About Pik Resource India Private Limited
Data last updated:
Pik Resource India Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the office and school supplies segment of the education sector. It was incorporated on 31 December 1998.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH1998PTC117707. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.6 Cr. It was formerly known as Pikpens Private Limited. It is led by directors including Rajiv Rameshkumar Sawhney (Managing Director) and Krishna Chamadia (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at F 99 North Bombay Chs Ltd Juhu Juhutara Road Vileparle (West), Mumbai, Maharashtra, India – 400049.
As per the financials filed for FY 2018, the company reported a revenue of ₹13.78 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹4.78 Cr (net margin -34.7%) and EBITDA of ₹6.17 Lakh (EBITDA margin 0.4%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹45.38 Cr and satisfied charges of ₹8 Cr on record. Court records list 144 cases involving the company, including 73 filed by the company and 71 filed against it; 3 cases are pending.
The last known website on record is colorpik.in.
Company details
Name history
Pik Resource India has undergone 4 name changes throughout its history. The current legal name is Pik Resource India Private Limited.
| Company Name | Status |
|---|---|
| Pik Resource India Private Limited | Current |
| Pikpens Private Limited | Previous |
| Pik Studios Private Limited | Previous |
| Pik Pen Private Limited | Previous |
CIN history
Pik Resource India has one previous CIN (Corporate Identification Number): U36991MH1998PTC117707. The current CIN is U74110MH1998PTC117707, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH1998PTC117707 | Current |
| U36991MH1998PTC117707 | Previous |
Contact details
Pik Resource India Private Limited's registered office is in Mumbai, Maharashtra. Its website is colorpik.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressF 99 North Bombay Chs Ltd Juhu Juhutara Road Vileparle (West), Mumbai, Maharashtra, India – 400049
- IndustryEducation, Office & School Supplies
To see the full contact details of Pik Resource 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 Pik Resource India Private Limited
FY 2018 filings availablePik Resource India Private Limited reported revenue of ₹13.78 Cr (down 27% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over three years, including a 27% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹13.78 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹6.17 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹4.78 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.4% | |||
| Net Profit Margin | -34.7% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| 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 Pik Resource India Private Limited, buy the company report.
Board of directors of Pik Resource India Private Limited
Pik Resource India has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Chamadia Also directs: Keybridge Partners LLP, KSC Advisory Private Limited | Irp/Rp/Liquidator | 16 Oct 2024 | 2 Years 0 Months | As last reported |
| Umesh Yashwant Kedar | Director | 07 Feb 2018 | 8 Years 8 Months | As last reported |
| Rajiv Rameshkumar Sawhney | Managing Director | 01 Apr 1999 | 27 Years 7 Months | As last reported |
| Manish Sukhani Also directs: Sukhani's Kitchen LLP, 28Maei Professionals & Advisors LLP | Irp/Rp/Liquidator | 15 May 2023 | 3 Years 5 Months | As last reported |
Auditor
Pik Resource India Private Limited is audited by S G C O & Co. LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S G C O & Co. LLP | FY 2018 | 112081W/W100184 |
Shareholding
The shareholding of Pik Resource India Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Pik Resource India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Dec 2009 | 10192452 | Bank of Baroda | ₹14.7 Lakh | Open | |
| 07 Apr 2005 | 90154093 | Bank of Baroda | ₹2.27 Cr | Open | |
| 05 Aug 2002 | 90153911 | Bank of Baroda | ₹1.25 Cr | Open | |
| 20 Dec 2001 | 90153868 | Bank of Baroda | ₹17.5 Lakh | Open | |
| 03 Jun 1999 | 80002415 | Bank of Baroda | ₹19.48 Cr | Open |
To see the full charge records of Pik Resource India Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Pik Resource India Private Limited has 144 court cases on record: 73 filed by Pik Resource India, 71 filed against it. 3 cases are pending and 141 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 79 | 6 | 0 |
| District courts | 65 | 65 | 3 |
Cases on record (5 of 144)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Criminal miscellaneous application | Filed against the company by M/S Gakhar Sales Pvt Ltd | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed against the company by M/S Gakhar Sales Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY) | Filed against the company by an individual | Pending |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed against the company by State of Karnataka, Legal Metrology Officer, Gokak Sub Division, Gokak | Pending |
| District court, Nandurbar, Maharashtra | Civil suit | Filed against the company by State of Maharashtra Thorugh Vinod Pandurang Sabhadinde | Pending |
To see the full case history of Pik Resource India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pik Resource India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pik Resource India Private Limited has a workforce of 10 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Pik Resource India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Pik Resource India Private Limited, buy the company report.
Recent activity
Pik Resource India Private Limited has 7 board changes on record since 1999: 4 appointments and 3 cessations. The latest: Krishna Chamadia was appointed as Irp/Rp/Liquidator on 16 Oct 2024.
13 earlier events are in the company report.
Frequently asked questions
Pik Resource India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Pik Resource India is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in office and school supplies, within the education industry. It was incorporated on 31 December 1998 and is registered under CIN U74110MH1998PTC117707. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Pik Resource India has 4 current directors:
- Rajiv Rameshkumar Sawhney - Managing Director
- Umesh Yashwant Kedar - Director
- Krishna Chamadia - Irp/Rp/Liquidator
- Manish Sukhani - Irp/Rp/Liquidator
The latest financial statements of Pik Resource India on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Pik Resource India is U74110MH1998PTC117707. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pik Resource India has open charges of ₹45.38 Cr and satisfied charges of ₹8 Cr as per latest MCA filings.
Pik Resource India has 144 court cases on record: 73 filed by the company and 71 filed against it. 3 are pending. Most are in the high courts.
Pik Resource India was incorporated on 31 December 1998. It is registered with the Registrar of Companies, Mumbai.
Krishna Chamadia was appointed as Irp/Rp/Liquidator on 16 Oct 2024. Manish Sukhani was appointed as Irp/Rp/Liquidator on 15 May 2023. Umesh Yashwant Kedar ceased to be Additional Director on 29 Sep 2018. Pik Resource India has 7 board changes on record in total.
Pik Resource India can be reached through the website colorpik.in. Its registered office is in Mumbai, Maharashtra, India.
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