Pious Engineering Private Limited
About Pious Engineering Private Limited
Data last updated:
Pious Engineering Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 02 August 1996.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U29200MH1996PTC101573. Its GSTIN is 27AAACP8318D2ZJ (Maharashtra). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹40 Lakh and a paid-up capital of ₹36 Lakh. It was led by directors Vijay Bhalchandra Palkar and Bharati Vijay Palkar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Plot 73 Laxmi Terrace Ranade Road Shivaji Park Dadar West, Mumbai, Maharashtra, India – 400028.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.9 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹17.04 Lakh (net margin 5.9%) and EBITDA of ₹23.53 Lakh (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years and 38% over five years.
As per MCA filings, the company had satisfied charges of ₹3.51 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Company details
Contact details
Pious Engineering Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot 73 Laxmi Terrace Ranade Road Shivaji Park Dadar West, Mumbai, Maharashtra, India – 400028
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Pious Engineering 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
Business activity
The main business activity of Pious Engineering is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Pious Engineering Private Limited, buy the company report.
Financials of Pious Engineering Private Limited
FY 2024 filings availablePious Engineering Private Limited reported revenue of ₹2.9 Cr (down 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 38%. EBITDA fell 81% 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 | FY 2019-20 |
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| EBITDA | ₹23.53 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹17.04 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.1% | ||||
| Net Profit Margin | 5.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Pious Engineering Private Limited, buy the company report.
Board of directors of Pious Engineering Private Limited
Pious Engineering has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Bhalchandra Palkar Also directs: Indo Amines Limited, Palkar Farms Private Limited, Versatile Specialty Chemicals Limited and 5 more | Director | 08 May 2018 | 8 Years 6 Months | As last reported |
| Bharati Vijay Palkar Also directs: Indo Amines Limited, Palkar Farms Private Limited, Versatile Specialty Chemicals Limited and 5 more | Director | 08 May 2018 | 8 Years 6 Months | As last reported |
Auditor
Pious Engineering Private Limited is audited by Mhanayare & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mhanayare & Co | FY 2022 | 177177 |
Shareholding
The shareholding of Pious Engineering Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pious Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2018 | 100202209 | Axis Bank Limited | ₹2 Cr | Satisfied | |
| 11 Jan 2008 | 10102341 | Syndicate Bank | ₹7.67 Lakh | Satisfied | |
| 03 Nov 2006 | 10033512 | Syndicate Bank | ₹1.2 Cr | Satisfied | |
| 14 Jul 1999 | 90157220 | Syndicate Bank | ₹5 Lakh | Satisfied | |
| 30 Jan 1999 | 90157072 | Syndicate Bank | ₹18 Lakh | Satisfied |
To see the full charge records of Pious Engineering Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Pious Engineering Private Limited has 3 court cases on record: 2 filed by Pious Engineering, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (COMP.APPL) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Shree Balaji Enterprises Through Dipesh Ajit Sayla | Disposed |
To see the full case history of Pious Engineering 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 Pious Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pious Engineering Private Limited has 1 active EPFO establishment as of Mar 24, 2024.
GST
Pious Engineering has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP8318D2ZJ | Maharashtra | Active | 12 Jul 2018 |
To see the full GST registrations and return filing status of Pious Engineering Private Limited, buy the company report.
Recent activity
Pious Engineering Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Amish Suresh Shah ceased to be Director on 25 Aug 2018.
8 earlier events are in the company report.
Frequently asked questions
Pious Engineering has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Pious Engineering was a private limited company based in Mumbai, Maharashtra, India. The company worked in industrial tools and components, within the machinery and equipment industry. It was incorporated on 02 August 1996 and is registered under CIN U29200MH1996PTC101573. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Pious Engineering was incorporated on 02 August 1996. It is registered with the Registrar of Companies, Mumbai.
Pious Engineering had 2 directors:
- Vijay Bhalchandra Palkar - Director
- Bharati Vijay Palkar - Director
The CIN (Corporate Identification Number) of Pious Engineering is U29200MH1996PTC101573. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Pious Engineering is at Plot 73 Laxmi Terrace Ranade Road Shivaji Park Dadar West, Mumbai, Maharashtra, India – 400028.
The latest financial statements of Pious Engineering on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Pious Engineering is 27AAACP8318D2ZJ, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Pious Engineering operated in the machinery and equipment industry, in the industrial tools and components segment.
Pious Engineering has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the nclt.
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