Pressels Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.84 M
- Company Age 57 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- 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 five months.Its registered office is in Cuttack, Orissa, 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 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, Orissa, 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 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Cuttack
Industry
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 LtdSukant Mullick and Shreepragnya Swain are mutual person
Charges (Loans)
₹12.50 M
₹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.
