MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-22-0008891
Prance Mount India Private Limited
Prance Mount India Private Limited - consumer goods in Mysore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.45 Cr
▼ 48% YoY
Net profit · FY 2024
₹10.09 Lakh
Net margin 7%
EBITDA · FY 2024
₹32.04 Lakh
EBITDA margin 22.2%
Authorised capital
₹66 Lakh
Registered with MCA
Paid-up capital
₹66 Lakh
Issued & subscribed
Open charges
₹75 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Prance Mount India Private Limited
Data last updated:
Prance Mount India Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 22 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U19100KA2020PTC142469.
The company has an authorised share capital of ₹66 Lakh and a paid-up capital of ₹66 Lakh. It is led by directors Nanjangud Parashivamurthy Chaithra and Mallenahally Chandrashekerappa Shivananda.
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 Plot No. 69/B K.I.A.D.B. Hootagalli Industrial Area., Mysore, Karnataka, India – 570018.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.45 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹10.09 Lakh (net margin 7%) and EBITDA of ₹32.04 Lakh (EBITDA margin 22.2%).
As per MCA filings, the company has open charges of ₹75 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.
Prance Mount India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0008891).
Company details
CIN U19100KA2020PTC142469
Registration Number 142469
Incorporation Date 22 December 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-KR-22-0008891
Key People
Nanjangud Parashivamurthy Chaithra Director Mallenahally Chandrashekerappa Shivananda Director Recognitions & Rankings of Prance Mount India
Contact details
Prance Mount India Private Limited's registered office is in Mysore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 69/B K.I.A.D.B. Hootagalli Industrial Area., Mysore, Karnataka, India – 570018
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Prance Mount India Private Limited, buy the company report.
Comprehensive company report
Prance Mount India 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
Business activity
The main business activity of Prance Mount India is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Prance Mount India Private Limited, buy the company report.
Financials of Prance Mount India Private Limited
FY 2024 filings availablePrance Mount India Private Limited reported revenue of ₹1.45 Cr (down 48% YoY) for FY 2024.
Revenue · FY 2024
₹1.45 Cr ▼ 48%
Net profit · FY 2024
₹10.09 Lakh margin 7%
EBITDA · FY 2024
₹32.04 Lakh margin 22.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 48%
EBITDA CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 586%
Revenue fell 48% in the latest year. EBITDA rose 47% 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 |
|---|---|---|---|---|
| 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 | ₹32.04 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹10.09 Lakh | |||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 22.2% | |||
| Net Profit Margin | 7% | |||
| 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 Prance Mount India Private Limited, buy the company report.
Board of directors of Prance Mount India Private Limited
Prance Mount India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nanjangud Parashivamurthy Chaithra Also directs: Siddeshwara Infracon Private Limited | Director | 12 Jan 2022 | 4 Years 9 Months | Current |
| Mallenahally Chandrashekerappa Shivananda Also directs: Siddeshwara Infracon Private Limited | Director | 22 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
Prance Mount India Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers), 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 |
|---|---|---|---|---|---|---|
| FFFC Private Limited | ₹1.49 Cr (FY 2025) | 42.0% | Gudiyaatam Vellore, Tamil Nadu, India | |||
| Abhyankar Footwear Private Limited | ₹1.48 Cr (FY 2025) | 4.0% | Kolhapur, Maharashtra, India | |||
| Lite Fit Private Limited | ₹1.45 Cr (FY 2025) | 3.0% | Delhi, India | |||
| Prance Mount India Private Limitedthis company | ₹1.45 Cr (FY 2024) | ₹10.09 Lakh | 7% | -48.0% | Mysore, Karnataka, India | |
| Ebaxo Shoes Private Limited | ₹1.43 Cr (FY 2022) | 51.0% | Kozhikode, Kerala, India | |||
| Dunlup Footwear Private Limited | ₹1.43 Cr (FY 2024) | -37.0% | New Delhi, Delhi, India | |||
| La Mere Shoes Private Limited | ₹1.42 Cr (FY 2017) | 23.0% | Mumbai, Maharashtra, India | |||
| Rus Exim Private Limited | ₹1.41 Cr (FY 2025) | 103.0% | Delhi, India |
To see the full peer comparison of Prance Mount India Private Limited, buy the company report.
Auditor
Prance Mount India Private Limited is audited by SRIVATSAN & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRIVATSAN & ASSOCIATES | FY 2022 | 014921S |
Shareholding
The shareholding of Prance Mount India Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Prance Mount India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹75 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Sep 2021 | 100487524 | Bank of India | ₹75 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Prance Mount India Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MYSURU, Karnataka | Criminal complaint | Filed against the company by HDFC Bank Limited | Disposed |
| District court, MYSURU, Karnataka | Criminal complaint | Filed against the company by HDFC Bank Limited | Disposed |
To see the full case history of Prance Mount India 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 Prance Mount India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prance Mount India Private Limited has 1 active EPFO establishment as of Mar 29, 2024.
Active EPFO establishments
1
GST
No GST registration is on our record for Prance Mount India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prance Mount India Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Hunsur Mahamood Momina ceased to be Director on 24 Jun 2023.
AGM
Prance Mount India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Prance Mount India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Hunsur Mahamood Momina ceased to be Director.
Appointed
Nanjangud Parashivamurthy Chaithra was appointed as Director.
Ceased
Sunil Mahadevappa ceased to be Director.
Charges
A charge with Bank Of India amounted to Rs. 75.00 Lakh with Charge ID 100487524 was registered on 13 Sep 2021.
Appointed
Mallenahally Chandrashekerappa Shivananda was appointed as Director.
Incorporation
22 Dec 2020
Prance Mount India Private Limited was registered on 22 Dec 2020 with Roc Bangalore & aged 5 years 10 months as per MCA records.
Frequently asked questions
Prance Mount India is an active private limited company based in Mysore, Karnataka, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 22 December 2020 (6+ years old) and is registered under CIN U19100KA2020PTC142469.
Prance Mount India has 2 current directors:
- Nanjangud Parashivamurthy Chaithra - Director
- Mallenahally Chandrashekerappa Shivananda - Director
The latest financial statements of Prance Mount India 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 FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Prance Mount India is U19100KA2020PTC142469. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prance Mount India has 2 court cases on record: 2 filed against it.
Prance Mount India was incorporated on 22 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Prance Mount India by revenue are FFFC Private Limited, Abhyankar Footwear Private Limited, Lite Fit Private Limited, Ebaxo Shoes Private Limited, Dunlup Footwear Private Limited and 2 more, all in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Hunsur Mahamood Momina ceased to be Director on 24 Jun 2023. Nanjangud Parashivamurthy Chaithra was appointed as Director on 12 Jan 2022. Sunil Mahadevappa ceased to be Director on 12 Jan 2022. Prance Mount India has 4 board changes on record in total.
Yes, Prance Mount India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-22-0008891).
The registered office of Prance Mount India is at Plot No. 69B K.I.A.D.B. Hootagalli Industrial Area., Mysore, Karnataka, India – 570018.
Prance Mount India operates in the consumer goods industry, in the footwear manufacturing segment.