Fifth Avenue Sourcing Private Limited

Global sourcing of apparel for top international brands, with a diverse product portfolio and multiple offices worldwide.

2003 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated:

Fifth Avenue Sourcing Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 21 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 15.00 Cr
  • Revenue Growth -0.65%
  • Profit Growth 8.12%
  • Ebitda -4.00%
  • Net Worth 45.87%
  • Total Assets -21.94%

About Fifth Avenue Sourcing

Fifth Avenue Sourcing Private Limited (FASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 March 2003 and has a history of 21 years and 11 months. Its registered office is in Tiruvallur, Tamil Nadu, India.

The Company is engaged in the Business Outsourcing 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 0.10 M.

The company has closed loans amounting to ₹15.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Promodh Sharma and Nirupama Sharma serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U18101TN2003PTC050585

  • Company No.

    050585

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Mar 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Outsourcing

Who are the key members and board of directors at Fifth Avenue Sourcing?

Board Members (2)

NameDesignationAppointment DateStatus
Promodh Sharma Country flag representing In Whole-Time Director 26-Mar-2003Current
Nirupama Sharma Country flag representing In Whole-Time Director 26-Mar-2003Current

Financial Performance of Fifth Avenue Sourcing.

Fifth Avenue Sourcing Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 0.65% decrease. The company also saw a slight improvement in profitability, with a 8.12% increase in profit. The company's net worth Soared by an impressive increase of 45.87%.

Fifth Avenue Sourcing revenue growth over time
Fifth Avenue Sourcing 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
-0.65%
Revenue from Operations
-0.84%
Total Assets
-21.94%
Profit or Loss
8.12%
Net Worth
45.87%
EBITDA
-4.00%

What is the Ownership and Shareholding Structure of Fifth Avenue Sourcing?

In 2019, Fifth Avenue Sourcing 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

₹0

Satisfied Charges

₹150.00 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 8.00 Cr
  • Kotak Mahindra Bank Limited : 7.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Mar 2012State Bank Of India₹8.00 CrSatisfied
03 Sep 2011Kotak Mahindra Bank Limited₹7.00 CrSatisfied

How Many Employees Work at Fifth Avenue Sourcing?

Fifth Avenue Sourcing 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.

Employee growth trends for Fifth Avenue Sourcing Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fifth Avenue Sourcing, 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 Fifth Avenue Sourcing'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 Fifth Avenue Sourcing

Recent activity within the organization

  • Annual General Meeting

    Fifth Avenue Sourcing Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Fifth Avenue Sourcing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge registered on 31 Mar 2012 via Charge ID 10357364 with State Bank Of India was fully satisfied on 12 Feb 2015.

  • Charges

    A charge registered on 03 Sep 2011 via Charge ID 10310195 with Kotak Mahindra Bank Limited was fully satisfied on 17 Jan 2013.

  • Charges

    A charge with State Bank Of India amounted to Rs. 80.00 M with Charge ID 10357364 was registered on 31 Mar 2012.

  • Charges

    A charge with Kotak Mahindra Bank Limited of Rs. 70.00 M registered on 03 Sep 2011 with Charge ID 10310195 was modified on 25 Nov 2011.

Frequently asked questions

  • What is the Incorporation or founding date of Fifth Avenue Sourcing Private Limited?

    Fifth Avenue Sourcing Private Limited was incorporated on 26 Mar 2003.

  • What is authorized share capital and paid-up capital of Fifth Avenue Sourcing Private Limited?

    The authorized share capital of Fifth Avenue Sourcing Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Fifth Avenue Sourcing Private Limited?

    Currently 2 directors are associated with Fifth Avenue Sourcing Private Limited.

    • Promodh Nagaraja Sharma
    • Nirupama Sharma

  • What is the registered address of Fifth Avenue Sourcing Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Fifth Avenue Sourcing Private Limited is No 1451 Thiruvalluvar Nagar Mogapair India, Chennai, Tamil Nadu, 600037.

  • What is the corporate identification number (CIN) and company number of Fifth Avenue Sourcing Private Limited?

    The corporate identification number (CIN) of Fifth Avenue Sourcing Private Limited is U18101TN2003PTC050585 and the company number is 050585 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Fifth Avenue Sourcing Private Limited?

    The Official website of Fifth Avenue Sourcing Private Limited is https://www.fifthavenueindia.com

  • What has been the recent revenue trend for Fifth Avenue Sourcing Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Fifth Avenue Sourcing Private Limited has fallen by -0.65%.

  • How many employees does Fifth Avenue Sourcing Private Limited currently have?

    As Per 2020 financial reports, 1 employees are currently employed by Fifth Avenue Sourcing Private Limited.

  • What change has been observed in the net worth of Fifth Avenue Sourcing Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Fifth Avenue Sourcing Private Limited has experienced an upsurge of 45.87%.

  • When was the last Balance Sheet of Fifth Avenue Sourcing Private Limited filed with the ROC?

    The most recent Balance Sheet for Fifth Avenue Sourcing Private Limited was filed with the ROC on 31 Mar 2024.

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