Flair Garments Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 6.00 Cr
- Company Age 21 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 62.23 Cr
- Satisfied Charges ₹ 73.40 Cr
- Revenue Growth -91.21%
- Profit Growth 3.52%
- Ebitda -28.01%
- Net Worth -6.28%
- Total Assets -2.84%
About Flair Garments
Flair Garments Private Limited (FGPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 July 2003 and has a history of 21 years and seven months. Its registered office is in Mysore, Karnataka, India.
The Company is engaged in the Manufacturing 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 6.00 Cr and a paid-up capital of Rs 6.00 Cr.
The company currently has active open charges totaling ₹62.23 Cr. The company has closed loans amounting to ₹73.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shreenivasan Mohanasree and Ramakrishnan serve as directors at the Company.
Company Details
- Location
Mysore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U18101KA2003PTC032281
- Company No.
032281
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Jul 2003
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Manufacturing
Who are the key members and board of directors at Flair Garments?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shreenivasan Mohanasree  | Director | 17-Jul-2003 | Current |
| Ramakrishnan | Director | 14-Oct-2017 | Current |
Financial Performance of Flair Garments.
Flair Garments Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 91.21% decrease. The company also saw a slight improvement in profitability, with a 3.52% increase in profit. The company's net worth dipped by a decrease of 6.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Flair Garments?
In 2021, Flair Garments had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹62.23 Cr
Satisfied Charges
₹73.40 Cr
Charges Breakdown by Lending Institutions
- Dhanlaxmi Bank Limited : 62.10 Cr
- Others : 0.13 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Mar 2016 | Others | ₹1.31 M | Open |
| 13 Mar 2014 | Dhanlaxmi Bank Limited | ₹62.10 Cr | Open |
| 20 May 2013 | City Union Bank Limited | ₹2.50 Cr | Satisfied |
| 20 May 2013 | City Union Bank Limited | ₹1.00 Cr | Satisfied |
| 11 Jun 2012 | City Union Bank Limited | ₹6.50 M | Satisfied |
How Many Employees Work at Flair Garments?
Unlock and access historical data on people associated with Flair Garments, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Flair Garments, 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 Flair Garments'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 Flair Garments
Recent activity within the organization
- Annual General Meeting
Flair Garments Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Flair Garments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Dhanlaxmi Bank Limited of Rs. 62.10 Cr registered on 13 Mar 2014 with Charge ID 10512282 was modified on 20 Mar 2018.
- Director Appointment
Ramakrishnan was appointed as a Director was appointed as a Director on 14 Oct 2017 & has been associated with this company since 7 years 4 months .
- Charges
A charge with Others amounted to Rs. 0.13 Cr with Charge ID 100024283 was registered on 24 Mar 2016.
- Charges
A charge registered on 11 Jun 2012 via Charge ID 10364228 with City Union Bank Limited was fully satisfied on 27 Sep 2014.
Frequently asked questions
What is the Incorporation or founding date of Flair Garments Private Limited?
Flair Garments Private Limited was incorporated on 17 Jul 2003.
What is authorized share capital and paid-up capital of Flair Garments Private Limited?
The authorized share capital of Flair Garments Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 6.00 Cr.
Who are the current board members & directors of Flair Garments Private Limited?
Currently 2 directors are associated with Flair Garments Private Limited.
- Shreenivasan Mohanasree
- Ramakrishnan
What is the registered address of Flair Garments Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Flair Garments Private Limited is Sy No 65-71 183Thandya Industrial Area Thandavapura Nanjangud India, Mysore, Karnataka, 571302.
What is the corporate identification number (CIN) and company number of Flair Garments Private Limited?
The corporate identification number (CIN) of Flair Garments Private Limited is U18101KA2003PTC032281 and the company number is 032281 as per Ministry of Corporate Affairs (MCA).
What is the official website of Flair Garments Private Limited?
The Official website of Flair Garments Private Limited is https://www.fairnflair.com
What has been the recent revenue trend for Flair Garments Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Flair Garments Private Limited has fallen by -91.21%.
What change has been observed in the net worth of Flair Garments Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Flair Garments Private Limited has experienced an downturn of -6.28%.
What are the total open charges for Flair Garments Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Flair Garments Private Limited amount to ₹ 62.23 Cr.
When was the last Balance Sheet of Flair Garments Private Limited filed with the ROC?
The most recent Balance Sheet for Flair Garments Private Limited was filed with the ROC on 31 Mar 2024.
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