Prayag Texprint Private Limited
About Prayag Texprint Private Limited
Data last updated:
Prayag Texprint Private Limited was a private limited company based in Vapi, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 17 February 2004.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17309GJ2004PTC043642. Its GSTIN is 24AADCP8538Q1ZQ (Gujarat).
The company had an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It was led by directors including Nareshkumar Parshottambhai Golakiya (Whole-Time Director) and Sanjaykumar Popatlal Savani (Whole-Time Director).
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 was at Plot No.1206/1 3rd Phase GIDC, Vapi, Gujarat, India – 396195.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.63 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹42.36 Lakh (net margin 1.7%) and EBITDA of ₹1.5 Cr (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 4% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹6.69 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Company details
Contact details
Prayag Texprint Private Limited's registered office is in Vapi, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.1206/1 3rd Phase GIDC, Vapi, Gujarat, India – 396195
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Prayag Texprint 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
Business activity
The main business activity of Prayag Texprint 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 Prayag Texprint Private Limited, buy the company report.
Financials of Prayag Texprint Private Limited
FY 2024 filings availablePrayag Texprint Private Limited reported revenue of ₹24.63 Cr (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 29% 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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| Total Expenses | |||||
| EBITDA | ₹1.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹42.36 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Prayag Texprint Private Limited, buy the company report.
Board of directors of Prayag Texprint Private Limited
Prayag Texprint has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nareshkumar Parshottambhai Golakiya Also directs: Joy Poly Fab LLP, Prayag Texprint LLP | Whole-Time Director | 17 Feb 2004 | 22 Years 8 Months | As last reported |
| Arvindbhai Jivrajbhai Golakiya Also directs: Joy Poly Fab LLP, Prayag Texprint LLP | Director | 18 Nov 2019 | 6 Years 11 Months | As last reported |
| Sanjaykumar Popatlal Savani Also directs: Joy Poly Fab LLP, Prayag Texprint LLP | Whole-Time Director | 17 Feb 2004 | 22 Years 8 Months | As last reported |
| Bhupendrakumar Parshottambhai Golakiya Also directs: Joy Poly Fab LLP, Prayag Texprint LLP | Whole-Time Director | 17 Feb 2004 | 22 Years 8 Months | As last reported |
| Bhimjibhai Jivrajbhai Golakiya Also directs: Joy Poly Fab LLP, Prayag Texprint LLP | Whole-Time Director | 17 Feb 2004 | 22 Years 8 Months | As last reported |
| Alpeshbhai Popatbhai Savani Also directs: Joy Poly Fab LLP, Prayag Texprint LLP | Whole-Time Director | 17 Feb 2004 | 22 Years 8 Months | As last reported |
Peer comparison
Prayag Texprint Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Dineshraja Spintex India Private Limited | ₹24.7 Cr (FY 2025) | 17.0% | Namakkal, Tamil Nadu, India | |||
| Nd Apparels Private Limited | ₹24.69 Cr (FY 2025) | 18.0% | Ulhasnagar, Maharashtra, India | |||
| Shivani Cotton Private Limited | ₹24.64 Cr (FY 2025) | -72.0% | Mehsana, Gujarat, India | |||
| Palak Textile Mills Private Limited | ₹24.64 Cr (FY 2025) | 41.0% | Ludhiana, Punjab, India | |||
| Suryalaxmi Spinners Private Limited | ₹24.63 Cr (FY 2024) | 29.0% | Panipat, Haryana, India | |||
| Prayag Texprint Private Limitedthis company | ₹24.63 Cr (FY 2024) | ₹42.36 Lakh | 1.7% | -15.0% | 19 | Vapi, Gujarat, India |
| Khaitan Synthetics Pvt Ltd | ₹24.61 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Allure Tex Trend Private Limited | ₹24.58 Cr (FY 2020) | -46.0% | Surat, Gujarat, India | |||
| A Design Indi Private Limited | ₹24.54 Cr (FY 2025) | 48.0% | Delhi, India | |||
| Mahelwala Fabrics Private Limited | ₹24.53 Cr (FY 2025) | 8.0% | Surat, Gujarat, India |
To see the full peer comparison of Prayag Texprint Private Limited, buy the company report.
Auditor
Prayag Texprint Private Limited is audited by MEMON & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEMON & CO. | FY 2023 | 163760 |
Shareholding
The shareholding of Prayag Texprint 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prayag Texprint Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jan 2010 | 10209144 | Oriental Bank of Commerce | ₹59 Lakh | Satisfied | |
| 14 Oct 2008 | 10127796 | Oriental Bank of Commerce | ₹1.65 Cr | Satisfied | |
| 21 Mar 2007 | 10045829 | Oriental Bank of Commerce | ₹2.8 Cr | Satisfied | |
| 21 Mar 2007 | 10045830 | Oriental Bank of Commerce | ₹1.65 Cr | Satisfied |
To see the full charge records of Prayag Texprint Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Prayag Texprint Private Limited has 2 court cases on record: 1 filed by Prayag Texprint, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Valsad, Gujarat | Court case (WC-FATAL-LC) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Prayag Texprint 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
Prayag Texprint Private Limited has 4 MSME Form 1 returns on record between 2019 and 2023, listing 86 overdue payments to 55 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 55)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Veera Compressor | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Prayag Texprint Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Prayag Texprint Private Limited has a workforce of 19 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Prayag Texprint has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCP8538Q1ZQ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prayag Texprint Private Limited, buy the company report.
Recent activity
Prayag Texprint Private Limited has 9 board changes on record since 2004: 6 appointments and 3 cessations. The latest: Arvindbhai Jivrajbhai Golakiya was appointed as Director on 18 Nov 2019.
9 earlier events are in the company report.
Frequently asked questions
Prayag Texprint has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Prayag Texprint was a private limited company based in Vapi, Gujarat, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 17 February 2004 and is registered under CIN U17309GJ2004PTC043642. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Prayag Texprint is U17309GJ2004PTC043642. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prayag Texprint had 6 directors:
- Nareshkumar Parshottambhai Golakiya - Whole-Time Director
- Sanjaykumar Popatlal Savani - Whole-Time Director
- Bhupendrakumar Parshottambhai Golakiya - Whole-Time Director
- Bhimjibhai Jivrajbhai Golakiya - Whole-Time Director
- Alpeshbhai Popatbhai Savani - Whole-Time Director
- Arvindbhai Jivrajbhai Golakiya - Director
Prayag Texprint was incorporated on 17 February 2004. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Prayag Texprint is at Plot No.12061 3rd Phase GIDC, Vapi, Gujarat, India – 396195.
The latest financial statements of Prayag Texprint 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 GSTIN of Prayag Texprint is 24AADCP8538Q1ZQ, registered in Gujarat.
Prayag Texprint operated in the manufacturing industry, in the textile and fabric production segment.
The peers of Prayag Texprint by revenue are Dineshraja Spintex India Private Limited, Nd Apparels Private Limited, Shivani Cotton Private Limited, Palak Textile Mills Private Limited, Suryalaxmi Spinners Private Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Prayag Texprint has 4 MSME Form 1 returns on record between 2019 and 2023, listing 86 overdue payments to 55 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Prayag Texprint has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.