Etco Denim Private Limited

Textile company specializing in denim weaving and manufacturing of cotton and cotton blend fabrics and garments.

2005 | Mumbai, Maharashtra (India) | Under Insolvency
Last Updated:

Etco Denim Profile

Key Indicators

  • Authorised Capital ₹ 225.00 Cr
  • Paid Up Capital ₹ 175.51 Cr
  • Company Age 20 Year, 19 Days
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 389.12 Cr
  • Satisfied Charges ₹ 237.00 Cr
  • Revenue Growth -29.78%
  • Profit Growth 39.35%
  • Ebitda -26.57%
  • Net Worth -160.78%
  • Total Assets -18.35%

About Etco Denim

Etco Denim Private Limited (EDPL) is Under Cirp company established on 21 Apr 2005 with its office registered at Mumbai, Maharashtra, India and has been running since 20 Year, 19 Days with a paid up capital of 175.51 Cr. According to MCA records, 2 Directors and 1 Signatories are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18109MH2005PTC152771

  • Company No.

    152771

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Apr 2005

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Etco Denim Private Limited offer?

Etco Denim Private Limited offers a wide range of products and services, including Measuring Equipments & Instruments, Elcometer Instruments.

Company report

Etco Denim Private Limited

Explore comprehensive data for Etco Denim Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Etco Denim?

Executive Team (1)

NameDesignationAppointment DateStatus
Nidhi Shah Company Secretary11-Apr-2019Current

Board Members (2)

NameDesignationAppointment DateStatus
Gajendra Sartanpara Country flag representing In Director 01-Oct-2014Current
Ramesh Shah Country flag representing In Director 21-Apr-2005Current

Financial Performance of Etco Denim.

Etco Denim Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 29.78% decrease. The company also saw a substantial improvement in profitability, with a 39.35% increase in profit. The company's net worth observed a substantial decline by a decrease of 160.78%.

Etco Denim revenue growth over time
Etco Denim 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
-29.78%
Revenue from Operations
-34.63%
Total Assets
-18.35%
Profit or Loss
39.35%
Net Worth
-160.78%
EBITDA
-26.57%

What is the Ownership and Shareholding Structure of Etco Denim?

In 2019, Etco Denim had a promoter holding of 37.35% and a public holding of 62.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹389.12 Cr

Satisfied Charges

₹237.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 246.72 Cr
  • Corporation Bank : 142.15 Cr
  • Srei Equipment Finance Limited : 0.18 Cr
  • Punjab & Sind Bank : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
22 Nov 2016Others₹2.08 MOpen
22 Oct 2014Srei Equipment Finance Limited₹1.79 MOpen
06 May 2014Corporation Bank₹141.99 CrOpen
30 Dec 2013Others₹0.64 MOpen
25 Mar 2013Corporation Bank₹0.70 MOpen

How Many Employees Work at Etco Denim?

Etco Denim has a workforce of 18 employees as of Apr 01, 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.

Employee growth trends for Etco Denim Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Etco Denim, 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 Etco Denim'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 Etco Denim

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 0.06 Cr registered on 30 Dec 2013 with Charge ID 10474649 was modified on 28 Sep 2020.

  • Charges

    A charge with Others of Rs. 246.45 Cr registered on 28 Jul 2011 with Charge ID 10302071 was modified on 28 Sep 2020.

  • Annual General Meeting

    Etco Denim Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

  • Director Appointment

    Nidhi Krutik Shah was appointed as a Company Secretary was appointed as a Company Secretary on 11 Apr 2019 & has been associated with this company since 6 years 30 days .

  • Balance Sheet

    Etco Denim Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.

  • Charges

    A charge with Others amounted to Rs. 0.21 Cr with Charge ID 100077155 was registered on 22 Nov 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Etco Denim Private Limited?

    Etco Denim Private Limited was incorporated on 21 Apr 2005.

  • What is authorized share capital and paid-up capital of Etco Denim Private Limited?

    The authorized share capital of Etco Denim Private Limited is ₹ 225.00 Cr and paid-up capital is ₹ 175.51 Cr.

  • Who are the current board members & directors of Etco Denim Private Limited?

    Currently 3 directors are associated with Etco Denim Private Limited.

    • Nidhi Krutik Shah
    • Gajendra Bhupendra Sartanpara
    • Ramesh Dahyalal Shah
  • What is the registered address of Etco Denim Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Etco Denim Private Limited is S-13 S-14 Pinnacle Business Park Shanti Nagar Midc Mahakali Caves Road, India, Andheri East, Maharashtra, 400093.

  • What is the corporate identification number (CIN) and company number of Etco Denim Private Limited?

    The corporate identification number (CIN) of Etco Denim Private Limited is U18109MH2005PTC152771 and the company number is 152771 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Etco Denim Private Limited?

    The Official website of Etco Denim Private Limited is https://www.etco.in

  • What has been the recent revenue trend for Etco Denim Private Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Etco Denim Private Limited has fallen by -29.78%.

  • How many employees does Etco Denim Private Limited currently have?

    As Per 2019 financial reports, 18 employees are currently employed by Etco Denim Private Limited.

  • What change has been observed in the net worth of Etco Denim Private Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Etco Denim Private Limited has experienced an downturn of -160.78%.

  • What are the total open charges for Etco Denim Private Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Etco Denim Private Limited amount to ₹ 389.12 Cr.

  • When was the last Balance Sheet of Etco Denim Private Limited filed with the ROC?

    The most recent Balance Sheet for Etco Denim Private Limited was filed with the ROC on 31 Mar 2019.

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