MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-03-0094591
Pie Bags Private Limited
Pie Bags Private Limited - home & lifestyle in Paramathi Velur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹5.71 Cr
▲ 34% YoY
Net profit · FY 2022
₹29,000
Net margin 0.1%
EBITDA · FY 2022
₹1.36 Lakh
EBITDA margin 0.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Pie Bags Private Limited
Data last updated:
Pie Bags Private Limited is a private limited company based in Paramathi Velur, Tamil Nadu, India. It operates in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 05 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U25111TZ2018PTC031068. Its GSTIN is 33AAKCP1312R1Z8 (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Palanisamy Vigneshwar and Rakeshkannan Chinnasamy.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 6/203 Pulavankadu Thottam Kumarasamy Palayam Periyasolipalayam(Po), Paramathi Velur, Tamil Nadu, India – 637204.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.71 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹29,000 (net margin 0.1%) and EBITDA of ₹1.36 Lakh (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 258% over three years.
Pie Bags Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0094591).
Company details
CIN U25111TZ2018PTC031068
Registration Number 031068
Incorporation Date 05 October 2018
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
MSME Classification Micro
Udyam Registration UDYAM-TN-03-0094591
Recognitions & Rankings of Pie Bags
Contact details
Pie Bags Private Limited's registered office is in Paramathi Velur, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address6/203 Pulavankadu Thottam Kumarasamy Palayam Periyasolipalayam(Po), Paramathi Velur, Tamil Nadu, India – 637204
- IndustryHome & Lifestyle, Lifestyle Products & Accessories Manufacturing
To see the full contact details of Pie Bags Private Limited, buy the company report.
Comprehensive company report
Pie Bags 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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Business activity
The main business activity of Pie Bags is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Pie Bags Private Limited, buy the company report.
Financials of Pie Bags Private Limited
FY 2022 filings availablePie Bags Private Limited reported revenue of ₹5.71 Cr (up 34% YoY) for FY 2022.
Revenue · FY 2022
₹5.71 Cr ▲ 34%
Net profit · FY 2022
₹29,000 margin 0.1%
EBITDA · FY 2022
₹1.36 Lakh margin 0.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 258%
EBITDA CAGR growth
1 year
▲ 454%
3 years · compounded
▲ 86%
Revenue has grown at a compounded annual rate (CAGR) of 258% over three years, including 34% growth in the latest year. EBITDA rose 454% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Revenue from Operations | ||||
| Other Income | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | ₹1.36 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹29,000 | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
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| Long-term Borrowings | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.2% | |||
| Net Profit Margin | 0.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| 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 Pie Bags Private Limited, buy the company report.
Board of directors of Pie Bags Private Limited
Pie Bags has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palanisamy Vigneshwar | Director | 05 Oct 2018 | 8 Years 1 Months | Current |
| Rakeshkannan Chinnasamy | Director | 05 Oct 2018 | 8 Years 1 Months | Current |
Peer comparison
Pie Bags Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Lifestyle and Accessories Manufacturers), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Square Mango Innovations Private Limited | ₹5.74 Cr (FY 2024) | -17.0% | Mumbai, Maharashtra, India | |||
| Pie Bags Private Limitedthis company | ₹5.71 Cr (FY 2022) | ₹29,000 | 0.1% | 34.0% | Paramathi Velur, Tamil Nadu, India | |
| Kwality Zippers Private Limited | ₹5.56 Cr (FY 2023) | -36.0% | Uttar Pradesh, India | |||
| Provogue (India) Private Limited | ₹5.45 Cr (FY 2025) | -32.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Pie Bags Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Pie Bags 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 Pie Bags Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pie Bags has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCP1312R1Z8 | Tamil Nadu | Active | 08 Nov 2018 |
To see the full GST registrations and return filing status of Pie Bags Private Limited, buy the company report.
Recent activity
Pie Bags Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Abinaya Ramasamy ceased to be Director on 06 Oct 2022.
Ceased
Abinaya Ramasamy ceased to be Director.
AGM
Pie Bags Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Pie Bags Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Coimbatore.
Appointed
Palanisamy Vigneshwar was appointed as Director.
Appointed
Rakeshkannan Chinnasamy was appointed as Director.
Incorporation
05 Oct 2018
Pie Bags Private Limited was registered on 05 Oct 2018 with Roc Coimbatore & aged 8 years 1 month as per MCA records.
Frequently asked questions
Pie Bags is an active private limited company based in Paramathi Velur, Tamil Nadu, India. The company works in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 05 October 2018 (8+ years old) and is registered under CIN U25111TZ2018PTC031068.
Pie Bags has 2 current directors:
- Palanisamy Vigneshwar - Director
- Rakeshkannan Chinnasamy - Director
The latest financial statements of Pie Bags on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Pie Bags is 33AAKCP1312R1Z8, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Pie Bags is U25111TZ2018PTC031068. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pie Bags was incorporated on 05 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Pie Bags by revenue are Square Mango Innovations Private Limited, Kwality Zippers Private Limited, Provogue (India) Private Limited, all in the Consumer Products industry (Lifestyle and Accessories Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Abinaya Ramasamy ceased to be Director on 06 Oct 2022. Palanisamy Vigneshwar was appointed as Director on 05 Oct 2018. Rakeshkannan Chinnasamy was appointed as Director on 05 Oct 2018.
Yes, Pie Bags is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-03-0094591).
The registered office of Pie Bags is at 6203 Pulavankadu Thottam Kumarasamy Palayam PeriyasolipalayamPo, Paramathi Velur, Tamil Nadu, India – 637204.
Pie Bags operates in the home and lifestyle industry, in the lifestyle products and accessories manufacturing segment.
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