Linen Art Profile
Key Indicators
- Authorised Capital ₹ 39.00 Cr
- Paid Up Capital ₹ 38.90 Cr
- Company Age 11 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 135.48 Cr
- Satisfied Charges ₹ 99.10 Cr
- Revenue Growth -11.05%
- Profit Growth -50.88%
- Ebitda -14.75%
- Net Worth 26.42%
- Total Assets -18.79%
About Linen Art
Linen Art Private Limited (LAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 December 2013 and has a history of 11 years and four months. Its registered office is in Mumbai, Maharashtra, India.
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 ₹135.48 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. Vimal Goenka and Shitanshu Vora serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Manufacturing
Linen Art Private Limited
Explore comprehensive data for Linen Art Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 |
|---|---|---|---|
| Vimal Goenka | Director | 30-Sep-2015 | Current |
| Shitanshu Vora | Director | 31-Jan-2014 | Current |
Financial Performance 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 Llp
Vimal Goenka and Shitanshu Vora are mutual person
- Ashwell Textiles Private Limited
Vimal Goenka and Shitanshu Vora are mutual person
- Shreeja Devcon Private Limited
Vimal Goenka and Shitanshu Vora are mutual person
- Meybuen Ventures Private Limited
Shitanshu Vora is a mutual person
Charges (Loans)
Open Charges
₹135.48 Cr
Satisfied Charges
₹99.10 Cr
Charges Breakdown by Lending Institutions
- Others : 111.74 Cr
- Canara Bank : 13.00 Cr
- Tata Capital Financial Services Limited : 7.79 Cr
- Standard Chartered Bank : 2.51 Cr
- Axis Bank Limited : 0.45 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Apr 2024 | Others | ₹0.89 M | Open |
| 19 Apr 2024 | Others | ₹1.01 M | Open |
| 18 Apr 2024 | Others | ₹1.07 M | Open |
| 18 Apr 2024 | Others | ₹1.80 M | Open |
| 18 Apr 2024 | Others | ₹2.58 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.
Latest Updates, News, and FAQs on Linen Art
Recent activity within the organization
- Charges
A charge with Others of Rs. 16.71 Cr registered on 13 Mar 2023 with Charge ID 100698827 was modified on 28 Sep 2024.
- Charges
A charge with Others of Rs. 53.59 Cr registered on 27 Dec 2022 with Charge ID 100675194 was modified on 28 Sep 2024.
- Charges
A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100902246 was registered on 19 Apr 2024.
- Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100902253 was registered on 19 Apr 2024.
- Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 100902251 was registered on 18 Apr 2024.
- Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100902255 was registered on 18 Apr 2024.
Frequently asked questions
What is the Incorporation or founding date of Linen Art Private Limited?
Linen Art Private Limited was incorporated on 27 Dec 2013.
What is authorized share capital and paid-up capital of Linen Art Private Limited?
The authorized share capital of Linen Art Private Limited is ₹ 39.00 Cr and paid-up capital is ₹ 38.90 Cr.
Who are the current board members & directors of Linen Art Private Limited?
Currently 3 directors are associated with Linen Art Private Limited.
- Vimal Kumar Goenka
- Shitanshu Bipin Vora
- Shivanand Rama Hemmady
What is the registered address of Linen Art Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Linen Art Private Limited is Off No. B1-104D Boomerang Equity Business Park Cts 4 Chandivali Farm Kurla Near Hindustan Transmission Compou, Andheri East India, Mumbai, Maharashtra, 400072.
What is the corporate identification number (CIN) and company number of Linen Art Private Limited?
The corporate identification number (CIN) of Linen Art Private Limited is U74120MH2013PTC251465 and the company number is 251465 as per Ministry of Corporate Affairs (MCA).
What is the official website of Linen Art Private Limited?
The Official website of Linen Art Private Limited is https://www.linenart.in
What has been the recent revenue trend for Linen Art Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Linen Art Private Limited has fallen by -11.05%.
How many employees does Linen Art Private Limited currently have?
As Per 2021 financial reports, 172 employees are currently employed by Linen Art Private Limited.
What change has been observed in the net worth of Linen Art Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Linen Art Private Limited has experienced an upsurge of 26.42%.
What are the total open charges for Linen Art Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Linen Art Private Limited amount to ₹ 135.48 Cr.
When was the last Balance Sheet of Linen Art Private Limited filed with the ROC?
The most recent Balance Sheet for Linen Art Private Limited was filed with the ROC on 31 Mar 2023.
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