Piotex Industries Profile
Key Indicators
- Authorised Capital ₹ 8.50 Cr
- Paid Up Capital ₹ 5.10 Cr
- Company Age 5 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 8.75 Cr
- Revenue Growth 7.72%
- Profit Growth 289.65%
- Ebitda 248.73%
- Net Worth 190.82%
- Total Assets 29.31%
About Piotex Industries
Piotex Industries Limited (PIL) is a Public Limited Indian Non-Government Company incorporated in India on 24 October 2019 (Five years and six months 27 days old ). Its registered office is in Pune, Maharashtra, India.
The Company is engaged in the Machinery And Equipment 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 8.50 Cr and a paid-up capital of Rs 5.10 Cr.
The company has closed loans amounting to ₹8.75 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Piotex Industries Limited India are Yogesh Nimodiya as CFO and Mahendra Rajpoot as Company Secretary. Sandeep Deore, Yogesh Nimodiya, Abhay Asalkar, and Two other members serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17299PN2019PLC187464
- Company No.
187464
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Oct 2019
- Date of AGM
08 May 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Machinery and Equipment
Piotex Industries Limited
Explore comprehensive data for Piotex Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Piotex Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abhay Asalkar  | Managing Director | 24-Oct-2019 | Current |
| Yogesh Nimodiya | CFO | 22-Sep-2023 | Current |
| Mahendra Rajpoot | Company Secretary | 26-Sep-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Yogesh Nimodiya | Director | 24-Oct-2019 | Current |
| Sandeep Deore | Director | 15-Sep-2023 | Current |
| Sandeep Deore | Director | 30-Nov-2021 | Current |
| Bhavisha Chauhan | Director | 15-Sep-2023 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Piotex Industries?
In 2023, Piotex Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ved Dhara EducationSandeep Deore is a mutual person
Piotex Ventures Private LimitedYogesh Nimodiya and Abhay Asalkar are mutual person
Piotex Textech Private LimitedYogesh Nimodiya and Abhay Asalkar are mutual person
Exolloys Engineering Private LimitedSandeep Deore is a mutual person
Dynaxcel Engineers Private LimitedSandeep Deore is a mutual person
Arya Engineers And Contractors Private LimitedSandeep Deore is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹8.75 Cr
Charges Breakdown by Lending Institutions
- Tirupati Urban Co-Op. Bank Limited : 6.75 Cr
- Axis Bank Limited : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jan 2022 | Tirupati Urban Co-Op. Bank Limited | ₹6.75 Cr | Satisfied |
| 11 Sep 2020 | Axis Bank Limited | ₹2.00 Cr | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Piotex Industries, 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 Piotex Industries's trajectory.
Rating
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
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 Piotex Industries
Recent activity within the organization
- Annual General Meeting
Piotex Industries Limited last Annual general meeting of members was held on 08 May 2024 as per latest MCA records.
- Balance Sheet
Piotex Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Director Appointment
Mahendra Singh Rajpoot was appointed as a Company Secretary was appointed as a Company Secretary on 26 Sep 2023 & has been associated with this company since 1 year 7 months .
- Director Appointment
Yogesh Omprakash Nimodiya was appointed as a Cfo was appointed as a Cfo on 22 Sep 2023 & has been associated with this company since 1 year 7 months .
- Director Appointment
Bhavisha Kunal Chauhan was appointed as a Director was appointed as a Director on 15 Sep 2023 & has been associated with this company since 1 year 8 months .
- 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 8 months .
Frequently asked questions
What is the Incorporation or founding date of Piotex Industries Limited?
Piotex Industries Limited was incorporated on 24 Oct 2019.
What is authorized share capital and paid-up capital of Piotex Industries Limited?
The authorized share capital of Piotex Industries Limited is ₹ 8.50 Cr and paid-up capital is ₹ 5.10 Cr.
Who are the current board members & directors of Piotex Industries Limited?
Currently 7 directors are associated with Piotex Industries Limited.
- Sandeep Vitthalrao Deore
- Yogesh Omprakash Nimodiya
- Abhay Shriram Asalkar
- Yogesh Omprakash Nimodiya
- Mahendra Singh Rajpoot
- Bhavisha Kunal Chauhan
- Sandeep Narayanrao Deore
What is the registered address of Piotex Industries Limited?
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.
What is the corporate identification number (CIN) and company number of Piotex Industries Limited?
The corporate identification number (CIN) of Piotex Industries Limited is U17299PN2019PLC187464 and the company number is 187464 as per Ministry of Corporate Affairs (MCA).
What is the official website of Piotex Industries Limited?
The Official website of Piotex Industries Limited is https://www.piotex.in
What has been the recent revenue trend for Piotex Industries Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Piotex Industries Limited has risen by 7.72%.
How many employees does Piotex Industries Limited currently have?
As Per 2023 financial reports, 5 employees are currently employed by Piotex Industries Limited.
What change has been observed in the net worth of Piotex Industries Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Piotex Industries Limited has experienced an upsurge of 190.82%.
When was the last Balance Sheet of Piotex Industries Limited filed with the ROC?
The most recent Balance Sheet for Piotex Industries Limited was filed with the ROC on 31 Mar 2024.
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