Princi Proteins Private Limited
About Princi Proteins Private Limited
Data last updated:
Princi Proteins Private Limited was a private limited company based in Deesa, Gujarat, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 28 November 2013.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15400GJ2013PTC077666. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Mehulkumar Thakkar Dalpatram and Vinod Tarachand Agrawal (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Shop No. 17 18 19 Shreeji Arcade Complex Behind Jalaram Bhojnalay, Deesa, Gujarat, India – 385535.
As per the financials filed for FY 2017, the company reported a revenue of ₹15.48 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹1.34 Lakh (net margin 0.1%) and EBITDA of ₹5.04 Lakh (EBITDA margin 0.3%).
Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 2 cases are pending.
Company details
Contact details
Princi Proteins Private Limited's registered office is in Deesa, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 17 18 19 Shreeji Arcade Complex Behind Jalaram Bhojnalay, Deesa, Gujarat, India – 385535
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of Princi Proteins 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 Princi Proteins is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Princi Proteins Private Limited, buy the company report.
Financials of Princi Proteins Private Limited
FY 2017 filings availablePrinci Proteins Private Limited reported revenue of ₹15.48 Cr (down 29% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 29% in the latest year. EBITDA rose 17% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
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| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹5.04 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.34 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
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| Inventories | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.3% | ||
| Net Profit Margin | 0.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Efficiency and Growth | |||
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| Receivable Days | |||
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| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Princi Proteins Private Limited, buy the company report.
Board of directors of Princi Proteins Private Limited
Princi Proteins has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehulkumar Thakkar Dalpatram | Director | 28 Nov 2013 | 12 Years 11 Months | As last reported |
| Vinod Tarachand Agrawal | Irp/Rp/Liquidator | 07 Jun 2023 | 3 Years 5 Months | As last reported |
| Dalpatram Thakkar Gopaljibhai | Director | 28 Nov 2013 | 12 Years 11 Months | As last reported |
Peer comparison
Princi Proteins Private Limited is compared with the 6 companies closest to it by revenue in the Food and Beverages industry (Edible Oils), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KSPK Agri Private Limited | ₹15.95 Cr (FY 2025) | 2595.0% | Bathinda, Punjab, India | |||
| J S B Entrade Private Limited | ₹15.85 Cr (FY 2020) | -56.0% | Guwahati, Assam, India | |||
| Dixon Healthcare Nutrients and Supplements Private Limited | ₹15.72 Cr (FY 2024) | -5.0% | Mumbai, Maharashtra, India | |||
| Princi Proteins Private Limitedthis company | ₹15.48 Cr (FY 2017) | ₹1.34 Lakh | 0.1% | -29.0% | Deesa, Gujarat, India | |
| Somakala Agro Private Limited | ₹14.9 Cr (FY 2024) | 3511.0% | Chennai, Tamil Nadu, India | |||
| Sowra Agro Private Limited | ₹14.53 Cr (FY 2022) | 14210.0% | Pudukkottai, Tamil Nadu, India | |||
| Prajash Trade Solution Private Limited | ₹14.44 Cr (FY 2022) | Pune, Maharashtra, India |
To see the full peer comparison of Princi Proteins Private Limited, buy the company report.
Auditor
Princi Proteins Private Limited is audited by Tulsiyani & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Tulsiyani & Co. | FY 2015 |
Shareholding
The shareholding of Princi Proteins Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Princi Proteins Private Limited, buy the company report.
Legal cases
Princi Proteins Private Limited has 5 court cases on record: 2 filed by Princi Proteins, 3 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 4 | 2 | 1 |
| District courts | 1 | 1 | 1 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Sitaben Dilikumar Hirani Prop of Hirani Brothers | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by State Tax Officer (3) | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company | Disposed |
To see the full case history of Princi Proteins 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 Princi Proteins Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Princi Proteins has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Princi Proteins Private Limited, buy the company report.
Recent activity
Princi Proteins Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Vinod Tarachand Agrawal was appointed as Irp/Rp/Liquidator on 07 Jun 2023.
Frequently asked questions
Princi Proteins has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Princi Proteins was a private limited company based in Deesa, Gujarat, India. The company worked in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 28 November 2013 and is registered under CIN U15400GJ2013PTC077666. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Princi Proteins was incorporated on 28 November 2013. It is registered with the Registrar of Companies, Ahmedabad.
Princi Proteins had 3 directors:
- Mehulkumar Thakkar Dalpatram - Director
- Dalpatram Thakkar Gopaljibhai - Director
- Vinod Tarachand Agrawal - Irp/Rp/Liquidator
The CIN (Corporate Identification Number) of Princi Proteins is U15400GJ2013PTC077666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Princi Proteins is at Shop No. 17 18 19 Shreeji Arcade Complex Behind Jalaram Bhojnalay, Deesa, Gujarat, India – 385535.
The latest financial statements of Princi Proteins on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Princi Proteins has 1 GST registration on record and it is cancelled or inactive.
Princi Proteins operated in the food and beverages industry, in the edible oils and cooking fats segment.
The peers of Princi Proteins by revenue are KSPK Agri Private Limited, J S B Entrade Private Limited, Dixon Healthcare Nutrients and Supplements Private Limited, Somakala Agro Private Limited, Sowra Agro Private Limited and 1 more, all in the Food and Beverages industry (Edible Oils), with the same principal business activity (wholesale trading).
Princi Proteins has 5 court cases on record: 2 filed by the company and 3 filed against it. 2 are pending. Most are in the nclt.
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