Piaggio Vehicles Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
- Paid Up Capital ₹ 34.00 Cr
- Company Age 27 Year, 7 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.00 Cr
- Satisfied Charges ₹ 251.80 Cr
- Revenue Growth 49.14%
- Profit Growth 81.37%
- Ebitda 88651.28%
- Net Worth -3.93%
- Total Assets 8.75%
About Piaggio Vehicles
Piaggio Vehicles Private Limited (PVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 February 1998 and has a history of 27 years. Its registered office is in Pune, Maharashtra, India.
The Corporate was formerly known as Piaggio Greaves Vehicles Private Limited. 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 40.00 Cr and a paid-up capital of Rs 34.00 Cr.
The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹251.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Piaggio Vehicles Private Limited India is Shailesh Shinde as COMPANY SECRETARY. Mauro Prignoli, Diego Graffi, Fabio Grimaldi, and One other member serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U34102MH1998PTC113606
- Company No.
113606
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Feb 1998
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
What products or services does Piaggio Vehicles Private Limited offer?
Piaggio Vehicles Private Limited offers a wide range of products and services, including Commercial Vehicles & Three Wheelers, Auto Rickshaw, Three Wheelers, Loading Auto Rickshaw, Ape Auto, Passenger Auto, Pickup Trucks, LPG Auto Rickshaw.
Who are the key members and board of directors at Piaggio Vehicles?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Diego Graffi  | Managing Director | 09-Jun-2017 | Current |
| Shailesh Shinde | Company Secretary | 11-Jan-2023 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Stefano Mascagni | Whole-Time Director | 16-Dec-2021 | Current |
| Mauro Prignoli | Director | 27-Apr-2015 | Current |
| Fabio Grimaldi | Director | 26-Apr-2021 | Current |
Financial Performance of Piaggio Vehicles.
Piaggio Vehicles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.14% increase. The company also saw a substantial improvement in profitability, with a 81.37% increase in profit. The company's net worth dipped by a decrease of 3.93%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Piaggio Vehicles?
In 2022, Piaggio Vehicles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹5.00 Cr
₹251.80 Cr
Charges Breakdown by Lending Institutions
- Others : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2022 | Others | ₹5.00 Cr | Open |
| 06 May 2014 | Icici Bank Limited | ₹65.00 Cr | Satisfied |
| 07 Oct 1998 | Credit Agricole And Corporate & Investment Bank | ₹50.00 Cr | Satisfied |
| 07 Sep 1998 | State Bank Of India | ₹28.80 Cr | Satisfied |
| 23 Jul 1998 | State Bank Of India | ₹95.00 Cr | Satisfied |
How Many Employees Work at Piaggio Vehicles?
Piaggio Vehicles has a workforce of 1483 employees as of Mar 30, 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 Piaggio Vehicles, 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 Piaggio Vehicles'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.
