Ping Automotive Engineering Private Limited

Manufacturer of plastic and other material automobile components, established in 2006 in Delhi.

2006 | New Delhi, Delhi (India) | Active
Last Updated:

Ping Automotive Engineering Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 18 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.17 Cr
  • Satisfied Charges ₹ 4.99 Cr
  • Revenue Growth 13.54%
  • Profit Growth -5.42%
  • Ebitda -24.74%
  • Net Worth 22.84%
  • Total Assets 10.64%

About Ping Automotive Engineering

Ping Automotive Engineering Private Limited (PAEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 November 2006 and has a history of 18 years and three months. Its registered office is in New Delhi, Delhi, India.

The Company is engaged in the Automotive 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹2.17 Cr. The company has closed loans amounting to ₹4.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manik Prasher, Amit Shukla, Bhupinder Gupta, and One other member serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pingautomotive.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U34300DL2006PTC155820

  • Company No.

    155820

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Nov 2006

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

Who are the key members and board of directors at Ping Automotive Engineering?

Board Members (4)

NameDesignationAppointment DateStatus
Manik Prasher Country flag representing In Director 15-Sep-2023Current
Amit Shukla Country flag representing In Director 23-Nov-2006Current
Bhupinder Gupta Country flag representing In Director 01-Oct-2014Current
Dhruv Sharma Country flag representing In Director 15-Sep-2023Current

Financial Performance of Ping Automotive Engineering.

Ping Automotive Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.54% increase. The company also saw a slight decrease in profitability, with a 5.42% decrease in profit. The company's net worth Soared by an impressive increase of 22.84%.

Ping Automotive Engineering revenue growth over time
Ping Automotive Engineering 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
13.54%
Revenue from Operations
13.39%
Total Assets
10.64%
Profit or Loss
-5.42%
Net Worth
22.84%
EBITDA
-24.74%

What is the Ownership and Shareholding Structure of Ping Automotive Engineering?

In 2023, Ping Automotive Engineering 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

₹21.70 M

Satisfied Charges

₹49.95 M

Charges Breakdown by Lending Institutions

  • Sidbi : 1.42 Cr
  • Others : 0.75 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jan 2022Sidbi₹9.00 MOpen
15 Dec 2021Sidbi₹0.40 MOpen
28 Oct 2020Others₹7.50 MOpen
19 Nov 2019Sidbi₹4.80 MOpen
05 Mar 2020Sidbi₹2.56 MSatisfied

How Many Employees Work at Ping Automotive Engineering?

Ping Automotive Engineering has a workforce of 23 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.

Employee growth trends for Ping Automotive Engineering Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ping Automotive Engineering, 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 Ping Automotive Engineering'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 Ping Automotive Engineering

Recent activity within the organization

  • Annual General Meeting

    Ping Automotive Engineering Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Director Appointment

    Manik Prasher was appointed as a Director was appointed as a Director on 15 Sep 2023 & has been associated with this company since 1 year 5 months .

  • Director Appointment

    Dhruv Sharma was appointed as a Director was appointed as a Director on 15 Sep 2023 & has been associated with this company since 1 year 5 months .

  • Charges

    A charge registered on 02 Mar 2020 via Charge ID 100344748 with Others was fully satisfied on 21 Apr 2023.

  • Charges

    A charge registered on 08 Sep 2018 via Charge ID 100224107 with Others was fully satisfied on 21 Apr 2023.

  • Balance Sheet

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

Frequently asked questions

  • What is the Incorporation or founding date of Ping Automotive Engineering Private Limited?

    Ping Automotive Engineering Private Limited was incorporated on 23 Nov 2006.

  • What is authorized share capital and paid-up capital of Ping Automotive Engineering Private Limited?

    The authorized share capital of Ping Automotive Engineering Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Who are the current board members & directors of Ping Automotive Engineering Private Limited?

    Currently 4 directors are associated with Ping Automotive Engineering Private Limited.

    • Manik Prasher
    • Amit Shukla
    • Bhupinder Kumar Gupta
    • Dhruv Sharma

  • What is the registered address of Ping Automotive Engineering Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ping Automotive Engineering Private Limited is B-8 House No. 447 Paryatat Vihar Vasundhra Enclave, New Delhi, India, 110096.

  • What is the corporate identification number (CIN) and company number of Ping Automotive Engineering Private Limited?

    The corporate identification number (CIN) of Ping Automotive Engineering Private Limited is U34300DL2006PTC155820 and the company number is 155820 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ping Automotive Engineering Private Limited?

    The Official website of Ping Automotive Engineering Private Limited is https://www.pingautomotive.com

  • What has been the recent revenue trend for Ping Automotive Engineering Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ping Automotive Engineering Private Limited has risen by 13.54%.

  • How many employees does Ping Automotive Engineering Private Limited currently have?

    As Per 2023 financial reports, 23 employees are currently employed by Ping Automotive Engineering Private Limited.

  • What change has been observed in the net worth of Ping Automotive Engineering Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ping Automotive Engineering Private Limited has experienced an upsurge of 22.84%.

  • What are the total open charges for Ping Automotive Engineering Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ping Automotive Engineering Private Limited amount to ₹ 2.17 Cr.

  • When was the last Balance Sheet of Ping Automotive Engineering Private Limited filed with the ROC?

    The most recent Balance Sheet for Ping Automotive Engineering Private Limited was filed with the ROC on 31 Mar 2023.

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