Punjab Information And Communication Technology Corporation Limited

Offers real estate, computer training, and information services.

1976 | Chandigarh (India) | Active
Last Updated: December 23, 2024

Punjab Information And Communication Technology Corporation Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 19.23 Cr
  • Company Age 48 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 133.00 Cr
  • Revenue Growth -3.54%
  • Profit Growth -94.59%
  • Ebitda 1.86%
  • Net Worth -7.23%
  • Total Assets 1.34%

About Punjab Information And Communication Technology Corporation

Punjab Information And Communication Technology Corporation Limited (PIACTCL) is a leading Private Limited State Government Company incorporated in India on 27 March 1976 and has a history of 48 years and ten months. Its registered office is in Chandigarh, India.

The Corporate was formerly known as Punjab State Electronics Development And Production Corporation Limited. The Company is engaged in the Education 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 25.00 Cr and a paid-up capital of Rs 19.23 Cr.

The company has closed loans amounting to ₹133.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Punjab Information And Communication Technology Corporation Limited India are Sandeep Kumar as CFO and Dimple Bansal as Company Secretary. Mohinder Pal, Dp Kharbanda, Pardeep Singh, and Five other members serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17219CH1976SGC003642

  • Company No.

    003642

  • Company Classification

    Private Limited State Government Company

  • Incorporation Date

    27 Mar 1976

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Education
Real Estate and Construction

Who are the key members and board of directors at Punjab Information And Communication Technology Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Mohinder Pal Country flag representing In Managing Director11-Jul-2022Current
Sandeep Kumar CFO01-Jan-2019Current
Dimple Bansal Company Secretary18-Sep-2018Current

Board Members (7)

NameDesignationAppointment DateStatus
Dp Kharbanda Country flag representing In Director 16-Oct-2023Current
Pardeep Singh Country flag representing In Director 11-Mar-2024Current
Onkar Singh Director 11-Mar-2024Current
Satwarg Gill Country flag representing In Director 11-Mar-2024Current
Prabhbir Brar Director 11-Mar-2024Current
Tejveer Singh Country flag representing In Director 31-Aug-2023Current

Financial Performance of Punjab Information And Communication Technology Corporation.

Punjab Information And Communication Technology Corporation Limited, for the financial year ended 2018, experienced Minor drop in revenue, with a 3.54% decrease. The company also saw a substantial fall in profitability, with a 94.59% decrease in profit. The company's net worth dipped by a decrease of 7.23%.

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
-3.54%
Revenue from Operations
Total Assets
1.34%
Profit or Loss
-94.59%
Net Worth
-7.23%
EBITDA
1.86%

What is the Ownership and Shareholding Structure of Punjab Information And Communication Technology Corporation?

In 2019, Punjab Information And Communication Technology Corporation had a promoter holding of 100.00%. The company had 2 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹133.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Patiala : 133.00 Cr

Latest Charge Details

DateLenderAmountStatus
04 Oct 2010State Bank Of Patiala₹133.00 CrSatisfied

How Many Employees Work at Punjab Information And Communication Technology Corporation?

Unlock and access historical data on people associated with Punjab Information And Communication Technology Corporation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Punjab Information And Communication Technology Corporation, 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 Information And Communication Technology Corporation'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 Information And Communication Technology Corporation

Recent activity within the organization

  • Annual General Meeting

    Punjab Information And Communication Technology Corporation Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Punjab Information And Communication Technology Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Pardeep Singh was appointed as a Director was appointed as a Director on 11 Mar 2024 & has been associated with this company since 10 months 21 days .

    11 Mar 2024

  • Director Appointment

    Onkar Singh was appointed as a Director was appointed as a Director on 11 Mar 2024 & has been associated with this company since 10 months 21 days .

    11 Mar 2024

  • Director Appointment

    Satwarg Singh Gill was appointed as a Director was appointed as a Director on 11 Mar 2024 & has been associated with this company since 10 months 21 days .

    11 Mar 2024

  • Director Appointment

    Prabhbir Singh Brar was appointed as a Director was appointed as a Director on 11 Mar 2024 & has been associated with this company since 10 months 21 days .

    11 Mar 2024

Frequently asked questions

  • Punjab Information And Communication Technology Corporation Limited was incorporated on 27 Mar 1976.

  • The authorized share capital of Punjab Information And Communication Technology Corporation Limited is ₹ 25.00 Cr and paid-up capital is ₹ 19.23 Cr.

  • Currently 10 directors are associated with Punjab Information And Communication Technology Corporation Limited.

    • Mohinder Pal
    • Dp Singh Kharbanda
    • Pardeep Singh
    • Onkar Singh
    • Satwarg Singh Gill
    • Prabhbir Singh Brar
    • Sandeep Kumar
    • Dimple Bansal
    • Tejveer Singh
    • Guninderjit Singh Jawandha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Punjab Information And Communication Technology Corporation Limited is 18 Himalaya Marg Udyogbhawan Sector 17 India, U T, Chandigarh, 160017.

  • The corporate identification number (CIN) of Punjab Information And Communication Technology Corporation Limited is U17219CH1976SGC003642 and the company number is 003642 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Punjab Information And Communication Technology Corporation Limited is https://www.punjabinfotech.in

  • According to the financial reports for the fiscal year 2018, the revenue trend for Punjab Information And Communication Technology Corporation Limited has fallen by -3.54%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Punjab Information And Communication Technology Corporation Limited has experienced an downturn of -7.23%.

  • The most recent Balance Sheet for Punjab Information And Communication Technology Corporation Limited was filed with the ROC on 31 Mar 2024.

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