Prosperity Fashion Private Limited
About Prosperity Fashion Private Limited
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Prosperity Fashion Private Limited is a private limited company based in Gorakhpur, Uttar Pradesh, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 29 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U18209UP2017PTC098947. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Akhilesh Dubey and Arun Dubey.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at A – 30/2 Surajkund, Gorakhpur, Uttar Pradesh, India – 273001.
As per the financials filed for FY 2020, the company reported a revenue of ₹23.25 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹18,950 (net margin -0.8%) and EBITDA of ₹13,142 (EBITDA margin 0.6%).
As per MCA filings, the company has open charges of ₹10 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Prosperity Fashion Private Limited's registered office is in Gorakhpur, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 30/2 Surajkund, Gorakhpur, Uttar Pradesh, India – 273001
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Prosperity Fashion 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 Prosperity Fashion 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 Prosperity Fashion Private Limited, buy the company report.
Financials of Prosperity Fashion Private Limited
FY 2020 filings availableProsperity Fashion Private Limited reported revenue of ₹23.25 Lakh (down 21% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year. EBITDA fell 59% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹23.25 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹13,142 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹18,950 | ||
| 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 | |||
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| Total Assets | |||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.6% | ||
| Net Profit Margin | -0.8% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
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| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Prosperity Fashion Private Limited, buy the company report.
Board of directors of Prosperity Fashion Private Limited
Prosperity Fashion has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akhilesh Dubey Also directs: Shivendra Fashion Private Limited | Director | 29 Nov 2017 | 8 Years 11 Months | Current |
| Arun Dubey | Director | 29 Nov 2017 | 8 Years 11 Months | Current |
Peer comparison
Prosperity Fashion Private Limited is compared with the 6 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with 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 |
|---|---|---|---|---|---|---|
| Aarohee Trenz Private Limited | ₹23.7 Lakh (FY 2019) | -72.0% | Pune, Maharashtra, India | |||
| Palanhar Complex Private Limited | ₹23.61 Lakh (FY 2023) | -80.0% | Kolkata, West Bengal, India | |||
| Korr-Wett Remedies Pvt Ltd | ₹23.41 Lakh (FY 2024) | -37.0% | Haryana, India | |||
| Prosperity Fashion Private Limitedthis company | ₹23.25 Lakh (FY 2020) | -₹18,950 | -0.8% | -21.0% | Gorakhpur, Uttar Pradesh, India | |
| Sumangal Collection Private Limited | ₹23.22 Lakh (FY 2023) | 21.0% | Kolkata, West Bengal, India | |||
| Shailja Retail Private Limited | ₹23.2 Lakh (FY 2024) | Kolkata, West Bengal, India | ||||
| Euro Securities & Syndication (Banque) Ltd. | ₹23.16 Lakh (FY 2017) | 7.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Prosperity Fashion Private Limited, buy the company report.
Auditor
Prosperity Fashion Private Limited is audited by ABBASI & COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABBASI & COMPANY | FY 2019 | 024243C |
Shareholding
The shareholding of Prosperity Fashion Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Prosperity Fashion Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2019 | 100252579 | Others | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Prosperity Fashion Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prosperity Fashion Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prosperity Fashion has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Prosperity Fashion Private Limited, buy the company report.
Recent activity
Prosperity Fashion Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Akhilesh Dubey was appointed as Director on 29 Nov 2017.
Frequently asked questions
Prosperity Fashion is an active private limited company based in Gorakhpur, Uttar Pradesh, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 29 November 2017 (9+ years old) and is registered under CIN U18209UP2017PTC098947.
Prosperity Fashion has 2 current directors:
- Akhilesh Dubey - Director
- Arun Dubey - Director
The latest financial statements of Prosperity Fashion on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2018 are in the company report.
No. Prosperity Fashion has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Prosperity Fashion is U18209UP2017PTC098947. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prosperity Fashion was incorporated on 29 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Prosperity Fashion by revenue are Aarohee Trenz Private Limited, Palanhar Complex Private Limited, Korr-Wett Remedies Pvt Ltd, Sumangal Collection Private Limited, Shailja Retail Private Limited and 1 more, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading).
Akhilesh Dubey was appointed as Director on 29 Nov 2017. Arun Dubey was appointed as Director on 29 Nov 2017.
The registered office of Prosperity Fashion is at A – 302 Surajkund, Gorakhpur, Uttar Pradesh, India – 273001.
Prosperity Fashion operates in the fashion and textile industry, in the fashion retail segment.
Prosperity Fashion has open charges of ₹10 Lakh and no satisfied charges on record as per latest MCA filings.
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