MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0006883
Prince Corp Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹174.45 Cr
▼ 15% YoY
Net profit · FY 2025
₹1.74 Cr
Net margin 1%
EBITDA · FY 2025
₹27.87 Cr
EBITDA margin 16%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1.85 Cr
Issued & subscribed
Open charges
₹771.03 Cr
Satisfied ₹166.16 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
296
Provident fund records
About Prince Corp Private Limited
Data last updated:
Prince Corp Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 16 November 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1992PTC069561. Its GSTIN is 27AAACP3346H2ZH (Maharashtra). The company holds 10 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.85 Cr. It was formerly known as Princeware International Private Limited and Prince Plastoware (India) Private Limited. It is led by directors including Neena Rakesh Chheda and Raakesh Chheda.
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 Omkar Esquare 7th Flr Opp.Sion – Chunabhatti Signal Eastern Express Highway Sion (East), Mumbai, Maharashtra, India – 400022.
As per the financials filed for FY 2025, the company reported a revenue of ₹174.45 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹1.74 Cr (net margin 1%) and EBITDA of ₹27.87 Cr (EBITDA margin 16%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 6% over five years.
The company has about 296 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Princeware. As per MCA filings, the company has open charges of ₹771.03 Cr and satisfied charges of ₹166.16 Cr on record. Court records list 60 cases involving the company, including 12 filed by the company and 48 filed against it; 16 cases are pending. The company has 7 deals on record (7 secondary share transfers); the latest was in September 2021. Its 9 peer companies in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 5 larger and 4 smaller; the largest is Ag Industries (Bawal) Private Limited with revenue of ₹177.17 Cr. The company has 8 MSME Form 1 returns on record between 2019 and 2023, listing 371 overdue payments to 9 micro and small suppliers.
Prince Corp Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0006883). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website princeware.net.
Company details
CIN U25209MH1992PTC069561
Registration Number 069561
Incorporation Date 16 November 1992
ROC Mumbai
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 Medium
Udyam Registration UDYAM-MH-19-0006883
Name history
Prince Corp has undergone 4 name changes throughout its history. The current legal name is Prince Corp Private Limited.
| Company Name | Status |
|---|---|
| Prince Corp Private Limited | Current |
| Princeware International Private Limited | Previous |
| Prince Plastoware (India) Private Limited | Previous |
| Prince Plastics Intl. Limited | Previous |
| Prince Plastics International Private Limited | Previous |
Recognitions & Rankings of Prince Corp
Contact details
Prince Corp Private Limited's registered office is in Mumbai, Maharashtra. Its website is princeware.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOmkar Esquare 7th Flr Opp.Sion – Chunabhatti Signal Eastern Express Highway Sion (East), Mumbai, Maharashtra, India – 400022
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Prince Corp Private Limited, buy the company report.
Comprehensive company report
Prince Corp 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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Brands
Prince Corp operates one associated brand: Princeware. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and distribution of homeware and travelware products in India. | princeware.net |
Business activity
The main business activities of Prince Corp are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and retail trading. 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 | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Prince Corp Private Limited, buy the company report.
Financials of Prince Corp Private Limited
FY 2024 filings availablePrince Corp Private Limited reported revenue of ₹174.45 Cr (down 15% YoY) for FY 2025.
Revenue · FY 2025
₹174.45 Cr ▼ 15%
Net profit · FY 2025
₹1.74 Cr margin 1%
EBITDA · FY 2025
₹27.87 Cr margin 16%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▼ 4%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▼ 13%
5 years · compounded
▼ 3%
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 15% fall in the latest year. EBITDA fell 13% 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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| Total Expenses | |||||
| EBITDA | ₹27.87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.74 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Prince Corp Private Limited, buy the company report.
Board of directors of Prince Corp Private Limited
Prince Corp has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neena Rakesh Chheda | Director | 03 Oct 2011 | 15 Years 0 Months | Current |
| Raakesh Chheda | Director | 16 Nov 1992 | 33 Years 11 Months | Current |
| Divyaansh Rakesh Chheda | Director | 07 Oct 2016 | 10 Years 0 Months | Current |
Peer comparison
Prince Corp Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ag Industries (Bawal) Private Limited | ₹177.17 Cr (FY 2025) | 21.0% | Bawal, Haryana, India | |||
| Pacoline Industries Private Limited | ₹176.86 Cr (FY 2025) | 14.0% | Pune, Maharashtra, India | |||
| Shree TNB Polymers Limited | ₹175.7 Cr (FY 2025) | -16.0% | Silvassa, Dadra and Nagar Haveli, India | |||
| Walter Pack Automotive Products India Private Limited | ₹174.96 Cr (FY 2025) | 12.0% | Pune, Maharashtra, India | |||
| Vin Plasticizers Private Limited | ₹174.89 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Prince Corp Private Limitedthis company | ₹174.45 Cr (FY 2025) | ₹1.74 Cr | 1% | -15.0% | 296 | Mumbai, Maharashtra, India |
| Jai Balaji Maharaj Polymers India Private Limited | ₹174.18 Cr (FY 2025) | 174.0% | Ghaziabad, Uttar Pradesh, India | |||
| Rahil Foam Private Limited | ₹171.25 Cr (FY 2025) | 29.0% | Paddhari, Gujarat, India | |||
| Bindal Technopolymer Private Limited | ₹171.18 Cr (FY 2025) | 6.0% | Maicha, Uttar Pradesh, India | |||
| Roechling Industrial India Private Limited | ₹168.24 Cr (FY 2024) | 10.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Prince Corp Private Limited, buy the company report.
Auditor
Prince Corp Private Limited is audited by M/s. Chaturvedi Shah for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s. Chaturvedi Shah | FY 2023 | 119728W |
Shareholding
The shareholding of Prince Corp 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 Prince Corp Private Limited, buy the company report.
Charges & borrowings
Open charges
₹771.03 Cr
Satisfied charges
₹166.16 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jul 2024 | 100948395 | Bank of India | ₹3 Cr | Open | |
| 29 Feb 2024 | 100898902 | Bank of India | ₹3 Cr | Open | |
| 09 Nov 2023 | 100828024 | Bank of India | ₹3 Cr | Open | |
| 15 Jun 2023 | 100767704 | Others | ₹14 Cr | Open | |
| 28 Dec 2022 | 100676395 | Others | ₹13.9 Cr | Open |
To see the full charge records of Prince Corp Private Limited, buy the company report.
Total charge records: 55 View all charges
Deals & funding
Prince Corp Private Limited has 7 deals on record (7 secondary share transfers); the latest was in September 2021.
Total deals
7
Secondary share transfers
7
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2011 | Secondary share transfer | Undisclosed | Seller: Bhavesh Kishore Cheeda HUF, 3 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Shamji Optima Private Limited , 3 individuals |
To see the full deal history of Prince Corp Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Prince Corp Private Limited has 60 court cases on record: 12 filed by Prince Corp, 48 filed against it. 16 cases are pending and 44 are disposed.
Total cases
60
Filed by the company
12
Filed against the company
48
Pending
16
Disposed
44
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 47 | 36 | 16 |
| High courts | 13 | 12 | 0 |
Cases on record (5 of 60)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Siemens Financial Services Pvt Ltd | Pending |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by Busybees Logistics Solutions Pvt Ltd Through Its Authorized Signatories Sheetal Potale | Pending |
| District court, Silvassa, The Dadra And Nagar Haveli And Daman And Diu | Court case (Sum.Civ.Suit) | Filed against the company by M/S. Shloka Engineering Private Limited | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Busybees Logistics Solutions Pvt Ltd THR Mahak Paliwal | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Mars Petrochem Private Limited Through Nitin Gandhale | Disposed |
To see the full case history of Prince Corp 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
Prince Corp Private Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 371 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Gaurav Packaging | |||
| Chitra Industries | |||
| Safewater Lines India Private Limited | |||
| Bhanushali Packing | |||
| Rajiv Plastic Industries |
To see the full MSME payment records of Prince Corp Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Prince Corp Private Limited has a workforce of 296 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
296
Active EPFO establishments
1
Employee growth
-31.16%
GST
Prince Corp has 10 GST registrations: 7 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
10
Active
7
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP3346H2ZH | Maharashtra | Active | 29 Jul 2017 |
| 10AAACP3346H1ZX | Bihar | Active | 01 Jul 2017 |
| 19AAACP3346H1ZF | West Bengal | Active | 01 Jul 2017 |
| 22AAACP3346H1ZS | Chhattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prince Corp Private Limited, buy the company report.
Recent activity
Prince Corp Private Limited has 9 board changes on record since 1992: 3 appointments and 6 cessations. The latest: Divyaansh Rakesh Chheda ceased to be Additional Director on 21 Aug 2017.
Charges
A charge with Bank Of India of Rs. 178.69 Cr registered on 19 Jun 2015 with Charge ID 10579912 was modified on 12 Aug 2025.
Charges
A charge with Bank Of India of Rs. 178.69 Cr registered on 16 Aug 2003 with Charge ID 90153983 was modified on 27 May 2025.
Charges
A charge with Bank Of India of Rs. 178.69 Cr registered on 18 Mar 2015 with Charge ID 10570105 was modified on 15 Apr 2025.
AGM
Prince Corp Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Bank Of India amounted to Rs. 3.00 Cr with Charge ID 100948395 was registered on 08 Jul 2024.
Filing
Prince Corp Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Bank Of India amounted to Rs. 3.00 Cr with Charge ID 100898902 was registered on 29 Feb 2024.
Charges
A charge with Bank Of India amounted to Rs. 3.00 Cr with Charge ID 100828024 was registered on 09 Nov 2023.
Charges
A charge with Others amounted to Rs. 14.00 Cr with Charge ID 100767704 was registered on 15 Jun 2023.
Charges
A charge registered on 16 Dec 2016 via Charge ID 100070954 with Standard Chartered Bank was fully satisfied on 31 Jan 2023.
Charges
A charge with Others amounted to Rs. 13.90 Cr with Charge ID 100676395 was registered on 28 Dec 2022.
Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100616394 was registered on 22 Sep 2022.
102 earlier events are in the company report.
Frequently asked questions
Prince Corp is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 16 November 1992 (34+ years old) and is registered under CIN U25209MH1992PTC069561.
Prince Corp has 3 current directors:
- Neena Rakesh Chheda - Director
- Raakesh Chheda - Director
- Divyaansh Rakesh Chheda - Director
The latest financial statements of Prince Corp 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 Prince Corp is 27AAACP3346H2ZH, registered in Maharashtra. The company has 10 GST registrations in all, of which 7 are active and 3 are cancelled or inactive. Other active GSTINs include 10AAACP3346H1ZX (Bihar), 19AAACP3346H1ZF (West Bengal), 22AAACP3346H1ZS (Chhattisgarh).
The CIN (Corporate Identification Number) of Prince Corp is U25209MH1992PTC069561. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prince Corp has 60 court cases on record: 12 filed by the company and 48 filed against it. 16 are pending. Most are in the district courts.
Prince Corp was incorporated on 16 November 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Prince Corp has 7 deals on record (7 secondary share transfers); the latest was in September 2021.
The peers of Prince Corp by revenue are Ag Industries (Bawal) Private Limited, Pacoline Industries Private Limited, Shree TNB Polymers Limited, Walter Pack Automotive Products India Private Limited, Vin Plasticizers Private Limited and 4 more, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Divyaansh Rakesh Chheda ceased to be Additional Director on 21 Aug 2017. Divyaansh Rakesh Chheda was appointed as Director on 07 Oct 2016. Vijay Dilbagh Rai ceased to be Director on 12 Aug 2014. Prince Corp has 9 board changes on record in total.
Yes, Prince Corp is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0006883).
Prince Corp has 8 MSME Form 1 returns on record between 2019 and 2023, listing 371 overdue payments to 9 micro and small suppliers. The latest return was filed on 03 Dec 2023.