Preet Tractors Private Limited

This company manufactures and sells agricultural tractors ranging from 35 to 90 HP.

2001 | Patiala, Punjab (India) | Active
Last Updated: January 10, 2025

Preet Tractors Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.24 Cr
  • Company Age 24 Year, 21 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 157.53 Cr
  • Revenue Growth 13.24%
  • Profit Growth 36.74%
  • Ebitda 19.87%
  • Net Worth 32.51%
  • Total Assets 20.00%

About Preet Tractors

Preet Tractors Private Limited (PTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 January 2001 and has a history of 24 years. Its registered office is in Patiala, Punjab, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.24 Cr.

The company currently has active open charges totaling ₹157.53 Cr.

Prem Singh, Gurpreet Singh, Hari Singh, and Three other members serve as directors at the Company.

Company Details

  • Location

    Patiala, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    preet.co

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29211PB2001PTC024193

  • Company No.

    024193

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Jan 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Machinery and Equipment

What products or services does Preet Tractors Private Limited offer?

Preet Tractors Private Limited offers a wide range of products and services, including Tractor, Tractor Parts & Assemblies, Harvester, Combine Harvester, Tractor, Preet Tractor, Preet Combine Harvester, John Deere Tractor, Rotavator, Preet Rotavator.

Who are the key members and board of directors at Preet Tractors?

Board Members (6)

NameDesignationAppointment DateStatus
Prem Singh Country flag representing In Director 31-Jan-2001Current
Gurpreet Singh Country flag representing In Director 15-Jul-2005Current
Hari Singh Country flag representing In Director 31-Jan-2001Current
Sarabjit Singh Country flag representing In Director 15-Dec-2006Current
Gurcharn Singh Country flag representing In Director 31-Jan-2001Current
Sukhwinder Singh Country flag representing In Director 15-Sep-2016Current

Financial Performance of Preet Tractors.

Preet Tractors Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 13.24% increase. The company also saw a substantial improvement in profitability, with a 36.74% increase in profit. The company's net worth Soared by an impressive increase of 32.51%.

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
13.24%
Revenue from Operations
13.09%
Total Assets
20.00%
Profit or Loss
36.74%
Net Worth
32.51%
EBITDA
19.87%

What is the Ownership and Shareholding Structure of Preet Tractors?

In 2022, Preet Tractors 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

₹157.53 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 126.98 Cr
  • State Bank Of India : 15.00 Cr
  • Others : 8.40 Cr
  • Tata Capital Financial Services Limited : 7.15 Cr

Latest Charge Details

DateLenderAmountStatus
03 Jan 2024State Bank Of India₹15.00 CrOpen
13 Dec 2022Tata Capital Financial Services Limited₹7.15 CrOpen
12 Mar 2021Canara Bank₹1.10 CrOpen
07 May 2020Canara Bank₹1.45 CrOpen
28 Jan 2020Canara Bank₹2.09 MOpen

How Many Employees Work at Preet Tractors?

Preet Tractors has a workforce of 374 employees as of Mar 27, 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 Preet Tractors, 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 Preet Tractors'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 Preet Tractors

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Canara Bank of Rs. 59.00 Cr registered on 10 Jul 2003 with Charge ID 90171296 was modified on 30 Jan 2024.

    30 Jan 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 15.00 Cr with Charge ID 100871992 was registered on 03 Jan 2024.

    03 Jan 2024

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 7.15 Cr with Charge ID 100670331 was registered on 13 Dec 2022.

    13 Dec 2022

  • Charges

    A charge with Canara Bank amounted to Rs. 1.10 Cr with Charge ID 100433088 was registered on 12 Mar 2021.

    12 Mar 2021

Frequently asked questions

  • Preet Tractors Private Limited was incorporated on 31 Jan 2001.

  • The authorized share capital of Preet Tractors Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.24 Cr.

  • Currently 6 directors are associated with Preet Tractors Private Limited.

    • Prem Singh
    • Gurpreet Singh
    • Hari Singh
    • Sarabjit Singh
    • Gurcharn Singh
    • Sukhwinder Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Preet Tractors Private Limited is Patiala Roadnabha Distt India, Punjab, 147201.

  • The corporate identification number (CIN) of Preet Tractors Private Limited is U29211PB2001PTC024193 and the company number is 024193 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Preet Tractors Private Limited is https://www.preet.co

  • According to the financial reports for the fiscal year 2022, the revenue trend for Preet Tractors Private Limited has risen by 13.24%.

  • As Per 2022 financial reports, 374 employees are currently employed by Preet Tractors Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Preet Tractors Private Limited has experienced an upsurge of 32.51%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Preet Tractors Private Limited amount to ₹ 157.53 Cr.

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

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