Pit Shop Private Limited

Wholesale trade services for cars, motor vehicles, trailers, and more.

2017 | Hyderabad, Telangana (India) | Active
Last Updated: December 10, 2024

Pit Shop Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.17 Cr
  • Company Age 7 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.15 Cr
  • Revenue Growth -7.61%
  • Profit Growth -1137.05%
  • Ebitda -745.93%
  • Net Worth -1685.91%
  • Total Assets 6.29%

About Pit Shop

Pit Shop Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 December 2017 (Seven years and one month 26 days old ). Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Automotive 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 3.00 Cr and a paid-up capital of Rs 2.17 Cr.

The company currently has active open charges totaling ₹4.15 Cr.

Vishnu Sabbineni and Sivani Sabbineni serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999TG2017PTC121374

  • Company No.

    121374

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Dec 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Automotive

Who are the key members and board of directors at Pit Shop?

Executive Team (1)

Name Designation Appointment Date Status
Vishnu Sabbineni Country flag representing In Managing Director 26-Apr-2023 Current

Board Members (1)

Name Designation Appointment Date Status
Sivani Sabbineni Country flag representing In Director 10-Mar-2021 Current

Financial Performance of Pit Shop.

Pit Shop Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 7.61% decrease. The company also saw a substantial fall in profitability, with a 1137.05% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1685.91%.

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
-7.61%
Revenue from Operations
-7.69%
Total Assets
6.29%
Profit or Loss
-1137.05%
Net Worth
-1685.91%
EBITDA
-745.93%

What is the Ownership and Shareholding Structure of Pit Shop?

In 2020, Pit Shop 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

₹4.15 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Uco Bank : 4.00 Cr
  • Hdfc Bank Limited : 0.15 Cr

Latest Charge Details

Date Lender Amount Status
14 Dec 2023 Uco Bank ₹4.00 Cr Open
17 Jun 2023 Hdfc Bank Limited ₹1.51 M Open

How Many Employees Work at Pit Shop?

Pit Shop has a workforce of 111 employees as of Mar 23, 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 Pit Shop, 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 Pit Shop'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 Pit Shop

Recent activity within the organization

  • Charges

    A charge with Uco Bank amounted to Rs. 4.00 Cr with Charge ID 100827610 was registered on 14 Dec 2023.

    14 Dec 2023

  • Annual General Meeting

    Pit Shop 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 Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100769293 was registered on 17 Jun 2023.

    17 Jun 2023

  • Director Appointment

    Vishnu Teja Sabbineni was appointed as a Managing Director was appointed as a Managing Director on 26 Apr 2023 & has been associated with this company since 1 year 9 months .

    26 Apr 2023

  • Balance Sheet

    Pit Shop Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Sivani Sabbineni was appointed as a Director was appointed as a Director on 10 Mar 2021 & has been associated with this company since 3 years 11 months .

    10 Mar 2021

Frequently asked questions

  • Pit Shop Private Limited was incorporated on 21 Dec 2017.

  • The authorized share capital of Pit Shop Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.17 Cr.

  • Currently 2 directors are associated with Pit Shop Private Limited.

    • Vishnu Teja Sabbineni
    • Sivani Sabbineni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pit Shop Private Limited is H.No.1-10-127 Street No.9, Ashok Nagar India, Hyderabad, Telangana, 500020.

  • The corporate identification number (CIN) of Pit Shop Private Limited is U74999TG2017PTC121374 and the company number is 121374 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Pit Shop Private Limited has fallen by -7.61%.

  • As Per 2020 financial reports, 111 employees are currently employed by Pit Shop Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Pit Shop Private Limited has experienced an downturn of -1685.91%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Pit Shop Private Limited amount to ₹ 4.15 Cr.

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

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