Provincial Retail Private Limited
About Provincial Retail Private Limited
Data last updated:
Provincial Retail Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 02 March 2022.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U52100MH2022PTC377763. Its GSTIN is 27AAMCP7124R1ZL (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.95 Cr. It was formerly known as Provincial Vehicles Private Limited. It is led by directors including Rupali Ashish Kale and Ashish Harshraj Kale.
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 Provincial Automobile Co Ltd Badri Mahal Kingsway Railway Station Road, Nagpur, Maharashtra, India – 440001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.05 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹51.52 Lakh (net margin -49.1%) and EBITDA of -₹35.17 Lakh (EBITDA margin -33.5%).
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.7 Cr on record.
Company details
CIN history
Provincial Retail has one previous CIN (Corporate Identification Number): U34300MH2022PTC377763. The current CIN is U52100MH2022PTC377763, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100MH2022PTC377763 | Current |
| U34300MH2022PTC377763 | Previous |
Contact details
Provincial Retail Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressProvincial Automobile Co Ltd Badri Mahal Kingsway Railway Station Road, Nagpur, Maharashtra, India – 440001
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Provincial Retail 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 Provincial Retail 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 Provincial Retail Private Limited, buy the company report.
Financials of Provincial Retail Private Limited
FY 2024 filings availableProvincial Retail Private Limited reported revenue of ₹1.05 Cr (up 16555% YoY) for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
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| Depreciation and Amortisation | |||
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| Total Expenses | |||
| EBITDA | -₹35.17 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹51.52 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
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| Trade Payables | |||
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| Inventories | |||
| Trade Receivables | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -33.5% | ||
| Net Profit Margin | -49.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Receivable Days | |||
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| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Provincial Retail Private Limited, buy the company report.
Board of directors of Provincial Retail Private Limited
Provincial Retail has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rupali Ashish Kale Also directs: Provincial Carmart LLP, Provincial Cars LLP, Provincial Automobile Company Private Limited and 4 more | Director | 02 Mar 2022 | 4 Years 8 Months | Current |
| Ashish Harshraj Kale | Director | 02 Mar 2022 | 4 Years 8 Months | Current |
| Sarika Ashish Kale Also directs: Provincial Foundation | Director | 06 Dec 2024 | 1 Years 10 Months | Current |
| Shivraj Ashish Kale Also directs: Provincial Foundation | Director | 06 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Provincial Retail Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jack Royal Private Limited | ₹1.06 Cr (FY 2019) | 103.0% | Bangalore, Karnataka, India | |||
| Kairos Multimedia Private Limited | ₹1.05 Cr (FY 2024) | 6.0% | New Delhi, Delhi, India | |||
| Provincial Retail Private Limitedthis company | ₹1.05 Cr (FY 2024) | -₹51.52 Lakh | -49.1% | 16555.0% | Nagpur, Maharashtra, India | |
| Witco (India) Private Limited | ₹1.05 Cr (FY 2021) | -89.0% | Chennai, Tamil Nadu, India | |||
| Sameday Retails Limited | ₹1.04 Cr (FY 2024) | 195.0% | Kanpur Nagar, Uttar Pradesh, India |
To see the full peer comparison of Provincial Retail Private Limited, buy the company report.
Auditor
Provincial Retail Private Limited is audited by S D PARANJPE & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S D PARANJPE & CO. | FY 2023 | 108966W |
Shareholding
The shareholding of Provincial Retail Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Provincial Retail Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2025 | 101221997 | Others | ₹7.7 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Provincial Retail 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 Provincial Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Provincial Retail has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCP7124R1ZL | Maharashtra | Active | 23 Mar 2023 |
To see the full GST registrations and return filing status of Provincial Retail Private Limited, buy the company report.
Recent activity
Provincial Retail Private Limited has 6 board changes on record since 2022: 5 appointments and 1 cessation. The latest: Sushama Harsharaj Kale ceased to be Director on 19 Jun 2025.
Frequently asked questions
Provincial Retail is an active private limited company based in Nagpur, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 02 March 2022 (4+ years old) and is registered under CIN U52100MH2022PTC377763.
Provincial Retail has 4 current directors:
- Rupali Ashish Kale - Director
- Ashish Harshraj Kale - Director
- Sarika Ashish Kale - Director
- Shivraj Ashish Kale - Director
The latest financial statements of Provincial Retail 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 FY 2022 are in the company report.
The GSTIN of Provincial Retail is 27AAMCP7124R1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Provincial Retail is U52100MH2022PTC377763. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Provincial Retail was incorporated on 02 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Provincial Retail by revenue are Jack Royal Private Limited, Kairos Multimedia Private Limited, Witco (India) Private Limited, Sameday Retails Limited, all in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (retail trading).
Sushama Harsharaj Kale ceased to be Director on 19 Jun 2025. Sarika Ashish Kale was appointed as Director on 06 Dec 2024. Shivraj Ashish Kale was appointed as Director on 06 Dec 2024. Provincial Retail has 6 board changes on record in total.
The registered office of Provincial Retail is at Provincial Automobile Co Ltd Badri Mahal Kingsway Railway Station Road, Nagpur, Maharashtra, India – 440001.
Provincial Retail operates in the home and lifestyle industry, in the textile retail and distribution segment.
Provincial Retail has open charges of ₹7.7 Cr and no satisfied charges on record as per latest MCA filings.
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