Prag Bosimi Synthetics Ltd

This company manufactures polyester yarn in Guwahati, Assam and is a joint sector undertaking.

1987 | Kamrup, Assam (India) | Active
Last Updated: October 24, 2024

Prag Bosimi Synthetics Profile

Key Indicators

  • Authorised Capital ₹ 250.00 Cr
  • Paid Up Capital ₹ 89.84 Cr
  • Company Age 37 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1,362.98 Cr
  • Revenue Growth -71.28%
  • Profit Growth 49.17%
  • Ebitda 88.39%
  • Net Worth -43.65%
  • Total Assets -2.16%

About Prag Bosimi Synthetics

Prag Bosimi Synthetics Ltd (PBSL) is a Public Limited Indian Non-Government Company incorporated in India on 31 July 1987 and has a history of 37 years and six months. Its registered office is in Kamrup, Assam, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500192.

The Corporate was formerly known as The Prag Bosimi Synthetics Ltd. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 250.00 Cr and a paid-up capital of Rs 89.84 Cr.

The company has closed loans amounting to ₹1,362.98 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Prag Bosimi Synthetics Ltd India are Madhu Dharewa as COMPANY SECRETARY and Prakasam Raghavan as Cfo. Devang Vyas, Girindra Das, Prasanta Bora, and Six other members serve as directors at the Company.

Company Details

  • Location

    Kamrup, Assam, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L17124AS1987PLC002758

  • Company No.

    002758

  • Stock Symbol

    BSE : 500192

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Jul 1987

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Shillong

Industry

Manufacturing

Who are the key members and board of directors at Prag Bosimi Synthetics?

Executive Team (2)

NameDesignationAppointment DateStatus
Madhu Dharewa Country flag representing In Company Secretary11-Nov-2016Current
Prakasam Raghavan CFO11-Nov-2021Current

Board Members (9)

NameDesignationAppointment DateStatus
Manvendra Singh Country flag representing In Nominee Director 24-May-2022Current
Devang Vyas Country flag representing In Director 03-Jul-2000Current
Girindra Das Country flag representing In Director 20-Nov-2004Current
Prasanta Bora Country flag representing In Nominee Director 14-Feb-2018Current
Raktim Das Country flag representing In Whole-Time Director 30-Jun-2021Current
Mukund Trivedi Country flag representing In Director 14-Aug-2015Current

Financial Performance of Prag Bosimi Synthetics.

Prag Bosimi Synthetics Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 71.28% decrease. The company also saw a substantial improvement in profitability, with a 49.17% increase in profit. The company's net worth observed a substantial decline by a decrease of 43.65%.

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
-71.28%
Revenue from Operations
-65.56%
Total Assets
-2.16%
Profit or Loss
49.17%
Net Worth
-43.65%
EBITDA
88.39%

What is the Ownership and Shareholding Structure of Prag Bosimi Synthetics?

In 2022, Prag Bosimi Synthetics had a promoter holding of 48.54% and a public holding of 51.46%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1,362.98 Cr

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 287.61 Cr
  • State Bank Of India : 230.09 Cr
  • Icici Bank Ltd : 172.57 Cr
  • Unit Trust Of India Investment Advisory Services Limited : 115.04 Cr
  • Central Bank Of India Limited : 115.04 Cr
  • Others : 442.63 Cr

Latest Charge Details

DateLenderAmountStatus
06 Oct 2013Srei Infrastructure Finance Limited₹22.00 CrSatisfied
15 Oct 2011Unit Trust Of India Investment Advisory Services Limited₹57.52 CrSatisfied
07 Sep 2011Dena Bank₹35.00 CrSatisfied
22 Jun 2011Unit Trust Of India Investment Advisory Services Limited₹57.52 CrSatisfied
01 Apr 2011Srei Infrastructure Finance Limited₹37.00 CrSatisfied

How Many Employees Work at Prag Bosimi Synthetics?

Prag Bosimi Synthetics has a workforce of 1 employees as of Mar 28, 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 Prag Bosimi Synthetics, 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 Prag Bosimi Synthetics'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 Prag Bosimi Synthetics

Recent activity within the organization

  • Director Appointment

    Amarjyoti Bhagawati was appointed as a Director was appointed as a Director on 17 Oct 2024 & has been associated with this company since 3 months 15 days .

    17 Oct 2024

  • Annual General Meeting

    Prag Bosimi Synthetics Ltd last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Balance Sheet

    Prag Bosimi Synthetics Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Shillong.

    31 Mar 2024

  • Director Appointment

    Manvendra Pratap Singh was appointed as a Nominee Director was appointed as a Nominee Director on 24 May 2022 & has been associated with this company since 2 years 8 months .

    24 May 2022

  • Charges

    A charge registered on 07 Sep 2011 via Charge ID 10309366 with Dena Bank was fully satisfied on 17 Dec 2020.

    17 Dec 2020

  • Charges

    A charge registered on 06 Oct 2013 via Charge ID 10452208 with Srei Infrastructure Finance Limited was fully satisfied on 30 Oct 2019.

    30 Oct 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Prag Bosimi Synthetics Ltd was incorporated on 31 Jul 1987.

  • The authorized share capital of Prag Bosimi Synthetics Ltd is ₹ 250.00 Cr and paid-up capital is ₹ 89.84 Cr.

  • Currently 11 directors are associated with Prag Bosimi Synthetics Ltd.

    • Devang Hemantkumar Vyas
    • Girindra Mohan Das
    • Prasanta Bora
    • Raktim Kumar Das
    • Mukund Pradyumanrai Trivedi
    • Manvendra Pratap Singh
    • Bina Vasdev Advani
    • Sunita Anil Shah
    • Amarjyoti Bhagawati
    • Madhu Poonamchand Dharewa
    • Prakasam Raghavan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prag Bosimi Synthetics Ltd is House No. 19 Ambikagiri Nagar Milan Path R.G.Barua Road, India, Guwahati, Assam, 781024.

  • The corporate identification number (CIN) of Prag Bosimi Synthetics Ltd is L17124AS1987PLC002758 and the company number is 002758 as per Ministry of Corporate Affairs (MCA).

  • Yes, Prag Bosimi Synthetics Ltd is registered on Bombay Stock Exchange (BSE).

  • The Official website of Prag Bosimi Synthetics Ltd is https://www.bosimi.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prag Bosimi Synthetics Ltd has fallen by -71.28%.

  • As Per 2023 financial reports, 1 employees are currently employed by Prag Bosimi Synthetics Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prag Bosimi Synthetics Ltd has experienced an downturn of -43.65%.

  • The most recent Balance Sheet for Prag Bosimi Synthetics Ltd was filed with the ROC on 31 Mar 2024.

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