Picl (India) Private Limited

Manufactures AC motors for clients such as Voltas and Panasonic.

1994 | Faridabad, Haryana (India) | Active
Last Updated: July 06, 2024

Picl (India) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.64 Cr
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 169.71 Cr
  • Satisfied Charges ₹ 264.16 Cr
  • Revenue Growth 30.39%
  • Profit Growth 69.14%
  • Ebitda 65.58%
  • Net Worth 57.85%
  • Total Assets 6.00%

About Picl (India)

Picl (India) Private Limited (PIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 September 1994 and has a history of 30 years and four months. Its registered office is in Faridabad, Haryana, India.

The Corporate was formerly known as Polar Intercontinental Private Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.64 Cr.

The company currently has active open charges totaling ₹169.71 Cr. The company has closed loans amounting to ₹264.16 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Picl (India) Private Limited India is Indu Verma as COMPANY SECRETARY. Jasbir Singh, Amandeep Kaur, and Daljit Singh serve as directors at the Company.

Company Details

  • Location

    Faridabad, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899HR1994PTC113718

  • Company No.

    061471

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Sep 1994

  • Date of AGM

    08 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does Picl (India) Private Limited offer?

Picl (India) Private Limited offers a wide range of products and services, including Electric Motor, AC Motor, Domestic Appliance Motors, Air Conditioner Motor, Cooler Motor, Electric Motors and Components.

Who are the key members and board of directors at Picl (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Indu Verma Country flag representing In Company Secretary01-Aug-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Jasbir Singh Country flag representing In Director 12-Nov-2012Current
Amandeep Kaur Country flag representing In Director 26-Sep-2017Current
Daljit Singh Country flag representing In Director 12-Nov-2012Current

Financial Performance of Picl (India).

Picl (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.39% increase. The company also saw a substantial improvement in profitability, with a 69.14% increase in profit. The company's net worth Soared by an impressive increase of 57.85%.

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
30.39%
Revenue from Operations
30.20%
Total Assets
6.00%
Profit or Loss
69.14%
Net Worth
57.85%
EBITDA
65.58%

What is the Ownership and Shareholding Structure of Picl (India)?

In 2023, Picl (India) 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

₹169.71 Cr

Satisfied Charges

₹264.16 Cr

Charges Breakdown by Lending Institutions

  • Others : 68.21 Cr
  • Axis Bank Limited : 62.00 Cr
  • Hdfc Bank Limited : 27.50 Cr
  • Yes Bank Limited : 12.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Nov 2022Others₹40.00 CrOpen
22 Jun 2021Hdfc Bank Limited₹27.50 CrOpen
19 Mar 2021Others₹6.50 CrOpen
01 Sep 2020Axis Bank Limited₹62.00 CrOpen
24 Aug 2018Others₹5.30 MOpen

How Many Employees Work at Picl (India)?

Picl (India) has a workforce of 223 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Picl (India), 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 Picl (India)'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 Picl (India)

Recent activity within the organization

  • Annual General Meeting

    Picl (India) Private Limited last Annual general meeting of members was held on 08 Aug 2023 as per latest MCA records.

    08 Aug 2023

  • Director Appointment

    Indu Verma was appointed as a Company Secretary was appointed as a Company Secretary on 01 Aug 2023 & has been associated with this company since 1 year 6 months .

    01 Aug 2023

  • Balance Sheet

    Picl (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 40.00 Cr with Charge ID 100645523 was registered on 16 Nov 2022.

    16 Nov 2022

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 03 Jun 2016 with Charge ID 100031651 was modified on 16 Nov 2022.

    16 Nov 2022

  • Charges

    A charge registered on 22 Nov 2017 via Charge ID 100145184 with Yes Bank Limited was fully satisfied on 01 Aug 2022.

    01 Aug 2022

Frequently asked questions

  • Picl (India) Private Limited was incorporated on 13 Sep 1994.

  • The authorized share capital of Picl (India) Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.64 Cr.

  • Currently 4 directors are associated with Picl (India) Private Limited.

    • Jasbir Singh
    • Amandeep Kaur
    • Daljit Singh
    • Indu Verma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Picl (India) Private Limited is Industrial Model Township Plot 619, Sector 69 Surajkund Faridabad, Haryana, India, 121009.

  • The corporate identification number (CIN) of Picl (India) Private Limited is U74899HR1994PTC113718 and the company number is 061471 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Picl (India) Private Limited is https://www.piclindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Picl (India) Private Limited has risen by 30.39%.

  • As Per 2023 financial reports, 223 employees are currently employed by Picl (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Picl (India) Private Limited has experienced an upsurge of 57.85%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Picl (India) Private Limited amount to ₹ 169.71 Cr.

  • The most recent Balance Sheet for Picl (India) Private Limited was filed with the ROC on 31 Mar 2023.

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