Piccolo (India) Private Limited
About Piccolo (India) Private Limited
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Piccolo (India) Private Limited is a private limited company based in Panaji, Goa, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 20 January 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U32205GA1983PTC000519. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Abbasi Fakhruddin Bandookwala and Mustafa Fakhruddin Bandookwala.
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 Flat No. 137 Casa – Del – Sol Co – Op. Housing Society 3rd Floor Opp. Goa Marriot Resort Miram, Ar, Panaji, Goa, India – 403001.
As per the financials filed for FY 2020, the company reported a revenue of ₹11,241, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹2,630 (net margin -23.4%) and EBITDA of -₹10,298 (EBITDA margin -91.6%). Revenue has declined at a compounded annual rate (CAGR) of 83% over three years and 45% over five years.
As per MCA filings, the company has open charges of ₹2.6 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Piccolo (India) Private Limited's registered office is in Panaji, Goa. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. 137 Casa – Del – Sol Co – Op. Housing Society 3rd Floor Opp. Goa Marriot Resort Miram, Ar, Panaji, Goa, India – 403001
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Piccolo (India) 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 Piccolo (India) Private Limited
FY 2024 filings availablePiccolo (India) Private Limited reported revenue of ₹11,241 (down 97% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 97% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11,241 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10,298 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2,630 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -91.6% | ||||
| Net Profit Margin | -23.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Piccolo (India) Private Limited, buy the company report.
Board of directors of Piccolo (India) Private Limited
Piccolo (India) has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abbasi Fakhruddin Bandookwala Also directs: Naavinya Kaya LLP | Director | 04 Aug 2000 | 26 Years 2 Months | Current |
| Mustafa Fakhruddin Bandookwala Also directs: Naavinya Kaya LLP | Director | 01 May 2011 | 15 Years 5 Months | Current |
| Fakhruddin Hasanbhai Bandookwala | Director | 02 Aug 1993 | 33 Years 2 Months | Current |
Auditor
Piccolo (India) Private Limited is audited by BIRJU S SHAH & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BIRJU S SHAH & ASSOCIATES | FY 2020 | 131554W |
Shareholding
The shareholding of Piccolo (India) Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Piccolo (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 1996 | 90076715 | Canara Bank | ₹2.6 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Piccolo (India) 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 Piccolo (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Piccolo (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Piccolo (India) Private Limited, buy the company report.
Recent activity
Piccolo (India) Private Limited has 3 board changes on record since 1993: 3 appointments. The latest: Mustafa Fakhruddin Bandookwala was appointed as Director on 01 May 2011.
Frequently asked questions
Piccolo (India) is an active private limited company based in Panaji, Goa, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 20 January 1983 (43+ years old) and is registered under CIN U32205GA1983PTC000519.
Piccolo (India) has 3 current directors:
- Abbasi Fakhruddin Bandookwala - Director
- Mustafa Fakhruddin Bandookwala - Director
- Fakhruddin Hasanbhai Bandookwala - Director
The latest financial statements of Piccolo (India) 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.
No. Piccolo (India) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Piccolo (India) is U32205GA1983PTC000519. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piccolo (India) was incorporated on 20 January 1983, making it 43+ years old. It is registered with the Registrar of Companies, Goa.
Mustafa Fakhruddin Bandookwala was appointed as Director on 01 May 2011. Abbasi Fakhruddin Bandookwala was appointed as Director on 04 Aug 2000. Fakhruddin Hasanbhai Bandookwala was appointed as Director on 02 Aug 1993.
The registered office of Piccolo (India) is at Flat No. 137 Casa – Del – Sol Co – Op. Housing Society 3rd Floor Opp. Goa Marriot Resort Miram, Ar, Panaji, Goa, India – 403001.
Piccolo (India) operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
Piccolo (India) has open charges of ₹2.6 Lakh and no satisfied charges on record as per latest MCA filings.