About Artedz Fabs Limited
Data last updated:
Artedz Fabs Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 08 August 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2006PLC163645. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹8.56 Cr. It was formerly known as Artedz Fabs Pvt Ltd. It was led by directors including Kashyap Pran Gambhir (Managing Director) and Satbindersingh Ranjitsingh Gill (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at H.No 1125 Bldg T – 1 Shree Rajlaxmi Hi – Tech Park Sonale Village Bhiwandi, Mumbai, Maharashtra, India – 421302.
As per the financials filed for FY 2019, the company reported a revenue of ₹81.51 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹25.02 Lakh (net margin 0.3%) and EBITDA of ₹5.5 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 25% over five years.
As per MCA filings, the company had open charges of ₹14.21 Cr on record. Court records list 49 cases involving the company, including 3 filed by the company and 46 filed against it; 17 cases are pending. The company has 22 deals on record (13 market trades, 5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹5.99 Cr; the latest was in November 2019.
The last known website on record is artedzfabs.com.
Company details
CIN history
Artedz Fabs has one previous CIN (Corporate Identification Number): U17299MH2006PTC163645. The current CIN is U17299MH2006PLC163645, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17299MH2006PLC163645 | Current |
| U17299MH2006PTC163645 | Previous |
Contact details
Artedz Fabs Limited's registered office is in Mumbai, Maharashtra. Its website is artedzfabs.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressH.No 1125 Bldg T – 1 Shree Rajlaxmi Hi – Tech Park Sonale Village Bhiwandi, Mumbai, Maharashtra, India – 421302
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Artedz Fabs 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 Artedz Fabs Limited
FY 2019 filings availableArtedz Fabs Limited reported revenue of ₹81.51 Cr (up 26% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 26% growth in the latest year. EBITDA fell 45% 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 | ₹81.51 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.02 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Artedz Fabs Limited, buy the company report.
Board of directors of Artedz Fabs Limited
Artedz Fabs has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amita Bhagwanta Nyaynit | Director | 30 Jan 2018 | 8 Years 8 Months | As last reported |
| Mrugank Mahendra Gohil Also directs: Innovaateu Edtech Private Limited | Director | 17 Nov 2017 | 8 Years 11 Months | As last reported |
| Satbindersingh Ranjitsingh Gill | Whole-Time Director | 08 Aug 2006 | 20 Years 2 Months | As last reported |
| Kashyap Pran Gambhir Also directs: Toron Fabs Private Limited | Managing Director | 08 Aug 2006 | 20 Years 2 Months | As last reported |
| Shirish Prakash Rampure | Director | 17 Nov 2017 | 8 Years 11 Months | As last reported |
Auditor
Artedz Fabs Limited is audited by KEYUR SHAH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KEYUR SHAH & CO | FY 2019 | 141173W |
Shareholding
The shareholding of Artedz Fabs 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 Artedz Fabs Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Nov 2007 | 10076846 | Others | ₹14.21 Cr | Open |
To see the full charge records of Artedz Fabs Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Artedz Fabs Limited has 22 deals on record (13 market trades, 5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹5.99 Cr; the latest was in November 2019.
Deals on record (5 of 22)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2019 | Market trade | ₹53 Lakh | Buyer: CNM Finvest Private Limited Seller: 2 individuals |
| Apr 2019 | Market trade | ₹31.9 Lakh | Buyer: CNM Finvest Private Limited Seller: an individual |
| Apr 2019 | Market trade | ₹80.6 Lakh | Buyer: CNM Finvest Private Limited , an individual Seller: Salvation Developers Limited , an individual |
| Apr 2019 | Market trade | ₹97 Lakh | Buyer: 3 individuals Seller: CNM Finvest Private Limited , an individual |
| Mar 2019 | Market trade | ₹5.36 Cr | Buyer: CNM Finvest Private Limited , 3 individuals Seller: Hetal N. Shah (Huf), Ajay Natavarlal Commodities Private Limited , Thakker Prabhuram Virbhan Huf, an individual |
To see the full deal history of Artedz Fabs Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Artedz Fabs Limited has 49 court cases on record: 3 filed by Artedz Fabs, 46 filed against it. 17 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 41 | 41 | 16 |
| High courts | 6 | 3 | 1 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Kotak Mahindra Bank Ltd. | Pending |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by Shriram Finance Ltd | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Clix Capital Services Pvt Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Arohan Financial Services Limited | Pending |
| High Court, West Bengal | Arbitration matter | Filed by the company against Magma Fincorp Limited | Pending |
To see the full case history of Artedz Fabs 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.
Credit ratings & regulatory alerts
Artedz Fabs Limited was last rated by Care on 12 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 12 Jan 2022 |
To see the full credit ratings and regulatory alerts of Artedz Fabs Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Artedz Fabs Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Artedz Fabs 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 Artedz Fabs Limited, buy the company report.
Recent activity
Artedz Fabs Limited has 13 board changes on record since 2006: 5 appointments and 8 cessations. The latest: Amita Bhagwanta Nyaynit ceased to be Additional Director on 24 Aug 2018.
6 earlier events are in the company report.
Frequently asked questions
Artedz Fabs has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Artedz Fabs was a public limited company based in Mumbai, Maharashtra, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 08 August 2006 and is registered under CIN U17299MH2006PLC163645. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Artedz Fabs was incorporated on 08 August 2006. It is registered with the Registrar of Companies, Mumbai.
Artedz Fabs had 5 directors:
- Kashyap Pran Gambhir - Managing Director
- Satbindersingh Ranjitsingh Gill - Whole-Time Director
- Amita Bhagwanta Nyaynit - Director
- Mrugank Mahendra Gohil - Director
- Shirish Prakash Rampure - Director
The CIN (Corporate Identification Number) of Artedz Fabs is U17299MH2006PLC163645. 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 Artedz Fabs is at H.No 1125 Bldg T – 1 Shree Rajlaxmi Hi – Tech Park Sonale Village Bhiwandi, Mumbai, Maharashtra, India – 421302.
Artedz Fabs can be reached through the website artedzfabs.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Artedz Fabs on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 27 September 2019. Year-wise statements from 2015 are in the company report.
No. Artedz Fabs has 1 GST registration on record and it is cancelled or inactive.
Artedz Fabs operated in the manufacturing industry, in the textile and fabric production segment.