Pietro Shoes Private Limited
About Pietro Shoes Private Limited
Data last updated:
Pietro Shoes Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 12 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01911KA2005PTC036297. Its GSTIN is 29AADCP9661L2ZN (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10.35 Lakh. It is led by directors Massimo Carbonari and Nirmala Kanikaraj.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 207 2nd Flr Vandana Coral Apts 1st Cross 4th Mn New Anugraha Layout Bilekahali Post, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2023, the company reported a revenue of ₹16.76 Lakh, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹6.39 Lakh (net margin -38.1%) and EBITDA of -₹3.43 Lakh (EBITDA margin -20.5%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 8% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Pietro Shoes Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address207 2nd Flr Vandana Coral Apts 1st Cross 4th Mn New Anugraha Layout Bilekahali Post, Bangalore, Karnataka, India – 560076
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Pietro Shoes Private Limited, buy the company report.
- 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
Business activity
The main business activity of Pietro Shoes 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 Pietro Shoes Private Limited, buy the company report.
Financials of Pietro Shoes Private Limited
FY 2023 filings availablePietro Shoes Private Limited reported revenue of ₹16.76 Lakh (down 29% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 29% fall in the latest year. EBITDA fell 321% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹3.43 Lakh | ||||
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| Net Profit (PAT) | -₹6.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -20.5% | ||||
| Net Profit Margin | -38.1% | ||||
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To see the full financial statements and ratios of Pietro Shoes Private Limited, buy the company report.
Board of directors of Pietro Shoes Private Limited
Pietro Shoes has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Massimo Carbonari | Director | 14 May 2015 | 11 Years 5 Months | Current |
| Nirmala Kanikaraj | Director | 24 Feb 2015 | 11 Years 8 Months | Current |
Peer comparison
Pietro Shoes Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Footwear Retail and Distribution), with 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 |
|---|---|---|---|---|---|---|
| Eden Textiles Private Limited | ₹17.25 Lakh (FY 2025) | 46.0% | Varnasi, Uttar Pradesh, India | |||
| Incubator Ecom Private Limited | ₹16.94 Lakh (FY 2025) | 632.0% | New Delhi, Delhi, India | |||
| Pietro Shoes Private Limitedthis company | ₹16.76 Lakh (FY 2023) | -₹6.39 Lakh | -38.1% | -29.0% | Bangalore, Karnataka, India | |
| Eve Fabrics Pvt Ltd | ₹16.08 Lakh (FY 2025) | 108.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Pietro Shoes Private Limited, buy the company report.
Auditor
Pietro Shoes Private Limited is audited by Ishwar & Gopal for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ishwar & Gopal | FY 2017 | 001154S |
Shareholding
The shareholding of Pietro Shoes Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Pietro Shoes Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Pietro Shoes 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 Pietro Shoes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pietro Shoes has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCP9661L2ZN | Karnataka | Active | 13 Feb 2018 |
To see the full GST registrations and return filing status of Pietro Shoes Private Limited, buy the company report.
Recent activity
Pietro Shoes Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Nirmala Kanikaraj ceased to be Additional Director on 30 Sep 2015.
Frequently asked questions
Pietro Shoes is an active private limited company based in Bangalore, Karnataka, India. The company works in other wholesale, within the trading industry. It was incorporated on 12 May 2005 (21+ years old) and is registered under CIN U01911KA2005PTC036297.
Pietro Shoes has 2 current directors:
- Massimo Carbonari - Director
- Nirmala Kanikaraj - Director
The latest financial statements of Pietro Shoes on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Pietro Shoes is 29AADCP9661L2ZN, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Pietro Shoes is U01911KA2005PTC036297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pietro Shoes was incorporated on 12 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Pietro Shoes by revenue are Eden Textiles Private Limited, Incubator Ecom Private Limited, Eve Fabrics Pvt Ltd, all in the Consumer Products industry (Footwear Retail and Distribution), with the same principal business activity (wholesale trading).
Nirmala Kanikaraj ceased to be Additional Director on 30 Sep 2015. Massimo Carbonari was appointed as Director on 14 May 2015. Madhumita Mukherjee ceased to be Director on 18 Mar 2015. Pietro Shoes has 5 board changes on record in total.
The registered office of Pietro Shoes is at 207 2nd Flr Vandana Coral Apts 1st Cross 4th Mn New Anugraha Layout Bilekahali Post, Bangalore, Karnataka, India – 560076.
Pietro Shoes operates in the trading industry, in the other wholesale segment.
The compliance status of Pietro Shoes is compliant as of 30 July 2026. The company is actively filing with the Registrar of Companies.
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