Parvati Fabrics Limited

Produces embroidered apparel, fashion accessories, and non woven textiles using local weavers and polypropylene.

1994 | Surat, Gujarat (India) | Active
Last Updated: July 04, 2024

Parvati Fabrics Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.70 Cr
  • Company Age 30 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.53 Cr
  • Satisfied Charges ₹ 41.32 Cr
  • Revenue Growth 11.00%
  • Profit Growth 6.20%
  • Ebitda -17.92%
  • Net Worth 4.25%
  • Total Assets -9.15%

About Parvati Fabrics

Parvati Fabrics Limited (PFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 June 1994 and has a history of 30 years and eight months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Parvati Fabrics Private Limited. The Company is engaged in the Fashion And Textile Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 1.70 Cr.

The company currently has active open charges totaling ₹13.53 Cr. The company has closed loans amounting to ₹41.32 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vikash Pacheriwal, Dineshkumar Pacheriwala, Vishal Pacheriwal, and One other member serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    parvatifabrics.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ1994PLC022243

  • Company No.

    022243

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Jun 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Fashion and Textile

What products or services does Parvati Fabrics Limited offer?

Parvati Fabrics Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Silk Textile, Sarees, Lehenga and Salwar Suits, Designer Sarees, Hand Embroidered Sarees, Ethnic Saree, Lehenga, Printed Sarees, Ladies Dresses, Apparels & Clothings, Ladies Gown.

Who are the key members and board of directors at Parvati Fabrics?

Executive Team (2)

NameDesignationAppointment DateStatus
Vikash Pacheriwal Country flag representing In Managing Director13-Jun-1994Current
Dineshkumar Pacheriwala Country flag representing In Managing Director13-Jun-1994Current

Board Members (2)

NameDesignationAppointment DateStatus
Vishal Pacheriwal Country flag representing In Whole-Time Director 01-Feb-1998Current
Shardadevi Pacheriwal Country flag representing In Whole-Time Director 15-Feb-2005Current

Financial Performance of Parvati Fabrics.

Parvati Fabrics Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11% increase. The company also saw a slight improvement in profitability, with a 6.2% increase in profit. The company's net worth moved up by a moderate rise of 4.25%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
11.00%
Revenue from Operations
11.10%
Total Assets
-9.15%
Profit or Loss
6.20%
Net Worth
4.25%
EBITDA
-17.92%

What is the Ownership and Shareholding Structure of Parvati Fabrics?

In 2023, Parvati Fabrics had a promoter holding of 72.45% and a public holding of 27.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.53 Cr

Satisfied Charges

₹41.32 Cr

Charges Breakdown by Lending Institutions

  • Others : 13.53 Cr

Latest Charge Details

DateLenderAmountStatus
26 Aug 2020Others₹1.95 CrOpen
15 Sep 2015Others₹11.58 CrOpen
26 Nov 2013Union Bank Of India₹1.20 CrSatisfied
24 Jul 2012Oriental Bank Of Commerce₹7.00 MSatisfied
31 Jan 2011Oriental Bank Of Commerce₹8.94 CrSatisfied

How Many Employees Work at Parvati Fabrics?

Parvati Fabrics has a workforce of 24 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parvati Fabrics, 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 Parvati Fabrics'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.

Latest Updates, News, and FAQs on Parvati Fabrics

Recent activity within the organization

  • Annual General Meeting

    Parvati Fabrics Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Parvati Fabrics Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 1.95 Cr registered on 26 Aug 2020 with Charge ID 100364632 was modified on 02 Feb 2021.

    02 Feb 2021

  • Charges

    A charge with Others amounted to Rs. 1.95 Cr with Charge ID 100364632 was registered on 26 Aug 2020.

    26 Aug 2020

  • Charges

    A charge with Others of Rs. 11.58 Cr registered on 15 Sep 2015 with Charge ID 10604508 was modified on 06 Jul 2019.

    06 Jul 2019

  • Charges

    A charge registered on 24 Jul 2012 via Charge ID 10373837 with Oriental Bank Of Commerce was fully satisfied on 27 Sep 2016.

    27 Sep 2016

Frequently asked questions

  • Parvati Fabrics Limited was incorporated on 13 Jun 1994.

  • The authorized share capital of Parvati Fabrics Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.70 Cr.

  • Currently 4 directors are associated with Parvati Fabrics Limited.

    • Vikash Dineshkumar Pacheriwal
    • Dineshkumar Kedarnath Pacheriwala
    • Vishal Dinesh Pacheriwal
    • Shardadevi Pacheriwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parvati Fabrics Limited is Parvatihousef-TowerInsidekuberjitextileparkB/HbelgiumsquareDelhigate, Surat, Gujarat, India, 395003.

  • The corporate identification number (CIN) of Parvati Fabrics Limited is U17119GJ1994PLC022243 and the company number is 022243 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Parvati Fabrics Limited is https://www.parvatifabrics.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Parvati Fabrics Limited has risen by 11.00%.

  • As Per 2023 financial reports, 24 employees are currently employed by Parvati Fabrics Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Parvati Fabrics Limited has experienced an upsurge of 4.25%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Parvati Fabrics Limited amount to ₹ 13.53 Cr.

  • The most recent Balance Sheet for Parvati Fabrics Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Traditional & Ethnic Wear