Prempreet Textile Industries Private Limited

Trading yarn and yarn waste since 1991, based in Maharashtra.

1991 | Mumbai, Maharashtra (India) | Active
Last Updated: July 16, 2024

Prempreet Textile Industries Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.75 Cr
  • Company Age 33 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 2.88 Cr
  • Revenue Growth -97.21%
  • Profit Growth -74.57%
  • Ebitda -121.29%
  • Net Worth -0.65%
  • Total Assets -3.77%

About Prempreet Textile Industries

Prempreet Textile Industries Private Limited (PTIPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 November 1991 and has a history of 33 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Prempreet Textile Industries Limited. The Company is engaged in the Home & Lifestyle 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 3.00 Cr and a paid-up capital of Rs 1.75 Cr.

The company has closed loans amounting to ₹2.88 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Chetan Kothari and Sidharth Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17120MH1991PTC064229

  • Company No.

    064229

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Nov 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle

Who are the key members and board of directors at Prempreet Textile Industries?

Board Members (2)

NameDesignationAppointment DateStatus
Chetan Kothari Country flag representing In Director 18-Feb-2002Current
Sidharth Shah Country flag representing In Director 01-Oct-2011Current

Financial Performance of Prempreet Textile Industries.

Prempreet Textile Industries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 97.21% decrease. The company also saw a substantial fall in profitability, with a 74.57% decrease in profit. The company's net worth dipped by a decrease of 0.65%.

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
-97.21%
Revenue from Operations
Total Assets
-3.77%
Profit or Loss
-74.57%
Net Worth
-0.65%
EBITDA
-121.29%

What is the Ownership and Shareholding Structure of Prempreet Textile Industries?

In 2023, Prempreet Textile Industries 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

₹2.88 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 2.88 Cr

Latest Charge Details

DateLenderAmountStatus
08 May 2013Bank Of Baroda₹6.30 MSatisfied
26 Dec 2000Bank Of Baroda₹1.25 CrSatisfied
17 Dec 1994Bank Of Baroda₹2.50 MSatisfied
18 Nov 1993Bank Of Baroda₹2.50 MSatisfied
18 Nov 1993Bank Of Baroda₹5.00 MSatisfied

How Many Employees Work at Prempreet Textile Industries?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prempreet Textile Industries, 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 Prempreet Textile Industries'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 Prempreet Textile Industries

Recent activity within the organization

  • Annual General Meeting

    Prempreet Textile Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Prempreet Textile Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 08 May 2013 via Charge ID 10427386 with Bank Of Baroda was fully satisfied on 18 Jan 2017.

    18 Jan 2017

  • Charges

    A charge registered on 26 Dec 2000 via Charge ID 90152580 with Bank Of Baroda was fully satisfied on 06 Mar 2014.

    06 Mar 2014

  • Charges

    A charge registered on 17 Dec 1994 via Charge ID 90153079 with Bank Of Baroda was fully satisfied on 06 Mar 2014.

    06 Mar 2014

  • Charges

    A charge registered on 18 Nov 1993 via Charge ID 80067323 with Bank Of Baroda was fully satisfied on 06 Mar 2014.

    06 Mar 2014

Frequently asked questions

  • Prempreet Textile Industries Private Limited was incorporated on 29 Nov 1991.

  • The authorized share capital of Prempreet Textile Industries Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.75 Cr.

  • Currently 2 directors are associated with Prempreet Textile Industries Private Limited.

    • Chetan Mansukhlal Kothari
    • Sidharth Nyalchand Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prempreet Textile Industries Private Limited is P-60 2Nd Flr Bldg C-2 Shree Mahavir Jain Chsl Shankar Lane Kandivali (West), Mumbai, Maharashtra, India, 400067.

  • The corporate identification number (CIN) of Prempreet Textile Industries Private Limited is U17120MH1991PTC064229 and the company number is 064229 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prempreet Textile Industries Private Limited has fallen by -97.21%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prempreet Textile Industries Private Limited has experienced an downturn of -0.65%.

  • The most recent Balance Sheet for Prempreet Textile Industries Private Limited was filed with the ROC on 31 Mar 2023.

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