Priority Vanijya Private Limited
About Priority Vanijya Private Limited
Data last updated:
Priority Vanijya Private Limited was a private limited company based in Amritsar, Punjab, India, operated as a subsidiary of G P M Spinning Mills Pvt Ltd. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 26 October 2007.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51109PB2007PTC047166.
The company had an authorised share capital of ₹47 Lakh and a paid-up capital of ₹46.53 Lakh. It was led by directors Shevinder Sharma and Atul Chaturvedi Kumar.
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 was at 14 Srk Mall Road Amritsar Punjab, Punjab, India – 143001.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.2 Lakh. For the same year it recorded a net loss of ₹4.52 Lakh (net margin -376.3%) and EBITDA of -₹4.42 Lakh (EBITDA margin -367.9%).
Company details
CIN history
Priority Vanijya has one previous CIN (Corporate Identification Number): U51109WB2007PTC120061. The current CIN is U51109PB2007PTC047166, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109PB2007PTC047166 | Current |
| U51109WB2007PTC120061 | Previous |
Contact details
Priority Vanijya Private Limited's registered office is in Amritsar, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address14 Srk Mall Road Amritsar Punjab, Punjab, India – 143001
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Priority Vanijya 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 Priority Vanijya 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 |
Financials of Priority Vanijya Private Limited
FY 2019 filings availablePriority Vanijya Private Limited reported revenue of ₹1.2 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.2 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹4.42 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4.52 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -367.9% | ||
| Net Profit Margin | -376.3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Priority Vanijya Private Limited, buy the company report.
Board of directors of Priority Vanijya Private Limited
Priority Vanijya has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shevinder Sharma | Director | 05 Aug 2019 | 7 Years 2 Months | As last reported |
| Atul Chaturvedi Kumar | Director | 03 Aug 2016 | 10 Years 2 Months | As last reported |
Auditor
Priority Vanijya Private Limited is audited by KAPIL KUMAAR & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAPIL KUMAAR & CO. | FY 2017 | 006241N |
Shareholding
The shareholding of Priority Vanijya Private Limited 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 Priority Vanijya Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Priority Vanijya Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Priority Vanijya Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Priority Vanijya has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Priority Vanijya Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Priority Vanijya Private Limited has 9 board changes on record since 2011: 2 appointments and 7 cessations. The latest: Shevinder Sharma ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Priority Vanijya has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Priority Vanijya was a private limited company based in Amritsar, Punjab, India. The company worked in wholesale, within the trading industry. It was incorporated on 26 October 2007 and is registered under CIN U51109PB2007PTC047166. The company has been struck off by the Registrar of Companies and is no longer operational.
Priority Vanijya had 2 directors:
- Shevinder Sharma - Director
- Atul Chaturvedi Kumar - Director
The CIN (Corporate Identification Number) of Priority Vanijya is U51109PB2007PTC047166. 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 Priority Vanijya is at 14 Srk Mall Road Amritsar Punjab, Punjab, India – 143001.
Priority Vanijya was incorporated on 26 October 2007. It is registered with the Registrar of Companies, Chandigarh.
The latest financial statements of Priority Vanijya 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.
Priority Vanijya operated in the trading industry, in the wholesale segment. It worked in this industry before it was struck off.
Shevinder Sharma ceased to be Additional Director on 30 Sep 2019. Reema Aggarwal ceased to be Director on 08 Aug 2019. Shevinder Sharma was appointed as Director on 05 Aug 2019. Priority Vanijya has 9 board changes on record in total.
The compliance status of Priority Vanijya is compliant as of 29 August 2026.