Pierlite India Private Limited.

Supplier and manufacturer of L.T. switch gears, lighting fixtures, and electrical products.

1996 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Pierlite India Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 1.44 Cr
  • Company Age 28 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 38.45 Cr
  • Revenue Growth -45.49%
  • Profit Growth -153.78%
  • Ebitda -27.38%
  • Net Worth -70.49%
  • Total Assets -70.00%

About Pierlite India

Pierlite India Private Limited. (PIPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 November 1996 and has a history of 28 years and five months. Its registered office is in Ahmedabad, Gujarat, 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.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • 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

Consumer Electronics & Durables
Energy and Power
Company report

Pierlite India Private Limited.

Explore comprehensive data for Pierlite India Private Limited., including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Pierlite India?

Executive Team (1)

NameDesignationAppointment DateStatus
Jigishkumar Parikh Country flag representing In Company Secretary03-Apr-2019Current

Board Members (2)

NameDesignationAppointment DateStatus
Selwyn Schroeder Country flag representing Au Director 09-Sep-2020Current
Mark Dewar Country flag representing Au Director 09-Sep-2020Current

Financial Performance of Pierlite India.

Pierlite India Private Limited., for the financial year ended 2022, experienced significant reduction in revenue, with a 45.49% decrease. The company also saw a substantial fall in profitability, with a 153.78% decrease in profit. The company's net worth observed a substantial decline by a decrease of 70.49%.

Pierlite India revenue growth over time
Pierlite India 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
-45.49%
Revenue from Operations
Total Assets
-70.00%
Profit or Loss
-153.78%
Net Worth
-70.49%
EBITDA
-27.38%

What is the Ownership and Shareholding Structure of Pierlite India?

Unlock access to Pierlite India's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹38.45 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 38.45 Cr

Latest Charge Details

DateLenderAmountStatus
26 Mar 1999Bank Of India₹11.80 CrSatisfied
26 Mar 1999Bank Of India₹11.80 CrSatisfied
31 Mar 1998Bank Of India₹4.95 CrSatisfied
31 Mar 1998Bank Of India₹4.95 CrSatisfied
31 Mar 1998Bank Of India₹4.95 CrSatisfied

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.

Employee growth trends for Pierlite India Private Limited.

Deals i

Graph showing company valuation over time

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

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 Pierlite India

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Pierlite India Private Limited. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Selwyn Deon Schroeder was appointed as a Director was appointed as a Director on 09 Sep 2020 & has been associated with this company since 4 years 8 months .

  • Director Appointment

    Mark James Dewar was appointed as a Director was appointed as a Director on 09 Sep 2020 & has been associated with this company since 4 years 8 months .

  • Director Appointment

    Jigishkumar Rajnikant Parikh was appointed as a Company Secretary was appointed as a Company Secretary on 03 Apr 2019 & has been associated with this company since 6 years 1 month .

  • Charges

    A charge registered on 26 Mar 1999 via Charge ID 90096593 with Bank Of India was fully satisfied on 30 Nov 2010.

Frequently asked questions

  • What is the Incorporation or founding date of Pierlite India Private Limited.?

    Pierlite India Private Limited. was incorporated on 22 Nov 1996.

  • What is authorized share capital and paid-up capital of Pierlite India Private Limited.?

    The authorized share capital of Pierlite India Private Limited. is ₹ 50.00 Cr and paid-up capital is ₹ 1.44 Cr.

  • Who are the current board members & directors of Pierlite India Private Limited.?

    Currently 3 directors are associated with Pierlite India Private Limited..

    • Selwyn Deon Schroeder
    • Mark James Dewar
    • Jigishkumar Rajnikant Parikh

  • What is the registered address of Pierlite India Private Limited.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pierlite India Private Limited. is C/716 Siddhi Vinayak Towers - B/H. Dcp Office Off. S.G.Highway, Makarba India, Ahmedabad, Gujarat, 380051.

  • What is the corporate identification number (CIN) and company number of Pierlite India Private Limited.?

    The corporate identification number (CIN) of Pierlite India Private Limited. is U31110GJ1996PTC031172 and the company number is 031172 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Pierlite India Private Limited.?

    The Official website of Pierlite India Private Limited. is https://www.pierlite.co.in

  • What has been the recent revenue trend for Pierlite India Private Limited.?

    According to the financial reports for the fiscal year 2022, the revenue trend for Pierlite India Private Limited. has fallen by -45.49%.

  • What change has been observed in the net worth of Pierlite India Private Limited., and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Pierlite India Private Limited. has experienced an downturn of -70.49%.

  • When was the last Balance Sheet of Pierlite India Private Limited. filed with the ROC?

    The most recent Balance Sheet for Pierlite India Private Limited. was filed with the ROC on 31 Mar 2024.

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