
Piyush Enterprises Private Limited
About Piyush Enterprises Private Limited
Data last updated:
Piyush Enterprises Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 19 February 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U23201PB1998PTC021089. Its GSTIN is 03AABCR8111K1ZL (Punjab).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹29.93 Lakh. It was formerly known as R.K.Petro Tankers and Dealers Private Limited. It is led by directors including Gagandeep Shahi and Raj Kumar Sahi.
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 56 Basant Chowkludhiana Punjab, Punjab, India – 141003.
As per the financials filed for FY 2025, the company reported a revenue of ₹10,300, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.22 Lakh and EBITDA of ₹1,120 (EBITDA margin 10.9%). Revenue has declined at a compounded annual rate (CAGR) of 79% over three years and 71% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.32 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Piyush Enterprises Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address is in the company report.
- Email
- Registered Address56 Basant Chowkludhiana Punjab, Punjab, India – 141003
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Piyush Enterprises 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 Piyush Enterprises 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 |
Financials of Piyush Enterprises Private Limited
FY 2025 filings availablePiyush Enterprises Private Limited reported revenue of ₹10,300 (up 1560506% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 71% over five years. EBITDA rose 101% 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 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 | ₹1,120 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.22 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.9% | ||||
| Net Profit Margin | |||||
| 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 | |||||
To see the full financial statements and ratios of Piyush Enterprises Private Limited, buy the company report.
Board of directors of Piyush Enterprises Private Limited
Piyush Enterprises has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gagandeep Shahi Also directs: Om Buildwell Private Limited | Director | 21 Apr 2015 | 11 Years 6 Months | Current |
| Raj Kumar Sahi | Director | 19 Feb 1998 | 28 Years 8 Months | Current |
| Sunita Rani | Director | 19 Feb 1998 | 28 Years 8 Months | Current |
Auditor
Piyush Enterprises Private Limited is audited by VINAY & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINAY & ASSOCIATES | FY 2020 | 004462N |
Shareholding
The shareholding of Piyush Enterprises Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Piyush Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 2009 | 10170173 | Canara Bank | ₹6 Lakh | Open | |
| 14 Aug 2006 | 10017005 | Canara Bank | ₹50 Lakh | Open | |
| 12 Nov 2005 | 80020747 | Canara Bank | ₹1.5 Cr | Open | |
| 15 Dec 2000 | 90169464 | Canara Bank | ₹5 Lakh | Open | |
| 15 Dec 2000 | 90311515 | Canara Bank | ₹5 Lakh | Open |
To see the full charge records of Piyush Enterprises Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Piyush Enterprises Private Limited has 8 court cases on record: 4 filed by Piyush Enterprises, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 3 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, PUNJAB | Criminal miscellaneous application | Filed against the company by M/S Ultra Home Care Coils (Private) Ltd. & Ors. | Disposed |
| District court, Patiala, Punjab | Motor accident claim | Filed against the company by individuals | Disposed |
| District court, Patiala, Punjab | Motor accident claim | Filed by the company against an individual | Disposed |
| District court, Ludhiana, Punjab | Appeal | Filed against the company by Ms New India Forging | Disposed |
| District court, Ludhiana, Punjab | Court case (CRR) | Filed against the company by an individual | Disposed |
To see the full case history of Piyush Enterprises 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.
Credit ratings & regulatory alerts
Piyush Enterprises Private Limited was last rated by Crisil on 09 Apr 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 09 Apr 2020 |
To see the full credit ratings and regulatory alerts of Piyush Enterprises Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Piyush Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Piyush Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCR8111K1ZL | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Piyush Enterprises Private Limited, buy the company report.
Recent activity
Piyush Enterprises Private Limited has 4 board changes on record since 1998: 3 appointments and 1 cessation. The latest: Gagandeep Shahi ceased to be Additional Director on 30 Sep 2015.
5 earlier events are in the company report.
Frequently asked questions
Piyush Enterprises is an active private limited company based in Ludhiana, Punjab, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 19 February 1998 (28+ years old) and is registered under CIN U23201PB1998PTC021089.
Piyush Enterprises has 3 current directors:
- Gagandeep Shahi - Director
- Raj Kumar Sahi - Director
- Sunita Rani - Director
The latest financial statements of Piyush Enterprises on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Piyush Enterprises is 03AABCR8111K1ZL, registered in Punjab.
The CIN (Corporate Identification Number) of Piyush Enterprises is U23201PB1998PTC021089. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piyush Enterprises has 8 court cases on record: 4 filed by the company and 4 filed against it. Most are in the district courts.
Piyush Enterprises was incorporated on 19 February 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chandigarh.
Gagandeep Shahi ceased to be Additional Director on 30 Sep 2015. Gagandeep Shahi was appointed as Director on 21 Apr 2015. Raj Kumar Sahi was appointed as Director on 19 Feb 1998. Piyush Enterprises has 4 board changes on record in total.
The registered office of Piyush Enterprises is at 56 Basant Chowkludhiana Punjab, Punjab, India – 141003.
Piyush Enterprises operates in the metals and minerals industry, in the metal retail and distribution segment.

