Pieco India Engineering Company Private Limited

Manufactures and supplies electrical panels and provides turnkey MEP solutions for various clients.

1991 | Delhi (India) | Active
Last Updated: February 02, 2025

Pieco India Engineering Company Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 0.10 M
  • Company Age 33 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 56.94 Cr
  • Satisfied Charges ₹ 6.00 Cr
  • Revenue Growth 84.48%
  • Profit Growth 72.18%
  • Ebitda 82.55%
  • Net Worth 44.57%
  • Total Assets 46.12%

About Pieco India Engineering Company

Pieco India Engineering Company Private Limited (PIECPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 April 1991 and has a history of 33 years and nine months. Its registered office is in Delhi, India.

The Company is engaged in the Energy And Power 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 2.00 Cr and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹56.94 Cr. The company has closed loans amounting to ₹6.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Narinder Verma, Munish Verma, and Sunita Verma serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pieco.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1991PTC044140

  • Company No.

    044140

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Apr 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Energy and Power

What products or services does Pieco India Engineering Company Private Limited offer?

Pieco India Engineering Company Private Limited offers a wide range of products and services, including VFD, PLC, HMI & Control Equipments, Control Equipment, Fire Fighting & Prevention Products, Fire Safety Service, Electrical Panels & Distribution Box, AMF Panels, Industrial Control Systems, Plant Design & Installation Services, Industrial Equipment Installation, Electrical & Electronic Test Devices.

Who are the key members and board of directors at Pieco India Engineering Company?

Board Members (3)

Name Designation Appointment Date Status
Munish Verma Country flag representing In Director 27-Feb-1994 Current
Narinder Verma Country flag representing In Director 05-Jul-2005 Current
Sunita Verma Country flag representing In Director 27-Dec-2022 Current

Financial Performance of Pieco India Engineering Company.

Pieco India Engineering Company Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 84.48% increase. The company also saw a substantial improvement in profitability, with a 72.18% increase in profit. The company's net worth Soared by an impressive increase of 44.57%.

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
84.48%
Revenue from Operations
84.51%
Total Assets
46.12%
Profit or Loss
72.18%
Net Worth
44.57%
EBITDA
82.55%

What is the Ownership and Shareholding Structure of Pieco India Engineering Company?

In 2023, Pieco India Engineering Company 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

₹56.94 Cr

Satisfied Charges

₹6.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 31.19 Cr
  • Hdfc Bank Limited : 25.75 Cr

Latest Charge Details

Date Lender Amount Status
08 Aug 2024 Hdfc Bank Limited ₹10.00 Cr Open
06 May 2024 Hdfc Bank Limited ₹7.88 Cr Open
06 May 2024 Hdfc Bank Limited ₹7.88 Cr Open
12 Jul 2016 Others ₹31.19 Cr Open
28 Feb 2019 Others ₹6.00 Cr Satisfied

How Many Employees Work at Pieco India Engineering Company?

Pieco India Engineering Company has a workforce of 10 employees as of Apr 08, 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 Pieco India Engineering Company, 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 Pieco India Engineering Company'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 Pieco India Engineering Company

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100966005 was registered on 08 Aug 2024.

    08 Aug 2024

  • Charges

    A charge with Others of Rs. 31.19 Cr registered on 12 Jul 2016 with Charge ID 100040012 was modified on 25 Jul 2024.

    25 Jul 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 7.88 Cr with Charge ID 100912898 was registered on 06 May 2024.

    06 May 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 7.88 Cr with Charge ID 100918283 was registered on 06 May 2024.

    06 May 2024

  • Annual General Meeting

    Pieco India Engineering Company Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Pieco India Engineering Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

Frequently asked questions

  • Pieco India Engineering Company Private Limited was incorporated on 29 Apr 1991.

  • The authorized share capital of Pieco India Engineering Company Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Pieco India Engineering Company Private Limited.

    • Narinder Kumar Verma
    • Munish Kumar Verma
    • Sunita Verma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pieco India Engineering Company Private Limited is 36 A First Floor Dlf Industrial Area Najafgarh Road Kirti Nagar India, New Delhi, 110015.

  • The corporate identification number (CIN) of Pieco India Engineering Company Private Limited is U74899DL1991PTC044140 and the company number is 044140 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pieco India Engineering Company Private Limited is https://www.pieco.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pieco India Engineering Company Private Limited has risen by 84.48%.

  • As Per 2023 financial reports, 10 employees are currently employed by Pieco India Engineering Company Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pieco India Engineering Company Private Limited has experienced an upsurge of 44.57%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pieco India Engineering Company Private Limited amount to ₹ 56.94 Cr.

  • The most recent Balance Sheet for Pieco India Engineering Company Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Power Equipment Manufacturers