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Priti International Ltd.

Priti International

NSE

0.00

0.00 (0.00)%

Manufacturing

Small-cap

With a market cap of ₹18.90L Cr.

Moderate Volatility
Stock is 1.13x as volatile as index
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Subsidiaries

No Data Available

No Subsidiaries Data available

Management

1. Goverdhan Das Lohiya
Chairman
2. Priti Lohiya
Managing Director
3. Ritesh Lohiya
Executive Director & Chief Financial Officer
4. Leela Lohiya
Non Executive Woman Director
5. Mahak Singhvi
Lead Independent Director
6. Deepak Tak
Non Executive Independent Director
7. Sag Ram
Non Executive Independent Director
8. Tamanna Kumari
Non Executive Independent Woman Director
9. Rashi Shrimal
Company Secretary & Compliance Officer
10. Sanjay Kumar
Non Executive Independent Director
11. Yogendra Chhangani
Non Executive Independent Director

Contact Information

Company Address

Plot No. F - 43, Basni, 1st Phase
Jodhpur, Rajasthan - 342001
www.pritihome.com
g.d.lohiya@gmail.com

Registrar

Bigshare Services Pvt Ltd
Office No S6-2, 6th Floor, Pinnacle Business Park,ext to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai - 400093(old address - Bharat Tin Works building, 1st floor, Opp. Vasant Oasis, Andheri East Mumbai - 400 059Tel: + 91 21 626 38200Fax:
Phone: 91-022-62638200
Email: Investor@bigshareonline.com
Website:

Company Profile

The company was originally incorporated as ‘Priti International Limited’ at Jodhpur, Rajasthan as a Public Limited Company under the provision of Companies Act, 2013 vide Certificate of Incorporation dated June 30, 2017 issued by the Registrar of Companies, Rajasthan. The company acquired the business of Proprietorship Concern of their Promoter Priti Lohiya viz. Priti International through Business Succession Agreement dated November 11, 2017. Consequently, Business of this proprietorship firm was merged into Priti International Limited.

The company is promoted by Goverdhan Das Lohiya, Priti Lohiya, Ritesh Lohiya, Goverdhan Das Lohiya HUF and Ritesh Lohiya HUF. Their promoter, Priti  Lohiya  commenced the business of  handicraft  products in the name and style Priti International, a proprietary concern in year 2002 at facilities  located at Basni and Boranada in Jodhpur, Rajasthan. Their promoters play an active role in the day to day affairs of the company.

Business area of the company:

They are primarily engaged in manufacturing and exporting of Handicraft Products. They also deal in manufacturing of wooden, metal and textile based furniture and handicrafts products, upcycling and recycling of various kinds of raw, unusable and waste metal and wooden articles. Their products range from solid wooden and metal furniture articles, home furnishing items, creative wooden and metal articles for various uses, textile based products like cushions, pillow covers, rugs and carpets,  handbags,  travel  bags and backpacks, pet products, etc. Priti International majorly caters to international markets. They export products to wholesalers and retailers from countries such as Spain, Belgium, Holland, Netherlands, Turkey, England, China, Greece, Germany etc. The company also exports their products to customers working on some specific projects e.g. newly constructed hotels, restaurants, bars & pubs, etc.

Major Events & milestones:

  • 2002: Commencement of Business by Priti International. (the Erstwhile Proprietorship)
  • 2010: Commencement of manufacturing of textile based handicrafts at Boranada.
  • 2012: Shifting of Textile handicrafts business to Basni facility and Wooden and Metal Furniture and Handicrafts business to Boranada facility.
  • 2017: Incorporation of Priti International Limited on June 30, 2017.
  • 2017: Acquisition of undertaking of Priti International by the company.
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