Prominent Barter Private Limited
About Prominent Barter Private Limited
Data last updated:
Prominent Barter Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the retail trade segment of the home appliances and consumer durables sector. It was incorporated on 25 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52100KA2010PTC108515. Its GSTIN is 29AAFCP4896F1ZW (Karnataka).
The company has an authorised share capital of ₹6.87 Lakh and a paid-up capital of ₹6.87 Lakh. It is led by directors including Udit Narayan Sah and Amit Kumar.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Bengaluru, Karnataka.
As per the financials filed for FY 2020, the company reported a revenue of ₹7.7 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net profit of ₹2.71 Lakh (net margin 35.2%) and EBITDA of ₹7.34 Lakh (EBITDA margin 95.3%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Prominent Barter has one previous CIN (Corporate Identification Number): U52100WB2010PTC149271. The current CIN is U52100KA2010PTC108515, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100KA2010PTC108515 | Current |
| U52100WB2010PTC149271 | Previous |
Contact details
Prominent Barter Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressL502 Snn Raj Lake View 29th Main N.S. Palya Btm Layout 2nd Sta, Ge, Bengaluru, Karnataka, India – 560076
- IndustryHome Appliances, Retailers, Non Specialized Stores
To see the full contact details of Prominent Barter 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 Prominent Barter Private Limited
FY 2020 filings availableProminent Barter Private Limited reported revenue of ₹7.7 Lakh (down 62% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over three years, including a 62% fall in the latest year. EBITDA fell 33% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹7.7 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.34 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.71 Lakh | ||||
| 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 | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 95.3% | ||||
| Net Profit Margin | 35.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Prominent Barter Private Limited, buy the company report.
Board of directors of Prominent Barter Private Limited
Prominent Barter has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Udit Narayan Sah Also directs: Periplex Real Estate and Land Developers Private Limited | Director | 11 Jul 2016 | 10 Years 3 Months | Current |
| Amit Kumar | Director | 11 Jul 2016 | 10 Years 3 Months | Current |
| Shalini Kumari | Director | 15 Jun 2017 | 9 Years 4 Months | Current |
Shareholding
The shareholding of Prominent Barter Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Prominent Barter Private Limited, buy the company report.
Legal cases
Prominent Barter Private Limited has 1 court case on record: 1 filed by Prominent Barter. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors | Disposed |
To see the full case history of Prominent Barter Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prominent Barter Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prominent Barter has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCP4896F1ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prominent Barter Private Limited, buy the company report.
Recent activity
Prominent Barter Private Limited has 15 board changes on record since 2010: 9 appointments and 6 cessations. The latest: Shalini Kumari was appointed as Director on 15 Jun 2017.
6 earlier events are in the company report.
Frequently asked questions
Prominent Barter is an active private limited company based in Bengaluru, Karnataka, India. The company works in retailers, within the home appliances industry. It was incorporated on 25 May 2010 (16+ years old) and is registered under CIN U52100KA2010PTC108515.
Prominent Barter has 3 current directors:
- Udit Narayan Sah - Director
- Amit Kumar - Director
- Shalini Kumari - Director
The latest financial statements of Prominent Barter on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Prominent Barter is 29AAFCP4896F1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Prominent Barter is U52100KA2010PTC108515. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prominent Barter has 1 court case on record: 1 filed by the company.
Prominent Barter was incorporated on 25 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Shalini Kumari was appointed as Director on 15 Jun 2017. Birendra Sharma ceased to be Director on 08 Aug 2016. Jeevan Kumar Kesan ceased to be Director on 08 Aug 2016. Prominent Barter has 15 board changes on record in total.
The registered office of Prominent Barter is at L502 Snn Raj Lake View 29th Main N.S. Palya Btm Layout 2nd Sta, Ge, Bengaluru, Karnataka, India – 560076.
Prominent Barter operates in the home appliances industry, in the retailers segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
