Procraft Apparels Private Limited
About Procraft Apparels Private Limited
Data last updated:
Procraft Apparels Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 12 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18109KA2013PTC069645. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors including Purushotham Pandurangan and Chelle Rajkumar Swami.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 406 Manjunatha Nagar Near Raghavendra Circle Punyabhoomi Main Road Rammurthy Nagar, Bangalore, Karnataka, India – 560016.
As per the financials filed for FY 2017, the company reported a revenue of ₹7.06 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹25.33 Lakh (net margin -358.9%) and EBITDA of ₹2.3 Lakh (EBITDA margin 32.5%).
As per MCA filings, the company has open charges of ₹1 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered Address406 Manjunatha Nagar Near Raghavendra Circle Punyabhoomi Main Road Rammurthy Nagar, Bangalore, Karnataka, India – 560016
- IndustryManufacturing, Textile & Fabric Production
- 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 Procraft Apparels Private Limited
The main business activity of Procraft Apparels is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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.
Financials of Procraft Apparels Private Limited FY 2017 filings available
Procraft Apparels Private Limited reported revenue of ₹7.06 Lakh (down 94% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Procraft Apparels Private Limited
Revenue fell 94% in the latest year. EBITDA rose 106% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Procraft Apparels Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹7.06 Lakh | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹2.3 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹25.33 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 of Procraft Apparels Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 32.5% | •••• | •••• |
| Net Profit Margin | -358.9% | •••• | •••• |
| 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 Procraft Apparels are in the company report.
Financial statements from 2015
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.
Peer Comparison of Procraft Apparels Private Limited
Procraft Apparels Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (HR Outsourcing, Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Liveware People (OPC) Private Limited | ₹7.08 Lakh (FY 2021) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Delhi Fabric Creation Private Limited | ₹7.07 Lakh (FY 2025) | •••• | •••• | 166.0% | •••• | Delhi, India |
| Outperform Workforce Management Private Limited | ₹7.06 Lakh (FY 2025) | •••• | •••• | -55.0% | •••• | Bangalore, Karnataka, India |
| NCC Santosh Fibers Private Limited | ₹7.06 Lakh (FY 2025) | •••• | •••• | 94.0% | •••• | Aurangabad, Maharashtra, India |
| Speed Textiles India Private Limited | ₹7.06 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
| Procraft Apparels Private Limited this company | ₹7.06 Lakh (FY 2017) | •••• | •••• | -94.0% | •••• | Bangalore, Karnataka, India |
| Perfict Global (India) Private Limited | ₹7.05 Lakh (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Stigan Staffing Solutions Private Limited | ₹7.05 Lakh (FY 2022) | •••• | •••• | 69.0% | •••• | New Delhi, Delhi, India |
| Fortuner Con-Serve Private Limited | ₹7.05 Lakh (FY 2018) | •••• | •••• | -90.0% | •••• | Bhatapara, Chhattisgarh, India |
| Eshcol Global Services Private Limited | ₹7.04 Lakh (FY 2024) | •••• | •••• | 31.0% | •••• | Chennai, Tamil Nadu, India |
| Bajrang Fashions Private Limited | ₹7.04 Lakh (FY 2025) | •••• | •••• | -9.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Procraft Apparels by revenue in the Outsourcing industry (HR Outsourcing, Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Procraft Apparels Private Limited
Procraft Apparels Private Limited is audited by VARUN S. & CO. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VARUN S. & CO. | 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
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Board of Directors of Procraft Apparels Private Limited
Procraft Apparels has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Purushotham Pandurangan Also directs: Systems Elmech Solutions Private Limited | Director | 12 Jun 2013 | 13 Years 3 Months | Current |
| Prashanthsagar Vidyasagar | Additional Director | 01 Jul 2016 | 10 Years 3 Months | Current |
| Chelle Rajkumar Swami | Director | 12 Jun 2013 | 13 Years 3 Months | Current |
Ownership and Shareholding of Procraft Apparels 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 Procraft Apparels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Apr 2014 | Punjab & Sind Bank | ₹1 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Procraft Apparels Private Limited
Procraft Apparels Private Limited has a workforce of 0 employees as of Mar 31, 2024.
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.
Recent Activity on Procraft Apparels Private Limited
Procraft Apparels Private Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Lisha Kanampuram Abraham ceased to be Director on 01 Jul 2016.
Credit Ratings, Litigation & Regulatory Alerts for Procraft Apparels 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 Procraft Apparels 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 Procraft Apparels 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.
GST Compliance of Procraft Apparels Private Limited
Procraft Apparels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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.
MCA Filings & Documents of Procraft Apparels 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.
Frequently Asked Questions about Procraft Apparels Private Limited
Procraft Apparels is an active private limited company based in Bangalore, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 12 June 2013 (13+ years old) and is registered under CIN U18109KA2013PTC069645.
Procraft Apparels reported revenue of ₹7.06 Lakh for FY 2017 (down 94% YoY).
Procraft Apparels has 3 current directors:
- Purushotham Pandurangan - Director
- Prashanthsagar Vidyasagar - Additional Director
- Chelle Rajkumar Swami - Director
Procraft Apparels reported a net loss of ₹25.33 Lakh (net margin -358.9%) and EBITDA of ₹2.3 Lakh (EBITDA margin 32.5%) for FY 2017, as per its filed financial statements.
No. Procraft Apparels has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Procraft Apparels is U18109KA2013PTC069645. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Procraft Apparels was incorporated on 12 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Procraft Apparels by revenue are Liveware People (OPC) Private Limited, Delhi Fabric Creation Private Limited, Outperform Workforce Management Private Limited, NCC Santosh Fibers Private Limited, Speed Textiles India Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing, Textiles).
Lisha Kanampuram Abraham ceased to be Director on 01 Jul 2016. Prashanthsagar Vidyasagar was appointed as Additional Director on 01 Jul 2016. Mandepanda Calappa Cootaiah ceased to be Director on 31 Dec 2015. Procraft Apparels has 5 board changes on record in total.
The registered office of Procraft Apparels is at 406 Manjunatha Nagar Near Raghavendra Circle Punyabhoomi Main Road Rammurthy Nagar, Bangalore, Karnataka, India – 560016.
Procraft Apparels has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh.