PSL Tex-Styles Private Limited
About PSL Tex-Styles Private Limited
Data last updated:
PSL Tex-Styles Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 28 August 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1990PTC057914. Its GSTIN is 24AAACS8638K1Z1 (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹61.53 Lakh. It was formerly known as Starwin Polyesters Private Limited. It is led by directors including Dineshchandra Chogalalji Dave and Pravin Chhogalal Dave.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 124 Narottamwdadi2Nd Flr 381/E Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.6 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹13.68 Lakh (net margin -3.8%) and EBITDA of -₹1.86 Lakh (EBITDA margin -0.5%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.
The company has about 34 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹3.27 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
PSL Tex-Styles Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address124 Narottamwdadi2Nd Flr 381/E Kalbadevi Road, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of PSL Tex-Styles 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 PSL Tex-Styles is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of PSL Tex-Styles Private Limited, buy the company report.
Financials of PSL Tex-Styles Private Limited
FY 2025 filings availablePSL Tex-Styles Private Limited reported revenue of ₹3.6 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 5% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.86 Lakh | ||||
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| Net Profit (PAT) | -₹13.68 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -0.5% | ||||
| Net Profit Margin | -3.8% | ||||
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To see the full financial statements and ratios of PSL Tex-Styles Private Limited, buy the company report.
Board of directors of PSL Tex-Styles Private Limited
PSL Tex-Styles has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dineshchandra Chogalalji Dave | Director | 28 Aug 1990 | 36 Years 1 Months | Current |
| Pravin Chhogalal Dave Also directs: Axon Global Private Limited | Director | 28 Aug 1990 | 36 Years 1 Months | Current |
| Keshav Chhogalal Dave Also directs: Starwin Textile Mills Private Limited | Director | 28 Aug 1990 | 36 Years 1 Months | Current |
Auditor
PSL Tex-Styles Private Limited is audited by CHIRAG VARAIYA AND CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHIRAG VARAIYA AND CO. | FY 2022 | 128138W |
Shareholding
The shareholding of PSL Tex-Styles Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of PSL Tex-Styles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jan 2013 | 10409923 | Union Bank of India | ₹60 Lakh | Satisfied | |
| 15 May 2008 | 10112406 | Union Bank of India | ₹56.5 Lakh | Satisfied | |
| 16 Aug 2005 | 90354808 | Others | ₹1.5 Cr | Satisfied | |
| 10 Aug 2005 | 90354807 | Union Bank of India | ₹25 Lakh | Satisfied | |
| 30 Mar 2002 | 80046520 | Union Bank of India | ₹15 Lakh | Satisfied |
To see the full charge records of PSL Tex-Styles Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
PSL Tex-Styles Private Limited has 4 court cases on record: 4 filed by PSL Tex-Styles. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 2 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Union of India and 7 others | Pending |
| Bombay High Court | Writ petition | Filed by the company against Union of India Through the Principal Commissioner and Ex-Officio and 3 Ors. | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Union of India and 4 Ors. | Disposed |
To see the full case history of PSL Tex-Styles 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 PSL Tex-Styles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
PSL Tex-Styles Private Limited has a workforce of 34 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
PSL Tex-Styles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACS8638K1Z1 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of PSL Tex-Styles Private Limited, buy the company report.
Recent activity
PSL Tex-Styles Private Limited has 3 board changes on record since 1990: 3 appointments. The latest: Dineshchandra Chogalalji Dave was appointed as Director on 28 Aug 1990.
10 earlier events are in the company report.
Frequently asked questions
PSL Tex-Styles is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 28 August 1990 (36+ years old) and is registered under CIN U17120MH1990PTC057914.
PSL Tex-Styles has 3 current directors:
- Dineshchandra Chogalalji Dave - Director
- Pravin Chhogalal Dave - Director
- Keshav Chhogalal Dave - Director
The latest financial statements of PSL Tex-Styles on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of PSL Tex-Styles is 24AAACS8638K1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of PSL Tex-Styles is U17120MH1990PTC057914. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PSL Tex-Styles has 4 court cases on record: 4 filed by the company. 2 are pending.
PSL Tex-Styles was incorporated on 28 August 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
Dineshchandra Chogalalji Dave was appointed as Director on 28 Aug 1990. Keshav Chhogalal Dave was appointed as Director on 28 Aug 1990. Pravin Chhogalal Dave was appointed as Director on 28 Aug 1990.
The registered office of PSL Tex-Styles is at 124 Narottamwdadi2Nd Flr 381E Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
PSL Tex-Styles operates in the manufacturing industry, in the textile and fabric production segment.