Desai Fashions Private Limited

Manufactures and trades art silk cloth, polyester crep yarn, and jumbo beam for sizing.

1991 | Surat, Gujarat (India) | Active
Last Updated: July 04, 2024

Desai Fashions Profile

Key Indicators

  • Authorised Capital ₹ 9.00 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 33 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.74 Cr
  • Satisfied Charges ₹ 8.23 Cr
  • Revenue Growth 4.91%
  • Profit Growth 47.73%
  • Ebitda -7.04%
  • Net Worth 3.50%
  • Total Assets 5.49%

About Desai Fashions

Desai Fashions Private Limited (DFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 May 1991 and has a history of 33 years and eight months. Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 9.00 M and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹6.74 Cr. The company has closed loans amounting to ₹8.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pankajkumar Desai and Chetan Desai serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17114GJ1991PTC013822

  • Company No.

    013822

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 May 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Desai Fashions?

Board Members (2)

Name Designation Appointment Date Status
Pankajkumar Desai Country flag representing In Director 29-May-1991 Current
Chetan Desai Country flag representing In Director 29-May-1991 Current

Financial Performance of Desai Fashions.

Desai Fashions Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.91% increase. The company also saw a substantial improvement in profitability, with a 47.73% increase in profit. The company's net worth moved up by a moderate rise of 3.5%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
4.91%
Revenue from Operations
4.44%
Total Assets
5.49%
Profit or Loss
47.73%
Net Worth
3.50%
EBITDA
-7.04%

What is the Ownership and Shareholding Structure of Desai Fashions?

In 2023, Desai Fashions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹67.40 M

Satisfied Charges

₹82.32 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 6.74 Cr

Latest Charge Details

Date Lender Amount Status
30 Dec 2022 Axis Bank Limited ₹6.74 Cr Open
16 Sep 2020 Others ₹1.34 Cr Satisfied
26 Sep 2017 Others ₹5.00 M Satisfied
23 Nov 2016 Others ₹5.00 M Satisfied
19 Jan 2015 Bank Of Baroda ₹5.00 M Satisfied

How Many Employees Work at Desai Fashions?

Unlock and access historical data on people associated with Desai Fashions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Desai Fashions, 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 Desai Fashions's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Desai Fashions

Recent activity within the organization

  • Annual General Meeting

    Desai Fashions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Desai Fashions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 16 Sep 2020 via Charge ID 100425987 with Others was fully satisfied on 10 Mar 2023.

    10 Mar 2023

  • Charges

    A charge registered on 23 Oct 2003 via Charge ID 90110636 with Others was fully satisfied on 10 Mar 2023.

    10 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 67.40 M with Charge ID 100665898 was registered on 30 Dec 2022.

    30 Dec 2022

  • Charges

    A charge with Others of Rs. 13.40 M registered on 16 Sep 2020 with Charge ID 100425987 was modified on 07 Dec 2021.

    07 Dec 2021

Frequently asked questions

  • Desai Fashions Private Limited was incorporated on 29 May 1991.

  • The authorized share capital of Desai Fashions Private Limited is ₹ 9.00 M and paid-up capital is ₹ 7.50 M.

  • Currently 2 directors are associated with Desai Fashions Private Limited.

    • Pankajkumar Arvindbhai Desai
    • Chetan Arvindbhai Desai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Desai Fashions Private Limited is Plot No. 437/1 Road No. 4 Gidc - Sachin Sachin, Surat, Gujarat, India, 394230.

  • The corporate identification number (CIN) of Desai Fashions Private Limited is U17114GJ1991PTC013822 and the company number is 013822 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Desai Fashions Private Limited has risen by 4.91%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Desai Fashions Private Limited has experienced an upsurge of 3.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Desai Fashions Private Limited amount to ₹ 6.74 Cr.

  • The most recent Balance Sheet for Desai Fashions Private Limited was filed with the ROC on 31 Mar 2023.