MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0151578
Prime Labels Private Limited - home & lifestyle in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.36 Cr
▲ 61% YoY
Net profit · FY 2024
₹27.91 Lakh
Net margin 4.4%
EBITDA · FY 2024
₹75.34 Lakh
EBITDA margin 11.8%
Authorised capital
₹1.55 Cr
Registered with MCA
Paid-up capital
₹40.25 Lakh
Issued & subscribed
Open charges
₹2.08 Cr
Satisfied ₹1.85 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
7
Provident fund records
About Prime Labels Private Limited
Data last updated:
Prime Labels Private Limited is a private limited company 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 27 January 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1993PTC013930. Its GSTIN is 29AABCP2346L1Z6 (Karnataka).
The company has an authorised share capital of ₹1.55 Cr and a paid-up capital of ₹40.25 Lakh. It is led by directors including Manorath Rangaraji Jain (Managing Director) and Rajesh Manorath Jain (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No B – 164 4th Main 2nd Stage Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.36 Cr, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹27.91 Lakh (net margin 4.4%) and EBITDA of ₹75.34 Lakh (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 6% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.08 Cr and satisfied charges of ₹1.85 Cr on record. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it.
Prime Labels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0151578). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website primelabelsblr.com.
Company details
CIN U85110KA1993PTC013930
Registration Number 013930
Incorporation Date 27 January 1993
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0151578
CIN history
Prime Labels has one previous CIN (Corporate Identification Number): U17112KA1993PTC013930. The current CIN is U85110KA1993PTC013930, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1993PTC013930 | Current |
| U17112KA1993PTC013930 | Previous |
Key People
Manorath Rangaraji Jain Managing Director Rajesh Manorath Jain Whole-Time Director Shrayanhs Jain Director Recognitions & Rankings of Prime Labels
Contact details
Prime Labels Private Limited's registered office is in Bangalore, Karnataka. Its website is primelabelsblr.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo B – 164 4th Main 2nd Stage Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Prime Labels Private Limited, buy the company report.
Comprehensive company report
Prime Labels Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Prime Labels is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Prime Labels Private Limited, buy the company report.
Financials of Prime Labels Private Limited
FY 2024 filings availablePrime Labels Private Limited reported revenue of ₹6.36 Cr (up 61% YoY) for FY 2024.
Revenue · FY 2024
₹6.36 Cr ▲ 61%
Net profit · FY 2024
₹27.91 Lakh margin 4.4%
EBITDA · FY 2024
₹75.34 Lakh margin 11.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 61%
3 years · compounded
▲ 34%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 22%
5 years · compounded
▼ 4%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 61% growth in the latest year. EBITDA rose 23% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹75.34 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27.91 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | 4.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Prime Labels Private Limited, buy the company report.
Board of directors of Prime Labels Private Limited
Prime Labels has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrayanhs Jain | Director | 30 Jan 2023 | 3 Years 8 Months | Current |
| Manorath Rangaraji Jain Also directs: Chandrika Apartments LLP | Managing Director | 05 Jul 1993 | 33 Years 3 Months | Current |
| Rajesh Manorath Jain Also directs: Chandrika Apartments LLP | Whole-Time Director | 31 Mar 2005 | 21 Years 6 Months | Current |
Auditor
Prime Labels Private Limited is audited by GNANOBA & BHAT for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GNANOBA & BHAT | FY 2023 | 000939S |
Shareholding
The shareholding of Prime Labels 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 Prime Labels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.08 Cr
Satisfied charges
₹1.85 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Sep 2015 | 10595254 | State Bank of India | ₹2.08 Cr | Open | |
| 31 Mar 1999 | 80006603 | State Bank of India | ₹1.6 Cr | Satisfied | |
| 22 Jul 1994 | 80006602 | State Bank of India | ₹25 Lakh | Satisfied |
To see the full charge records of Prime Labels Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Prime Labels Private Limited has 9 court cases on record: 5 filed by Prime Labels, 4 filed against it. All cases are disposed.
Total cases
9
Filed by the company
5
Filed against the company
4
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 0 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Sanco Trans Ltd., and 3 others | Disposed |
| High Court, TAMIL NADU | Court case (CRP PD) | Filed by the company against Sanco Trans Ltd., and 3 others | Disposed |
| High Court, TAMIL NADU | Company petition | Filed by the company against M/S.Hijo Exports Pvt Ltd., | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Prime Labels 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 Prime Labels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prime Labels Private Limited has a workforce of 7 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
GST
Prime Labels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCP2346L1Z6 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prime Labels Private Limited, buy the company report.
Recent activity
Prime Labels Private Limited has 5 board changes on record since 1993: 3 appointments and 2 cessations. The latest: Shrayanhs Jain ceased to be Additional Director on 29 Sep 2023.
AGM
Prime Labels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Prime Labels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Shrayanhs Jain ceased to be Additional Director.
Appointed
Shrayanhs Jain was appointed as Director.
Charges
A charge registered on 22 Jul 1994 via Charge ID 80006602 with State Bank Of India was fully satisfied on 12 Apr 2017.
Charges
A charge with State Bank Of India amounted to Rs. 2.08 Cr with Charge ID 10595254 was registered on 05 Sep 2015.
Ceased
Leelavati Jain ceased to be Director.
Charges
A charge registered on 31 Mar 1999 via Charge ID 80006603 with State Bank Of India was fully satisfied on 15 Jun 2007.
Charges
A charge with State Bank Of India of Rs. 1.60 Cr registered on 31 Mar 1999 with Charge ID 80006603 was modified on 11 Aug 2006.
Appointed
Rajesh Manorath Jain was appointed as Whole-Time Director.
Charges
A charge with State Bank Of India amounted to Rs. 1.60 Cr with Charge ID 80006603 was registered on 31 Mar 1999.
Charges
A charge with State Bank Of India amounted to Rs. 0.25 Cr with Charge ID 80006602 was registered on 22 Jul 1994.
2 earlier events are in the company report.
Frequently asked questions
Prime Labels is an active private limited company based in Bangalore, Karnataka, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 27 January 1993 (33+ years old) and is registered under CIN U85110KA1993PTC013930.
Prime Labels has 3 current directors:
- Manorath Rangaraji Jain - Managing Director
- Rajesh Manorath Jain - Whole-Time Director
- Shrayanhs Jain - Director
The latest financial statements of Prime Labels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Prime Labels is 29AABCP2346L1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Prime Labels is U85110KA1993PTC013930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prime Labels has 9 court cases on record: 5 filed by the company and 4 filed against it. Most are in the district courts.
Prime Labels was incorporated on 27 January 1993, making it 33+ years old. It is registered with the Registrar of Companies, Bangalore.
Shrayanhs Jain ceased to be Additional Director on 29 Sep 2023. Shrayanhs Jain was appointed as Director on 30 Jan 2023. Leelavati Jain ceased to be Director on 01 Nov 2014. Prime Labels has 5 board changes on record in total.
Yes, Prime Labels is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0151578).
Prime Labels can be reached through the website primelabelsblr.com. Its registered office is in Bangalore, Karnataka, India.