Pitti Industries Private Limited - Company Profile

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

2006 Nampally, Telangana, India Active

Last Updated: January 11, 2026

About Pitti Industries Private Limited

Pitti Industries Private Limited, a active private limited company, was established on 19 January 2006 in Nampally, Telangana, India. Engaging in industrial tools & components within the manufacturing sector, it holds CIN: U31200TS2006PTC208072. Registered under ROC Roc Hyderabad. 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 Ivth Floor, Padmaja Landmark,, 6-3-648/401, Somajiguda, Hyderabad, Nampally, Telangana, 500082.

Company Details

CIN/LLPIN
U31200TS2006PTC208072
Registration Number
208072
Incorporation Date
19 January 2006
Authorized Capital
₹5.00 Cr
Paid-Up Capital
₹3.09 Cr
ROC Code
Roc Hyderabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 5.00 Cr as on 11-01-2026
Paid Up Capital ₹ 3.09 Cr as on 11-01-2026
Company Age 20 Year, 1 Month
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 100.00 Cr as on 11-01-2026
Satisfied Charges ₹ 198.48 Cr as on 11-01-2026

Comprehensive Company Insights

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Who are the key members and board of directors at Pitti Industries Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Yogender Bahadur Sahgal	Director	06 May 2024	Current
Akshay Sharad Pitti	Director	06 May 2024	Current
Chaitra Sundaresh	Managing Director	19 Jan 2006	Current
Sandip Agarwala	Director	06 May 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	11 Nov 2024	Past
Pramod Abcsdd	Whole-Time Director	06 May 2024	Past
Pramod Abcsdd	Director	28 Oct 2020	Past

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Financial Performance of Pitti Industries.

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

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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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Revenue from Operations

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Total Assets

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Profit or Loss

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Net Worth

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EBITDA

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What is the Ownership and Shareholding Structure of Pitti Industries?

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Shareholding Pattern (FY 2024)

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

₹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

Date	Lender	Amount	Status
04 Jul 2024	Others	₹100.00 Cr	Satisfied
24 Dec 2023	Others	₹2.00 Cr	Satisfied
24 Dec 2021	Yes Bank Limited	₹11.80 Cr	Satisfied
21 Dec 2021	Yes Bank Limited	₹4.80 Cr	Satisfied
30 Mar 2021	Tata Capital Financial Services Limited	₹3.00 Cr	Satisfied

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How Many Employees Work at Pitti Industries?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Pitti Industries

Recent Activity within the Organization

Annual General Meeting

The activity Pitti Industries Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was completed.
25 Sep 2025
Balance Sheet

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

The activity A charge registered on 04 Jul 2024 via Charge ID 100950098 with Others was fully satisfied on 20 Mar 2025. was completed.
20 Mar 2025
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.
22 Jul 2024
Charges

The activity A charge registered on 21 Dec 2021 via Charge ID 100526806 with Yes Bank Limited was fully satisfied on 19 Jul 2024. was completed.
19 Jul 2024
Charges

A charge registered on 29 Sep 2011 via Charge ID 10313654 with Axis Bank Limited was fully satisfied on 08 Jul 2024. was recorded as a recent event.
08 Jul 2024

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