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About Painternet (India) Private Limited
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Painternet (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 31 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2000PTC125519. Its GSTIN is 27AACCP5010G1ZT (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.9 Lakh. It is led by directors Prashant Walchand Shah and Pratima Prashant Shah.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 8 Pitha Streetoff P M Road Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.53 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹56,563 (net margin -6.6%) and EBITDA of -₹7,789 (EBITDA margin -0.9%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 22% over five years.
As per MCA filings, the company has open charges of ₹10 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website painternet.com.
Company details
Contact details
Painternet (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is painternet.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered Address8 Pitha Streetoff P M Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Painternet (India) 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 Painternet (India) is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Painternet (India) Private Limited, buy the company report.
Financials of Painternet (India) Private Limited
FY 2023 filings availablePainternet (India) Private Limited reported revenue of ₹8.53 Lakh (down 24% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 24% fall in the latest year. EBITDA fell 131% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹7,789 | ||||
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| Net Profit (PAT) | -₹56,563 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -0.9% | ||||
| Net Profit Margin | -6.6% | ||||
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To see the full financial statements and ratios of Painternet (India) Private Limited, buy the company report.
Board of directors of Painternet (India) Private Limited
Painternet (India) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Walchand Shah | Director | 31 Mar 2000 | 26 Years 7 Months | Current |
| Pratima Prashant Shah | Director | 31 Mar 2000 | 26 Years 7 Months | Current |
Auditor
Painternet (India) Private Limited is audited by JAYESH BAGADIA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYESH BAGADIA & CO | FY 2018 | 112418W |
Shareholding
The shareholding of Painternet (India) Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Painternet (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 2004 | 90148551 | The Ratnakar Bank Ltd. | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Painternet (India) 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 Painternet (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Painternet (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCP5010G1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Painternet (India) Private Limited, buy the company report.
Recent activity
Painternet (India) Private Limited has 2 board changes on record since 2000: 2 appointments. The latest: Prashant Walchand Shah was appointed as Director on 31 Mar 2000.
Frequently asked questions
Painternet (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 31 March 2000 (26+ years old) and is registered under CIN U51909MH2000PTC125519.
Painternet (India) has 2 current directors:
- Prashant Walchand Shah - Director
- Pratima Prashant Shah - Director
The latest financial statements of Painternet (India) on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Painternet (India) is 27AACCP5010G1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Painternet (India) is U51909MH2000PTC125519. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Painternet (India) was incorporated on 31 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Prashant Walchand Shah was appointed as Director on 31 Mar 2000. Pratima Prashant Shah was appointed as Director on 31 Mar 2000.
Painternet (India) can be reached through the website painternet.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Painternet (India) is at 8 Pitha Streetoff P M Road Fort, Mumbai, Maharashtra, India – 400001.
Painternet (India) operates in the internet industry, in the online service marketplaces segment.
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