
Tween Apparel Manufacturing Private Limited
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
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 Address586/557/504/557/304/1/4 Bommanahalli Bbmpwardno11 4th Cross 2nd Main Road Hongasandra, Karnataka, India – 560068
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Tween Apparel Manufacturing 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 Tween Apparel Manufacturing is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
Financials of Tween Apparel Manufacturing Private Limited
FY 2021 filings availableTween Apparel Manufacturing Private Limited reported revenue of ₹27.18 Lakh (down 97% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Elsamma James Also directs: United Bazaar Private Limited, York Traders Private Limited, K.N.K. Associates Private Limited and 1 more | Director | 17 Dec 2010 | 15 Years 10 Months | As last reported |
| Deepak Rewaram Shamdasani Also directs: United Bazaar Private Limited, York Traders Private Limited, United Dry Goods Private Limited and 1 more | Director | 31 Dec 2021 | 4 Years 9 Months | As 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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% | 265 | Bommanahalli, 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 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 Tween Apparel Manufacturing Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Tween Apparel Manufacturing Private Limited are on our record; a case search with case numbers, parties and status is in the company report 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.
GST
Tween Apparel Manufacturing has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCT6498E1ZV | Karnataka | Active | 01 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.
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:
- Elsamma James - Director
- Deepak Rewaram Shamdasani - Director
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.