Clothes Rack Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 3.96 M
- Company Age 16 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.00 Cr
- Satisfied Charges ₹ 6.40 Cr
- Revenue Growth -47.60%
- Profit Growth -736.58%
- Ebitda -143.44%
- Net Worth -5.70%
- Total Assets -13.02%
About Clothes Rack
Clothes Rack Private Limited (CRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 May 2008 and has a history of 16 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Fashion And Textile Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 3.96 M.
The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹6.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajiv Shah and Purnima Shah serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U18101MH2008PTC182244
- Company No.
182244
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 May 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Clothes Rack?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajiv Shah  | Managing Director | 15-May-2008 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Purnima Shah | Director | 15-May-2008 | Current |
Financial Performance of Clothes Rack.
Clothes Rack Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 47.6% decrease. The company also saw a substantial fall in profitability, with a 736.58% decrease in profit. The company's net worth dipped by a decrease of 5.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Clothes Rack?
In 2021, Clothes Rack had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹5.00 Cr
₹6.40 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jul 2014 | Yes Bank Limited | ₹5.00 Cr | Open |
| 09 Dec 2010 | Hdfc Bank Limited | ₹2.25 Cr | Satisfied |
| 09 Nov 2010 | Hdfc Bank Limited | ₹2.25 Cr | Satisfied |
| 13 Nov 2009 | Hdfc Bank Limited | ₹1.90 Cr | Satisfied |
How Many Employees Work at Clothes Rack?
Clothes Rack has a workforce of 40 employees as of Mar 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Clothes Rack, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Clothes Rack's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.