Idol Wears Private Limited

Global garment trading company with a focus on manufacturing, buying, selling, and exporting.

2007 | Delhi (India) | Active
Last Updated: November 16, 2024

Idol Wears Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.55 Cr
  • Satisfied Charges ₹ 21.00 Cr
  • Revenue Growth 18.72%
  • Profit Growth 829.34%
  • Ebitda -134.24%
  • Net Worth 4.39%
  • Total Assets 35.50%

About Idol Wears

Idol Wears Private Limited (IWPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 April 2007 and has a history of 17 years and nine months. Its registered office is in Delhi, 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 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹11.55 Cr. The company has closed loans amounting to ₹21.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Avnit Kaur and Rachvan Singh serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17120DL2007PTC161955

  • Company No.

    161955

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Apr 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Fashion and Textile

Who are the key members and board of directors at Idol Wears?

Board Members (2)

Name Designation Appointment Date Status
Avnit Kaur Country flag representing In Director 29-May-2009 Current
Rachvan Singh Country flag representing Th Director 08-Apr-2024 Current

Financial Performance of Idol Wears.

Idol Wears Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.72% increase. The company also saw a substantial improvement in profitability, with a 829.34% increase in profit. The company's net worth moved up by a moderate rise of 4.39%.

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
18.72%
Revenue from Operations
Total Assets
35.50%
Profit or Loss
829.34%
Net Worth
4.39%
EBITDA
-134.24%

What is the Ownership and Shareholding Structure of Idol Wears?

In 2023, Idol Wears 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

₹115.50 M

Satisfied Charges

₹210.00 M

Charges Breakdown by Lending Institutions

  • Others : 11.55 Cr

Latest Charge Details

Date Lender Amount Status
15 Jul 2022 Others ₹11.55 Cr Open
20 Jul 2018 Others ₹13.00 Cr Satisfied
04 Jul 2015 Hdfc Bank Limited ₹8.00 Cr Satisfied

How Many Employees Work at Idol Wears?

Unlock and access historical data on people associated with Idol Wears, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Idol Wears, 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 Idol Wears'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 Idol Wears

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Director Appointment

    Rachvan Singh was appointed as a Director was appointed as a Director on 08 Apr 2024 & has been associated with this company since 9 months 25 days .

    08 Apr 2024

  • Balance Sheet

    Idol Wears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge registered on 04 Jul 2015 via Charge ID 10581316 with Hdfc Bank Limited was fully satisfied on 21 Feb 2024.

    21 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 115.50 M with Charge ID 100601486 was registered on 15 Jul 2022.

    15 Jul 2022

  • Charges

    A charge registered on 20 Jul 2018 via Charge ID 100193142 with Others was fully satisfied on 13 May 2022.

    13 May 2022

Frequently asked questions

  • Idol Wears Private Limited was incorporated on 12 Apr 2007.

  • The authorized share capital of Idol Wears Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Idol Wears Private Limited.

    • Avnit Kaur
    • Rachvan Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Idol Wears Private Limited is 38, First Floor Uday Park India, Delhi, 110049.

  • The corporate identification number (CIN) of Idol Wears Private Limited is U17120DL2007PTC161955 and the company number is 161955 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Idol Wears Private Limited has risen by 18.72%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Idol Wears Private Limited has experienced an upsurge of 4.39%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Idol Wears Private Limited amount to ₹ 11.55 Cr.

  • The most recent Balance Sheet for Idol Wears Private Limited was filed with the ROC on 31 Mar 2024.

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