Prestige Spinners Pvt Ltd - Company Profile

It is a fashion and textile private limited company based in Punjab, Punjab, India, established in 1989.
1989 Punjab, Punjab, India Active
Last Updated:
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About Prestige Spinners Pvt Ltd

Prestige Spinners Pvt Ltd, a active private limited company, was established on 15 June 1989 in Punjab, Punjab, India. Engaging in innerwear within the manufacturing sector, it holds CIN: U17297PB1989PTC009432. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹1.24 M.

It upholds a compliant status. Employing 6 professional, Its leadership includes Mudit Gupta (Director), Radhika Gupta (Director), Raman Kumar Gupta (Director). It holds ₹3.50 Cr open charges and ₹1.50 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 186Industrial Area A Ludhiana, Punjab, Punjab, 141003.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U17297PB1989PTC009432

  • Registration Number

    009432

  • Incorporation Date

    15 June 1989

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹1.24 M

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.24 M
  • Company Age 36 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.50 Cr
  • Satisfied Charges ₹ 1.50 M
  • Revenue Growth **** 2.46%
  • Profit Growth **** -80.07%
  • Ebitda **** -61.01%
  • Net Worth 0.52%
  • Total Assets **** 16.46%
Company report

Prestige Spinners Pvt Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Prestige Spinners Pvt Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Prestige Spinners Pvt Ltd?
Current Directors
Name Designation Appointment Date Status
Mudit Gupta Director 10 Jun 2006 Current
Radhika Gupta Director 13 Oct 2003 Current
Raman Kumar Gupta Director 02 Jan 2001 Current

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Financial Performance of Prestige Spinners.

Prestige Spinners Pvt Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 2.46% increase. The company also saw a substantial fall in profitability, with a 80.07% decrease in profit. The company's net worth moved up by a moderate rise of 0.52%.

Prestige Spinners revenue growth over time
Prestige Spinners profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 2.46%
*******
*******
*******
*******
Revenue from Operations
*******
 1.75%
*******
*******
*******
*******
Total Assets
*******
 16.46%
*******
*******
*******
*******
Profit or Loss
*******
 -80.07%
*******
*******
*******
*******
Net Worth
*******
 0.52%
*******
*******
*******
*******
EBITDA
*******
 -61.01%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Prestige Spinners?

In 2023, Prestige Spinners had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹35,000,000.00

Satisfied Charges

₹1,500,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 2.80 Cr
  • Bank Of Punjab Ltd : 0.70 Cr
Latest Charge Details
Date Lender Amount Status
16 Sep 2006 Hdfc Bank Limited ₹2.80 Cr Open
30 Jun 2004 Bank Of Punjab Ltd ₹7.00 M Open
15 May 1991 State Bank Of India ₹1.50 M Satisfied

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How Many Employees Work at Prestige Spinners?

Prestige Spinners has a workforce of 6 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prestige Spinners, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Prestige Spinners's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Prestige Spinners
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Prestige Spinners Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Prestige Spinners Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was documented.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 28.00 M registered on 16 Sep 2006 with Charge ID 10023566 was modified on 21 Aug 2015. was recorded as a recent event.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 28.00 M with Charge ID 10023566 was registered on 16 Sep 2006. was recorded as a recent event.

  • Director Appointment

    Mudit Gupta was appointed as a Director was appointed as a Director on 10 Jun 2006 & has been associated with this company since 19 years 8 months . was recorded as a recent event.

  • Charges

    Progress on A charge registered on 15 May 1991 via Charge ID 90179247 with State Bank Of India was fully satisfied on 23 Mar 2006. was documented.

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Frequently Asked Questions
What is the CIN of Prestige Spinners Pvt Ltd?

The CIN of Prestige Spinners Pvt Ltd is U17297PB1989PTC009432.

Where is Prestige Spinners Pvt Ltd headquartered?

Prestige Spinners Pvt Ltd is headquartered at 186Industrial Area A Ludhiana, Punjab, Punjab, 141003.

When was Prestige Spinners Pvt Ltd incorporated?

Prestige Spinners Pvt Ltd was incorporated on 15 June 1989.

Who are the current directors of Prestige Spinners Pvt Ltd?

The current directors of Prestige Spinners Pvt Ltd are

What is the primary industry of Prestige Spinners Pvt Ltd?

The primary industry of Prestige Spinners Pvt Ltd is Manufacturing.

Is Prestige Spinners Pvt Ltd a listed company?

Prestige Spinners Pvt Ltd is unlisted.

What is the capital structure of Prestige Spinners Pvt Ltd?

The authorized capital of Prestige Spinners Pvt Ltd is ₹2.50 M, and the paid-up capital is ₹1.24 M.

What is the compliance status of Prestige Spinners Pvt Ltd?

The compliance status of Prestige Spinners Pvt Ltd is Compliant.

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