Linen Art Profile
Key Indicators
- Authorised Capital ₹ 39.00 Cr
as on 24-06-2024
- Paid Up Capital ₹ 38.90 Cr
as on 24-06-2024
- Company Age 10 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 130.18 Cr
as on 24-06-2024
- Satisfied Charges ₹ 99.10 Cr
as on 24-06-2024
- Revenue -11.05%
(FY 2021)
- Profit -50.88%
(FY 2021)
- Ebitda -14.75%
(FY 2021)
- Net Worth 26.42%
(FY 2021)
- Total Assets -18.79%
(FY 2021)
About Linen Art
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 2023. It's a company limited by shares with an authorized capital of Rs 39.00 Cr and a paid-up capital of Rs 38.90 Cr.
The company currently has active open charges totaling ₹130.18 Cr. The company has closed loans amounting to ₹99.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Linen Art Private Limited India is Shivanand Hemmady as COMPANY SECRETARY. Shitanshu Vora and Vimal Goenka serve as directors at the Company.
- CIN/LLPIN
U74120MH2013PTC251465
- Company No.
251465
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Dec 2013
- Date of AGM
09 Oct 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Linen Art?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shivanand Hemmady  | Company Secretary | 01-Aug-2019 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shitanshu Vora | Director | 31-Jan-2014 | Current |
| Vimal Goenka | Director | 30-Sep-2015 | Current |
Financial Performance and Corporate Structure Insights of Linen Art.
Linen Art Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 11.05% decrease. The company also saw a substantial fall in profitability, with a 50.88% decrease in profit. The company's net worth Soared by an impressive increase of 26.42%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Linen Art?
In 2022, Linen Art had a promoter holding of 19.54% and a public holding of 80.46%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Fancy Fab Spinning & Weaving Mill LlpActive 4 years 10 monthsShitanshu Vora and Vimal Goenka are mutual person
- Ashwell Textiles Private LimitedActive 18 years 5 months
Shitanshu Vora and Vimal Goenka are mutual person
- Shreeja Devcon Private LimitedActive 5 years 9 months
Shitanshu Vora and Vimal Goenka are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 19 Apr 2024 | ₹0.89 M | Open |
Others Creation Date: 19 Apr 2024 | ₹1.01 M | Open |
Others Creation Date: 18 Apr 2024 | ₹1.07 M | Open |
How Many Employees Work at Linen Art?
Linen Art has a workforce of 172 employees as of Mar 31, 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 Linen Art, 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 Linen Art'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.
