Key Metrics of Pasolite Electricals Private Limited
About Pasolite Electricals Private Limited
Sectors
Company details
Operational Areas of Pasolite Electricals Private Limited
Company summary
Entity details
Compliance
Industry classification
Financials, ratios and risk analysis
Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.
Sign in to continue See plans & pricingFiling compliance
Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.
Vendor checks & payment capacity
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Credit ratings
WatchIssuer not cooperating with ICRA (rating based on limited information)
Rating history
Rating actions
| Date | Agency | Action | Long term | Short term | Outlook | Rated amount | Rationale |
|---|---|---|---|---|---|---|---|
| 16 Apr 2026 | ICRA | Non-cooperating | B+ | — | Stable | ₹8.00 Cr | View |
PASOLITE ELECTRICALS PRIVATE LIMITED, based out of Bangalore, is promoted by Mr. Ganpat Jain and is engaged in the business of trading wide range of user friendly light fixtures with emphasis on energy saving and custom design for two decades. Pasolite provide lighting solutions to all indoor, outdoor, industrial and residential applications. It also trades in exterior lighting, road and street lighting, and landscape lighting.
Borrowings & rated debt
Facility mix
Rated facilities
| Facility | Type | Previous | Current | Change | Rating | Action | Agency |
|---|---|---|---|---|---|---|---|
| continues to remain under ‘Issuer Not | Other | ₹8.00 Cr | ₹8.00 Cr | 0.0% | — | Other | ICRA |
Credit assessment · Manufacturing
Rating Methodology – Manufacturing Companies (Mar 2025) · Standalone accounts
Ratios, pillar scores and the indicative rating are part of Premium.
Rating status
| Default | No default on record |
| Issuer cooperation | Not cooperating since 16 Apr 2026 (6 months) – investment grade cannot be retained |
| Credit enhancement | None – standalone rating |
| Next action stable or better (model) | 39% |
| Information on file | 22% · missing: Audited financial statements (last 18 months), Annual results history (3+ years), Liquidity position, Debt obligations and repayment schedule, Capex / investment plans, Auditor details, Shareholding pattern |
Indicative assessment from public data using the published methodology factors; not a credit rating.
Borrowing & funding lifecycle
- Credit outlook model: 33% chance the next rating action is stable or better
- Current rating B+ (below investment grade)
- Issuer not cooperating with the rating agency
Rated limits by facility
Timeline
Lender names, bank charges and audited borrowings are part of Premium.
Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.
Registered office and contact
Directors and key people
Directors are read from the MGT-7 annual return and AOC-4 signatories.
Competitors of Pasolite Electricals Private Limited
Top competitors by location
| Company | Description | Domain | Founded | Location |
|---|---|---|---|---|
| Capital Goods & Power Equipment · Heavy Engineering & Capital Goods | bhel.com | — | India | |
 Polycab India Limited |
Wires & Cables · Electrical Equipment & Appliances | polycab.com | — | Halol, Gujarat, India |
| Electrical Equipment, Switches & Cables · Electrical Equipment & Appliances | kei-ind.com | — | New Delhi, India | |
 Crompton Greaves Consumer Electricals |
Electrical Equipment, Switches & Cables · Electrical Equipment & Appliances | crompton.co.in | — | Mumbai, India |
| Pipes & Tubes · Steel, Metals & Pipes | surya.co.in | — | Bahadurgarh, India | |
 Bajaj Electricals |
Electrical Equipment, Switches & Cables · Electrical Equipment & Appliances | bajajelectricals.com | 1938 | Mumbai, India |
 Finolex Cables |
Electrical Equipment, Switches & Cables · Electrical Equipment & Appliances | finolex.com | — | Pune, India |
| Wires & Cables · Electrical Equipment & Appliances | vguard.in | 1977 | India | |
| India Nippon Electricals Limited | Electrical Equipment, Switches & Cables · Electrical Equipment & Appliances | — | — | Chennai, Tamil Nadu, India |
| Wonder Electricals Limited | · Manufacturing (Machinery and Equipments) | — | — | New Delhi, Delhi, India |
Similar companies
Charges (secured borrowings)
0 registered charges. Lenders, amounts and dates are part of the premium plan.
Statutory auditors
Auditors are read from the AOC-4 auditor's report section.
Business activities and related parties
Principal business activities and related-party transactions are read from MGT-7 and AOC-4 filings.
Filings
No filings on record yet.