Tween Apparel Manufacturing Private Limited

Tween Apparel Manufacturing Private Limited - fashion and textile in Bommanahalli, Karnataka, India. Directors, charges & compliance details.
CIN U51494KA2007PTC042449 Incorporated 11 April 2007 ROC Bangalore HQ Bommanahalli, Karnataka, India
Struck Off Private Limited Company fashion and textile
Data last updated
Revenue · FY 2021
₹27.18 Lakh
▼ 97% YoY
Net loss · FY 2021
₹48.09 Lakh
Net margin -176.9%
EBITDA · FY 2021
-₹36.66 Lakh
EBITDA margin -134.9%
Authorised capital
₹1.28 Cr
Registered with MCA
Paid-up capital
₹1.28 Cr
Issued & subscribed
Company age
19 yrs
Est. 2007
Employees · EPFO
265
Provident fund records
Directors on board
2
As per MCA filings

About Tween Apparel Manufacturing Private Limited

Data last updated:

Tween Apparel Manufacturing Private Limited was a private limited company based in Bommanahalli, Karnataka, India, operated as a subsidiary of K.N.K. Associates Private Limited. 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 designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 11 April 2007.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U51494KA2007PTC042449. Its GSTIN is 29AACCT6498E1ZV (Karnataka).

The company had an authorised share capital of ₹1.28 Cr and a paid-up capital of ₹1.28 Cr. It was led by directors Elsamma James and Deepak Rewaram Shamdasani.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 586/557/504/557/304/1/4 Bommanahalli Bbmpwardno11 4th Cross 2nd Main Road Hongasandra, Karnataka, India – 560068.

As per the financials filed for FY 2021, the company reported a revenue of ₹27.18 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹48.09 Lakh (net margin -176.9%) and EBITDA of -₹36.66 Lakh (EBITDA margin -134.9%). Revenue has declined at a compounded annual rate (CAGR) of 71% over three years and 55% over five years.

The company had about 265 employees on its provident fund (EPFO) records before it was struck off.

Company details

CIN U51494KA2007PTC042449
Registration Number 042449
Incorporation Date 11 April 2007
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Parent Company K.N.K. Associates Private Limited
Compliance Status Active Compliant

Contact details

Tween Apparel Manufacturing Private Limited's registered office is in Bommanahalli, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    586/557/504/557/304/1/4 Bommanahalli Bbmpwardno11 4th Cross 2nd Main Road Hongasandra, Karnataka, India – 560068
  • Industry
    Fashion and Textile, Designer & Branded Fashion

To see the full contact details of Tween Apparel Manufacturing Private Limited, buy the company report.

Comprehensive company report
Tween Apparel Manufacturing Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Tween Apparel Manufacturing is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

Financials of Tween Apparel Manufacturing Private Limited

FY 2021 filings available

Tween Apparel Manufacturing Private Limited reported revenue of ₹27.18 Lakh (down 97% YoY) for FY 2021.

Revenue · FY 2021
₹27.18 Lakh ▼ 97%
Net loss · FY 2021
₹48.09 Lakh margin -176.9%
EBITDA · FY 2021
-₹36.66 Lakh margin -134.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 97%
3 years · compounded
▼ 71%
5 years · compounded
▼ 55%
EBITDA CAGR growth
1 year
▲ 63%
3 years · compounded
▲ 17%
5 years · compounded
▼ 30%

Revenue has declined at a compounded annual rate (CAGR) of 55% over five years, including a 97% fall in the latest year. EBITDA rose 63% 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹36.66 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹48.09 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin-134.9%
Net Profit Margin-176.9%
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 Tween Apparel Manufacturing Private Limited, buy the company report.

Board of directors of Tween Apparel Manufacturing Private Limited

Tween Apparel Manufacturing has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Elsamma JamesDirector17 Dec 201015 Years 10 MonthsAs last reported
Deepak Rewaram ShamdasaniDirector31 Dec 20214 Years 9 MonthsAs last reported

Peer comparison

Tween Apparel Manufacturing Private Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Apparel, Branded Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Induswelt Fashion Private Limited₹27.33 Lakh (FY 2023)-59.0%Chandigarh, India
Tween Apparel Manufacturing Private Limitedthis company₹27.18 Lakh (FY 2021)-₹48.09 Lakh-176.9%-97.0%265Bommanahalli, Karnataka, India
Bleu Apparels Private Limited₹26.99 Lakh (FY 2016)-50.0%Jaipur, Rajasthan, India
Janarash Fashions Private Limited₹26.95 Lakh (FY 2021)-56.0%New Delhi, Delhi, India
Seam and Trim Fashion Private Limited₹26.46 Lakh (FY 2024)238.0%Cuttack, Odisha, India

To see the full peer comparison of Tween Apparel Manufacturing Private Limited, buy the company report.

Shareholding

The shareholding of Tween Apparel Manufacturing 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 categoryFY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Tween Apparel Manufacturing Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Tween Apparel Manufacturing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Tween Apparel Manufacturing Private Limited has a workforce of 265 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
265
Active EPFO establishments
1
Employee growth
-15.87%

GST

Tween Apparel Manufacturing has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AACCT6498E1ZVKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Tween Apparel Manufacturing Private Limited, buy the company report.

Recent activity

Tween Apparel Manufacturing Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Deepak Rewaram Shamdasani was appointed as Director on 31 Dec 2021.

Appointed
Deepak Rewaram Shamdasani was appointed as Director.
Ceased
Mukkil Madam Ravindran ceased to be Director.
AGM
Tween Apparel Manufacturing Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Tween Apparel Manufacturing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Ceased
Sathyavathi Divakaruni ceased to be Director.
Ceased
Shivaram Divakaruni ceased to be Director.
Appointed
Elsamma James was appointed as Director.
Ceased
Nathurmal Tirathdas Khaitani ceased to be Director.
Ceased
Quthbuddin Syed ceased to be Director.
Incorporation
11 Apr 2007
Tween Apparel Manufacturing Private Limited was registered on 11 Apr 2007 with Roc Bangalore & aged 19 years 6 months as per MCA records.

Frequently asked questions

Tween Apparel Manufacturing 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.

Tween Apparel Manufacturing was a private limited company based in Bommanahalli, Karnataka, India. The company worked in designer and branded fashion, within the fashion and textile industry. It was incorporated on 11 April 2007 and is registered under CIN U51494KA2007PTC042449. The company has been struck off by the Registrar of Companies and is no longer operational.

Tween Apparel Manufacturing had 2 directors:

The CIN (Corporate Identification Number) of Tween Apparel Manufacturing is U51494KA2007PTC042449. 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 Tween Apparel Manufacturing is at 58655750455730414 Bommanahalli Bbmpwardno11 4th Cross 2nd Main Road Hongasandra, Karnataka, India – 560068.

Tween Apparel Manufacturing was incorporated on 11 April 2007. It is registered with the Registrar of Companies, Bangalore.

The latest financial statements of Tween Apparel Manufacturing on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.

The GSTIN of Tween Apparel Manufacturing is 29AACCT6498E1ZV, registered in Karnataka.

Tween Apparel Manufacturing operated in the fashion and textile industry, in the designer and branded fashion segment. It worked in this industry before it was struck off.

The peers of Tween Apparel Manufacturing by revenue are Induswelt Fashion Private Limited, Bleu Apparels Private Limited, Janarash Fashions Private Limited, Seam and Trim Fashion Private Limited, all in the Apparel industry (Apparel, Branded Wear), with the same principal business activity (textile, leather and other apparel products).

Deepak Rewaram Shamdasani was appointed as Director on 31 Dec 2021. Mukkil Madam Ravindran ceased to be Director on 31 Dec 2021. Sathyavathi Divakaruni ceased to be Director on 03 Sep 2018. Tween Apparel Manufacturing has 7 board changes on record in total.