Ethnic Weaves Emporium Private Limited

Textile trading company specializing in sarees and other clothing accessories.

2013 | Nashik, Maharashtra (India) | Active
Last Updated: October 24, 2024

Ethnic Weaves Emporium Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 11 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.55 Cr
  • Satisfied Charges ₹ 4.00 Cr
  • Revenue Growth -49.53%
  • Profit Growth -87.10%
  • Ebitda -132.35%
  • Net Worth -42.29%
  • Total Assets -10.08%

About Ethnic Weaves Emporium

Ethnic Weaves Emporium Private Limited (EWEPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 April 2013 and has a history of 11 years and nine months. Its registered office is in Nashik, 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹3.55 Cr. The company has closed loans amounting to ₹4.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanmitra Bhandge and Krushna Vithalsha serve as directors at the Company.

Company Details

  • Location

    Nashik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17291MH2013PTC241878

  • Company No.

    241878

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Apr 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Fashion and Textile

Who are the key members and board of directors at Ethnic Weaves Emporium?

Executive Team (1)

NameDesignationAppointment DateStatus
Sanmitra Bhandge Country flag representing In Managing Director13-Apr-2013Current

Board Members (1)

NameDesignationAppointment DateStatus
Krushna Vithalsha Country flag representing In Director 13-Apr-2013Current

Financial Performance of Ethnic Weaves Emporium.

Ethnic Weaves Emporium Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 49.53% decrease. The company also saw a substantial fall in profitability, with a 87.1% decrease in profit. The company's net worth observed a substantial decline by a decrease of 42.29%.

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
-49.53%
Revenue from Operations
-49.52%
Total Assets
-10.08%
Profit or Loss
-87.10%
Net Worth
-42.29%
EBITDA
-132.35%

What is the Ownership and Shareholding Structure of Ethnic Weaves Emporium?

In 2023, Ethnic Weaves Emporium 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

₹35.53 M

Satisfied Charges

₹40.00 M

Charges Breakdown by Lending Institutions

  • Others : 3.55 Cr

Latest Charge Details

DateLenderAmountStatus
27 Aug 2020Others₹0.53 MOpen
18 Sep 2018Others₹3.00 CrOpen
30 Jun 2018Others₹5.00 MOpen
11 Dec 2013State Bank Of Travancore₹4.00 CrSatisfied

How Many Employees Work at Ethnic Weaves Emporium?

Ethnic Weaves Emporium has a workforce of 6 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ethnic Weaves Emporium, 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 Ethnic Weaves Emporium'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 Ethnic Weaves Emporium

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Ethnic Weaves Emporium Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.53 M with Charge ID 100364473 was registered on 27 Aug 2020.

    27 Aug 2020

  • Charges

    A charge with Others amounted to Rs. 30.00 M with Charge ID 100209397 was registered on 18 Sep 2018.

    18 Sep 2018

  • Charges

    A charge with Others amounted to Rs. 5.00 M with Charge ID 100194553 was registered on 30 Jun 2018.

    30 Jun 2018

  • Charges

    A charge registered on 11 Dec 2013 via Charge ID 10467881 with State Bank Of Travancore was fully satisfied on 28 Jan 2016.

    28 Jan 2016

Frequently asked questions

  • Ethnic Weaves Emporium Private Limited was incorporated on 13 Apr 2013.

  • The authorized share capital of Ethnic Weaves Emporium Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Ethnic Weaves Emporium Private Limited.

    • Sanmitra Krishna Bhandge
    • Krushna Bhandge Vithalsha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ethnic Weaves Emporium Private Limited is Flat No 1 Amaranand Apartment Near Hotel Kareem Patil Lane 4 Gangapur Road College Ro Ad India, Nashik, Maharashtra, 422005.

  • The corporate identification number (CIN) of Ethnic Weaves Emporium Private Limited is U17291MH2013PTC241878 and the company number is 241878 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ethnic Weaves Emporium Private Limited is https://www.sarvaangi.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ethnic Weaves Emporium Private Limited has fallen by -49.53%.

  • As Per 2023 financial reports, 6 employees are currently employed by Ethnic Weaves Emporium Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ethnic Weaves Emporium Private Limited has experienced an downturn of -42.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ethnic Weaves Emporium Private Limited amount to ₹ 3.55 Cr.

  • The most recent Balance Sheet for Ethnic Weaves Emporium Private Limited was filed with the ROC on 31 Mar 2023.

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