Prime Shoes Private Limited
About Prime Shoes Private Limited
Data last updated:
Prime Shoes Private Limited was a private limited company based in Jaysingpur, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 20 January 2012.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U19200PN2012PTC142021. Its GSTIN is 27AAGCP3948P1ZN (Maharashtra).
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20 Lakh. It was led by directors Pramod Narayan Pujari and Jawahar Jingonda Patil.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Plot No. 124 L. K. Akiwate Industrial Estate Jaysingpur Tal: Shirol Dist: Kolhapur, Maharashtra, India – 416101.
As per the financials filed for FY 2021, the company reported a revenue of ₹17,860, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹10,388 (net margin 58.2%) and EBITDA of ₹10,388 (EBITDA margin 58.2%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 73% over five years.
The company had about 196 employees on its provident fund (EPFO) records before it was struck off.
Company details
Contact details
Prime Shoes Private Limited's registered office is in Jaysingpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 124 L. K. Akiwate Industrial Estate Jaysingpur Tal: Shirol Dist: Kolhapur, Maharashtra, India – 416101
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Prime Shoes Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Prime Shoes Private Limited
FY 2021 filings availablePrime Shoes Private Limited reported revenue of ₹17,860 (down 48% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 73% over five years, including a 48% fall in the latest year. EBITDA rose 102% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹17,860 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10,388 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10,388 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 58.2% | ||||
| Net Profit Margin | 58.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Prime Shoes Private Limited, buy the company report.
Board of directors of Prime Shoes Private Limited
Prime Shoes has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Narayan Pujari | Director | 20 Jan 2012 | 14 Years 9 Months | As last reported |
| Jawahar Jingonda Patil Also directs: Kolhapur Foundry and Egineering Cluster | Director | 20 Jan 2012 | 14 Years 9 Months | As last reported |
Peer comparison
Prime Shoes Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indraprastha Soles Private Limited | ₹21,742 (FY 2024) | -3.0% | Delhi, India | |||
| K and I Fashions Private Limited | ₹21,486 (FY 2024) | -22.0% | New Delhi, Delhi, India | |||
| Narmada Footcare Private Limited | ₹21,354 (FY 2023) | 23.0% | Delhi, India | |||
| Kambe Indo Germa Private Limited | ₹20,000 (FY 2022) | -44.0% | New Delhi, Delhi, India | |||
| Elegant Shoes Private Limited | ₹19,000 (FY 2022) | 271.0% | Kalyan West, Maharashtra, India | |||
| Prime Shoes Private Limitedthis company | ₹17,860 (FY 2021) | ₹10,388 | 58.2% | -48.0% | 196 | Jaysingpur, Maharashtra, India |
| M D G Footwear Private Limited | ₹15,567 (FY 2025) | 58.0% | Delhi, India | |||
| Vimsons Rubbers Pvt Ltd | ₹15,332 (FY 2024) | Kozhikode, Kerala, India | ||||
| Emporio B.O.S. Designs Limited | ₹14,537 (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Excellent Lifestyle Limited | ₹13,694 (FY 2021) | 480.0% | New Delhi, Delhi, India | |||
| Api Associates Private Limited | ₹13,582 (FY 2024) | -100.0% | New Delhi, Delhi, India |
To see the full peer comparison of Prime Shoes Private Limited, buy the company report.
Auditor
Prime Shoes Private Limited is audited by JOGALEKAR AND ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOGALEKAR AND ASSOCIATES | FY 2021 | 139799W |
Shareholding
The shareholding of Prime Shoes Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prime Shoes Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Prime Shoes Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Prime Shoes Private Limited was last rated by Crisil on 27 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Mar 2020 |
To see the full credit ratings and regulatory alerts of Prime Shoes Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prime Shoes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prime Shoes Private Limited has a workforce of 196 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Prime Shoes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCP3948P1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prime Shoes Private Limited, buy the company report.
Recent activity
Prime Shoes Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Pramod Vasantrao Kulkarni ceased to be Director on 27 Feb 2020.
Frequently asked questions
Prime Shoes has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Prime Shoes was a private limited company based in Jaysingpur, Maharashtra, India. The company worked in footwear manufacturing, within the consumer goods industry. It was incorporated on 20 January 2012 and is registered under CIN U19200PN2012PTC142021. The company has been struck off by the Registrar of Companies and is no longer operational.
Prime Shoes had 2 directors:
- Pramod Narayan Pujari - Director
- Jawahar Jingonda Patil - Director
The CIN (Corporate Identification Number) of Prime Shoes is U19200PN2012PTC142021. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Prime Shoes is at Plot No. 124 L. K. Akiwate Industrial Estate Jaysingpur Tal: Shirol Dist: Kolhapur, Maharashtra, India – 416101.
Prime Shoes was incorporated on 20 January 2012. It is registered with the Registrar of Companies, Pune.
The latest financial statements of Prime Shoes on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Prime Shoes is 27AAGCP3948P1ZN, registered in Maharashtra.
Prime Shoes operated in the consumer goods industry, in the footwear manufacturing segment. It worked in this industry before it was struck off.
The peers of Prime Shoes by revenue are Indraprastha Soles Private Limited, K and I Fashions Private Limited, Narmada Footcare Private Limited, Kambe Indo Germa Private Limited, Elegant Shoes Private Limited and 5 more, all in the Consumer Products industry (Footwear Manufacturers).
Pramod Vasantrao Kulkarni ceased to be Director on 27 Feb 2020. Prasad Vinayak Ashtekar ceased to be Director on 27 Feb 2020. Ramchandra Shankarao Kulkarni ceased to be Director on 27 Feb 2020. Prime Shoes has 7 board changes on record in total.
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