Piovan India Private Limited - Due diligence report

A 360° intelligence report on Piovan India Private Limited: trust score, financial health, credit view, compliance, directors, growth and di…

2003-10-28 Navi Mumbai, Maharashtra Active Unlisted Active Compliant
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PI Piovan India Private Limited
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Piovan India Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
83/100
Trust Score
Low Risk

Piovan India Private Limited is assessed as Low Risk with a Trust Score of 83/100. Piovan India Private Limited is an active private limited indian non-government company incorporated in 2003, operating in the Machinery and Equipment sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and moderate financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Piovan India Private Limited snapshot & full profile →

Financial Health › Good
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
83/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
65/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
85/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
85/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
75/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
65/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 85/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • No open charges - unencumbered balance sheet.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 85/100
NameDIN / PANDesignationAppointedTenureDIN status
FILIPPO ZUPPICHIN 01234567 Director 01/04/2018 6 yrs Approved
Atul Vinod Suri 01234567 Director 01/04/2018 6 yrs Approved
Alessandro Sala 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • 2 director exit(s) in the last 3 years.
Director & KMP remuneration (FY 2017)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2020 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Piovan S.p.a
Subsidiaries
-
Group entities
-
Capital events
-

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Piovan S.p.a Holding Company 74.00%

Key managerial personnel: Atul Vinod Suri (Whole-time director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 75 · Distress 65
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Asset base grew 2.1x - capacity expansion.
Operating for 22+ years.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Outside liabilities up 24% in a year.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence84/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment83/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view74/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 2 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 14 events
30 Sep 2025
Last AGM held
Annual general meeting
29 Sep 2025
Director ceased
Alessandro Sala
11 Aug 2025
Director appointed
Alessandro Sala (Director)
17 Jun 2025
Director ceased
Atul Vinod Suri
16 Jun 2025
Director appointed
Atul Vinod Suri (Whole-time director)
31 Mar 2025
Latest balance sheet
Filed with ROC
30 Sep 2014
Director ceased
FILIPPO ZUPPICHIN
26 Nov 2013
Director ceased
AMIT BAJAJ
Director ceased
HARRY SLINN
20 Nov 2013
Director appointed
FILIPPO ZUPPICHIN (Director)
30 Jul 2008
Director ceased
NICOLA PIOVAN
28 May 2008
Director ceased
MAYURBHAI NIRANJANBHAI PATEL
30 Nov 2007
Director ceased
OMODEI FRANCO
28 Oct 2003
Incorporated
Registered with Roc Mumbai
10

Key Observations

Auto-generated from the data above
Revenue grew 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
3 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Promoters hold a dominant controlling stake as per the FY 2020 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Suom Irrigation Private Limited U74110MP2011PTC026426 Indore, Madhya Pradesh, India
Renwal Pet Private Limited U25209RJ2015PTC048574 Jaipur, Rajasthan, India
K. M. Agriproducts Private Limited U01400WB2010PTC144627 Kolkata, West Bengal, India
Shubham Automobiles Private Limited U34300UP2007PTC032766 Pratapgrah, Uttar Pradesh, India
Sri Vijaya Medicals Private Limited U24232TN2009PTC073618 Ambattur, Tamil Nadu, India
Attisha Papers Private Limited U51909DL2018PTC336491 New Delhi, Delhi, India
Farms Deck Private Limited U74999MH2017PTC296600 Nashik, Maharashtra, India
Usha Rani Traders Private Limited U51909DL2011PTC216493 Delhi, Delhi, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Piovan India Private Limited before audits and certifications: compliance score 100/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Piovan India Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 85/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 75/100, margin trends, ownership structure and peer set for Piovan India Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 83/100, distress signals and MSME payment-delay disclosures - know whether Piovan India Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Piovan India Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Piovan India Private Limited an active company?

Piovan India Private Limited has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Piovan India Private Limited financially healthy?

Piovan India Private Limited has a Financial Health Score of 65/100 (Moderate) based on its filed financial statements.

Should I do business with Piovan India Private Limited?

Its overall Trust Score is 83/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Piovan India Private Limited?

The ultimate holding entity is Piovan S.p.a. 3 active director(s) are on record.

Does Piovan India Private Limited have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Piovan India Private Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Piovan India Private Limited?

Its Credit Risk Score is 85/100 (Low Risk). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.