Apparel Group India Profile
Key Indicators
- Authorised Capital ₹ 35.00 Cr
- Paid Up Capital ₹ 25.87 Cr
- Company Age 23 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 237.44 Cr
- Satisfied Charges ₹ 121.00 Cr
- Revenue Growth 41.50%
- Profit Growth 44.58%
- Ebitda 102.87%
- Net Worth 65.81%
- Total Assets -6.92%
About Apparel Group India
Apparel Group India Private Limited (AGIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 May 2001 and has a history of 23 years and ten months. Its registered office is in Mumbai, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 35.00 Cr and a paid-up capital of Rs 25.87 Cr.
The company currently has active open charges totaling ₹237.44 Cr. The company has closed loans amounting to ₹121.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Apparel Group India Private Limited India are Abhishek Bajpai as Ceo, Aalisha Srivastava as Company Secretary, and Hiren Patadia as Cfo. Neeraj Teckchandani, Tushar Ved, and Prashant Sampat 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
U18101MH2001PTC131895
- Company No.
131895
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 May 2001
- Date of AGM
16 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Consumer Goods
What products or services does Apparel Group India Private Limited offer?
Apparel Group India Private Limited offers a wide range of products and services, including Minerals and Ores, Sand, Hand Sanitizers & Personal Hygiene, Toiletry Set, Ladies Dresses, Apparels & Clothings, Ladies Skirts.
Who are the key members and board of directors at Apparel Group India?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abhishek Bajpai  | CEO | 10-Jan-2022 | Current |
| Aalisha Srivastava | Company Secretary | 01-Jun-2022 | Current |
| Hiren Patadia | CFO | 17-Oct-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Neeraj Teckchandani | Director | 24-Dec-2007 | Current |
| Tushar Ved | Director | 01-Apr-2019 | Current |
| Prashant Sampat | Director | 27-Nov-2014 | Current |
Financial Performance of Apparel Group India.
Apparel Group India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 41.5% increase. The company also saw a substantial improvement in profitability, with a 44.58% increase in profit. The company's net worth Soared by an impressive increase of 65.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Apparel Group India?
In 2023, Apparel Group India had a promoter holding of 86.30% and a public holding of 13.70%. 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)
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- Hypermax City Private Limited
Neeraj Teckchandani, Tushar Ved and 1 more are mutual person
- Apparel Gateway Cafe India Private Limited
Neeraj Teckchandani, Tushar Ved and 1 more are mutual person
- Agipl International Trading Private Limited
Neeraj Teckchandani and Tushar Ved are mutual person
- Modex Trading Private Limited
Neeraj Teckchandani and Tushar Ved are mutual person
- Promod India Private Limited
Neeraj Teckchandani and Tushar Ved are mutual person
Charges (Loans)
Open Charges
₹237.44 Cr
Satisfied Charges
₹121.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 139.44 Cr
- Axis Bank Limited : 60.00 Cr
- Yes Bank Limited : 38.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Aug 2024 | Axis Bank Limited | ₹60.00 Cr | Open |
| 22 Apr 2024 | Hdfc Bank Limited | ₹40.00 Cr | Open |
| 05 Feb 2024 | Hdfc Bank Limited | ₹2.90 M | Open |
| 31 Oct 2023 | Hdfc Bank Limited | ₹3.28 M | Open |
| 28 Aug 2023 | Yes Bank Limited | ₹30.00 Cr | Open |
How Many Employees Work at Apparel Group India?
Apparel Group India has a workforce of 1486 employees as of May 09, 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 Apparel Group India, 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 Apparel Group India'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 Apparel Group India
Recent activity within the organization
- Director Appointment
Hiren Ashvin Patadia was appointed as a Cfo was appointed as a Cfo on 17 Oct 2024 & has been associated with this company since 5 months 10 days .
- Annual General Meeting
Apparel Group India Private Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.
- Charges
A charge with Axis Bank Limited amounted to Rs. 60.00 Cr with Charge ID 100965736 was registered on 27 Aug 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 40.00 Cr with Charge ID 100923614 was registered on 22 Apr 2024.
- Balance Sheet
Apparel Group India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.29 Cr with Charge ID 100880282 was registered on 05 Feb 2024.
Recent News, Updates & Announcement
- Major Brands to open Bath and Body Works stores in Lucknow and Pune | Mint.
The development comes after the company announced last year that it will invest ₹260 cr in India, to expand existing brands in its portfolio and introduce new ones .Opening stores in tier-2 cities has become possible due to property development, increasing mall culture and cheaper rents.
Frequently asked questions
What is the Incorporation or founding date of Apparel Group India Private Limited?
Apparel Group India Private Limited was incorporated on 08 May 2001.
What is authorized share capital and paid-up capital of Apparel Group India Private Limited?
The authorized share capital of Apparel Group India Private Limited is ₹ 35.00 Cr and paid-up capital is ₹ 25.87 Cr.
Who are the current board members & directors of Apparel Group India Private Limited?
Currently 6 directors are associated with Apparel Group India Private Limited.
- Neeraj Bherumal Teckchandani
- Tushar Kumar Naval Ved
- Prashant Bharat Sampat
- Abhishek Bajpai
- Aalisha Srivastava
- Hiren Ashvin Patadia
What is the registered address of Apparel Group India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Apparel Group India Private Limited is 3Rd Floor Unit No 1 Raiaskaran Tech Park Tower Phase Ii Andheri Kurla Road, Marol India, Mumbai, Maharashtra, 400072.
What is the corporate identification number (CIN) and company number of Apparel Group India Private Limited?
The corporate identification number (CIN) of Apparel Group India Private Limited is U18101MH2001PTC131895 and the company number is 131895 as per Ministry of Corporate Affairs (MCA).
What is the official website of Apparel Group India Private Limited?
The Official website of Apparel Group India Private Limited is https://www.majorbrands.co.in
What has been the recent revenue trend for Apparel Group India Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Apparel Group India Private Limited has risen by 41.50%.
How many employees does Apparel Group India Private Limited currently have?
As Per 2022 financial reports, 1486 employees are currently employed by Apparel Group India Private Limited.
What change has been observed in the net worth of Apparel Group India Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Apparel Group India Private Limited has experienced an upsurge of 65.81%.
What are the total open charges for Apparel Group India Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Apparel Group India Private Limited amount to ₹ 237.44 Cr.
When was the last Balance Sheet of Apparel Group India Private Limited filed with the ROC?
The most recent Balance Sheet for Apparel Group India Private Limited was filed with the ROC on 31 Mar 2024.
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