Prestigious Textiles Limited
About Prestigious Textiles Limited
Data last updated:
Prestigious Textiles Limited was a public limited company based in Bangalore, Karnataka, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 20 January 2014.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2014PLC115471.
The company had an authorised share capital of ₹26 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Gannayak Business Limited. It was led by directors including Sudhir Kumar Bothra and Trilok Kumar Bothra.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 251B Bommasandra Industrial Area 3rd Phase, Bangalore, Karnataka, India – 560099.
As per the financials filed for FY 2019, the company reported a revenue of ₹27.64 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹1.41 Lakh (net margin -5.1%) and EBITDA of -₹1.12 Lakh (EBITDA margin -4.1%).
Its group structure included 1 subsidiary.
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- Registered Address251B Bommasandra Industrial Area 3rd Phase, Bangalore, Karnataka, India – 560099
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity of Prestigious Textiles Limited
The main business activity of Prestigious Textiles is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Prestigious Textiles Limited FY 2019 filings available
Prestigious Textiles Limited reported revenue of ₹27.64 Lakh (up 5% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Prestigious Textiles Limited
Revenue rose 5% in the latest year. EBITDA fell 5% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Prestigious Textiles Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.12 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.41 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Prestigious Textiles Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Prestigious Textiles are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Prestigious Textiles Limited
Prestigious Textiles Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indu Garments Private Limited | ₹27.69 Lakh (FY 2025) | •••• | •••• | -54.0% | •••• | New Delhi, Delhi, India |
| Sivasakthiamman Spinning Mills Private Limited | ₹27.68 Lakh (FY 2024) | •••• | •••• | -7.0% | •••• | Erode, Tamil Nadu, India |
| Shivsum Industries Private Limited | ₹27.68 Lakh (FY 2025) | •••• | •••• | 35.0% | •••• | New Delhi, Delhi, India |
| Redon Apparels Private Limited | ₹27.67 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| Aftab Silk Mills Private Limited | ₹27.65 Lakh (FY 2024) | •••• | •••• | 9.0% | •••• | Thane, Maharashtra, India |
| Prestigious Textiles Limited this company | ₹27.64 Lakh (FY 2019) | •••• | •••• | 5.0% | •••• | Bangalore, Karnataka, India |
| Radha Krishna Cotton Pressing Private Limited | ₹27.61 Lakh (FY 2025) | •••• | •••• | 41.0% | •••• | Guntur, Andhra Pradesh, India |
| KMTR Moncher Collection Private Limited | ₹27.6 Lakh (FY 2024) | •••• | •••• | 961.0% | •••• | Jalandhar, Punjab, India |
| Vinram Exim Private Limited | ₹27.58 Lakh (FY 2025) | •••• | •••• | -49.0% | •••• | Noida, Uttar Pradesh, India |
| Urbantex Couture Private Limited | ₹27.55 Lakh (FY 2018) | •••• | •••• | 1583.0% | •••• | Jaipur, Rajasthan, India |
| Fabricraft Apparels Private Limited | ₹27.53 Lakh (FY 2025) | •••• | •••• | -63.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Prestigious Textiles by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Prestigious Textiles Limited
Prestigious Textiles Limited is audited by SHARMA & PAGARIA for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHARMA & PAGARIA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Prestigious Textiles Limited
Prestigious Textiles has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Kumar Bothra Also directs: Mulberry Silks Limited, Markasia Textiles and Fibers LLP, Bean Good Private Limited and 2 more | Director | 10 Jul 2015 | 11 Years 2 Months | As last reported |
| Trilok Kumar Bothra Also directs: Mulberry Silks Limited | Director | 10 Jul 2015 | 11 Years 2 Months | As last reported |
| Harshit Kumar Bothra Also directs: Bean Good Private Limited | Director | 16 May 2016 | 10 Years 4 Months | As last reported |
Ownership and Shareholding of Prestigious Textiles Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Prestigious Textiles Limited
Prestigious Textiles Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Prestigious Textiles Limited
Employment history and EPFO contributions of people linked to Prestigious Textiles.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Prestigious Textiles Limited
Prestigious Textiles has 1 subsidiary company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Cornwall Ventures Private Limited | U51909KA2011PTC115497 | Locked |
Showing major subsidiaries. Total: 1.
CIN History of Prestigious Textiles Limited
Prestigious Textiles has one previous CIN (Corporate Identification Number): U51909WB2014PLC199626. The current CIN is U51909KA2014PLC115471, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909KA2014PLC115471 | Current |
| U51909WB2014PLC199626 | Previous |
Recent Activity on Prestigious Textiles Limited
Prestigious Textiles Limited has 9 board changes on record since 2014: 3 appointments and 6 cessations. The latest: Harshit Kumar Bothra ceased to be Additional Director on 29 Sep 2016.
Credit Ratings, Litigation & Regulatory Alerts for Prestigious Textiles Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Prestigious Textiles Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Prestigious Textiles Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Prestigious Textiles Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Prestigious Textiles Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Prestigious Textiles Limited
Prestigious Textiles has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Prestigious Textiles was a public limited company based in Bangalore, Karnataka, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 20 January 2014 and is registered under CIN U51909KA2014PLC115471. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Prestigious Textiles was incorporated on 20 January 2014. It is registered with the Registrar of Companies, Bangalore.
Prestigious Textiles had 3 directors:
- Sudhir Kumar Bothra - Director
- Trilok Kumar Bothra - Director
- Harshit Kumar Bothra - Director
The CIN (Corporate Identification Number) of Prestigious Textiles is U51909KA2014PLC115471. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Prestigious Textiles is at 251B Bommasandra Industrial Area 3rd Phase, Bangalore, Karnataka, India – 560099.
Prestigious Textiles reported revenue of ₹27.64 Lakh for FY 2019 (up 5% YoY).
Prestigious Textiles has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹25 Lakh.
Prestigious Textiles reported a net loss of ₹1.41 Lakh (net margin -5.1%) and EBITDA of -₹1.12 Lakh (EBITDA margin -4.1%) for FY 2019, as per its filed financial statements.
Prestigious Textiles operated in the manufacturing industry, in the textile and fabric production segment.
No. Prestigious Textiles is not listed on any stock exchange. It is an unlisted company.