Designer Watches Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 30 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.75 Cr
- Satisfied Charges ₹ 14.85 Cr
- Revenue Growth -83.14%
- Profit Growth -98.92%
- Ebitda -100.48%
- Net Worth -3.52%
- Total Assets -30.73%
About Designer Watches
Designer Watches Private Limited (DWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 June 1994 and has a history of 30 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Designers Watches Private Limited. The Company is engaged in the Consumer Goods 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 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹2.75 Cr. The company has closed loans amounting to ₹14.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jatinder Nagpal, Narinder Nagpal, Mayank Nagpal, and Two other members 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
U51399MH1994PTC079011
- Company No.
079011
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Jun 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Consumer Goods
What products or services does Designer Watches Private Limited offer?
Designer Watches Private Limited offers a wide range of products and services, including Wrist Watch, Metal Watch, Leather Wrist Watches, Exercise Treadmill, Avon Treadmill, Corporate Watch, Ladies Watch, Ladies Fashion Watches, Promotional Items & Gifts, Promotional Watch.
Who are the key members and board of directors at Designer Watches?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nischay Nagpal  | Director | 02-Sep-2017 | Current |
| Mayank Nagpal | Director | 02-Sep-2017 | Current |
| Jatinder Nagpal | Director | 16-Jun-1994 | Current |
| Narinder Nagpal | Director | 16-Jun-1994 | Current |
| Neeraj Nagpal | Director | 02-Sep-2017 | Current |
Financial Performance of Designer Watches.
Designer Watches Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 83.14% decrease. The company also saw a substantial fall in profitability, with a 98.92% decrease in profit. The company's net worth dipped by a decrease of 3.52%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Designer Watches?
In 2023, Designer Watches had a public holding of 60.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Volt + Age Batteries (I) Private Limited
Jatinder Nagpal and Neeraj Nagpal are mutual person
- Five Elements Global Lifestyle Llp
Mayank Nagpal is a mutual person
- Ilg India Fashion Llp
Mayank Nagpal is a mutual person
- Ghadiwaala India Private Limited
Mayank Nagpal and Nischay Nagpal are mutual person
- Cargo Hawk Private Limited
Neeraj Nagpal is a mutual person
Charges (Loans)
Open Charges
₹27.50 M
Satisfied Charges
₹148.50 M
Charges Breakdown by Lending Institutions
- Others : 2.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2016 | Others | ₹2.75 Cr | Open |
| 28 Jun 2019 | Hdfc Bank Limited | ₹2.75 Cr | Satisfied |
| 18 May 2018 | Hdfc Bank Limited | ₹1.50 Cr | Satisfied |
| 19 Aug 2017 | Hdfc Bank Limited | ₹5.00 Cr | Satisfied |
| 05 Aug 2014 | Fedbank Financial Services Limited | ₹3.00 Cr | Satisfied |
How Many Employees Work at Designer Watches?
Designer Watches has a workforce of 1 employees as of Apr 06, 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 Designer Watches, 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 Designer Watches'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 Designer Watches
Recent activity within the organization
- Annual General Meeting
Designer Watches Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Designer Watches Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 28 Jun 2019 via Charge ID 100273493 with Hdfc Bank Limited was fully satisfied on 26 Nov 2020.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 27.50 M with Charge ID 100273493 was registered on 28 Jun 2019.
- Charges
A charge registered on 18 May 2018 via Charge ID 100224175 with Hdfc Bank Limited was fully satisfied on 30 Apr 2019.
- Charges
A charge registered on 28 Jun 2011 via Charge ID 10302835 with Syndicate Bank was fully satisfied on 12 Feb 2019.
Frequently asked questions
What is the Incorporation or founding date of Designer Watches Private Limited?
Designer Watches Private Limited was incorporated on 16 Jun 1994.
What is authorized share capital and paid-up capital of Designer Watches Private Limited?
The authorized share capital of Designer Watches Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Designer Watches Private Limited?
Currently 5 directors are associated with Designer Watches Private Limited.
- Jatinder Tarlok Nagpal
- Narinder Tarlok Nagpal
- Mayank Jatinder Nagpal
- Neeraj Jatinder Nagpal
- Nischay Narinder Nagpal
What is the registered address of Designer Watches Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Designer Watches Private Limited is Office No Sr-02 Service Flr Pinnacle Business Park Mahakali Caves Road Midc Andheri (East) India, Mumbai, Maharashtra, 400093.
What is the corporate identification number (CIN) and company number of Designer Watches Private Limited?
The corporate identification number (CIN) of Designer Watches Private Limited is U51399MH1994PTC079011 and the company number is 079011 as per Ministry of Corporate Affairs (MCA).
What is the official website of Designer Watches Private Limited?
The Official website of Designer Watches Private Limited is https://www.dsignerworld.com
What has been the recent revenue trend for Designer Watches Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Designer Watches Private Limited has fallen by -83.14%.
How many employees does Designer Watches Private Limited currently have?
As Per 2023 financial reports, 1 employees are currently employed by Designer Watches Private Limited.
What change has been observed in the net worth of Designer Watches Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Designer Watches Private Limited has experienced an downturn of -3.52%.
What are the total open charges for Designer Watches Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Designer Watches Private Limited amount to ₹ 2.75 Cr.
When was the last Balance Sheet of Designer Watches Private Limited filed with the ROC?
The most recent Balance Sheet for Designer Watches Private Limited was filed with the ROC on 31 Mar 2024.