Evolv Clothing Company Private Limited

Manufacturer and trader of fashion apparel with 2 production units and 2,200 employees.

1975 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: December 22, 2024

Evolv Clothing Company Profile

Key Indicators

  • Authorised Capital ₹ 5.07 Cr
  • Paid Up Capital ₹ 4.22 Cr
  • Company Age 49 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 118.04 Cr
  • Satisfied Charges ₹ 62.07 Cr

About Evolv Clothing Company

Evolv Clothing Company Private Limited (ECCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 September 1975 and has a history of 49 years and four months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Corporate was formerly known as Isex Fashions Private 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 5.07 Cr and a paid-up capital of Rs 4.22 Cr.

The company currently has active open charges totaling ₹118.04 Cr. The company has closed loans amounting to ₹62.07 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ravee Malhotra, Atul Malhotra, Gopalakrishna Varadharajulu, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74994TN1975PTC006993

  • Company No.

    006993

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Sep 1975

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Fashion and Textile

Who are the key members and board of directors at Evolv Clothing Company?

Executive Team (2)

NameDesignationAppointment DateStatus
Atul Malhotra Country flag representing In Managing Director01-Mar-1995Current
Ratika Malhotra Country flag representing In Managing Director12-Jul-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Hemalatha Ramaiah Country flag representing In Director 18-Aug-2014Current
Ravee Malhotra Country flag representing In Whole-Time Director 01-Mar-1995Current
Gopalakrishna Varadharajulu Country flag representing In Director 30-Jan-2015Current
Arnav Malhotra Country flag representing In Whole-Time Director 21-Aug-2020Current

Financial Performance of Evolv Clothing Company.

Evolv Clothing Company Private Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Evolv Clothing Company?

In 2022, Evolv Clothing Company 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

₹118.04 Cr

Satisfied Charges

₹62.07 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 100.93 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 15.00 Cr
  • Others : 1.43 Cr
  • Punjab And Sind Bank : 0.45 Cr
  • Canara Bank : 0.23 Cr

Latest Charge Details

DateLenderAmountStatus
30 Oct 2022Others₹1.43 CrOpen
29 Jan 2021The Hongkong And Shanghai Banking Corporation Limited₹15.00 CrOpen
15 Sep 2017Axis Bank Limited₹47.91 CrOpen
14 Jul 2007Axis Bank Limited₹53.02 CrOpen
23 Jul 1981Canara Bank₹2.25 MOpen

How Many Employees Work at Evolv Clothing Company?

Evolv Clothing Company has a workforce of 1931 employees as of Apr 08, 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 Evolv Clothing Company, 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 Evolv Clothing Company'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 Evolv Clothing Company

Recent activity within the organization

  • Annual General Meeting

    Evolv Clothing Company Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Ratika Malhotra was appointed as a Managing Director was appointed as a Managing Director on 12 Jul 2024 & has been associated with this company since 6 months 21 days .

    12 Jul 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 47.91 Cr registered on 15 Sep 2017 with Charge ID 100133944 was modified on 01 Jun 2024.

    01 Jun 2024

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 15.00 Cr registered on 29 Jan 2021 with Charge ID 100430900 was modified on 29 May 2024.

    29 May 2024

  • Balance Sheet

    Evolv Clothing Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 04 Oct 2023 via Charge ID 100789613 with Indian Overseas Bank was fully satisfied on 22 Mar 2024.

    22 Mar 2024

Frequently asked questions

  • Evolv Clothing Company Private Limited was incorporated on 29 Sep 1975.

  • The authorized share capital of Evolv Clothing Company Private Limited is ₹ 5.07 Cr and paid-up capital is ₹ 4.22 Cr.

  • Currently 6 directors are associated with Evolv Clothing Company Private Limited.

    • Ravee Raman Malhotra
    • Atul Malhotra
    • Gopalakrishna Pullala Varadharajulu
    • Hemalatha Ramaiah
    • Ratika Malhotra
    • Arnav Malhotra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Evolv Clothing Company Private Limited is Plot No 21 Door No.17/7 4Th Floor Bethel Nagar Main Road Electrical Electronics Instruments Industrial Estate Perungudi, Chennai India, Saidapet, Tamil Nadu, 600096.

  • The corporate identification number (CIN) of Evolv Clothing Company Private Limited is U74994TN1975PTC006993 and the company number is 006993 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Evolv Clothing Company Private Limited is https://www.evolvclothing.com

  • As Per 2021 financial reports, 1931 employees are currently employed by Evolv Clothing Company Private Limited.

  • As per the financial statements for fiscal Year 2021, The total open charges for Evolv Clothing Company Private Limited amount to ₹ 118.04 Cr.

  • The most recent Balance Sheet for Evolv Clothing Company Private Limited was filed with the ROC on 31 Mar 2024.