Picostone Technology Profile
Key Indicators
- Authorised Capital ₹ 0.20 M
- Paid Up Capital ₹ 0.10 M
- Company Age 8 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 88.65%
- Profit Growth -119.50%
- Ebitda -196.92%
- Net Worth -165.53%
- Total Assets -42.99%
About Picostone Technology
Picostone Technology Private Limited (PTPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 02 September 2016 (Eight years and six months 26 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Consumer Electronics & Durables 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 0.20 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.
Niket Sarvaiya, Virang Jhaveri, and Shailesh Jain 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
U72900MH2016PTC285493
- Company No.
285493
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Sep 2016
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Consumer Electronics & Durables
What products or services does Picostone Technology Private Limited offer?
Picostone Technology Private Limited offers a wide range of products and services, including VFD, PLC, HMI & Control Equipments, Alarm Systems.
Who are the key members and board of directors at Picostone Technology?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Virang Jhaveri  | Director | 02-Sep-2016 | Current |
| Shailesh Jain | Director | 03-Dec-2022 | Current |
| Niket Sarvaiya | Director | 02-Sep-2016 | Current |
Financial Performance of Picostone Technology.
Picostone Technology Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 88.65% increase. The company also saw a substantial fall in profitability, with a 119.5% decrease in profit. The company's net worth observed a substantial decline by a decrease of 165.53%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Picostone Technology?
In 2024, Picostone Technology had a public holding of 17.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Oxstren Wearable Technologies Private LimitedShailesh Jain is a mutual person
Nimrobo Ai Private LimitedVirang Jhaveri is a mutual person
- Exotek Solutions Private Limited
Shailesh Jain is a mutual person
- Ostek Medical Private Limited
Shailesh Jain is a mutual person
- Nnt Maintenance Services Private Limited
Shailesh Jain is a mutual person
- Exofit Sports Technology Private Limited
Shailesh Jain is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Picostone Technology?
Unlock and access historical data on people associated with Picostone Technology, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Picostone Technology, 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 Picostone Technology'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 Picostone Technology
Recent activity within the organization
- Annual General Meeting
Picostone Technology Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Picostone Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Shailesh Javerchand Jain was appointed as a Director was appointed as a Director on 03 Dec 2022 & has been associated with this company since 2 years 3 months .
- Director Appointment
Niket Nikhil Sarvaiya was appointed as a Director was appointed as a Director on 02 Sep 2016 & has been associated with this company since 8 years 6 months .
- Director Appointment
Virang Ashish Jhaveri was appointed as a Director was appointed as a Director on 02 Sep 2016 & has been associated with this company since 8 years 6 months .
- Company Incorporation
Picostone Technology Private Limited was registered on 02 Sep 2016 with Roc Mumbai & aged 8 years 6 months as per MCA records.
Recent News, Updates & Announcement
Picostone Technology Forays into Gujarat.Picostone Technology raised around INR 5 crore from Metaform Ventures, a US based investor group headed by Nilesh Jain in India.
Frequently asked questions
What is the Incorporation or founding date of Picostone Technology Private Limited?
Picostone Technology Private Limited was incorporated on 02 Sep 2016.
What is authorized share capital and paid-up capital of Picostone Technology Private Limited?
The authorized share capital of Picostone Technology Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Picostone Technology Private Limited?
Currently 3 directors are associated with Picostone Technology Private Limited.
- Niket Nikhil Sarvaiya
- Virang Ashish Jhaveri
- Shailesh Javerchand Jain
What is the registered address of Picostone Technology Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Picostone Technology Private Limited is 63 Floor 2 A B Municipal Industrial Estate Dainik Shivneri Marg, Worli India, Mumbai, Maharashtra, 400018.
What is the corporate identification number (CIN) and company number of Picostone Technology Private Limited?
The corporate identification number (CIN) of Picostone Technology Private Limited is U72900MH2016PTC285493 and the company number is 285493 as per Ministry of Corporate Affairs (MCA).
What is the official website of Picostone Technology Private Limited?
The Official website of Picostone Technology Private Limited is https://www.picostone.com
What has been the recent revenue trend for Picostone Technology Private Limited?
According to the financial reports for the fiscal year 2019, the revenue trend for Picostone Technology Private Limited has risen by 88.65%.
What change has been observed in the net worth of Picostone Technology Private Limited, and by what percentage?
The financial reports for the fiscal year 2019 indicates that The net worth of Picostone Technology Private Limited has experienced an downturn of -165.53%.
When was the last Balance Sheet of Picostone Technology Private Limited filed with the ROC?
The most recent Balance Sheet for Picostone Technology Private Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
Nilesh JainDirector