Peeyes Watches Private Limited
About Peeyes Watches Private Limited
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Peeyes Watches Private Limited is a private limited company based in Tumkur, Karnataka, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 01 July 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U03330KA1988PTC009238. Its GSTIN is 29AACCP5839R1ZH (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7 Lakh. It is led by directors Sripathi Chetty Krishnaiah (Managing Director) and Sripathi Sriharsha.
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. 706 Sree Nilayam 1st Link Road 9th Cross Sit Extension, Tumkur, Karnataka, India – 572103.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.36 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹2.26 Lakh (net margin -95.7%) and EBITDA of ₹8,745 (EBITDA margin 3.7%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹4.5 Lakh and satisfied charges of ₹41.2 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Peeyes Watches Private Limited's registered office is in Tumkur, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 706 Sree Nilayam 1st Link Road 9th Cross Sit Extension, Tumkur, Karnataka, India – 572103
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Peeyes Watches 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 Peeyes Watches is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Peeyes Watches Private Limited, buy the company report.
Financials of Peeyes Watches Private Limited
FY 2025 filings availablePeeyes Watches Private Limited reported revenue of ₹2.36 Lakh (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 1% fall in the latest year. EBITDA rose 279% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹8,745 | ||||
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| Net Profit (PAT) | -₹2.26 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | -95.7% | ||||
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To see the full financial statements and ratios of Peeyes Watches Private Limited, buy the company report.
Board of directors of Peeyes Watches Private Limited
Peeyes Watches has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sripathi Chetty Krishnaiah | Managing Director | 29 May 1996 | 30 Years 5 Months | Current |
| Sripathi Sriharsha | Director | 15 Oct 2004 | 22 Years 1 Months | Current |
Auditor
Peeyes Watches Private Limited is audited by A B S & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A B S & CO | FY 2017 | 008203S |
Shareholding
The shareholding of Peeyes Watches Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Peeyes Watches Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Oct 1989 | 90190505 | Indian Bank | ₹4.5 Lakh | Open | |
| 21 Oct 2002 | 80046220 | Uco Bank | ₹41.2 Lakh | Satisfied |
To see the full charge records of Peeyes Watches Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Peeyes Watches Private Limited has 2 court cases on record: 1 filed by Peeyes Watches, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, TUMAKURU, Karnataka | Interim or miscellaneous application | Filed by the company against Ms Dicen Watch Cases Pvt. Ltd. | Disposed |
| High Court, KARNATAKA | Writ petition | Filed against the company by individuals | Disposed |
To see the full case history of Peeyes Watches 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
No delayed payments to MSME suppliers are on our record for Peeyes Watches Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Peeyes Watches has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCP5839R1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Peeyes Watches Private Limited, buy the company report.
Recent activity
Peeyes Watches Private Limited has 3 board changes on record since 1996: 2 appointments and 1 cessation. The latest: Sreepathi Sampalatha ceased to be Director on 07 Jun 2020.
Frequently asked questions
Peeyes Watches is an active private limited company based in Tumkur, Karnataka, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 01 July 1988 (38+ years old) and is registered under CIN U03330KA1988PTC009238.
Peeyes Watches has 2 current directors:
- Sripathi Chetty Krishnaiah - Managing Director
- Sripathi Sriharsha - Director
The latest financial statements of Peeyes Watches 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 Peeyes Watches is 29AACCP5839R1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Peeyes Watches is U03330KA1988PTC009238. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Peeyes Watches has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Peeyes Watches was incorporated on 01 July 1988, making it 38+ years old. It is registered with the Registrar of Companies, Bangalore.
Sreepathi Sampalatha ceased to be Director on 07 Jun 2020. Sripathi Sriharsha was appointed as Director on 15 Oct 2004. Sripathi Chetty Krishnaiah was appointed as Managing Director on 29 May 1996.
The registered office of Peeyes Watches is at No. 706 Sree Nilayam 1st Link Road 9th Cross Sit Extension, Tumkur, Karnataka, India – 572103.
Peeyes Watches operates in the consumer goods industry, in the watches and jewelry manufacturing segment.
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