Asa Garment Designs Private Limited

Asa Garment Designs Private Limited - fashion and textile in Jammu And Kashmir, India. FY 2026 financials & compliance.
CIN U51101JK2002PTC002225 Incorporated 08 July 2002 ROC Jammu HQ Jammu And Kashmir, India
Active Private Limited Company fashion and textile MSME · Micro
Data last updated
Revenue · FY 2021
₹31.53 Lakh
▼ 99% YoY
Net profit · FY 2021
₹2.21 Lakh
Net margin 7%
EBITDA · FY 2021
₹23.76 Lakh
EBITDA margin 75.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9 Lakh
Issued & subscribed
Open charges
₹90 Lakh
Secured borrowings
Company age
24 yrs
Est. 2002
Directors on board
2
As per MCA filings

About Asa Garment Designs Private Limited

Data last updated:

Asa Garment Designs Private Limited is a private limited company based in Jammu And Kashmir, India. It operates in the winter and seasonal wear segment of the fashion and textiles sector. It was incorporated on 08 July 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Jammu, under CIN U51101JK2002PTC002225. Its GSTIN is 07AADCA7217M1ZJ (Delhi). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors Jaipal Singh (Whole-Time Director) and Abdul Rashid Wani.

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 is at Saidpuraiddgarh Srinagar, Jammu and Kashmir, India.

As per the financials filed for FY 2021, the company reported a revenue of ₹31.53 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net profit of ₹2.21 Lakh (net margin 7%) and EBITDA of ₹23.76 Lakh (EBITDA margin 75.3%). Revenue has declined at a compounded annual rate (CAGR) of 83% over three years and 66% over five years.

As per MCA filings, the company has open charges of ₹90 Lakh on record.

Asa Garment Designs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-JK-21-0005749). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website asadesigns.in.

Company details

CIN U51101JK2002PTC002225
Registration Number 002225
Incorporation Date 08 July 2002
ROC Jammu
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-JK-21-0005749
Key People
Jaipal Singh Whole-Time Director Abdul Rashid Wani Director

Recognitions & Rankings of Asa Garment Designs

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-JK-21-0005749

Contact details

Asa Garment Designs Private Limited's registered office is in Jammu And Kashmir. Its website is asadesigns.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    asadesigns.in
  • Registered Address
    Saidpuraiddgarh Srinagar, Jammu and Kashmir, India
  • Industry
    Fashion and Textile, Winter & Seasonal Wear

To see the full contact details of Asa Garment Designs Private Limited, buy the company report.

Comprehensive company report
Asa Garment Designs 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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Financials of Asa Garment Designs Private Limited

FY 2021 filings available

Asa Garment Designs Private Limited reported revenue of ₹31.53 Lakh (down 99% YoY) for FY 2021.

Revenue · FY 2021
₹31.53 Lakh ▼ 99%
Net profit · FY 2021
₹2.21 Lakh margin 7%
EBITDA · FY 2021
₹23.76 Lakh margin 75.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 99%
3 years · compounded
▼ 83%
5 years · compounded
▼ 66%
EBITDA CAGR growth
1 year
▼ 32%
3 years · compounded
▼ 50%
5 years · compounded
▼ 19%

Revenue has declined at a compounded annual rate (CAGR) of 66% over five years, including a 99% fall in the latest year. EBITDA fell 32% 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₹23.76 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.21 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 Margin75.3%
Net Profit Margin7%
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 Asa Garment Designs Private Limited, buy the company report.

Board of directors of Asa Garment Designs Private Limited

Asa Garment Designs has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jaipal SinghWhole-Time Director30 Nov 201213 Years 11 MonthsCurrent
Abdul Rashid WaniDirector08 Jul 200224 Years 3 MonthsCurrent
View all directors

Peer comparison

Asa Garment Designs Private Limited is compared with the 7 companies closest to it by revenue in the Apparel industry (Winter 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
Ashutosh Woollen Mills Private Limited₹64.85 Lakh (FY 2018)-64.0%Punjab, India
Heirloom Kashmir Private Limited₹57.95 Lakh (FY 2025)18.0%Srinagar, Jammu and Kashmir, India
Luci D Oriente Handicrafts Private Limited₹52.6 Lakh (FY 2025)4.0%Pune, Maharashtra, India
Survivor Gear (OPC) Private Limited₹38.17 Lakh (FY 2025)234.0%Delhi, India
Asa Garment Designs Private Limitedthis company₹31.53 Lakh (FY 2021)₹2.21 Lakh7%-99.0%Jammu And Kashmir, India
RPR Designs Private Limited₹17.71 Lakh (FY 2024)-50.0%New Delhi, Delhi, India
Merinomere Ventures Private Limited₹3.65 Lakh (FY 2024)-99.0%Ludhiana, Punjab, India
Winter Wear India Private Limited₹1.8 Lakh (FY 2025)-100.0%New Delhi, Delhi, India

To see the full peer comparison of Asa Garment Designs Private Limited, buy the company report.

Auditor

Asa Garment Designs Private Limited is audited by BHAT DURANI AND ASSOCIATES for the financial year 2015.

Auditor firmFinancial yearFirm registration number
BHAT DURANI AND ASSOCIATESFY 2015097656

Shareholding

The shareholding of Asa Garment Designs Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Asa Garment Designs Private Limited, buy the company report.

Charges & borrowings

Open charges
₹90 Lakh
Satisfied charges
None
Breakdown by lending institutions
The Jammu and Kashmir Bank Limited₹0.90 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Jun 2020100357919The Jammu and Kashmir Bank Limited₹15 LakhOpen
29 Jun 200590323927The Jammu and Kashmir Bank Limited₹75 LakhOpen

To see the full charge records of Asa Garment Designs Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

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

GST

Asa Garment Designs has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
07AADCA7217M1ZJDelhiActive28 Oct 2017

To see the full GST registrations and return filing status of Asa Garment Designs Private Limited, buy the company report.

Recent activity

Asa Garment Designs Private Limited has 3 board changes on record since 2002: 2 appointments and 1 cessation. The latest: Nitin Aima ceased to be Director on 11 Jan 2013.

AGM
Asa Garment Designs Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Asa Garment Designs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Jammu.
Charges
A charge with The Jammu And Kashmir Bank Limited amounted to Rs. 15.00 Lakh with Charge ID 100357919 was registered on 17 Jun 2020.
Charges
A charge with The Jammu And Kashmir Bank Limited of Rs. 75.00 Lakh registered on 29 Jun 2005 with Charge ID 90323927 was modified on 08 Oct 2013.
Ceased
Nitin Aima ceased to be Director.
Appointed
Jaipal Singh was appointed as Whole-Time Director.
Charges
A charge with The Jammu And Kashmir Bank Limited amounted to Rs. 75.00 Lakh with Charge ID 90323927 was registered on 29 Jun 2005.
Appointed
Abdul Rashid Wani was appointed as Director.
Incorporation
08 Jul 2002
Asa Garment Designs Private Limited was registered on 08 Jul 2002 with Roc Jammu & aged 24 years 3 months as per MCA records.

Frequently asked questions

Asa Garment Designs is an active private limited company based in Jammu And Kashmir, India. The company works in winter and seasonal wear, within the fashion and textile industry. It was incorporated on 08 July 2002 (24+ years old) and is registered under CIN U51101JK2002PTC002225.

Asa Garment Designs has 2 current directors:

The latest financial statements of Asa Garment Designs 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 Asa Garment Designs is 07AADCA7217M1ZJ, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Asa Garment Designs is U51101JK2002PTC002225. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Asa Garment Designs was incorporated on 08 July 2002, making it 24+ years old. It is registered with the Registrar of Companies, Jammu.

The peers of Asa Garment Designs by revenue are Ashutosh Woollen Mills Private Limited, Heirloom Kashmir Private Limited, Luci D Oriente Handicrafts Private Limited, Survivor Gear (OPC) Private Limited, RPR Designs Private Limited and 2 more, all in the Apparel industry (Winter Wear), with the same principal business activity (textile, leather and other apparel products).

Nitin Aima ceased to be Director on 11 Jan 2013. Jaipal Singh was appointed as Whole-Time Director on 30 Nov 2012. Abdul Rashid Wani was appointed as Director on 08 Jul 2002.

Yes, Asa Garment Designs is registered as a micro enterprise under Udyam registration (number: UDYAM-JK-21-0005749).

Asa Garment Designs can be reached through the website asadesigns.in. Its registered office is in Jammu And Kashmir, India.

The registered office of Asa Garment Designs is at Saidpuraiddgarh Srinagar, Jammu and Kashmir, India.