Pi Green Innovations Private Limited

Pi Green Innovations Private Limited - machinery and equipment in Khed, Maharashtra, India. FY 2026 financials & compliance.
CIN U29100PN2019PTC183743 Incorporated 25 April 2019 ROC Pune HQ Khed, Maharashtra, India
Active Private Limited Company machinery and equipment Startup India MSME · Small
Data last updated
Revenue · FY 2025
₹76.97 Cr
▲ 2% YoY
Net loss · FY 2025
₹1.06 Cr
Net margin -1.4%
EBITDA · FY 2025
₹2.84 Cr
EBITDA margin 3.7%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1.52 Lakh
Issued & subscribed
Open charges
₹10 Cr
Satisfied ₹7 Cr
Company age
7 yrs
Est. 2019
Employees · EPFO
69
Provident fund records

About Pi Green Innovations Private Limited

Data last updated:

Pi Green Innovations Private Limited is a private limited company based in Khed, Maharashtra, India, recognised as a startup by DPIIT. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 25 April 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29100PN2019PTC183743. Its GSTIN is 27AAKCP5141J1Z6 (Maharashtra).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.52 Lakh. It is led by directors including Shaikh Rijwan Shaikh Nurul Islam and Irfan Adamsaheb Pathan.

Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Khed, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹76.97 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹1.06 Cr (net margin -1.4%) and EBITDA of ₹2.84 Cr (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 86% over three years and 736% over five years.

The company has about 69 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: PI Green Innovations. As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹7 Cr on record. The company has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹36.1 Cr; the latest was in March 2024. The company has 15 MSME Form 1 returns on record between 2021 and 2024, listing 2,822 overdue payments to 56 micro and small suppliers.

Pi Green Innovations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0117073). For more details, the company can be reached via its website pigreeninnovations.com.

Company details

CIN U29100PN2019PTC183743
Registration Number 183743
Incorporation Date 25 April 2019
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-26-0117073
Key People
Shaikh Rijwan Shaikh Nurul Islam Director Irfan Adamsaheb Pathan Director Shantanu Subhash Sonaikar Director

Recognitions & Rankings of Pi Green Innovations

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-26-0117073

Contact details

Pi Green Innovations Private Limited's registered office is in Khed, Maharashtra. Its website is pigreeninnovations.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    pigreeninnovations.com
  • Social Media
  • Registered Address
    Gat – 95/5 95/6 Muray Wasti, Kuruli Chakan, Khed, Maharashtra, India – 410501
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing

To see the full contact details of Pi Green Innovations Private Limited, buy the company report.

Comprehensive company report
Pi Green 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
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Brands

Pi Green Innovations operates one associated brand: PI Green Innovations. Each brand links to its own profile.

BrandDescriptionWebsite
PI Green Innovations
Developer of air purification and net-zero emission technologies. This company designs and manufactures products for cleaner air, focusing on solutions for automobiles, gensets, and industrial applications. Their offerings include ambient air purifiers and systems aimed at reducing carbon emissions. The company's technology is geared towards improving air quality and promoting environmental sustainability. They provide repair services for their equipment.pigreeninnovations.com

Business activity

The main business activity of Pi Green Innovations is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Pi Green Innovations Private Limited, buy the company report.

Financials of Pi Green Innovations Private Limited

FY 2025 filings available

Pi Green Innovations Private Limited reported revenue of ₹76.97 Cr (up 2% YoY) for FY 2025.

Revenue · FY 2025
₹76.97 Cr ▲ 2%
Net loss · FY 2025
₹1.06 Cr margin -1.4%
EBITDA · FY 2025
₹2.84 Cr margin 3.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 86%
5 years · compounded
▲ 736%
EBITDA CAGR growth
1 year
▼ 43%
3 years · compounded
▲ 35%
5 years · compounded
▲ 65%

Revenue has grown at a compounded annual rate (CAGR) of 736% over five years, including 2% growth in the latest year. EBITDA fell 43% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹2.84 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.06 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3.7%
Net Profit Margin-1.4%
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 Pi Green Innovations Private Limited, buy the company report.

Board of directors of Pi Green Innovations Private Limited

Pi Green Innovations has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shaikh Rijwan Shaikh Nurul IslamDirector25 Apr 20197 Years 6 MonthsCurrent
Irfan Adamsaheb PathanDirector25 Apr 20197 Years 6 MonthsCurrent
Shantanu Subhash SonaikarDirector01 Oct 20215 Years 1 MonthsCurrent
View all directors

Auditor

Pi Green Innovations Private Limited is audited by S B S S & CO LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S B S S & CO LLPFY 2023015735S/S200035

Shareholding

The shareholding of Pi Green Innovations Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Pi Green Innovations Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10 Cr
Satisfied charges
₹7 Cr
Breakdown by lending institutions
Others₹10.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Jun 2025101113117Others₹10 CrOpen
20 Apr 2022100572885Hdfc Bank Limited₹2 CrSatisfied
28 Jan 2021100416210Others₹4 CrSatisfied
18 Jan 2021100413238Others₹1 CrSatisfied

To see the full charge records of Pi Green Innovations Private Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Pi Green Innovations Private Limited has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹36.1 Cr; the latest was in March 2024.

Total deals
7
Secondary share transfers
4
Funding rounds
3
Disclosed funding
₹36.1 Cr

Deals on record (5 of 7)

WhenDealAmountParties
Sep 2022Secondary share transferUndisclosedBuyer: Opus Software Solutions Private Limited
Seller: 4 individuals
Mar 2022Secondary share transferUndisclosedBuyer: Opus Software Solutions Private Limited , 3 individuals
Seller: 3 individuals
Oct 2021Funding round₹28.55 CrInvestors: Opus Software Solutions Private Limited , an individual
Aug 2021Funding round₹5.3 CrInvestors: Opus Software Solutions Private Limited , JCSS Consulting Private Limited
Mar 2021Secondary share transferUndisclosedBuyer: JCSS Consulting Private Limited , an individual
Seller: 4 individuals

To see the full deal history of Pi Green Innovations Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Pi Green Innovations Private Limited has 15 MSME Form 1 returns on record between 2021 and 2024, listing 2,822 overdue payments to 56 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 56)

SupplierAmount dueDue sinceReported on
Shriniwas Machine Craft Private Limited
an individual supplier
Vishal Rubber Technologies Private Limited
an individual supplier
an individual supplier

To see the full MSME payment records of Pi Green Innovations Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Pi Green Innovations Private Limited has a workforce of 69 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
69
Active EPFO establishments
1
Employee growth
43.75%

GST

Pi Green Innovations has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAKCP5141J1Z6MaharashtraActive02 Aug 2019

To see the full GST registrations and return filing status of Pi Green Innovations Private Limited, buy the company report.

Recent activity

Pi Green Innovations Private Limited has 7 board changes on record since 2019: 5 appointments and 2 cessations. The latest: Srikanth Srinivasan ceased to be Director on 01 Jul 2023.

AGM
Pi Green Innovations Private Limited last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1,000.00 Lakh with Charge ID 101113117 was registered on 04 Jun 2025.
Filing
Pi Green Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge registered on 20 Apr 2022 via Charge ID 100572885 with Hdfc Bank Limited was fully satisfied on 02 Apr 2024.
Ceased
Srikanth Srinivasan ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100572885 was registered on 20 Apr 2022.
Appointed
Shantanu Subhash Sonaikar was appointed as Director.
Appointed
Srikanth Srinivasan was appointed as Director.
Charges
A charge registered on 28 Jan 2021 via Charge ID 100416210 with Others was fully satisfied on 31 Aug 2021.
Charges
A charge registered on 18 Jan 2021 via Charge ID 100413238 with Others was fully satisfied on 31 Aug 2021.
Charges
A charge with Others of Rs. 400.00 Lakh registered on 28 Jan 2021 with Charge ID 100416210 was modified on 07 Jun 2021.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 100416210 was registered on 28 Jan 2021.

6 earlier events are in the company report.

News

Frequently asked questions

Pi Green Innovations is an active private limited company based in Khed, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 25 April 2019 (7+ years old) and is registered under CIN U29100PN2019PTC183743.

Pi Green Innovations has 3 current directors:

The latest financial statements of Pi Green Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 September 2025. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Pi Green Innovations is 27AAKCP5141J1Z6, registered in Maharashtra.

The CIN (Corporate Identification Number) of Pi Green Innovations is U29100PN2019PTC183743. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Pi Green Innovations was incorporated on 25 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.

Pi Green Innovations has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹36.1 Cr; the latest was in March 2024.

Srikanth Srinivasan ceased to be Director on 01 Jul 2023. Shantanu Subhash Sonaikar was appointed as Director on 01 Oct 2021. Srikanth Srinivasan was appointed as Director on 01 Oct 2021. Pi Green Innovations has 7 board changes on record in total.

Yes, Pi Green Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Pi Green Innovations is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0117073).

Pi Green Innovations has 15 MSME Form 1 returns on record between 2021 and 2024, listing 2,822 overdue payments to 56 micro and small suppliers. The latest return was filed on 01 May 2024.