About Prince SWR Systems Private Limited
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Prince SWR Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 29 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25206MH1995PTC086960.
The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹9.88 Cr. It was formerly known as Prince Swr Systems Limited. It is led by directors including Piyush Gangji Chheda (Managing Director) and Rupal Piyush Chheda.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at A101/102 1st Floor Sunshine Plaza Naigaon Cross Road Dadar East, Mumbai, Maharashtra, India – 400014.
As per the financials filed for FY 2019, the company reported a revenue of ₹356.58 Cr, a decline of 10% compared to the previous year. Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 8% over five years.
The company has about 161 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹262.89 Cr and satisfied charges of ₹190.54 Cr on record. Court records list 79 cases involving the company, including 9 filed by the company and 70 filed against it; 35 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 princeswr.com.
Company details
Contact details
Prince SWR Systems Private Limited's registered office is in Mumbai, Maharashtra. Its website is princeswr.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA101/102 1st Floor Sunshine Plaza Naigaon Cross Road Dadar East, Mumbai, Maharashtra, India – 400014
- IndustryManufacturing, Pipe & Tubes, Fittings & Components
To see the full contact details of Prince SWR Systems 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 activity of Prince SWR Systems is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| 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 |
To see the full business activity and turnover split of Prince SWR Systems Private Limited, buy the company report.
Financials of Prince SWR Systems Private Limited
FY 2019 filings availablePrince SWR Systems Private Limited reported revenue of ₹356.58 Cr (down 10% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. 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
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| Total Revenue | ₹356.58 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Prince SWR Systems Private Limited, buy the company report.
Board of directors of Prince SWR Systems Private Limited
Prince SWR Systems has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Gangji Chheda | Managing Director | 14 May 1996 | 30 Years 5 Months | Current |
| Rupal Piyush Chheda | Director | 15 May 2006 | 20 Years 5 Months | Current |
| Harshvardhan Piyush Chheda | Director | 19 Aug 2016 | 10 Years 2 Months | Current |
Auditor
Prince SWR Systems Private Limited is audited by PHADKE AVINASH RAMCHANDRA for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PHADKE AVINASH RAMCHANDRA | FY 2019 | NA |
Shareholding
The shareholding of Prince SWR Systems Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Prince SWR Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2018 | 100213673 | Standard Chartered Bank | ₹2.53 Cr | Open | |
| 26 Oct 2017 | 100186292 | Others | ₹1.34 Cr | Open | |
| 19 Jun 2017 | 100110469 | Canara Bank | ₹47.14 Cr | Open | |
| 30 Mar 2017 | 100107823 | Others | ₹70.68 Lakh | Open | |
| 09 Mar 2017 | 100109480 | Others | ₹2.95 Cr | Open |
To see the full charge records of Prince SWR Systems Private Limited, buy the company report.
Total charge records: 35 View all charges
Legal cases
Prince SWR Systems Private Limited has 79 court cases on record: 9 filed by Prince SWR Systems, 70 filed against it. 35 cases are pending and 44 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 58 | 57 | 32 |
| High courts | 14 | 6 | 3 |
| NCLT | 7 | 7 | 0 |
Cases on record (5 of 79)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by M/S Ala Chemicals Pvt. Ltd., Through Its Director Veena Subray Hosmane | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by M/S Lalitha Chem Industries Pvt Ltd. Through Its Director Subray Sadashiv Hosmane | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by M/S Navyug Chemicals Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by Idfc First Bank Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Aroma Organics Ltd. | Pending |
To see the full case history of Prince SWR Systems 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 Prince SWR Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Prince SWR Systems Private Limited has a workforce of 161 employees on its EPFO records as of Feb 2020, across 3 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2019-20 | 161 |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Prince SWR Systems Private Limited, buy the company report.
GST
No GST registration is on our record for Prince SWR Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prince SWR Systems Private Limited has 4 board changes on record since 1996: 3 appointments and 1 cessation. The latest: Harshvardhan Piyush Chheda ceased to be Additional Director on 30 Sep 2016.
65 earlier events are in the company report.
Frequently asked questions
Prince SWR Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 29 March 1995 (31+ years old) and is registered under CIN U25206MH1995PTC086960.
Prince SWR Systems has 3 current directors:
- Piyush Gangji Chheda - Managing Director
- Rupal Piyush Chheda - Director
- Harshvardhan Piyush Chheda - Director
The latest financial statements of Prince SWR Systems on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Prince SWR Systems is U25206MH1995PTC086960. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prince SWR Systems has 79 court cases on record: 9 filed by the company and 70 filed against it. 35 are pending. Most are in the district courts.
Prince SWR Systems was incorporated on 29 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Harshvardhan Piyush Chheda ceased to be Additional Director on 30 Sep 2016. Harshvardhan Piyush Chheda was appointed as Director on 19 Aug 2016. Rupal Piyush Chheda was appointed as Director on 15 May 2006. Prince SWR Systems has 4 board changes on record in total.
Prince SWR Systems can be reached through the website princeswr.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Prince SWR Systems is at A101102 1st Floor Sunshine Plaza Naigaon Cross Road Dadar East, Mumbai, Maharashtra, India – 400014.
Prince SWR Systems operates in the manufacturing industry, in the pipe and tubes segment.
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