About
Basic Data Updated:
15 days agoMonte Carlo Fashions Limited is known as an apparel retailer and manufacturer of woolen and cotton garments for men, women, and kids. The company offers a wide range of products such as printed T-shirts, color jeans, men's jeans, ladies shirts, denims jeans, casual shirts, formal shirts, and promotional T-shirts. These apparel products are sold under the brand 'Monte Carlo'. The operations of MCFL are carried out through a multi-channel distribution network, which includes 230 exclusive stores (as of June 2017), 2,300 multi-brand outlets (as of June 2017), and 204 national chain store outlets (as of June 2017) in India. Additionally, the company also makes its products available through its e-commerce website, 'montecarlo.in'. It is worth mentioning that MCFL is a part of the Ludhiana-bas... Read More
Industry
Company Details
- Location
Ludhiana, Punjab, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
CIN/LLPIN/FCRN | L51494PB2008PLC032059 |
Company No. | 032059 |
Stock Symbol | BSE : 538836 NSE : MONTECARLO |
Company Classification | Public Limited Indian Non-Government Company |
Incorporation Date | 01 Jul 2008 |
Date of AGM | 31 Aug 2023 |
Date of Balance Sheet | 31 Mar 2023 |
Listing Status | Listed |
ROC Code | Roc Chandigarh |
Financials of Monte Carlo Fashions Limited
Monte Carlo Fashions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.45% increase. The company also saw a substantial improvement in profitability, with a 16.4% increase in profit. The company's net worth Soared by an impressive increase of 13.01%.
Enhance accessibility to Monte Carlo Fashions's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.
Corporate Structure
Unlock access to Monte Carlo Fashions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Monte Carlo Fashions Limited
Unlock and access historical data on people associated with Monte Carlo Fashions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
JO
Jawahar Oswal Managing DirectorAppointment Date: 01-Jul-2008
Status: Current
RS
Raj Sharma CFOAppointment Date: 30-Nov-2018
Status: Current
AG
Ankur Gauba Company SecretaryAppointment Date: 20-May-2019
Status: Current
Board Members(11)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Hdfc Bank Limited Creation Date: 11 Apr 2022 | ₹75.00 Cr | Open |
Others Creation Date: 07 Dec 2021 | ₹50.00 Cr | Open |
Hdfc Bank Limited Creation Date: 05 Jan 2021 | ₹50.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Monte Carlo Fashions, 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 Monte Carlo Fashions'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.
Alert
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.
Related Corporates (Common Directorship)
Nahar Poly Films Limited
Active 35 years 5 monthsJawahar Oswal, Dinesh Gogna and 2 more are mutual person
Infomerics Valuation And Rating Private Limited
Active 37 years 10 monthsAlok Misra is a mutual person
Recent activity within the organization
Annual General Meeting
Monte Carlo Fashions Limited last Annual general meeting of members was held on 31 Aug 2023 as per latest MCA records.
31 Aug 2023Charges
A charge with State Bank Of India of Rs. 125.00 cr registered on 25 Apr 2016 with Charge ID 100026483 was modified on 03 May 2023.
03 May 2023Balance Sheet
Monte Carlo Fashions Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
31 Mar 2023Charges
A charge registered on 08 Mar 2019 via Charge ID 100248574 with State Bank Of India was fully satisfied on 29 Aug 2022.
29 Aug 2022Charges
A charge registered on 19 Aug 2014 via Charge ID 10519493 with State Bank Of Patiala was fully satisfied on 29 Aug 2022.
29 Aug 2022
Recent News, Updates & Announcement
- Monte Carlo Fashions Ltd posts Q1 net loss of Rs 12 crore.
Fashion Network 08 Aug 2023
- Monte Carlo Fashions records Q1 revenue growth of 20 percent.
Fashion Network 14 Jul 2023
- Monte Carlo Q4FY23 profit surges 553 at Rs 1982 crore revenue up 457.
Financial Express 29 May 2023
- Board of Monte Carlo Fashions approves buyback of shares.
Business Standard 30 Nov 2018
- Construction firm Montecarlos IPO plans face legal obstacle.
VCCircle 15 Jun 2018
Frequently asked questions
What is the Incorporation or founding date of Monte Carlo Fashions Limited?