Pierlite India Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
as on 27-12-2024
- Paid Up Capital ₹ 1.44 Cr
as on 27-12-2024
- Company Age 28 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 38.45 Cr
as on 27-12-2024
- Revenue 872.99%
(FY 2019)
- Profit 818.46%
(FY 2019)
- Ebitda -48.99%
(FY 2019)
- Net Worth 33.04%
(FY 2019)
- Total Assets 31.06%
(FY 2019)
About Pierlite India
The Corporate was formerly known as Gerard Electric India Private Limited. 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 50.00 Cr and a paid-up capital of Rs 1.44 Cr.
The company has closed loans amounting to ₹38.45 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Pierlite India Private Limited. India is Jigishkumar Parikh as COMPANY SECRETARY. Selwyn Schroeder and Mark Dewar serve as directors at the Company.
- CIN/LLPIN
U31110GJ1996PTC031172
- Company No.
031172
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Nov 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Pierlite India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jigishkumar Parikh  | Company Secretary | 03-Apr-2019 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Selwyn Schroeder  | Director | 09-Sep-2020 | Current |
| Mark Dewar | Director | 09-Sep-2020 | Current |
Financial Performance of Pierlite India.
Pierlite India Private Limited., for the financial year ended 2019, experienced significant growth in revenue, with a 872.99% increase. The company also saw a substantial improvement in profitability, with a 818.46% increase in profit. The company's net worth Soared by an impressive increase of 33.04%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (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 Pierlite India?
In 2019, Pierlite 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.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Bank Of India Creation Date: 26 Mar 1999 | ₹11.80 Cr | Satisfied |
Bank Of India Creation Date: 26 Mar 1999 | ₹11.80 Cr | Satisfied |
Bank Of India Creation Date: 31 Mar 1998 | ₹4.95 Cr | Satisfied |
How Many Employees Work at Pierlite India?
Unlock and access historical data on people associated with Pierlite India, 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 Pierlite 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 Pierlite India'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.
