Itares Shoes Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 8.54 Cr
- Company Age 18 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 40.00 Cr
- Satisfied Charges ₹ 15.75 Cr
- Revenue Growth 20.16%
- Profit Growth 138.00%
- Ebitda 19.98%
- Net Worth -2.11%
- Total Assets -3.92%
About Itares Shoes
Itares Shoes Private Limited (ISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 July 2006 and has a history of 18 years and six months. Its registered office is in Chennai, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 8.54 Cr.
The company currently has active open charges totaling ₹40.00 Cr. The company has closed loans amounting to ₹15.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bangi Ifthikar and Giorgio Marcoaldi serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U19201TN2006PTC060594
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Company No.
060594
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
19 Jul 2006
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Itares Shoes?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bangi Ifthikar
|
Director | 11-Dec-2006 | Current |
Giorgio Marcoaldi
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Director | 09-Nov-2021 | Current |
Financial Performance of Itares Shoes.
Itares Shoes Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.16% increase. The company also saw a substantial improvement in profitability, with a 138% increase in profit. The company's net worth dipped by a decrease of 2.11%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Itares Shoes?
In 2023, Itares Shoes had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Respoint Shoes Private LimitedBangi Ifthikar and Giorgio Marcoaldi are mutual person
Charges (Loans)
₹40.00 Cr
₹15.75 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 40.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jun 2020 | Axis Bank Limited | ₹40.00 Cr | Open |
| 29 May 2014 | Deutsche Bank Ag | ₹9.00 Cr | Satisfied |
| 23 Jul 2012 | The Royal Bank Of Scotland N.V. | ₹3.75 Cr | Satisfied |
| 22 Jun 2011 | The Royal Bank Of Scotland N.V. | ₹3.00 Cr | Satisfied |
How Many Employees Work at Itares Shoes?
Itares Shoes has a workforce of 1153 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Itares Shoes, 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 Itares Shoes'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.
