Prafful Overseas Private Limited

Prafful Overseas Private Limited - manufacturing in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U74899DL1990PTC041369 Incorporated 04 September 1990 ROC Delhi HQ New Delhi, Delhi, India
Under Insolvency Private Limited Company manufacturing
Data last updated
Revenue · FY 2025
₹35.56 Cr
▼ 88% YoY
Net loss · FY 2025
₹67.93 Cr
Net margin -191%
EBITDA · FY 2025
-₹56.3 Cr
EBITDA margin -158.3%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹19.57 Cr
Issued & subscribed
Open charges
₹541.82 Cr
Satisfied ₹309.92 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
188
Provident fund records

About Prafful Overseas Private Limited

Data last updated:

Prafful Overseas Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 04 September 1990.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1990PTC041369. Its GSTIN is 24AAACR0582P1Z5 (Gujarat). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹19.57 Cr. It was formerly known as Raveesh Overseas Private Limited. It is led by directors including Sri Aggarwal Narain (Managing Director) and Amrish Navinchandra Gandhi (Irp/Rp/Liquidator).

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 349 Ist Floor Naya Katra Chandni Chowk, New Delhi, Delhi, India – 110006.

As per the financials filed for FY 2025, the company reported a revenue of ₹35.56 Cr, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹67.93 Cr (net margin -191%) and EBITDA of -₹56.3 Cr (EBITDA margin -158.3%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years and 37% over five years.

The company has about 188 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Prafful. As per MCA filings, the company has open charges of ₹541.82 Cr and satisfied charges of ₹309.92 Cr on record. Court records list 57 cases involving the company, including 1 filed by the company and 56 filed against it; 33 cases are pending. The company has 16 deals on record (9 secondary share transfers, 7 funding rounds), with disclosed funding of ₹46.5 Cr; the latest was in March 2024. Its 6 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 3 smaller; the largest is Tashi Lhendup Enterprises Private Limited with revenue of ₹35.61 Cr.

The last known website on record is prafful.com.

Company details

CIN U74899DL1990PTC041369
Registration Number 041369
Incorporation Date 04 September 1990
ROC Delhi
Listing Status Unlisted
Company Status Under CIRP
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Prafful Overseas Private Limited's registered office is in New Delhi, Delhi. Its website is prafful.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    349 Ist Floor Naya Katra Chandni Chowk, New Delhi, Delhi, India – 110006
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Prafful Overseas Private Limited, buy the company report.

Comprehensive company report
Prafful Overseas 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Prafful Overseas operates one associated brand: Prafful. Each brand links to its own profile.

BrandDescriptionWebsite
Fashion accessories and ready-to-wear collections in the Indian market.prafful.com

Business activity

The main business activity of Prafful Overseas is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Prafful Overseas Private Limited, buy the company report.

Financials of Prafful Overseas Private Limited

FY 2024 filings available

Prafful Overseas Private Limited reported revenue of ₹35.56 Cr (down 88% YoY) for FY 2025.

Revenue · FY 2025
₹35.56 Cr ▼ 88%
Net loss · FY 2025
₹67.93 Cr margin -191%
EBITDA · FY 2025
-₹56.3 Cr margin -158.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 88%
3 years · compounded
▼ 55%
5 years · compounded
▼ 37%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▼ 54%
5 years · compounded
▼ 28%

Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 88% fall in the latest year. EBITDA rose 58% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹56.3 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹67.93 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-158.3%
Net Profit Margin-191%
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 Prafful Overseas Private Limited, buy the company report.

Board of directors of Prafful Overseas Private Limited

Prafful Overseas has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Sri Aggarwal NarainManaging Director04 Sep 199036 Years 1 MonthsAs last reported
Amrish Navinchandra GandhiIrp/Rp/Liquidator30 May 20251 Years 5 MonthsAs last reported
Raveesh AggarwalDirector01 Nov 200619 Years 11 MonthsAs last reported

Peer comparison

Prafful Overseas Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tashi Lhendup Enterprises Private Limited₹35.61 Cr (FY 2025)53.0%Kolkata, West Bengal, India
Kirti Cottex Private Limited₹35.57 Cr (FY 2022)26.0%Gondal, Gujarat, India
M.P.Agarwal and Co.Private Limited₹35.56 Cr (FY 2025)-8.0%Uttar Pradesh, India
Prafful Overseas Private Limitedthis company₹35.56 Cr (FY 2025)-₹67.93 Cr-191%-88.0%188New Delhi, Delhi, India
Veejay Terry Products Limited₹35.56 Cr (FY 2025)33.0%Coimbatore, Tamil Nadu, India
Shivarman Overseas Private Limited₹35.55 Cr (FY 2024)-12.0%Bhiwandi, Maharashtra, India
Suntex Clothing Limited₹35.55 Cr (FY 2024)31.0%Ludhiana, Punjab, India

To see the full peer comparison of Prafful Overseas Private Limited, buy the company report.

Auditor

Prafful Overseas Private Limited is audited by B R Maheswari & Co LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
B R Maheswari & Co LLPFY 2023001035N/N500050

Shareholding

The shareholding of Prafful Overseas Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Prafful Overseas Private Limited, buy the company report.

Charges & borrowings

Open charges
₹541.82 Cr
Satisfied charges
₹309.92 Cr
Breakdown by lending institutions
Sbicap Trustee Company Limited₹414.31 Cr
Others₹127.51 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Sep 2023100795287Others₹15 CrOpen
28 Mar 2023100713112Others₹42.74 CrOpen
23 Dec 2022100664723Others₹5.42 CrOpen
25 Feb 2022100553891Others₹75 LakhOpen
30 Jan 2021100422501Others₹1.5 CrOpen

To see the full charge records of Prafful Overseas Private Limited, buy the company report.

Total charge records: 28 View all charges

Deals & funding

Prafful Overseas Private Limited has 16 deals on record (9 secondary share transfers, 7 funding rounds), with disclosed funding of ₹46.5 Cr; the latest was in March 2024.

Total deals
16
Secondary share transfers
9
Funding rounds
7
Disclosed funding
₹46.5 Cr

Deals on record (5 of 16)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Sep 2014Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Geetanjali Vanijya Private Limited , Adlisc Medical India Private Limited , Dhanwantri Agency Private Limited , an individual
Mar 2011Funding round₹3.02 CrInvestors: Geetanjali Vanijya Private Limited , Adlisc Medical India Private Limited , Dhanwantri Agency Private Limited

To see the full deal history of Prafful Overseas Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Prafful Overseas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Prafful Overseas Private Limited has a workforce of 188 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.

Employee count
188
Active EPFO establishments
2
Employee growth
-3.59%

GST

Prafful Overseas has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AAACR0582P1Z5GujaratActive01 Jul 2017
24AAACR0582P2Z4GujaratActive26 Jul 2017

To see the full GST registrations and return filing status of Prafful Overseas Private Limited, buy the company report.

Recent activity

Prafful Overseas Private Limited has 10 board changes on record since 1990: 3 appointments and 7 cessations. The latest: Amrish Navinchandra Gandhi was appointed as Irp/Rp/Liquidator on 30 May 2025.

Appointed
Amrish Navinchandra Gandhi was appointed as Irp/Rp/Liquidator.
Charges
A charge with Others of Rs. 15.00 Cr registered on 23 Sep 2023 with Charge ID 100795287 was modified on 29 Mar 2025.
AGM
Prafful Overseas Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 01 Dec 2011 via Charge ID 10322930 with Indian Overseas Bank was fully satisfied on 17 May 2024.
Filing
Prafful Overseas Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge registered on 28 Sep 2017 via Charge ID 100130860 with Sidbi was fully satisfied on 10 Oct 2023.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100795287 was registered on 23 Sep 2023.
Ceased
Varun Aggarwal ceased to be Director.
Charges
A charge with Others amounted to Rs. 42.74 Cr with Charge ID 100713112 was registered on 28 Mar 2023.
Charges
A charge with Others amounted to Rs. 5.42 Cr with Charge ID 100664723 was registered on 23 Dec 2022.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 74.57 Cr registered on 12 Nov 2019 with Charge ID 100306460 was modified on 29 Apr 2022.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 169.87 Cr registered on 19 Oct 2007 with Charge ID 10074185 was modified on 23 Mar 2022.

55 earlier events are in the company report.

Frequently asked questions

Prafful Overseas is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.

Prafful Overseas is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 04 September 1990 and is registered under CIN U74899DL1990PTC041369. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Prafful Overseas has 3 current directors:

The latest financial statements of Prafful Overseas 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 CIN (Corporate Identification Number) of Prafful Overseas is U74899DL1990PTC041369. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Prafful Overseas has open charges of ₹541.82 Cr and satisfied charges of ₹309.92 Cr as per latest MCA filings.

Prafful Overseas has 57 court cases on record: 1 filed by the company and 56 filed against it. 33 are pending. Most are in the district courts.

Prafful Overseas was incorporated on 04 September 1990. It is registered with the Registrar of Companies, Delhi.

Prafful Overseas has 16 deals on record (9 secondary share transfers, 7 funding rounds), with disclosed funding of ₹46.5 Cr; the latest was in March 2024.

The peers of Prafful Overseas by revenue are Tashi Lhendup Enterprises Private Limited, Kirti Cottex Private Limited, M.P.Agarwal and Co.Private Limited, Veejay Terry Products Limited, Shivarman Overseas Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Amrish Navinchandra Gandhi was appointed as Irp/Rp/Liquidator on 30 May 2025. Varun Aggarwal ceased to be Director on 01 Jul 2023. Hiral Jainesh Shah ceased to be Company Secretary on 01 Oct 2021. Prafful Overseas has 10 board changes on record in total.