About Pinnacle Engines India Private Limited
Data last updated:
Pinnacle Engines India Private Limited was a foreign private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Pinnacle Engines Inc. Usa. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 28 February 2011.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U29242PN2011FTC138681. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.32 Lakh. It was led by directors including Ravindra Purushottam Mahajan and Bijitendu Sarma Sarker.
Its last annual general meeting (AGM) was held on 15 June 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Pune, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.44 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹26.97 Lakh (net margin -319.5%) and EBITDA of -₹26.97 Lakh (EBITDA margin -319.5%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years and 50% over five years.
The company was associated with 1 brand: Pinnacle Engines. Court records list 1 case involving the company, including 1 filed by the company. The company has 1 deal on record (1 acquisition); the latest was in February 2014. The company has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier.
The last known website on record is pinnacle-engines.com.
Company details
Contact details
Pinnacle Engines India Private Limited's registered office is in Pune, Maharashtra. Its website is pinnacle-engines.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHd – 024 Wework Futura Sr No 133(P) Cts No 4944 Magarpatta Road Kirtane Baugh Magarpatt, A Hadapsar, Pune, Maharashtra, India – 411028
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Pinnacle Engines India 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
Brands
Pinnacle Engines India operates one associated brand: Pinnacle Engines. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Designer and developer of automotive internal combustion engine systems. | pinnacle-engines.com |
Financials of Pinnacle Engines India Private Limited
FY 2023 filings availablePinnacle Engines India Private Limited reported revenue of ₹8.44 Lakh (down 93% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 50% over five years, including a 93% fall in the latest year. EBITDA rose 87% 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 | -₹26.97 Lakh | ||||
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| Net Profit (PAT) | -₹26.97 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -319.5% | ||||
| Net Profit Margin | -319.5% | ||||
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To see the full financial statements and ratios of Pinnacle Engines India Private Limited, buy the company report.
Board of directors of Pinnacle Engines India Private Limited
Pinnacle Engines India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindra Purushottam Mahajan | Director | 02 Dec 2019 | 6 Years 11 Months | As last reported |
| Bijitendu Sarma Sarker | Director | 01 Apr 2011 | 15 Years 7 Months | As last reported |
| Vinod Sunder Raman Also directs: Megha M Vinod & Co. LLP | Irp/Rp/Liquidator | 28 Jun 2023 | 3 Years 4 Months | As last reported |
Auditor
Pinnacle Engines India Private Limited is audited by SINGHVI DEV & UNNI LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGHVI DEV & UNNI LLP | FY 2022 | 003867S/S200358 |
Shareholding
The shareholding of Pinnacle Engines India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pinnacle Engines India Private Limited, buy the company report.
Deals & funding
Pinnacle Engines India Private Limited has 1 deal on record (1 acquisition); the latest was in February 2014.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2014 | Acquisition | ₹11.96 Cr | Buyer: VenturEast |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pinnacle Engines India Private Limited has 1 court case on record: 1 filed by Pinnacle Engines India. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed by the company | Disposed |
To see the full case history of Pinnacle Engines India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Pinnacle Engines India Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| KPK Faserv India Private Limited |
To see the full MSME payment records of Pinnacle Engines India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Pinnacle Engines India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Pinnacle Engines India Private Limited, buy the company report.
Recent activity
Pinnacle Engines India Private Limited has 10 board changes on record since 2011: 3 appointments and 7 cessations. The latest: Vinod Sunder Raman was appointed as Irp/Rp/Liquidator on 28 Jun 2023.
1 earlier event is in the company report.
News
Frequently asked questions
Pinnacle Engines India has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Pinnacle Engines India was a foreign private limited company based in Pune, Maharashtra, India. The company worked in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 28 February 2011 and is registered under CIN U29242PN2011FTC138681. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Pinnacle Engines India was incorporated on 28 February 2011. It is registered with the Registrar of Companies, Pune.
Pinnacle Engines India had 3 directors:
- Ravindra Purushottam Mahajan - Director
- Bijitendu Sarma Sarker - Director
- Vinod Sunder Raman - Irp/Rp/Liquidator
The CIN (Corporate Identification Number) of Pinnacle Engines India is U29242PN2011FTC138681. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Pinnacle Engines India is at Hd – 024 Wework Futura Sr No 133P Cts No 4944 Magarpatta Road Kirtane Baugh Magarpatt, A Hadapsar, Pune, Maharashtra, India – 411028.
Pinnacle Engines India can be reached through the website pinnacle-engines.com. Its registered office is in Pune, Maharashtra, India.
The latest financial statements of Pinnacle Engines India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 15 June 2023. Year-wise statements from 2015 are in the company report.
No. Pinnacle Engines India has 1 GST registration on record and it is cancelled or inactive.
Pinnacle Engines India operated in the machinery and equipment industry, in the industrial machinery manufacturing segment.
Pinnacle Engines India has 1 deal on record (1 acquisition); the latest was in February 2014.
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