Porite India Private Limited - Company Profile

It is a machinery and equipment foreign private limited company based in Pune, Maharashtra, India, established in 2015.
2015 Pune, Maharashtra, India Active
Last Updated:
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About Porite India Private Limited

Porite India Private Limited, a active foreign private limited company, was established on 24 February 2015 in Pune, Maharashtra, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U28113PN2015FTC154122. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹1,104.00 Cr and a paid-up capital of ₹91.51 Cr.

It upholds a compliant status. Employing 159 professional, Its leadership includes Satoru Sato (Managing Director), Sandeep Marutirao Fatangare (Whole-Time Director), Chang Chern Chu (Director). Past directors included Parag Ramsukh Rathi, Satoru . Sato, Sandeep Marutirao Fatangare. It holds no open charges and ₹9.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No. A-1/2/1, Phase Ii, Chakan Industrial Area, Chakan Midc, Tal, Khed, Pune, Maharashtra, 410501.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U28113PN2015FTC154122

  • Registration Number

    154122

  • Incorporation Date

    24 February 2015

  • Authorized Capital

    ₹1,104.00 Cr

  • Paid-Up Capital

    ₹91.51 Cr

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1,104.00 Cr
  • Paid Up Capital ₹ 91.51 Cr
  • Company Age 11 Year, 1 Day
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 9.00 Cr
  • Revenue Growth **** 89.26%
  • Profit Growth **** -24.16%
  • Ebitda **** -17.54%
  • Net Worth -35.30%
  • Total Assets **** 6.56%
Company report

Porite India Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Porite India 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 Porite India Private Limited?
Current Directors
Name Designation Appointment Date Status
Satoru Sato Managing Director 01 Apr 2023 Current
Sandeep Marutirao Fatangare Whole-Time Director 23 Sep 2020 Current
Chang Chern Chu Director 24 Feb 2015 Current
Masanori Kikuchi Director 24 Feb 2015 Current
Chiu Lung Chu Director 24 Feb 2015 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 May 2017 Past
Pramod Abcsdd Additional Director 10 Aug 2023 Past
Pramod Abcsdd Director 30 Mar 2022 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Company Secretary 15 Jul 2019 Past
Pramod Abcsdd Director 30 Mar 2022 Past

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Financial Performance of Porite India.

Porite India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 89.26% increase. The company also saw a substantial fall in profitability, with a 24.16% decrease in profit. The company's net worth observed a substantial decline by a decrease of 35.3%.

Porite India revenue growth over time
Porite India 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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 89.26%
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Revenue from Operations
*******
 88.73%
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*******
Total Assets
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 6.56%
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*******
*******
*******
Profit or Loss
*******
 -24.16%
*******
*******
*******
*******
Net Worth
*******
 -35.30%
*******
*******
*******
*******
EBITDA
*******
 -17.54%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Porite India?

In 2023, Porite India 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

₹90,000,000.00

Charges Breakdown by Lending Institutions
  • Citi Bank N.A. : 9.00 Cr
Latest Charge Details
Date Lender Amount Status
02 Feb 2017 Citi Bank N.A. ₹9.00 Cr Satisfied

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How Many Employees Work at Porite India?

Porite India has a workforce of 159 employees as of Apr 06, 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 Porite India, 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 Porite India'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 Porite India
Recent Activity within the Organization
  • Annual General Meeting

    Porite India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Porite India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune. was documented.

  • Director Appointment

    Progress on Satoru Sato was appointed as a Managing Director was appointed as a Managing Director on 01 Apr 2023 & has been associated with this company since 2 years 10 months . was documented.

  • Director Appointment

    Progress on Dattatray Mamta Shelke was appointed as a Company Secretary was appointed as a Company Secretary on 01 Dec 2020 & has been associated with this company since 5 years 2 months . was documented.

  • Director Appointment

    Progress on Sandeep Marutirao Fatangare was appointed as a Whole-time director was appointed as a Whole-time director on 23 Sep 2020 & has been associated with this company since 5 years 5 months . was documented.

  • Charges

    Progress on A charge registered on 02 Feb 2017 via Charge ID 100102556 with Citi Bank N.A. was fully satisfied on 05 Oct 2019. was documented.

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Frequently Asked Questions
What is the CIN of Porite India Private Limited?

The CIN of Porite India Private Limited is U28113PN2015FTC154122.

Where is Porite India Private Limited headquartered?

Porite India Private Limited is headquartered at Plot No. A-1/2/1, Phase Ii, Chakan Industrial Area, Chakan Midc, Tal, Khed, Pune, Maharashtra, 410501.

When was Porite India Private Limited incorporated?

Porite India Private Limited was incorporated on 24 February 2015.

Who are the current directors of Porite India Private Limited?

The current directors of Porite India Private Limited are

What is the primary industry of Porite India Private Limited?

The primary industry of Porite India Private Limited is Manufacturing.

Is Porite India Private Limited a listed company?

Porite India Private Limited is unlisted.

What is the capital structure of Porite India Private Limited?

The authorized capital of Porite India Private Limited is ₹1,104.00 Cr, and the paid-up capital is ₹91.51 Cr.

What is the compliance status of Porite India Private Limited?

The compliance status of Porite India Private Limited is Compliant.

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