Prime Overseas Garments Private Limited

Prime Overseas Garments Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U18101MH2006PTC161799 Incorporated 12 May 2006 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company manufacturing MSME · Small
Revenue · FY 2024
₹34.16 Cr
▲ 29% YoY
Net profit · FY 2024
₹72.87 Lakh
Net margin 2.1%
EBITDA · FY 2024
₹1.72 Cr
EBITDA margin 5%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹25.7 Lakh
Issued & subscribed
Open charges
₹17.92 Cr
Satisfied ₹10 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
31
Provident fund records

About Prime Overseas Garments Private Limited

Data last updated:

Prime Overseas Garments Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 12 May 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH2006PTC161799. Its GSTIN is 27AADCP8915F1ZA (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25.7 Lakh. It is led by directors Ajay Jayantilal Shah and Deepa Ajay Shah.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 510 Center Plaza Malad East Junction, & Shivaji Chowk Mumbai, Maharashtra, India – 400097.

As per the financials filed for FY 2024, the company reported a revenue of ₹34.16 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹72.87 Lakh (net margin 2.1%) and EBITDA of ₹1.72 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 6% over five years.

The company has about 31 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Prime Overseas. As per MCA filings, the company has open charges of ₹17.92 Cr and satisfied charges of ₹10 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.

Prime Overseas Garments Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0009446). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website primeoverseas.net.

Company details

CIN U18101MH2006PTC161799
Registration Number 161799
Incorporation Date 12 May 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-28-0009446

Recognitions & Rankings of Prime Overseas Garments

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-28-0009446

Contact details

Prime Overseas Garments Private Limited's registered office is in Mumbai, Maharashtra. Its website is primeoverseas.net. Its e-mail address is in the company report.

  • Email
  • Registered Address
    510 Center Plaza Malad East Junction, & Shivaji Chowk Mumbai, Maharashtra, India – 400097
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Prime Overseas Garments Private Limited, buy the company report.

Comprehensive company report
Prime Overseas Garments 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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Secure checkout · GST invoice included

Brands

Prime Overseas Garments operates one associated brand: Prime Overseas. Each brand links to its own profile.

BrandDescriptionWebsite
Knitted garment manufacturing and design services in India.primeoverseas.net

Business activity

The main business activity of Prime Overseas Garments is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Prime Overseas Garments Private Limited, buy the company report.

Financials of Prime Overseas Garments Private Limited

FY 2025 filings available

Prime Overseas Garments Private Limited reported revenue of ₹34.16 Cr (up 29% YoY) for FY 2024.

Revenue · FY 2024
₹34.16 Cr ▲ 29%
Net profit · FY 2024
₹72.87 Lakh margin 2.1%
EBITDA · FY 2024
₹1.72 Cr margin 5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 26%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 32%
5 years · compounded
▲ 14%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 29% growth in the latest year. EBITDA rose 22% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹1.72 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹72.87 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5%
Net Profit Margin2.1%
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

To see the full financial statements and ratios of Prime Overseas Garments Private Limited, buy the company report.

Board of directors of Prime Overseas Garments Private Limited

Prime Overseas Garments has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ajay Jayantilal ShahDirector10 Jun 200620 Years 5 MonthsCurrent
Deepa Ajay ShahDirector07 Jul 200818 Years 4 MonthsCurrent

Peer comparison

Prime Overseas Garments Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Chintpurni Textiles Private Limited₹34.18 Cr (FY 2016)8.0%New Delhi, Delhi, India
Prime Overseas Garments Private Limitedthis company₹34.16 Cr (FY 2024)₹72.87 Lakh2.1%29.0%31Mumbai, Maharashtra, India
S R Ramsons Private Limited₹34.15 Cr (FY 2025)5.0%Surat, Gujarat, India
Siivaganapathi Spinners Private Limited₹34.14 Cr (FY 2022)86.0%Erode, Tamil Nadu, India
Shree Fab Filament Private Limited₹34.13 Cr (FY 2024)31.0%Rajasthan, India
Anabir Designs Private Limited₹34.12 Cr (FY 2024)-5.0%Mumbai, Maharashtra, India
Amar Jyoti Fashions Private Limited₹34.12 Cr (FY 2024)17.0%Surat, Gujarat, India

To see the full peer comparison of Prime Overseas Garments Private Limited, buy the company report.

Shareholding

The shareholding of Prime Overseas Garments Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Prime Overseas Garments Private Limited, buy the company report.

Charges & borrowings

Open charges
₹17.92 Cr
Satisfied charges
₹10 Cr
Breakdown by lending institutions
Axis Bank Limited₹17.15 Cr
Sidbi₹0.77 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Oct 2025101172443Sidbi₹50 LakhOpen
14 Oct 2025101181264Sidbi₹27.03 LakhOpen
19 Feb 2016100025666Axis Bank Limited₹17.15 CrOpen
14 Oct 200910274331Indian Bank₹4.5 CrSatisfied
21 Jun 200810117480The Karur Vysya Bank Limited₹3.75 CrSatisfied

To see the full charge records of Prime Overseas Garments Private Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Prime Overseas Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Prime Overseas Garments Private Limited has a workforce of 31 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.

Employee count
31
Active EPFO establishments
2
Employee growth
-29.5%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2731
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Prime Overseas Garments Private Limited, buy the company report.

GST

Prime Overseas Garments has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AADCP8915F1ZAMaharashtraActive01 Jul 2017
33AADCP8915F1ZHTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Prime Overseas Garments Private Limited, buy the company report.

Recent activity

Prime Overseas Garments Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Jayantilal Vadilal Shah ceased to be Director on 10 Feb 2014.

Charges
A charge with Axis Bank Limited of Rs. 1,715.00 Lakh registered on 19 Feb 2016 with Charge ID 100025666 was modified on 01 Dec 2025.
Charges
A charge with Sidbi amounted to Rs. 50.00 Lakh with Charge ID 101172443 was registered on 16 Oct 2025.
Charges
A charge with Sidbi amounted to Rs. 27.03 Lakh with Charge ID 101181264 was registered on 14 Oct 2025.
AGM
Prime Overseas Garments Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Prime Overseas Garments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge registered on 14 Oct 2009 via Charge ID 10274331 with Indian Bank was fully satisfied on 04 Jul 2016.
Charges
A charge with Axis Bank Limited amounted to Rs. 1,715.00 Lakh with Charge ID 100025666 was registered on 19 Feb 2016.
Ceased
Jayantilal Vadilal Shah ceased to be Director.
Ceased
Nimish Jayantilal Shah ceased to be Director.
Charges
A charge with Indian Bank of Rs. 450.00 Lakh registered on 14 Oct 2009 with Charge ID 10274331 was modified on 28 Oct 2013.
Charges
A charge registered on 21 Jun 2008 via Charge ID 10117480 with The Karur Vysya Bank Limited was fully satisfied on 19 Feb 2010.
Charges
A charge with Indian Bank amounted to Rs. 450.00 Lakh with Charge ID 10274331 was registered on 14 Oct 2009.

7 earlier events are in the company report.

Frequently asked questions

Prime Overseas Garments is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 12 May 2006 (20+ years old) and is registered under CIN U18101MH2006PTC161799.

Prime Overseas Garments has 2 current directors:

The latest financial statements of Prime Overseas Garments on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Prime Overseas Garments is 27AADCP8915F1ZA, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AADCP8915F1ZH (Tamil Nadu).

The CIN (Corporate Identification Number) of Prime Overseas Garments is U18101MH2006PTC161799. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Prime Overseas Garments has 2 court cases on record: 2 filed against it.

Prime Overseas Garments was incorporated on 12 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Prime Overseas Garments by revenue are Chintpurni Textiles Private Limited, S R Ramsons Private Limited, Siivaganapathi Spinners Private Limited, Shree Fab Filament Private Limited, Anabir Designs Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Jayantilal Vadilal Shah ceased to be Director on 10 Feb 2014. Nimish Jayantilal Shah ceased to be Director on 10 Feb 2014. Deepa Ajay Shah ceased to be Additional Director on 30 Sep 2008. Prime Overseas Garments has 5 board changes on record in total.

Yes, Prime Overseas Garments is registered as a small enterprise under Udyam registration (number: UDYAM-TN-28-0009446).

Prime Overseas Garments can be reached through the website primeoverseas.net. Its registered office is in Mumbai, Maharashtra, India.