Pinnacle Electrodes Private Limited

Manufactures a variety of electrodes for welding and cutting purposes.

1995 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Pinnacle Electrodes Profile

Key Indicators

  • Authorised Capital ₹ 1.75 Cr
  • Paid Up Capital ₹ 1.24 Cr
  • Company Age 29 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.21 Cr
  • Satisfied Charges ₹ 11.62 Cr
  • Revenue Growth 4.74%
  • Profit Growth 6.62%
  • Ebitda -29.63%
  • Net Worth 3.80%
  • Total Assets -3.11%

About Pinnacle Electrodes

Pinnacle Electrodes Private Limited (PEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 October 1995 and has a history of 29 years and three months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Manufacturing 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 1.75 Cr and a paid-up capital of Rs 1.24 Cr.

The company currently has active open charges totaling ₹15.21 Cr. The company has closed loans amounting to ₹11.62 Cr, as per Ministry of Corporate Affairs (MCA) records.

Naresh Gupta and Seema Gupta serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pinnacleelectrodes.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1995PTC019061

  • Company No.

    019061

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Oct 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Pinnacle Electrodes Private Limited offer?

Pinnacle Electrodes Private Limited offers a wide range of products and services, including Welding, Rods, Electrodes & Wires, Welding Electrodes, Mild Steel Welding Rod, Alloy Electrodes, Electrodes.

Who are the key members and board of directors at Pinnacle Electrodes?

Board Members (2)

NameDesignationAppointment DateStatus
Naresh Gupta Country flag representing In Whole-Time Director 23-Sep-2005Current
Seema Gupta Country flag representing In Director 13-Aug-2014Current

Financial Performance of Pinnacle Electrodes.

Pinnacle Electrodes Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.74% increase. The company also saw a slight improvement in profitability, with a 6.62% increase in profit. The company's net worth moved up by a moderate rise of 3.8%.

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
4.74%
Revenue from Operations
3.19%
Total Assets
-3.11%
Profit or Loss
6.62%
Net Worth
3.80%
EBITDA
-29.63%

What is the Ownership and Shareholding Structure of Pinnacle Electrodes?

In 2023, Pinnacle Electrodes had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.21 Cr

Satisfied Charges

₹11.62 Cr

Charges Breakdown by Lending Institutions

  • Others : 12.86 Cr
  • Tata Capital Financial Services Limited : 2.00 Cr
  • Hdfc Bank Limited : 0.35 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jan 2024Others₹2.20 CrOpen
29 May 2023Tata Capital Financial Services Limited₹2.00 CrOpen
19 Dec 2022Others₹10.66 CrOpen
27 Oct 2022Hdfc Bank Limited₹3.50 MOpen
27 Feb 2012Others₹10.87 CrSatisfied

How Many Employees Work at Pinnacle Electrodes?

Pinnacle Electrodes has a workforce of 51 employees as of Oct 24, 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 Pinnacle Electrodes, 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 Pinnacle Electrodes'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 Pinnacle Electrodes

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 2.20 Cr with Charge ID 100856054 was registered on 10 Jan 2024.

    10 Jan 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 10.66 Cr registered on 19 Dec 2022 with Charge ID 100687361 was modified on 02 Jun 2023.

    02 Jun 2023

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 2.00 Cr with Charge ID 100724402 was registered on 29 May 2023.

    29 May 2023

  • Charges

    A charge registered on 27 Feb 2012 via Charge ID 10340491 with Others was fully satisfied on 20 Apr 2023.

    20 Apr 2023

  • Balance Sheet

    Pinnacle Electrodes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

Frequently asked questions

  • Pinnacle Electrodes Private Limited was incorporated on 26 Oct 1995.

  • The authorized share capital of Pinnacle Electrodes Private Limited is ₹ 1.75 Cr and paid-up capital is ₹ 1.24 Cr.

  • Currently 2 directors are associated with Pinnacle Electrodes Private Limited.

    • Naresh Gupta
    • Seema Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pinnacle Electrodes Private Limited is No. 17/A 1St Phase Kumbalgodu Industrial Area Mysore Road, India, Bangalore, Karnataka, 560074.

  • The corporate identification number (CIN) of Pinnacle Electrodes Private Limited is U85110KA1995PTC019061 and the company number is 019061 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pinnacle Electrodes Private Limited is https://www.pinnacleelectrodes.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pinnacle Electrodes Private Limited has risen by 4.74%.

  • As Per 2023 financial reports, 51 employees are currently employed by Pinnacle Electrodes Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pinnacle Electrodes Private Limited has experienced an upsurge of 3.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pinnacle Electrodes Private Limited amount to ₹ 15.21 Cr.

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

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