Shirt Company (India) Private Limited

Manufactures and sells a variety of ready-made garments for all ages.

2005 | Mumbai, Maharashtra (India) | Under Liquidation
Last Updated: May 15, 2024

Shirt Company (India) Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.03 Cr
  • Company Age 19 Year, 8 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 158.86 Cr
  • Satisfied Charges ₹ 79.96 Cr
  • Revenue Growth 31.50%
  • Profit Growth 36.45%
  • Ebitda 1.70%
  • Net Worth 6.30%
  • Total Assets 14.80%

About Shirt Company (India)

Shirt Company (India) Private Limited (SCIPL) is Under Liquidation company established on 06 May 2005 with its office registered at Mumbai, Maharashtra, India and has been running since 19 Year, 8 Months with a paid up capital of 7.03 Cr. According to MCA records, 3 Directors are linked to this company as of 15 May 2024.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101MH2005PTC153109

  • Company No.

    153109

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 May 2005

  • Date of AGM

    30 Sep 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Fashion and Textile

Who are the key members and board of directors at Shirt Company (India)?

Executive Team (1)

Name Designation Appointment Date Status
Shivanand Shetty Country flag representing In Managing Director 05-Jun-2005 Current

Board Members (2)

Name Designation Appointment Date Status
Ashwin Shetty Country flag representing In Whole-Time Director 05-Jun-2005 Current
Balkrishna Shetty Country flag representing In Director 05-Jun-2005 Current

Financial Performance of Shirt Company (India).

Shirt Company (India) Private Limited, for the financial year ended 2015, experienced significant growth in revenue, with a 31.5% increase. The company also saw a substantial improvement in profitability, with a 36.45% increase in profit. The company's net worth moved up by a moderate rise of 6.3%.

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
31.50%
Revenue from Operations
33.56%
Total Assets
14.80%
Profit or Loss
36.45%
Net Worth
6.30%
EBITDA
1.70%

What is the Ownership and Shareholding Structure of Shirt Company (India)?

In 2016, Shirt Company (India) had a promoter holding of 78.14% and a public holding of 21.86%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹158.86 Cr

Satisfied Charges

₹79.96 Cr

Charges Breakdown by Lending Institutions

  • Vijaya Bank : 65.90 Cr
  • Others : 60.97 Cr
  • Religare Finvest Limited : 20.00 Cr
  • Deutsche Bank Ag : 5.68 Cr
  • Standard Chartered Bank : 4.70 Cr
  • Others : 1.61 Cr

Latest Charge Details

Date Lender Amount Status
30 Jan 2016 Deutsche Bank Ag ₹5.68 Cr Open
30 Jan 2016 Deutsche Bank ₹1.57 Cr Open
06 Jan 2015 Religare Finvest Limited ₹5.00 Cr Open
29 Apr 2013 Standard Chartered Bank ₹4.70 Cr Open
11 Feb 2013 Religare Finvest Limited ₹3.00 Cr Open

How Many Employees Work at Shirt Company (India)?

Shirt Company (India) has a workforce of 471 employees as of Apr 07, 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 Shirt Company (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 Shirt Company (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 Shirt Company (India)

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 60.97 Cr registered on 23 May 2008 with Charge ID 10182934 was modified on 27 Feb 2020.

    27 Feb 2020

  • Charges

    A charge with Vijaya Bank of Rs. 32.95 Cr registered on 24 Apr 2008 with Charge ID 10104938 was modified on 27 Nov 2017.

    27 Nov 2017

  • Charges

    A charge with Vijaya Bank of Rs. 32.95 Cr registered on 24 Apr 2008 with Charge ID 10104979 was modified on 27 Nov 2017.

    27 Nov 2017

  • Annual General Meeting

    Shirt Company (India) Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.

    30 Sep 2016

  • Balance Sheet

    Shirt Company (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai.

    31 Mar 2016

  • Charges

    A charge with Deutsche Bank Ag amounted to Rs. 5.68 Cr with Charge ID 10628371 was registered on 30 Jan 2016.

    30 Jan 2016

Frequently asked questions

  • Shirt Company (India) Private Limited was incorporated on 06 May 2005.

  • The authorized share capital of Shirt Company (India) Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.03 Cr.

  • Currently 3 directors are associated with Shirt Company (India) Private Limited.

    • Shivanand Bhoja Shetty
    • Ashwin Shivanand Shetty
    • Balkrishna Bhoja Shetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shirt Company (India) Private Limited is 2 Brady Glady Plaza1/447 Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra, India, 400013.

  • The corporate identification number (CIN) of Shirt Company (India) Private Limited is U18101MH2005PTC153109 and the company number is 153109 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shirt Company (India) Private Limited is https://www.shirt-company.com

  • According to the financial reports for the fiscal year 2015, the revenue trend for Shirt Company (India) Private Limited has risen by 31.50%.

  • As Per 2015 financial reports, 471 employees are currently employed by Shirt Company (India) Private Limited.

  • The financial reports for the fiscal year 2015 indicates that The net worth of Shirt Company (India) Private Limited has experienced an upsurge of 6.30%.

  • As per the financial statements for fiscal Year 2015, The total open charges for Shirt Company (India) Private Limited amount to ₹ 158.86 Cr.

  • The most recent Balance Sheet for Shirt Company (India) Private Limited was filed with the ROC on 31 Mar 2016.

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