Garment Mantra Lifestyle Limited

Manufactures and sells clothing, including T-shirts, pants, tops, and jackets.

2011 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: July 05, 2024

Garment Mantra Lifestyle Profile

Key Indicators

  • Authorised Capital ₹ 37.00 Cr
  • Paid Up Capital ₹ 10.04 Cr
  • Company Age 13 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 43.92 Cr
  • Satisfied Charges ₹ 5.34 Cr
  • Revenue Growth 2.71%
  • Profit Growth -70.51%
  • Ebitda -17.82%
  • Net Worth 4.36%
  • Total Assets 2.92%

About Garment Mantra Lifestyle

Garment Mantra Lifestyle Limited (GMLL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 November 2011 and has a history of 13 years and two months. Its registered office is in Coimbatore, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539216.

The Corporate was formerly known as Junction Fabrics And Apparels Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 37.00 Cr and a paid-up capital of Rs 10.04 Cr.

The company currently has active open charges totaling ₹43.92 Cr. The company has closed loans amounting to ₹5.34 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Garment Mantra Lifestyle Limited India are K Priya as COMPANY SECRETARY and Aditya Aggarwal as Cfo. Prem Aggarwal, Subramanian Thirumurugan, Shikha Prem, and Two other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L18101TZ2011PLC017586

  • Company No.

    017586

  • Stock Symbol

    BSE : 539216

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Nov 2011

  • Date of AGM

    23 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Coimbatore

Industry

Fashion and Textile

What products or services does Garment Mantra Lifestyle Limited offer?

Garment Mantra Lifestyle Limited offers a wide range of products and services, including Ladies Dresses, Apparels & Clothings, Ladies T-Shirts, Ladies Pants, Ladies Tops.

Who are the key members and board of directors at Garment Mantra Lifestyle?

Executive Team (3)

Name Designation Appointment Date Status
Prem Aggarwal Country flag representing In Managing Director 15-Nov-2011 Current
K Priya Country flag representing In Company Secretary 26-Mar-2016 Current
Aditya Aggarwal CFO 28-Jul-2020 Current

Board Members (4)

Name Designation Appointment Date Status
Subramanian Thirumurugan Country flag representing In Director 06-Mar-2015 Current
Shikha Prem Country flag representing In Whole-Time Director 15-Nov-2011 Current
Deva Kumar Country flag representing In Director Current
Thangamuthu Muthiah Country flag representing In Director 04-Apr-2022 Current

Financial Performance of Garment Mantra Lifestyle.

Garment Mantra Lifestyle Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.71% increase. The company also saw a substantial fall in profitability, with a 70.51% decrease in profit. The company's net worth moved up by a moderate rise of 4.36%.

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
2.71%
Revenue from Operations
2.61%
Total Assets
2.92%
Profit or Loss
-70.51%
Net Worth
4.36%
EBITDA
-17.82%

What is the Ownership and Shareholding Structure of Garment Mantra Lifestyle?

In 2023, Garment Mantra Lifestyle had a promoter holding of 50.10% and a public holding of 49.89%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹43.92 Cr

Satisfied Charges

₹5.34 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 43.92 Cr

Latest Charge Details

Date Lender Amount Status
30 Mar 2022 Axis Bank Limited ₹15.00 Cr Open
27 Jan 2015 Axis Bank Limited ₹28.92 Cr Open
08 Jan 2020 Axis Bank Limited ₹1.50 Cr Satisfied
27 Aug 2019 Axis Bank Limited ₹1.50 Cr Satisfied
30 Dec 2011 Bank Of Baroda ₹2.34 Cr Satisfied

How Many Employees Work at Garment Mantra Lifestyle?

Garment Mantra Lifestyle has a workforce of 3 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Garment Mantra Lifestyle, 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 Garment Mantra Lifestyle'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 Garment Mantra Lifestyle

Recent activity within the organization

  • Annual General Meeting

    Garment Mantra Lifestyle Limited last Annual general meeting of members was held on 23 Sep 2023 as per latest MCA records.

    23 Sep 2023

  • Balance Sheet

    Garment Mantra Lifestyle Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge registered on 08 Jan 2020 via Charge ID 100318657 with Axis Bank Limited was fully satisfied on 08 Aug 2022.

    08 Aug 2022

  • Director Appointment

    Thangamuthu Muthiah was appointed as a Director was appointed as a Director on 04 Apr 2022 & has been associated with this company since 2 years 9 months .

    04 Apr 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100563474 was registered on 30 Mar 2022.

    30 Mar 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 28.92 Cr registered on 27 Jan 2015 with Charge ID 10552813 was modified on 23 Feb 2022.

    23 Feb 2022

Recent News, Updates & Announcement

  • News icon
    Restaurants body files plaint against eateries.

    The letter states that there are “various” rules which have to be in compliance to commercially operate a restaurant such as the FSSAI food safety licence and registration of Goods & Services Tax..

    10 Oct 2018 Economic Times

Frequently asked questions

  • Garment Mantra Lifestyle Limited was incorporated on 15 Nov 2011.

  • The authorized share capital of Garment Mantra Lifestyle Limited is ₹ 37.00 Cr and paid-up capital is ₹ 10.04 Cr.

  • Currently 7 directors are associated with Garment Mantra Lifestyle Limited.

    • Prem Aggarwal
    • Subramanian Thirumurugan
    • Shikha Aggarwal Prem
    • Deva Kumar
    • Thangamuthu Muthiah
    • K Lakshmi Priya
    • Aditya Aggarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Garment Mantra Lifestyle Limited is No.15 Murthys Plaza, Kariagounder Street Khaderpet, Tirupur, Tamil Nadu, India, 641601.

  • The corporate identification number (CIN) of Garment Mantra Lifestyle Limited is L18101TZ2011PLC017586 and the company number is 017586 as per Ministry of Corporate Affairs (MCA).

  • Yes, Garment Mantra Lifestyle Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Garment Mantra Lifestyle Limited is https://www.junctionfabrics.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Garment Mantra Lifestyle Limited has risen by 2.71%.

  • As Per 2023 financial reports, 3 employees are currently employed by Garment Mantra Lifestyle Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Garment Mantra Lifestyle Limited has experienced an upsurge of 4.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Garment Mantra Lifestyle Limited amount to ₹ 43.92 Cr.

  • The most recent Balance Sheet for Garment Mantra Lifestyle Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Innerwear