Piotex Textech Private Limited

Indian marketing firm for textile industry, specializing in trading and agency for machines and accessories.

2012 | Pune, Maharashtra (India) | Active
Last Updated:

Piotex Textech Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 6.17 M
  • Company Age 12 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 25.98 Cr
  • Satisfied Charges ₹ 36.80 Cr
  • Revenue Growth -6.54%
  • Profit Growth -25.02%
  • Ebitda -16.47%
  • Net Worth 47.16%
  • Total Assets 130.91%

About Piotex Textech

Piotex Textech Private Limited (PTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 September 2012 and has a history of 12 years and six months. Its registered office is in Pune, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 6.17 M.

The company currently has active open charges totaling ₹25.98 Cr. The company has closed loans amounting to ₹36.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Yogesh Nimodiya and Abhay Asalkar 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

    U29262PN2012PTC144785

  • Company No.

    144785

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Sep 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Manufacturing

What products or services does Piotex Textech Private Limited offer?

Piotex Textech Private Limited offers a wide range of products and services, including Conveyor Systems & Components, Conveyor Chains, Machine & Precision Tools, Spindles, Industrial Belts & V Belts, Flat Belt, Strapping & Sealing Machines, Cap Sealing Machine.

Company report

Piotex Textech Private Limited

Explore comprehensive data for Piotex Textech Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Yogesh Nimodiya Country flag representing In Whole-Time Director 31-Mar-2014Current
Abhay Asalkar Country flag representing In Whole-Time Director 31-Mar-2014Current

Financial Performance of Piotex Textech.

Piotex Textech Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.54% decrease. The company also saw a substantial fall in profitability, with a 25.02% decrease in profit. The company's net worth Soared by an impressive increase of 47.16%.

Piotex Textech revenue growth over time
Piotex Textech 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
-6.54%
Revenue from Operations
-6.63%
Total Assets
130.91%
Profit or Loss
-25.02%
Net Worth
47.16%
EBITDA
-16.47%

What is the Ownership and Shareholding Structure of Piotex Textech?

In 2023, Piotex Textech 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

₹25.98 Cr

Satisfied Charges

₹36.80 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 25.98 Cr

Latest Charge Details

DateLenderAmountStatus
10 Apr 2023Axis Bank Limited₹25.00 CrOpen
22 Sep 2022Axis Bank Limited₹4.95 MOpen
22 Sep 2022Axis Bank Limited₹4.86 MOpen
08 Mar 2022Axis Bank Limited₹18.00 CrSatisfied
11 Sep 2020Axis Bank Limited₹18.00 CrSatisfied

How Many Employees Work at Piotex Textech?

Piotex Textech has a workforce of 6 employees as of Apr 03, 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 Piotex Textech Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Piotex Textech, 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 Textech'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 Piotex Textech

Recent activity within the organization

  • Annual General Meeting

    Piotex Textech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Piotex Textech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge with Axis Bank Limited of Rs. 25.00 Cr registered on 10 Apr 2023 with Charge ID 100711954 was modified on 01 Jul 2023.

  • Charges

    A charge registered on 08 Mar 2022 via Charge ID 100563826 with Axis Bank Limited was fully satisfied on 04 May 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100711954 was registered on 10 Apr 2023.

  • Charges

    A charge registered on 11 Sep 2020 via Charge ID 100376962 with Axis Bank Limited was fully satisfied on 23 Mar 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Piotex Textech Private Limited?

    Piotex Textech Private Limited was incorporated on 17 Sep 2012.

  • What is authorized share capital and paid-up capital of Piotex Textech Private Limited?

    The authorized share capital of Piotex Textech Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 6.17 M.

  • Who are the current board members & directors of Piotex Textech Private Limited?

    Currently 2 directors are associated with Piotex Textech Private Limited.

    • Yogesh Omprakash Nimodiya
    • Abhay Shriram Asalkar

  • What is the registered address of Piotex Textech Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Piotex Textech Private 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 Textech Private Limited?

    The corporate identification number (CIN) of Piotex Textech Private Limited is U29262PN2012PTC144785 and the company number is 144785 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Piotex Textech Private Limited?

    The Official website of Piotex Textech Private Limited is https://www.piotex.in

  • What has been the recent revenue trend for Piotex Textech Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Piotex Textech Private Limited has fallen by -6.54%.

  • How many employees does Piotex Textech Private Limited currently have?

    As Per 2023 financial reports, 6 employees are currently employed by Piotex Textech Private Limited.

  • What change has been observed in the net worth of Piotex Textech Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Piotex Textech Private Limited has experienced an upsurge of 47.16%.

  • What are the total open charges for Piotex Textech Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Piotex Textech Private Limited amount to ₹ 25.98 Cr.

  • When was the last Balance Sheet of Piotex Textech Private Limited filed with the ROC?

    The most recent Balance Sheet for Piotex Textech Private Limited was filed with the ROC on 31 Mar 2024.

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