Punnu Synthetics Private Limited
About Punnu Synthetics Private Limited
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Punnu Synthetics Private Limited is a private limited company based in Amritsar, Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 22 March 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17309PB2001PTC024290. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.87 Cr. It is led by directors Ramneek Mahajan (Managing Director) and Amit Mahajan.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Gali Murgikhaana Batala Road, Amritsar, Punjab, India – 143001.
As per the financials filed for FY 2016, the company reported a revenue of ₹49.5 Cr. For the same year it recorded a net profit of ₹1.81 Lakh (net margin 0%) and EBITDA of ₹1.58 Cr (EBITDA margin 3.2%).
As per MCA filings, the company has open charges of ₹18.7 Cr and satisfied charges of ₹7.08 Cr on record. Court records list 64 cases involving the company, including 45 filed by the company and 19 filed against it; 7 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Punnu Synthetics Private Limited's registered office is in Amritsar, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGali Murgikhaana Batala Road, Amritsar, Punjab, India – 143001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Punnu Synthetics 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 Punnu Synthetics is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Punnu Synthetics Private Limited, buy the company report.
Financials of Punnu Synthetics Private Limited
FY 2016 filings availablePunnu Synthetics Private Limited reported revenue of ₹49.5 Cr for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹49.5 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.58 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.81 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 3.2% | |
| Net Profit Margin | 0% | |
| 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 | ||
To see the full financial statements and ratios of Punnu Synthetics Private Limited, buy the company report.
Board of directors of Punnu Synthetics Private Limited
Punnu Synthetics has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramneek Mahajan | Managing Director | 22 Mar 2001 | 25 Years 7 Months | Current |
| Amit Mahajan | Director | 22 Mar 2001 | 25 Years 7 Months | Current |
Peer comparison
Punnu Synthetics Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Meridian Clothing Company Private Limited | ₹49.55 Cr (FY 2024) | -20.0% | Mumbai, Maharashtra, India | |||
| HK Texfab Private Limited | ₹49.54 Cr (FY 2025) | -11.0% | Ludhiana, Punjab, India | |||
| Sreeja Hosieries Private Limited | ₹49.54 Cr (FY 2025) | 28.0% | Tirupur, Tamil Nadu, India | |||
| Sree Rajasekar Spinning Mills Private Limited | ₹49.53 Cr (FY 2025) | -10.0% | Rajapalayam, Tamil Nadu, India | |||
| RK Weaves India Private Limited | ₹49.52 Cr (FY 2025) | 1.0% | Pallipalayam, Tamil Nadu, India | |||
| Punnu Synthetics Private Limitedthis company | ₹49.5 Cr (FY 2016) | ₹1.81 Lakh | 0% | Amritsar, Punjab, India | ||
| Sahil International Private Limited | ₹49.41 Cr (FY 2018) | -4.0% | Ludhiana, Punjab, India | |||
| Manicot Fab Private Limited | ₹49.39 Cr (FY 2024) | -2.0% | Erode, Tamil Nadu, India | |||
| Oriental Dyeing and Printing Mills Private Limited | ₹49.37 Cr (FY 2025) | 0.0% | Surat, Gujarat, India |
To see the full peer comparison of Punnu Synthetics Private Limited, buy the company report.
Auditor
Punnu Synthetics Private Limited is audited by GAURAV GUPTA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAURAV GUPTA & CO | FY 2016 | 021732N |
Shareholding
The shareholding of Punnu Synthetics Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Punnu Synthetics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Oct 2013 | 10458482 | Punjab & Sind Bank | ₹95 Lakh | Open | |
| 05 Oct 2013 | 10458471 | Punjab & Sind Bank | ₹95 Lakh | Open | |
| 26 Sep 2013 | 10454881 | Punjab & Sind Bank | ₹8.8 Cr | Open | |
| 21 Dec 2012 | 10394465 | Bank of Baroda | ₹8 Cr | Open | |
| 28 Sep 2007 | 10071903 | State Bank of India | ₹6.25 Cr | Satisfied |
To see the full charge records of Punnu Synthetics Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Punnu Synthetics Private Limited has 64 court cases on record: 45 filed by Punnu Synthetics, 19 filed against it. 7 cases are pending and 57 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 52 | 18 | 6 |
| High courts | 11 | 1 | 0 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 64)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Coimbatore, Tamil Nadu | Criminal case | Filed against the company by K.G.Fabriks Ltd Rep.By Subbaiah | Pending |
| District court, Coimbatore, Tamil Nadu | Criminal complaint | Filed against the company by M/S K.G.Fabriks Ltd Rep.By A.Sukumar | Disposed |
| District court, Amritsar, Punjab | Cheque dishonour complaint | Filed against the company by Ms K.G. Fabriks Ltd. | Disposed |
| Supreme Court | Petition | Filed by the company against Mr. K.G. Fabriks Limited | Pending |
| District court, Coimbatore, Tamil Nadu | Criminal case | Filed against the company by K.G.Fabriks Ltd Rep.By A.Sukumar | Pending |
To see the full case history of Punnu Synthetics 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 Punnu Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Punnu Synthetics 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 Punnu Synthetics Private Limited, buy the company report.
Recent activity
Punnu Synthetics Private Limited has 4 board changes on record since 2001: 2 appointments and 2 cessations. The latest: Ramneek Mahajan ceased to be Managing Director on 30 May 2017.
9 earlier events are in the company report.
Frequently asked questions
Punnu Synthetics is an active private limited company based in Amritsar, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 22 March 2001 (25+ years old) and is registered under CIN U17309PB2001PTC024290.
Punnu Synthetics has 2 current directors:
- Ramneek Mahajan - Managing Director
- Amit Mahajan - Director
The latest financial statements of Punnu Synthetics on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Punnu Synthetics has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Punnu Synthetics is U17309PB2001PTC024290. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Punnu Synthetics has 64 court cases on record: 45 filed by the company and 19 filed against it. 7 are pending. Most are in the district courts.
Punnu Synthetics was incorporated on 22 March 2001, making it 25+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Punnu Synthetics by revenue are Meridian Clothing Company Private Limited, HK Texfab Private Limited, Sreeja Hosieries Private Limited, Sree Rajasekar Spinning Mills Private Limited, RK Weaves India Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Ramneek Mahajan ceased to be Managing Director on 30 May 2017. Karan Langer ceased to be Director on 31 Mar 2014. Amit Mahajan was appointed as Director on 22 Mar 2001. Punnu Synthetics has 4 board changes on record in total.
The registered office of Punnu Synthetics is at Gali Murgikhaana Batala Road, Amritsar, Punjab, India – 143001.
Punnu Synthetics operates in the manufacturing industry, in the textile and fabric production segment.