Piaggio Vehicles Private Limited

This company manufactures three-wheelers, scooters, and four-wheelers under two different brands.

1998 | Pune, Maharashtra (India) | Active
Last Updated:

Piaggio Vehicles Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 34.00 Cr
  • Company Age 27 Year, 2 Months
  • 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 and two months. 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

Automotive

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.

Company report

Piaggio Vehicles Private Limited

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

Who are the key members and board of directors at Piaggio Vehicles?

Executive Team (2)

NameDesignationAppointment DateStatus
Diego Graffi Country flag representing It Managing Director09-Jun-2017Current
Shailesh Shinde Company Secretary11-Jan-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Stefano Mascagni Country flag representing It Whole-Time Director 16-Dec-2021Current
Mauro Prignoli Country flag representing It Director 27-Apr-2015Current
Fabio Grimaldi Country flag representing It Director 26-Apr-2021Current

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%.

Piaggio Vehicles revenue growth over time
Piaggio Vehicles 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
49.14%
Revenue from Operations
49.71%
Total Assets
8.75%
Profit or Loss
81.37%
Net Worth
-3.93%
EBITDA
88651.28%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.00 Cr

Satisfied Charges

₹251.80 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jun 2022Others₹5.00 CrOpen
06 May 2014Icici Bank Limited₹65.00 CrSatisfied
07 Oct 1998Credit Agricole And Corporate & Investment Bank₹50.00 CrSatisfied
07 Sep 1998State Bank Of India₹28.80 CrSatisfied
23 Jul 1998State Bank Of India₹95.00 CrSatisfied

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.

Employee growth trends for Piaggio Vehicles Private Limited

Deals i

Graph showing company valuation over time

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

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 Piaggio Vehicles

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Piaggio Vehicles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Director Appointment

    Shailesh Suresh Shinde was appointed as a Company Secretary was appointed as a Company Secretary on 11 Jan 2023 & has been associated with this company since 2 years 4 months .

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100592967 was registered on 30 Jun 2022.

  • Charges

    A charge registered on 06 May 2014 via Charge ID 10490814 with Icici Bank Limited was fully satisfied on 22 Mar 2022.

  • Director Appointment

    Stefano Mascagni was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 16 Dec 2021 & has been associated with this company since 3 years 4 months .

Recent News, Updates & Announcement

Frequently asked questions

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

    Piaggio Vehicles Private Limited was incorporated on 17 Feb 1998.

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

    The authorized share capital of Piaggio Vehicles Private Limited is ₹ 40.00 Cr and paid-up capital is ₹ 34.00 Cr.

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

    Currently 5 directors are associated with Piaggio Vehicles Private Limited.

    • Mauro Prignoli
    • Diego Graffi
    • Fabio Grimaldi
    • Stefano Mascagni
    • Shailesh Suresh Shinde

  • What is the registered address of Piaggio Vehicles Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Piaggio Vehicles Private Limited is E 2 Midc Industrial Areabaramati India, Pune, Maharashtra, 413133.

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

    The corporate identification number (CIN) of Piaggio Vehicles Private Limited is U34102MH1998PTC113606 and the company number is 113606 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Piaggio Vehicles Private Limited?

    The Official website of Piaggio Vehicles Private Limited is https://www.piaggio-cv.co.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Piaggio Vehicles Private Limited has risen by 49.14%.

  • How many employees does Piaggio Vehicles Private Limited currently have?

    As Per 2023 financial reports, 1483 employees are currently employed by Piaggio Vehicles Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Piaggio Vehicles Private Limited has experienced an downturn of -3.93%.

  • What are the total open charges for Piaggio Vehicles Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Piaggio Vehicles Private Limited amount to ₹ 5.00 Cr.

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

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

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