Picostone Technology Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Mumbai, Maharashtra, India, established in 2016.

2016 Mumbai, Maharashtra, India Active

Last Updated: January 06, 2026

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About Picostone Technology Private Limited

Picostone Technology Private Limited, a active private limited company, was established on 02 September 2016 in Mumbai, Maharashtra, India. Engaging in electronics manufacturing within the information and communication sector, it holds CIN: U72900MH2016PTC285493. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.20 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Niket Nikhil Sarvaiya (Director), Virang Ashish Jhaveri (Director), Shailesh Javerchand Jain (Director). Past directors included Nilesh Javerchand Jain. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 63, Floor 2, A & B, Municipal Industrial Estate Dainik Shivneri Marg, Worli, Mumbai, Maharashtra, 400018.

Company Details

CIN/LLPIN
U72900MH2016PTC285493
Registration Number
285493
Incorporation Date
02 September 2016
Authorized Capital
₹0.20 M
Paid-Up Capital
₹0.10 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 0.20 M as on 06-01-2026
Paid Up Capital ₹ 0.10 M as on 06-01-2026
Company Age 9 Year, 5 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** 88.65% (FY 2019)
Profit Growth **** -119.50% (FY 2019)
Ebitda **** -196.92% (FY 2019)
Net Worth -165.53% (FY 2019)
Total Assets -42.99% (FY 2019)

Comprehensive Company Insights

Explore comprehensive insights into Picostone Technology Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Picostone Technology Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Niket Nikhil Sarvaiya	Director	02 Sep 2016	Current
Virang Ashish Jhaveri	Director	02 Sep 2016	Current
Shailesh Javerchand Jain	Director	03 Dec 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	13 Nov 2022	Past

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Financial Performance of Picostone Technology.

Picostone Technology Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 88.65% increase. The company also saw a substantial fall in profitability, with a 119.5% decrease in profit. The company's net worth observed a substantial decline by a decrease of 165.53%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

88.65%

*******

Revenue from Operations

*******

87.82%

*******

Total Assets

*******

-42.99%

*******

Profit or Loss

*******

-119.50%

*******

Net Worth

*******

-165.53%

*******

EBITDA

*******

-196.92%

*******

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What is the Ownership and Shareholding Structure of Picostone Technology?

In 2024, Picostone Technology had a public holding of 17.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Picostone Technology?

Unlock and access historical data on people associated with Picostone Technology, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Picostone Technology, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Picostone Technology's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Picostone Technology

Recent Activity within the Organization

Annual General Meeting

Progress on Picostone Technology Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
30 Sep 2025
Balance Sheet

The activity Picostone Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025
Director Appointment

The activity Shailesh Javerchand Jain was appointed as a Director was appointed as a Director on 03 Dec 2022 & has been associated with this company since 3 years 2 months . was completed.
03 Dec 2022
Director Appointment

The activity Niket Nikhil Sarvaiya was appointed as a Director was appointed as a Director on 02 Sep 2016 & has been associated with this company since 9 years 5 months . was completed.
02 Sep 2016
Director Appointment

Virang Ashish Jhaveri was appointed as a Director was appointed as a Director on 02 Sep 2016 & has been associated with this company since 9 years 5 months . was recorded as a recent event.
02 Sep 2016
Company Incorporation

The activity Picostone Technology Private Limited was registered on 02 Sep 2016 with Roc Mumbai & aged 9 years 5 months as per MCA records. was completed.
02 Sep 2016

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