rs 0.35 M.
The company has closed loans amounting to ₹2.63 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Bhalchandra Pethe, Ashwin Pethe, and Amar Pethe serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24100MH1973PTC017014
- Company No.
017014
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Nov 1973
- Date of AGM
23 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Automotive
What products or services does Pethe Engineering Private Limited offer?
Pethe Engineering Private Limited offers a wide range of products and services, including Brakes & Braking Systems, Crane Brake, AC Brake, Industrial Disc Brakes, Clutch Brake Combination Unit, Mechanical Clutches, Electromagnetic Clutches, Electromagnetic Brakes, Electric Motors and Components, Industrial Motors.
Who are the key members and board of directors at Pethe Engineering?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amar Pethe  | Managing Director | 01-Sep-1999 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bhalchandra Pethe | Whole-Time Director | 17-Nov-1973 | Current |
| Ashwin Pethe | Director | 01-Oct-2005 | Current |
Financial Performance of Pethe Engineering.
Pethe Engineering Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 27.58% increase. The company also saw a substantial improvement in profitability, with a 81.5% increase in profit. The company's net worth Soared by an impressive increase of 71.79%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Pethe Engineering?
In 2019, Pethe Engineering had a promoter holding of 48.88% and a public holding of 51.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Pethe Brake Motors Private LimitedBhalchandra Pethe, Ashwin Pethe and 1 more are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹2.63 M
Charges Breakdown by Lending Institutions
- Bank Of Maharashtrsa : 0.20 Cr
- Bank Of India : 0.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Nov 2004 | Bank Of Maharashtrsa | ₹2.00 M | Satisfied |
| 06 Mar 1991 | Bank Of India | ₹0.09 M | Satisfied |
| 06 Mar 1991 | Bank Of India | ₹0.09 M | Satisfied |
| 02 May 1977 | Bank Of India | ₹0.30 M | Satisfied |
| 08 Feb 1974 | Bank Of India | ₹0.08 M | Satisfied |
How Many Employees Work at Pethe Engineering?
Pethe Engineering has a workforce of 29 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Pethe Engineering, 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 Pethe Engineering'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 Pethe Engineering
Recent activity within the organization
- Annual General Meeting
Pethe Engineering Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.
- Balance Sheet
Pethe Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 06 Mar 1991 via Charge ID 90236919 with Bank Of India was fully satisfied on 10 Jan 2018.
- Charges
A charge registered on 06 Mar 1991 via Charge ID 90239599 with Bank Of India was fully satisfied on 10 Jan 2018.
- Charges
A charge registered on 02 May 1977 via Charge ID 90233002 with Bank Of India was fully satisfied on 10 Jan 2018.
- Charges
A charge registered on 08 Feb 1974 via Charge ID 90236541 with Bank Of India was fully satisfied on 10 Jan 2018.
Frequently asked questions
What is the Incorporation or founding date of Pethe Engineering Private Limited?
Pethe Engineering Private Limited was incorporated on 17 Nov 1973.
What is authorized share capital and paid-up capital of Pethe Engineering Private Limited?
The authorized share capital of Pethe Engineering Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.35 M.
Who are the current board members & directors of Pethe Engineering Private Limited?
Currently 3 directors are associated with Pethe Engineering Private Limited.
- Bhalchandra Waman Pethe
- Ashwin Bhalchandra Pethe
- Amar Bhalchandra Pethe
What is the registered address of Pethe Engineering Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Pethe Engineering Private Limited is Pethe Building J.S.S. Road, Girgaon India, Mumbai, Maharashtra, 400004.
What is the corporate identification number (CIN) and company number of Pethe Engineering Private Limited?
The corporate identification number (CIN) of Pethe Engineering Private Limited is U24100MH1973PTC017014 and the company number is 017014 as per Ministry of Corporate Affairs (MCA).
What is the official website of Pethe Engineering Private Limited?
The Official website of Pethe Engineering Private Limited is https://www.pethe.in
What has been the recent revenue trend for Pethe Engineering Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Pethe Engineering Private Limited has risen by 27.58%.
How many employees does Pethe Engineering Private Limited currently have?
As Per 2022 financial reports, 29 employees are currently employed by Pethe Engineering Private Limited.
What change has been observed in the net worth of Pethe Engineering Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Pethe Engineering Private Limited has experienced an upsurge of 71.79%.
When was the last Balance Sheet of Pethe Engineering Private Limited filed with the ROC?
The most recent Balance Sheet for Pethe Engineering Private Limited was filed with the ROC on 31 Mar 2024.