About Prakash Polyester Private Limited
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Prakash Polyester Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 02 January 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17000MH1997PTC104853. Its GSTIN is 26AAACP5998F1Z2 (Dadra and Nagar Haveli and Daman and Diu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.73 Cr. It is led by directors Ravi Nareshkumar Saraf and Prakashchandra Nareshkumar Saraf.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Swadeshi Markat1St Floor Room No B Kalbadevi Rd, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.74 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹7.47 Lakh (net margin 0.3%) and EBITDA of ₹1.77 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 6% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bhimraj Syntex. As per MCA filings, the company has open charges of ₹16.85 Cr and satisfied charges of ₹12.88 Cr on record. 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. For more details, the company can be reached via its website bhimraj.com.
Company details
Contact details
Prakash Polyester Private Limited's registered office is in Mumbai, Maharashtra. Its website is bhimraj.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSwadeshi Markat1St Floor Room No B Kalbadevi Rd, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Prakash Polyester 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
Brands
Prakash Polyester operates one associated brand: Bhimraj Syntex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Serves as a contract manufacturer specializing in high-quality fabric production. | bhimraj.com |
Business activity
The main business activities of Prakash Polyester are manufacturing and trade. In detail, this covers textile, leather and other apparel products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Prakash Polyester Private Limited, buy the company report.
Financials of Prakash Polyester Private Limited
FY 2025 filings availablePrakash Polyester Private Limited reported revenue of ₹24.74 Cr (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 15% 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 | ₹1.77 Cr | ||||
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| Net Profit (PAT) | ₹7.47 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Prakash Polyester Private Limited, buy the company report.
Board of directors of Prakash Polyester Private Limited
Prakash Polyester has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Nareshkumar Saraf Also directs: Bhimraj Syntex Private Limited | Director | 02 Jan 1997 | 29 Years 9 Months | Current |
| Prakashchandra Nareshkumar Saraf | Director | 02 Jan 1997 | 29 Years 9 Months | Current |
Peer comparison
Prakash Polyester Private Limited is compared with the 7 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sreepriya Exports Private Limited | ₹24.8 Cr (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Bunaai Whiteofficial Private Limited | ₹24.79 Cr (FY 2024) | 15.0% | Jaipur, Rajasthan, India | |||
| Shree Ganesh Acro Yarns Private Limited | ₹24.78 Cr (FY 2025) | -10.0% | Punjab, India | |||
| Prakash Polyester Private Limitedthis company | ₹24.74 Cr (FY 2024) | ₹7.47 Lakh | 0.3% | -1.0% | 27 | Mumbai, Maharashtra, India |
| Sada Shivam Weavetex Private Limited | ₹24.74 Cr (FY 2025) | 37.0% | Jaipur, Rajasthan, India | |||
| Growel Impex Pvt. Ltd. | ₹24.74 Cr (FY 2023) | 10.0% | New Delhi, Delhi, India | |||
| Kousthuba Spinners Private Limited | ₹24.72 Cr (FY 2025) | -4.0% | Rajapalayam, Tamil Nadu, India | |||
| Dineshraja Spintex India Private Limited | ₹24.7 Cr (FY 2025) | 17.0% | Namakkal, Tamil Nadu, India |
To see the full peer comparison of Prakash Polyester Private Limited, buy the company report.
Auditor
Prakash Polyester Private Limited is audited by R. S. Agrawal & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. S. Agrawal & Associates | FY 2022 | 100156W |
Shareholding
The shareholding of Prakash Polyester 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 Prakash Polyester Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2025 | 101178607 | Canara Bank | ₹1.95 Cr | Open | |
| 10 Nov 2022 | 100712053 | Hdfc Bank Limited | ₹17.49 Lakh | Open | |
| 25 May 2001 | 90140914 | Canara Bank | ₹14.73 Cr | Open | |
| 14 Aug 2017 | 100125614 | Others | ₹8.8 Lakh | Satisfied | |
| 08 Feb 2012 | 10337648 | Canara Bank | ₹7.49 Cr | Satisfied |
To see the full charge records of Prakash Polyester Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Prakash Polyester Private Limited has 1 court case on record: 1 filed by Prakash Polyester. 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 |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Prakash Polyester 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.
Credit ratings & regulatory alerts
Prakash Polyester Private Limited was last rated by Care on 24 Jul 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 24 Jul 2025 |
To see the full credit ratings and regulatory alerts of Prakash Polyester Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prakash Polyester Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prakash Polyester Private Limited has a workforce of 27 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Prakash Polyester has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AAACP5998F1Z2 | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prakash Polyester Private Limited, buy the company report.
Recent activity
Prakash Polyester Private Limited has 3 board changes on record since 1997: 2 appointments and 1 cessation. The latest: Nareshkumar Bhimraj Saraf ceased to be Director on 01 Jan 2014.
15 earlier events are in the company report.
Frequently asked questions
Prakash Polyester is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 02 January 1997 (29+ years old) and is registered under CIN U17000MH1997PTC104853.
Prakash Polyester has 2 current directors:
- Ravi Nareshkumar Saraf - Director
- Prakashchandra Nareshkumar Saraf - Director
The latest financial statements of Prakash Polyester on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Prakash Polyester is 26AAACP5998F1Z2, registered in Dadra and Nagar Haveli and Daman and Diu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Prakash Polyester is U17000MH1997PTC104853. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prakash Polyester has 1 court case on record: 1 filed by the company.
Prakash Polyester was incorporated on 02 January 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Prakash Polyester by revenue are Sreepriya Exports Private Limited, Bunaai Whiteofficial Private Limited, Shree Ganesh Acro Yarns Private Limited, Sada Shivam Weavetex Private Limited, Growel Impex Pvt. Ltd. and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Nareshkumar Bhimraj Saraf ceased to be Director on 01 Jan 2014. Prakashchandra Nareshkumar Saraf was appointed as Director on 02 Jan 1997. Ravi Nareshkumar Saraf was appointed as Director on 02 Jan 1997.
Prakash Polyester can be reached through the website bhimraj.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Prakash Polyester is at Swadeshi Markat1St Floor Room No B Kalbadevi Rd, Mumbai, Maharashtra, India – 400002.