MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0011914
Persang Innovations Private Limited - consumer electronics & durables in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.07 Cr
▼ 13% YoY
Net profit · FY 2024
₹16.42 Lakh
Net margin 2.3%
EBITDA · FY 2024
₹92.72 Lakh
EBITDA margin 13.1%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.02 Cr
Issued & subscribed
Open charges
₹1.94 Cr
Satisfied ₹2.64 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
22
Provident fund records
About Persang Innovations Private Limited
Data last updated:
Persang Innovations Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 22 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U82990GJ2010PTC061213. Its GSTIN is 24AAFCP5362A1ZT (Gujarat). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.02 Cr. It was formerly known as Persang Mediacom Entertainment Private Limited. It is led by directors Sannu Persang Bavaadam and Persang Jal Bavaadam.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at E – 201/202/203 Siddharth Excellence Opp. D'Mart Vasana Road, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.07 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹16.42 Lakh (net margin 2.3%) and EBITDA of ₹92.72 Lakh (EBITDA margin 13.1%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 14% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.94 Cr and satisfied charges of ₹2.64 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Persang Innovations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0011914). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website persangkaraoke.com.
Company details
CIN U82990GJ2010PTC061213
Registration Number 061213
Incorporation Date 22 June 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0011914
CIN history
Persang Innovations has one previous CIN (Corporate Identification Number): U32202GJ2010PTC061213. The current CIN is U82990GJ2010PTC061213, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U82990GJ2010PTC061213 | Current |
| U32202GJ2010PTC061213 | Previous |
Recognitions & Rankings of Persang Innovations
Contact details
Persang Innovations Private Limited's registered office is in Vadodara, Gujarat. Its website is persangkaraoke.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressE – 201/202/203 Siddharth Excellence Opp. D'Mart Vasana Road, Vadodara, Gujarat, India – 390007
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Persang Innovations Private Limited, buy the company report.
Comprehensive company report
Persang Innovations Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Persang Innovations is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Persang Innovations Private Limited, buy the company report.
Financials of Persang Innovations Private Limited
FY 2024 filings availablePersang Innovations Private Limited reported revenue of ₹7.07 Cr (down 13% YoY) for FY 2024.
Revenue · FY 2024
₹7.07 Cr ▼ 13%
Net profit · FY 2024
₹16.42 Lakh margin 2.3%
EBITDA · FY 2024
₹92.72 Lakh margin 13.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 39%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 38%
5 years · compounded
▼ 10%
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 13% fall in the latest year. EBITDA rose 5% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹92.72 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.42 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.1% | ||||
| Net Profit Margin | 2.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Persang Innovations Private Limited, buy the company report.
Board of directors of Persang Innovations Private Limited
Persang Innovations has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sannu Persang Bavaadam | Director | 17 Jun 2013 | 13 Years 4 Months | Current |
| Persang Jal Bavaadam | Director | 22 Jun 2010 | 16 Years 4 Months | Current |
Auditor
Persang Innovations Private Limited is audited by JNMA & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JNMA & Co | FY 2023 | 147524W |
Shareholding
The shareholding of Persang Innovations Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Persang Innovations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.94 Cr
Satisfied charges
₹2.64 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2024 | 100902277 | Canara Bank | ₹1.94 Cr | Open | |
| 29 Sep 2020 | 100380582 | Others | ₹38.51 Lakh | Satisfied | |
| 09 Feb 2018 | 100155955 | Others | ₹2 Cr | Satisfied | |
| 27 May 2014 | 10515112 | Bank of India | ₹25 Lakh | Satisfied |
To see the full charge records of Persang Innovations Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Persang Innovations Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by L and T Finance Limited | Pending |
To see the full case history of Persang Innovations 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 Persang Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Persang Innovations Private Limited has a workforce of 22 employees on its EPFO records as of May 2026.
Employee count
22
Employee growth
-12%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 22 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Persang Innovations Private Limited, buy the company report.
GST
Persang Innovations has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
5
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCP5362A1ZT | Gujarat | Active | 01 Jul 2017 |
| 24AAFCP5362A2ZS | Gujarat | Active | 01 Apr 2025 |
| 06AAFCP5362A1ZR | Haryana | Active | 23 Dec 2022 |
| 29AAFCP5362A1ZJ | Karnataka | Active | 23 Dec 2022 |
To see the full GST registrations and return filing status of Persang Innovations Private Limited, buy the company report.
Recent activity
Persang Innovations Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Kaivan Persang Bavaadam ceased to be Director on 01 Dec 2018.
AGM
Persang Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 09 Feb 2018 via Charge ID 100155955 with Others was fully satisfied on 04 May 2024.
Charges
A charge registered on 29 Sep 2020 via Charge ID 100380582 with Others was fully satisfied on 12 Apr 2024.
Filing
Persang Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Canara Bank amounted to Rs. 1.94 Cr with Charge ID 100902277 was registered on 07 Mar 2024.
Charges
A charge with Others amounted to Rs. 0.39 Cr with Charge ID 100380582 was registered on 29 Sep 2020.
Charges
A charge with Others of Rs. 2.00 Cr registered on 09 Feb 2018 with Charge ID 100155955 was modified on 04 Feb 2020.
Ceased
Kaivan Persang Bavaadam ceased to be Director.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100155955 was registered on 09 Feb 2018.
Charges
A charge registered on 27 May 2014 via Charge ID 10515112 with Bank Of India was fully satisfied on 15 Nov 2017.
Charges
A charge with Bank Of India amounted to Rs. 0.25 Cr with Charge ID 10515112 was registered on 27 May 2014.
Ceased
Aadil Bavaadam Jal ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Persang Innovations is an active private limited company based in Vadodara, Gujarat, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 22 June 2010 (16+ years old) and is registered under CIN U82990GJ2010PTC061213.
Persang Innovations has 2 current directors:
- Sannu Persang Bavaadam - Director
- Persang Jal Bavaadam - Director
The latest financial statements of Persang Innovations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Persang Innovations is 24AAFCP5362A1ZT, registered in Gujarat. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAFCP5362A2ZS (Gujarat), 06AAFCP5362A1ZR (Haryana), 29AAFCP5362A1ZJ (Karnataka).
The CIN (Corporate Identification Number) of Persang Innovations is U82990GJ2010PTC061213. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Persang Innovations has 1 court case on record: 1 filed against it. 1 is pending.
Persang Innovations was incorporated on 22 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kaivan Persang Bavaadam ceased to be Director on 01 Dec 2018. Aadil Bavaadam Jal ceased to be Director on 27 Jun 2013. Sannu Persang Bavaadam was appointed as Director on 17 Jun 2013. Persang Innovations has 4 board changes on record in total.
Yes, Persang Innovations is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0011914).
Persang Innovations can be reached through the website persangkaraoke.com. Its registered office is in Vadodara, Gujarat, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages