Providence Innovations Private Limited
About Providence Innovations Private Limited
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Providence Innovations Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 15 June 1955 and has been in existence for over 71 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U52100PB1955PTC001876. Its GSTIN is 03AABCP0908L1ZO (Punjab).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12 Lakh. It was formerly known as Pearl Mechanical Engg and Foundry Works Pvt Ltd. It is led by directors including Rajan and Ravi Karan Jaitwani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Providence Innovations Private Limited 427/2 Industrial Area – A, Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.15 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹3.39 Lakh (net margin 27.9%) and EBITDA of ₹4.58 Lakh (EBITDA margin 37.7%). Revenue has grown at a compounded annual rate (CAGR) of 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Providence Innovations has one previous CIN (Corporate Identification Number): U28939PB1955PTC001876. The current CIN is U52100PB1955PTC001876, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100PB1955PTC001876 | Current |
| U28939PB1955PTC001876 | Previous |
Contact details
Providence Innovations Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressProvidence Innovations Private Limited 427/2 Industrial Area – A, Ludhiana, Punjab, India – 141003
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Providence Innovations 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
Financials of Providence Innovations Private Limited
FY 2025 filings availableProvidence Innovations Private Limited reported revenue of ₹12.15 Lakh (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 4% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.58 Lakh | ||||
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| Net Profit (PAT) | ₹3.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 37.7% | ||||
| Net Profit Margin | 27.9% | ||||
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To see the full financial statements and ratios of Providence Innovations Private Limited, buy the company report.
Board of directors of Providence Innovations Private Limited
Providence Innovations has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajan | Director | 27 Jan 2012 | 14 Years 9 Months | Current |
| Ravi Karan Jaitwani Also directs: Hayan Ventures Private Limited | Director | 28 Sep 2017 | 9 Years 1 Months | Current |
| Radhika Jaitwani | Director | 18 Sep 1997 | 29 Years 1 Months | Current |
| Kunal Jaitwani Also directs: Hayan Ventures Private Limited | Director | 28 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Providence Innovations Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Excel Edge Enterprise Private Limited | ₹12.52 Lakh (FY 2021) | Mumbai, Maharashtra, India | ||||
| Osg Water-Tech India Private Limited | ₹12.5 Lakh (FY 2022) | 9.0% | Bangalore, Karnataka, India | |||
| Tranco Electricals Private Limited | ₹12.34 Lakh (FY 2025) | 1632.0% | Bokaro Steel, Jharkhand, India | |||
| Ants Smart Technologies Private Limited | ₹12.24 Lakh (FY 2025) | 214.0% | Vasai, Maharashtra, India | |||
| Incredible Engineering Private Limited | ₹12.21 Lakh (FY 2024) | Chennai, Tamil Nadu, India | ||||
| Providence Innovations Private Limitedthis company | ₹12.15 Lakh (FY 2025) | ₹3.39 Lakh | 27.9% | -2.0% | Ludhiana, Punjab, India | |
| J K Tyche Lights Private Limited | ₹12.15 Lakh (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Mineral Drop International Private Limited | ₹12.12 Lakh (FY 2023) | -63.0% | Nagpur, Maharashtra, India | |||
| Ellora Mechanical Products Pvt Ltd | ₹12.08 Lakh (FY 2024) | Uttar Pradesh, India | ||||
| Ghaziabad Concast Private Limited. | ₹12.06 Lakh (FY 2025) | -3.0% | Delhi, India | |||
| Nexigo Energy Private Limited | ₹12.06 Lakh (FY 2024) | 405.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Providence Innovations Private Limited, buy the company report.
Auditor
Providence Innovations Private Limited is audited by B. K. Nayar & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. K. Nayar & Co | FY 2022 | 004131N |
Shareholding
The shareholding of Providence Innovations 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 Providence Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Providence Innovations 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 Providence Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Providence Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCP0908L1ZO | Punjab | Active | 15 Dec 2023 |
To see the full GST registrations and return filing status of Providence Innovations Private Limited, buy the company report.
Recent activity
Providence Innovations Private Limited has 6 board changes on record since 1997: 4 appointments and 2 cessations. The latest: Kunal Jaitwani was appointed as Director on 28 Sep 2017.
Frequently asked questions
Providence Innovations is an active private limited company based in Ludhiana, Punjab, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 15 June 1955 (71+ years old) and is registered under CIN U52100PB1955PTC001876.
Providence Innovations has 4 current directors:
- Rajan - Director
- Ravi Karan Jaitwani - Director
- Radhika Jaitwani - Director
- Kunal Jaitwani - Director
The latest financial statements of Providence Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Providence Innovations is 03AABCP0908L1ZO, registered in Punjab.
The CIN (Corporate Identification Number) of Providence Innovations is U52100PB1955PTC001876. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Providence Innovations was incorporated on 15 June 1955, making it 71+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Providence Innovations by revenue are Excel Edge Enterprise Private Limited, Osg Water-Tech India Private Limited, Tranco Electricals Private Limited, Ants Smart Technologies Private Limited, Incredible Engineering Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Kunal Jaitwani was appointed as Director on 28 Sep 2017. Ravi Karan Jaitwani was appointed as Director on 28 Sep 2017. Jagdish Lal Behal ceased to be Director on 29 Nov 2015. Providence Innovations has 6 board changes on record in total.
The registered office of Providence Innovations is at Providence Innovations 4272 Industrial Area – A, Ludhiana, Punjab, India – 141003.
Providence Innovations operates in the consumer electronics and durables industry, in the electronics manufacturing segment.
The compliance status of Providence Innovations is compliant as of 03 September 2026. The company is actively filing with the Registrar of Companies.
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