Presstonic Engineering Limited

Manufactures rail sub-assemblies and other components for various industries.

2021 | Bangalore, Karnataka (India) | Active
Last Updated: May 15, 2024

Presstonic Engineering Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 7.71 Cr
  • Company Age 3 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 18.44 Cr
  • Revenue Growth 57.19%
  • Profit Growth 943.26%
  • Ebitda 130.91%
  • Net Worth 98.63%
  • Total Assets 8.82%

About Presstonic Engineering

Presstonic Engineering Limited (PEL) is a registered startup operating as a Public Limited Indian Non-Government Company incorporated in India on 23 March 2021 (Three years and ten months 10 days old ). Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Transportation And Logistics 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 8.00 Cr and a paid-up capital of Rs 7.71 Cr.

The company currently has active open charges totaling ₹18.44 Cr.

The Key Managerial Personnel (KMP) at Presstonic Engineering Limited India are Sudha Hegde as COMPANY SECRETARY and Yermal Rao as Cfo. Vidyalakshmi Rao, Kodipadi Murthy, Yermal Rao, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28995KA2021PLC145718

  • Company No.

    145718

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Mar 2021

  • Date of AGM

    17 May 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Transportation and Logistics

Who are the key members and board of directors at Presstonic Engineering?

Executive Team (3)

Name Designation Appointment Date Status
Sudha Hegde Company Secretary 12-Jul-2023 Current
Yermal Rao CFO 03-Jul-2023 Current
Herga Kedilaya Country flag representing In Managing Director 23-Mar-2021 Current

Board Members (4)

Name Designation Appointment Date Status
Vidyalakshmi Rao Country flag representing In Director 03-Jul-2023 Current
Kodipadi Murthy Country flag representing In Director 03-Jul-2023 Current
Jyotsna Belliappa Country flag representing In Director 03-Jul-2023 Current
Nagendra Rao Country flag representing In Director 03-Jul-2023 Current

Financial Performance of Presstonic Engineering.

Presstonic Engineering Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 57.19% increase. The company also saw a substantial improvement in profitability, with a 943.26% increase in profit. The company's net worth Soared by an impressive increase of 98.63%.

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
57.19%
Revenue from Operations
57.53%
Total Assets
8.82%
Profit or Loss
943.26%
Net Worth
98.63%
EBITDA
130.91%

What is the Ownership and Shareholding Structure of Presstonic Engineering?

Unlock access to Presstonic Engineering's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹18.44 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 18.44 Cr

Latest Charge Details

Date Lender Amount Status
24 Jun 2022 Canara Bank ₹18.44 Cr Open

How Many Employees Work at Presstonic Engineering?

Presstonic Engineering has a workforce of 38 employees as of Apr 08, 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 Presstonic Engineering, 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 Presstonic Engineering'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 Presstonic Engineering

Recent activity within the organization

  • Director Appointment

    Sudha Gajanana Hegde was appointed as a Company Secretary was appointed as a Company Secretary on 12 Jul 2023 & has been associated with this company since 1 year 6 months .

    12 Jul 2023

  • Director Appointment

    Vidyalakshmi Rao was appointed as a Director was appointed as a Director on 03 Jul 2023 & has been associated with this company since 1 year 7 months .

    03 Jul 2023

  • Director Appointment

    Kodipadi Yerkadithaya Supriya Murthy was appointed as a Director was appointed as a Director on 03 Jul 2023 & has been associated with this company since 1 year 7 months .

    03 Jul 2023

  • Director Appointment

    Yermal Giridhar Rao was appointed as a Cfo was appointed as a Cfo on 03 Jul 2023 & has been associated with this company since 1 year 7 months .

    03 Jul 2023

  • Director Appointment

    Yermal Giridhar Rao was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 03 Jul 2023 & has been associated with this company since 1 year 7 months .

    03 Jul 2023

  • Annual General Meeting

    Presstonic Engineering Limited last Annual general meeting of members was held on 17 May 2023 as per latest MCA records.

    17 May 2023

Frequently asked questions

  • Presstonic Engineering Limited was incorporated on 23 Mar 2021.

  • The authorized share capital of Presstonic Engineering Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.71 Cr.

  • Currently 8 directors are associated with Presstonic Engineering Limited.

    • Sudha Gajanana Hegde
    • Yermal Giridhar Rao
    • Vidyalakshmi Rao
    • Kodipadi Yerkadithaya Supriya Murthy
    • Yermal Giridhar Rao
    • Herga Poornachandra Kedilaya
    • Jyotsna Rajsekar Belliappa
    • Nagendra Dattathreya Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Presstonic Engineering Limited is C/O Presston Engineering Corpn 145, Sy No 2 Srigandhakavalu Pillappa Indus, Sunkadakatte, Karnataka, India, 560091.

  • The corporate identification number (CIN) of Presstonic Engineering Limited is U28995KA2021PLC145718 and the company number is 145718 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Presstonic Engineering Limited has risen by 57.19%.

  • As Per 2023 financial reports, 38 employees are currently employed by Presstonic Engineering Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Presstonic Engineering Limited has experienced an upsurge of 98.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Presstonic Engineering Limited amount to ₹ 18.44 Cr.

  • The most recent Balance Sheet for Presstonic Engineering Limited was filed with the ROC on 31 Mar 2023.