Priyanshi Textiles Private Limited
About Priyanshi Textiles Private Limited
Data last updated:
Priyanshi Textiles Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 12 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17291GJ2004PTC043779. Its GSTIN is 24AAACY4125F2ZN (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹42.66 Lakh. It was formerly known as Yogi Embroidery Private Limited. It is led by directors including Nitesh Valjibhai Makrubia and Hareshbhai Laljibhai Rudakiya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 77 Sunrise Integrated Textile Park, Surat, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹91,649, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹71,649 (net margin 78.2%) and EBITDA of ₹71,649 (EBITDA margin 78.2%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 53% over five years.
As per MCA filings, the company has open charges of ₹15.4 Cr on record. Court records list 17 cases involving the company, including 17 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Priyanshi Textiles Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressC/2 Plot No: – 74 – 77 Sunrise Integrated Textile Park Nr.Sayan Sugar Factory Kim Sayan Road Ka, Reli Olpad, Surat, Gujarat, India – 394130
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Priyanshi Textiles 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 Priyanshi Textiles is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Priyanshi Textiles Private Limited, buy the company report.
Financials of Priyanshi Textiles Private Limited
FY 2024 filings availablePriyanshi Textiles Private Limited reported revenue of ₹91,649 (up 186% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 186% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 53%. EBITDA rose 793% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹71,649 | ||||
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| Net Profit (PAT) | ₹71,649 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 78.2% | ||||
| Net Profit Margin | 78.2% | ||||
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To see the full financial statements and ratios of Priyanshi Textiles Private Limited, buy the company report.
Board of directors of Priyanshi Textiles Private Limited
Priyanshi Textiles has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitesh Valjibhai Makrubia | Director | 12 Mar 2004 | 22 Years 7 Months | Current |
| Hareshbhai Laljibhai Rudakiya | Director | 01 Jun 2010 | 16 Years 5 Months | Current |
| Prashant Gobarbhai Hadiya | Director | 21 Apr 2018 | 8 Years 6 Months | Current |
Auditor
Priyanshi Textiles Private Limited is audited by NITIN NAKUL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NITIN NAKUL & CO | FY 2021 | 131245W |
Shareholding
The shareholding of Priyanshi Textiles Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Priyanshi Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jan 2011 | 10271063 | Punjab National Bank | ₹7.7 Cr | Open | |
| 04 Nov 2010 | 10304368 | Punjab National Bank | ₹7.7 Cr | Open |
To see the full charge records of Priyanshi Textiles Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Priyanshi Textiles Private Limited has 17 court cases on record: 17 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 15 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (EXE R) | Filed against the company by M/S Religare Finvest Ltd. and Its Authorised Person Mr. Prabhat Baroliya | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Religare Finvest Ltd Mr.Sumeet Ranjan Das | Disposed |
| District court, Vadodara, Gujarat | Court case (CR EN) | Filed against the company by Religare Finvest Ltd, Mr. Sumeet Ranjan Das | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Religare Finvest Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ms Religare Finvest Limited | Disposed |
To see the full case history of Priyanshi Textiles 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.
Credit ratings & regulatory alerts
Priyanshi Textiles Private Limited was last rated by Icra on 11 Aug 2015.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 11 Aug 2015 |
To see the full credit ratings and regulatory alerts of Priyanshi Textiles Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Priyanshi Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Priyanshi Textiles Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
Priyanshi Textiles has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACY4125F2ZN | Gujarat | Active | 07 Apr 2022 |
To see the full GST registrations and return filing status of Priyanshi Textiles Private Limited, buy the company report.
Recent activity
Priyanshi Textiles Private Limited has 7 board changes on record since 2004: 3 appointments and 4 cessations. The latest: Prashant Gobarbhai Hadiya was appointed as Director on 21 Apr 2018.
2 earlier events are in the company report.
Frequently asked questions
Priyanshi Textiles is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 12 March 2004 (22+ years old) and is registered under CIN U17291GJ2004PTC043779.
Priyanshi Textiles has 3 current directors:
- Nitesh Valjibhai Makrubia - Director
- Hareshbhai Laljibhai Rudakiya - Director
- Prashant Gobarbhai Hadiya - Director
The latest financial statements of Priyanshi Textiles on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Priyanshi Textiles is 24AAACY4125F2ZN, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Priyanshi Textiles is U17291GJ2004PTC043779. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Priyanshi Textiles has 17 court cases on record: 17 filed against it. Most are in the district courts.
Priyanshi Textiles was incorporated on 12 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Prashant Gobarbhai Hadiya was appointed as Director on 21 Apr 2018. Prashant Gobarbhai Hadiya ceased to be Director on 01 Jun 2013. Ankush Madhubhai Nakrani ceased to be Director on 24 Jun 2011. Priyanshi Textiles has 7 board changes on record in total.
The registered office of Priyanshi Textiles is at C2 Plot No: – 74 – 77 Sunrise Integrated Textile Park Nr.Sayan Sugar Factory Kim Sayan Road Ka, Reli Olpad, Surat, Gujarat, India – 394130.
Priyanshi Textiles operates in the manufacturing industry, in the textile and fabric production segment.
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