Primetex Apparels India Private Limited

Primetex Apparels India Private Limited - manufacturing in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U18101KA2003PTC031528 Incorporated 30 January 2003 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company manufacturing MSME · Micro
Data last updated
Revenue · FY 2025
₹11.56 Lakh
▼ 94% YoY
Net loss · FY 2025
₹6.34 Lakh
Net margin -54.9%
EBITDA · FY 2025
-₹1.46 Lakh
EBITDA margin -12.6%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹1.76 Cr
Issued & subscribed
Open charges
₹12.92 Cr
Secured borrowings
Company age
23 yrs
Est. 2003
Employees · EPFO
12
Provident fund records

About Primetex Apparels India Private Limited

Data last updated:

Primetex Apparels India Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 30 January 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18101KA2003PTC031528. Its GSTIN is 29AADCP1054H1ZI (Karnataka).

The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.76 Cr. It is led by directors including Sheela Kumaraswamy Srinivasan and Unnikrishnan Menon.

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 Bengaluru, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹11.56 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹6.34 Lakh (net margin -54.9%) and EBITDA of -₹1.46 Lakh (EBITDA margin -12.6%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years and 46% over five years.

The company has about 12 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹12.92 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 1 case is pending.

Primetex Apparels India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0112650). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website primetexindia.com.

Company details

CIN U18101KA2003PTC031528
Registration Number 031528
Incorporation Date 30 January 2003
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0112650

Recognitions & Rankings of Primetex Apparels India

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0112650

Contact details

Primetex Apparels India Private Limited's registered office is in Bengaluru, Karnataka. Its website is primetexindia.com. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Foundationforrevitalization Of Localhealth Tradion No.50 Msh Layout Anand Nagar 2nd Stage, Hebbal, Bengaluru, Karnataka, India – 560024
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Primetex Apparels India Private Limited, buy the company report.

Comprehensive company report
Primetex Apparels India 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 Primetex Apparels India is manufacturing. In detail, this covers manufacture of wearing apparel.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing14Manufacture of wearing apparel

To see the full business activity and turnover split of Primetex Apparels India Private Limited, buy the company report.

Financials of Primetex Apparels India Private Limited

FY 2025 filings available

Primetex Apparels India Private Limited reported revenue of ₹11.56 Lakh (down 94% YoY) for FY 2025.

Revenue · FY 2025
₹11.56 Lakh ▼ 94%
Net loss · FY 2025
₹6.34 Lakh margin -54.9%
EBITDA · FY 2025
-₹1.46 Lakh margin -12.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 94%
3 years · compounded
▼ 65%
5 years · compounded
▼ 46%
EBITDA CAGR growth
1 year
▼ 111%
3 years · compounded
▼ 27%
5 years · compounded
▼ 15%

Revenue has declined at a compounded annual rate (CAGR) of 46% over five years, including a 94% fall in the latest year. EBITDA fell 111% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹1.46 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹6.34 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-12.6%
Net Profit Margin-54.9%
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 Primetex Apparels India Private Limited, buy the company report.

Board of directors of Primetex Apparels India Private Limited

Primetex Apparels India has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Sheela Kumaraswamy SrinivasanDirector15 Jan 200422 Years 9 MonthsCurrent
Unnikrishnan MenonDirector30 Jan 200323 Years 8 MonthsCurrent
Priya MenonDirector30 Jan 200323 Years 8 MonthsCurrent

Auditor

Primetex Apparels India Private Limited is audited by M VENUGOPAL ACHAR & CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
M VENUGOPAL ACHAR & COFY 2022004675S

Shareholding

The shareholding of Primetex Apparels India Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Primetex Apparels India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹12.92 Cr
Satisfied charges
None
Breakdown by lending institutions
Small Industries Development Bank of India₹9.15 Cr
Union Bank of India₹2.75 Cr
Reliance Consumer Finance Private Limited₹1.02 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 May 201010234061Reliance Consumer Finance Private Limited₹1.02 CrOpen
23 Feb 200710039299Small Industries Development Bank of India₹3 CrOpen
20 Nov 200610032950Union Bank of India₹2.75 CrOpen
20 Nov 200610048727Small Industries Development Bank of India₹6.15 CrOpen

To see the full charge records of Primetex Apparels India Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

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

Employees & EPFO

Primetex Apparels India Private Limited has a workforce of 12 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
12
Active EPFO establishments
1
Employee growth
-14.29%

GST

Primetex Apparels India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AADCP1054H1ZIKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Primetex Apparels India Private Limited, buy the company report.

Recent activity

Primetex Apparels India Private Limited has 3 board changes on record since 2003: 3 appointments. The latest: Sheela Kumaraswamy Srinivasan was appointed as Director on 15 Jan 2004.

AGM
Primetex Apparels India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Primetex Apparels India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Reliance Consumer Finance Private Limited amounted to Rs. 1.02 Cr with Charge ID 10234061 was registered on 31 May 2010.
Charges
A charge with Small Industries Development Bank Of India of Rs. 6.15 Cr registered on 20 Nov 2006 with Charge ID 10048727 was modified on 02 Jan 2009.
Charges
A charge with Small Industries Development Bank Of India amounted to Rs. 3.00 Cr with Charge ID 10039299 was registered on 23 Feb 2007.
Charges
A charge with Union Bank Of India amounted to Rs. 2.75 Cr with Charge ID 10032950 was registered on 20 Nov 2006.
Charges
A charge with Small Industries Development Bank Of India amounted to Rs. 6.15 Cr with Charge ID 10048727 was registered on 20 Nov 2006.
Appointed
Sheela Kumaraswamy Srinivasan was appointed as Director.
Appointed
Priya Menon was appointed as Director.
Appointed
Unnikrishnan Menon was appointed as Director.
Incorporation
30 Jan 2003
Primetex Apparels India Private Limited was registered on 30 Jan 2003 with Roc Bangalore & aged 23 years 8 months as per MCA records.

Frequently asked questions

Primetex Apparels India is an active private limited company based in Bengaluru, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 30 January 2003 (23+ years old) and is registered under CIN U18101KA2003PTC031528.

Primetex Apparels India has 3 current directors:

The latest financial statements of Primetex Apparels India 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 Primetex Apparels India is 29AADCP1054H1ZI, registered in Karnataka.

The CIN (Corporate Identification Number) of Primetex Apparels India is U18101KA2003PTC031528. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Primetex Apparels India has 5 court cases on record: 5 filed by the company. 1 is pending. Most are in the district courts.

Primetex Apparels India was incorporated on 30 January 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.

Sheela Kumaraswamy Srinivasan was appointed as Director on 15 Jan 2004. Priya Menon was appointed as Director on 30 Jan 2003. Unnikrishnan Menon was appointed as Director on 30 Jan 2003.

Yes, Primetex Apparels India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0112650).

Primetex Apparels India can be reached through the website primetexindia.com. Its registered office is in Bengaluru, Karnataka, India.