Prestige Fashions Private Limited

Retailer of men, women, and children's clothing and accessories from various brands.

1996 | Bangaluru, Karnataka (India) | Active
Last Updated: February 04, 2025

Prestige Fashions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.50 M
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.90 Cr
  • Satisfied Charges ₹ 8.00 M
  • Revenue Growth 62.84%
  • Profit Growth 3337.80%
  • Ebitda 1.14%
  • Net Worth 18.46%
  • Total Assets 16.41%

About Prestige Fashions

Prestige Fashions Private Limited (PFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 March 1996 and has a history of 28 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

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 1.00 Cr and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹6.90 Cr. The company has closed loans amounting to ₹8.00 M, as per Ministry of Corporate Affairs (MCA) records.

Noaman Razack, Irfanrazack, and Rezwan Razack serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    prestigefashions.net

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1996PTC020005

  • Company No.

    020005

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Mar 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Goods
Manufacturing

What products or services does Prestige Fashions Private Limited offer?

Prestige Fashions Private Limited offers a wide range of products and services, including Girls Formal Dress, Formal Wear, Groom Wear, Sherwani, Garments & Textiles Job Work, Stitching Services, Corporate Gifts, Gift Cards, Men Formal Wear, Men Suits.

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

Board Members (3)

NameDesignationAppointment DateStatus
Noaman Razack Country flag representing In Director 07-Mar-1996Current
Irfanrazack Country flag representing In Director 07-Mar-1996Current
Rezwan Razack Country flag representing In Director 07-Mar-1996Current

Financial Performance of Prestige Fashions.

Prestige Fashions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 62.84% increase. The company also saw a substantial improvement in profitability, with a 3337.8% increase in profit. The company's net worth Soared by an impressive increase of 18.46%.

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
62.84%
Revenue from Operations
62.09%
Total Assets
16.41%
Profit or Loss
3337.80%
Net Worth
18.46%
EBITDA
1.14%

What is the Ownership and Shareholding Structure of Prestige Fashions?

Unlock access to Prestige Fashions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.90 Cr

Satisfied Charges

₹0.80 Cr

Charges Breakdown by Lending Institutions

  • Uti Bank Limited : 4.10 Cr
  • Uti Bank Limited. : 1.00 Cr
  • Axis Bank Limited : 1.00 Cr
  • Global Trust Bank Ltd : 0.50 Cr
  • Banque Natiohale De Paris : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
15 Sep 2010Axis Bank Limited₹1.00 CrOpen
24 Jul 2006Uti Bank Limited.₹1.00 CrOpen
10 Mar 2006Uti Bank Limited₹4.10 CrOpen
12 Mar 1998Global Trust Bank Ltd₹5.00 MOpen
04 Jun 1996Banque Natiohale De Paris₹3.00 MOpen

How Many Employees Work at Prestige Fashions?

Prestige Fashions has a workforce of 80 employees as of Mar 30, 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 Fashions, 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 Fashions'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 Fashions

Recent activity within the organization

  • Annual General Meeting

    Prestige Fashions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Prestige Fashions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 1.00 Cr registered on 15 Sep 2010 with Charge ID 10251920 was modified on 20 Dec 2019.

    20 Dec 2019

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.00 Cr with Charge ID 10251920 was registered on 15 Sep 2010.

    15 Sep 2010

  • Charges

    A charge with Uti Bank Limited. amounted to Rs. 1.00 Cr with Charge ID 10019173 was registered on 24 Jul 2006.

    24 Jul 2006

  • Charges

    A charge with Uti Bank Limited of Rs. 4.10 Cr registered on 10 Mar 2006 with Charge ID 10001399 was modified on 04 May 2006.

    04 May 2006

Frequently asked questions

  • Prestige Fashions Private Limited was incorporated on 07 Mar 1996.

  • The authorized share capital of Prestige Fashions Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.50 M.

  • Currently 3 directors are associated with Prestige Fashions Private Limited.

    • Noaman Razack
    • Irfanrazack
    • Rezwan Razack
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prestige Fashions Private Limited is Prestige Falcon Tower No.19, Brunton Road India, Bangalore, Karnataka, 560025.

  • The corporate identification number (CIN) of Prestige Fashions Private Limited is U85110KA1996PTC020005 and the company number is 020005 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prestige Fashions Private Limited is https://www.prestigefashions.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prestige Fashions Private Limited has risen by 62.84%.

  • As Per 2023 financial reports, 80 employees are currently employed by Prestige Fashions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prestige Fashions Private Limited has experienced an upsurge of 18.46%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prestige Fashions Private Limited amount to ₹ 6.90 Cr.

  • The most recent Balance Sheet for Prestige Fashions Private Limited was filed with the ROC on 31 Mar 2024.

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