Porite India Profile
Key Indicators
- Authorised Capital ₹ 104.00 Cr
- Paid Up Capital ₹ 91.51 Cr
- Company Age 10 Year, 23 Days
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 9.00 Cr
- Revenue Growth 89.26%
- Profit Growth -24.16%
- Ebitda -17.54%
- Net Worth -35.30%
- Total Assets 6.56%
About Porite India
Porite India Private Limited (PIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 24 February 2015 and has a history of Ten years. Its registered office is in Pune, Maharashtra, India.
The Company is engaged in the Machinery And Equipment 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 104.00 Cr and a paid-up capital of Rs 91.51 Cr.
The company has closed loans amounting to ₹9.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Porite India Private Limited India is Dattatray Shelke as COMPANY SECRETARY. Masanori Kikuchi, Chiu Chu, Chang Chu, and Two other members serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28113PN2015FTC154122
- Company No.
154122
- Company Classification
Private Limited Foreign Company Incorporated In India
- Incorporation Date
24 Feb 2015
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Machinery and Equipment
What products or services does Porite India Private Limited offer?
Porite India Private Limited offers a wide range of products and services, including Casting, Moulding & Forging Machines, Molding Machines, Batteries & Charge Storage Devices, Industrial Batteries, Drills, Grinders, Saws & Power Tools, Power Tools.
Porite India Private Limited
Explore comprehensive data for Porite India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Porite India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satoru Sato  | Managing Director | 01-Apr-2023 | Current |
Dattatray Shelke  | Company Secretary | 01-Dec-2020 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Masanori Kikuchi | Director | 24-Feb-2015 | Current |
Chiu Chu  | Director | 24-Feb-2015 | Current |
| Chang Chu | Director | 24-Feb-2015 | Current |
| Sandeep Fatangare | Whole-Time Director | 23-Sep-2020 | Current |
Financial Performance of Porite India.
Porite India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 89.26% increase. The company also saw a substantial fall in profitability, with a 24.16% decrease in profit. The company's net worth observed a substantial decline by a decrease of 35.3%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Porite India?
In 2023, Porite India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹9.00 Cr
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 9.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Feb 2017 | Citi Bank N.A. | ₹9.00 Cr | Satisfied |
How Many Employees Work at Porite India?
Porite India has a workforce of 159 employees as of Apr 06, 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 Porite India, 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 Porite India'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.
Latest Updates, News, and FAQs on Porite India
Recent activity within the organization
- Annual General Meeting
Porite India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Director Appointment
Satoru Sato was appointed as a Managing Director was appointed as a Managing Director on 01 Apr 2023 & has been associated with this company since 1 year 11 months .
- Balance Sheet
Porite India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
- Director Appointment
Sandeep Marutirao Fatangare was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 23 Sep 2020 & has been associated with this company since 4 years 5 months .
- Charges
A charge registered on 02 Feb 2017 via Charge ID 100102556 with Citi Bank N.A. was fully satisfied on 05 Oct 2019.
- Charges
A charge with Citi Bank N.A. amounted to Rs. 9.00 Cr with Charge ID 100102556 was registered on 02 Feb 2017.
Frequently asked questions
What is the Incorporation or founding date of Porite India Private Limited?
Porite India Private Limited was incorporated on 24 Feb 2015.
What is authorized share capital and paid-up capital of Porite India Private Limited?
The authorized share capital of Porite India Private Limited is ₹ 104.00 Cr and paid-up capital is ₹ 91.51 Cr.
Who are the current board members & directors of Porite India Private Limited?
Currently 6 directors are associated with Porite India Private Limited.
- Masanori Kikuchi
- Chiu Lung Chu
- Chang Chern Chu
- Sandeep Marutirao Fatangare
- Satoru Sato
- Dattatray Mamta Shelke
What is the registered address of Porite India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Porite India Private Limited is Plot No. A-1/2/1 Phase Ii Chakan Industrial Area Midc, Tal Khed India, Pune, Maharashtra, 410501.
What is the corporate identification number (CIN) and company number of Porite India Private Limited?
The corporate identification number (CIN) of Porite India Private Limited is U28113PN2015FTC154122 and the company number is 154122 as per Ministry of Corporate Affairs (MCA).
What is the official website of Porite India Private Limited?
The Official website of Porite India Private Limited is https://www.porite.co.in
What has been the recent revenue trend for Porite India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Porite India Private Limited has risen by 89.26%.
How many employees does Porite India Private Limited currently have?
As Per 2023 financial reports, 159 employees are currently employed by Porite India Private Limited.
What change has been observed in the net worth of Porite India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Porite India Private Limited has experienced an downturn of -35.30%.
When was the last Balance Sheet of Porite India Private Limited filed with the ROC?
The most recent Balance Sheet for Porite India Private Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Parag RathiDirector
Anurag SharmaDirector