- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0009853

About Pasolite Electricals Private Limited
Data last updated:
Pasolite Electricals Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 31 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31409KA2008PTC045849. Its GSTIN is 29AAECP6130H1ZE (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Ganpat Raj Jain (Managing Director) and Dilkush Devi.
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 No.8 Ground Floor 14th Cross Kilari Road, Bangalore, Karnataka, India – 560053.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.26 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.8 Cr (net margin 5%) and EBITDA of ₹5.15 Cr (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 9% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.5 Cr and satisfied charges of ₹8 Cr on record. Court records list 98 cases involving the company, including 95 filed by the company and 3 filed against it; 3 cases are pending.
Pasolite Electricals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0009853). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pasolite.net.
Company details
Recognitions & Rankings of Pasolite Electricals
Contact details
Pasolite Electricals Private Limited's registered office is in Bangalore, Karnataka. Its website is pasolite.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.8 Ground Floor 14th Cross Kilari Road, Bangalore, Karnataka, India – 560053
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Pasolite Electricals 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 Pasolite Electricals is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Pasolite Electricals Private Limited, buy the company report.
Financials of Pasolite Electricals Private Limited
FY 2025 filings availablePasolite Electricals Private Limited reported revenue of ₹36.26 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 9% growth in the latest year. EBITDA rose 115% 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 | ₹5.15 Cr | ||||
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| Net Profit (PAT) | ₹1.8 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 14.2% | ||||
| Net Profit Margin | 5% | ||||
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To see the full financial statements and ratios of Pasolite Electricals Private Limited, buy the company report.
Board of directors of Pasolite Electricals Private Limited
Pasolite Electricals has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilkush Devi | Director | 31 Mar 2008 | 18 Years 6 Months | Current |
| Ganpat Raj Jain | Managing Director | 31 Mar 2008 | 18 Years 6 Months | Current |
| Atish Ashok Jain Also directs: Allozen Pharma Private Limited | Director | 22 Apr 2016 | 10 Years 6 Months | Current |
| Ashish Kumar Om Prakash Jain | Director | 22 Apr 2016 | 10 Years 6 Months | Current |
Peer comparison
Pasolite Electricals Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dmegc Chengji Electronics India Private Limited | ₹36.51 Cr (FY 2025) | -40.0% | Noida, Uttar Pradesh, India | |||
| Nessa Illumination Technologies Private Limited | ₹36.51 Cr (FY 2025) | 33.0% | Ahmedabad, Gujarat, India | |||
| Pasolite Electricals Private Limitedthis company | ₹36.26 Cr (FY 2025) | ₹1.8 Cr | 5% | 9.0% | 8 | Bangalore, Karnataka, India |
| Cas Electrical & Automation Private Limited | ₹36.18 Cr (FY 2025) | -19.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Pasolite Electricals Private Limited, buy the company report.
Auditor
Pasolite Electricals Private Limited is audited by D KOTHARI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D KOTHARI & ASSOCIATES | FY 2021 | 010834C |
Shareholding
The shareholding of Pasolite Electricals Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pasolite Electricals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2016 | 100071898 | Others | ₹7.5 Cr | Open | |
| 16 Mar 2009 | 10148775 | Union Bank of India | ₹8 Cr | Satisfied |
To see the full charge records of Pasolite Electricals Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Pasolite Electricals Private Limited has 98 court cases on record: 95 filed by Pasolite Electricals, 3 filed against it. 3 cases are pending and 95 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 95 | 0 | 3 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 98)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against M/S Prateek Life Style Limited | Pending |
| High Court, KARNATAKA | Appeal | Filed against the company by Nitesh Estates Limited | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against M/S Nitesh Estates Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Milestone Buildcon Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against M/S Meghana Engineers N | Pending |
To see the full case history of Pasolite Electricals 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.
Credit ratings & regulatory alerts
Pasolite Electricals Private Limited was last rated by Icra on 24 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 24 Aug 2021 |
To see the full credit ratings and regulatory alerts of Pasolite Electricals Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pasolite Electricals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pasolite Electricals Private Limited has a workforce of 8 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Pasolite Electricals has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECP6130H1ZE | Karnataka | Active | 01 Jul 2017 |
| 24AAECP6130H1ZO | Gujarat | Active | 01 Mar 2021 |
To see the full GST registrations and return filing status of Pasolite Electricals Private Limited, buy the company report.
Recent activity
Pasolite Electricals Private Limited has 4 board changes on record since 2008: 4 appointments. The latest: Ashish Kumar Om Prakash Jain was appointed as Director on 22 Apr 2016.
Frequently asked questions
Pasolite Electricals is an active private limited company based in Bangalore, Karnataka, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 31 March 2008 (18+ years old) and is registered under CIN U31409KA2008PTC045849.
Pasolite Electricals has 4 current directors:
- Ganpat Raj Jain - Managing Director
- Dilkush Devi - Director
- Atish Ashok Jain - Director
- Ashish Kumar Om Prakash Jain - Director
The latest financial statements of Pasolite Electricals 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 Pasolite Electricals is 29AAECP6130H1ZE, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAECP6130H1ZO (Gujarat).
The CIN (Corporate Identification Number) of Pasolite Electricals is U31409KA2008PTC045849. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pasolite Electricals has 98 court cases on record: 95 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Pasolite Electricals was incorporated on 31 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Pasolite Electricals by revenue are Dmegc Chengji Electronics India Private Limited, Nessa Illumination Technologies Private Limited, Cas Electrical & Automation Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Ashish Kumar Om Prakash Jain was appointed as Director on 22 Apr 2016. Atish Ashok Jain was appointed as Director on 22 Apr 2016. Dilkush Devi was appointed as Director on 31 Mar 2008. Pasolite Electricals has 4 board changes on record in total.
Yes, Pasolite Electricals is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0009853).
Pasolite Electricals can be reached through the website pasolite.net. Its registered office is in Bangalore, Karnataka, India.