Priyesh Labels Private Limited
About Priyesh Labels Private Limited
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Priyesh Labels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile segment of the apparel and fashion sector. It was incorporated on 20 March 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U21098MH1990PTC055892. Its GSTIN is 27AABCP1660M1Z9 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.2 Cr and a paid-up capital of ₹2.2 Cr. It is led by directors Paresh Indravadan Majmundar (Managing Director) and Hitesh Indravadan Majmundar.
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 Bhailal House 1st Floor 16 18 Shamshet Stree, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2023, the company reported a revenue of ₹92.09 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹8.8 Lakh (net margin 9.6%) and EBITDA of ₹12.8 Lakh (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
As per MCA filings, the company has satisfied charges of ₹3.46 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Priyesh Labels Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBhailal House 1st Floor 16 18 Shamshet Stree, Mumbai, Maharashtra, India – 400002
- IndustryAppreal & Fashion, Textile, Apparel, Leather
To see the full contact details of Priyesh Labels 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 Priyesh Labels 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 Priyesh Labels Private Limited, buy the company report.
Financials of Priyesh Labels Private Limited
FY 2024 filings availablePriyesh Labels Private Limited reported revenue of ₹92.09 Lakh (down 21% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 106% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹12.8 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹8.8 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.9% | ||||
| Net Profit Margin | 9.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Priyesh Labels Private Limited, buy the company report.
Board of directors of Priyesh Labels Private Limited
Priyesh Labels has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Indravadan Majmundar Also directs: Bhailal Trimmings Private Limited, Bhailal Investments Private Limited, Bhailal Developers Private Limited and 2 more | Director | 20 Mar 1990 | 36 Years 7 Months | Current |
| Paresh Indravadan Majmundar Also directs: Bhailal Investments Private Limited, Bhailal Developers Private Limited, Beam Services Private Limited and 2 more | Managing Director | 20 Mar 1990 | 36 Years 7 Months | Current |
Peer comparison
Priyesh Labels Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Lupitas Pharmaceuticals Private Limited | ₹92.12 Lakh (FY 2025) | -2.0% | Surat, Gujarat, India | |||
| Srishti Lifestyle Private Limited | ₹92.12 Lakh (FY 2024) | 17.0% | Pune, Maharashtra, India | |||
| Viomshi Textiles Private Limited | ₹92.12 Lakh (FY 2025) | 14.0% | Mau, Uttar Pradesh, India | |||
| Sondarya Bandhani Private Limited | ₹92.1 Lakh (FY 2021) | -10.0% | Surat, Gujarat, India | |||
| Bangali Prasad Ramniwas Cloth Private Limited | ₹92.1 Lakh (FY 2020) | -68.0% | Delhi, India | |||
| Priyesh Labels Private Limitedthis company | ₹92.09 Lakh (FY 2023) | ₹8.8 Lakh | 9.6% | -21.0% | Mumbai, Maharashtra, India | |
| Racon Medicare Private Limited (OPC) | ₹92.08 Lakh (FY 2025) | 36.0% | Dadri, Uttar Pradesh, India | |||
| Auqual Pharmaceuticals Private Limited | ₹92.08 Lakh (FY 2024) | 192.0% | Faridabad, Haryana, India | |||
| Wingspan Pharmaceuticals Private Limited | ₹92.08 Lakh (FY 2024) | 149.0% | Patna, Bihar, India | |||
| Aspa Private Limited | ₹92.06 Lakh (FY 2025) | 60.0% | Bangalore, Karnataka, India | |||
| Symcox Research Laboratories Private Limited | ₹92.06 Lakh (FY 2025) | -6.0% | New Delhi, Delhi, India |
To see the full peer comparison of Priyesh Labels Private Limited, buy the company report.
Auditor
Priyesh Labels Private Limited is audited by V.J. CHOKSI & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.J. CHOKSI & Co. | FY 2017 | 101904W |
Shareholding
The shareholding of Priyesh Labels 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 Priyesh Labels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 1999 | 90187832 | Oriental Bank of Commerce | ₹60 Lakh | Satisfied | |
| 05 Oct 1995 | 90187691 | Oriental Bank of Commerce | ₹35 Lakh | Satisfied | |
| 15 Sep 1995 | 90188612 | Oriental Bank of Commerce | ₹1.03 Cr | Satisfied | |
| 08 Dec 1993 | 90187618 | Oriental Bank of Commerce | ₹25 Lakh | Satisfied | |
| 22 Jun 1992 | 90187561 | Gujarat Industrial Investment Corpn. Ltd. | ₹86.14 Lakh | Satisfied |
To see the full charge records of Priyesh Labels Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Priyesh Labels Private Limited has 6 court cases on record: 3 filed by Priyesh Labels, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Valsad, Gujarat | Court case (CMA DC) | Filed against the company by Jayeshbhai Maheshbhai Gor, Turstee of Umbergaon Industrial Association Trus | Disposed |
| District court, Valsad, Gujarat | Court case (SPCS) | Filed by the company against Jayesh Maheshchandra Gor for Umbergaon Industries Assosation and 11 others | Disposed |
| District court, Valsad, Gujarat | Court case (SPCS) | Filed by the company against Jayesh Maheshchandra Gor for Umbergaon Industries Assosation and 11 others | Disposed |
| District court, Valsad, Gujarat | Court case (CMA DC) | Filed against the company by Jayeshbhai Maheshbhai Gor, Turstee of Umbergaon Industrial Association Trus | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by an individual | Disposed |
To see the full case history of Priyesh Labels 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 Priyesh Labels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Priyesh Labels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP1660M1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Priyesh Labels Private Limited, buy the company report.
Recent activity
Priyesh Labels Private Limited has 6 board changes on record since 1990: 2 appointments and 4 cessations. The latest: Ajay Champaklal Kapadia ceased to be Director on 11 Jan 2019.
10 earlier events are in the company report.
Frequently asked questions
Priyesh Labels is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile, within the apparel and fashion industry. It was incorporated on 20 March 1990 (36+ years old) and is registered under CIN U21098MH1990PTC055892.
Priyesh Labels has 2 current directors:
- Paresh Indravadan Majmundar - Managing Director
- Hitesh Indravadan Majmundar - Director
The latest financial statements of Priyesh Labels 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 Priyesh Labels is 27AABCP1660M1Z9, registered in Maharashtra. 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 Priyesh Labels is U21098MH1990PTC055892. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Priyesh Labels has 6 court cases on record: 3 filed by the company and 3 filed against it. Most are in the district courts.
Priyesh Labels was incorporated on 20 March 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Priyesh Labels by revenue are Lupitas Pharmaceuticals Private Limited, Srishti Lifestyle Private Limited, Viomshi Textiles Private Limited, Sondarya Bandhani Private Limited, Bangali Prasad Ramniwas Cloth Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Ajay Champaklal Kapadia ceased to be Director on 11 Jan 2019. Indravadan Bhailal Majmundar ceased to be Director on 08 Jun 2012. Harsha Paresh Majumdar ceased to be Director on 02 Jun 2012. Priyesh Labels has 6 board changes on record in total.
The registered office of Priyesh Labels is at Bhailal House 1st Floor 16 18 Shamshet Stree, Mumbai, Maharashtra, India – 400002.
Priyesh Labels operates in the apparel and fashion industry, in the textile segment.