Piesting Services Private Limited

Provides market research, IT staff augmentation, and industry-specific services to various sectors.

2018 | Khorda, Odisha (India) | Active
Last Updated: December 11, 2024

Piesting Services Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.25 Cr
  • Company Age 6 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.50 Cr
  • Revenue Growth -82.18%
  • Profit Growth -329.14%
  • Ebitda 9.73%
  • Net Worth -4.37%
  • Total Assets -7.77%

About Piesting Services

Piesting Services Private Limited (PSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 02 May 2018 (Six years and nine months 2 days old ). Its registered office is in Khorda, Odisha, India.

The Company is engaged in the Travel And Hospitality 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 1.25 Cr.

The company currently has active open charges totaling ₹1.50 Cr.

Saswati Mishra and Chinmaya Prusty serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999OR2018PTC028805

  • Company No.

    028805

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 May 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Travel and Hospitality

Who are the key members and board of directors at Piesting Services?

Board Members (2)

Name Designation Appointment Date Status
Saswati Mishra Country flag representing In Director 05-May-2022 Current
Chinmaya Prusty Country flag representing In Director 02-May-2018 Current

Financial Performance of Piesting Services.

Piesting Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 82.18% decrease. The company also saw a substantial fall in profitability, with a 329.14% decrease in profit. The company's net worth dipped by a decrease of 4.37%.

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
-82.18%
Revenue from Operations
-80.35%
Total Assets
-7.77%
Profit or Loss
-329.14%
Net Worth
-4.37%
EBITDA
9.73%

What is the Ownership and Shareholding Structure of Piesting Services?

In 2021, Piesting Services had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
20 Feb 2021 Others ₹1.50 Cr Open

How Many Employees Work at Piesting Services?

Piesting Services has a workforce of 14 employees as of Apr 05, 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 Piesting Services, 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 Piesting Services'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 Piesting Services

Recent activity within the organization

  • Annual General Meeting

    Piesting Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Piesting Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Director Appointment

    Saswati Mishra was appointed as a Director was appointed as a Director on 05 May 2022 & has been associated with this company since 2 years 8 months .

    05 May 2022

  • Charges

    A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100428736 was registered on 20 Feb 2021.

    20 Feb 2021

  • Director Appointment

    Chinmaya Chintan Prusty was appointed as a Director was appointed as a Director on 02 May 2018 & has been associated with this company since 6 years 9 months .

    02 May 2018

  • Company Incorporation

    Piesting Services Private Limited was registered on 02 May 2018 with Roc Cuttack & aged 6 years 9 months as per MCA records.

    02 May 2018

Frequently asked questions

  • Piesting Services Private Limited was incorporated on 02 May 2018.

  • The authorized share capital of Piesting Services Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.25 Cr.

  • Currently 2 directors are associated with Piesting Services Private Limited.

    • Saswati Mishra
    • Chinmaya Chintan Prusty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Piesting Services Private Limited is Mr-29 Maruti Residency, Raghunathpur India, Bhubaneswar, Orissa, 751024.

  • The corporate identification number (CIN) of Piesting Services Private Limited is U74999OR2018PTC028805 and the company number is 028805 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Piesting Services Private Limited is https://www.piesting.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Piesting Services Private Limited has fallen by -82.18%.

  • As Per 2023 financial reports, 14 employees are currently employed by Piesting Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Piesting Services Private Limited has experienced an downturn of -4.37%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Piesting Services Private Limited amount to ₹ 1.50 Cr.

  • The most recent Balance Sheet for Piesting Services Private Limited was filed with the ROC on 31 Mar 2023.

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