Cover Story Clothing Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 8.29 Cr
- Company Age 9 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 15.00 Cr
- Revenue Growth -24.36%
- Profit Growth -10.97%
- Ebitda -88.73%
- Net Worth 138.53%
- Total Assets 11.22%
About Cover Story Clothing
Cover Story Clothing Limited (CSCL) is a Public Limited Indian Non-Government Company incorporated in India on 06 July 2015 (Nine years and eight months 3 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Future Style Lab Limited. 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 15.00 Cr and a paid-up capital of Rs 8.29 Cr.
The company has closed loans amounting to ₹15.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Manjula Tiwari, Akhilesh Prasad, and Vineeth Nair 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
U74999MH2015PLC266355
- Company No.
266355
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 Jul 2015
- Date of AGM
26 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Fashion and Textile
Who are the key members and board of directors at Cover Story Clothing?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manjula Tiwari  | Managing Director | 20-Jun-2022 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Akhilesh Prasad | Director | 15-Jun-2022 | Current |
| Vineeth Nair | Director | 15-Jun-2022 | Current |
Financial Performance of Cover Story Clothing.
Cover Story Clothing Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.36% decrease. The company also saw a substantial fall in profitability, with a 10.97% decrease in profit. The company's net worth Soared by an impressive increase of 138.53%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Cover Story Clothing?
In 2023, Cover Story Clothing had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
V - Retail LimitedAkhilesh Prasad is a mutual person
Mesindus Ventures LimitedAkhilesh Prasad is a mutual person
Marks And Spencer Reliance India Private LimitedAkhilesh Prasad is a mutual person
Kalanikethan Silks LimitedAkhilesh Prasad is a mutual person
Urban Ladder Home Decor Solutions LimitedAkhilesh Prasad is a mutual person
Purple Panda Fashions LimitedAkhilesh Prasad is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹15.00 Cr
Charges Breakdown by Lending Institutions
- Others : 15.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Sep 2019 | Others | ₹15.00 Cr | Satisfied |
How Many Employees Work at Cover Story Clothing?
Cover Story Clothing has a workforce of 89 employees as of Apr 07, 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 Cover Story Clothing, 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 Cover Story Clothing'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.
Latest Updates, News, and FAQs on Cover Story Clothing
Recent activity within the organization
- Annual General Meeting
Cover Story Clothing Limited last Annual general meeting of members was held on 26 Aug 2024 as per latest MCA records.
- Balance Sheet
Cover Story Clothing Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Manjula Tiwari was appointed as a Managing Director was appointed as a Managing Director on 20 Jun 2022 & has been associated with this company since 2 years 8 months .
- Director Appointment
Akhilesh Prasad was appointed as a Director was appointed as a Director on 15 Jun 2022 & has been associated with this company since 2 years 8 months .
- Director Appointment
Vineeth Gopalakrishnan Nair was appointed as a Director was appointed as a Director on 15 Jun 2022 & has been associated with this company since 2 years 8 months .
- Charges
A charge registered on 06 Sep 2019 via Charge ID 100292486 with Others was fully satisfied on 31 Jan 2022.
Recent News, Updates & Announcement
- Kishore Biyani-backed Future Style Lab to add 70 stores over 3 years.
While the fashion brands are currently positioned as metro and top city products, next on the companys list for expansion are Jaipur, Chandigarh and Ahmedabad..
- KARL LAGERFELD collaborates with Future Group's Cover Story.
KARL LAGERFELD’s retail experience includes over 100 mono-brand stores worldwide, with key locations in Paris, London, Munich, Moscow, New York, Dubai, and Shanghai..
Frequently asked questions
What is the Incorporation or founding date of Cover Story Clothing Limited?
Cover Story Clothing Limited was incorporated on 06 Jul 2015.
What is authorized share capital and paid-up capital of Cover Story Clothing Limited?
The authorized share capital of Cover Story Clothing Limited is ₹ 15.00 Cr and paid-up capital is ₹ 8.29 Cr.
Who are the current board members & directors of Cover Story Clothing Limited?
Currently 3 directors are associated with Cover Story Clothing Limited.
- Manjula Tiwari
- Akhilesh Prasad
- Vineeth Gopalakrishnan Nair
What is the registered address of Cover Story Clothing Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Cover Story Clothing Limited is 4Th Floor Court House Lokmanya Tilak Marg, Dhobi Talao India, Mumbai, Maharashtra, 400002.
What is the corporate identification number (CIN) and company number of Cover Story Clothing Limited?
The corporate identification number (CIN) of Cover Story Clothing Limited is U74999MH2015PLC266355 and the company number is 266355 as per Ministry of Corporate Affairs (MCA).
What is the official website of Cover Story Clothing Limited?
The Official website of Cover Story Clothing Limited is https://www.coverstory.co.in
What has been the recent revenue trend for Cover Story Clothing Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Cover Story Clothing Limited has fallen by -24.36%.
How many employees does Cover Story Clothing Limited currently have?
As Per 2023 financial reports, 89 employees are currently employed by Cover Story Clothing Limited.
What change has been observed in the net worth of Cover Story Clothing Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Cover Story Clothing Limited has experienced an upsurge of 138.53%.
When was the last Balance Sheet of Cover Story Clothing Limited filed with the ROC?
The most recent Balance Sheet for Cover Story Clothing Limited was filed with the ROC on 31 Mar 2024.
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