Prince Synthetics Pvt Ltd

Founded in 1987 and headquartered in Maharashtra, India.

1987 | Mumbai, Maharashtra (India) | Active
Last Updated: December 26, 2024

Prince Synthetics Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 37 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 6.50 M
  • Revenue Growth 56.08%
  • Profit Growth 125.88%
  • Ebitda 69.97%
  • Net Worth 3.92%
  • Total Assets 3.84%

About Prince Synthetics

Prince Synthetics Pvt Ltd (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 October 1987 and has a history of 37 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Appreal & Fashion 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 2.00 M and a paid-up capital of Rs 2.00 M.

The company has closed loans amounting to ₹6.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ashwin Mulchandani and Malika Mulchandani serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    princeavc.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24304MH1987PTC245739

  • Company No.

    245739

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Oct 1987

  • Date of AGM

    05 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Appreal & Fashion

Who are the key members and board of directors at Prince Synthetics?

Board Members (2)

Name Designation Appointment Date Status
Ashwin Mulchandani Country flag representing In Director 20-Dec-2006 Current
Malika Mulchandani Additional Director 25-Sep-2024 Current

Financial Performance of Prince Synthetics.

Prince Synthetics Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 56.08% increase. The company also saw a substantial improvement in profitability, with a 125.88% increase in profit. The company's net worth moved up by a moderate rise of 3.92%.

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
56.08%
Revenue from Operations
Total Assets
3.84%
Profit or Loss
125.88%
Net Worth
3.92%
EBITDA
69.97%

What is the Ownership and Shareholding Structure of Prince Synthetics?

In 2017, Prince Synthetics had a promoter holding of 88.30% and a public holding of 11.70%. 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

Satisfied Charges

₹6.50 M

Charges Breakdown by Lending Institutions

  • Ichalkaranji Janata Sahakari Bank Limited : 0.65 Cr

Latest Charge Details

Date Lender Amount Status
07 Jan 2005 Ichalkaranji Janata Sahakari Bank Limited ₹0.50 M Satisfied
11 Feb 2004 Ichalkaranji Janata Sahakari Bank Limited ₹1.50 M Satisfied
05 Aug 1999 Ichalkaranji Janata Sahakari Bank Limited ₹0.50 M Satisfied
04 May 1988 Ichalkaranji Janata Sahakari Bank Limited ₹4.00 M Satisfied

How Many Employees Work at Prince Synthetics?

Unlock and access historical data on people associated with Prince Synthetics, 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 Prince Synthetics, 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 Prince Synthetics'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 Prince Synthetics

Recent activity within the organization

  • Director Appointment

    Malika Ashwin Mulchandani was appointed as a Additional Director was appointed as a Additional Director on 25 Sep 2024 & has been associated with this company since 4 months 20 days .

    25 Sep 2024

  • Annual General Meeting

    Prince Synthetics Pvt Ltd last Annual general meeting of members was held on 05 Jul 2024 as per latest MCA records.

    05 Jul 2024

  • Balance Sheet

    Prince Synthetics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 07 Jan 2005 via Charge ID 90088895 with Ichalkaranji Janata Sahakari Bank Limited was fully satisfied on 01 Oct 2010.

    01 Oct 2010

  • Charges

    A charge registered on 11 Feb 2004 via Charge ID 90086667 with Ichalkaranji Janata Sahakari Bank Limited was fully satisfied on 01 Oct 2010.

    01 Oct 2010

  • Charges

    A charge registered on 05 Aug 1999 via Charge ID 90085128 with Ichalkaranji Janata Sahakari Bank Limited was fully satisfied on 01 Oct 2010.

    01 Oct 2010

Frequently asked questions

  • Prince Synthetics Pvt Ltd was incorporated on 06 Oct 1987.

  • The authorized share capital of Prince Synthetics Pvt Ltd is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 2 directors are associated with Prince Synthetics Pvt Ltd.

    • Ashwin Hariram Mulchandani
    • Malika Ashwin Mulchandani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prince Synthetics Pvt Ltd is B-11 Creative Industrial Estate Sitaram Mill Compound N M Joshi Marg Parel, - India, Mumbai, Maharashtra, 400011.

  • The corporate identification number (CIN) of Prince Synthetics Pvt Ltd is U24304MH1987PTC245739 and the company number is 245739 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prince Synthetics Pvt Ltd is https://www.princeavc.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Prince Synthetics Pvt Ltd has risen by 56.08%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Prince Synthetics Pvt Ltd has experienced an upsurge of 3.92%.

  • The most recent Balance Sheet for Prince Synthetics Pvt Ltd was filed with the ROC on 31 Mar 2024.

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