Press Gel Insulations Pvt Ltd

Manufactures electrical machinery and apparatus since 1981, based in Baroda, Gujarat.

1981 | Vadodara, Gujarat (India) | Active
Last Updated: November 16, 2024

Press Gel Insulations Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 43 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.10 Cr
  • Revenue Growth 10.39%
  • Profit Growth 338.28%
  • Ebitda 73.95%
  • Net Worth 3.11%
  • Total Assets -2.43%

About Press Gel Insulations

Press Gel Insulations Pvt Ltd (PGIPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 February 1981 and has a history of 43 years and 11 months. Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Press Gel Systems Private Limited. The Company is engaged in the Energy And Power 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company has closed loans amounting to ₹4.10 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Pratik Bipinbhai and Ramchandramurty Suryanarayanmurty serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pressgel.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25191GJ1981PTC004168

  • Company No.

    004168

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

What products or services does Press Gel Insulations Pvt Ltd offer?

Press Gel Insulations Pvt Ltd offers a wide range of products and services, including Cables & Wiring Components, Electrical Insulators, Epoxy Insulator, Insulation Material, Insulation Board, Electric Motors and Components, Motor Parts, Industrial Bushes, Epoxy Bushing, Bushings & Bushing Parts.

Who are the key members and board of directors at Press Gel Insulations?

Board Members (2)

Name Designation Appointment Date Status
Pratik Bipinbhai Country flag representing In Director 01-May-2001 Current
Ramchandramurty Suryanarayanmurty Country flag representing In Director 24-Feb-1981 Current

Financial Performance of Press Gel Insulations.

Press Gel Insulations Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 10.39% increase. The company also saw a substantial improvement in profitability, with a 338.28% increase in profit. The company's net worth moved up by a moderate rise of 3.11%.

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
10.39%
Revenue from Operations
8.80%
Total Assets
-2.43%
Profit or Loss
338.28%
Net Worth
3.11%
EBITDA
73.95%

What is the Ownership and Shareholding Structure of Press Gel Insulations?

In 2023, Press Gel Insulations 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

₹0

Satisfied Charges

₹41.00 M

Charges Breakdown by Lending Institutions

  • Bank Of India : 2.50 Cr
  • Hdfc Bank Limited : 1.60 Cr

Latest Charge Details

Date Lender Amount Status
23 Oct 2012 Hdfc Bank Limited ₹1.60 Cr Satisfied
17 Apr 2010 Bank Of India ₹1.05 Cr Satisfied
07 Mar 2006 Bank Of India ₹1.50 M Satisfied
22 Sep 1994 Bank Of India ₹1.05 Cr Satisfied
28 Aug 1981 Bank Of India ₹2.50 M Satisfied

How Many Employees Work at Press Gel Insulations?

Press Gel Insulations has a workforce of 15 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Press Gel Insulations, 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 Press Gel Insulations'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 Press Gel Insulations

Recent activity within the organization

  • Annual General Meeting

    Press Gel Insulations Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Press Gel Insulations Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 23 Oct 2012 via Charge ID 10384041 with Hdfc Bank Limited was fully satisfied on 03 Apr 2021.

    03 Apr 2021

  • Charges

    A charge with Hdfc Bank Limited of Rs. 16.00 M registered on 23 Oct 2012 with Charge ID 10384041 was modified on 10 Apr 2013.

    10 Apr 2013

  • Charges

    A charge registered on 17 Apr 2010 via Charge ID 10217535 with Bank Of India was fully satisfied on 23 Mar 2013.

    23 Mar 2013

  • Charges

    A charge registered on 07 Mar 2006 via Charge ID 80036310 with Bank Of India was fully satisfied on 23 Mar 2013.

    23 Mar 2013

Frequently asked questions

  • Press Gel Insulations Pvt Ltd was incorporated on 24 Feb 1981.

  • The authorized share capital of Press Gel Insulations Pvt Ltd is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Press Gel Insulations Pvt Ltd.

    • Pratik Shah Bipinbhai
    • Ramchandramurty Veluri Suryanarayanmurty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Press Gel Insulations Pvt Ltd is D-52 Sardar Ind Estateajwa Road India, Baroda, Gujarat, 390019.

  • The corporate identification number (CIN) of Press Gel Insulations Pvt Ltd is U25191GJ1981PTC004168 and the company number is 004168 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Press Gel Insulations Pvt Ltd is https://www.pressgel.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Press Gel Insulations Pvt Ltd has risen by 10.39%.

  • As Per 2023 financial reports, 15 employees are currently employed by Press Gel Insulations Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Press Gel Insulations Pvt Ltd has experienced an upsurge of 3.11%.

  • The most recent Balance Sheet for Press Gel Insulations Pvt Ltd was filed with the ROC on 31 Mar 2024.