Punjab Apparel Park Limited
About Punjab Apparel Park Limited
Data last updated:
Punjab Apparel Park Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 31 October 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51311PB2003PLC026500. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹51 Lakh and a paid-up capital of ₹11 Lakh. It is led by directors including Sanjeev Kumar Gupta (Managing Director) and Satish Kumar Bansal (Whole-Time Director).
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 Punjab Trade Centrebulding Opp Manju Cinema Adj Sbi Miller Ganj, Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.47 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹6.28 Lakh (net margin -35.9%) and EBITDA of -₹6.19 Lakh (EBITDA margin -35.4%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 27% over five years.
As per MCA filings, the company has satisfied charges of ₹12 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Punjab Apparel Park has one previous CIN (Corporate Identification Number): L51311PB2003PLC026500. The current CIN is U51311PB2003PLC026500, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51311PB2003PLC026500 | Current |
| L51311PB2003PLC026500 | Previous |
Contact details
Punjab Apparel Park Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPunjab Trade Centrebulding Opp Manju Cinema Adj Sbi Miller Ganj, Ludhiana, Punjab, India – 141003
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Punjab Apparel Park 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 Punjab Apparel Park is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
Financials of Punjab Apparel Park Limited
FY 2024 filings availablePunjab Apparel Park Limited reported revenue of ₹17.47 Lakh (down 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 27% fall 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | -₹6.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.28 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -35.4% | ||||
| Net Profit Margin | -35.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Punjab Apparel Park Limited, buy the company report.
Board of directors of Punjab Apparel Park Limited
Punjab Apparel Park has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajinder Bansal | Director | 01 Nov 2021 | 5 Years 0 Months | Current |
| Sanjeev Kumar Gupta Also directs: Pee Jay Fabrics Private Limited, Kuvam Fashions Private Limited, Apparel Park Extension Hub LLP and 1 more | Managing Director | 31 Oct 2003 | 23 Years 0 Months | Current |
| Satish Kumar Bansal Also directs: Sriyansh Knitters Private Ltd | Whole-Time Director | 31 Oct 2003 | 23 Years 0 Months | Current |
Peer comparison
Punjab Apparel Park Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Apparel, Real Estate Marketing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Maruti Nandan Estates Private Limited | ₹17.58 Lakh (FY 2025) | 5.0% | Kolkata, West Bengal, India | |||
| Advent Infrastructure Private Limited | ₹17.5 Lakh (FY 2024) | 60349.0% | New Delhi, Delhi, India | |||
| Punjab Apparel Park Limitedthis company | ₹17.47 Lakh (FY 2024) | -₹6.28 Lakh | -35.9% | -27.0% | Ludhiana, Punjab, India | |
| De Souza Estate Holdings Private Limited | ₹17.41 Lakh (FY 2025) | 3.0% | Calangute, Goa, India | |||
| Brite Merchants Limited | ₹17.37 Lakh (FY 2021) | -65.0% | Mumbai, Maharashtra, India | |||
| Kma Ventures Private Limited | ₹17.18 Lakh (FY 2024) | 5.0% | Kozhikode, Kerala, India |
To see the full peer comparison of Punjab Apparel Park Limited, buy the company report.
Auditor
Punjab Apparel Park Limited is audited by ASHWANI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHWANI & ASSOCIATES | FY 2023 | 000497N |
Shareholding
The shareholding of Punjab Apparel Park Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Punjab Apparel Park Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2009 | 10164052 | Punjab National Bank | ₹2 Cr | Satisfied | |
| 20 Jul 2004 | 90172937 | Punjab National Bank | ₹10 Cr | Satisfied |
To see the full charge records of Punjab Apparel Park Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Punjab Apparel Park Limited has 6 court cases on record: 1 filed by Punjab Apparel Park, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against Ludhiana Steel Rolling Mills Ltd. and 2 others | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by an individual | Disposed |
| District court, Ludhiana, Punjab | Civil miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by Ms Nagesh Knitwear Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Punjab Apparel Park 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 Punjab Apparel Park Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Punjab Apparel Park 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 Punjab Apparel Park Limited, buy the company report.
Recent activity
Punjab Apparel Park Limited has 17 board changes on record since 2003: 3 appointments and 14 cessations. The latest: Ashwani Kumar Gupta ceased to be Nominee Director on 02 May 2022.
14 earlier events are in the company report.
Frequently asked questions
Punjab Apparel Park is an active public limited company based in Ludhiana, Punjab, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 31 October 2003 (23+ years old) and is registered under CIN U51311PB2003PLC026500.
Punjab Apparel Park has 3 current directors:
- Sanjeev Kumar Gupta - Managing Director
- Satish Kumar Bansal - Whole-Time Director
- Rajinder Bansal - Director
The latest financial statements of Punjab Apparel Park 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 2015 are in the company report.
No. Punjab Apparel Park has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Punjab Apparel Park is U51311PB2003PLC026500. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Punjab Apparel Park has 6 court cases on record: 1 filed by the company and 5 filed against it.
Punjab Apparel Park was incorporated on 31 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Punjab Apparel Park by revenue are Shree Maruti Nandan Estates Private Limited, Advent Infrastructure Private Limited, De Souza Estate Holdings Private Limited, Brite Merchants Limited, Kma Ventures Private Limited, all in the Real Estate industry (Apparel, Real Estate Marketing), with the same principal business activity (real estate activities with own or leased property).
Ashwani Kumar Gupta ceased to be Nominee Director on 02 May 2022. Rajinder Bansal ceased to be Additional Director on 30 Nov 2021. Rajinder Bansal was appointed as Director on 01 Nov 2021. Punjab Apparel Park has 17 board changes on record in total.
The registered office of Punjab Apparel Park is at Punjab Trade Centrebulding Opp Manju Cinema Adj Sbi Miller Ganj, Ludhiana, Punjab, India – 141003.
Punjab Apparel Park operates in the real estate and construction industry, in the real estate marketing and sales segment.
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