About Paicon Innovation
Paicon Innovation was an Energy & Utilities company based in Aurangabad (India) founded in 2017. It manufactures and supplies RO water purifiers and solar products. It operates on a B2B model. Its Indian entity Paicon Innovation Private Limited reported revenue of ₹39 Lakh. The company is recorded as dissolved. Its focus areas include Manufacturing, Consumer Goods, Water and Energy Solutions and RO Purifiers and Solar Products. Its competitors include Lokozo and Pegasus Semiconductor; 2 of its 2 listed competitors have raised funding.
Company details
Paicon Innovation manufactures and supplies ro water purifiers and solar products, focusing on producing manufactured goods, producing consumer products, water and energy solutions, and ro purifiers and solar products. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Aurangabad, India
- SectorsEnergy & Utilities
- Website paiconinnovation.com
- Legal Name Paicon Innovation Private Limited
- Date of Incorporation 27 Oct, 2017
- Jurisdiction Aurangabad, Maharashtra, India
- Annual Revenue₹39 Lakh
FY 2019
- Net Profit₹52,761
FY 2019 · 1% margin
- EBITDA₹78,629
FY 2019 · 2% margin
Associated legal entities of Paicon Innovation
Paicon Innovation operates through Paicon Innovation Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Paicon Innovation Private Limited CIN U74999MH2017PTC301248 | Active | 27 Oct 2017 | Aurangabad, Maharashtra | ₹0.4 Cr | 2 | View details |
Board of directors of Paicon Innovation Private Limited (Paicon Innovation)
Paicon Innovation Private Limited is the primary company behind Paicon Innovation. The board of Paicon Innovation Private Limited currently have 2 directors; the longest-serving is Gururaj Pralhadrao Naragund, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gururaj Pralhadrao Naragund DIN 07922800 | Director | 27 Oct 2017 | 9 yrs | Paicon Innovation Private Limited |
| Suman Lata DIN 08336561 | Director | 18 Jan 2019 | 7 yrs 9 mo | Paicon Innovation Private Limited |
Financials of Paicon Innovation
Figures of Paicon Innovation Private Limited, the primary company behind Paicon Innovation, for FY 2019. Revenue was ₹39 Lakh. Net profit was ₹52,761 (1% margin). EBITDA was ₹78,629 (2% margin).
- ₹39 LakhRevenue · FY 2019
- ₹52,761Net profit · 1% margin
- ₹78,629EBITDA · 2% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Paicon Innovation Private Limited are on its company page.
Detailed financial statements for Paicon Innovation
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Competitors of Paicon Innovation
Paicon Innovation has 2 listed competitors in our database, 2 of them funded. They include Lokozo and Pegasus Semiconductor.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lokozo.com | 2013 | Bengaluru, India | $119,201 | 34 | LED lighting, solar products, and waste management systems are manufactured. | |
| pegasus-semiconductor.com | 2004 | Ahmedabad, India | $146,507 | Energy-efficient LED and solar lighting solutions are developed. |
Detailed competitors of Paicon Innovation
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Paicon Innovation (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Frequently Asked Questions about Paicon Innovation
Paicon Innovation was founded in 2017.
Paicon Innovation is headquartered in Aurangabad, India. It is registered at Aurangabad, Maharashtra, India.
The primary company behind Paicon Innovation, Paicon Innovation Private Limited, reported revenue of ₹39 Lakh for FY 2019.
Paicon Innovation manufactures and supplies ro water purifiers and solar products, focusing on producing manufactured goods, producing consumer products, water and energy solutions, and ro purifiers and solar products. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Paicon Innovation's top competitors include Lokozo and Pegasus Semiconductor.
Paicon Innovation operates through Paicon Innovation Private Limited.
The legal entities of Paicon Innovation currently have 2 directors, including Gururaj Pralhadrao Naragund, Suman Lata.