Pressels Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.84 M
- Company Age 57 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.25 Cr
- Satisfied Charges ₹ 20.68 Cr
- Revenue Growth 133.98%
- Profit Growth -24.19%
- Ebitda 322.31%
- Net Worth 7.01%
- Total Assets 1.28%
About Pressels
Pressels Pvt Ltd (PPL) was founded in India on 19 September 1967 and has a glorious history of 57 years and seven months.Its registered office is in Cuttack, Odisha, 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 5.00 M and a paid-up capital of Rs 4.84 M.
The company currently has active open charges totaling ₹1.25 Cr. The company has closed loans amounting to ₹20.68 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sukant Mullick and Shreepragnya Swain serve as directors at the Company.
Company Details
- Location
Cuttack, Odisha, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51909OR1967PTC000505
- Company No.
000505
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Sep 1967
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Cuttack
Industry
Machinery and Equipment
Pressels Pvt Ltd
Explore comprehensive data for Pressels Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Pressels?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sukant Mullick  | Director | 25-Dec-1989 | Current |
| Shreepragnya Swain | Director | 20-Apr-2023 | Current |
Financial Performance of Pressels.
Pressels Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 133.98% increase. The company also saw a substantial fall in profitability, with a 24.19% decrease in profit. The company's net worth moved up by a moderate rise of 7.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Pressels?
In 2023, Pressels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Odisha Small Industries Corporation LimitedSukant Mullick is a mutual person
- Cifoods Ltd
Sukant Mullick and Shreepragnya Swain are mutual person
Charges (Loans)
Open Charges
₹12.50 M
Satisfied Charges
₹206.81 M
Charges Breakdown by Lending Institutions
- Others : 1.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Dec 2023 | Others | ₹1.25 Cr | Open |
| 26 Aug 2002 | State Bank Of India | ₹8.21 Cr | Satisfied |
| 24 Aug 2002 | Statebank Of India | ₹1.50 M | Satisfied |
| 28 Dec 1997 | Statebank Of India | ₹4.12 Cr | Satisfied |
| 23 Oct 1997 | Statebank Of India | ₹1.02 Cr | Satisfied |
How Many Employees Work at Pressels?
Pressels has a workforce of 15 employees as of Apr 05, 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 Pressels, 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 Pressels'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 Pressels
Recent activity within the organization
- Annual General Meeting
Pressels Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Pressels Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
- Charges
A charge with Others amounted to Rs. 12.50 M with Charge ID 100834140 was registered on 01 Dec 2023.
- Director Appointment
Shreepragnya Swain was appointed as a Director was appointed as a Director on 20 Apr 2023 & has been associated with this company since 2 years 23 days .
- Charges
A charge registered on 24 Aug 2002 via Charge ID 90081140 with Statebank Of India was fully satisfied on 22 Aug 2019.
- Charges
A charge registered on 23 Oct 1997 via Charge ID 90079450 with Statebank Of India was fully satisfied on 22 Aug 2019.
Frequently asked questions
What is the Incorporation or founding date of Pressels Pvt Ltd?
Pressels Pvt Ltd was incorporated on 19 Sep 1967.
What is authorized share capital and paid-up capital of Pressels Pvt Ltd?
The authorized share capital of Pressels Pvt Ltd is ₹ 5.00 M and paid-up capital is ₹ 4.84 M.
Who are the current board members & directors of Pressels Pvt Ltd?
Currently 2 directors are associated with Pressels Pvt Ltd.
- Sukant Kumar Mullick
- Shreepragnya Swain
What is the registered address of Pressels Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Pressels Pvt Ltd is Madhupatna India, Cuttack, Orissa, 753010.
What is the corporate identification number (CIN) and company number of Pressels Pvt Ltd?
The corporate identification number (CIN) of Pressels Pvt Ltd is U51909OR1967PTC000505 and the company number is 000505 as per Ministry of Corporate Affairs (MCA).
What is the official website of Pressels Pvt Ltd?
The Official website of Pressels Pvt Ltd is https://www.presselsboiler.com
What has been the recent revenue trend for Pressels Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Pressels Pvt Ltd has risen by 133.98%.
How many employees does Pressels Pvt Ltd currently have?
As Per 2023 financial reports, 15 employees are currently employed by Pressels Pvt Ltd.
What change has been observed in the net worth of Pressels Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Pressels Pvt Ltd has experienced an upsurge of 7.01%.
What are the total open charges for Pressels Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Pressels Pvt Ltd amount to ₹ 1.25 Cr.
When was the last Balance Sheet of Pressels Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Pressels Pvt Ltd was filed with the ROC on 31 Mar 2024.
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