Shitole Engineering Private Limited

Specializes in fabrication, piping, and equipment design for various industries.

2000 | Pune, Maharashtra (India) | Active
Last Updated: December 29, 2024

Shitole Engineering Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 24 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.13 Cr
  • Satisfied Charges ₹ 2.00 M
  • Revenue Growth -60.55%
  • Profit Growth -124.62%
  • Ebitda -103.20%
  • Net Worth -8.75%
  • Total Assets 2.63%

About Shitole Engineering

Shitole Engineering Private Limited (SEPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 December 2000 and has a history of 24 years and one month. Its registered office is in Pune, Maharashtra, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹4.13 Cr. The company has closed loans amounting to ₹2.00 M, as per Ministry of Corporate Affairs (MCA) records.

Ramrao Shitole, Sitabai Shitole, Omkar Shitole, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29299PN2000PTC015650

  • Company No.

    015650

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Dec 2000

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Engineering

Who are the key members and board of directors at Shitole Engineering?

Board Members (4)

Name Designation Appointment Date Status
Omkar Shitole Country flag representing In Director 26-Dec-2018 Current
Ramrao Shitole Country flag representing In Director 20-Dec-2000 Current
Sitabai Shitole Country flag representing In Director 20-Dec-2000 Current
Manasi Shitole Country flag representing In Director 26-Dec-2018 Current

Financial Performance of Shitole Engineering.

Shitole Engineering Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 60.55% decrease. The company also saw a substantial fall in profitability, with a 124.62% decrease in profit. The company's net worth dipped by a decrease of 8.75%.

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
-60.55%
Revenue from Operations
-71.16%
Total Assets
2.63%
Profit or Loss
-124.62%
Net Worth
-8.75%
EBITDA
-103.20%

What is the Ownership and Shareholding Structure of Shitole Engineering?

In 2021, Shitole Engineering 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

₹41.25 M

Satisfied Charges

₹2.00 M

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 2.13 Cr
  • Others : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
29 Sep 2018 Yes Bank Limited ₹2.13 Cr Open
01 Aug 2016 Others ₹2.00 Cr Open
20 Dec 2004 The Shree Suvama Sahakari Bank Ltd ₹2.00 M Satisfied

How Many Employees Work at Shitole Engineering?

Unlock and access historical data on people associated with Shitole Engineering, 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 Shitole 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 Shitole Engineering'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 Shitole Engineering

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Shitole Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Omkar Ramrao Shitole was appointed as a Director was appointed as a Director on 26 Dec 2018 & has been associated with this company since 6 years 1 month .

    26 Dec 2018

  • Director Appointment

    Manasi Omkar Shitole was appointed as a Director was appointed as a Director on 26 Dec 2018 & has been associated with this company since 6 years 1 month .

    26 Dec 2018

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 21.25 M with Charge ID 100217719 was registered on 29 Sep 2018.

    29 Sep 2018

  • Charges

    A charge with Others amounted to Rs. 20.00 M with Charge ID 100083981 was registered on 01 Aug 2016.

    01 Aug 2016

Frequently asked questions

  • Shitole Engineering Private Limited was incorporated on 20 Dec 2000.

  • The authorized share capital of Shitole Engineering Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 4 directors are associated with Shitole Engineering Private Limited.

    • Ramrao Manikrao Shitole
    • Sitabai Ramrao Shitole
    • Omkar Ramrao Shitole
    • Manasi Omkar Shitole
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shitole Engineering Private Limited is S No 99 Yashwant Apptsnear Magar Stadium Nagar Pimpri India, Pune, Maharashtra, 411018.

  • The corporate identification number (CIN) of Shitole Engineering Private Limited is U29299PN2000PTC015650 and the company number is 015650 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Shitole Engineering Private Limited has fallen by -60.55%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Shitole Engineering Private Limited has experienced an downturn of -8.75%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Shitole Engineering Private Limited amount to ₹ 4.13 Cr.

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