Piercing Systems India Private Limited - Company Profile

It is a consumer goods private limited company based in Mumbai, Maharashtra, India, established in 2008.
2008 Mumbai, Maharashtra, India Active
Last Updated:
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About Piercing Systems India Private Limited

Piercing Systems India Private Limited, a active private limited company, was established on 17 November 2008 in Mumbai, Maharashtra, India. Engaging in accessories retail & distribution within the trade sector, it holds CIN: U72900MH2008PTC188245. Registered under ROC Roc Mumbai I. it is unlisted. It has an authorized capital of ₹7.50 M and a paid-up capital of ₹5.10 M.

It upholds a compliant status. Employing 63 professional, Its leadership includes Sunita Sadashiv More (Additional Director), Mohsin Mohamedy (Whole-Time Director). Past directors included Hitesh Sohanlal Jain, Michael Reil, Mohsin Mohamedy. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at 1St Floor, Gama House, Gamdevi Road Bhandup (West), Mumbai, Maharashtra, 400078.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U72900MH2008PTC188245

  • Registration Number

    188245

  • Incorporation Date

    17 November 2008

  • Authorized Capital

    ₹7.50 M

  • Paid-Up Capital

    ₹5.10 M

  • ROC Code

    Roc Mumbai I

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 5.10 M
  • Company Age 17 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth **** 90.17%
  • Profit Growth **** 109.63%
  • Ebitda **** 124.41%
  • Net Worth 6.13%
  • Total Assets **** 37.04%
Company report

Piercing Systems India Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Piercing Systems India 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 Piercing Systems India Private Limited?
Current Directors
Name Designation Appointment Date Status
Sunita Sadashiv More Additional Director 24 Jan 2022 Current
Mohsin Mohamedy Whole-Time Director 06 Feb 2009 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 16 Mar 2009 Past
Pramod Abcsdd Additional Director 21 Sep 2012 Past
Pramod Abcsdd Additional Director 06 Aug 2009 Past
Pramod Abcsdd Director 11 Feb 2009 Past
Pramod Abcsdd Director 15 Sep 2012 Past

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Financial Performance of Piercing Systems India.

Piercing Systems India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 90.17% increase. The company also saw a substantial improvement in profitability, with a 109.63% increase in profit. The company's net worth moved up by a moderate rise of 6.13%.

Piercing Systems India revenue growth over time
Piercing Systems India profit and loss trends over time
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
  • 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
********
 90.17%
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*******
*******
Revenue from Operations
*******
 90.28%
*******
*******
*******
*******
Total Assets
*******
 37.04%
*******
*******
*******
*******
Profit or Loss
*******
 109.63%
*******
*******
*******
*******
Net Worth
*******
 6.13%
*******
*******
*******
*******
EBITDA
*******
 124.41%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Piercing Systems India?

In 2022, Piercing Systems India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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 Piercing Systems India?

Piercing Systems India has a workforce of 63 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Piercing Systems India, 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 Piercing Systems India's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
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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 Piercing Systems India
Recent Activity within the Organization
  • Annual General Meeting

    Piercing Systems India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Piercing Systems India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai I. was recorded as a recent event.

  • Director Appointment

    Progress on Sunita Sadashiv More was appointed as a Additional Director was appointed as a Additional Director on 24 Jan 2022 & has been associated with this company since 4 years 1 month . was documented.

  • Director Appointment

    Mohsin Mohamedy was appointed as a Whole-time director was appointed as a Whole-time director on 06 Feb 2009 & has been associated with this company since 17 years 1 month . was recorded as a recent event.

  • Company Incorporation

    Progress on Piercing Systems India Private Limited was registered on 17 Nov 2008 with Roc Mumbai I & aged 17 years 4 months as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Piercing Systems India Private Limited?

The CIN of Piercing Systems India Private Limited is U72900MH2008PTC188245.

Where is Piercing Systems India Private Limited headquartered?

Piercing Systems India Private Limited is headquartered at 1St Floor, Gama House, Gamdevi Road Bhandup (West), Mumbai, Maharashtra, 400078.

When was Piercing Systems India Private Limited incorporated?

Piercing Systems India Private Limited was incorporated on 17 November 2008.

Who are the current directors of Piercing Systems India Private Limited?

The current directors of Piercing Systems India Private Limited are

What is the primary industry of Piercing Systems India Private Limited?

The primary industry of Piercing Systems India Private Limited is Trade.

Is Piercing Systems India Private Limited a listed company?

Piercing Systems India Private Limited is unlisted.

What is the capital structure of Piercing Systems India Private Limited?

The authorized capital of Piercing Systems India Private Limited is ₹7.50 M, and the paid-up capital is ₹5.10 M.

What is the compliance status of Piercing Systems India Private Limited?

The compliance status of Piercing Systems India Private Limited is Compliant.

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