Piyush Overseas Private Limited

Manufactures and sells a variety of ready-made garments, with a manufacturing facility in Ludhiana.

1993 | Ludhiana, Punjab (India) | Active
Last Updated: December 21, 2024

Piyush Overseas Profile

Key Indicators

  • Authorised Capital ₹ 5.20 M
  • Paid Up Capital ₹ 3.52 M
  • Company Age 31 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 23.13 Cr
  • Satisfied Charges ₹ 17.23 Cr
  • Revenue Growth -35.78%
  • Profit Growth -91.14%
  • Ebitda -99.82%
  • Net Worth 0.65%
  • Total Assets -0.98%

About Piyush Overseas

Piyush Overseas Private Limited (POPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 June 1993 and has a history of 31 years and seven months. Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Fashion And Textile 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 5.20 M and a paid-up capital of Rs 3.52 M.

The company currently has active open charges totaling ₹23.13 Cr. The company has closed loans amounting to ₹17.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kamal Goyal and Manav Goyal serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909PB1993PTC013466

  • Company No.

    013466

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jun 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Fashion and Textile
Home & Lifestyle

Who are the key members and board of directors at Piyush Overseas?

Board Members (2)

Name Designation Appointment Date Status
Kamal Goyal Country flag representing In Director 28-Jun-1993 Current
Manav Goyal Country flag representing In Director 04-Mar-2008 Current

Financial Performance of Piyush Overseas.

Piyush Overseas Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 35.78% decrease. The company also saw a substantial fall in profitability, with a 91.14% decrease in profit. The company's net worth moved up by a moderate rise of 0.65%.

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
-35.78%
Revenue from Operations
-38.47%
Total Assets
-0.98%
Profit or Loss
-91.14%
Net Worth
0.65%
EBITDA
-99.82%

What is the Ownership and Shareholding Structure of Piyush Overseas?

In 2022, Piyush Overseas 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

₹231.31 M

Satisfied Charges

₹172.30 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 17.08 Cr
  • State Bank Of Patiala : 6.05 Cr

Latest Charge Details

Date Lender Amount Status
11 Feb 2009 Canara Bank ₹17.08 Cr Open
31 May 2005 State Bank Of Patiala ₹6.05 Cr Open
12 Aug 2010 Others ₹11.43 Cr Satisfied
31 May 2005 State Bank Of Patiala ₹5.80 Cr Satisfied

How Many Employees Work at Piyush Overseas?

Piyush Overseas has a workforce of 1 employees as of Apr 07, 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 Piyush Overseas, 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 Piyush Overseas'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 Piyush Overseas

Recent activity within the organization

  • Annual General Meeting

    Piyush Overseas Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Piyush Overseas Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge registered on 12 Aug 2010 via Charge ID 10235967 with Others was fully satisfied on 01 Jan 2021.

    01 Jan 2021

  • Charges

    A charge with Others of Rs. 114.30 M registered on 12 Aug 2010 with Charge ID 10235967 was modified on 11 Feb 2015.

    11 Feb 2015

  • Charges

    A charge with Canara Bank of Rs. 170.81 M registered on 11 Feb 2009 with Charge ID 10149170 was modified on 22 Jan 2013.

    22 Jan 2013

  • Charges

    A charge with Others amounted to Rs. 114.30 M with Charge ID 10235967 was registered on 12 Aug 2010.

    12 Aug 2010

Frequently asked questions

  • Piyush Overseas Private Limited was incorporated on 28 Jun 1993.

  • The authorized share capital of Piyush Overseas Private Limited is ₹ 5.20 M and paid-up capital is ₹ 3.52 M.

  • Currently 2 directors are associated with Piyush Overseas Private Limited.

    • Kamal Parkash Goyal
    • Manav Goyal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Piyush Overseas Private Limited is 171- Industrial Area-A Ludhiana India, Punjab, 141003.

  • The corporate identification number (CIN) of Piyush Overseas Private Limited is U51909PB1993PTC013466 and the company number is 013466 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Piyush Overseas Private Limited is https://www.piyushoverseas.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Piyush Overseas Private Limited has fallen by -35.78%.

  • As Per 2022 financial reports, 1 employees are currently employed by Piyush Overseas Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Piyush Overseas Private Limited has experienced an upsurge of 0.65%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Piyush Overseas Private Limited amount to ₹ 23.13 Cr.

  • The most recent Balance Sheet for Piyush Overseas Private Limited was filed with the ROC on 31 Mar 2024.

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