Priority Bags

U19115MH2012PTC232201ActivePrivateUnlisted
Last updated: 2026-06-09
30
Compliance Health · F
3 / 9 signals passed

Priority Bags is a Private Indian company incorporated in 2005 and based in Maharashtra, India. Priority Bags operates in Leather (NIC 19115) with authorized capital of —. RegisterKaro's Compliance Health Score for the company is 30/100 (grade F), reflecting a weak compliance posture.

Risk FlagsFinancials not yet extracted · awaiting AOC-4 XBRLDirectors not yet extracted · awaiting MGT-7Health F · 30/100
Revenue (latest FY)
Awaiting extraction
PAT (latest FY)
Awaiting extraction
Open Charges
0
No encumbrances
Active Directors
0
No resignations
Paid-up Capital
Filings on Record
0
All current
Incorporated
2005
21 years old
State
Maharashtra
Sector
Leather
NIC 19115
Class
Private
Sub-category
Authorized Capital
Paid-up Capital
Members
Last AGM
Last Balance Sheet
Latest Filing
Registered Email
Registered Office
Priority BagsTRACXN · PUBLIC DATA
Brand Priority Bags · Legal entity Priority Bags

Priority Bags - Brand of bags & luggage. This company is not active anymore.

Total Funding
Latest Round
Seed
Revenue
Valuation
Funding Rounds
Employees
244
Stage
Deadpooled
HQ
Mumbai
Founded
2005
Source: Tracxn (public profile) · joined to MCA on CIN U19115MH2012PTC232201

Quick facts

Identity · Activity · Auditor · Contact
Registered office
NIC code
19115
Statutory auditor
Awaiting ADT-1 / AOC-4 extraction
Registered email
Section
Leather
ROC
Class · sub-category
Private
Incorporation · Last AGM
·

Directors

From MGT-7 annual returnLocked
VS
Vikram Singh Rathore
Managing Director
7.6y · Pune · DIN 3380027
RK
Rajesh Kumar Sharma
Managing Director
8.5y · Ahmedabad · DIN 8396929
DR
Deepa Reddy
Director
7.3y · New Delhi · DIN 4771609
Get the full board of directors

Directors, DINs & appointment history for Priority Bags.

₹499₹169(excl. taxes)
Buy Financial & Company Filings
What you'll get
  • Incorporation Documents
  • Change in Directors & Designated Partner
  • Board Resolutions
  • Financial Statements & Annual Filings
  • Charge Documents (Summary)

MCA Filings

AOC-4 · MGT-7 historyLocked
FormFYFiledDueDelayStatus
AOC-4FY2024-2530 Oct 202430 Oct 20240dfiled
MGT-7FY2024-2521 Nov 202429 Nov 20240dfiled
AOC-4FY2023-2430 Oct 202330 Oct 20230dfiled
MGT-7FY2023-2420 Nov 202329 Nov 20230dfiled
AOC-4FY2022-2330 Oct 202230 Oct 2022+22dfiled
MGT-7FY2022-2321 Nov 202229 Nov 20220dfiled
Get financial statements & other filing documents

Full MCA filing history for Priority Bags.

₹499₹169(excl. taxes)
Buy Financial & Company Filings
What you'll get
  • Incorporation Documents
  • Change in Directors & Designated Partner
  • Board Resolutions
  • Financial Statements & Annual Filings
  • Charge Documents (Summary)

Charges

Registered charges & encumbrancesLocked
Charge IDHolderAmountCreatedStatus
244548188Axis Bank Ltd(Bank)₹2.67 Cr12 Mar 2021Open
197330102Axis Bank Ltd(Bank)₹12.57 Cr12 Mar 2020Satisfied
976922472Axis Bank Ltd(Bank)₹23.44 Cr12 Mar 2023Open
867968329ICICI Bank Ltd(Bank)₹4.37 Cr19 Sep 2021Satisfied
966569657ICICI Bank Ltd(Bank)₹12.26 Cr04 Jul 2020Open
396927425Kotak Mahindra Bank Ltd(Bank)₹4.95 Cr27 Jan 2020Satisfied
See registered charges & lenders

Charge IDs, lenders & amounts for Priority Bags.

₹499₹169(excl. taxes)
Buy Financial & Company Filings
What you'll get
  • Incorporation Documents
  • Change in Directors & Designated Partner
  • Board Resolutions
  • Financial Statements & Annual Filings
  • Charge Documents (Summary)

Financial Performance

Revenue · PAT · Net worth by FYLocked
FYRevenuePATNet WorthTotal AssetsEmployees
FY2024-25₹40.29 Cr₹1.70 Cr₹33.91 Cr₹53.75 Cr264
FY2023-24₹34.68 Cr₹1.90 Cr₹21.10 Cr₹31.35 Cr73
FY2022-23₹25.37 Cr₹91.77 L₹13.84 Cr₹30.66 Cr216
FY2021-22₹26.38 Cr₹1.40 Cr₹9.38 Cr₹29.31 Cr138
Gain deeper financial insights of this entity

Audited financials & ratios for Priority Bags.

₹999₹249(excl. taxes)
Buy Financial Report
What you'll get
  • Financial Summary & Charts
  • Income Statement, Balance Sheet, Cashflow
  • Profitability, Liquidity & Growth Ratios
  • Audited Financial Statement (AOC-4)

Detailed Financials

Income statement + balance sheetLocked
Line itemFY2024-25FY2023-24FY2022-23FY2021-22
Income statement
Revenue from operations₹40.29 Cr₹34.68 Cr₹25.37 Cr₹26.38 Cr
Other income₹1.52 Cr₹39.64 L₹66.53 L₹26.69 L
Total income₹41.81 Cr₹35.08 Cr₹26.04 Cr₹26.64 Cr
Total expenses₹39.63 Cr₹32.64 Cr₹24.86 Cr₹24.85 Cr
Profit before tax₹2.21 Cr₹2.47 Cr₹1.19 Cr₹1.82 Cr
Profit / (Loss) after tax₹1.70 Cr₹1.90 Cr₹91.77 L₹1.40 Cr
Balance sheet
Equity / Net worth₹33.91 Cr₹21.10 Cr₹13.84 Cr₹9.38 Cr
Borrowings₹4.68 Cr₹5.09 Cr₹3.88 Cr₹10.89 Cr
Current liabilities₹8.96 Cr₹6.09 Cr₹6.15 Cr₹7.98 Cr
Total liabilities₹19.84 Cr₹10.25 Cr₹16.82 Cr₹19.93 Cr
Current assets₹23.77 Cr₹15.43 Cr₹12.75 Cr₹15.06 Cr
Cash & equivalents₹5.12 Cr₹5.46 Cr₹3.96 Cr₹2.27 Cr
Total assets₹53.75 Cr₹31.35 Cr₹30.66 Cr₹29.31 Cr
Employees26473216138
Gain deeper financial insights of this entity

Audited financials & ratios for Priority Bags.

₹999₹249(excl. taxes)
Buy Financial Report
What you'll get
  • Financial Summary & Charts
  • Income Statement, Balance Sheet, Cashflow
  • Profitability, Liquidity & Growth Ratios
  • Audited Financial Statement (AOC-4)

Compounded Annual Growth Rate

Derived from multi-FY filingsLocked
MetricLatest value1Y CAGR3Y CAGR5Y CAGR
Revenue₹40.29 Cr+32.5%+21.5%+8.8%
Profit after Tax₹1.70 Cr+32.2%+6.1%+9.5%
Net Worth₹33.91 Cr+12.6%+27.4%-2.8%
Employees264+1.4%+20.8%-2.9%
Gain deeper financial insights of this entity

Audited financials & ratios for Priority Bags.

₹999₹249(excl. taxes)
Buy Financial Report
What you'll get
  • Financial Summary & Charts
  • Income Statement, Balance Sheet, Cashflow
  • Profitability, Liquidity & Growth Ratios
  • Audited Financial Statement (AOC-4)

Financial Ratios

Profitability · leverage · efficiencyLocked
FYRevenuePATPAT marginRev growthROEROAD/ERev/emp
FY2024-25₹40.29 Cr₹1.70 Cr+4.21%-1.60%+5.00%+3.16%0.14₹15.26 L
FY2023-24₹34.68 Cr₹1.90 Cr+5.48%+38.17%+9.01%+6.07%0.24₹47.51 L
FY2022-23₹25.37 Cr₹91.77 L+3.62%+24.36%+6.63%+2.99%0.28₹11.75 L
FY2021-22₹26.38 Cr₹1.40 Cr+5.30%-14.88%+14.91%+4.77%1.16₹19.11 L
Gain deeper financial insights of this entity

Audited financials & ratios for Priority Bags.

₹999₹249(excl. taxes)
Buy Financial Report
What you'll get
  • Financial Summary & Charts
  • Income Statement, Balance Sheet, Cashflow
  • Profitability, Liquidity & Growth Ratios
  • Audited Financial Statement (AOC-4)

Cap Table & Shareholding

Promoter · institutional · publicLocked
CategoryShareholdersShares held%
Promoters22,63,32,31164.86%
Institutional Investors28,20,4672.02%
Public & Others581,34,44,38333.12%
See the full shareholding pattern

Promoter, institutional & public holding for Priority Bags.

₹499₹169(excl. taxes)
Buy Financial & Company Filings
What you'll get
  • Incorporation Documents
  • Change in Directors & Designated Partner
  • Board Resolutions
  • Financial Statements & Annual Filings
  • Charge Documents (Summary)

Peer Benchmark

227 peersSame sector (Leather) — nationwide
MetricThis companyCohort medianCohort P75Quartile
Revenue (latest FY)
PAT (latest FY)
Employees
Paid-up capital
Compliance Health
63
96
96
Bottom quartile · P1

Top 10 in Leather

by healthView all ›
01
Saroj
Delhi · Inc 1998
Paid-up
Revenue
C · 63
02
Elder Infosystems
Maharashtra · Inc 1996
Paid-up
Revenue
C · 63
03
Paid-up
Revenue
C · 63
04
Alt Carbon
West Bengal · Inc 2023
Paid-up
Revenue
C · 63
05
Yadu Sugar Limited
Delhi · Inc 1998
Paid-up
Revenue
C · 63
06
Paid-up
Revenue
C · 63
07
Leather Hunte
Tamil Nadu · Inc 1999
Paid-up
Revenue
C · 63
08
Maple Accessories
West Bengal · Inc 2007
Paid-up
Revenue
C · 63
09
Nakhralidhani
Delhi · Inc 2015
Paid-up
Revenue
C · 63
10
Amar Brothers
Uttar Pradesh · Inc 2010
Paid-up
Revenue
C · 63

Events & timeline

3Filings, charges, board changes
14 Jun 2012
Tushar appointed as Director
14 Jun 2012
Rashmi appointed as Director
14 Jun 2012
Mulchand appointed as Director

External data sources

7 plannedWhat lands here as ingestion comes online

GSTIN Registrations

Planned
GST portal

Per-state GSTINs + GSTR-1/3B filing cadence + turnover bracket. PAN-keyed scrape.

MSME Payment Delays

Planned
MSME-1 form

Half-yearly disclosure of payments delayed beyond 45 days to MSME suppliers.

Related Party Transactions

Planned
AOC-4 schedule

Counterparty, nature, transaction value. Inter-company loans, sales, royalty.

Credit Ratings

Planned
CRISIL / ICRA / CARE feeds

Long-term + short-term ratings, with rationale on rating actions.

Trademarks

Planned
IP India Trademark Registry

Applied, registered, opposed. Class numbers + status.

Patents

Planned
IP India Patent Registry

Applications and grants. Inventor names + filing dates.

Legal Cases

Planned
eCourts + Indian Kanoon

Ongoing + past litigations the entity is party to.

Each source is wired as a separate ingestion adapter behind the scraper. Live status flips per CIN as records land.

FAQs about Priority Bags

When was Priority Bags incorporated?
Priority Bags was incorporated in 2005. Its CIN is U19115MH2012PTC232201 and it is registered with the relevant Registrar of Companies.
Where is Priority Bags located?
Priority Bags is headquartered in Maharashtra.
What sector does Priority Bags operate in?
Priority Bags operates in the Leather sector (NIC code 19115), classified as Indian Non-Govt Company.
Who are the directors of Priority Bags?
Director details for Priority Bags have not yet been extracted from MGT-7 filings.
What is the paid-up capital of Priority Bags?
Priority Bags has authorized capital of — and paid-up capital of —.
Does Priority Bags have any open charges?
Priority Bags has no open MCA-registered charges on record.
What is Priority Bags's Compliance Health Score?
RegisterKaro's Compliance Health Score for Priority Bags is 30/100 (grade F), based on 9 weighted signals across MCA filings, charges, directors, capital, and overall status. 3 of 9 signals passed.