Principle Tie-Up Private Limited
About Principle Tie-Up Private Limited
Data last updated:
Principle Tie-Up Private Limited is a private limited company based in Varanasi, Uttar Pradesh, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 22 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U22203UP2007PTC123376. Its GSTIN is 09AAECP1895M1ZR (Uttar Pradesh).
The company has an authorised share capital of ₹22 Lakh and a paid-up capital of ₹21.45 Lakh. It is led by directors Ashok Kumar Agrawal and Ayush Agrawal.
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 Shop No. – 16 Gurukripa Colony Nadesar, Varanasi, Uttar Pradesh, India – 221002.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.48 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.79 Cr (net margin 80%) and EBITDA of ₹8.47 Cr (EBITDA margin 99.8%). Revenue has grown at a compounded annual rate (CAGR) of 481% over three years and 143% over five years.
As per MCA filings, the company has open charges of ₹49.53 Cr and satisfied charges of ₹27 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Principle Tie-Up has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U22203UP2007PTC123376, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U22203UP2007PTC123376 | Current |
| U51109WB2007PTC113610 | Previous |
| U51109UP2007PTC123376 | Previous |
Contact details
Principle Tie-Up Private Limited's registered office is in Varanasi, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. – 16 Gurukripa Colony Nadesar, Varanasi, Uttar Pradesh, India – 221002
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Principle Tie-Up 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
Financials of Principle Tie-Up Private Limited
FY 2025 filings availablePrinciple Tie-Up Private Limited reported revenue of ₹8.48 Cr (up 8737105% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 143% over five years. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹8.47 Cr | ||||
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| Net Profit (PAT) | ₹6.79 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.8% | ||||
| Net Profit Margin | 80% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Principle Tie-Up Private Limited, buy the company report.
Board of directors of Principle Tie-Up Private Limited
Principle Tie-Up has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Agrawal Also directs: Mithila Packtech Private Limited, Vinayak Polytex Private Limited | Director | 31 Aug 2009 | 17 Years 1 Months | Current |
| Ayush Agrawal Also directs: Mithila Packtech Private Limited, Vinayak Polytex Private Limited | Director | 10 Nov 2023 | 2 Years 11 Months | Current |
Auditor
Principle Tie-Up Private Limited is audited by Dwivedi Gupta & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dwivedi Gupta & Co. | FY 2023 | 012584C |
Shareholding
The shareholding of Principle Tie-Up 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 Principle Tie-Up Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jun 2024 | 100935814 | Others | ₹28.78 Cr | Open | |
| 28 Jul 2020 | 100355717 | Others | ₹20.75 Cr | Open | |
| 11 Oct 2021 | 100496512 | State Bank of India | ₹27 Cr | Satisfied |
To see the full charge records of Principle Tie-Up Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Principle Tie-Up Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 3 | 3 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Principal Bench | Original application | Filed against the company by individuals | Disposed |
| NCLT, Kolkata | Petition | Filed against the company by individuals | Disposed |
| NCLT, Allahabad | Company petition | Filed against the company by individuals | Disposed |
| District court, Calcutta, West Bengal | Court case (TS) | Filed against the company by individuals | Disposed |
To see the full case history of Principle Tie-Up 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 Principle Tie-Up Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Principle Tie-Up has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAECP1895M1ZR | Uttar Pradesh | Active | 04 May 2018 |
To see the full GST registrations and return filing status of Principle Tie-Up Private Limited, buy the company report.
Recent activity
Principle Tie-Up Private Limited has 8 board changes on record since 2009: 2 appointments and 6 cessations. The latest: Ayush Agrawal ceased to be Additional Director on 12 Nov 2023.
3 earlier events are in the company report.
Frequently asked questions
Principle Tie-Up is an active private limited company based in Varanasi, Uttar Pradesh, India. The company works in other wholesale, within the trading industry. It was incorporated on 22 February 2007 (19+ years old) and is registered under CIN U22203UP2007PTC123376.
Principle Tie-Up has 2 current directors:
- Ashok Kumar Agrawal - Director
- Ayush Agrawal - Director
The latest financial statements of Principle Tie-Up 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 Principle Tie-Up is 09AAECP1895M1ZR, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Principle Tie-Up is U22203UP2007PTC123376. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Principle Tie-Up has 4 court cases on record: 4 filed against it. Most are in the nclt.
Principle Tie-Up was incorporated on 22 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Ayush Agrawal ceased to be Additional Director on 12 Nov 2023. Anil Kumar Agrawal ceased to be Director on 10 Nov 2023. Ayush Agrawal was appointed as Director on 10 Nov 2023. Principle Tie-Up has 8 board changes on record in total.
The registered office of Principle Tie-Up is at Shop No. – 16 Gurukripa Colony Nadesar, Varanasi, Uttar Pradesh, India – 221002.
Principle Tie-Up operates in the trading industry, in the other wholesale segment.