Prateek Apparels Profile
Key Indicators
- Authorised Capital ₹ 42.00 Cr
- Paid Up Capital ₹ 21.00 Cr
- Company Age 30 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 106.00 Cr
- Satisfied Charges ₹ 208.98 Cr
- Revenue Growth -86.92%
- Profit Growth 91.41%
- Ebitda 91.35%
- Net Worth -46.80%
- Total Assets -4.60%
About Prateek Apparels
Prateek Apparels Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 January 1995 and has a history of 30 years and one month. Its registered office is in Bangaluru, Karnataka, India.
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 42.00 Cr and a paid-up capital of Rs 21.00 Cr.
The company currently has active open charges totaling ₹106.00 Cr. The company has closed loans amounting to ₹208.98 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Prateek Apparels Private Limited India is Renu Vyas as COMPANY SECRETARY. Ankith Agarwal and Pradeep Agarwal serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U85110KA1995PTC016925
- Company No.
016925
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Jan 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Prateek Apparels?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Renu Vyas | Company Secretary | 10-May-2024 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ankith Agarwal  | Director | 18-Jan-2022 | Current |
| Pradeep Agarwal | Director | 28-Feb-2007 | Current |
Financial Performance of Prateek Apparels.
Prateek Apparels Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 86.92% decrease. The company also saw a substantial improvement in profitability, with a 91.41% increase in profit. The company's net worth observed a substantial decline by a decrease of 46.8%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Prateek Apparels?
In 2022, Prateek Apparels had a promoter holding of 76.19% and a public holding of 23.81%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Prateek Spintex LimitedAnkith Agarwal is a mutual person
Phulchand Exports Private LtdAnkith Agarwal and Pradeep Agarwal are mutual person
Munch Design Workshop Private LimitedAnkith Agarwal is a mutual person
- Grant Infrastructure Private Limited
Pradeep Agarwal is a mutual person
- Astron Developers Private Limited
Pradeep Agarwal is a mutual person
- Avikesh Tradewell Private Limited
Pradeep Agarwal is a mutual person
Charges (Loans)
₹106.00 Cr
₹208.98 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 106.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Feb 2011 | Canara Bank | ₹106.00 Cr | Open |
| 05 Nov 2016 | Tata Capital Financial Services Limited | ₹5.00 Cr | Satisfied |
| 27 Dec 2011 | Bank Of Baroda | ₹27.00 Cr | Satisfied |
| 04 Oct 2010 | Canara Bank | ₹35.00 Cr | Satisfied |
| 28 May 2010 | The Lakshmi Vilas Bank Limited | ₹30.00 Cr | Satisfied |
How Many Employees Work at Prateek Apparels?
Prateek Apparels has a workforce of 1101 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Prateek Apparels, 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 Prateek Apparels's trajectory.
Rating
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
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.
