- Udyam number
- UDYAM-MH-19-0054243

Pafetech Enterprises Private Limited
About Pafetech Enterprises Private Limited
Data last updated:
Pafetech Enterprises Private Limited is a private limited company based in Vasai, Maharashtra, India, a subsidiary of Viva Enterprises Limied. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 13 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2012PTC226847. Its GSTIN is 27AADCV9874B1Z0 (Maharashtra).
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹15.51 Cr. It was formerly known as Xcell Ecom Private Limited and Viva Servitrade Private Limited. It is led by directors Sagar Pravin Raut and Siddhant Bhalchandra Vaze.
Its last annual general meeting (AGM) was held on 26 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Vasai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹96.79 Cr. For the same year it recorded a net profit of ₹53.3 Lakh (net margin 0.6%) and EBITDA of ₹1.87 Cr (EBITDA margin 1.9%).
As per MCA filings, the company has open charges of ₹85.94 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹15.5 Cr; the latest was in March 2023. Its 5 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 2 smaller; the largest is Ashtel Services Private Limited with revenue of ₹98.66 Cr.
Pafetech Enterprises Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0054243). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Pafetech Enterprises has undergone 4 name changes throughout its history. The current legal name is Pafetech Enterprises Private Limited.
| Company Name | Status |
|---|---|
| Pafetech Enterprises Private Limited | Current |
| Xcell Ecom Private Limited | Previous |
| Viva Servitrade Private Limited | Previous |
| Ess Ess Enterprises Private Limited | Previous |
| Bestdeal Enterprises Private Limited | Previous |
Recognitions & Rankings of Pafetech Enterprises
Contact details
Pafetech Enterprises Private Limited's registered office is in Vasai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 112 Balaji Centre, Gawad Wadi Road Virar East, Vasai, Maharashtra, India – 401305
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Pafetech Enterprises 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 Pafetech Enterprises is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Pafetech Enterprises Private Limited, buy the company report.
Financials of Pafetech Enterprises Private Limited
FY 2019 filings availablePafetech Enterprises Private Limited reported revenue of ₹96.79 Cr for FY 2019.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹96.79 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹53.3 Lakh | ||||
| 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 0.6% | ||||
| 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 Pafetech Enterprises Private Limited, buy the company report.
Board of directors of Pafetech Enterprises Private Limited
Pafetech Enterprises has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Pravin Raut Also directs: Big Stones Realty Developers LLP, Viva Global Residency Private Limited, Viva Infra Projects Private Limited and 5 more | Director | 11 May 2013 | 13 Years 6 Months | Current |
| Siddhant Bhalchandra Vaze Also directs: Viva Industries Limited, Catalyst Metals & Alloys LLP, SMN Infra Projects LLP and 5 more | Director | 14 Aug 2015 | 11 Years 2 Months | Current |
Peer comparison
Pafetech Enterprises Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ashtel Services Private Limited | ₹98.66 Cr (FY 2025) | 12.0% | Kozhikode, Kerala, India | |||
| Aja Energy Solutions Private Limited | ₹98.39 Cr (FY 2025) | 279.0% | New Delhi, Delhi, India | |||
| Kramer Electronics India Private Limited | ₹98.29 Cr (FY 2025) | -13.0% | Bangalore, Karnataka, India | |||
| Pafetech Enterprises Private Limitedthis company | ₹96.79 Cr (FY 2019) | ₹53.3 Lakh | 0.6% | Vasai, Maharashtra, India | ||
| Rishabh Cables and Electricals Private Limited | ₹96.66 Cr (FY 2025) | -8.0% | Coimbatore, Tamil Nadu, India | |||
| Welbilt Foodservice India Private Limited | ₹96.63 Cr (FY 2025) | -24.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Pafetech Enterprises Private Limited, buy the company report.
Auditor
Pafetech Enterprises Private Limited is audited by R J RATHI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R J RATHI & CO | FY 2019 | 130023W |
Shareholding
The shareholding of Pafetech Enterprises Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pafetech Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2015 | 10568202 | Union Bank of India | ₹65 Cr | Open | |
| 08 Aug 2013 | 10449780 | Canara Bank | ₹20.94 Cr | Open |
To see the full charge records of Pafetech Enterprises Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Pafetech Enterprises Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹15.5 Cr; the latest was in March 2023.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Aug 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2013 | Funding round | ₹15.5 Cr | Investors: Viva Enterprises Limied, Ascent Projects Management Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pafetech Enterprises Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Advance Lifestyles Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Advance Lifestyles Limited | Disposed |
| High Court, MAHARASHTRA | Court case (S) | Filed against the company by Advance Lifestyles Limited | Disposed |
To see the full case history of Pafetech Enterprises 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
Pafetech Enterprises Private Limited was last rated by Brickwork on 28 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 28 Sep 2020 |
To see the full credit ratings and regulatory alerts of Pafetech Enterprises Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pafetech Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pafetech Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCV9874B1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pafetech Enterprises Private Limited, buy the company report.
Recent activity
Pafetech Enterprises Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Siddhant Bhalchandra Vaze ceased to be Additional Director on 30 Sep 2015.
2 earlier events are in the company report.
Frequently asked questions
Pafetech Enterprises is an active private limited company based in Vasai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 13 February 2012 (14+ years old) and is registered under CIN U74990MH2012PTC226847.
Pafetech Enterprises has 2 current directors:
- Sagar Pravin Raut - Director
- Siddhant Bhalchandra Vaze - Director
The latest financial statements of Pafetech Enterprises on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 26 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Pafetech Enterprises is 27AADCV9874B1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pafetech Enterprises is U74990MH2012PTC226847. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pafetech Enterprises has 3 court cases on record: 3 filed against it. 1 is pending. Most are in the high courts.
Pafetech Enterprises was incorporated on 13 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Pafetech Enterprises has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹15.5 Cr; the latest was in March 2023.
The peers of Pafetech Enterprises by revenue are Ashtel Services Private Limited, Aja Energy Solutions Private Limited, Kramer Electronics India Private Limited, Rishabh Cables and Electricals Private Limited, Welbilt Foodservice India Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Siddhant Bhalchandra Vaze ceased to be Additional Director on 30 Sep 2015. Siddhant Bhalchandra Vaze was appointed as Director on 14 Aug 2015. Sidharth Deepak Thakur ceased to be Director on 14 Aug 2015. Pafetech Enterprises has 7 board changes on record in total.
Yes, Pafetech Enterprises is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0054243).

