Puneet Industries Private Limited

Provides ship breaking services in Alang-Sosiya, Gujarat as part of Mahavir group since 2002.

2002 | Ahmedabad, Gujarat (India) | Active
Last Updated: June 17, 2024

Puneet Industries Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.85 Cr
  • Company Age 22 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,091.55 Cr
  • Satisfied Charges ₹ 135.50 Cr
  • Revenue Growth -69.56%
  • Profit Growth -36.09%
  • Ebitda -27.44%
  • Net Worth 5.97%
  • Total Assets -64.54%

About Puneet Industries

Puneet Industries Private Limited (PIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 September 2002 and has a history of 22 years and four months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Transport 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 4.00 Cr and a paid-up capital of Rs 3.85 Cr.

The company currently has active open charges totaling ₹1,091.55 Cr. The company has closed loans amounting to ₹135.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gulshan Bansal and Kishorechand Bansal serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29199GJ2002PTC041317

  • Company No.

    041317

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Sep 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Transport and Logistics

Who are the key members and board of directors at Puneet Industries?

Board Members (2)

NameDesignationAppointment DateStatus
Gulshan Bansal Country flag representing In Director 30-Mar-2004Current
Kishorechand Bansal Country flag representing In Director 30-Mar-2004Current

Financial Performance of Puneet Industries.

Puneet Industries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 69.56% decrease. The company also saw a substantial fall in profitability, with a 36.09% decrease in profit. The company's net worth moved up by a moderate rise of 5.97%.

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
-69.56%
Revenue from Operations
-69.56%
Total Assets
-64.54%
Profit or Loss
-36.09%
Net Worth
5.97%
EBITDA
-27.44%

What is the Ownership and Shareholding Structure of Puneet Industries?

In 2023, Puneet Industries had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,091.55 Cr

Satisfied Charges

₹135.50 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 1091.55 Cr

Latest Charge Details

DateLenderAmountStatus
10 Oct 2011Indian Overseas Bank₹361.50 CrOpen
10 Oct 2011Indian Overseas Bank₹361.50 CrOpen
13 Oct 2004Indian Overseas Bank₹361.50 CrOpen
13 Oct 2001Indian Overseas Bank₹7.05 CrOpen
03 Apr 2008Indian Overseas Bank₹135.50 CrSatisfied

How Many Employees Work at Puneet Industries?

Puneet Industries has a workforce of 55 employees as of Apr 09, 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 Puneet Industries, 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 Puneet Industries'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 Puneet Industries

Recent activity within the organization

  • Annual General Meeting

    Puneet Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Puneet Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Indian Overseas Bank of Rs. 361.50 Cr registered on 10 Oct 2011 with Charge ID 10320178 was modified on 24 Mar 2023.

    24 Mar 2023

  • Charges

    A charge with Indian Overseas Bank of Rs. 361.50 Cr registered on 13 Oct 2004 with Charge ID 90105433 was modified on 24 Mar 2023.

    24 Mar 2023

  • Charges

    A charge with Indian Overseas Bank of Rs. 361.50 Cr registered on 10 Oct 2011 with Charge ID 10320175 was modified on 10 Mar 2023.

    10 Mar 2023

  • Charges

    A charge registered on 03 Apr 2008 via Charge ID 10099088 with Indian Overseas Bank was fully satisfied on 12 Dec 2011.

    12 Dec 2011

Frequently asked questions

  • Puneet Industries Private Limited was incorporated on 23 Sep 2002.

  • The authorized share capital of Puneet Industries Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.85 Cr.

  • Currently 2 directors are associated with Puneet Industries Private Limited.

    • Gulshan Kishorechand Bansal
    • Kishorechand Kakaram Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Puneet Industries Private Limited is 702 Addor Aspire Near Jhanvi Restaurant Opposite Old Passport Office Panjrapole, Ahmedabad, Gujarat, India, 380015.

  • The corporate identification number (CIN) of Puneet Industries Private Limited is U29199GJ2002PTC041317 and the company number is 041317 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Puneet Industries Private Limited is https://www.mahavirgroup.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Puneet Industries Private Limited has fallen by -69.56%.

  • As Per 2023 financial reports, 55 employees are currently employed by Puneet Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Puneet Industries Private Limited has experienced an upsurge of 5.97%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Puneet Industries Private Limited amount to ₹ 1,091.55 Cr.

  • The most recent Balance Sheet for Puneet Industries Private Limited was filed with the ROC on 31 Mar 2023.