Pitti Electrical Equipment Private Limited

Manufacturer and supplier of MS iron, steel, and scrap since 1995 in Hyderabad, Telangana.

1995 | Hyderabad (A .P), Telangana (India) | Active
Last Updated:

Pitti Electrical Equipment Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 11.78 Cr
  • Company Age 29 Year, 11 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 11 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

  • Location

    Hyderabad (A .P), Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pitti.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31909TG1995PTC019901

  • Company No.

    019901

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Apr 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Metals and Minerals

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)

NameDesignationAppointment DateStatus
Nishitha Agarwal Company Secretary01-Jul-2022Current

Board Members (2)

NameDesignationAppointment DateStatus
Akshay Pitti Country flag representing In Director 22-Dec-2003Current
Sharad Pitti Country flag representing In Director 03-Apr-1995Current

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%.

Pitti Electrical Equipment revenue growth over time
Pitti Electrical Equipment 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
549.84%
Revenue from Operations
506.67%
Total Assets
54.10%
Profit or Loss
778.71%
Net Worth
26.10%
EBITDA
-408.94%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹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

DateLenderAmountStatus
04 May 2021Axis Bank Limited₹2.12 CrSatisfied
20 Apr 2019Others₹7.00 MSatisfied
30 Dec 2009Indian Overseas Bank₹3.00 CrSatisfied
01 Oct 2009Agroha Co-Operative Urbank Bank Ltd₹1.95 CrSatisfied

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.

Employee growth trends for Pitti Electrical Equipment Private Limited

Deals i

Graph showing company valuation over time

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

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 Pitti Electrical Equipment

Recent activity within the organization

  • Annual General Meeting

    Pitti Electrical Equipment Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Pitti Electrical Equipment Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

  • Charges

    A charge registered on 30 Dec 2009 via Charge ID 10201112 with Indian Overseas Bank was fully satisfied on 24 Nov 2022.

  • Charges

    A charge registered on 04 May 2021 via Charge ID 100440934 with Axis Bank Limited was fully satisfied on 01 Aug 2022.

  • Director Appointment

    Nishitha Agarwal was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jul 2022 & has been associated with this company since 2 years 8 months .

  • Charges

    A charge registered on 20 Apr 2019 via Charge ID 100264648 with Others was fully satisfied on 21 Apr 2022.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Pitti Electrical Equipment Private Limited?

    Pitti Electrical Equipment Private Limited was incorporated on 03 Apr 1995.

  • What is authorized share capital and paid-up capital of Pitti Electrical Equipment Private Limited?

    The authorized share capital of Pitti Electrical Equipment Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 11.78 Cr.

  • Who are the current board members & directors of Pitti Electrical Equipment Private Limited?

    Currently 3 directors are associated with Pitti Electrical Equipment Private Limited.

    • Nishitha Agarwal
    • Akshay Sharad Pitti
    • Sharad Badrivishal Pitti

  • What is the registered address of Pitti Electrical Equipment Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pitti Electrical Equipment Private Limited is 6-3-648/2Somajiguda Rajbhavan Road, Hyderabad (A .P), Telangana, India.

  • What is the corporate identification number (CIN) and company number of Pitti Electrical Equipment Private Limited?

    The corporate identification number (CIN) of Pitti Electrical Equipment Private Limited is U31909TG1995PTC019901 and the company number is 019901 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Pitti Electrical Equipment Private Limited?

    The Official website of Pitti Electrical Equipment Private Limited is https://www.pitti.in

  • What has been the recent revenue trend for Pitti Electrical Equipment Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Pitti Electrical Equipment Private Limited has risen by 549.84%.

  • How many employees does Pitti Electrical Equipment Private Limited currently have?

    As Per 2023 financial reports, 5 employees are currently employed by Pitti Electrical Equipment Private Limited.

  • What change has been observed in the net worth of Pitti Electrical Equipment Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Pitti Electrical Equipment Private Limited has experienced an upsurge of 26.10%.

  • When was the last Balance Sheet of Pitti Electrical Equipment Private Limited filed with the ROC?

    The most recent Balance Sheet for Pitti Electrical Equipment Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Metal Retail & Distribution