MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0054043
Prince System Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹105.32 Cr
▼ 3% YoY
Net profit · FY 2024
₹4.47 Cr
Net margin 4.2%
EBITDA · FY 2024
₹7.37 Cr
EBITDA margin 7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹62.11 Lakh
Issued & subscribed
Open charges
₹40 Cr
Satisfied ₹2.8 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
33
Provident fund records
About Prince System Private Limited
Data last updated:
Prince System Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the fittings and components segment of the manufacturing sector. It was incorporated on 08 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25200KA2008PTC045961. Its GSTIN is 29AAECP6215D1ZK (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹62.11 Lakh. It is led by directors including Jatin Gupta and Neelu Gupta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 20/18 & 19 1st Floor M R Lane S J P Road Cross, Bangalore, Karnataka, India – 560002.
As per the financials filed for FY 2024, the company reported a revenue of ₹105.32 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹4.47 Cr (net margin 4.2%) and EBITDA of ₹7.37 Cr (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 6% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Prince System and CERA India. As per MCA filings, the company has open charges of ₹40 Cr and satisfied charges of ₹2.8 Cr on record. Court records list 165 cases involving the company, including 147 filed by the company and 18 filed against it; 31 cases are pending.
Prince System Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0054043). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cera-india.com.
Company details
CIN U25200KA2008PTC045961
Registration Number 045961
Incorporation Date 08 April 2008
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0054043
Recognitions & Rankings of Prince System
Contact details
Prince System Private Limited's registered office is in Bangalore, Karnataka. Its website is cera-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 20/18 & 19 1st Floor M R Lane S J P Road Cross, Bangalore, Karnataka, India – 560002
- IndustryManufacturing, Fittings & Components, Pipe & Tubes
To see the full contact details of Prince System Private Limited, buy the company report.
Comprehensive company report
Prince System Private Limited - one report that includes everything
- 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
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Brands
Prince System operates two associated brands: PRINCE SYSTEM and CERA India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of sanitary-ware products | cera-india.com | |
| Produces high-quality chemical products for various applications. | princesystem.com |
Business activity
The main business activity of Prince System is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Prince System Private Limited, buy the company report.
Financials of Prince System Private Limited
FY 2024 filings availablePrince System Private Limited reported revenue of ₹105.32 Cr (down 3% YoY) for FY 2024.
Revenue · FY 2024
₹105.32 Cr ▼ 3%
Net profit · FY 2024
₹4.47 Cr margin 4.2%
EBITDA · FY 2024
₹7.37 Cr margin 7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 15%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 11%
5 years · compounded
▼ 10%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 30% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹7.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.47 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 4.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Prince System Private Limited, buy the company report.
Board of directors of Prince System Private Limited
Prince System has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jatin Gupta Also directs: Omshri Dealtrade LLP | Director | 14 Dec 2018 | 7 Years 10 Months | Current |
| Neelu Gupta | Director | 08 Apr 2008 | 18 Years 6 Months | Current |
| Amit Gupta | Director | 08 Apr 2008 | 18 Years 6 Months | Current |
Auditor
Prince System Private Limited is audited by RAJESH K MITTAL AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH K MITTAL AND ASSOCIATES | FY 2023 | 007790S |
Shareholding
The shareholding of Prince System 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 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prince System Private Limited, buy the company report.
Charges & borrowings
Open charges
₹40 Cr
Satisfied charges
₹2.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2021 | 100523488 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 18 Jun 2021 | 100475184 | Hdfc Bank Limited | ₹15 Cr | Open | |
| 25 Apr 2014 | 10504737 | Standard Chartered Bank | ₹13 Cr | Open | |
| 04 Sep 2013 | 10446187 | The Hongkong and Shanghai Banking Corporation Limited | ₹7 Cr | Open | |
| 05 Nov 2008 | 10134894 | Hdfc Bank Limited | ₹2.8 Cr | Satisfied |
To see the full charge records of Prince System Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Prince System Private Limited has 165 court cases on record: 147 filed by Prince System, 18 filed against it. 31 cases are pending and 134 are disposed.
Total cases
165
Filed by the company
147
Filed against the company
18
Pending
31
Disposed
134
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 160 | 13 | 29 |
| High courts | 5 | 5 | 2 |
Cases on record (5 of 165)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Yashaswini Builder Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against Gowri Infra Engineers Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against Bright Wave Projects Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Eternity Structures Private Ltd | Pending |
| High Court | Writ petition | Filed against the company by Nandhini Hotels Pvt Ltd and 1 other | Pending |
To see the full case history of Prince System 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 Prince System Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prince System Private Limited has a workforce of 33 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
33
Active EPFO establishments
1
Employee growth
6.45%
GST
Prince System has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECP6215D1ZK | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prince System Private Limited, buy the company report.
Recent activity
Prince System Private Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Jatin Gupta ceased to be Additional Director on 30 Sep 2019.
AGM
Prince System Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Prince System Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100523488 was registered on 14 Dec 2021.
Charges
A charge with Hdfc Bank Limited of Rs. 15.00 Cr registered on 18 Jun 2021 with Charge ID 100475184 was modified on 14 Dec 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100475184 was registered on 18 Jun 2021.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 7.00 Cr registered on 04 Sep 2013 with Charge ID 10446187 was modified on 29 Feb 2020.
Ceased
Jatin Gupta ceased to be Additional Director.
Appointed
Jatin Gupta was appointed as Director.
Charges
A charge with Standard Chartered Bank of Rs. 13.00 Cr registered on 25 Apr 2014 with Charge ID 10504737 was modified on 31 Mar 2017.
Charges
A charge with Standard Chartered Bank amounted to Rs. 13.00 Cr with Charge ID 10504737 was registered on 25 Apr 2014.
Charges
A charge registered on 05 Nov 2008 via Charge ID 10134894 with Hdfc Bank Limited was fully satisfied on 07 Mar 2014.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 7.00 Cr with Charge ID 10446187 was registered on 04 Sep 2013.
5 earlier events are in the company report.
News
Frequently asked questions
Prince System is an active private limited company based in Bangalore, Karnataka, India. The company works in fittings and components, within the manufacturing industry. It was incorporated on 08 April 2008 (18+ years old) and is registered under CIN U25200KA2008PTC045961.
Prince System has 3 current directors:
- Jatin Gupta - Director
- Neelu Gupta - Director
- Amit Gupta - Director
The latest financial statements of Prince System on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Prince System is 29AAECP6215D1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Prince System is U25200KA2008PTC045961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prince System has 165 court cases on record: 147 filed by the company and 18 filed against it. 31 are pending. Most are in the district courts.
Prince System was incorporated on 08 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Jatin Gupta ceased to be Additional Director on 30 Sep 2019. Jatin Gupta was appointed as Director on 14 Dec 2018. Amit Gupta was appointed as Director on 08 Apr 2008. Prince System has 4 board changes on record in total.
Yes, Prince System is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0054043).
Prince System can be reached through the website cera-india.com. Its registered office is in Bangalore, Karnataka, India.