Paneri Textiles Pvt Ltd
About Paneri Textiles Pvt Ltd
Data last updated:
Paneri Textiles Pvt Ltd was a private limited company based in Bhilwara, Rajasthan, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile spinning and weaving segment of the textiles sector. It was incorporated on 14 June 1994.
The company was registered with the Registrar of Companies (ROC), Jaipur, under CIN U17119RJ1994PTC062883.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.93 Lakh. It was led by directors Pradhuman Kumar Dhupya and Mukesh Ostwal.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at H – 211 Azad Nagar, Bhilwara, Rajasthan, India – 311001.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.94 Lakh, a decline of 59% compared to the previous year. For the same year it recorded a net profit of ₹4.87 Lakh (net margin 70.2%) and EBITDA of ₹4.88 Lakh (EBITDA margin 70.4%).
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Company details
CIN history
Paneri Textiles has one previous CIN (Corporate Identification Number): U17119GJ1994PTC022253. The current CIN is U17119RJ1994PTC062883, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17119RJ1994PTC062883 | Current |
| U17119GJ1994PTC022253 | Previous |
Contact details
Paneri Textiles Pvt Ltd's registered office is in Bhilwara, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH – 211 Azad Nagar, Bhilwara, Rajasthan, India – 311001
- IndustryTextile, Spinning & Weaving, Textile Weaving, Jute Weaving
To see the full contact details of Paneri Textiles Pvt Ltd, 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
Business activity
The main business activity of Paneri Textiles 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 Paneri Textiles Pvt Ltd, buy the company report.
Financials of Paneri Textiles Pvt Ltd
FY 2019 filings availablePaneri Textiles Pvt Ltd reported revenue of ₹6.94 Lakh (down 59% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 59% in the latest year. EBITDA fell 43% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹4.88 Lakh | ||||
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| Net Profit (PAT) | ₹4.87 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 70.4% | ||||
| Net Profit Margin | 70.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Paneri Textiles Pvt Ltd, buy the company report.
Board of directors of Paneri Textiles Pvt Ltd
Paneri Textiles has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradhuman Kumar Dhupya | Director | 22 Jul 2018 | 8 Years 3 Months | As last reported |
| Mukesh Ostwal | Director | 29 Nov 2011 | 14 Years 10 Months | As last reported |
Auditor
Paneri Textiles Pvt Ltd is audited by J. BHAVSAR &CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J. BHAVSAR &CO. | FY 2017 | 49377 |
Shareholding
The shareholding of Paneri Textiles Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Paneri Textiles Pvt Ltd, buy the company report.
Legal cases
Paneri Textiles Pvt Ltd has 1 court case on record: 1 filed by Paneri Textiles. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Company appeal | Filed by the company against Ostwal Phoschem (India) Ltd. VS | Pending |
To see the full case history of Paneri Textiles Pvt Ltd, 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 Paneri Textiles Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Paneri Textiles Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Paneri Textiles Pvt Ltd has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Garima Dangi ceased to be Director on 22 Jul 2018.
Frequently asked questions
Paneri Textiles has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Paneri Textiles was a private limited company based in Bhilwara, Rajasthan, India. The company worked in spinning and weaving, within the textile industry. It was incorporated on 14 June 1994 and is registered under CIN U17119RJ1994PTC062883. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Paneri Textiles was incorporated on 14 June 1994. It is registered with the Registrar of Companies, Jaipur.
Paneri Textiles had 2 directors:
- Pradhuman Kumar Dhupya - Director
- Mukesh Ostwal - Director
The CIN (Corporate Identification Number) of Paneri Textiles is U17119RJ1994PTC062883. 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 Paneri Textiles is at H – 211 Azad Nagar, Bhilwara, Rajasthan, India – 311001.
The latest financial statements of Paneri Textiles on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
Paneri Textiles operated in the textile industry, in the spinning and weaving segment.
Paneri Textiles has 1 court case on record: 1 filed by the company. 1 is pending.
Garima Dangi ceased to be Director on 22 Jul 2018. Pradhuman Kumar Dhupya was appointed as Director on 22 Jul 2018. Dharmesh Prafulchandra Mehta ceased to be Director on 31 Dec 2011. Paneri Textiles has 5 board changes on record in total.