Patel Sarees Private Limited - Company Profile

It is a home & lifestyle private limited company based in Mumbai, Maharashtra, India, established in 1996.
1996 Mumbai, Maharashtra, India Active
Last Updated:
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About Patel Sarees Private Limited

Patel Sarees Private Limited, a active private limited company, was established on 25 March 1996 in Mumbai, Maharashtra, India. Engaging in textile retail & distribution within the trade sector, it holds CIN: U17110MH1996PTC098401. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹4.00 M and a paid-up capital of ₹0.80 M.

It upholds a compliant status. Employing 11 professional, Its leadership includes Vinay Virji Shah (Director), Bipin Virji Shah (Director), Arpan Vinay Shah (Director). Past directors included Arpan Vinay Shah, Robin Bipin Shah, Chandraben Vinay Shah. It holds no open charges and ₹6.80 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 4 Reshamwala Bldgjivadaya Lane Ghatkopar West, Mumbai, Maharashtra, 400086.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U17110MH1996PTC098401

  • Registration Number

    098401

  • Incorporation Date

    25 March 1996

  • Authorized Capital

    ₹4.00 M

  • Paid-Up Capital

    ₹0.80 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 0.80 M
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 6.80 M
  • Revenue Growth **** 36.64%
  • Profit Growth **** 43.98%
  • Ebitda **** 10043.39%
  • Net Worth -57.04%
  • Total Assets -3.52%
Company report

Patel Sarees Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Patel Sarees Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Patel Sarees Private Limited?
Current Directors
Name Designation Appointment Date Status
Vinay Virji Shah Director 25 Mar 1996 Current
Bipin Virji Shah Director 25 Mar 1996 Current
Arpan Vinay Shah Director 10 Jul 2014 Current
Robin Bipin Shah Director 10 Jul 2014 Current
Chandraben Vinay Shah Director 10 Sep 2014 Current
Nayna Bipin Shah Director 10 Sep 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2014 Past
Pramod Abcsdd Additional Director 30 Sep 2014 Past
Pramod Abcsdd Additional Director 30 Sep 2014 Past
Pramod Abcsdd Additional Director 30 Sep 2014 Past
Pramod Abcsdd Additional Director 30 Sep 2015 Past
Pramod Abcsdd Additional Director 30 Sep 2019 Past

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Financial Performance of Patel Sarees.

Patel Sarees Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 36.64% increase. The company also saw a substantial improvement in profitability, with a 43.98% increase in profit. The company's net worth observed a substantial decline by a decrease of 57.04%.

Patel Sarees revenue growth over time
Patel Sarees profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 36.64%
*******
*******
*******
*******
Revenue from Operations
*******
 36.79%
*******
*******
*******
*******
Total Assets
*******
 -3.52%
*******
*******
*******
*******
Profit or Loss
*******
 43.98%
*******
*******
*******
*******
Net Worth
*******
 -57.04%
*******
*******
*******
*******
EBITDA
*******
 10043.39%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Patel Sarees?

Unlock access to Patel Sarees's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹6,800,000.00

Charges Breakdown by Lending Institutions
  • Bank Of India : 0.50 Cr
  • Hdfc Bank Limited : 0.13 Cr
  • Citi Bank Na : 0.05 Cr
Latest Charge Details
Date Lender Amount Status
27 Feb 2007 Hdfc Bank Limited ₹1.30 M Satisfied
22 Nov 2000 Citi Bank Na ₹0.50 M Satisfied
15 Jul 1996 Bank Of India ₹5.00 M Satisfied

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How Many Employees Work at Patel Sarees?

Patel Sarees has a workforce of 11 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Patel Sarees
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Patel Sarees Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Patel Sarees Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.

  • Director Appointment

    The activity Mansukh Virji Shah was appointed as a Director was appointed as a Director on 03 Oct 2018 & has been associated with this company since 7 years 4 months . was completed.

  • Charges

    The activity A charge registered on 22 Nov 2000 via Charge ID 90243493 with Citi Bank Na was fully satisfied on 31 May 2017. was completed.

  • Charges

    A charge registered on 15 Jul 1996 via Charge ID 90243289 with Bank Of India was fully satisfied on 05 May 2017. was recorded as a recent event.

  • Director Appointment

    Progress on Manjula Mansukh Shah was appointed as a Director was appointed as a Director on 12 Apr 2016 & has been associated with this company since 9 years 10 months . was documented.

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Frequently Asked Questions
What is the CIN of Patel Sarees Private Limited?

The CIN of Patel Sarees Private Limited is U17110MH1996PTC098401.

Where is Patel Sarees Private Limited headquartered?

Patel Sarees Private Limited is headquartered at 4 Reshamwala Bldgjivadaya Lane Ghatkopar West, Mumbai, Maharashtra, 400086.

When was Patel Sarees Private Limited incorporated?

Patel Sarees Private Limited was incorporated on 25 March 1996.

Who are the current directors of Patel Sarees Private Limited?

The current directors of Patel Sarees Private Limited are

What is the primary industry of Patel Sarees Private Limited?

The primary industry of Patel Sarees Private Limited is Trade.

Is Patel Sarees Private Limited a listed company?

Patel Sarees Private Limited is unlisted.

What is the capital structure of Patel Sarees Private Limited?

The authorized capital of Patel Sarees Private Limited is ₹4.00 M, and the paid-up capital is ₹0.80 M.

What is the compliance status of Patel Sarees Private Limited?

The compliance status of Patel Sarees Private Limited is Compliant.

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