Prem Textiles (International) Private Limited

Manufacturer of home textile products with advanced factory and high export revenue.

2006 | Mandsaur, Madhya Pradesh (India) | Active
Last Updated:

Prem Textiles (International) Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.02 Cr
  • Company Age 18 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 92.30 Cr
  • Satisfied Charges ₹ 54.63 Cr
  • Revenue Growth 14.24%
  • Profit Growth -4.74%
  • Ebitda -200.65%
  • Net Worth 12.38%
  • Total Assets -4.73%

About Prem Textiles (International)

Prem Textiles (International) Private Limited (PTIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 December 2006 and has a history of 18 years and two months. Its registered office is in Mandsaur, Madhya Pradesh, India.

The Corporate was formerly known as Prem Textiles (International) Limited. The Company is engaged in the Consumer Goods 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 12.00 Cr and a paid-up capital of Rs 11.02 Cr.

The company currently has active open charges totaling ₹92.30 Cr. The company has closed loans amounting to ₹54.63 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Prem Textiles (International) Private Limited India is Vineet Kasera as COMPANY SECRETARY. Saurabh Jain and Subhash Jain serve as directors at the Company.

Company Details

  • Location

    Mandsaur, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    premtextiles.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17113MP2006PTC019140

  • Company No.

    019140

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Dec 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Consumer Goods

Who are the key members and board of directors at Prem Textiles (International)?

Executive Team (2)

NameDesignationAppointment DateStatus
Vineet Kasera Company Secretary27-Mar-2017Current
Subhash Jain Country flag representing In Managing Director19-Dec-2006Current

Board Members (1)

NameDesignationAppointment DateStatus
Saurabh Jain Country flag representing In Whole-Time Director 01-Dec-2009Current

Financial Performance of Prem Textiles (International).

Prem Textiles (International) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.24% increase. The company also saw a slight decrease in profitability, with a 4.74% decrease in profit. The company's net worth Soared by an impressive increase of 12.38%.

Prem Textiles (International) revenue growth over time
Prem Textiles (International) 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
14.24%
Revenue from Operations
13.26%
Total Assets
-4.73%
Profit or Loss
-4.74%
Net Worth
12.38%
EBITDA
-200.65%

What is the Ownership and Shareholding Structure of Prem Textiles (International)?

In 2023, Prem Textiles (International) 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

₹92.30 Cr

Satisfied Charges

₹54.63 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 72.04 Cr
  • Hdfc Bank Limited : 18.44 Cr
  • Others : 1.82 Cr

Latest Charge Details

DateLenderAmountStatus
14 Sep 2022Hdfc Bank Limited₹18.44 CrOpen
28 Jul 2022Others₹2.20 MOpen
25 Jul 2022Others₹2.00 MOpen
15 Jul 2022Others₹8.00 MOpen
03 Feb 2022State Bank Of India₹5.00 CrOpen

How Many Employees Work at Prem Textiles (International)?

Prem Textiles (International) has a workforce of 569 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.

Employee growth trends for Prem Textiles (International) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prem Textiles (International), 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 Prem Textiles (International)'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 Prem Textiles (International)

Recent activity within the organization

  • Annual General Meeting

    Prem Textiles (International) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 18.44 Cr registered on 14 Sep 2022 with Charge ID 100613145 was modified on 05 Aug 2024.

  • Balance Sheet

    Prem Textiles (International) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

  • Charges

    A charge with State Bank Of India of Rs. 62.04 Cr registered on 22 Apr 2008 with Charge ID 10150659 was modified on 27 Dec 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 18.44 Cr with Charge ID 100613145 was registered on 14 Sep 2022.

  • Charges

    A charge registered on 26 Feb 2016 via Charge ID 10628106 with Axis Bank Limited was fully satisfied on 13 Sep 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Prem Textiles (International) Private Limited?

    Prem Textiles (International) Private Limited was incorporated on 19 Dec 2006.

  • What is authorized share capital and paid-up capital of Prem Textiles (International) Private Limited?

    The authorized share capital of Prem Textiles (International) Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 11.02 Cr.

  • Who are the current board members & directors of Prem Textiles (International) Private Limited?

    Currently 3 directors are associated with Prem Textiles (International) Private Limited.

    • Saurabh Jain
    • Vineet Kasera
    • Subhash Chand Jain

  • What is the registered address of Prem Textiles (International) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prem Textiles (International) Private Limited is Sadar Bazar India, Bhanpura, Madhya Pradesh, 458775.

  • What is the corporate identification number (CIN) and company number of Prem Textiles (International) Private Limited?

    The corporate identification number (CIN) of Prem Textiles (International) Private Limited is U17113MP2006PTC019140 and the company number is 019140 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Prem Textiles (International) Private Limited?

    The Official website of Prem Textiles (International) Private Limited is https://www.premtextiles.com

  • What has been the recent revenue trend for Prem Textiles (International) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Prem Textiles (International) Private Limited has risen by 14.24%.

  • How many employees does Prem Textiles (International) Private Limited currently have?

    As Per 2023 financial reports, 569 employees are currently employed by Prem Textiles (International) Private Limited.

  • What change has been observed in the net worth of Prem Textiles (International) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Prem Textiles (International) Private Limited has experienced an upsurge of 12.38%.

  • What are the total open charges for Prem Textiles (International) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Prem Textiles (International) Private Limited amount to ₹ 92.30 Cr.

  • When was the last Balance Sheet of Prem Textiles (International) Private Limited filed with the ROC?

    The most recent Balance Sheet for Prem Textiles (International) Private Limited was filed with the ROC on 31 Mar 2024.

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