Priorityone Office Supplies Private Limited
About Priorityone Office Supplies Private Limited
Data last updated:
Priorityone Office Supplies Private Limited is a private limited company based in Bengalore, Karnataka, India. It operates in the textile segment of the apparel and fashion sector. It was incorporated on 04 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74997KA2016PTC096938. Its GSTIN is 29AAICP8041M1ZT (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramesh Randale Ganapathi and Nanji Bhai Bhapa Harkha.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No. 212 Ground Floor 4th Cross Lalbagh, Bengalore, Karnataka, India – 560027.
As per the financials filed for FY 2021, the company reported a revenue of ₹28.32 Lakh, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹19,006 (net margin 0.7%) and EBITDA of ₹30,747 (EBITDA margin 1.1%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo. 212 Ground Floor 4th Cross Lalbagh, Bengalore, Karnataka, India – 560027
- IndustryAppreal & Fashion, Textile, Leather, Apparel
- 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
- One PDF report, delivered after checkout
Business Activity of Priorityone Office Supplies Private Limited
The main business activity of Priorityone Office Supplies is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Priorityone Office Supplies Private Limited
Priorityone Office Supplies Private Limited is audited by SHARATHCHANDRANARAYANMOORTHYSHARALAYA for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHARATHCHANDRANARAYANMOORTHYSHARALAYA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Priorityone Office Supplies Private Limited
Priorityone Office Supplies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Randale Ganapathi | Director | 08 Dec 2018 | 7 Years 9 Months | Current |
| Nanji Bhai Bhapa Harkha | Director | 08 Dec 2018 | 7 Years 9 Months | Current |
Financials of Priorityone Office Supplies Private Limited FY 2021 filings available
Priorityone Office Supplies Private Limited reported revenue of ₹28.32 Lakh (down 51% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Priorityone Office Supplies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 19% over three years, including a 51% fall in the latest year. EBITDA fell 3% 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 of Priorityone Office Supplies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹30,747 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19,006 | •••• | •••• | •••• | •••• |
| 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 of Priorityone Office Supplies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Priorityone Office Supplies are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Priorityone Office Supplies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Priorityone Office Supplies Private Limited
Priorityone Office Supplies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Priorityone Office Supplies Private Limited
Employment history and EPFO contributions of people linked to Priorityone Office Supplies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Priorityone Office Supplies Private Limited
Priorityone Office Supplies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICP8041M1ZT | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Priorityone Office Supplies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Priorityone Office Supplies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Priorityone Office Supplies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Priorityone Office Supplies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Priorityone Office Supplies Private Limited
Frequently Asked Questions about Priorityone Office Supplies Private Limited
Priorityone Office Supplies is an active private limited company based in Bengalore, Karnataka, India. The company works in textile, within the apparel and fashion industry. It was incorporated on 04 October 2016 (10+ years old) and is registered under CIN U74997KA2016PTC096938.
Priorityone Office Supplies reported revenue of ₹28.32 Lakh for FY 2021 (down 51% YoY).
Priorityone Office Supplies has 2 current directors:
- Ramesh Randale Ganapathi - Director
- Nanji Bhai Bhapa Harkha - Director
Priorityone Office Supplies reported a net profit of ₹19,006 (net margin 0.7%) and EBITDA of ₹30,747 (EBITDA margin 1.1%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Priorityone Office Supplies is -19% over three years. In the latest year (FY 2021) revenue fell 51%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Priorityone Office Supplies is 29AAICP8041M1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Priorityone Office Supplies is U74997KA2016PTC096938. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Priorityone Office Supplies was incorporated on 04 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The registered office of Priorityone Office Supplies is at No. 212 Ground Floor 4th Cross Lalbagh, Bengalore, Karnataka, India – 560027.