Company Intelligence Profile
Pune Gas Systems Private Limited
Pune Gas Systems Private Limited (brand "Pune Gas") is a Hadapsar, Pune-based manufacturer/installer of industrial LPG and natural gas handling systems (gas banks, leak detection, dual-fuel DG kits, pipeline projects) incorporated 29 Jan 2020, family-promoter-held, ~₹5.27 Cr FY24 revenue with rising leverage and margin pressure that year.
Last updated 17 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
Confirmed| Registered name | Pune Gas Systems Private Limited |
|---|---|
| CIN | U29299PN2020PTC189477 |
| PAN | AALCP0194L |
| Status | Active |
| Listing | Unlisted private limited company |
| Incorporated | 29 January 2020 |
| ROC | RoC-Pune |
| Sector (NIC) | Manufacturing of Machinery & Equipment / NIC 29299 — described by TheCompanyCheck as "Electricity, gas, steam and air condition supply / manufacture of gas, distribution of gaseous fuels" |
| Registered address | PL 98A/30, PL 30, Industrial Estate, Hadapsar, Pune, Maharashtra, India – 411013 |
| Authorized capital | ₹10,00,000 (₹10 lakh) |
| Paid-up capital | ₹10,00,000 (₹10 lakh) |
Business Overview
Confirmed- Pune Gas Systems Pvt Ltd (trading as "Pune Gas") is an industrial LPG and natural gas systems provider founded in 1986, designing and installing gas handling systems for commercial/industrial applications
- Product lines include LPGenius (smart LPG gas bank), LeakCheck (leak detection), FuelFusion (LPG-diesel dual-fuel DG kit), GasTrain (regulator/manifold systems), ServiceShield (AMC/maintenance), and PESO-licensed gas pipeline projects
- Claims 9,000+ installations across 30+ countries, 3 international offices, 8 experience centers in India; serves industries such as surface coating, food production, zinc galvanizing, commercial kitchens, steam boilers, die casting, hot forging, ceramics and industrial drying
- Note: the CIN-registered entity (incorporated 2020) appears to be the current corporate vehicle for a business whose brand/operating history is claimed as 1986 — corporate-registration age (since Jan 2020) and stated brand heritage (since 1986) refer to different things; flagged as a possible restructuring/rebrand, not independently verified
Directors
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Jaisingh Nalinbhai Sampat | 00345155 | Director | 29 Jan 2020 |
Financials
Partial / conflictingFY ended 31 March 2024:
| Revenue | ₹5.27 Cr vs. Tofler's directional "+25.73%" YoY within a "₹1–100 Cr" band |
|---|---|
| EBITDA | declined ~119.79% YoY (i.e., swung negative) — Tofler; exact ₹ amount locked/not obtained |
| PAT | declined ~162.42% YoY (swung to loss) — Tofler; exact ₹ amount not obtained |
| Net worth (book) | declined ~73.9% YoY — Tofler; exact ₹ amount not obtained |
| Borrowings | increased ~88.55% YoY — Tofler; Debt/Equity ratio 22.61 — Tofler |
| Employees (EPFO) | 47 as of 31 Dec 2024, +135% YoY growth, 1 active EPFO establishment — TheCompanyCheck |
| Last AGM | 30 September 2024 |
| Auditor | A.V. Kankaliya & Co |
Overall: directional trend (revenue growth, but margin/profit deterioration and rising leverage in FY24) is corroborated across 2 sources; exact absolute rupee figures beyond revenue are gated behind premium subscriptions and are "not obtained."
Charges / Loans
Partial / conflictingOpen charges reported by both sources (minor amount discrepancies, likely due to update-date differences):
| Tofler | Bank of India — 2 charges totaling ₹1.4 Cr (₹1.2 Cr dated 20 Jun 2024; ₹0.2 Cr dated 30 Jan 2024) |
|---|---|
| TheCompanyCheck | Total open charges ₹1.53 Cr — Bank of India ₹1.39 Cr + Others ₹0.14 Cr; itemized as ₹14 lakh (04 Nov 2025, "Others"), ₹19 lakh (30 Jan 2024, Bank of India), ₹1.2 Cr (22 Jun 2023, Bank of India). Satisfied charges: ₹0 |
Both sources agree the primary secured lender is Bank of India with roughly ₹1.4–1.5 Cr in secured borrowing; exact charge dates/amounts differ slightly between the two sources — treat as partial confirmation on aggregate, unconfirmed on exact per-charge dates/amounts.
Legal / Litigation
Partial / conflicting- Indian Kanoon search for "Pune Gas Systems Private Limited" returned ~1,101 documents but none identifying the company as a named party to litigation in the results reviewed (matches appear incidental/textual)
- No confirmed litigation record found
Competitors
Partial / conflicting- Named industrial LPG/gas-systems peers (approximate scale tags, not verified financials): (1) INOX-CVA / INOXCVA (cryogenic & industrial gas equipment, large-scale, listed-group-affiliated) — larger scale
- (2) Aegis Vopak / Aegis Logistics gas handling arm — larger, listed
- (3) SFC Environmental Technologies (formerly SF Engineering) — mid-size industrial gas/LPG equipment maker
- (4) Confidence Petroleum India Ltd (LPG cylinders/equipment, listed) — larger, listed
- (5) Praj-adjacent or regional players such as Precision Camshafts-scale industrial equipment makers are not directly comparable — treated as adjacent, not core competitors
- Given data-access limits, competitor list is indicative/industry-based rather than independently source-verified; treat as "partial."
Frequently Asked Questions
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