Prestige Castings Private Limited

Manufacturer of aluminum cast components, indoor/outdoor lighting products, and street light poles. ISO certified with clients in various industries.

1994 | Malad West, Maharashtra (India) | Active
Last Updated: July 17, 2024

Prestige Castings Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 30 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.37 Cr
  • Satisfied Charges ₹ 11.78 Cr
  • Revenue Growth 27.03%
  • Profit Growth -66.34%
  • Ebitda -12.07%
  • Net Worth 17.54%
  • Total Assets -2.70%

About Prestige Castings

Prestige Castings Private Limited (PCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 October 1994 and has a history of 30 years and four months. Its registered office is in Malad West, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 1.50 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹5.37 Cr. The company has closed loans amounting to ₹11.78 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sarita Patil and Mangesh Patil serve as directors at the Company.

Company Details

  • Location

    Malad West, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    prestigecastings.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27200MH1994PTC081895

  • Company No.

    081895

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Oct 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

Who are the key members and board of directors at Prestige Castings?

Board Members (2)

Name Designation Appointment Date Status
Sarita Patil Country flag representing In Director 01-Apr-2019 Current
Mangesh Patil Country flag representing In Director 10-Oct-1994 Current

Financial Performance of Prestige Castings.

Prestige Castings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.03% increase. The company also saw a substantial fall in profitability, with a 66.34% decrease in profit. The company's net worth Soared by an impressive increase of 17.54%.

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
27.03%
Revenue from Operations
26.85%
Total Assets
-2.70%
Profit or Loss
-66.34%
Net Worth
17.54%
EBITDA
-12.07%

What is the Ownership and Shareholding Structure of Prestige Castings?

In 2022, Prestige Castings 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

₹5.37 Cr

Satisfied Charges

₹11.78 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 5.00 Cr
  • Others : 0.38 Cr

Latest Charge Details

Date Lender Amount Status
09 Feb 2024 Others ₹3.75 M Open
05 Jan 2024 Axis Bank Limited ₹4.25 Cr Open
24 Sep 2022 Axis Bank Limited ₹5.02 M Open
09 Sep 2022 Axis Bank Limited ₹2.47 M Open
22 Jun 2022 Axis Bank Limited ₹3.12 M Satisfied

How Many Employees Work at Prestige Castings?

Prestige Castings has a workforce of 13 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prestige Castings, 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 Prestige Castings'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 Prestige Castings

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.38 Cr with Charge ID 100867652 was registered on 09 Feb 2024.

    09 Feb 2024

  • Charges

    A charge registered on 22 Jun 2022 via Charge ID 100584750 with Axis Bank Limited was fully satisfied on 02 Feb 2024.

    02 Feb 2024

  • Charges

    A charge registered on 22 Jun 2022 via Charge ID 100585856 with Axis Bank Limited was fully satisfied on 12 Jan 2024.

    12 Jan 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.25 Cr with Charge ID 100845036 was registered on 05 Jan 2024.

    05 Jan 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge registered on 16 Jul 2021 via Charge ID 100468828 with Others was fully satisfied on 18 Aug 2023.

    18 Aug 2023

Frequently asked questions

  • Prestige Castings Private Limited was incorporated on 10 Oct 1994.

  • The authorized share capital of Prestige Castings Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 2 directors are associated with Prestige Castings Private Limited.

    • Sarita Mangesh Patil
    • Mangesh Azad Patil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prestige Castings Private Limited is 201 Samruddhi Commercial Premises Co-Op Soc Ltd Chincholi Bunder Road Off Link Road Mi, Nd Space, Malad West, Maharashtra, India, 400064.

  • The corporate identification number (CIN) of Prestige Castings Private Limited is U27200MH1994PTC081895 and the company number is 081895 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prestige Castings Private Limited is https://www.prestigecastings.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prestige Castings Private Limited has risen by 27.03%.

  • As Per 2023 financial reports, 13 employees are currently employed by Prestige Castings Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prestige Castings Private Limited has experienced an upsurge of 17.54%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prestige Castings Private Limited amount to ₹ 5.37 Cr.

  • The most recent Balance Sheet for Prestige Castings Private Limited was filed with the ROC on 31 Mar 2023.

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