Prime Urban Development India Limited

This company specializes in real estate development and exporting cotton yarns and fabrics.

1936 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 12, 2024

Prime Urban Development India Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 5.33 Cr
  • Company Age 88 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.60 M
  • Satisfied Charges ₹ 273.12 Cr
  • Revenue Growth -63.00%
  • Profit Growth -228.60%
  • Ebitda -3.56%
  • Net Worth -85.70%
  • Total Assets -11.18%

About Prime Urban Development India

Prime Urban Development India Limited (PUDIL) was founded in India on 16 November 1936 and has a glorious history of 88 years and three months.Its registered office is in Coimbatore, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 521149.

The Corporate was formerly known as Asher Textiles 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 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 5.33 Cr.

The company currently has active open charges totaling ₹5.60 M. The company has closed loans amounting to ₹273.12 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Prime Urban Development India Limited India are Srigarudananda Udayananda as CFO and Darshi Shah as Company Secretary. Pradeep Malu, Manoj Patodia, Anuj Patodia, and Two other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ptlonline.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L70200TZ1936PLC000001

  • Company No.

    000001

  • Stock Symbol

    BSE : 521149

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Nov 1936

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Coimbatore

Industry

Home & Lifestyle
Real Estate and Construction

What products or services does Prime Urban Development India Limited offer?

Prime Urban Development India Limited offers a wide range of products and services, including Knitwear, Other Textile Fabrics, Woven Fabrics.

Who are the key members and board of directors at Prime Urban Development India?

Executive Team (3)

NameDesignationAppointment DateStatus
Purusottamdas Patodia Country flag representing In Managing Director14-May-1988Current
Srigarudananda Udayananda Country flag representing In CFO14-Aug-2014Current
Darshi Shah Country flag representing In Company Secretary05-Nov-2019Current

Board Members (4)

NameDesignationAppointment DateStatus
Pradeep Malu Country flag representing In Director 29-May-2024Current
Manoj Patodia Country flag representing In Director 19-Oct-1989Current
Anuj Patodia Country flag representing In Director 21-Jun-2002Current
Shailly Kedia Country flag representing In Director 25-May-2022Current

Financial Performance of Prime Urban Development India.

Prime Urban Development India Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 63% decrease. The company also saw a substantial fall in profitability, with a 228.6% decrease in profit. The company's net worth observed a substantial decline by a decrease of 85.7%.

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
-63.00%
Revenue from Operations
-70.30%
Total Assets
-11.18%
Profit or Loss
-228.60%
Net Worth
-85.70%
EBITDA
-3.56%

What is the Ownership and Shareholding Structure of Prime Urban Development India?

In 2022, Prime Urban Development India had a promoter holding of 71.03% and a public holding of 28.96%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.56 Cr

Satisfied Charges

₹273.12 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.56 Cr

Latest Charge Details

DateLenderAmountStatus
04 Sep 2018Axis Bank Limited₹5.60 MOpen
07 Sep 2017Others₹40.00 CrSatisfied
20 Oct 2011Corporation Bank₹10.00 CrSatisfied
06 Feb 2009New Line Buildtech Private Limited₹18.00 CrSatisfied
25 Jan 2006Bank Of India Ssi Branch₹1.25 CrSatisfied

How Many Employees Work at Prime Urban Development India?

Unlock and access historical data on people associated with Prime Urban Development India, 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 Prime Urban Development India, 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 Prime Urban Development India'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 Prime Urban Development India

Recent activity within the organization

  • Annual General Meeting

    Prime Urban Development India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Pradeep Malu was appointed as a Director was appointed as a Director on 29 May 2024 & has been associated with this company since 8 months 24 days .

    29 May 2024

  • Balance Sheet

    Prime Urban Development India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Director Appointment

    Shailly Kedia was appointed as a Director was appointed as a Director on 25 May 2022 & has been associated with this company since 2 years 8 months .

    25 May 2022

  • Charges

    A charge registered on 02 Dec 1999 via Charge ID 90008742 with Others was fully satisfied on 17 Nov 2020.

    17 Nov 2020

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.56 Cr with Charge ID 100257233 was registered on 04 Sep 2018.

    04 Sep 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Prime Urban Development India Limited was incorporated on 16 Nov 1936.

  • The authorized share capital of Prime Urban Development India Limited is ₹ 20.00 Cr and paid-up capital is ₹ 5.33 Cr.

  • Currently 7 directors are associated with Prime Urban Development India Limited.

    • Pradeep Malu
    • Manoj Kumar Patodia
    • Anuj Patodia
    • Purusottamdas Patodia
    • Shailly Kedia
    • Srigarudananda Udayananda
    • Darshi Shailesh Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prime Urban Development India Limited is Door No. 164/18 Maruthachalapuram Main Road Opp. Ration Office, 60 Feet Raod India, Tiruppur, Tamil Nadu, 641603.

  • The corporate identification number (CIN) of Prime Urban Development India Limited is L70200TZ1936PLC000001 and the company number is 000001 as per Ministry of Corporate Affairs (MCA).

  • Yes, Prime Urban Development India Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Prime Urban Development India Limited is https://www.ptlonline.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Prime Urban Development India Limited has fallen by -63.00%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Prime Urban Development India Limited has experienced an downturn of -85.70%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Prime Urban Development India Limited amount to ₹ 5.60 M.

  • The most recent Balance Sheet for Prime Urban Development India Limited was filed with the ROC on 31 Mar 2024.

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