Prolise Enterprises Limited
About Prolise Enterprises Limited
Data last updated:
Prolise Enterprises Limited is a public limited company based in Borivlai East, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 30 September 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH1999PLC122012. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.6 Cr. It was formerly known as Citizen Exports India Private Limited and Prolise Enterprises Private Limited. It is led by directors including Preeti Laxminarayan Badetia and Pappu Lal Kumawat.
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 Near Suashish IT Park, Borivlai East, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹12.35 Lakh. For the same year it recorded a net loss of ₹6.17 Lakh (net margin -49.9%) and EBITDA of -₹1.59 Lakh (EBITDA margin -12.8%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 55% over five years.
As per MCA filings, the company has satisfied charges of ₹4.75 Cr on record. Court records list 4 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressGala No.6 Neha Industrial Estate, Near Suashish IT Park Dattapada Road, Borivlai East, Maharashtra, India – 400066
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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
Financials of Prolise Enterprises Limited FY 2024 filings available
Prolise Enterprises Limited reported revenue of ₹12.35 Lakh for FY 2022.
Compounded Annual Growth Rate (CAGR) of Prolise Enterprises Limited
Revenue has declined at a compounded annual rate (CAGR) of 55% over five years. 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 Prolise Enterprises Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹12.35 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.59 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.17 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 Prolise Enterprises Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -49.9% | •••• | •••• | •••• | •••• |
| 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 Prolise Enterprises 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.
Auditor Details of Prolise Enterprises Limited
Prolise Enterprises Limited is audited by JPMK AND COMPANY for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JPMK AND COMPANY | 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 Prolise Enterprises Limited
Prolise Enterprises has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Preeti Laxminarayan Badetia Also directs: Haytex Creations Private Limited, Avaan Exim Private Limited, Richemount Apparels Private Limited and 2 more | Director | 10 Aug 2024 | 2 Years 1 Months | Current |
| Pappu Lal Kumawat Also directs: DLK International Limited | Director | 15 Dec 2022 | 3 Years 9 Months | Current |
| Pawan Purushottam Badetia Also directs: Haytex Creations Private Limited, Avaan Exim Private Limited, Richemount Apparels Private Limited and 5 more | Director | 29 Jul 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of Prolise Enterprises 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 Prolise Enterprises Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Nov 2013 | Bank of India | ₹4.75 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Prolise Enterprises Limited
Prolise Enterprises Limited has 4 court cases on record: 2 filed against it, 2 where it is another party. All cases are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sangli, Maharashtra | Civil suit | Filed against the company by Packcraft India Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Company is another party | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Bank of India | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Company is another party | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Prolise Enterprises Limited
Employment history and EPFO contributions of people linked to Prolise Enterprises.
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.
Name History of Prolise Enterprises Limited
Prolise Enterprises has undergone 2 name changes throughout its history. The company was previously known as Citizen Exports India Private Limited, and Prolise Enterprises Private Limited. The current legal name is Prolise Enterprises Limited.
| Company Name | Status |
|---|---|
| Prolise Enterprises Limited | Current |
| Citizen Exports India Private Limited | Previous |
| Prolise Enterprises Private Limited | Previous |
CIN History of Prolise Enterprises Limited
Prolise Enterprises has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74900MH1999PLC122012, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900MH1999PLC122012 | Current |
| U74900MH1999PTC122012 | Previous |
| U51311MH1999PTC122012 | Previous |
Recent Activity on Prolise Enterprises Limited
Prolise Enterprises Limited has 15 board changes on record since 2010: 3 appointments and 12 cessations. The latest: Nitish Kumar ceased to be Director on 10 Aug 2024.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Prolise Enterprises 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 Prolise Enterprises 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 Prolise Enterprises 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 Prolise Enterprises Limited
Prolise Enterprises 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 Prolise Enterprises 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 Prolise Enterprises Limited
Prolise Enterprises is an active public limited company based in Borivlai East, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 30 September 1999 (27+ years old) and is registered under CIN U74900MH1999PLC122012.
Prolise Enterprises reported revenue of ₹12.35 Lakh for FY 2022.
Prolise Enterprises has 3 current directors:
- Preeti Laxminarayan Badetia - Director
- Pappu Lal Kumawat - Director
- Pawan Purushottam Badetia - Director
Prolise Enterprises reported a net loss of ₹6.17 Lakh (net margin -49.9%) and EBITDA of -₹1.59 Lakh (EBITDA margin -12.8%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prolise Enterprises is -61% over three years and -55% over five years. CAGR is the steady yearly rate that links the first and the last year.
No. Prolise Enterprises has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Prolise Enterprises is U74900MH1999PLC122012. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prolise Enterprises has 4 court cases on record: 2 filed against it.
Prolise Enterprises was incorporated on 30 September 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Nitish Kumar ceased to be Director on 10 Aug 2024. Preeti Laxminarayan Badetia was appointed as Director on 10 Aug 2024. Mohammed Khaled Ali ceased to be Director on 15 Dec 2022. Prolise Enterprises has 15 board changes on record in total.