
Premier Fabric Sourcing LLP
About Premier Fabric Sourcing LLP
Data last updated:
Premier Fabric Sourcing LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 17 January 2015 and has been in existence for over 11 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAD-2178. Its GSTIN is 29AAQFP8137M1ZA (Karnataka).
The LLP has a total obligation of contribution of ₹15 Cr. It is led by designated partners including Hemanth Choudhary Kumar and Jagdish Choudhary Hemantkumar.
Its latest statement of accounts is for the year ended 31 March 2022. The registered office is at Bangalore, Karnataka.
The LLP has about 62 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹27 Cr and satisfied charges of ₹18.17 Cr on record. Court records list 140 cases involving the LLP, including 140 filed by the LLP; 30 cases are pending.
Company details
Contact details
Premier Fabric Sourcing LLP's registered office is in Bangalore, Karnataka.
- Registered AddressNo.54 Old No.48 2nd Floor Svp Arcade, Sudhamanagar Lalbagh Road, Bangalore, Karnataka, India – 560027
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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 Premier Fabric Sourcing LLP
FY 2022 filings availableFinancial Statement Summary
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | |||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | |||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | |||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Premier Fabric Sourcing LLP, buy the company report.
Designated partners of Premier Fabric Sourcing LLP
Premier Fabric Sourcing has 3 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemanth Choudhary Kumar | Designated Partner | 17 Jan 2015 | 11 Years 9 Months | Current |
| Jagdish Choudhary Hemantkumar Also directs: Premier Fabrics International LLP, Luxe Brands LLP | Designated Partner | 17 Jan 2015 | 11 Years 9 Months | Current |
| Kalpesh Hemanth Kumar Choudhary Also directs: Premier Fabrics International LLP, Luxe Brands LLP | Designated Partner | 17 Jan 2015 | 11 Years 9 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jul 2022 | 100653367 | Icici Bank Limited | ₹2 Cr | Open | |
| 10 Oct 2016 | 100054842 | Icici Bank Limited | ₹25 Cr | Open | |
| 04 Aug 2021 | 100472790 | Icici Bank Limited | ₹4.67 Cr | Satisfied | |
| 25 Jun 2015 | 10579282 | Union Bank of India | ₹13.5 Cr | Satisfied |
To see the full charge records of Premier Fabric Sourcing LLP, buy the company report.
Total charge records: 4 View all charges
Legal cases
Premier Fabric Sourcing LLP has 140 court cases on record: 140 filed by Premier Fabric Sourcing. 30 cases are pending and 110 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 110 | 0 | 3 |
| High courts | 30 | 0 | 27 |
Cases on record (5 of 140)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Bangalore Sports Wear Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Bangalore Sports Wear Pvt Ltd | Disposed |
| High Court | Court case (MFA) | Filed by the company against The Competent Authority and 3 others | Pending |
| High Court | Writ petition | Filed by the company against The Additional Regional Commissioner and 1 other | Pending |
| High Court, KARNATAKA | Court case (MFA) | Filed by the company against individuals | Pending |
To see the full case history of Premier Fabric Sourcing LLP, 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 Premier Fabric Sourcing LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Premier Fabric Sourcing has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAQFP8137M1ZA | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Premier Fabric Sourcing LLP, buy the company report.
Recent activity
Premier Fabric Sourcing LLP has 4 designated partner changes on record since 2015: 3 appointments and 1 cessation. The latest: Jagdish Choudhary Hemantkumar ceased to be Partner on 25 Mar 2021.
2 earlier events are in the company report.
Frequently asked questions
Premier Fabric Sourcing is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 17 January 2015 (11+ years old) and is registered under LLPIN AAD-2178.
Premier Fabric Sourcing has 3 current designated partners:
- Hemanth Choudhary Kumar - Designated Partner
- Jagdish Choudhary Hemantkumar - Designated Partner
- Kalpesh Hemanth Kumar Choudhary - Designated Partner
The latest financial statements of Premier Fabric Sourcing on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 31 March 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Premier Fabric Sourcing is 29AAQFP8137M1ZA, registered in Karnataka.
The LLPIN (Limited Liability Partnership Identification Number) of Premier Fabric Sourcing is AAD-2178. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Premier Fabric Sourcing has 140 court cases on record: 140 filed by the LLP. 30 are pending. Most are in the district courts.
Premier Fabric Sourcing was incorporated on 17 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Jagdish Choudhary Hemantkumar ceased to be Partner on 25 Mar 2021. Hemanth Choudhary Kumar was appointed as Designated Partner on 17 Jan 2015. Jagdish Choudhary Hemantkumar was appointed as Designated Partner on 17 Jan 2015. Premier Fabric Sourcing has 4 designated partner changes on record in total.
The registered office of Premier Fabric Sourcing is at No.54 Old No.48 2nd Floor Svp Arcade, Sudhamanagar Lalbagh Road, Bangalore, Karnataka, India – 560027.
Premier Fabric Sourcing operates in the home and lifestyle industry, in the textile retail and distribution segment.

