- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-13-0020380

About Prateek Apparels Private Limited
Data last updated:
Prateek Apparels Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 10 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1995PTC016925. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹42 Cr and a paid-up capital of ₹21 Cr. It is led by directors Pradeep Phulchand Agarwal and Ankith Kumar Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.38 Cr, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹3.79 Cr (net margin -275%) and EBITDA of -₹3.31 Cr (EBITDA margin -240.4%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 63% over five years.
The company has about 1,101 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries and 1 joint venture.
The company is associated with 1 brand: Prateek Apparels. As per MCA filings, the company has open charges of ₹106 Cr and satisfied charges of ₹208.98 Cr on record. Court records list 69 cases involving the company, including 39 filed by the company and 28 filed against it; 2 cases are pending. The company has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹85.25 Cr; the latest was in March 2013. Its 10 peer companies in the Apparel industry (Branded Wear) are compared by revenue, 5 larger and 5 smaller; the largest is Green Organic Clothing Private Limited with revenue of ₹1.43 Cr. The company has 1 MSME Form 1 return on record for the period ending May 2019, listing 6 overdue payments to 6 micro and small suppliers.
Prateek Apparels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0020380). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prateekapparels.com.
CIN History of Prateek Apparels Private Limited
Prateek Apparels has one previous CIN (Corporate Identification Number): U05190KA1995PTC016925. The current CIN is U85110KA1995PTC016925, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1995PTC016925 | Current |
| U05190KA1995PTC016925 | Previous |
Recognitions & Rankings of Prateek Apparels
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo. 17 Hulkul Kubera Lalbagh Road, Sudhamanagar, Bangalore, Karnataka, India – 560027
- IndustryFashion and Textile, Designer & Branded Fashion
- 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
- One PDF report, delivered after checkout
Associated Brands with Prateek Apparels Private Limited
Prateek Apparels operates one associated brand: Prateek Apparels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Bangalore-based apparel manufacturer | prateekapparels.com |
Business Activity of Prateek Apparels Private Limited
The main business activity of Prateek Apparels is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Prateek Apparels Private Limited FY 2023 filings available
Prateek Apparels Private Limited reported revenue of ₹1.38 Cr (down 87% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Prateek Apparels Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 63% over five years, including a 87% fall in the latest year. EBITDA rose 89% 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 of Prateek Apparels Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.38 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹3.31 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.79 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 of Prateek Apparels Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -240.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -275% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Prateek Apparels are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Prateek Apparels Private Limited
Prateek Apparels has 2 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Phulchand Agarwal Also directs: Grant Infrastructure Private Limited, Astron Developers Private Limited, Phulchand Exports Private Ltd and 2 more | Director | 28 Feb 2007 | 19 Years 7 Months | Current |
| Ankith Kumar Agarwal Also directs: Grant Infrastructure Private Limited, Astron Developers Private Limited, Phulchand Exports Private Ltd and 2 more | Director | 18 Jan 2022 | 4 Years 9 Months | Current |
Peer Comparison of Prateek Apparels Private Limited
Prateek Apparels Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Branded Wear). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Green Organic Clothing Private Limited | ₹1.43 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Achiever Creations Private Limited | ₹1.43 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | Delhi, India |
| Ratanhira Trading Private Limited | ₹1.42 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Mumbai, Maharashtra, India |
| Bigonbuy Trading Private Limited | ₹1.42 Cr (FY 2025) | •••• | •••• | 557.0% | •••• | Jaipur, Rajasthan, India |
| Akka Clothing Creation Private Limited | ₹1.38 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mamallapuram, Tamil Nadu, India |
| Prateek Apparels Private Limited this company | ₹1.38 Cr (FY 2023) | •••• | •••• | -87.0% | •••• | Bangalore, Karnataka, India |
| Viastar Impex Private Limited | ₹1.37 Cr (FY 2017) | •••• | •••• | -42.0% | •••• | New Delhi, Delhi, India |
| Eoa India Private Limited | ₹1.36 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Tirupur, Tamil Nadu, India |
| Star Stallion International Private Limited | ₹1.34 Cr (FY 2024) | •••• | •••• | -70.0% | •••• | New Delhi, Delhi, India |
| Umbrella Kids Private Limited | ₹1.34 Cr (FY 2022) | •••• | •••• | 4028.0% | •••• | Tirupur, Tamil Nadu, India |
| Noire Designs Private Limited | ₹1.34 Cr (FY 2019) | •••• | •••• | 13.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Prateek Apparels by revenue in the Apparel industry (Branded Wear), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Prateek Apparels Private Limited
Prateek Apparels Private Limited is audited by SHANKARLAL JAIN & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHANKARLAL JAIN & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Prateek Apparels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Prateek Apparels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Feb 2011 | Canara Bank | ₹106 Cr | Open |
| 05 Nov 2016 | Tata Capital Financial Services Limited | ₹5 Cr | Satisfied |
| 27 Dec 2011 | Bank of Baroda | ₹27 Cr | Satisfied |
| 04 Oct 2010 | Canara Bank | ₹35 Cr | Satisfied |
| 28 May 2010 | The Lakshmi Vilas Bank Limited | ₹30 Cr | Satisfied |
Total charge records: 20 View all charges
Deals & Funding of Prateek Apparels Private Limited
Prateek Apparels Private Limited has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹85.25 Cr; the latest was in March 2013.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Phulchand Exports Private Ltd Seller: an individual |
| Feb 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2012 | Secondary share transfer | Undisclosed | Buyer: Phulchand Exports Private Ltd Seller: Rivian International Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Networth Trading Pte Ltd, an individual Seller: Seven Islands Shipping Limited , an individual |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Seven Islands Shipping Limited Seller: an individual |
Full deal history
All 9 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Prateek Apparels Private Limited
Prateek Apparels Private Limited has 69 court cases on record: 39 filed by Prateek Apparels, 28 filed against it, 2 where it is another party. 2 cases are pending and 67 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 57 | 24 | 1 |
| High courts | 10 | 2 | 0 |
| NCLAT | 2 | 2 | 1 |
Cases on record (5 of 69)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Chennai | Insolvency matter | Filed against the company by The Canara Bank Limited | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against The Canara Bank Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed by the company against Sidbi Venture Capital Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed by the company against Sidbi Venture Capital Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by PDS Limited | Disposed |
Full case history
All 69 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Prateek Apparels Private Limited
Prateek Apparels Private Limited has 1 MSME Form 1 return on record for the period ending May 2019, listing 6 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| M-Pack | •••• | •••• | •••• |
| Mahalakshmi Adhesive Tapes Industry | •••• | •••• | •••• |
| Dynamic Internationl | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Prateek Apparels Private Limited
Prateek Apparels Private Limited has a workforce of 1,101 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Prateek Apparels Private Limited
Prateek Apparels has 2 subsidiary companies and 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Munch Design Workshop Private Limited | U05190KA2004PTC034048 | Locked |
| Prateek Spintex Limited | U18101KA2007PLC043877 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity on Prateek Apparels Private Limited
Prateek Apparels Private Limited has 19 board changes on record since 2007: 2 appointments and 17 cessations. The latest: Ankith Kumar Agarwal ceased to be Additional Director on 29 Sep 2022.
54 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Prateek Apparels Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Prateek Apparels Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Prateek Apparels Private Limited
Prateek Apparels has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Prateek Apparels Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Prateek Apparels Private Limited
Prateek Apparels is an active private limited company based in Bangalore, Karnataka, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 10 January 1995 (31+ years old) and is registered under CIN U85110KA1995PTC016925.
Prateek Apparels reported revenue of ₹1.38 Cr for FY 2023 (down 87% YoY).
Prateek Apparels has 2 current directors:
- Pradeep Phulchand Agarwal - Director
- Ankith Kumar Agarwal - Director
Prateek Apparels reported a net loss of ₹3.79 Cr (net margin -275%) and EBITDA of -₹3.31 Cr (EBITDA margin -240.4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prateek Apparels is -85% over three years and -63% over five years. In the latest year (FY 2023) revenue fell 87%. CAGR is the steady yearly rate that links the first and the last year.
No. Prateek Apparels has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Prateek Apparels is U85110KA1995PTC016925. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prateek Apparels has 69 court cases on record: 39 filed by the company and 28 filed against it. 2 are pending. Most are in the district courts.
Prateek Apparels was incorporated on 10 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
Prateek Apparels has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹85.25 Cr; the latest was in March 2013.
The peers of Prateek Apparels by revenue are Green Organic Clothing Private Limited, Achiever Creations Private Limited, Ratanhira Trading Private Limited, Bigonbuy Trading Private Limited, Akka Clothing Creation Private Limited and 5 more, all in the Apparel industry (Branded Wear).
Ankith Kumar Agarwal ceased to be Additional Director on 29 Sep 2022. Jyoti Laxman Bambade ceased to be Additional Director on 18 Jul 2022. Pranav Gadgil ceased to be Company Secretary on 31 Jan 2022. Prateek Apparels has 19 board changes on record in total.