Startup India Government of India
Piotex Ventures Private Limited - home & lifestyle in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.37 Cr
▼ 0.31% YoY
Net profit · FY 2024
₹5.91 Lakh
Net margin 1.1%
EBITDA · FY 2024
₹43.56 Lakh
EBITDA margin 8.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹75 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
9
Provident fund records
About Piotex Ventures Private Limited
Data last updated:
Piotex Ventures Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 17 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U17299PN2020PTC194145. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Yogesh Omprakash Nimodiya and Abhay Shriram Asalkar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at F/II Block Plot No. 16/2 M.I.D.C. Pimpri, Pune, Maharashtra, India – 411018.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.37 Cr. For the same year it recorded a net profit of ₹5.91 Lakh (net margin 1.1%) and EBITDA of ₹43.56 Lakh (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 150% over three years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Piotex. As per MCA filings, the company has open charges of ₹75 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Piotex Ventures Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0069999). For more details, the company can be reached via its website piotex.in.
Company details
CIN U17299PN2020PTC194145
Registration Number 194145
Incorporation Date 17 September 2020
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-26-0069999
Recognitions & Rankings of Piotex Ventures
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0069999
Contact details
Piotex Ventures Private Limited's registered office is in Pune, Maharashtra. Its website is piotex.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressF/II Block Plot No. 16/2 M.I.D.C. Pimpri, Pune, Maharashtra, India – 411018
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Piotex Ventures Private Limited, buy the company report.
Comprehensive company report
Piotex Ventures 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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Secure checkout · GST invoice included
Business activity
The main business activity of Piotex Ventures is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Piotex Ventures Private Limited, buy the company report.
Financials of Piotex Ventures Private Limited
FY 2025 filings availablePiotex Ventures Private Limited reported revenue of ₹5.37 Cr for FY 2024.
Revenue · FY 2024
₹5.37 Cr
Net profit · FY 2024
₹5.91 Lakh margin 1.1%
EBITDA · FY 2024
₹43.56 Lakh margin 8.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 150%
EBITDA CAGR growth
1 year
▲ 387%
3 years · compounded
▲ 63%
Revenue has grown at a compounded annual rate (CAGR) of 150% over three years. EBITDA rose 387% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹5.37 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹43.56 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹5.91 Lakh | |||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 8.1% | |||
| Net Profit Margin | 1.1% | |||
| 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 Piotex Ventures Private Limited, buy the company report.
Board of directors of Piotex Ventures Private Limited
Piotex Ventures has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogesh Omprakash Nimodiya | Director | 17 Sep 2020 | 6 Years 1 Months | Current |
| Abhay Shriram Asalkar | Director | 17 Sep 2020 | 6 Years 1 Months | Current |
Auditor
Piotex Ventures Private Limited is audited by ACHYUT EKHE & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ACHYUT EKHE & CO. | FY 2024 | 114973W |
Shareholding
The shareholding of Piotex Ventures Private Limited is on record for 3 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Piotex Ventures Private Limited, buy the company report.
Charges & borrowings
Open charges
₹75 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2025 | 101089025 | Hdfc Bank Limited | ₹75 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Piotex Ventures Private Limited has 1 court case on record: 1 filed by Piotex Ventures. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against The Assistant Commissioner of Income Tax Central Circle 2(3) Pune and Ors | Pending |
To see the full case history of Piotex Ventures 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
Piotex Ventures Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 14 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Fiberplus Tex Products Private Limited |
To see the full MSME payment records of Piotex Ventures Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Piotex Ventures Private Limited has a workforce of 9 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
50%
GST
Piotex Ventures has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Piotex Ventures Private Limited, buy the company report.
Recent activity
Piotex Ventures Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Jayant Ravishankar Nagrare ceased to be Director on 04 Jan 2024.
AGM
Piotex Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Piotex Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 75.00 Lakh with Charge ID 101089025 was registered on 26 Mar 2025.
Ceased
Jayant Ravishankar Nagrare ceased to be Director.
Ceased
Laxmikant Sitaramji Rathi ceased to be Additional Director.
Appointed
Abhay Shriram Asalkar was appointed as Director.
Appointed
Yogesh Omprakash Nimodiya was appointed as Director.
Incorporation
17 Sep 2020
Piotex Ventures Private Limited was registered on 17 Sep 2020 with Roc Pune & aged 6 years 1 month as per MCA records.
Frequently asked questions
Piotex Ventures is an active private limited company based in Pune, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 17 September 2020 (6+ years old) and is registered under CIN U17299PN2020PTC194145.
Piotex Ventures has 2 current directors:
- Yogesh Omprakash Nimodiya - Director
- Abhay Shriram Asalkar - Director
The latest financial statements of Piotex Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
No. Piotex Ventures has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Piotex Ventures is U17299PN2020PTC194145. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piotex Ventures has 1 court case on record: 1 filed by the company. 1 is pending.
Piotex Ventures was incorporated on 17 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
Jayant Ravishankar Nagrare ceased to be Director on 04 Jan 2024. Laxmikant Sitaramji Rathi ceased to be Additional Director on 30 Sep 2022. Abhay Shriram Asalkar was appointed as Director on 17 Sep 2020. Piotex Ventures has 4 board changes on record in total.
Yes, Piotex Ventures is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Piotex Ventures is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0069999).
Piotex Ventures has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 14 overdue payments to 3 micro and small suppliers. The latest return was filed on 30 Apr 2024.