Puneet Textiles Ltd

Textile trading company established in 1986, based in Mumbai, Maharashtra.

1986 | Mumbai, Maharashtra (India) | Active
Last Updated: December 31, 2024

Puneet Textiles Profile

Key Indicators

  • Authorised Capital ₹ 10.25 Cr
  • Paid Up Capital ₹ 2.49 M
  • Company Age 38 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -71.53%
  • Profit Growth -96.94%
  • Ebitda -144.10%
  • Net Worth -0.01%
  • Total Assets

About Puneet Textiles

Puneet Textiles Ltd (PTL) is a Public Limited Indian Non-Government Company incorporated in India on 12 December 1986 and has a history of 38 years and one month. Its registered office is in Mumbai, Maharashtra, India.

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 10.25 Cr and a paid-up capital of Rs 2.49 M, as per Ministry of Corporate Affairs (MCA) records.

Subhashchandra Sharma, Pawankumar Barasia, and Pratik Barasia 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

    U17110MH1986PLC041886

  • Company No.

    041886

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Dec 1986

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle

Who are the key members and board of directors at Puneet Textiles?

Board Members (3)

Name Designation Appointment Date Status
Pratik Barasia Country flag representing In Director 03-Mar-2015 Current
Subhashchandra Sharma Country flag representing In Director 14-May-2001 Current
Pawankumar Barasia Country flag representing In Director 11-Jun-1988 Current

Financial Performance of Puneet Textiles.

Puneet Textiles Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 71.53% decrease. The company also saw a substantial fall in profitability, with a 96.94% decrease in profit. The company's net worth dipped by a decrease of 0.01%.

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
-71.53%
Revenue from Operations
Total Assets
Profit or Loss
-96.94%
Net Worth
-0.01%
EBITDA
-144.10%

What is the Ownership and Shareholding Structure of Puneet Textiles?

In 2022, Puneet Textiles had a promoter holding of 97.99% and a public holding of 2.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Puneet Textiles?

Unlock and access historical data on people associated with Puneet Textiles, 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 Puneet Textiles, 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 Puneet Textiles'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 Puneet Textiles

Recent activity within the organization

  • Annual General Meeting

    Puneet Textiles Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Puneet Textiles Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Pratik Pawankumar Barasia was appointed as a Director was appointed as a Director on 03 Mar 2015 & has been associated with this company since 9 years 11 months .

    03 Mar 2015

  • Director Appointment

    Subhashchandra Govindram Sharma was appointed as a Director was appointed as a Director on 14 May 2001 & has been associated with this company since 23 years 8 months .

    14 May 2001

  • Director Appointment

    Pawankumar Jugalkishore Barasia was appointed as a Director was appointed as a Director on 11 Jun 1988 & has been associated with this company since 36 years 7 months .

    11 Jun 1988

  • Company Incorporation

    Puneet Textiles Ltd was registered on 12 Dec 1986 with Roc Mumbai & aged 38 years 1 month as per MCA records.

    12 Dec 1986

Frequently asked questions

  • Puneet Textiles Ltd was incorporated on 12 Dec 1986.

  • The authorized share capital of Puneet Textiles Ltd is ₹ 10.25 Cr and paid-up capital is ₹ 2.49 M.

  • Currently 3 directors are associated with Puneet Textiles Ltd.

    • Subhashchandra Govindram Sharma
    • Pawankumar Jugalkishore Barasia
    • Pratik Pawankumar Barasia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Puneet Textiles Ltd is 428 Kalbadevi Rd 2 Nd Fl Abhay House India, Mumabi, Maharashtra, 400002.

  • The corporate identification number (CIN) of Puneet Textiles Ltd is U17110MH1986PLC041886 and the company number is 041886 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Puneet Textiles Ltd has fallen by -71.53%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Puneet Textiles Ltd has experienced an downturn of -0.01%.

  • The most recent Balance Sheet for Puneet Textiles Ltd was filed with the ROC on 31 Mar 2024.

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