Prateek Spintex Limited

Textile company that manufactures, trades, and deals with various products such as yarns and fabrics.

2007 | Bangaluru, Karnataka (India) | Active
Last Updated:

Prateek Spintex Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 17 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 141.00 Cr
  • Revenue Growth 1192.14%
  • Profit Growth -19.40%
  • Ebitda -185.93%
  • Net Worth -0.04%
  • Total Assets -1.50%

About Prateek Spintex

Prateek Spintex Limited (PSL) is a Public Limited Indian Non-Government Company incorporated in India on 14 September 2007 and has a history of 17 years and six months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Prateek Spintex Private Limited. 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company has closed loans amounting to ₹141.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sundeep Agarwal, Ramesh Nair, and Ankith 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

    U18101KA2007PLC043877

  • Company No.

    043877

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Sep 2007

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

Who are the key members and board of directors at Prateek Spintex?

Board Members (3)

NameDesignationAppointment DateStatus
Sundeep Agarwal Country flag representing In Director 28-Oct-2021Current
Ramesh Nair Country flag representing In Director 01-Jul-2020Current
Ankith Agarwal Country flag representing In Director 22-Dec-2023Current

Financial Performance of Prateek Spintex.

Prateek Spintex Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 1192.14% increase. The company also saw a substantial fall in profitability, with a 19.4% decrease in profit. The company's net worth dipped by a decrease of 0.04%.

Prateek Spintex revenue growth over time
Prateek Spintex 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
1192.14%
Revenue from Operations
Total Assets
-1.50%
Profit or Loss
-19.40%
Net Worth
-0.04%
EBITDA
-185.93%

What is the Ownership and Shareholding Structure of Prateek Spintex?

In 2020, Prateek Spintex had a promoter holding of 100.00%. 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

₹1,410.00 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 141.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Sep 2010Canara Bank₹141.00 CrSatisfied

How Many Employees Work at Prateek Spintex?

Unlock and access historical data on people associated with Prateek Spintex, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Prateek Spintex Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prateek Spintex, 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 Spintex'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 Prateek Spintex

Recent activity within the organization

  • Annual General Meeting

    Prateek Spintex Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Prateek Spintex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Ankith Kumar Agarwal was appointed as a Director was appointed as a Director on 22 Dec 2023 & has been associated with this company since 1 year 3 months .

  • Director Appointment

    Sundeep Agarwal was appointed as a Director was appointed as a Director on 28 Oct 2021 & has been associated with this company since 3 years 4 months .

  • Director Appointment

    Ramesh Nair was appointed as a Director was appointed as a Director on 01 Jul 2020 & has been associated with this company since 4 years 8 months .

  • Charges

    A charge registered on 27 Sep 2010 via Charge ID 10251602 with Canara Bank was fully satisfied on 28 Jan 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Prateek Spintex Limited?

    Prateek Spintex Limited was incorporated on 14 Sep 2007.

  • What is authorized share capital and paid-up capital of Prateek Spintex Limited?

    The authorized share capital of Prateek Spintex Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Prateek Spintex Limited?

    Currently 3 directors are associated with Prateek Spintex Limited.

    • Sundeep Agarwal
    • Ramesh Nair
    • Ankith Kumar Agarwal

  • What is the registered address of Prateek Spintex Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prateek Spintex Limited is No. 17 Hulkul Kubera Lalbagh Road, Sudhamanagar India, Bangalore South, Karnataka, 560027.

  • What is the corporate identification number (CIN) and company number of Prateek Spintex Limited?

    The corporate identification number (CIN) of Prateek Spintex Limited is U18101KA2007PLC043877 and the company number is 043877 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Prateek Spintex Limited?

    The Official website of Prateek Spintex Limited is https://www.prateekapparels.com

  • What has been the recent revenue trend for Prateek Spintex Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Prateek Spintex Limited has risen by 1192.14%.

  • What change has been observed in the net worth of Prateek Spintex Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Prateek Spintex Limited has experienced an downturn of -0.04%.

  • When was the last Balance Sheet of Prateek Spintex Limited filed with the ROC?

    The most recent Balance Sheet for Prateek Spintex Limited was filed with the ROC on 31 Mar 2024.

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