About Piletech Infra Private Limited
Data last updated:
Piletech Infra Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 04 July 2016.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45309MH2016PTC283208. Its GSTIN is 27AAFCV5357D1Z8 (Maharashtra). The company holds 7 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Valecha Piletech Infra Private Limited. It is led by directors including Naman Jagdish Patil and Havaldar Ravalnath Ravindra.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 106 Cts 1622 Willington Business Park Ak Road Andheri East Opp Honda Showroom, Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2017, the company reported a revenue of ₹23.86 Cr. For the same year it recorded a net profit of ₹1.2 Cr (net margin 5%) and EBITDA of ₹1.54 Cr (EBITDA margin 6.4%).
The company has about 43 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹40.58 Cr on record. Court records list 53 cases involving the company, including 5 filed by the company and 48 filed against it; 19 cases are pending.
The last known website on record is propelis.in.
Company details
Contact details
Piletech Infra Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Social Media
- Registered Address106 Cts 1622 Willington Business Park Ak Road Andheri East Opp Honda Showroom, Mumbai, Maharashtra, India – 400059
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Piletech Infra 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 Piletech Infra is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Piletech Infra Private Limited, buy the company report.
Financials of Piletech Infra Private Limited
FY 2017 filings availablePiletech Infra Private Limited reported revenue of ₹23.86 Cr for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹23.86 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹1.54 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹1.2 Cr |
| 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 2016-17 |
|---|---|
| Profitability | |
| EBITDA Margin | 6.4% |
| Net Profit Margin | 5% |
| 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 Piletech Infra Private Limited, buy the company report.
Board of directors of Piletech Infra Private Limited
Piletech Infra has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naman Jagdish Patil | Director | 23 Aug 2018 | 8 Years 2 Months | As last reported |
| Havaldar Ravalnath Ravindra Also directs: Reliable Foundation LLP | Additional Director | 10 Sep 2016 | 10 Years 1 Months | As last reported |
| Hrishikesh Jagdish Patil | Additional Director | 14 Jan 2019 | 7 Years 9 Months | As last reported |
Peer comparison
Piletech Infra Private Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kevadiya Infraprojects Private Limited | ₹23.93 Cr (FY 2025) | 22.0% | Ahmedabad, Gujarat, India | |||
| Piletech Infra Private Limitedthis company | ₹23.86 Cr (FY 2017) | ₹1.2 Cr | 5% | 43 | Mumbai, Maharashtra, India | |
| Gubbi Civil Engineers Limited | ₹23.8 Cr (FY 2024) | 1312.0% | Thane, Maharashtra, India | |||
| K J Infrastructure Projects India Private Limited | ₹23.8 Cr (FY 2025) | -7.0% | Pune, Maharashtra, India |
To see the full peer comparison of Piletech Infra Private Limited, buy the company report.
Auditor
Piletech Infra Private Limited is audited by S B H & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S B H & CO | FY 2017 | 121830W |
Shareholding
The shareholding of Piletech Infra Private Limited is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Piletech Infra Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2020 | 100374921 | Others | ₹19 Cr | Open | |
| 25 Sep 2018 | 100227276 | Others | ₹7.95 Cr | Open | |
| 29 Jun 2018 | 100219438 | Others | ₹2.9 Cr | Open | |
| 29 Jun 2018 | 100219434 | Others | ₹3 Cr | Open | |
| 15 Mar 2018 | 100172716 | Others | ₹1.75 Cr | Open |
Total charge records: 8 View all charges
Legal cases
Piletech Infra Private Limited has 53 court cases on record: 5 filed by Piletech Infra, 48 filed against it. 19 cases are pending and 34 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 45 | 45 | 18 |
| High courts | 5 | 0 | 0 |
| NCLT | 3 | 3 | 1 |
Cases on record (5 of 53)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Srei Equipment Finance Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrent Cases SW) | Filed against the company by Premier Landmark Ventures Pvt Ltd. Through Its Director Amarjeet Singh Keer | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Yes Bank Limited | Pending |
| District court, North West, Delhi | Criminal case | Filed against the company by M/S Northex Logistics Pvt Ltd | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Capacite Engineering Pvt Ltd | Pending |
To see the full case history of Piletech Infra 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Piletech Infra Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Piletech Infra Private Limited has a workforce of 43 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Piletech Infra has 7 GST registrations: 1 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCV5357D1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Piletech Infra Private Limited, buy the company report.
Recent activity
Piletech Infra Private Limited has 7 board changes on record since 2016: 3 appointments and 4 cessations. The latest: Hrishikesh Jagdish Patil was appointed as Additional Director on 14 Jan 2019.
6 earlier events are in the company report.
Frequently asked questions
Piletech Infra is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Piletech Infra is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 04 July 2016 and is registered under CIN U45309MH2016PTC283208. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Piletech Infra has 3 current directors:
- Naman Jagdish Patil - Director
- Havaldar Ravalnath Ravindra - Additional Director
- Hrishikesh Jagdish Patil - Additional Director
The latest financial statements of Piletech Infra on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Piletech Infra is U45309MH2016PTC283208. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piletech Infra has open charges of ₹40.58 Cr and no satisfied charges on record as per latest MCA filings.
Piletech Infra has 53 court cases on record: 5 filed by the company and 48 filed against it. 19 are pending. Most are in the district courts.
Piletech Infra was incorporated on 04 July 2016. It is registered with the Registrar of Companies, Mumbai.
The peers of Piletech Infra by revenue are Kevadiya Infraprojects Private Limited, Gubbi Civil Engineers Limited, K J Infrastructure Projects India Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects).
Hrishikesh Jagdish Patil was appointed as Additional Director on 14 Jan 2019. Lalitkumar Rameshchandra Pathak ceased to be Additional Director on 23 Aug 2018. Naman Jagdish Patil was appointed as Director on 23 Aug 2018. Piletech Infra has 7 board changes on record in total.
Piletech Infra can be reached through the website propelis.in. Its registered office is in Mumbai, Maharashtra, India.
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