Punjab Venture Capital Limited

Manages venture funds and provides financial and related services.

1998 | Chandigarh (India) | Active
Last Updated: December 08, 2024

Punjab Venture Capital Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 26 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth %
  • Profit Growth -191.98%
  • Ebitda -1705.33%
  • Net Worth -1.72%
  • Total Assets %

About Punjab Venture Capital

Punjab Venture Capital Limited (PVCL) is a Public Limited State Government Company incorporated in India on 04 December 1998 and has a history of 26 years and two months. Its registered office is in Chandigarh, India.

The Company is engaged in the Financial Services 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 5.00 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Niru Ahuja, Neeta Walia, Manjeet Singh, and One other member serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    punjabinfotech.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65999CH1998SGC022010

  • Company No.

    022010

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    04 Dec 1998

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services

Who are the key members and board of directors at Punjab Venture Capital?

Board Members (4)

NameDesignationAppointment DateStatus
Niru Ahuja Country flag representing In Nominee Director 18-Mar-2024Current
Neeta Walia Country flag representing In Nominee Director 01-Jan-2019Current
Manjeet Singh Country flag representing In Director 31-May-2019Current
Sanjay Verma Country flag representing In Nominee Director 18-Mar-2024Current

Financial Performance of Punjab Venture Capital.

Punjab Venture Capital Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 191.98% decrease in profit. The company's net worth dipped by a decrease of 1.72%.

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
Revenue from Operations
Total Assets
Profit or Loss
-191.98%
Net Worth
-1.72%
EBITDA
-1705.33%

What is the Ownership and Shareholding Structure of Punjab Venture Capital?

In 2023, Punjab Venture Capital had a promoter holding of 100.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Punjab Venture Capital?

Unlock and access historical data on people associated with Punjab Venture Capital, 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 Venture Capital, 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 Venture Capital'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 Venture Capital

Recent activity within the organization

  • Director Appointment

    Niru Ahuja was appointed as a Nominee Director was appointed as a Nominee Director on 18 Mar 2024 & has been associated with this company since 11 months 6 days .

    18 Mar 2024

  • Director Appointment

    Sanjay Verma was appointed as a Nominee Director was appointed as a Nominee Director on 18 Mar 2024 & has been associated with this company since 11 months 6 days .

    18 Mar 2024

  • Annual General Meeting

    Punjab Venture Capital Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Balance Sheet

    Punjab Venture Capital Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Director Appointment

    Manjeet Singh was appointed as a Director was appointed as a Director on 31 May 2019 & has been associated with this company since 5 years 8 months .

    31 May 2019

  • Director Appointment

    Neeta Walia was appointed as a Nominee Director was appointed as a Nominee Director on 01 Jan 2019 & has been associated with this company since 6 years 1 month .

    01 Jan 2019

Frequently asked questions

  • Punjab Venture Capital Limited was incorporated on 04 Dec 1998.

  • The authorized share capital of Punjab Venture Capital Limited is ₹ 5.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 4 directors are associated with Punjab Venture Capital Limited.

    • Niru Ahuja
    • Neeta Walia
    • Manjeet Singh
    • Sanjay Verma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Punjab Venture Capital Limited is Udyog Bhawan18 Himalaya Marg Sector 17 India, Chandigarh, 160017.

  • The corporate identification number (CIN) of Punjab Venture Capital Limited is U65999CH1998SGC022010 and the company number is 022010 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Punjab Venture Capital Limited is https://www.punjabinfotech.in

  • The financial reports for the fiscal year 2022 indicates that The net worth of Punjab Venture Capital Limited has experienced an downturn of -1.72%.

  • The most recent Balance Sheet for Punjab Venture Capital Limited was filed with the ROC on 31 Mar 2023.

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