Picasso Home Produts Private Limited

Manufacturer of home cookware products with nonstick, thermoware, and electronic kitchen equipment.

2003 | Mumbai, Maharashtra (India) | Active
Last Updated: December 24, 2024

Picasso Home Produts Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.51 Cr
  • Company Age 21 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.07 Cr
  • Revenue Growth 48.28%
  • Profit Growth 15555.29%
  • Ebitda -81.13%
  • Net Worth 46.26%
  • Total Assets 29.07%

About Picasso Home Produts

Picasso Home Produts Private Limited (PHPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 May 2003 and has a history of 21 years and nine months. Its registered office is in Mumbai, Maharashtra.

The Corporate was formerly known as Picasso Home Appliances Private Limited. The Company is engaged in the Home & Lifestyle 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 2.00 Cr and a paid-up capital of Rs 1.51 Cr.

The company currently has active open charges totaling ₹7.07 Cr.

Jayantilal Jain and Bhavesh Patel serve as directors at the Company.

Company Details

  • Location Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29309MH2003PTC140266

  • Company No.

    140266

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 May 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle

What products or services does Picasso Home Produts Private Limited offer?

Picasso Home Produts Private Limited offers a wide range of products and services, including Tawa, Chapati Tawa, Cooking Stove, Hot Plates, Fast Food & Beverages Machinery, Snack Machine, Cooking Pan, Dosa Pan, Non Stick Cookware, Appam Patra.

Who are the key members and board of directors at Picasso Home Produts?

Board Members (2)

NameDesignationAppointment DateStatus
Jayantilal Jain Country flag representing In Director 02-May-2003Current
Bhavesh Patel Country flag representing In Director 02-May-2003Current

Financial Performance of Picasso Home Produts.

Picasso Home Produts Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 48.28% increase. The company also saw a substantial improvement in profitability, with a 15555.29% increase in profit. The company's net worth Soared by an impressive increase of 46.26%.

Graph illustrating revenue growth over time
Graph showing 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
48.28%
Revenue from Operations
23.34%
Total Assets
29.07%
Profit or Loss
15555.29%
Net Worth
46.26%
EBITDA
-81.13%

What is the Ownership and Shareholding Structure of Picasso Home Produts?

In 2021, Picasso Home Produts 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

₹7.07 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 5.00 Cr
  • State Bank Of India : 1.47 Cr
  • Others : 0.60 Cr

Latest Charge Details

DateLenderAmountStatus
09 Sep 2020Others₹6.00 MOpen
26 Mar 2012Bank Of Baroda₹5.00 CrOpen
14 Sep 2004State Bank Of India₹1.47 CrOpen

How Many Employees Work at Picasso Home Produts?

Unlock and access historical data on people associated with Picasso Home Produts, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Picasso Home Produts, 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 Picasso Home Produts'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 Picasso Home Produts

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Picasso Home Produts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100373501 was registered on 09 Sep 2020.

    09 Sep 2020

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 5.00 Cr with Charge ID 10344658 was registered on 26 Mar 2012.

    26 Mar 2012

  • Charges

    A charge with State Bank Of India of Rs. 1.47 Cr registered on 14 Sep 2004 with Charge ID 90148871 was modified on 13 Jan 2007.

    13 Jan 2007

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.47 Cr with Charge ID 90148871 was registered on 14 Sep 2004.

    14 Sep 2004

Frequently asked questions

  • Picasso Home Produts Private Limited was incorporated on 02 May 2003.

  • The authorized share capital of Picasso Home Produts Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.51 Cr.

  • Currently 2 directors are associated with Picasso Home Produts Private Limited.

    • Jayantilal Ghevarchand Jain
    • Bhavesh Shantilal Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Picasso Home Produts Private Limited is 15 Parekh Mansion 1St Flooraarey Road Goregaon West India, Mumbai, Maharashtra, 400062.

  • The corporate identification number (CIN) of Picasso Home Produts Private Limited is U29309MH2003PTC140266 and the company number is 140266 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Picasso Home Produts Private Limited has risen by 48.28%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Picasso Home Produts Private Limited has experienced an upsurge of 46.26%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Picasso Home Produts Private Limited amount to ₹ 7.07 Cr.

  • The most recent Balance Sheet for Picasso Home Produts Private Limited was filed with the ROC on 31 Mar 2024.