Pit Lane Retail Private Limited

Pit Lane Retail Private Limited - telecommunication in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U74990MH2010PTC199255 Incorporated 23 January 2010 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company telecommunication
Data last updated
Revenue · FY 2016
₹77,597
▼ 66% YoY
Net loss · FY 2016
₹13,961
Net margin -18%
EBITDA · FY 2016
-₹13,961
EBITDA margin -18%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Pit Lane Retail Private Limited

Data last updated:

Pit Lane Retail Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the satellite segment of the telecommunications sector. It was incorporated on 23 January 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2010PTC199255. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Redline Apparel India Private Limited and Reline Motorsports Private Limited. It is led by directors Aditya Praveen Bhagwat and Akshay Sharma Geigy.

Its last annual general meeting (AGM) was held on 29 August 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 2 Vishwashanti Apts Opp Nana Nani Park Seven Bungalows Andheri (West), Mumbai, Maharashtra, India – 400061.

As per the financials filed for FY 2016, the company reported a revenue of ₹77,597, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹13,961 (net margin -18%) and EBITDA of -₹13,961 (EBITDA margin -18%).

The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company details

CIN U74990MH2010PTC199255
Registration Number 199255
Incorporation Date 23 January 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 August 2016
Date of Balance Sheet 31 March 2016
Compliance Status Active Non-Compliant

Name history

Pit Lane Retail has undergone 6 name changes throughout its history. The current legal name is Pit Lane Retail Private Limited.

Company NameStatus
Pit Lane Retail Private LimitedCurrent
Redline Apparel India Private LimitedPrevious
Reline Motorsports Private LimitedPrevious
Redline Retail India Private LimitedPrevious
Cherry Mobile Solutions Private LimitedPrevious
Redline Apparel Private LimitedPrevious
Redline Motorsports Private LimitedPrevious

Contact details

Pit Lane Retail Private Limited's registered office is in Mumbai, Maharashtra.

  • Registered Address
    2 Vishwashanti Apts Opp Nana Nani Park Seven Bungalows Andheri (West), Mumbai, Maharashtra, India – 400061
  • Industry
    Telecommunication, Satellite, Wireless, Telecommunications, Wired
Comprehensive company report
Pit Lane Retail Private Limited - one report that includes everything
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  • 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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Financials of Pit Lane Retail Private Limited

FY 2016 filings available

Pit Lane Retail Private Limited reported revenue of ₹77,597 (down 66% YoY) for FY 2016.

Revenue · FY 2016
₹77,597 ▼ 66%
Net loss · FY 2016
₹13,961 margin -18%
EBITDA · FY 2016
-₹13,961 margin -18%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 66%
EBITDA CAGR growth
1 year
▲ 90%

Revenue fell 66% in the latest year. EBITDA rose 90% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
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-₹13,961
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹13,961
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

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin-18%
Net Profit Margin-18%
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 Pit Lane Retail Private Limited, buy the company report.

Board of directors of Pit Lane Retail Private Limited

Pit Lane Retail has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Aditya Praveen BhagwatDirector31 Jan 20179 Years 8 MonthsCurrent
Akshay Sharma GeigyDirector23 Jan 201016 Years 9 MonthsCurrent

MSME payment delays

No delayed payments to MSME suppliers are on our record for Pit Lane Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Pit Lane Retail has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Pit Lane Retail Private Limited, buy the company report.

Recent activity

Pit Lane Retail Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Aditya Praveen Bhagwat was appointed as Director on 31 Jan 2017.

Appointed
Aditya Praveen Bhagwat was appointed as Director.
Ceased
Pawan Vinaykumar Shourie ceased to be Director.
AGM
Pit Lane Retail Private Limited last Annual general meeting of members was held on 29 Aug 2016 as per latest MCA records.
Filing
Pit Lane Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai I.
Appointed
Akshay Sharma Geigy was appointed as Director.
Incorporation
23 Jan 2010
Pit Lane Retail Private Limited was registered on 23 Jan 2010 with Roc Mumbai I & aged 16 years 9 months as per MCA records.

Frequently asked questions

Pit Lane Retail is an active private limited company based in Mumbai, Maharashtra, India. The company works in satellite, within the telecommunication industry. It was incorporated on 23 January 2010 (16+ years old) and is registered under CIN U74990MH2010PTC199255.

Pit Lane Retail has 2 current directors:

The latest financial statements of Pit Lane Retail on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 29 August 2016. Year-wise statements from 2015 are in the company report.

No. Pit Lane Retail has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Pit Lane Retail is U74990MH2010PTC199255. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Pit Lane Retail was incorporated on 23 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.

Aditya Praveen Bhagwat was appointed as Director on 31 Jan 2017. Pawan Vinaykumar Shourie ceased to be Director on 31 Jan 2017. Akshay Sharma Geigy was appointed as Director on 23 Jan 2010.

The registered office of Pit Lane Retail is at 2 Vishwashanti Apts Opp Nana Nani Park Seven Bungalows Andheri West, Mumbai, Maharashtra, India – 400061.

Pit Lane Retail operates in the telecommunication industry, in the satellite segment.

The compliance status of Pit Lane Retail is active non-compliant as of 09 July 2026. The company is actively filing with the Registrar of Companies.