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.
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.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.8 Ground Floor 14th Cross Kilari Road, Bangalore, Karnataka, India – 560053
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Pasolite Electricals Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Pasolite Electricals Private Limited
Pasolite Electricals Private Limited is audited by D KOTHARI & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D KOTHARI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
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 5 Months | Current |
| Ashish Kumar Om Prakash Jain | Director | 22 Apr 2016 | 10 Years 5 Months | Current |
Financials of Pasolite Electricals Private Limited FY 2025 filings available
Pasolite Electricals Private Limited reported revenue of ₹36.26 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Pasolite Electricals Private Limited
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 of Pasolite Electricals Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.15 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.8 Cr | •••• | •••• | •••• | •••• |
| 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 of Pasolite Electricals Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Pasolite Electricals are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Pasolite Electricals Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Pasolite Electricals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2016 | Others | ₹7.5 Cr | Open |
| 16 Mar 2009 | Union Bank of India | ₹8 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Pasolite Electricals Private Limited
Pasolite Electricals Private Limited has a workforce of 8 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Pasolite Electricals Private Limited
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 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Pasolite Electricals Private Limited
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. Status as checked between 28 Sep 2026 and 04 Oct 2026.
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 Prateek Lifestyle Limited | Pending |
| High Court of Karnataka | Appeal | Filed against the company by Satchmo Holdings Limited | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against Satchmo Holdings Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Satchmo Holdings Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Milestone Buildcon Private Limited | Disposed |
Full case history
All 98 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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, Litigation & Regulatory Alerts for Pasolite Electricals Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Pasolite Electricals Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Pasolite Electricals Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Pasolite Electricals Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Pasolite Electricals Private Limited
Frequently Asked Questions about Pasolite Electricals Private Limited
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 reported revenue of ₹36.26 Cr for FY 2025 (up 9% YoY).
Pasolite Electricals has 4 current directors:
- Ganpat Raj Jain - Managing Director
- Dilkush Devi - Director
- Atish Ashok Jain - Director
- Ashish Kumar Om Prakash Jain - Director
Pasolite Electricals reported a net profit of ₹1.8 Cr (net margin 5%) and EBITDA of ₹5.15 Cr (EBITDA margin 14.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pasolite Electricals is 19% over three years and 9% over five years. In the latest year (FY 2025) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
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.