Monte Carlo Fashions Limited

Apparel retailer and manufacturer of woolen and cotton garments for all ages, sold through various channels.

2008 | Ludhiana, Punjab (India) | Active
Last Updated: November 16, 2024

Monte Carlo Fashions Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 20.73 Cr
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 475.00 Cr
  • Satisfied Charges ₹ 369.03 Cr
  • Revenue Growth 22.45%
  • Profit Growth 16.40%
  • Ebitda 20.99%
  • Net Worth 13.01%
  • Total Assets 33.42%

About Monte Carlo Fashions

Monte Carlo Fashions Limited (MCFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 July 2008 and has a history of 16 years and seven months. Its registered office is in Ludhiana, Punjab, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 538836 and on the National Stock Exchange(NSE) under MONTECARLO.

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 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 20.73 Cr.

The company currently has active open charges totaling ₹475.00 Cr. The company has closed loans amounting to ₹369.03 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Monte Carlo Fashions Limited India are Raj Sharma as CFO and Ankur Gauba as Company Secretary. Jawahar Oswal, Dinesh Gogna, Sandeep Jain, and Ten other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    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

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chandigarh

Industry

Fashion and Textile

Who are the key members and board of directors at Monte Carlo Fashions?

Executive Team (3)

NameDesignationAppointment DateStatus
Jawahar Oswal Country flag representing In Managing Director01-Jul-2008Current
Raj Sharma Country flag representing In CFO30-Nov-2018Current
Ankur Gauba Country flag representing In Company Secretary20-May-2019Current

Board Members (12)

NameDesignationAppointment DateStatus
Yash Sachdeva Country flag representing In Director 12-Jul-2024Current
Rishabh Oswal Country flag representing In Whole-Time Director 25-May-2018Current
Parvinder Pruthi Country flag representing In Director 01-Feb-2022Current
Dinesh Gogna Country flag representing In Director 01-Jul-2008Current
Sandeep Jain Country flag representing In Whole-Time Director 01-Jul-2008Current
Ruchika Oswal Country flag representing In Whole-Time Director 30-Oct-2010Current

Financial Performance of Monte Carlo Fashions.

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%.

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
22.45%
Revenue from Operations
23.60%
Total Assets
33.42%
Profit or Loss
16.40%
Net Worth
13.01%
EBITDA
20.99%

What is the Ownership and Shareholding Structure of Monte Carlo Fashions?

In 2023, Monte Carlo Fashions had a promoter holding of 73.17% and a public holding of 26.83%. 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

₹475.00 Cr

Satisfied Charges

₹369.03 Cr

Charges Breakdown by Lending Institutions

  • Others : 225.00 Cr
  • State Bank Of India : 125.00 Cr
  • Hdfc Bank Limited : 125.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Apr 2022Hdfc Bank Limited₹75.00 CrOpen
07 Dec 2021Others₹50.00 CrOpen
05 Jan 2021Hdfc Bank Limited₹50.00 CrOpen
06 Dec 2019Others₹75.00 CrOpen
22 Dec 2017Others₹100.00 CrOpen

How Many Employees Work at Monte Carlo Fashions?

Monte Carlo Fashions has a workforce of 2048 employees as of Apr 06, 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 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

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 Monte Carlo Fashions

Recent activity within the organization

  • Annual General Meeting

    Monte Carlo Fashions Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

    23 Sep 2024

  • Director Appointment

    Prem Lata Singla was appointed as a Director was appointed as a Director on 12 Sep 2024 & has been associated with this company since 5 months 10 days .

    12 Sep 2024

  • Director Appointment

    Bhuwanchandra Balkrishna Joshi was appointed as a Director was appointed as a Director on 02 Sep 2024 & has been associated with this company since 5 months 20 days .

    02 Sep 2024

  • Director Appointment

    Yash Paul Sachdeva was appointed as a Director was appointed as a Director on 12 Jul 2024 & has been associated with this company since 7 months 11 days .

    12 Jul 2024

  • Director Appointment

    Anchal Kumar Jain was appointed as a Director was appointed as a Director on 12 Jul 2024 & has been associated with this company since 7 months 11 days .

    12 Jul 2024

  • Balance Sheet

    Monte Carlo Fashions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

Frequently asked questions

  • Monte Carlo Fashions Limited was incorporated on 01 Jul 2008.

  • The authorized share capital of Monte Carlo Fashions Limited is ₹ 25.00 Cr and paid-up capital is ₹ 20.73 Cr.

  • Currently 15 directors are associated with Monte Carlo Fashions Limited.

    • Jawahar Lal Oswal
    • Dinesh Gogna
    • Sandeep Jain
    • Ruchika Oswal
    • Monica Oswal
    • Manikant Prasad Singh
    • Yash Paul Sachdeva
    • Rishabh Oswal
    • Roshan Lal Behl
    • Bhuwanchandra Balkrishna Joshi
    • Parvinder Singh Pruthi
    • Anchal Kumar Jain
    • Prem Lata Singla
    • Raj Kapoor Sharma
    • Ankur Gauba
  • As per Ministry of Corporate Affairs (Mca), the registered address of Monte Carlo Fashions Limited is B-Xxix-106 G.T.Road, Sherpur India, Ludhiana, Punjab, 141003.

  • The corporate identification number (CIN) of Monte Carlo Fashions Limited is L51494PB2008PLC032059 and the company number is 032059 as per Ministry of Corporate Affairs (MCA).

  • Yes, Monte Carlo Fashions Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MONTECARLO.

  • The Official website of Monte Carlo Fashions Limited is https://www.montecarlocorporate.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Monte Carlo Fashions Limited has risen by 22.45%.

  • As Per 2023 financial reports, 2048 employees are currently employed by Monte Carlo Fashions Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Monte Carlo Fashions Limited has experienced an upsurge of 13.01%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Monte Carlo Fashions Limited amount to ₹ 475.00 Cr.

  • The most recent Balance Sheet for Monte Carlo Fashions Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Designer & Branded Fashion