About Preston India Private Limited
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Preston India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 31 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U01920KA2000PTC026834. Its GSTIN is 29AADCP0218M1ZB (Karnataka). The company holds 24 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹1.61 Cr and a paid-up capital of ₹1.61 Cr. It is led by directors including Mani Koduvirachira Thomas and Sachin Joseph.
Its last annual general meeting (AGM) was held on 30 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 45 – A1 2nd Phasepeenya Industrial Area Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹260.51 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.08 Cr (net margin 3.1%) and EBITDA of ₹13.25 Cr (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 181% over three years and 83% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹40.75 Cr and satisfied charges of ₹181.16 Cr on record. Court records list 22 cases involving the company, including 18 filed by the company and 4 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paragonfootwear.com.
Company details
Contact details
Preston India Private Limited's registered office is in Bangalore, Karnataka. Its website is paragonfootwear.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address45 – A1 2nd Phasepeenya Industrial Area Bangalore, Karnataka, India – 560058
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Preston India 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 activities of Preston India are manufacturing and support service to organizations. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Preston India Private Limited, buy the company report.
Financials of Preston India Private Limited
FY 2025 filings availablePreston India Private Limited reported revenue of ₹260.51 Cr (up 1206% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 83% over five years. EBITDA rose 17% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹13.25 Cr | ||||
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| Net Profit (PAT) | ₹8.08 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | 3.1% | ||||
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To see the full financial statements and ratios of Preston India Private Limited, buy the company report.
Board of directors of Preston India Private Limited
Preston India has 10 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mani Koduvirachira Thomas Also directs: Elastrex Polymers Private Limited, Paragon Footwears Private Limited, Paragon Polymer Products Private Limited and 1 more | Director | 01 Apr 2000 | 26 Years 6 Months | Current |
| Sachin Joseph Also directs: Paragon Footwears Private Limited, Falcon Agencies Private Limited | Director | 26 Sep 2020 | 6 Years 0 Months | Current |
| Vinay Abraham Mathew Also directs: Paragon Footwears Private Limited | Director | 26 Sep 2020 | 6 Years 0 Months | Current |
| Nakhul Uthup Joseph | Director | 26 Sep 2020 | 6 Years 0 Months | Current |
| Thomas Mani | Director | 26 Sep 2020 | 6 Years 0 Months | Current |
| Joseph Zachariah Also directs: Elastrex Polymers Private Limited, Paragon Footwears Private Limited, Paragon Polymer Products Private Limited and 1 more | Director | 31 Aug 2006 | 20 Years 1 Months | Current |
Auditor
Preston India Private Limited is audited by Varma & Varma Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Varma & Varma Chartered Accountants | FY 2023 | 004532S |
Shareholding
The shareholding of Preston India 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 Preston India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jun 2025 | 101120223 | Others | ₹15.75 Cr | Open | |
| 09 Sep 2024 | 100977769 | Others | ₹25 Cr | Open | |
| 28 Mar 2015 | 10564561 | State Bank of India | ₹85.7 Cr | Satisfied | |
| 26 Aug 2014 | 10519154 | Bank of Baroda | ₹3.6 Lakh | Satisfied | |
| 20 Aug 2014 | 10557527 | Daimler Financial Services India Private Limited | ₹40 Lakh | Satisfied |
To see the full charge records of Preston India Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Preston India Private Limited has 22 court cases on record: 18 filed by Preston India, 4 filed against it. 4 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 1 | 2 |
| District courts | 8 | 1 | 2 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Umar Traders and Another and 1 other | Pending |
| High Court of Karnataka | Writ petition | Filed against the company | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against The State of Madhya Pradesh | Pending |
| High Court | Court case (CCC) | Filed by the company against individuals | Disposed |
To see the full case history of Preston India 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
No delayed payments to MSME suppliers are on our record for Preston India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Preston India Private Limited has a workforce of 1 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Preston India has 24 GST registrations: 10 active and 14 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCP0218M1ZB | Karnataka | Active | 01 Jul 2017 |
| 23AADCP0218M1ZN | Madhya Pradesh | Active | 01 Jul 2017 |
| 24AADCP0218M1ZL | Gujarat | Active | 01 Jul 2017 |
| 32AACCO7448P1ZY | Kerala | Active | 10 Jan 2019 |
To see the full GST registrations and return filing status of Preston India Private Limited, buy the company report.
Recent activity
Preston India Private Limited has 20 board changes on record since 2000: 15 appointments and 5 cessations. The latest: Thomas Koduvirachira Thomas ceased to be Director on 20 Sep 2023.
42 earlier events are in the company report.
Frequently asked questions
Preston India is an active private limited company based in Bangalore, Karnataka, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 31 March 2000 (26+ years old) and is registered under CIN U01920KA2000PTC026834.
Preston India has 10 current directors:
- Mani Koduvirachira Thomas - Director
- Sachin Joseph - Director
- Vinay Abraham Mathew - Director
- Nakhul Uthup Joseph - Director
- Thomas Mani - Director
- Joseph Zachariah - Director
- Reji Koduvirachirayil Joseph - Director
- Rebecca Mathew - Director
- Nimmy Joseph - Director
- Vijoo Zachariah - Director
The latest financial statements of Preston India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Preston India is 29AADCP0218M1ZB, registered in Karnataka. The company has 24 GST registrations in all, of which 10 are active and 14 are cancelled or inactive. Other active GSTINs include 23AADCP0218M1ZN (Madhya Pradesh), 24AADCP0218M1ZL (Gujarat), 32AACCO7448P1ZY (Kerala).
The CIN (Corporate Identification Number) of Preston India is U01920KA2000PTC026834. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Preston India has 22 court cases on record: 18 filed by the company and 4 filed against it. 4 are pending. Most are in the high courts.
Preston India was incorporated on 31 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
Thomas Koduvirachira Thomas ceased to be Director on 20 Sep 2023. Sajan Koduvirachira Thomas ceased to be Director on 20 Sep 2021. Nimmy Joseph was appointed as Director on 01 Jun 2021. Preston India has 20 board changes on record in total.
Preston India can be reached through the website paragonfootwear.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Preston India is at 45 – A1 2nd Phasepeenya Industrial Area Bangalore, Karnataka, India – 560058.