About Pitech Innovations Private Limited
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Pitech Innovations Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 04 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74110GJ2017PTC100004. Its GSTIN is 24AAJCP5588J1ZU (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhemajibhai Nagajibhai Patel and Nagajibhai Jagsibhai Chaudhari.
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 C – 12 Rajhans Fariado Township Narthan – Dandi Road Kachhol Olpad, Surat, Gujarat, India – 394540.
As per the financials filed for FY 2025, the company reported a revenue of ₹70.1 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹14.51 Lakh (net margin -20.7%) and EBITDA of -₹13.99 Lakh (EBITDA margin -20%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 22% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pipl.global.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressC – 12 Rajhans Fariado Township Narthan – Dandi Road Kachhol Olpad, Surat, Gujarat, India – 394540
- IndustryTravel and Hospitality, Consumer Professional Services
- 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
- One PDF report, delivered after checkout
Business Activity of Pitech Innovations Private Limited
The main business activity of Pitech Innovations is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Pitech Innovations Private Limited FY 2025 filings available
Pitech Innovations Private Limited reported revenue of ₹70.1 Lakh (up 1263% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Pitech Innovations Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years. EBITDA rose 3% 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 of Pitech Innovations Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹13.99 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹14.51 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 of Pitech Innovations Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -20% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -20.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Pitech Innovations are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Pitech Innovations Private Limited
Pitech Innovations Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Formulations, IT Products Retail and Distribution, Professional Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sriguru Credit Capital Services Limited | ₹70.16 Lakh (FY 2025) | •••• | •••• | 2975.0% | •••• | Mumbai, Maharashtra, India |
| Interni Instal Private Limited | ₹70.16 Lakh (FY 2024) | •••• | •••• | -53.0% | •••• | Chennai, Tamil Nadu, India |
| Triveda Fine Arts Private Limited. | ₹70.15 Lakh (FY 2019) | •••• | •••• | -56.0% | •••• | New Delhi, Delhi, India |
| Gravity Semicons Private Limited | ₹70.15 Lakh (FY 2025) | •••• | •••• | -81.0% | •••• | Faridabad, Haryana, India |
| Biozene Lab's Private Limited | ₹70.13 Lakh (FY 2025) | •••• | •••• | •••• | Indore, Madhya Pradesh, India | |
| Pitech Innovations Private Limited this company | ₹70.1 Lakh (FY 2025) | •••• | •••• | 1263.0% | •••• | Surat, Gujarat, India |
| Allcure Health Care Private Limited | ₹70.09 Lakh (FY 2025) | •••• | •••• | 364.0% | •••• | Navi Mumbai, Maharashtra, India |
| Cronus Biotech Limited | ₹70.09 Lakh (FY 2025) | •••• | •••• | -31.0% | •••• | Ahmedabad, Gujarat, India |
| Krish Merchants Private Limited | ₹70.09 Lakh (FY 2025) | •••• | •••• | -31.0% | •••• | Kolkata, West Bengal, India |
| Cyber Infotech Private Limited | ₹70.04 Lakh (FY 2024) | •••• | •••• | -44.0% | •••• | Ranchi, Jharkhand, India |
| Densitor Energy Storage Private Limited | ₹70.03 Lakh (FY 2024) | •••• | •••• | 1977.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Pitech Innovations by revenue in the Information Technology industry (Formulations, IT Products Retail and Distribution, Professional Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Pitech Innovations Private Limited
Pitech Innovations Private Limited is audited by J A P S & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J A P S & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Pitech Innovations Private Limited
Pitech Innovations has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhemajibhai Nagajibhai Patel Also directs: Auramystic Private Limited | Director | 04 Dec 2017 | 8 Years 10 Months | Current |
| Nagajibhai Jagsibhai Chaudhari | Director | 14 Aug 2024 | 2 Years 1 Months | Current |
Ownership and Shareholding of Pitech Innovations Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Pitech Innovations Private Limited
Pitech Innovations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Pitech Innovations Private Limited
Employment history and EPFO contributions of people linked to Pitech Innovations.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Pitech Innovations Private Limited
Pitech Innovations has one previous CIN (Corporate Identification Number): U29306GJ2017PTC100004. The current CIN is U74110GJ2017PTC100004, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110GJ2017PTC100004 | Current |
| U29306GJ2017PTC100004 | Previous |
Recent Activity on Pitech Innovations Private Limited
Pitech Innovations Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Leeluben Saramanbhai Odedara ceased to be Director on 17 Aug 2024.
Credit Ratings, Litigation & Regulatory Alerts for Pitech Innovations Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Pitech Innovations Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Pitech Innovations Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Pitech Innovations Private Limited
Pitech Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCP5588J1ZU | Gujarat | Active | 28 Mar 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Pitech Innovations Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Pitech Innovations Private Limited
Pitech Innovations is an active private limited company based in Surat, Gujarat, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 04 December 2017 (9+ years old) and is registered under CIN U74110GJ2017PTC100004.
Pitech Innovations reported revenue of ₹70.1 Lakh for FY 2025 (up 1263% YoY).
Pitech Innovations has 2 current directors:
- Bhemajibhai Nagajibhai Patel - Director
- Nagajibhai Jagsibhai Chaudhari - Director
Pitech Innovations reported a net loss of ₹14.51 Lakh (net margin -20.7%) and EBITDA of -₹13.99 Lakh (EBITDA margin -20%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pitech Innovations is 19% over three years and -22% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pitech Innovations is 24AAJCP5588J1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Pitech Innovations is U74110GJ2017PTC100004. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pitech Innovations was incorporated on 04 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Pitech Innovations by revenue are Sriguru Credit Capital Services Limited, Interni Instal Private Limited, Triveda Fine Arts Private Limited, Gravity Semicons Private Limited, Biozene Lab's Private Limited and 5 more, all in the Information Technology industry (Formulations, IT Products Retail and Distribution, Professional Services).
Leeluben Saramanbhai Odedara ceased to be Director on 17 Aug 2024. Nagajibhai Jagsibhai Chaudhari was appointed as Director on 14 Aug 2024. Hiteshkumar Kuvarjibhai Vaghasia ceased to be Director on 31 Mar 2021. Pitech Innovations has 4 board changes on record in total.
Yes, Pitech Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).