About 91 Design Labs Private Limited
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91 Design Labs Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of 91 Designs Pte Ltd. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the online apparel retail segment of the e-commerce sector. It was incorporated on 10 January 2014.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2014PTC263416. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹64.97 Lakh. It was led by directors Rahul Thayyalamkandy and Pradeesh Lal.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at P – 75 Ff South Extension – II, New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2016, the company reported a revenue of ₹2.45 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹53.24 Lakh (net margin -21.7%) and EBITDA of -₹51.99 Lakh (EBITDA margin -21.2%).
The company was associated with 1 brand: Freshmonk. Court records list 1 case involving the company, including 1 filed against it. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹94.8 Lakh; the latest was in March 2016. Its 3 peer companies in the Ecommerce and Internet industry (Apparel), with the same principal business activity (retail trading) are compared by revenue, 1 larger and 2 smaller; the largest is Stiff Collar Apparel Private Limited with revenue of ₹2.47 Cr.
The last known website on record is freshmonk.com.
Company details
Contact details
91 Design Labs Private Limited's registered office is in New Delhi, Delhi. Its website is freshmonk.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressP – 75 Ff South Extension – II, New Delhi, Delhi, India – 110049
- IndustryE-Commerce, Online Apparel Retail
To see the full contact details of 91 Design Labs Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
91 Design Labs operates one associated brand: Freshmonk. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides an online platform for designing and selling custom apparel. | freshmonk.com |
Business activity
The main business activity of 91 Design Labs is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of 91 Design Labs Private Limited, buy the company report.
Financials of 91 Design Labs Private Limited
FY 2016 filings available91 Design Labs Private Limited reported revenue of ₹2.45 Cr (up 1389% YoY) for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹2.45 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹51.99 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹53.24 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -21.2% | |
| Net Profit Margin | -21.7% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of 91 Design Labs Private Limited, buy the company report.
Board of directors of 91 Design Labs Private Limited
91 Design Labs has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeesh Lal | Additional Director | 28 Jun 2016 | 10 Years 3 Months | As last reported |
| Rahul Thayyalamkandy | Director | 28 Jun 2016 | 10 Years 3 Months | As last reported |
Peer comparison
91 Design Labs Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Apparel), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Stiff Collar Apparel Private Limited | ₹2.47 Cr (FY 2024) | -17.0% | Mumbai, Maharashtra, India | |||
| 91 Design Labs Private Limitedthis company | ₹2.45 Cr (FY 2016) | -₹53.24 Lakh | -21.7% | 1389.0% | New Delhi, Delhi, India | |
| Go Devil Private Limited | ₹2.44 Cr (FY 2024) | 40.0% | Gurugram, Haryana, India | |||
| Dhruv E-Shoppe Private Limited | ₹2.44 Cr (FY 2024) | 350.0% | Faridabad, Haryana, India |
To see the full peer comparison of 91 Design Labs Private Limited, buy the company report.
Auditor
91 Design Labs Private Limited is audited by ANKUSH AGGARWAL & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANKUSH AGGARWAL & CO | FY 2016 | 026808N |
Shareholding
The shareholding of 91 Design Labs Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of 91 Design Labs Private Limited, buy the company report.
Deals & funding
91 Design Labs Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹94.8 Lakh; the latest was in March 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 91 Design Labs PTE Limited, 91 Design Labs PTE Limited & Prashant Gulati Seller: 2 individuals |
| Dec 2014 | Funding round | ₹94.8 Lakh | Investors: 91 Design Labs PTE Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
91 Design Labs Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Civil suit | Filed against the company by E-Com Express Pvt Ltd | Disposed |
To see the full case history of 91 Design Labs Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for 91 Design Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
91 Design Labs has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of 91 Design Labs Private Limited, buy the company report.
Recent activity
91 Design Labs Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Prashant Gulati ceased to be Director on 25 Jul 2016.
Frequently asked questions
91 Design Labs has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
91 Design Labs was a private limited company based in New Delhi, Delhi, India. The company worked in online apparel retail, within the e-commerce industry. It was incorporated on 10 January 2014 and is registered under CIN U74900DL2014PTC263416. The company has been struck off by the Registrar of Companies and is no longer operational.
91 Design Labs had 2 directors:
- Pradeesh Lal - Additional Director
- Rahul Thayyalamkandy - Director
The CIN (Corporate Identification Number) of 91 Design Labs is U74900DL2014PTC263416. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of 91 Design Labs is at P – 75 Ff South Extension – II, New Delhi, Delhi, India – 110049.
91 Design Labs was incorporated on 10 January 2014. It is registered with the Registrar of Companies, Delhi.
91 Design Labs can be reached through the website freshmonk.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of 91 Design Labs on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. 91 Design Labs has 2 GST registrations on record and all of them are cancelled or inactive.
91 Design Labs operated in the e-commerce industry, in the online apparel retail segment. It worked in this industry before it was struck off.
91 Design Labs has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹94.8 Lakh; the latest was in March 2016.