Punjab Bearing Industries Private Limited

Trades ball and roller bearings, incorporated in 1973 in Punjab.

1973 | Punjab, Punjab (India) | Active
Last Updated: November 16, 2024

Punjab Bearing Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 51 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.19 Cr
  • Revenue Growth 5.01%
  • Profit Growth -28.31%
  • Ebitda -181.72%
  • Net Worth 12.73%
  • Total Assets 7.89%

About Punjab Bearing Industries

Punjab Bearing Industries Private Limited (PBIPL) was founded in India on 29 May 1973 and has a glorious history of 51 years and eight months.Its registered office is in Punjab, Punjab.

The Company is engaged in the Engineering 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹1.19 Cr.

Sukhpreet Singh, Kanwaljit Kaur, Narinder Singh, and One other member serve as directors at the Company.

Company Details

  • Location Punjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29130PB1973PTC003279

  • Company No.

    003279

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 May 1973

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Engineering

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

Board Members (4)

Name Designation Appointment Date Status
Sukhpreet Singh Country flag representing In Director 20-Sep-2017 Current
Kanwaljit Kaur Country flag representing In Director 30-Sep-2022 Current
Narinder Singh Country flag representing In Director 10-Dec-2006 Current
Harkiran Kaur Country flag representing In Director 18-May-2023 Current

Financial Performance of Punjab Bearing Industries.

Punjab Bearing Industries Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.01% increase. The company also saw a substantial fall in profitability, with a 28.31% decrease in profit. The company's net worth Soared by an impressive increase of 12.73%.

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
5.01%
Revenue from Operations
Total Assets
7.89%
Profit or Loss
-28.31%
Net Worth
12.73%
EBITDA
-181.72%

What is the Ownership and Shareholding Structure of Punjab Bearing Industries?

In 2023, Punjab Bearing Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.19 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • New Bank Of India : 0.73 Cr
  • Punjab & Sind Bank : 0.46 Cr

Latest Charge Details

Date Lender Amount Status
24 Apr 2000 Punjab & Sind Bank ₹2.50 M Open
24 Mar 2000 Punjab & Sind Bank ₹0.57 M Open
10 Jan 2000 Punjab & Sind Bank ₹1.50 M Open
10 Mar 1989 New Bank Of India ₹1.00 M Open
28 Nov 1988 New Bank Of India ₹5.30 M Open

How Many Employees Work at Punjab Bearing Industries?

Punjab Bearing Industries has a workforce of 4 employees as of Apr 04, 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 Punjab Bearing 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 Punjab Bearing 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 Punjab Bearing Industries

Recent activity within the organization

  • Annual General Meeting

    Punjab Bearing Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Punjab Bearing Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Harkiran Kaur was appointed as a Director was appointed as a Director on 18 May 2023 & has been associated with this company since 1 year 8 months .

    18 May 2023

  • Director Appointment

    Kanwaljit Kaur was appointed as a Director was appointed as a Director on 30 Sep 2022 & has been associated with this company since 2 years 4 months .

    30 Sep 2022

  • Director Appointment

    Sukhpreet Singh was appointed as a Director was appointed as a Director on 20 Sep 2017 & has been associated with this company since 7 years 4 months .

    20 Sep 2017

  • Director Appointment

    Narinder Singh was appointed as a Director was appointed as a Director on 10 Dec 2006 & has been associated with this company since 18 years 2 months .

    10 Dec 2006

Frequently asked questions

  • Punjab Bearing Industries Private Limited was incorporated on 29 May 1973.

  • The authorized share capital of Punjab Bearing Industries Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 4 directors are associated with Punjab Bearing Industries Private Limited.

    • Sukhpreet Singh
    • Kanwaljit Kaur
    • Narinder Singh
    • Harkiran Kaur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Punjab Bearing Industries Private Limited is G T Roadopp Jagraon Bridge Ludhiana India, Punjab.

  • The corporate identification number (CIN) of Punjab Bearing Industries Private Limited is U29130PB1973PTC003279 and the company number is 003279 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Punjab Bearing Industries Private Limited has risen by 5.01%.

  • As Per 2023 financial reports, 4 employees are currently employed by Punjab Bearing Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Punjab Bearing Industries Private Limited has experienced an upsurge of 12.73%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Punjab Bearing Industries Private Limited amount to ₹ 1.19 Cr.

  • The most recent Balance Sheet for Punjab Bearing Industries Private Limited was filed with the ROC on 31 Mar 2024.

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