
Payal Electronics and Video Private Limited
About Payal Electronics and Video Private Limited
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Payal Electronics and Video Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 31 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U92113MH1994PTC080644.
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹5.21 Lakh. It is led by directors Ashwin Dhaniram Varma and Hema Ashwin Varma.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Mumbai, Maharashtra.
As per MCA filings, the company has open charges of ₹2.6 Cr on record. Court records list 13 cases involving the company, including 12 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Payal Electronics and Video Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address1101/02 11th Floor Riya Palace Chs Samarth Cross Road No.4 Lokhandwala Com, Plex, Mumbai, Maharashtra, India – 400053
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Payal Electronics and Video 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 Payal Electronics and Video is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment activities |
Financials of Payal Electronics and Video Private Limited
FY 2022 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Payal Electronics and Video Private Limited, buy the company report.
Board of directors of Payal Electronics and Video Private Limited
Payal Electronics and Video has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Dhaniram Varma | Director | 31 Aug 1994 | 32 Years 1 Months | Current |
| Hema Ashwin Varma | Director | 31 Aug 1994 | 32 Years 1 Months | Current |
Auditor
Payal Electronics and Video Private Limited is audited by D B KETKAR & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D B KETKAR & CO | FY 2021 | 105007W |
Shareholding
The shareholding of Payal Electronics and Video Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
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To see the full shareholding pattern of Payal Electronics and Video Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Mar 2000 | 90214794 | Janata Sahakari Bank Ltd. | ₹2 Cr | Open | |
| 28 Oct 1996 | 90214639 | Janata Sahakari Bank Ltd. | ₹15 Lakh | Open | |
| 26 Mar 1996 | 90214602 | Janata Sahakari Bank Ltd. | ₹20 Lakh | Open | |
| 05 Jun 1995 | 90214555 | Janata Sahakari Bank Ltd. | ₹25 Lakh | Open |
Total charge records: 4 View all charges
Legal cases
Payal Electronics and Video Private Limited has 13 court cases on record: 12 filed by Payal Electronics and Video, 1 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 1 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (JO) | Filed by the company against Reminiscent India Television Ltd. | Pending |
| Bombay High Court | Court case (APP) | Filed by the company against Reminiscent India Television Ltd | Disposed |
| Bombay High Court | Court case (CHS) | Filed by the company against Reminiscent India Television Limited and Anr | Disposed |
| Bombay High Court | Court case (SS) | Filed by the company against Reminiscent India Television Ltd. | Disposed |
| Bombay High Court | Court case (APP) | Filed by the company against Reminisscent India Television Ltd | Disposed |
To see the full case history of Payal Electronics and Video 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Payal Electronics and Video Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Payal Electronics and Video Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Payal Electronics and Video Private Limited has 2 board changes on record since 1994: 2 appointments. The latest: Ashwin Dhaniram Varma was appointed as Director on 31 Aug 1994.
Frequently asked questions
Payal Electronics and Video is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 31 August 1994 (32+ years old) and is registered under CIN U92113MH1994PTC080644.
Payal Electronics and Video has 2 current directors:
- Ashwin Dhaniram Varma - Director
- Hema Ashwin Varma - Director
The latest financial statements of Payal Electronics and Video on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Payal Electronics and Video is U92113MH1994PTC080644. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Payal Electronics and Video has 13 court cases on record: 12 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Payal Electronics and Video was incorporated on 31 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashwin Dhaniram Varma was appointed as Director on 31 Aug 1994. Hema Ashwin Varma was appointed as Director on 31 Aug 1994.
The registered office of Payal Electronics and Video is at 110102 11th Floor Riya Palace Chs Samarth Cross Road No.4 Lokhandwala Com, Plex, Mumbai, Maharashtra, India – 400053.
Payal Electronics and Video operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
Payal Electronics and Video has open charges of ₹2.6 Cr and no satisfied charges on record as per latest MCA filings.