About Prince Synthetics Pvt Ltd
Data last updated:
Prince Synthetics Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 06 October 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24304MH1987PTC245739. Its GSTIN is 27AABCP6511H1ZK (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Ashwin Hariram Mulchandani and Malika Ashwin Mulchandani.
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 B – 11 Creative Industrial Estate Sitaram Mill Compound N M Joshi Marg Parel Mumbai, 400011, Maharashtra, India – 400011.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.49 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹47,957 (net margin -13.7%) and EBITDA of -₹41,912 (EBITDA margin -12%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 4% over five years.
As per MCA filings, the company has satisfied charges of ₹65 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website princeavc.com.
Company details
CIN history
Prince Synthetics has one previous CIN (Corporate Identification Number): U24304PN1987PTC044891. The current CIN is U24304MH1987PTC245739, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24304MH1987PTC245739 | Current |
| U24304PN1987PTC044891 | Previous |
Contact details
Prince Synthetics Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is princeavc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 11 Creative Industrial Estate Sitaram Mill Compound N M Joshi Marg Parel Mumbai, 400011, Maharashtra, India – 400011
- IndustryAppreal & Fashion, Leather, Textile, Apparel
To see the full contact details of Prince Synthetics Pvt Ltd, 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
Financials of Prince Synthetics Pvt Ltd
FY 2025 filings availablePrince Synthetics Pvt Ltd reported revenue of ₹3.49 Lakh (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 116% 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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| EBITDA | -₹41,912 | ||||
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| Net Profit (PAT) | -₹47,957 | ||||
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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 | -12% | ||||
| Net Profit Margin | -13.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Prince Synthetics Pvt Ltd, buy the company report.
Board of directors of Prince Synthetics Pvt Ltd
Prince Synthetics has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Hariram Mulchandani Also directs: Euphonic Trading LLP | Director | 20 Dec 2006 | 19 Years 10 Months | Current |
| Malika Ashwin Mulchandani | Director | 25 Sep 2024 | 2 Years 1 Months | Current |
Shareholding
The shareholding of Prince Synthetics Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Prince Synthetics Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jan 2005 | 90088895 | Ichalkaranji Janata Sahakari Bank Limited | ₹5 Lakh | Satisfied | |
| 11 Feb 2004 | 90086667 | Ichalkaranji Janata Sahakari Bank Limited | ₹15 Lakh | Satisfied | |
| 05 Aug 1999 | 90085128 | Ichalkaranji Janata Sahakari Bank Limited | ₹5 Lakh | Satisfied | |
| 04 May 1988 | 90089396 | Ichalkaranji Janata Sahakari Bank Limited | ₹40 Lakh | Satisfied |
To see the full charge records of Prince Synthetics Pvt Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
Prince Synthetics Pvt Ltd has 3 court cases on record: 2 filed by Prince Synthetics, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kolhapur, Maharashtra | Court case (Cri.Rev.App.) | Filed against the company by an individual | Disposed |
| District court, Kolhapur, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Prince Synthetics Pvt Ltd, 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 Synthetics Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prince Synthetics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP6511H1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prince Synthetics Pvt Ltd, buy the company report.
Recent activity
Prince Synthetics Pvt Ltd has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Malika Ashwin Mulchandani ceased to be Additional Director on 29 Sep 2025.
5 earlier events are in the company report.
Frequently asked questions
Prince Synthetics is an active private limited company based in Mumbai, Maharashtra, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 06 October 1987 (39+ years old) and is registered under CIN U24304MH1987PTC245739.
Prince Synthetics has 2 current directors:
- Ashwin Hariram Mulchandani - Director
- Malika Ashwin Mulchandani - Director
The latest financial statements of Prince Synthetics 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 Prince Synthetics is 27AABCP6511H1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Prince Synthetics is U24304MH1987PTC245739. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prince Synthetics has 3 court cases on record: 2 filed by the company and 1 filed against it.
Prince Synthetics was incorporated on 06 October 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
Malika Ashwin Mulchandani ceased to be Additional Director on 29 Sep 2025. Hariram Tahilram Mulchandani ceased to be Director on 07 Nov 2024. Malika Ashwin Mulchandani was appointed as Director on 25 Sep 2024. Prince Synthetics has 4 board changes on record in total.
Prince Synthetics can be reached through the website princeavc.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Prince Synthetics is at B – 11 Creative Industrial Estate Sitaram Mill Compound N M Joshi Marg Parel Mumbai, 400011, Maharashtra, India – 400011.
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