- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-16-0003384

Petiole Trading Private Limited
About Petiole Trading Private Limited
Data last updated:
Petiole Trading Private Limited is a private limited company based in Hassan, Karnataka, India. It operates in the staple foods and grains segment of the food and beverages sector. It was incorporated on 07 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52609KA2019PTC129388. Its GSTIN is 29AAKCP8593Q1Z2 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mudigere Krishne Gowda Saveen and Sakaleshpura Vasudeva Spoorthy.
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 1517/C Asha Kiran, Hassan, Karnataka, India – 573201.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.23 Cr, a decline of 55% compared to the previous year. For the same year it recorded a net profit of ₹3.06 Lakh (net margin 1.4%) and EBITDA of ₹4.43 Lakh (EBITDA margin 2%).
Petiole Trading Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-16-0003384).
Company details
Recognitions & Rankings of Petiole Trading
Contact details
Petiole Trading Private Limited's registered office is in Hassan, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address1517/C Asha Kiran, Hassan, Karnataka, India – 573201
- IndustryFood and Beverages, Staple Foods & Grains
To see the full contact details of Petiole Trading 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
Financials of Petiole Trading Private Limited
FY 2025 filings availablePetiole Trading Private Limited reported revenue of ₹2.23 Cr (down 55% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 55% in the latest year. EBITDA rose 93% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹2.23 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹4.43 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹3.06 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
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| Trade Payables | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2% | ||
| Net Profit Margin | 1.4% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Petiole Trading Private Limited, buy the company report.
Board of directors of Petiole Trading Private Limited
Petiole Trading has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mudigere Krishne Gowda Saveen | Director | 07 Nov 2019 | 6 Years 11 Months | Current |
| Sakaleshpura Vasudeva Spoorthy | Director | 07 Nov 2019 | 6 Years 11 Months | Current |
Legal cases
No court or tribunal cases involving Petiole Trading Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Petiole Trading Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Petiole Trading has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCP8593Q1Z2 | Karnataka | Active | 18 Nov 2019 |
To see the full GST registrations and return filing status of Petiole Trading Private Limited, buy the company report.
Recent activity
Petiole Trading Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Mudigere Krishne Gowda Saveen was appointed as Director on 07 Nov 2019.
Frequently asked questions
Petiole Trading is an active private limited company based in Hassan, Karnataka, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 07 November 2019 (7+ years old) and is registered under CIN U52609KA2019PTC129388.
Petiole Trading has 2 current directors:
- Mudigere Krishne Gowda Saveen - Director
- Sakaleshpura Vasudeva Spoorthy - Director
The latest financial statements of Petiole Trading on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Petiole Trading is 29AAKCP8593Q1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Petiole Trading is U52609KA2019PTC129388. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Petiole Trading was incorporated on 07 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Mudigere Krishne Gowda Saveen was appointed as Director on 07 Nov 2019. Sakaleshpura Vasudeva Spoorthy was appointed as Director on 07 Nov 2019.
Yes, Petiole Trading is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-16-0003384).
The registered office of Petiole Trading is at 1517C Asha Kiran, Hassan, Karnataka, India – 573201.
Petiole Trading operates in the food and beverages industry, in the staple foods and grains segment.