Pico Capital Private Limited

Pico Capital Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U65100MH1996PTC102346 Incorporated 04 September 1996 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2024
₹30.01 Cr
▲ 6.00% YoY
EBITDA · FY 2024
*****
▲ 8.00% YoY
Net profit · FY 2024
*****
▼ 8.00% YoY
Authorised capital
₹2.3 Cr
Registered with MCA
Paid-up capital
₹1.27 Cr
Issued & subscribed
Open charges
None
Satisfied ₹32.48 Lakh
Company age
30 yrs
Est. 1996
Employees · EPFO
7
Latest available

About Pico Capital Private Limited

Data last updated: 05 January 2026

Pico Capital Private Limited is a private limited company based in Mumbai, Maharashtra, India. It specialises in investment and credit NBFC, a part of the broader financial services sector. Incorporated on 04 September 1996, the company has been in operation for over 30 years.

Registered with ROC Mumbai under CIN U65100MH1996PTC102346.

Capital: an authorised share capital of ₹2.3 Cr and a paid-up capital of ₹1.27 Cr. Formerly known as Veer Mercantile Private Limited. It is led by directors including Shilpa Ajay Bhartiya and Aarti Rahul Chhabria.

Last AGM: 18 September 2024. Financial statements filed for year ended 31 March 2024. Office: Bombay Cotton Mills Compounddattaramlad Kalachowky, Mumbai, Maharashtra, India – 400033.

As per the financials filed for FY 2024, the company reported a revenue of ₹30.01 Cr, a growth of 6% compared to the previous year.

The company has a workforce of approximately 7 employees as per the latest available data. Its group structure includes 1 subsidiary.

The company is associated with 1 brand - Pico Capital. As per MCA filings, the company has satisfied charges of ₹32.48 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website picocap.in.

Company Details of Pico Capital Private Limited
CIN U65100MH1996PTC102346
Registration Number 102346
Incorporation Date 04 September 1996
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
  • Registered Address
    Bombay Cotton Mills Compounddattaramlad Kalachowky, Mumbai, Maharashtra, India – 400033
  • Industry
    Financial Services, Investment & Credit NBFC, NBFC
Company report
Pico Capital Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Pico Capital Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Pico Capital Private Limited

Pico Capital Private Limited has one previous CIN (Corporate Identification Number): U26933MH1996PTC102346. The current CIN is U65100MH1996PTC102346, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U65100MH1996PTC102346 Current
U26933MH1996PTC102346 Previous

Associated Brands with Pico Capital Private Limited

Pico Capital Private Limited operates one associated brand: Pico Capital. These brands represent Pico Capital Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Investment management services across financial asset classes, including equity, real estate, and renewable energy. picocap.in

Business Activity of Pico Capital Private Limited

Pico Capital Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
K Financial and insurance Service K8 Other financial activities *********

Auditor Details of Pico Capital Private Limited

Pico Capital Private Limited is audited by Todarwal & Todarwal for the financial year 2020. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Todarwal & Todarwal blur-value blur-value blur-value

Board of Directors of Pico Capital Private Limited

Pico Capital Private Limited is currently managed by 3 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Shilpa Ajay Bhartiya Director 04 Sep 1996 29 Years 10 Months Current
Aarti Rahul Chhabria Managing Director 16 Mar 2020 6 Years 3 Months Current
Ajay Girdharilal Bhartiya Director 04 Sep 1996 29 Years 10 Months Current

Financials of Pico Capital Private Limited FY 2024 filings available

Pico Capital Private Limited reported revenue of ₹30.01 Cr (up 6% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹30.01 Cr ▲ 6%
Profit
***** ▼ -8%
EBITDA
***** ▲ 8%
Metrics
*****
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Revenue
Revenue from Operations
*****
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Revenue Growth %
*****
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Other Income
*****
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Total Revenue
*****
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Expenses
Total Expenses
*****
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Raw Material Cost
*****
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
*****
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Profitability
EBITDA (Operating Profit)
*****
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Operating Margin %
*****
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
*****
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Profit Before Tax
*****
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
*****
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
*****
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Leverage
Equity Multiplier
*****
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Debt / EBITDA
*****
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Solvency
D/E Ratio
*****
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ICR
*****
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*****

Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Pico Capital Private Limited

As of FY 2023, Pico Capital Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Group Structure of Pico Capital Private Limited

Pico Capital Private Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Pico Capital Private Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Maya Entertainment Studios Private Limited U92100MH2004PTC150019
**.**%

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Pico Capital Private Limited

Open charges
₹0
Satisfied charges
₹32.48 Lakh
Breakdown by lending institutions
Bank of Maharashtra₹0.30 Cr
Apna Sahkari Bank Ltd.₹0.02 Cr
Latest charge details
DateLenderAmountStatus
25 Apr 1994 Bank of Maharashtra ₹30 Lakh Satisfied
12 Aug 1986 Apna Sahkari Bank Ltd. ₹2.48 Lakh Satisfied

Total charge records: 2 View all charges

Employees and EPFO Compliance at Pico Capital Private Limited

Pico Capital Private Limited has a workforce of 7 employees as of Apr 07, 2024.

Employee count
7
Active EPFO establishments
1
Employee growth
16.67%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Pico Capital Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Pico Capital Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Pico Capital Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Pico Capital Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Pico Capital Private Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Pico Capital Private Limited

MSME Payment Delays by Pico Capital Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Pico Capital Private Limited

Subsidiaries & Group Companies of Pico Capital Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Pico Capital Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Pico Capital Private Limited

MCA Filings & Documents of Pico Capital Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Pico Capital Private Limited

Activity
18 Sep 2024
Pico Capital Private Limited last Annual general meeting of members was held on 18 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Pico Capital Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
16 Nov 2023
A charge registered on 25 Apr 1994 via Charge ID 90233995 with Bank Of Maharashtra was fully satisfied on 16 Nov 2023.
Charges
14 Jul 2023
A charge registered on 12 Aug 1986 via Charge ID 90233376 with Apna Sahkari Bank Ltd. was fully satisfied on 14 Jul 2023.
Directors
16 Mar 2020
Aarti Rahul Chhabria was appointed as a Managing Director on 16 Mar 2020 & has been associated with this company since 6 years 3 months.
Directors
04 Sep 1996
Shilpa Ajay Bhartiya was appointed as a Director on 04 Sep 1996 & has been associated with this company since 29 years 10 months.

Frequently Asked Questions about Pico Capital Private Limited

Pico Capital Private Limited is an active private limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 04 September 1996 (30+ years old) and is registered under CIN U65100MH1996PTC102346. The company has 7 employees.

Pico Capital Private Limited reported revenue of ₹30.01 Cr for FY 2024 (up 6.00% YoY).

The current directors of Pico Capital Private Limited are:

The primary industry of Pico Capital Private Limited is financial services. The company specifically operates in investment and credit nbfc. The company is currently active in this sector.

Pico Capital Private Limited can be reached at the registered office: Bombay Cotton Mills Compounddattaramlad Kalachowky, Mumbai, Maharashtra, India – 400033, or through the website picocap.in.

The authorised capital is ₹2.3 Cr, and the paid-up capital is ₹1.27 Cr.

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