India Canvas Co. Private Limited
About India Canvas Co. Private Limited
Data last updated:
India Canvas Co. Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 03 June 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U52324DL1999PTC100076. Its GSTIN is 07AABCI0562R1Z9 (Delhi).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹2,000. It is led by directors including Nitin Singhal and Rachna Singhal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 25C Dayanand Vihar, New Delhi, Delhi, India – 110092.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.96 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹50,040 (net margin -16.9%) and EBITDA of -₹34,910 (EBITDA margin -11.8%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years and 53% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
India Canvas Co. Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address25C Dayanand Vihar, New Delhi, Delhi, India – 110092
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of India Canvas Co. 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
Business activity
The main business activity of India Canvas Co is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of India Canvas Co. Private Limited, buy the company report.
Financials of India Canvas Co. Private Limited
FY 2023 filings availableIndia Canvas Co. Private Limited reported revenue of ₹2.96 Lakh (down 80% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years, including a 80% fall in the latest year. EBITDA rose 51% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹34,910 | ||||
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| Net Profit (PAT) | -₹50,040 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -11.8% | ||||
| Net Profit Margin | -16.9% | ||||
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To see the full financial statements and ratios of India Canvas Co. Private Limited, buy the company report.
Board of directors of India Canvas Co. Private Limited
India Canvas Co has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Singhal Also directs: Mayank Investment Private Limited | Director | 25 Jun 1999 | 27 Years 4 Months | Current |
| Rachna Singhal | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
| Chitra Singhal Also directs: Mayank Investment Private Limited | Director | 25 Jun 1999 | 27 Years 4 Months | Current |
Peer comparison
India Canvas Co. Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mota Clothing Private Limited | ₹2.97 Lakh (FY 2017) | Pune, Maharashtra, India | ||||
| Dayanidhi Tie-Up Private Limited. | ₹2.97 Lakh (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| Balaji Edutech Solutions Private Limited | ₹2.96 Lakh (FY 2020) | -75.0% | Kolkata, West Bengal, India | |||
| India Canvas Co. Private Limitedthis company | ₹2.96 Lakh (FY 2023) | -₹50,040 | -16.9% | -80.0% | New Delhi, Delhi, India | |
| Tayal Infrastructures Private Limited | ₹2.95 Lakh (FY 2021) | 4.0% | Noida, Uttar Pradesh, India | |||
| Sr Textile Marketing Private Limited | ₹2.95 Lakh (FY 2025) | -84.0% | Kolkata, West Bengal, India |
To see the full peer comparison of India Canvas Co. Private Limited, buy the company report.
Auditor
India Canvas Co. Private Limited is audited by C M P & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C M P & ASSOCIATES | FY 2020 | 031165N |
Shareholding
The shareholding of India Canvas Co. Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of India Canvas Co. Private Limited, buy the company report.
Legal cases
India Canvas Co. 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, Central, Delhi | Court case (L I R) | Filed against the company by an individual | Disposed |
To see the full case history of India Canvas Co. 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 India Canvas Co. Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
India Canvas Co has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCI0562R1Z9 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of India Canvas Co. Private Limited, buy the company report.
Recent activity
India Canvas Co. Private Limited has 3 board changes on record since 1999: 3 appointments. The latest: Rachna Singhal was appointed as Director on 20 Sep 2018.
Frequently asked questions
India Canvas Co is an active private limited company based in New Delhi, Delhi, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 03 June 1999 (27+ years old) and is registered under CIN U52324DL1999PTC100076.
India Canvas Co has 3 current directors:
- Nitin Singhal - Director
- Rachna Singhal - Director
- Chitra Singhal - Director
The latest financial statements of India Canvas Co on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of India Canvas Co is 07AABCI0562R1Z9, registered in Delhi.
The CIN (Corporate Identification Number) of India Canvas Co is U52324DL1999PTC100076. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
India Canvas Co has 1 court case on record: 1 filed against it.
India Canvas Co was incorporated on 03 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of India Canvas Co by revenue are Mota Clothing Private Limited, Dayanidhi Tie-Up Private Limited, Balaji Edutech Solutions Private Limited, Tayal Infrastructures Private Limited, Sr Textile Marketing Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Rachna Singhal was appointed as Director on 20 Sep 2018. Chitra Singhal was appointed as Director on 25 Jun 1999. Nitin Singhal was appointed as Director on 25 Jun 1999.
The registered office of India Canvas Co is at 25C Dayanand Vihar, New Delhi, Delhi, India – 110092.
India Canvas Co operates in the home and lifestyle industry, in the textile retail and distribution segment.
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