Agam Garments Private Limited
About Agam Garments Private Limited
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Agam Garments Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 03 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52390GJ2012PTC072856. Its GSTIN is 24AALCA3672Q1Z4 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Akash Devendra Mehta and Yogesh Devendra Mehta.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.05 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹5.77 Lakh and EBITDA of ₹1.14 Lakh (EBITDA margin 108.9%). Revenue has declined at a compounded annual rate (CAGR) of 90% over three years and 77% over five years.
As per MCA filings, the company has open charges of ₹40 Lakh on record. Court records list 17 cases involving the company, including 13 filed by the company and 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Agam Garments Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address409 4th Floor 1722 – 1733 Karnavati Platinum – 8 B/H G P Off Opp Nagar Seth No Vando Gh, Eekantha, Ahmedabad, Gujarat, India – 380001
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Agam Garments 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 Agam Garments 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 Agam Garments Private Limited, buy the company report.
Financials of Agam Garments Private Limited
FY 2020 filings availableAgam Garments Private Limited reported revenue of ₹1.05 Lakh (down 98% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 77% over five years, including a 98% fall in the latest year. EBITDA fell 88% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.05 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.77 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 108.9% | ||||
| Net Profit Margin | |||||
| 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 Agam Garments Private Limited, buy the company report.
Board of directors of Agam Garments Private Limited
Agam Garments 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 |
|---|---|---|---|---|
| Akash Devendra Mehta | Director | 01 May 2016 | 10 Years 6 Months | Current |
| Yogesh Devendra Mehta | Director | 24 Jan 2014 | 12 Years 9 Months | Current |
Auditor
Agam Garments Private Limited is audited by SAMRAT BUMB & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAMRAT BUMB & ASSOCIATES | FY 2019 | 130313W |
Shareholding
The shareholding of Agam Garments 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 Agam Garments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Apr 2014 | 10504143 | Vijaya Bank | ₹40 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Agam Garments Private Limited has 17 court cases on record: 13 filed by Agam Garments, 4 filed against it. 1 case is pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 4 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Iifl Home Finance Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (EXE R) | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against Laxmi Traders Through Its Prop. Rajesh Madhavdas Chavda | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against individuals | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against individuals | Disposed |
To see the full case history of Agam Garments 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 Agam Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Agam Garments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCA3672Q1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Agam Garments Private Limited, buy the company report.
Recent activity
Agam Garments Private Limited has 6 board changes on record since 2012: 4 appointments and 2 cessations. The latest: Akash Devendra Mehta was appointed as Director on 01 May 2016.
Frequently asked questions
Agam Garments is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 03 December 2012 (14+ years old) and is registered under CIN U52390GJ2012PTC072856.
Agam Garments has 2 current directors:
- Akash Devendra Mehta - Director
- Yogesh Devendra Mehta - Director
The latest financial statements of Agam Garments on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Agam Garments is 24AALCA3672Q1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Agam Garments is U52390GJ2012PTC072856. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Agam Garments has 17 court cases on record: 13 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Agam Garments was incorporated on 03 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Akash Devendra Mehta was appointed as Director on 01 May 2016. Maulikaben Anantkumar Shah ceased to be Director on 01 May 2016. Jigar Ashok Hebra ceased to be Director on 24 Jan 2014. Agam Garments has 6 board changes on record in total.
The registered office of Agam Garments is at 409 4th Floor 1722 – 1733 Karnavati Platinum – 8 BH G P Off Opp Nagar Seth No Vando Gh, Eekantha, Ahmedabad, Gujarat, India – 380001.
Agam Garments operates in the home and lifestyle industry, in the textile retail and distribution segment.
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