Piotex Textech Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 6.17 M
- Company Age 12 Year, 4 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 four 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
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Location
Pune, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U29262PN2012PTC144785
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Company No.
144785
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
17 Sep 2012
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Pune
Industry
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.
Who are the key members and board of directors at Piotex Textech?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yogesh Nimodiya
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Whole-Time Director | 31-Mar-2014 | Current |
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Abhay Asalkar
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Whole-Time Director | 31-Mar-2014 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Piotex Industries LimitedYogesh Nimodiya and Abhay Asalkar are mutual person
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Piotex Ventures Private LimitedYogesh Nimodiya and Abhay Asalkar are mutual person
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Adler Bizsol LlpYogesh Nimodiya and Abhay Asalkar are mutual person
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Piotex Grover International Private Limited
Yogesh Nimodiya and Abhay Asalkar are mutual person
Charges (Loans)
₹25.98 Cr
₹36.80 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 25.98 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Apr 2023 | Axis Bank Limited | ₹25.00 Cr | Open |
| 22 Sep 2022 | Axis Bank Limited | ₹4.95 M | Open |
| 22 Sep 2022 | Axis Bank Limited | ₹4.86 M | Open |
| 08 Mar 2022 | Axis Bank Limited | ₹18.00 Cr | Satisfied |
| 11 Sep 2020 | Axis Bank Limited | ₹18.00 Cr | Satisfied |
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.
Deals i
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
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.
