Pitti Electrical Equipment Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 11.78 Cr
- Company Age 29 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 7.77 Cr
- Revenue Growth 549.84%
- Profit Growth 778.71%
- Ebitda -408.94%
- Net Worth 26.10%
- Total Assets 54.10%
About Pitti Electrical Equipment
Pitti Electrical Equipment Private Limited (PEEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 April 1995 and has a history of 29 years and ten months. Its registered office is in Hyderabad (A .P), Telangana, India.
The Corporate was formerly known as Pitti Electrical Equipment Limited. The Company is engaged in the Metals And Minerals 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 25.00 Cr and a paid-up capital of Rs 11.78 Cr.
The company has closed loans amounting to ₹7.77 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Pitti Electrical Equipment Private Limited India is Nishitha Agarwal as COMPANY SECRETARY. Akshay Pitti and Sharad Pitti serve as directors at the Company.
Company Details
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Location
Hyderabad (A .P), Telangana, 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
U31909TG1995PTC019901
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Company No.
019901
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
03 Apr 1995
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
What products or services does Pitti Electrical Equipment Private Limited offer?
Pitti Electrical Equipment Private Limited offers a wide range of products and services, including Repair & Maintenance Services, Machinery Repairs, Telecom Services, Engg & Maintenance, Mobile Communication Services.
Who are the key members and board of directors at Pitti Electrical Equipment?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nishitha Agarwal | Company Secretary | 01-Jul-2022 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Akshay Pitti
|
Director | 22-Dec-2003 | Current |
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Sharad Pitti
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Director | 03-Apr-1995 | Current |
Financial Performance of Pitti Electrical Equipment.
Pitti Electrical Equipment Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 549.84% increase. The company also saw a substantial improvement in profitability, with a 778.71% increase in profit. The company's net worth Soared by an impressive increase of 26.1%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Pitti Electrical Equipment?
In 2023, Pitti Electrical Equipment had a promoter holding of 95.97% and a public holding of 4.03%. The company had 1 Subsidiary and 1 Associate company. 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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Dakshin Foundry Private LimitedAkshay Pitti is a mutual person
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Pitti Castings Private LimitedNishitha Agarwal, Akshay Pitti and 1 more are mutual person
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Pitti Engineering LimitedAkshay Pitti and Sharad Pitti are mutual person
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Pitti Rail And Engineering Components Limited
Akshay Pitti and Sharad Pitti are mutual person
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Pitti Holdings Private Limited
Akshay Pitti and Sharad Pitti are mutual person
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Pitti Components Limited
Akshay Pitti and Sharad Pitti are mutual person
Charges (Loans)
₹0
₹7.77 Cr
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 3.00 Cr
- Axis Bank Limited : 2.12 Cr
- Agroha Co-Operative Urbank Bank Ltd : 1.95 Cr
- Others : 0.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 May 2021 | Axis Bank Limited | ₹2.12 Cr | Satisfied |
| 20 Apr 2019 | Others | ₹7.00 M | Satisfied |
| 30 Dec 2009 | Indian Overseas Bank | ₹3.00 Cr | Satisfied |
| 01 Oct 2009 | Agroha Co-Operative Urbank Bank Ltd | ₹1.95 Cr | Satisfied |
How Many Employees Work at Pitti Electrical Equipment?
Pitti Electrical Equipment has a workforce of 5 employees as of Apr 10, 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 Pitti Electrical Equipment, 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 Pitti Electrical Equipment'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.
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