About Prateek Spintex Limited
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Prateek Spintex Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Prateek Apparels Private Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 14 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18101KA2007PLC043877. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Prateek Spintex Private Limited. It is led by directors including Ankith Kumar Agarwal and Karan Bharat Chandan.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2020, the company reported a revenue of ₹64,607, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹35,986 (net margin -55.7%) and EBITDA of -₹1 Lakh (EBITDA margin -155.5%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 72% over five years.
As per MCA filings, the company has satisfied charges of ₹141 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 prateekapparels.com.
Company details
Contact details
Prateek Spintex Limited's registered office is in Bangalore, Karnataka. Its website is prateekapparels.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo. 17 Hulkul Kubera Lalbagh Road, Sudhamanagar, Bangalore, Karnataka, India – 560027
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Prateek Spintex 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
Financials of Prateek Spintex Limited
FY 2024 filings availablePrateek Spintex Limited reported revenue of ₹64,607 (up 1192% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over five years. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹64,607 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹35,986 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -155.5% | ||||
| Net Profit Margin | -55.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Prateek Spintex Limited, buy the company report.
Board of directors of Prateek Spintex Limited
Prateek Spintex has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankith Kumar Agarwal Also directs: Munch Design Workshop Private Limited, Grant Infrastructure Private Limited, Astron Developers Private Limited and 2 more | Director | 22 Dec 2023 | 2 Years 10 Months | Current |
| Karan Bharat Chandan Also directs: Propcrest Ventures LLP, Basuri Enterprises LLP | Additional Director | 29 Nov 2025 | 0 Years 11 Months | Current |
| Dushyant Biharilal Dholakia Also directs: Handmade Archive of Skills and Traditions Foundation | Additional Director | 29 Nov 2025 | 0 Years 11 Months | Current |
| Rashmi Sagar Paulkar | Additional Director | 04 Feb 2026 | 0 Years 9 Months | Current |
Auditor
Prateek Spintex Limited is audited by NIRAJ AGRAWAL & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIRAJ AGRAWAL & CO | FY 2020 | 143228W |
Shareholding
The shareholding of Prateek Spintex Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Prateek Spintex Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2010 | 10251602 | Canara Bank | ₹141 Cr | Satisfied |
To see the full charge records of Prateek Spintex Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Prateek Spintex Limited has 1 court case on record: 1 filed by Prateek Spintex. 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 |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against Government of Gujarat | Disposed |
To see the full case history of Prateek Spintex 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 Prateek Spintex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prateek Spintex has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Prateek Spintex Limited, buy the company report.
Recent activity
Prateek Spintex Limited has 17 board changes on record since 2008: 4 appointments and 13 cessations. The latest: Rashmi Sagar Paulkar was appointed as Additional Director on 04 Feb 2026.
11 earlier events are in the company report.
Frequently asked questions
Prateek Spintex is an active public limited company based in Bangalore, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 14 September 2007 (19+ years old) and is registered under CIN U18101KA2007PLC043877.
Prateek Spintex has 4 current directors:
- Ankith Kumar Agarwal - Director
- Karan Bharat Chandan - Additional Director
- Dushyant Biharilal Dholakia - Additional Director
- Rashmi Sagar Paulkar - Additional Director
The latest financial statements of Prateek Spintex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
No. Prateek Spintex has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Prateek Spintex is U18101KA2007PLC043877. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prateek Spintex has 1 court case on record: 1 filed by the company.
Prateek Spintex was incorporated on 14 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Rashmi Sagar Paulkar was appointed as Additional Director on 04 Feb 2026. Dushyant Biharilal Dholakia was appointed as Additional Director on 29 Nov 2025. Karan Bharat Chandan was appointed as Additional Director on 29 Nov 2025. Prateek Spintex has 17 board changes on record in total.
Prateek Spintex can be reached through the website prateekapparels.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Prateek Spintex is at No. 17 Hulkul Kubera Lalbagh Road, Sudhamanagar, Bangalore, Karnataka, India – 560027.
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