Flax Apparels Private Limited

Manufactures and supplies a variety of garments, including men's, women's, and children's wear.

1996 | Kachchh, Gujarat (India) | Active
Last Updated:

Flax Apparels Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 3.47 M
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.17 Cr
  • Satisfied Charges ₹ 7.69 M
  • Revenue Growth 17.67%
  • Profit Growth 14.26%
  • Ebitda -16.96%
  • Net Worth 38.68%
  • Total Assets 16.61%

About Flax Apparels

Flax Apparels Private Limited (FAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 April 1996 and has a history of 28 years and 11 months. Its registered office is in Kachchh, Gujarat, India.

The Company is engaged in the Consumer Goods 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 3.50 M and a paid-up capital of Rs 3.47 M.

The company currently has active open charges totaling ₹1.17 Cr. The company has closed loans amounting to ₹7.69 M, as per Ministry of Corporate Affairs (MCA) records.

Jagmohan Kang, Harish Mahajan, Sanjay Sharma, and One other member serve as directors at the Company.

Company Details

  • Location

    Kachchh, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    flaxapparels.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ1996PTC029212

  • Company No.

    029212

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Apr 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Goods
Manufacturing

Who are the key members and board of directors at Flax Apparels?

Executive Team (1)

NameDesignationAppointment DateStatus
Jagmohan Kang Country flag representing In Managing Director18-Jan-2010Current

Board Members (3)

NameDesignationAppointment DateStatus
Harish Mahajan Country flag representing In Whole-Time Director 02-Apr-2018Current
Sanjay Sharma Country flag representing In Whole-Time Director 15-Jun-2009Current
Harveer Kang Country flag representing In Whole-Time Director 18-Feb-2020Current

Financial Performance of Flax Apparels.

Flax Apparels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.67% increase. The company also saw a substantial improvement in profitability, with a 14.26% increase in profit. The company's net worth Soared by an impressive increase of 38.68%.

Flax Apparels revenue growth over time
Flax Apparels 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
17.67%
Revenue from Operations
17.56%
Total Assets
16.61%
Profit or Loss
14.26%
Net Worth
38.68%
EBITDA
-16.96%

What is the Ownership and Shareholding Structure of Flax Apparels?

In 2023, Flax Apparels 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

₹11.74 M

Satisfied Charges

₹7.69 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.98 Cr
  • Others : 0.19 Cr

Latest Charge Details

DateLenderAmountStatus
12 Sep 2024Others₹1.01 MOpen
11 Sep 2023Others₹0.90 MOpen
27 Mar 2021Axis Bank Limited₹9.83 MOpen
15 Jul 2014Srei Equipment Finance Limited₹0.70 MSatisfied
19 May 2004Bank Of Baroda₹0.58 MSatisfied

How Many Employees Work at Flax Apparels?

Flax Apparels has a workforce of 17 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 Flax Apparels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Flax Apparels, 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 Flax Apparels'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 Flax Apparels

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Others amounted to Rs. 1.01 M with Charge ID 100979542 was registered on 12 Sep 2024.

  • Balance Sheet

    Flax Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Others amounted to Rs. 0.90 M with Charge ID 100784974 was registered on 11 Sep 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 9.83 M with Charge ID 100446786 was registered on 27 Mar 2021.

  • Director Appointment

    Harveer Kaur Kang was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 18 Feb 2020 & has been associated with this company since 5 years 16 days .

Frequently asked questions

  • What is the Incorporation or founding date of Flax Apparels Private Limited?

    Flax Apparels Private Limited was incorporated on 02 Apr 1996.

  • What is authorized share capital and paid-up capital of Flax Apparels Private Limited?

    The authorized share capital of Flax Apparels Private Limited is ₹ 3.50 M and paid-up capital is ₹ 3.47 M.

  • Who are the current board members & directors of Flax Apparels Private Limited?

    Currently 4 directors are associated with Flax Apparels Private Limited.

    • Jagmohan Singh Kang
    • Harish Mahajan
    • Sanjay Sharma
    • Harveer Kaur Kang

  • What is the registered address of Flax Apparels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Flax Apparels Private Limited is Plot No 448, Sector 2 Kandla Special Economic Zone India, Gandhidham, Gujarat, 370201.

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

    The corporate identification number (CIN) of Flax Apparels Private Limited is U17119GJ1996PTC029212 and the company number is 029212 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Flax Apparels Private Limited?

    The Official website of Flax Apparels Private Limited is https://www.flaxapparels.com

  • What has been the recent revenue trend for Flax Apparels Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Flax Apparels Private Limited has risen by 17.67%.

  • How many employees does Flax Apparels Private Limited currently have?

    As Per 2023 financial reports, 17 employees are currently employed by Flax Apparels Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Flax Apparels Private Limited has experienced an upsurge of 38.68%.

  • What are the total open charges for Flax Apparels Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Flax Apparels Private Limited amount to ₹ 1.17 Cr.

  • When was the last Balance Sheet of Flax Apparels Private Limited filed with the ROC?

    The most recent Balance Sheet for Flax Apparels Private Limited was filed with the ROC on 31 Mar 2024.

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