Prestige Polyester Private Limited

Manufactures and trades yarn, incorporated in 1988, based in Mumbai.

1988 | Mumbai, Maharashtra (India) | Active
Last Updated: January 13, 2025

Prestige Polyester Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 4.00 M
  • Company Age 36 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.73 Cr
  • Revenue Growth %
  • Profit Growth -279.53%
  • Ebitda -279.53%
  • Net Worth -0.69%
  • Total Assets %

About Prestige Polyester

Prestige Polyester Private Limited (PPPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 July 1988 and has a history of 36 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Prestige Polyester 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 1.00 Cr and a paid-up capital of Rs 4.00 M.

The company currently has active open charges totaling ₹3.73 Cr.

Prabhakar Sawant and Asha Gupta 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

    U17110MH1988PTC048273

  • Company No.

    048273

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jul 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

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

Board Members (2)

Name Designation Appointment Date Status
Prabhakar Sawant Country flag representing In Director 30-Sep-2015 Current
Asha Gupta Country flag representing In Director 28-Jul-1988 Current

Financial Performance of Prestige Polyester.

Prestige Polyester Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 279.53% decrease in profit. The company's net worth dipped by a decrease of 0.69%.

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
Revenue from Operations
Total Assets
Profit or Loss
-279.53%
Net Worth
-0.69%
EBITDA
-279.53%

What is the Ownership and Shareholding Structure of Prestige Polyester?

In 2022, Prestige Polyester had a public 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

₹3.73 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2.86 Cr
  • Gujarat Industrial Investment Corporation Ltd : 0.87 Cr

Latest Charge Details

Date Lender Amount Status
28 Jan 1994 State Bank Of India ₹1.33 Cr Open
22 Feb 1992 State Bank Of India ₹9.80 M Open
20 Feb 1992 State Bank Of India ₹3.00 M Open
14 Mar 1991 State Bank Of India ₹2.50 M Open
30 Mar 1990 Gujarat Industrial Investment Corporation Ltd ₹8.70 M Open

How Many Employees Work at Prestige Polyester?

Unlock and access historical data on people associated with Prestige Polyester, 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 Prestige Polyester, 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 Polyester'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 Polyester

Recent activity within the organization

  • Annual General Meeting

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

    31 Mar 2024

  • Director Appointment

    Prabhakar Shridhar Sawant was appointed as a Director was appointed as a Director on 30 Sep 2015 & has been associated with this company since 9 years 4 months .

    30 Sep 2015

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.33 Cr with Charge ID 90228725 was registered on 28 Jan 1994.

    28 Jan 1994

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.98 Cr with Charge ID 90228506 was registered on 22 Feb 1992.

    22 Feb 1992

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.30 Cr with Charge ID 90228504 was registered on 20 Feb 1992.

    20 Feb 1992

Frequently asked questions

  • Prestige Polyester Private Limited was incorporated on 28 Jul 1988.

  • The authorized share capital of Prestige Polyester Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.00 M.

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

    • Prabhakar Shridhar Sawant
    • Asha Lakshminarain Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prestige Polyester Private Limited is B-37 Nand Bhavan Ind Estatemahakali Caves Rd Andheri East India, Mumbai, Maharashtra, 400093.

  • The corporate identification number (CIN) of Prestige Polyester Private Limited is U17110MH1988PTC048273 and the company number is 048273 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2022 indicates that The net worth of Prestige Polyester Private Limited has experienced an downturn of -0.69%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Prestige Polyester Private Limited amount to ₹ 3.73 Cr.

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

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