Startup India Government of India
Paicon Innovation Private Limited - business services in Aurangabad, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2019
₹39.02 Lakh
Latest filing
Net profit · FY 2019
₹52,761
Net margin 1.4%
EBITDA · FY 2019
₹78,629
EBITDA margin 2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Brands
1
Associated brands
About Paicon Innovation Private Limited
Data last updated:
Paicon Innovation Private Limited is a private limited company based in Aurangabad, Maharashtra, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the business services sector. It was incorporated on 27 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC301248.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gururaj Pralhadrao Naragund and Suman Lata.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Shop No.A – 3 Udyog Indrakamal Opp Mit College Beed Bypass, Aurangabad, Maharashtra, India – 431010.
As per the financials filed for FY 2019, the company reported a revenue of ₹39.02 Lakh. For the same year it recorded a net profit of ₹52,761 (net margin 1.4%) and EBITDA of ₹78,629 (EBITDA margin 2%).
The company is associated with 1 brand: Paicon Innovation.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paiconinnovation.com.
Company details
CIN U74999MH2017PTC301248
Registration Number 301248
Incorporation Date 27 October 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Paicon Innovation
Contact details
Paicon Innovation Private Limited's registered office is in Aurangabad, Maharashtra.
- Registered AddressShop No.A – 3 Udyog Indrakamal Opp Mit College Beed Bypass, Aurangabad, Maharashtra, India – 431010
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
Comprehensive company report
Paicon Innovation Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Paicon Innovation operates one associated brand: Paicon Innovation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies RO water purifiers and solar products. | paiconinnovation.com |
Business activity
The main business activity of Paicon Innovation is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Paicon Innovation Private Limited, buy the company report.
Financials of Paicon Innovation Private Limited
FY 2019 filings availablePaicon Innovation Private Limited reported revenue of ₹39.02 Lakh for FY 2019.
Revenue · FY 2019
₹39.02 Lakh
Net profit · FY 2019
₹52,761 margin 1.4%
EBITDA · FY 2019
₹78,629 margin 2%
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹78,629 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹52,761 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2% | |
| Net Profit Margin | 1.4% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Paicon Innovation Private Limited, buy the company report.
Board of directors of Paicon Innovation Private Limited
Paicon Innovation has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gururaj Pralhadrao Naragund Also directs: Paicon Engineers Private Limited | Director | 27 Oct 2017 | 9 Years 0 Months | Current |
| Suman Lata Also directs: Paicon Engineers Private Limited | Director | 18 Jan 2019 | 7 Years 9 Months | Current |
Peer comparison
Paicon Innovation Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Devashree Developers Private Limited | ₹39.05 Lakh (FY 2024) | 32.0% | New Delhi, Delhi, India | |||
| Powermech (India) Private Limited | ₹39.05 Lakh (FY 2025) | -60.0% | Ranchi, Jharkhand, India | |||
| Setway Impex Private Limited | ₹39.05 Lakh (FY 2024) | -78.0% | Saharanpur, Uttar Pradesh, India | |||
| DN Wellness Private Limited | ₹39.04 Lakh (FY 2025) | -47.0% | Faridabad, Haryana, India | |||
| JCD Chemicals Private Limited | ₹39.04 Lakh (FY 2024) | 16.0% | Meerut, Uttar Pradesh, India | |||
| Paicon Innovation Private Limitedthis company | ₹39.02 Lakh (FY 2019) | ₹52,761 | 1.4% | Aurangabad, Maharashtra, India | ||
| Krishna Radhe Marketing Private Limited | ₹39.02 Lakh (FY 2016) | 21.0% | Patna, Bihar, India | |||
| Hera & Hebe Private Limited | ₹39.02 Lakh (FY 2023) | Jaipur, Rajasthan, India | ||||
| Srivishnupriya Tejaarjun Real Estate Private Limited | ₹39.02 Lakh (FY 2022) | -56.0% | Jogulamba Gadwal, Telangana, India | |||
| Best Brand Products Company Pvt Ltd | ₹39.02 Lakh (FY 2018) | 65.0% | New Delhi, Delhi, India | |||
| Sonde Exim Private Limited | ₹39.02 Lakh (FY 2025) | 170.0% | Pune, Maharashtra, India |
To see the full peer comparison of Paicon Innovation Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Paicon Innovation Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Paicon Innovation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Paicon Innovation Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Paicon Innovation Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Tushar Sharad Patil ceased to be Director on 21 Jan 2019.
AGM
Paicon Innovation Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Paicon Innovation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai Ii.
Ceased
Tushar Sharad Patil ceased to be Director.
Appointed
Suman Lata was appointed as Director.
Appointed
Gururaj Pralhadrao Naragund was appointed as Director.
Incorporation
27 Oct 2017
Paicon Innovation Private Limited was registered on 27 Oct 2017 with Roc Mumbai Ii & aged 9 years 10 days as per MCA records.
Frequently asked questions
Paicon Innovation is an active private limited company based in Aurangabad, Maharashtra, India. The company works in other services, within the business services industry. It was incorporated on 27 October 2017 (9+ years old) and is registered under CIN U74999MH2017PTC301248.
Paicon Innovation has 2 current directors:
- Gururaj Pralhadrao Naragund - Director
- Suman Lata - Director
The latest financial statements of Paicon Innovation on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Paicon Innovation is U74999MH2017PTC301248. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paicon Innovation was incorporated on 27 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Paicon Innovation by revenue are Devashree Developers Private Limited, Powermech (India) Private Limited, Setway Impex Private Limited, DN Wellness Private Limited, JCD Chemicals Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Tushar Sharad Patil ceased to be Director on 21 Jan 2019. Suman Lata was appointed as Director on 18 Jan 2019. Gururaj Pralhadrao Naragund was appointed as Director on 27 Oct 2017.
Yes, Paicon Innovation is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Paicon Innovation can be reached through the website paiconinnovation.com. Its registered office is in Aurangabad, Maharashtra, India.
The registered office of Paicon Innovation is at Shop No.A – 3 Udyog Indrakamal Opp Mit College Beed Bypass, Aurangabad, Maharashtra, India – 431010.
Paicon Innovation operates in the business services industry, in the other services segment.
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