Patelhitech Engineering Private Limited - Company Profile

It is a machinery and equipment private limited company based in Shimoga, Karnataka, India, established in 2016.
2016 Shimoga, Karnataka, India Struck Off
Last Updated:
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About Patelhitech Engineering Private Limited

Patelhitech Engineering Private Limited, a struck off private limited company, was established on 23 March 2016 in Shimoga, Karnataka, India. Engaging in industrial tools & components within the manufacturing sector, it holds CIN: U27300KA2016PTC087176. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.10 Cr and a paid-up capital of ₹1.08 Cr.

It upholds a compliant status. Employing 15 professional, Its leadership includes Rakesh Patel (Director), Kanive Narasimhamurthy Vijayendra (Director). It holds no open charges and ₹7.08 M settled loans. Its latest AGM occurred on 09 September 2024, with the balance sheet filed on 31 March 2024. It is based at No. 159, 7Th Cross, 3Rd Stage,, 2Nd Block, Vinobanagar, Shivamogga,, Shimoga, Karnataka, 577204.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U27300KA2016PTC087176

  • Registration Number

    087176

  • Incorporation Date

    23 March 2016

  • Authorized Capital

    ₹1.10 Cr

  • Paid-Up Capital

    ₹1.08 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 1.10 Cr
  • Paid Up Capital ₹ 1.08 Cr
  • Company Age 9 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 7.08 M
  • Revenue Growth **** 2.69%
  • Profit Growth **** -16.53%
  • Ebitda **** 337.30%
  • Net Worth 105.50%
  • Total Assets -6.47%
Company report

Patelhitech Engineering Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Patelhitech Engineering Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Patelhitech Engineering Private Limited?
Current Directors
Name Designation Appointment Date Status
Rakesh Patel Director 23 Mar 2016 Current
Kanive Narasimhamurthy Vijayendra Director 23 Mar 2016 Current

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Financial Performance of Patelhitech Engineering.

Patelhitech Engineering Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 2.69% increase. The company also saw a substantial fall in profitability, with a 16.53% decrease in profit. The company's net worth Soared by an impressive increase of 105.5%.

Patelhitech Engineering revenue growth over time
Patelhitech Engineering profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 2.69%
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*******
*******
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Revenue from Operations
*******
 3.45%
*******
*******
*******
*******
Total Assets
*******
 -6.47%
*******
*******
*******
*******
Profit or Loss
*******
 -16.53%
*******
*******
*******
*******
Net Worth
*******
 105.50%
*******
*******
*******
*******
EBITDA
*******
 337.30%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Patelhitech Engineering?

In 2021, Patelhitech Engineering had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹7,079,000.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 0.71 Cr
Latest Charge Details
Date Lender Amount Status
05 Nov 2018 Canara Bank ₹0.80 M Satisfied
03 Sep 2018 Canara Bank ₹4.28 M Satisfied
17 May 2018 Canara Bank ₹2.00 M Satisfied

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How Many Employees Work at Patelhitech Engineering?

Patelhitech Engineering has a workforce of 15 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Patelhitech 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 Patelhitech Engineering's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

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.

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Latest Updates, News, and FAQs on Patelhitech Engineering
Recent Activity within the Organization
  • Annual General Meeting

    Patelhitech Engineering Private Limited last Annual general meeting of members was held on 09 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Patelhitech Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Charges

    The activity A charge registered on 17 May 2018 via Charge ID 100186791 with Canara Bank was fully satisfied on 09 Oct 2023. was completed.

  • Charges

    The activity A charge registered on 05 Nov 2018 via Charge ID 100218590 with Canara Bank was fully satisfied on 19 Apr 2023. was completed.

  • Charges

    Progress on A charge registered on 03 Sep 2018 via Charge ID 100206099 with Canara Bank was fully satisfied on 19 Apr 2023. was documented.

  • Charges

    The activity A charge with Canara Bank of Rs. 0.20 Cr registered on 17 May 2018 with Charge ID 100186791 was modified on 18 Feb 2022. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Patelhitech Engineering Private Limited?

The CIN of Patelhitech Engineering Private Limited is U27300KA2016PTC087176.

Where is Patelhitech Engineering Private Limited headquartered?

Patelhitech Engineering Private Limited is headquartered at No. 159, 7Th Cross, 3Rd Stage,, 2Nd Block, Vinobanagar, Shivamogga,, Shimoga, Karnataka, 577204.

When was Patelhitech Engineering Private Limited incorporated?

Patelhitech Engineering Private Limited was incorporated on 23 March 2016.

Who are the current directors of Patelhitech Engineering Private Limited?

The current directors of Patelhitech Engineering Private Limited are

What is the primary industry of Patelhitech Engineering Private Limited?

The primary industry of Patelhitech Engineering Private Limited is Manufacturing.

Is Patelhitech Engineering Private Limited a listed company?

Patelhitech Engineering Private Limited is unlisted.

What is the capital structure of Patelhitech Engineering Private Limited?

The authorized capital of Patelhitech Engineering Private Limited is ₹1.10 Cr, and the paid-up capital is ₹1.08 Cr.

What is the compliance status of Patelhitech Engineering Private Limited?

The compliance status of Patelhitech Engineering Private Limited is Compliant.

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