Prestige Polyester Private Limited
About Prestige Polyester Private Limited
Data last updated:
Prestige Polyester Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 28 July 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH1988PTC048273.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹40 Lakh. It was formerly known as Prestige Polyester Limited. It is led by directors Prabhakar Shridhar Sawant and Prahalad.
Its last annual general meeting (AGM) was held on 20 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Thane, Maharashtra.
As per MCA filings, the company has open charges of ₹3.73 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Prestige Polyester has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17110MH1988PTC048273, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17110MH1988PTC048273 | Current |
| U17110MH1919PLC048273 | Previous |
| U17110MH1988PLC048273 | Previous |
| L17110MH1919PLC048273 | Previous |
Contact details
Prestige Polyester Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD2 Solitaire III Building No 16 Near Mig Complex, Poonam Garden Mira Bhayandar Road, Thane, Maharashtra, India – 401107
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Prestige Polyester 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
Financials of Prestige Polyester Private Limited
FY 2025 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Prestige Polyester Private Limited, buy the company report.
Board of directors of Prestige Polyester Private Limited
Prestige Polyester has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhakar Shridhar Sawant Also directs: Gupta Polyster Pvt Ltd | Director | 30 Sep 2015 | 11 Years 1 Months | Current |
| Prahalad Also directs: Gupta Polyster Pvt Ltd | Additional Director | 23 Sep 2025 | 1 Years 1 Months | Current |
Auditor
Prestige Polyester Private Limited is audited by GMJ & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GMJ & Co | FY 2022 | 103429W |
Shareholding
The shareholding of Prestige Polyester Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Prestige Polyester Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jan 1994 | 90228725 | State Bank of India | ₹1.33 Cr | Open | |
| 22 Feb 1992 | 90228506 | State Bank of India | ₹98 Lakh | Open | |
| 20 Feb 1992 | 90228504 | State Bank of India | ₹30 Lakh | Open | |
| 14 Mar 1991 | 90228382 | State Bank of India | ₹25 Lakh | Open | |
| 30 Mar 1990 | 90228286 | Gujarat Industrial Investment Corporation Ltd | ₹87 Lakh | Open |
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Prestige Polyester Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prestige Polyester Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Prestige Polyester Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prestige Polyester Private Limited has 6 board changes on record since 1988: 3 appointments and 3 cessations. The latest: Prahalad was appointed as Additional Director on 23 Sep 2025.
2 earlier events are in the company report.
Frequently asked questions
Prestige Polyester is an active private limited company based in Thane, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 28 July 1988 (38+ years old) and is registered under CIN U17110MH1988PTC048273.
Prestige Polyester has 2 current directors:
- Prabhakar Shridhar Sawant - Director
- Prahalad - Additional Director
The latest financial statements of Prestige Polyester on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 August 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Prestige Polyester is U17110MH1988PTC048273. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prestige Polyester was incorporated on 28 July 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
Prahalad was appointed as Additional Director on 23 Sep 2025. Ajay Lakshminarain Gupta ceased to be Director on 22 Dec 2016. Prabhakar Shridhar Sawant ceased to be Additional Director on 30 Sep 2016. Prestige Polyester has 6 board changes on record in total.
The registered office of Prestige Polyester is at D2 Solitaire III Building No 16 Near Mig Complex, Poonam Garden Mira Bhayandar Road, Thane, Maharashtra, India – 401107.
Prestige Polyester operates in the manufacturing industry, in the textile and fabric production segment.
Prestige Polyester has open charges of ₹3.73 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of Prestige Polyester is compliant as of 29 September 2026. The company is actively filing with the Registrar of Companies.
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