Fargrow Fashions Private Limited
About Fargrow Fashions Private Limited
Data last updated:
Fargrow Fashions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18109MH2014PTC253617. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Batul Apparels Private Limited. It is led by directors including Mustafa Moiz Madraswala and Kiran Bachoobhai Bhatia.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 2304/A – Wing Vishnu Shivam Tower Thakur Village Kandivali (East), Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2019, the company reported a revenue of ₹28,771, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹71,263 (net margin -247.7%) and EBITDA of -₹68,151 (EBITDA margin -236.9%). Revenue has declined at a compounded annual rate (CAGR) of 94% over three years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Fargrow Fashions Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address2304/A – Wing Vishnu Shivam Tower Thakur Village Kandivali (East), Mumbai, Maharashtra, India – 400101
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Fargrow Fashions 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
Financials of Fargrow Fashions Private Limited
FY 2019 filings availableFargrow Fashions Private Limited reported revenue of ₹28,771 (down 100% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 94% over three years. EBITDA rose 99% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹28,771 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹68,151 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹71,263 | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -236.9% | ||||
| Net Profit Margin | -247.7% | ||||
| 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 Fargrow Fashions Private Limited, buy the company report.
Board of directors of Fargrow Fashions Private Limited
Fargrow Fashions has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mustafa Moiz Madraswala Also directs: Malaka Designs LLP | Director | 26 Feb 2014 | 12 Years 8 Months | Current |
| Kiran Bachoobhai Bhatia Also directs: Bizzlon Advisory Services LLP, KPM Fincorp Private Limited, Bizzlon Technologies Private Limited and 1 more | Director | 28 Jul 2014 | 12 Years 3 Months | Current |
| Shailendra Bachubhai Bhatia Also directs: Bizzlon Advisory Services LLP, Bizzlon Technologies Private Limited, Bizzlon Management Solutions Private Limited and 2 more | Director | 28 Jul 2014 | 12 Years 3 Months | Current |
Peer comparison
Fargrow Fashions Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Henna Textiles and Fashion Centre Private Limited | ₹29,064 (FY 2022) | Manjeri P O, Kerala, India | ||||
| Hakoba Lifestyle Limited | ₹29,000 (FY 2025) | -41.0% | Mumbai, Maharashtra, India | |||
| Silicon Fabrics Private Limited | ₹29,000 (FY 2025) | 61.0% | Kolkata, West Bengal, India | |||
| Asahi Filter Fabrics Private Limited | ₹28,900 (FY 2024) | -56.0% | Chennai, Tamil Nadu, India | |||
| Anekant Textiles Park Private Limited | ₹28,900 (FY 2025) | 93.0% | Noida, Uttar Pradesh, India | |||
| Fargrow Fashions Private Limitedthis company | ₹28,771 (FY 2019) | -₹71,263 | -247.7% | -100.0% | Mumbai, Maharashtra, India | |
| Gavisht Cloth Merchants Private Limited | ₹28,700 (FY 2025) | -12.0% | Thane, Maharashtra, India | |||
| Arioli Textiles Machinery Private Limited | ₹28,491 (FY 2017) | -99.0% | Mumbai, Maharashtra, India | |||
| Rudransh Exports Private Limited | ₹28,381 (FY 2025) | -94.0% | Varanasi, Uttar Pradesh, India | |||
| Oushk Ensemble Private Limited | ₹28,369 (FY 2025) | -84.0% | Kolkata, West Bengal, India | |||
| Tara Zari Fashions Private Limited | ₹28,336 (FY 2025) | -85.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Fargrow Fashions Private Limited, buy the company report.
Auditor
Fargrow Fashions Private Limited is audited by ASHOK MISTRI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK MISTRI & CO | FY 2019 | 134269W |
Shareholding
The shareholding of Fargrow Fashions Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Fargrow Fashions Private Limited, buy the company report.
Legal cases
Fargrow Fashions Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by M/S Bhagyashri Textiles Ltd | Pending |
To see the full case history of Fargrow Fashions 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 Fargrow Fashions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fargrow Fashions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Fargrow Fashions Private Limited, buy the company report.
Recent activity
Fargrow Fashions Private Limited has 11 board changes on record since 2014: 3 appointments and 8 cessations. The latest: Biswaranjan Ramachandra Satpathy ceased to be Director on 24 Oct 2016.
2 earlier events are in the company report.
Frequently asked questions
Fargrow Fashions is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 26 February 2014 (12+ years old) and is registered under CIN U18109MH2014PTC253617.
Fargrow Fashions has 3 current directors:
- Mustafa Moiz Madraswala - Director
- Kiran Bachoobhai Bhatia - Director
- Shailendra Bachubhai Bhatia - Director
The latest financial statements of Fargrow Fashions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Fargrow Fashions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Fargrow Fashions is U18109MH2014PTC253617. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fargrow Fashions has 1 court case on record: 1 filed against it. 1 is pending.
Fargrow Fashions was incorporated on 26 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Fargrow Fashions by revenue are Henna Textiles and Fashion Centre Private Limited, Hakoba Lifestyle Limited, Silicon Fabrics Private Limited, Asahi Filter Fabrics Private Limited, Anekant Textiles Park Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Biswaranjan Ramachandra Satpathy ceased to be Director on 24 Oct 2016. Gagan Kumar ceased to be Director on 24 Oct 2016. Kishore Mohansingh Bajaj ceased to be Director on 24 Oct 2016. Fargrow Fashions has 11 board changes on record in total.
The registered office of Fargrow Fashions is at 2304A – Wing Vishnu Shivam Tower Thakur Village Kandivali East, Mumbai, Maharashtra, India – 400101.
Fargrow Fashions operates in the manufacturing industry, in the textile and fabric production segment.
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