About
Basic Data Updated:
28 days agoPatel Engineering Limited, previously known as Patel Engineering Company Limited, has been actively involved in the construction industry. According to its credit rating report, the company specializes in the development of various heavy civil engineering projects such as dams, bridges, tunnels, roads, piling works, and industrial structures. These projects are spread across different sectors including hydro, irrigation & water supply, urban infrastructure, and transport. In addition to this, PEL has also expanded its portfolio to include power, road, and real estate projects in the past. With a successful track record, PEL has completed a total of 84 dams, 33 hydroelectric projects (with 13 ongoing projects), and 200 km of tunneling projects.
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
Products or Services related to Patel Engineering Limited
Financials of Patel Engineering Limited
Patel Engineering Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.26% increase. The company also saw a substantial improvement in profitability, with a 196.28% increase in profit. The company's net worth Soared by an impressive increase of 11.85%.
Corporate Structure
Unlock access to Patel Engineering's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Patel Engineering Limited
Unlock and access historical data on people associated with Patel Engineering, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
RP
Rupen Patel Managing DirectorAppointment Date: 01-Sep-2009
Status: Current
SS
Shobha Shetty Company SecretaryStatus: Current
KS
Kavita Shirvaikar CFOStatus: Current
Board Members(6)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Others Creation Date: 02 Mar 2024 | ₹2.03 Cr | Open |
Others Creation Date: 03 Feb 2024 | ₹5.95 Cr | Open |
Others Creation Date: 22 Dec 2023 | ₹3.26 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Patel Engineering, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Patel Engineering's trajectory.
Rating
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Alert
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Related Corporates (Common Directorship)
Eram Hitech Engineering India Private Limited.
Active 15 years 11 monthsSunanda Rajendran is a mutual person
Patel Energy Limited
Active 27 years 8 monthsKavita Shirvaikar and Kavita Shirvaikar are mutual person
Patel Engineering Infrastructure Limited
Active 17 years 10 monthsShobha Shetty and Kavita Shirvaikar are mutual person
Recent activity within the organization
Charges
A charge with Others amounted to Rs. 2.03 cr with Charge ID 100888299 was registered on 02 Mar 2024.
02 Mar 2024Charges
A charge with Others of Rs. 58.11 cr registered on 27 Jan 2023 with Charge ID 100668002 was modified on 21 Feb 2024.
21 Feb 2024Charges
A charge with Others amounted to Rs. 5.95 cr with Charge ID 100867227 was registered on 03 Feb 2024.
03 Feb 2024Charges
A charge with Others amounted to Rs. 3.26 cr with Charge ID 100844297 was registered on 22 Dec 2023.
22 Dec 2023Charges
A charge with Others amounted to Rs. 0.29 cr with Charge ID 100834619 was registered on 08 Dec 2023.
08 Dec 2023
Recent News, Updates & Announcement
- Patel Engineering JV wins 52536 crore construction project in Telangana.
Goadnews 21 Feb 2024
- Banks invoke S4A to recast Patel Engineering8217s Rs29635 crore debt Mint.
Under the S4A norms Patel Engineerings debt of Rs29635 crore will be categorized into two partsRs1724 crore of sustainable and Rs12395 crore of unsustainable debt.
mint 14 Nov 2017
- Eight Capital asks Patel Engineering8217s lenders to convert debt into NCDs Mint.
In turn Eight Capital has offered to pay the banks 7 interest every time Patel Engineerings receivables get converted into cash.
mint 10 Oct 2017
- Patel Engs director Sunil Shinde resigns.
Patel Engineering has informed the Exchange regarding Resignation of Mr Sunil Shinde as Whole Time Director and Chief Executive Officer of the company wef June 02 2017.
Moneycontrol 02 Jun 2017
- Essel Infra buys 2 road assets from KNR Patel Engineering for Rs850 crore Mint.
Patel Engineering and KNR Constructions will sell their entire equity stake in two annuitybased BOT projects to Essel Infra.
mint 12 Nov 2016
Frequently asked questions
What is the Incorporation or founding date of Patel Engineering Limited?