Pitel Engineering Private Limited - Company Profile

It is a information technology private limited company based in Mumbai, Maharashtra, India, established in 1996.
1996 Mumbai, Maharashtra, India Active
Last Updated:
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About Pitel Engineering Private Limited

Pitel Engineering Private Limited, a active private limited company, was established on 24 October 1996 in Mumbai, Maharashtra, India. Engaging in it consulting & support services within the professional, scientific and technical sector, it holds CIN: U29299MH1996PTC103478. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.50 M.

It upholds a compliant status. Its leadership includes Vijay Suresh Joshi (Director), Suresh Laxman Joshi (Director). Past directors included Ruma Basu, Parimal Kumar Basu, Jhankar Parimal Basu. It holds no open charges and ₹4.29 Cr settled loans. Its latest AGM occurred on 22 September 2025, with the balance sheet filed on 31 March 2025. It is based at Plot Nos. A 254 - 259 & A 283. Road No. 30A, Wagle Industrial Estate, Thane West, Mumbai, Maharashtra, 400604.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U29299MH1996PTC103478

  • Registration Number

    103478

  • Incorporation Date

    24 October 1996

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.50 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 29 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 4.29 Cr
  • Revenue Growth **** -39.99%
  • Profit Growth **** 36.16%
  • Ebitda **** -118.57%
  • Net Worth 9.94%
  • Total Assets **** 10.47%
Company report

Pitel Engineering Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Pitel Engineering 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 Pitel Engineering Private Limited?
Current Directors
Name Designation Appointment Date Status
Vijay Suresh Joshi Director 16 Jul 2010 Current
Suresh Laxman Joshi Director 16 Jul 2010 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Whole-Time Director 30 Jul 2009 Past
Pramod Abcsdd Whole-Time Director 30 Sep 2021 Past
Pramod Abcsdd Director 31 Oct 2015 Past
Pramod Abcsdd Nominee Director 08 Sep 2014 Past
Pramod Abcsdd Nominee Director 30 Sep 2021 Past
Pramod Abcsdd Managing Director 14 Feb 2013 Past

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Financial Performance of Pitel Engineering.

Pitel Engineering Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 39.99% decrease. The company also saw a substantial improvement in profitability, with a 36.16% increase in profit. The company's net worth moved up by a moderate rise of 9.94%.

Pitel Engineering revenue growth over time
Pitel Engineering 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
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 -39.99%
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Revenue from Operations
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*******
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*******
*******
Total Assets
*******
 10.47%
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*******
*******
*******
Profit or Loss
*******
 36.16%
*******
*******
*******
*******
Net Worth
*******
 9.94%
*******
*******
*******
*******
EBITDA
*******
 -118.57%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Pitel Engineering?

In 2021, Pitel Engineering 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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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹42,895,000.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 4.00 Cr
  • Union Bank Of India : 0.29 Cr
Latest Charge Details
Date Lender Amount Status
29 Sep 2015 Canara Bank ₹2.00 Cr Satisfied
07 Nov 2013 Canara Bank ₹2.00 Cr Satisfied
12 Sep 2006 Union Bank Of India ₹2.90 M Satisfied

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How Many Employees Work at Pitel Engineering?

Pitel Engineering has a workforce of 0 employees as of Apr 09, 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 Pitel Engineering, 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 Pitel Engineering'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
Alert Indicator

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 Pitel Engineering
Recent Activity within the Organization
  • Annual General Meeting

    Pitel Engineering Private Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Pitel Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.

  • Charges

    A charge registered on 29 Sep 2015 via Charge ID 10598922 with Canara Bank was fully satisfied on 16 Mar 2016. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 07 Nov 2013 via Charge ID 10463090 with Canara Bank was fully satisfied on 13 Oct 2015. was documented.

  • Charges

    A charge with Canara Bank amounted to Rs. 20.00 M with Charge ID 10598922 was registered on 29 Sep 2015. was recorded as a recent event.

  • Charges

    The activity A charge with Canara Bank amounted to Rs. 20.00 M with Charge ID 10463090 was registered on 07 Nov 2013. was completed.

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Frequently Asked Questions
What is the CIN of Pitel Engineering Private Limited?

The CIN of Pitel Engineering Private Limited is U29299MH1996PTC103478.

Where is Pitel Engineering Private Limited headquartered?

Pitel Engineering Private Limited is headquartered at Plot Nos. A 254 - 259 & A 283. Road No. 30A, Wagle Industrial Estate, Thane West, Mumbai, Maharashtra, 400604.

When was Pitel Engineering Private Limited incorporated?

Pitel Engineering Private Limited was incorporated on 24 October 1996.

Who are the current directors of Pitel Engineering Private Limited?

The current directors of Pitel Engineering Private Limited are

What is the primary industry of Pitel Engineering Private Limited?

The primary industry of Pitel Engineering Private Limited is Professional, Scientific And Technical.

Is Pitel Engineering Private Limited a listed company?

Pitel Engineering Private Limited is unlisted.

What is the capital structure of Pitel Engineering Private Limited?

The authorized capital of Pitel Engineering Private Limited is ₹0.50 M, and the paid-up capital is ₹0.50 M.

What is the compliance status of Pitel Engineering Private Limited?

The compliance status of Pitel Engineering Private Limited is Compliant.

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