Pitti Industries Private Limited Company Logo

Pitti Industries Private Limited - Company Profile

It is a machinery and equipment private limited company based in Tumakuru, Karnataka, India, established in 2006.

2006 | Tumakuru, Karnataka, India | Active
Last Updated:

About Pitti Industries Private Limited

Pitti Industries Private Limited, a active private limited company, was established on 19 January 2006 in Tumakuru, Karnataka, India. Engaging in industrial tools & components within the manufacturing sector, it holds CIN: U31200KA2006PTC038273. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹3.09 Cr.

Formerly known as Ivy Michigan Technologies Private Limited. It upholds a compliant status. Employing 338 professional, Its leadership includes Yogender Bahadur Sahgal (Director), Akshay Sharad Pitti (Director), Chaitra Sundaresh (Managing Director). Past directors included Akshay Sharad Pitti, Ronak Suresh Bagadia, Gaurav Rajanikanth Bagadia. It holds ₹100.00 Cr open charges and ₹198.48 Cr settled loans. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No.7 & 8, Kiadb Industrial Area, Vasanthanarasapura Ii Phase,Yalladaddlu,, Kora Hobli, Tumakuru, Karnataka, 572128.

Company Details

  • CIN/LLPIN

    U31200KA2006PTC038273

  • Registration Number

    038273

  • Incorporation Date

    19 January 2006

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹3.09 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.09 Cr
  • Company Age 19 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 100.00 Cr
  • Satisfied Charges ₹ 198.48 Cr
  • Revenue Growth 11.52%
  • Profit Growth -38.96%
  • Ebitda -6.49%
  • Net Worth 24.58%
  • Total Assets -10.83%
Company report

Pitti Industries Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Pitti Industries 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 Pitti Industries Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Yogender Bahadur SahgalDirector06 May 2024Current
Akshay Sharad PittiDirector06 May 2024Current
Chaitra SundareshManaging Director19 Jan 2006Current
Sandip AgarwalaDirector06 May 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector11 Nov 2024Past
Pramod AbcsddWhole-Time Director06 May 2024Past
Pramod AbcsddDirector28 Oct 2020Past

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Financial Performance of Pitti Industries.

Pitti Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.52% increase. The company also saw a substantial fall in profitability, with a 38.96% decrease in profit. The company's net worth Soared by an impressive increase of 24.58%.

Pitti Industries revenue growth over time
Pitti Industries profit and loss trends over time
  • 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
11.52%
Revenue from Operations
11.38%
Total Assets
-10.83%
Profit or Loss
-38.96%
Net Worth
24.58%
EBITDA
-6.49%

What is the Ownership and Shareholding Structure of Pitti Industries?

In 2023, Pitti Industries 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 Indicator graph

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Charges (Loans)

Open Charges

₹1,000,000,000.00

Satisfied Charges

₹1,984,759,000.00

Charges Breakdown by Lending Institutions

  • Others : 102.00 Cr
  • Axis Bank Limited : 48.08 Cr
  • Yes Bank Limited : 26.60 Cr
  • Tata Capital Financial Services Limited : 15.00 Cr
  • Bank Of India : 6.80 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jul 2024Others₹100.00 CrSatisfied
24 Dec 2023Others₹2.00 CrSatisfied
24 Dec 2021Yes Bank Limited₹11.80 CrSatisfied
21 Dec 2021Yes Bank Limited₹4.80 CrSatisfied
30 Mar 2021Tata Capital Financial Services Limited₹3.00 CrSatisfied

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How Many Employees Work at Pitti Industries?

Pitti Industries has a workforce of 338 employees as of May 17, 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 growth trends for Pitti Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pitti Industries, 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 Pitti Industries'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.

Latest Updates, News, and FAQs on Pitti Industries

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Pitti Industries Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was documented.

  • Director Appointment

    The activity Nishitha Agarwal was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jul 2025 & has been associated with this company since 4 months 26 days . was completed.

  • Balance Sheet

    The activity Pitti Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.

  • Charges

    Progress on A charge registered on 04 Jul 2024 via Charge ID 100950098 with Others was fully satisfied on 20 Mar 2025. was documented.

  • Charges

    Progress on A charge registered on 30 Mar 2021 via Charge ID 100434202 with Tata Capital Financial Services Limited was fully satisfied on 22 Jul 2024. was documented.

  • Charges

    Progress on A charge registered on 21 Dec 2021 via Charge ID 100526806 with Yes Bank Limited was fully satisfied on 19 Jul 2024. was documented.

Frequently Asked Questions

  • What is the CIN of Pitti Industries Private Limited?

    The CIN of Pitti Industries Private Limited is U31200KA2006PTC038273.

  • Where is Pitti Industries Private Limited headquartered?

    Pitti Industries Private Limited is headquartered at Plot No.7 & 8, Kiadb Industrial Area, Vasanthanarasapura Ii Phase,Yalladaddlu,, Kora Hobli, Tumakuru, Karnataka, 572128.

  • When was Pitti Industries Private Limited incorporated?

    Pitti Industries Private Limited was incorporated on 19 January 2006.

  • Who are the current directors of Pitti Industries Private Limited?

    The current directors of Pitti Industries Private Limited are

  • What is the primary industry of Pitti Industries Private Limited?

    The primary industry of Pitti Industries Private Limited is Manufacturing.

  • Is Pitti Industries Private Limited a listed company?

    Pitti Industries Private Limited is unlisted.

  • What is the capital structure of Pitti Industries Private Limited?

    The authorized capital of Pitti Industries Private Limited is ₹5.00 Cr, and the paid-up capital is ₹3.09 Cr.

  • What is the compliance status of Pitti Industries Private Limited?

    The compliance status of Pitti Industries Private Limited is Compliant.

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