Padma Wear Garments Private Limited

Trading company specializing in clothing accessories such as fabrics, jeans, and shirts.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: December 19, 2024

Padma Wear Garments Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 2.73 Cr
  • Satisfied Charges ₹ 5.75 Cr
  • Revenue Growth 29.33%
  • Profit Growth -27.57%
  • Ebitda 10.91%
  • Net Worth 4.06%
  • Total Assets 19.19%

About Padma Wear Garments

Padma Wear Garments Private Limited (PWGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 June 2008 and has a history of 16 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

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 2020. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹2.73 Cr. The company has closed loans amounting to ₹5.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hitesh Mehta and Ketan Mehta 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

    U18101MH2008PTC183411

  • Company No.

    183411

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jun 2008

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Fashion and Textile

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

Board Members (2)

Name Designation Appointment Date Status
Hitesh Mehta Country flag representing In Director 11-Jun-2008 Current
Ketan Mehta Country flag representing In Director 14-Jul-2020 Current

Financial Performance of Padma Wear Garments.

Padma Wear Garments Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 29.33% increase. The company also saw a substantial fall in profitability, with a 27.57% decrease in profit. The company's net worth moved up by a moderate rise of 4.06%.

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
29.33%
Revenue from Operations
29.30%
Total Assets
19.19%
Profit or Loss
-27.57%
Net Worth
4.06%
EBITDA
10.91%

What is the Ownership and Shareholding Structure of Padma Wear Garments?

In 2020, Padma Wear Garments 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

₹27.30 M

Satisfied Charges

₹57.50 M

Charges Breakdown by Lending Institutions

  • Others : 2.73 Cr

Latest Charge Details

Date Lender Amount Status
31 Jul 2017 Others ₹2.73 Cr Open
13 Nov 2014 Hdfc Bank Limited ₹2.50 Cr Satisfied
07 Mar 2013 Oriental Bank Of Commerce ₹2.50 Cr Satisfied
21 Aug 2008 The Saraswat Co-Op. Bank Ltd. ₹7.50 M Satisfied

How Many Employees Work at Padma Wear Garments?

Unlock and access historical data on people associated with Padma Wear Garments, 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 Padma Wear 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 Padma Wear 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 Padma Wear Garments

Recent activity within the organization

  • Annual General Meeting

    Padma Wear Garments Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Charges

    A charge with Others of Rs. 27.30 M registered on 31 Jul 2017 with Charge ID 100120990 was modified on 23 Jul 2020.

    23 Jul 2020

  • Director Appointment

    Ketan Suresh Mehta was appointed as a Director was appointed as a Director on 14 Jul 2020 & has been associated with this company since 4 years 6 months .

    14 Jul 2020

  • Balance Sheet

    Padma Wear Garments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.

    31 Mar 2020

  • Charges

    A charge registered on 13 Nov 2014 via Charge ID 10532910 with Hdfc Bank Limited was fully satisfied on 21 Dec 2018.

    21 Dec 2018

  • Charges

    A charge with Others amounted to Rs. 27.30 M with Charge ID 100120990 was registered on 31 Jul 2017.

    31 Jul 2017

Frequently asked questions

  • Padma Wear Garments Private Limited was incorporated on 11 Jun 2008.

  • The authorized share capital of Padma Wear Garments Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Padma Wear Garments Private Limited.

    • Hitesh Suresh Mehta
    • Ketan Suresh Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Padma Wear Garments Private Limited is 109-A Ghatkopar Industrial Estate Lbs Marg West, India, Mumbai, Maharashtra, 400086.

  • The corporate identification number (CIN) of Padma Wear Garments Private Limited is U18101MH2008PTC183411 and the company number is 183411 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Padma Wear Garments Private Limited has risen by 29.33%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Padma Wear Garments Private Limited has experienced an upsurge of 4.06%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Padma Wear Garments Private Limited amount to ₹ 2.73 Cr.

  • The most recent Balance Sheet for Padma Wear Garments Private Limited was filed with the ROC on 31 Mar 2020.

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