Piotex Industries Limited logo

Piotex Industries Limited

Trading machines and accessories for spinning and weaving, ginning and knitting services.
2019 | Pune, Maharashtra (India) | Active

Last Updated:

June 25, 2024
HomeCompanyPiotex Industries Limited

Who are the key members and board of directors at Piotex Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Abhay Asalkar InManaging Director24-Oct-2019Current
Mahendra RajpootCompany SecretaryCurrent
Yogesh NimodiyaCFO25-Aug-2023Current

Board Members(4)

NameDesignationAppointment DateStatus
Yogesh Nimodiya In Director 24-Oct-2019Current
Sandeep Deore In Director 15-Sep-2023Current
Sandeep Deore In Director 30-Nov-2021Current
Bhavisha Chauhan In Director 15-Sep-2023Current

Financial Performance and Corporate Structure Insights of Piotex Industries.

Piotex Industries Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.72% increase. The company also saw a substantial improvement in profitability, with a 289.65% increase in profit. The company's net worth Soared by an impressive increase of 190.82%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
7.72%
Revenue from Operations
7.21%
Total Assets
29.31%
Profit or Loss
289.65%
Net Worth
190.82%
EBITDA
248.73%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹8.75 Cr

LenderAmountStatus

Tirupati Urban Co-Op. Bank Limited

Creation Date: 06 Jan 2022
₹6.75 CrSatisfied

Axis Bank Limited

Creation Date: 11 Sep 2020
₹2.00 CrSatisfied

How Many Employees Work at Piotex Industries?

Piotex Industries has a workforce of 5 employees as of Apr 06, 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.

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Latest Updates, News, and FAQs on Piotex Industries

Recent activity within the organization

  • Director Appointment

    Sandeep Narayanrao Deore was appointed as a Director was appointed as a Director on 15 Sep 2023 & has been associated with this company since 1 year 3 months .

    15 Sep 2023

  • Annual General Meeting

    Piotex Industries Limited last Annual general meeting of members was held on 07 Aug 2023 as per latest MCA records.

    07 Aug 2023

  • Balance Sheet

    Piotex Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge registered on 06 Jan 2022 via Charge ID 100554084 with Tirupati Urban Co-Op. Bank Limited was fully satisfied on 09 Dec 2022.

    09 Dec 2022

  • Charges

    A charge with Tirupati Urban Co-Op. Bank Limited amounted to Rs. 6.75 Cr with Charge ID 100554084 was registered on 06 Jan 2022.

    06 Jan 2022

  • Director Appointment

    Sandeep Vitthalrao Deore was appointed as a Director was appointed as a Director on 30 Nov 2021 & has been associated with this company since 3 years 20 days .

    30 Nov 2021

Frequently asked questions

  • Piotex Industries Limited was incorporated on 24 Oct 2019.

  • The authorized share capital of Piotex Industries Limited is ₹ 8.50 Cr and paid-up capital is ₹ 5.10 Cr.

  • Currently 7 directors are associated with Piotex Industries Limited.

    • Sandeep Narayanrao Deore
    • Sandeep Vitthalrao Deore
    • Yogesh Omprakash Nimodiya
    • Abhay Shriram Asalkar
    • Mahendra Singh Rajpoot
    • Yogesh Omprakash Nimodiya
    • Bhavisha Kunal Chauhan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Piotex Industries Limited is F/Ii Block Plot No. 16/2 M.I.D.C. Pimpri, India, Pune, Maharashtra, 411018.

  • The corporate identification number (CIN) of Piotex Industries Limited is U17299PN2019PLC187464 and the company number is 187464 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Piotex Industries Limited is https://www.piotex.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Piotex Industries Limited has risen by 7.72%.

  • As Per 2023 financial reports, 5 employees are currently employed by Piotex Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Piotex Industries Limited has experienced an upsurge of 190.82%.

  • The most recent Balance Sheet for Piotex Industries Limited was filed with the ROC on 31 Mar 2023.

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