Scotts Garments Limited

Manufacturer and marketer of quality ready-made garments for men, women, and kids, with global exports.

2002 | Bangalore, Karnataka (India) | Under Liquidation
Last Updated:

Scotts Garments Profile

Key Indicators

  • Authorised Capital ₹ 44.00 Cr
  • Paid Up Capital ₹ 5.01 M
  • Company Age 23 Year, 4 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3,052.86 Cr
  • Satisfied Charges ₹ 122.97 Cr
  • Revenue Growth 82.00%
  • Profit Growth -30.50%
  • Ebitda -74.27%
  • Net Worth -72.12%
  • Total Assets -6.07%

About Scotts Garments

Scotts Garments Limited (SGL) is Under Liquidation company established on 01 Mar 2002 with its office registered at Bangalore, Karnataka, India and has been running since 23 Year, 4 Days with a paid up capital of 5.01 M. According to MCA records, 4 Directors are linked to this company as of 18 Jul 2024.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    scottsgarments.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18101KA2002PLC030185

  • Company No.

    030185

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Mar 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Fashion and Textile

What products or services does Scotts Garments Limited offer?

Scotts Garments Limited offers a wide range of products and services, including Kids Wear, Kurtas & Kurta Sets, Kurta Shirt, Ladies Wear, Women Clothes.

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

Board Members (4)

NameDesignationAppointment DateStatus
Shitanshu Vora Country flag representing In Director 09-Oct-2019Current
Vimal Goenka Country flag representing In Director 09-Oct-2019Current
Nakkaguttala Thyagarajan Country flag representing In Nominee Director 05-Jan-2018Current
Sayed Habibulla Country flag representing In Additional Director 05-Jul-2022Current

Financial Performance of Scotts Garments.

Scotts Garments Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 82% increase. The company also saw a substantial fall in profitability, with a 30.5% decrease in profit. The company's net worth observed a substantial decline by a decrease of 72.12%.

Scotts Garments revenue growth over time
Scotts 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
82.00%
Revenue from Operations
140.67%
Total Assets
-6.07%
Profit or Loss
-30.50%
Net Worth
-72.12%
EBITDA
-74.27%

What is the Ownership and Shareholding Structure of Scotts Garments?

In 2023, Scotts 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

₹3,052.86 Cr

Satisfied Charges

₹122.97 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 1266.62 Cr
  • Sbicap Trustee Company Limited : 979.80 Cr
  • Others : 489.90 Cr
  • State Bank Of India : 223.04 Cr
  • Idbi Bank Limited : 50.00 Cr
  • Others : 43.50 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jul 2017Sbicap Trustee Company Limited₹489.90 CrOpen
26 Apr 2017Sbicap Trustee Company Limited₹489.90 CrOpen
20 Oct 2015Canara Bank₹3.00 CrOpen
14 Oct 2015Canara Bank₹5.00 CrOpen
19 Aug 2015Canara Bank₹10.59 CrOpen

How Many Employees Work at Scotts Garments?

Scotts Garments has a workforce of 4 employees as of Mar 28, 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.

Employee growth trends for Scotts Garments Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Scotts 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 Scotts 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 Scotts Garments

Recent activity within the organization

  • Annual General Meeting

    Scotts Garments Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Scotts Garments Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Director Appointment

    Sayed Habibulla was appointed as a Additional Director was appointed as a Additional Director on 05 Jul 2022 & has been associated with this company since 2 years 8 months .

  • Director Appointment

    Shitanshu Bipin Vora was appointed as a Director was appointed as a Director on 09 Oct 2019 & has been associated with this company since 5 years 4 months .

  • Director Appointment

    Vimal Kumar Goenka was appointed as a Director was appointed as a Director on 09 Oct 2019 & has been associated with this company since 5 years 4 months .

  • Director Appointment

    Nakkaguttala Hally Subbaraya Sastry Thyagarajan was appointed as a Nominee Director was appointed as a Nominee Director on 05 Jan 2018 & has been associated with this company since 7 years 1 month .

Frequently asked questions

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

    Scotts Garments Limited was incorporated on 01 Mar 2002.

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

    The authorized share capital of Scotts Garments Limited is ₹ 44.00 Cr and paid-up capital is ₹ 5.01 M.

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

    Currently 4 directors are associated with Scotts Garments Limited.

    • Shitanshu Bipin Vora
    • Vimal Kumar Goenka
    • Nakkaguttala Hally Subbaraya Sastry Thyagarajan
    • Sayed Habibulla

  • What is the registered address of Scotts Garments Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Scotts Garments Limited is 481-B Iv PhasePeenya Industrial Area Bangalore, Karnataka, India, 560058.

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

    The corporate identification number (CIN) of Scotts Garments Limited is U18101KA2002PLC030185 and the company number is 030185 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Scotts Garments Limited?

    The Official website of Scotts Garments Limited is https://www.scottsgarments.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Scotts Garments Limited has risen by 82.00%.

  • How many employees does Scotts Garments Limited currently have?

    As Per 2023 financial reports, 4 employees are currently employed by Scotts Garments Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Scotts Garments Limited has experienced an downturn of -72.12%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Scotts Garments Limited amount to ₹ 3,052.86 Cr.

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

    The most recent Balance Sheet for Scotts Garments Limited was filed with the ROC on 31 Mar 2023.

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