Oswal Knit India Limited

Manufactures and sells woolen and hosiery apparel for men and women under two brand names.

1992 | Punjab, Punjab (India) | Active
Last Updated: December 23, 2024

Oswal Knit India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 32 Year, 2 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 7.77 M
  • Satisfied Charges ₹ 78.42 Cr
  • Revenue Growth -67.65%
  • Profit Growth 78.40%
  • Ebitda 82.47%
  • Net Worth 40.12%
  • Total Assets -25.89%

About Oswal Knit India

Oswal Knit India Limited (OKIL) is a Public Limited Indian Non-Government Company incorporated in India on 03 November 1992 and has a history of 32 years and two months. Its registered office is in Punjab, Punjab.

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 2021. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹7.77 M. The company has closed loans amounting to ₹78.42 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mahesh Parshad, Jasbir Singh, and Dharm Chopra serve as directors at the Company.

Company Details

  • Location
    Punjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17113PB1992PLC012689

  • Company No.

    012689

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Nov 1992

  • Date of AGM

    29 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Fashion and Textile

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

Board Members (3)

Name Designation Appointment Date Status
Mahesh Parshad Country flag representing In Additional Director 10-Feb-2021 Current
Jasbir Singh Country flag representing In Director 15-Sep-2020 Current
Dharm Chopra Country flag representing In Director 01-Apr-2019 Current

Financial Performance of Oswal Knit India.

Oswal Knit India Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 67.65% decrease. The company also saw a substantial improvement in profitability, with a 78.4% increase in profit. The company's net worth Soared by an impressive increase of 40.12%.

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
-67.65%
Revenue from Operations
546.96%
Total Assets
-25.89%
Profit or Loss
78.40%
Net Worth
40.12%
EBITDA
82.47%

What is the Ownership and Shareholding Structure of Oswal Knit India?

In 2021, Oswal Knit India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.78 Cr

Satisfied Charges

₹78.42 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.43 Cr
  • Dewan Housing Finance Corporation Limited : 0.35 Cr

Latest Charge Details

Date Lender Amount Status
31 Jan 2016 Others ₹4.27 M Open
29 May 2015 Dewan Housing Finance Corporation Limited ₹3.50 M Open
14 Mar 2010 Punjab National Bank ₹41.60 Cr Satisfied
24 Feb 2010 Punjab National Bank ₹1.48 Cr Satisfied
15 Mar 1995 Punjab National Bank ₹3.75 Cr Satisfied

How Many Employees Work at Oswal Knit India?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Oswal Knit 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 Oswal Knit India'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 Knit India

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 0.43 Cr registered on 31 Jan 2016 with Charge ID 10625524 was modified on 29 Mar 2023.

    29 Mar 2023

  • Charges

    A charge registered on 15 Mar 1995 via Charge ID 90177584 with Punjab National Bank was fully satisfied on 03 Jan 2023.

    03 Jan 2023

  • Charges

    A charge registered on 03 Feb 1994 via Charge ID 90181890 with Punjab National Bank was fully satisfied on 03 Jan 2023.

    03 Jan 2023

  • Charges

    A charge registered on 14 Mar 2010 via Charge ID 10215305 with Punjab National Bank was fully satisfied on 23 Jun 2022.

    23 Jun 2022

  • Charges

    A charge registered on 24 Feb 2010 via Charge ID 10207470 with Punjab National Bank was fully satisfied on 23 Jun 2022.

    23 Jun 2022

  • Charges

    A charge registered on 03 Mar 1994 via Charge ID 90177466 with Punjab National Bank was fully satisfied on 23 Jun 2022.

    23 Jun 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Oswal Knit India Limited was incorporated on 03 Nov 1992.

  • The authorized share capital of Oswal Knit India Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 3 directors are associated with Oswal Knit India Limited.

    • Mahesh Parshad
    • Jasbir Singh
    • Dharm Pal Chopra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Oswal Knit India Limited is Oswal Roadindustrial Area A Ludhiana India, Punjab.

  • The corporate identification number (CIN) of Oswal Knit India Limited is U17113PB1992PLC012689 and the company number is 012689 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Oswal Knit India Limited is https://www.malwagroup.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Oswal Knit India Limited has fallen by -67.65%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Oswal Knit India Limited has experienced an upsurge of 40.12%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Oswal Knit India Limited amount to ₹ 7.77 M.

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

Similar Companies Based on Designer & Branded Fashion