Prestige Spinners Pvt Ltd
Manufacturer and supplier of various types of yarn and hosiery goods since 1989.
1989 | Ludhiana, Punjab (India) | Active
Prestige Spinners Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 1.24 M
- Company Age 35 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.50 Cr
- Satisfied Charges ₹ 1.50 M
- Revenue Growth 2.46%
- Profit Growth -80.07%
- Ebitda -61.01%
- Net Worth 0.52%
- Total Assets 16.46%
About Prestige Spinners
Prestige Spinners Pvt Ltd (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 June 1989 and has a history of 35 years and ten months. Its registered office is in Ludhiana, Punjab, India.
The Company is engaged in the Fashion And Textile 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 2.50 M and a paid-up capital of Rs 1.24 M.
The company currently has active open charges totaling ₹3.50 Cr. The company has closed loans amounting to ₹1.50 M, as per Ministry of Corporate Affairs (MCA) records.
Mudit Gupta, Raman Gupta, and Radhika Gupta serve as directors at the Company.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17297PB1989PTC009432
- Company No.
009432
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Jun 1989
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Fashion and Textile
Manufacturing
Prestige Spinners Pvt Ltd
Explore comprehensive data for Prestige Spinners Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Prestige Spinners?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mudit Gupta  | Director | 10-Jun-2006 | Current |
| Raman Gupta | Director | 02-Jan-2001 | Current |
| Radhika Gupta | Director | 13-Oct-2003 | Current |
Financial Performance of Prestige Spinners.
Prestige Spinners Pvt Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 2.46% increase. The company also saw a substantial fall in profitability, with a 80.07% decrease in profit. The company's net worth moved up by a moderate rise of 0.52%.
- Key Matrics
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- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Prestige Spinners?
In 2023, Prestige Spinners had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Aveer Oils And Fats Private Limited
Mudit Gupta and Radhika Gupta are mutual person
- Suparna Oils And General Mills Private Limited
Radhika Gupta is a mutual person
Charges (Loans)
Open Charges
₹35.00 M
Satisfied Charges
₹1.50 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 2.80 Cr
- Bank Of Punjab Ltd : 0.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Sep 2006 | Hdfc Bank Limited | ₹2.80 Cr | Open |
| 30 Jun 2004 | Bank Of Punjab Ltd | ₹7.00 M | Open |
| 15 May 1991 | State Bank Of India | ₹1.50 M | Satisfied |
How Many Employees Work at Prestige Spinners?
Prestige Spinners has a workforce of 6 employees as of Apr 09, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Prestige Spinners, 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 Spinners's trajectory.
Rating
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
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 Spinners
Recent activity within the organization
- Annual General Meeting
Prestige Spinners Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Prestige Spinners Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
- Charges
A charge with Hdfc Bank Limited of Rs. 28.00 M registered on 16 Sep 2006 with Charge ID 10023566 was modified on 21 Aug 2015.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 28.00 M with Charge ID 10023566 was registered on 16 Sep 2006.
- Director Appointment
Mudit Gupta was appointed as a Director was appointed as a Director on 10 Jun 2006 & has been associated with this company since 18 years 10 months .
- Charges
A charge registered on 15 May 1991 via Charge ID 90179247 with State Bank Of India was fully satisfied on 23 Mar 2006.
Frequently asked questions
What is the Incorporation or founding date of Prestige Spinners Pvt Ltd?
Prestige Spinners Pvt Ltd was incorporated on 15 Jun 1989.
What is authorized share capital and paid-up capital of Prestige Spinners Pvt Ltd?
The authorized share capital of Prestige Spinners Pvt Ltd is ₹ 2.50 M and paid-up capital is ₹ 1.24 M.
Who are the current board members & directors of Prestige Spinners Pvt Ltd?
Currently 3 directors are associated with Prestige Spinners Pvt Ltd.
- Mudit Gupta
- Raman Kumar Gupta
- Radhika Gupta
What is the registered address of Prestige Spinners Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Prestige Spinners Pvt Ltd is 186Industrial Area A Ludhiana India, Punjab, 141003.
What is the corporate identification number (CIN) and company number of Prestige Spinners Pvt Ltd?
The corporate identification number (CIN) of Prestige Spinners Pvt Ltd is U17297PB1989PTC009432 and the company number is 009432 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Prestige Spinners Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Prestige Spinners Pvt Ltd has risen by 2.46%.
How many employees does Prestige Spinners Pvt Ltd currently have?
As Per 2023 financial reports, 6 employees are currently employed by Prestige Spinners Pvt Ltd.
What change has been observed in the net worth of Prestige Spinners Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Prestige Spinners Pvt Ltd has experienced an upsurge of 0.52%.
What are the total open charges for Prestige Spinners Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Prestige Spinners Pvt Ltd amount to ₹ 3.50 Cr.
When was the last Balance Sheet of Prestige Spinners Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Prestige Spinners Pvt Ltd was filed with the ROC on 31 Mar 2023.
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