Presstonic Engineering Limited
Manufactures rail sub-assemblies and other components for various industries.
2021 | Bangalore, Karnataka (India) | Active
Presstonic Engineering Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 7.71 Cr
- Company Age 3 Year, 11 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 11 months 11 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  | Managing Director | 23-Mar-2021 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vidyalakshmi Rao | Director | 03-Jul-2023 | Current |
| Kodipadi Murthy | Director | 03-Jul-2023 | Current |
| Jyotsna Belliappa | Director | 03-Jul-2023 | Current |
| Nagendra Rao | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
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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.
Deals i
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
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 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 7 months .
- 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 8 months .
- 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 8 months .
- 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 8 months .
- 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 8 months .
- Annual General Meeting
Presstonic Engineering Limited last Annual general meeting of members was held on 17 May 2023 as per latest MCA records.
Frequently asked questions
What is the Incorporation or founding date of Presstonic Engineering Limited?
Presstonic Engineering Limited was incorporated on 23 Mar 2021.
What is authorized share capital and paid-up capital of Presstonic Engineering Limited?
The authorized share capital of Presstonic Engineering Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.71 Cr.
Who are the current board members & directors of Presstonic Engineering Limited?
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
What is the registered address of Presstonic Engineering Limited?
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.
What is the corporate identification number (CIN) and company number of Presstonic Engineering Limited?
The corporate identification number (CIN) of Presstonic Engineering Limited is U28995KA2021PLC145718 and the company number is 145718 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Presstonic Engineering Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Presstonic Engineering Limited has risen by 57.19%.
How many employees does Presstonic Engineering Limited currently have?
As Per 2023 financial reports, 38 employees are currently employed by Presstonic Engineering Limited.
What change has been observed in the net worth of Presstonic Engineering Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Presstonic Engineering Limited has experienced an upsurge of 98.63%.
What are the total open charges for Presstonic Engineering Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Presstonic Engineering Limited amount to ₹ 18.44 Cr.
When was the last Balance Sheet of Presstonic Engineering Limited filed with the ROC?
The most recent Balance Sheet for Presstonic Engineering Limited was filed with the ROC on 31 Mar 2023.