Oswal Garments Limited

Textile manufacturing company specializing in yarns, fibers, and allied products since 1992.

1992 | Punjab, Punjab (India) | Active
Last Updated:

Oswal Garments Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.67 M
  • Company Age 32 Year, 4 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 2.70 Cr
  • Satisfied Charges ₹ 17.50 Cr
  • Revenue Growth -70.82%
  • Profit Growth 92.75%
  • Ebitda 10.11%
  • Net Worth -1.86%
  • Total Assets -21.39%

About Oswal Garments

Oswal Garments Limited (OGL) is a Public Limited Indian Non-Government Company incorporated in India on 29 December 1992 and has a history of 32 years and four months. Its registered office is in Punjab, Punjab.

The Company is engaged in the Home & Lifestyle Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.67 M.

The company currently has active open charges totaling ₹2.70 Cr. The company has closed loans amounting to ₹17.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mahesh Parshad, Jasbir Singh, and Sukhdev Sharma serve as directors at the Company.

Company Details

  • Location Punjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17119PB1992PLC012868

  • Company No.

    012868

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Dec 1992

  • Date of AGM

    27 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Home & Lifestyle
Company report

Oswal Garments Limited

Explore comprehensive data for Oswal Garments Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Oswal Garments?

Board Members (3)

NameDesignationAppointment DateStatus
Mahesh Parshad Country flag representing In Director 03-Sep-2015Current
Jasbir Singh Country flag representing In Director 30-Jul-2014Current
Sukhdev Sharma Country flag representing In Additional Director 15-Jul-2024Current

Financial Performance of Oswal Garments.

Oswal Garments Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 70.82% decrease. The company also saw a substantial improvement in profitability, with a 92.75% increase in profit. The company's net worth dipped by a decrease of 1.86%.

Oswal Garments revenue growth over time
Oswal Garments 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
-70.82%
Revenue from Operations
Total Assets
-21.39%
Profit or Loss
92.75%
Net Worth
-1.86%
EBITDA
10.11%

What is the Ownership and Shareholding Structure of Oswal Garments?

In 2021, Oswal Garments had a promoter holding of 99.85% and a public holding of 0.15%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.00 M

Satisfied Charges

₹175.00 M

Charges Breakdown by Lending Institutions

  • Punjab State Industrial Developent : 2.70 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jan 1999Punjab State Industrial Developent₹1.00 CrOpen
02 Jun 1998Punjab State Industrial Developent₹1.10 CrOpen
02 Feb 1994Punjab State Industrial Developent₹6.00 MOpen
21 Dec 2007Punjab National Bank₹17.50 CrSatisfied

How Many Employees Work at Oswal Garments?

Unlock and access historical data on people associated with Oswal Garments, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Oswal Garments Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Oswal Garments, 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 Oswal Garments'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 Oswal Garments

Recent activity within the organization

  • Director Appointment

    Sukhdev Sharma was appointed as a Additional Director was appointed as a Additional Director on 15 Jul 2024 & has been associated with this company since 9 months 29 days .

  • Annual General Meeting

    Oswal Garments Limited last Annual general meeting of members was held on 27 Nov 2021 as per latest MCA records.

  • Balance Sheet

    Oswal Garments Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chandigarh.

  • Director Appointment

    Mahesh Parshad was appointed as a Director was appointed as a Director on 03 Sep 2015 & has been associated with this company since 9 years 8 months .

  • Director Appointment

    Jasbir Singh was appointed as a Director was appointed as a Director on 30 Jul 2014 & has been associated with this company since 10 years 9 months .

  • Charges

    A charge registered on 21 Dec 2007 via Charge ID 10082033 with Punjab National Bank was fully satisfied on 25 Jul 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Oswal Garments Limited?

    Oswal Garments Limited was incorporated on 29 Dec 1992.

  • What is authorized share capital and paid-up capital of Oswal Garments Limited?

    The authorized share capital of Oswal Garments Limited is ₹ 5.00 M and paid-up capital is ₹ 4.67 M.

  • Who are the current board members & directors of Oswal Garments Limited?

    Currently 3 directors are associated with Oswal Garments Limited.

    • Mahesh Parshad
    • Jasbir Singh
    • Sukhdev Sharma

  • What is the registered address of Oswal Garments Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Oswal Garments Limited is Industrial Area Adistt Ludhiana India, Punjab.

  • What is the corporate identification number (CIN) and company number of Oswal Garments Limited?

    The corporate identification number (CIN) of Oswal Garments Limited is U17119PB1992PLC012868 and the company number is 012868 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Oswal Garments Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Oswal Garments Limited has fallen by -70.82%.

  • What change has been observed in the net worth of Oswal Garments Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Oswal Garments Limited has experienced an downturn of -1.86%.

  • What are the total open charges for Oswal Garments Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Oswal Garments Limited amount to ₹ 2.70 Cr.

  • When was the last Balance Sheet of Oswal Garments Limited filed with the ROC?

    The most recent Balance Sheet for Oswal Garments Limited was filed with the ROC on 31 Mar 2021.

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