Pitel Engineering Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 28 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 4.29 Cr
- Revenue Growth -39.99%
- Profit Growth 36.16%
- Ebitda -118.57%
- Net Worth 9.94%
- Total Assets 10.47%
About Pitel Engineering
Pitel Engineering Private Limited (PEPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 October 1996 and has a history of 28 years and three months. Its registered office is in Thane, Maharashtra, India.
The Company is engaged in the Information Technology 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 0.50 M and a paid-up capital of Rs 0.50 M.
The company has closed loans amounting to ₹4.29 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Suresh Joshi and Vijay Joshi serve as directors at the Company.
Company Details
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Location
Thane, 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
U29299MH1996PTC103478
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Company No.
103478
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
24 Oct 1996
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Date of AGM
06 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 Mumbai
Industry
What products or services does Pitel Engineering Private Limited offer?
Pitel Engineering Private Limited offers a wide range of products and services, including Project Consultants, Engineering Consulting, Architectural Designing Services, Engineering Design Services, Product Prototyping Services, Product Engineering Service.
Who are the key members and board of directors at Pitel Engineering?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Joshi
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Director | 16-Jul-2010 | Current |
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Vijay Joshi
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Director | 16-Jul-2010 | Current |
Financial Performance of Pitel Engineering.
Pitel Engineering Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 39.99% decrease. The company also saw a substantial improvement in profitability, with a 36.16% increase in profit. The company's net worth moved up by a moderate rise of 9.94%.
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What is the Ownership and Shareholding Structure of Pitel Engineering?
In 2021, Pitel Engineering 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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Esmech Rolling Machinery LlpSuresh Joshi and Vijay Joshi are mutual person
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Esmech Equipment Private Limited
Suresh Joshi and Vijay Joshi are mutual person
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Hb Esmech Private Limited
Suresh Joshi and Vijay Joshi are mutual person
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Akay Plastics Private LimitedSuresh Joshi and Vijay Joshi are mutual person
Charges (Loans)
₹0
₹42.90 M
Charges Breakdown by Lending Institutions
- Canara Bank : 4.00 Cr
- Union Bank Of India : 0.29 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2015 | Canara Bank | ₹2.00 Cr | Satisfied |
| 07 Nov 2013 | Canara Bank | ₹2.00 Cr | Satisfied |
| 12 Sep 2006 | Union Bank Of India | ₹2.90 M | Satisfied |
How Many Employees Work at Pitel Engineering?
Pitel Engineering has a workforce of 0 employees as of Apr 09, 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 Pitel Engineering, 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 Pitel Engineering'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.
