PRADIP OVERSEAS LIMITED

Last Updated on ' Tue Feb 09 00:00:00 IST 2021 '
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Description
India is known for its cultural diversity and textiles be it muslin, silks, satin and cottons which are valued world over. In the same spirit Pradip was established in 1980 with local production after getting the success in local market the company moved forward to become a leading exporter in the country. The Board of Directors foreseeing the recession in composite sector took a decision of modernizing process house to set standards of excellence in the textile industry. Looking to the great potential in the textile market the company started its own process house in the year 2003. The textile processing covers variety of products which enjoyed excellent reputation amongst its clients in various countries all over the world. After getting tremendous response in the processing sector company management approach the government in putting weaving plant by which consistency of quality could be achieved. Further continuing this process one more process house is under construction, thus a total commitment to Modernization. The company achieved a great success in a very short spell to leading garment and Made-ups exporters. As Curtains and walls between nations collapse Pradips world comes closer. And the market grows bigger. The Corporate vision sensed the trend and prepared it self to compete by strategic investments in putting Wider Width Processing plant, Grey dyeing, printing and finish width upto 130. The Company has its own stitching unit equipped with latest Japanese machines with the capacity to stitch / deliver 3,00,000 Sets a month.
Sector
Electronic Manufacturing
Sub Sector
Textiles
Company Type
Listed
Type
Manufacturing
Employees
-
Register Address
104,105,106,CHANCHARWADI VASNA,OPP. ZYDUS CADILA SARKHEJ BAVLA HIGH WAY, TAL. SANAND AHMEDABAD GJ 382213 IN
Website
www.pradipoverseas.co
Key Products/Services
Home textile articles from 100 Cotton Sheeting, Flannel, Polyester Cotton and 100 Polyester Satin, Jacquard, Stripes, from 150Thread Count to 1000 Thread Count. Quilts, Curtains, Cushions, Towels and many more articles. POL is very well equipped with High Thread count with the latest technology and machine will give some leverage to the product.
Key Resources/Assets
Improved Uniformity and Efficiency High Productivity speeds up to 200 mpm. Process versatility for all types & weights of fabrics. Quality and Reliability Open Width Washing Machines
Stressed Asset Details Expand All 
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USD 0
Stressed Asset Related Documents
ed20c1cde2c359967c9dd08c324d5a4a.pdf
Financial Information Documents
No Document found
Year Revenue (in INR Crores) Net Income (in INR Crores) Liabilities (in INR Crores) Fixed & Current Assets (in INR Crores) Current Ratio Quick Ratio RoE RoA EBITDA Margin PAT Margin
2015 30.69 mn 0 151.85 mn 17.06 mn 1.89 1.22 1.19 0.0 0.0 0.0
2016 31.98 mn 0 83.77 mn 16.63 mn 1.3 1.0 0.45 0.0 0.0 0.0
2017 20.56 mn 0 43.66 mn 14.83 mn 0.92 0.67 0.24 0.0 0.0 0.0
Stressed Assets Timeline Mon Nov 09 00:00:00 IST 2020
Defined Date Without Date

Commencement of CIRP

Mon Nov 09 00:00:00 IST 2020Mon Nov 09 00:00:00 IST 2020
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Public Announcement by Resolution Professional

Tue Nov 10 00:00:00 IST 2020Tue Nov 10 00:00:00 IST 2020
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Claim submission

Sun Nov 22 00:00:00 IST 2020Sun Nov 22 00:00:00 IST 2020
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Invitation for Expression of Interest

Sat Jan 23 00:00:00 IST 2021Sat Jan 23 00:00:00 IST 2021
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Submission of Expression of Interest

Mon Feb 08 00:00:00 IST 2021Mon Feb 08 00:00:00 IST 2021
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Submission of Resolution Plan

Fri Feb 19 00:00:00 IST 2021Fri Feb 19 00:00:00 IST 2021
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Committee of Creditors Approval

Sat Mar 20 00:00:00 IST 2021Sat Mar 20 00:00:00 IST 2021
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Submission of Resolution Plan to NCLT

Fri Apr 23 00:00:00 IST 2021Fri Apr 23 00:00:00 IST 2021
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Approval of Resolution Plan by NCLT

Sat May 08 00:00:00 IST 2021Sat May 08 00:00:00 IST 2021
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