Ashray Textiles Private Limited
About Ashray Textiles Private Limited
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Ashray Textiles Private Limited was a private limited company based in Bangalore, Karnataka, India. 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 wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 10 October 2005.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U17122KA2005PTC037436. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹9 Lakh. It was led by directors Anand Saraf (Managing Director) and Rekha Saraf.
Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Shankara Arcade II Floor 74 Vani Vilas Road Basavanagudi Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2020, the company reported a revenue of ₹86,928. For the same year it recorded a net loss of ₹2.13 Lakh (net margin -244.6%) and EBITDA of -₹2.13 Lakh (EBITDA margin -244.6%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 63% over five years.
Company details
Contact details
Ashray Textiles Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShankara Arcade II Floor 74 Vani Vilas Road Basavanagudi Bangalore, Karnataka, India – 560004
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Ashray Textiles 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
Financials of Ashray Textiles Private Limited
FY 2020 filings availableAshray Textiles Private Limited reported revenue of ₹86,928 for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 63% over five years. EBITDA fell 81% 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 |
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| EBITDA | -₹2.13 Lakh | ||||
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| Net Profit (PAT) | -₹2.13 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -244.6% | ||||
| Net Profit Margin | -244.6% | ||||
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To see the full financial statements and ratios of Ashray Textiles Private Limited, buy the company report.
Board of directors of Ashray Textiles Private Limited
Ashray Textiles has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rekha Saraf | Director | 10 Oct 2005 | 21 Years 0 Months | As last reported |
| Anand Saraf | Managing Director | 10 Oct 2005 | 21 Years 0 Months | As last reported |
Auditor
Ashray Textiles Private Limited is audited by GRV & PK for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GRV & PK | FY 2017 | 008099S |
Shareholding
The shareholding of Ashray Textiles Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ashray Textiles Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ashray Textiles 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 Ashray Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashray Textiles 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 Ashray Textiles Private Limited, buy the company report.
Recent activity
Ashray Textiles Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Ashray Saraf ceased to be Director on 27 Dec 2014.
Frequently asked questions
Ashray Textiles 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.
Ashray Textiles was a private limited company based in Bangalore, Karnataka, India. The company worked in wholesale, within the trading industry. It was incorporated on 10 October 2005 and is registered under CIN U17122KA2005PTC037436. The company has been struck off by the Registrar of Companies and is no longer operational.
Ashray Textiles had 2 directors:
- Anand Saraf - Managing Director
- Rekha Saraf - Director
The CIN (Corporate Identification Number) of Ashray Textiles is U17122KA2005PTC037436. 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 Ashray Textiles is at Shankara Arcade II Floor 74 Vani Vilas Road Basavanagudi Bangalore, Karnataka, India – 560004.
Ashray Textiles was incorporated on 10 October 2005. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Ashray Textiles on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 September 2020. Year-wise statements from 2015 are in the company report.
No. Ashray Textiles has 1 GST registration on record and it is cancelled or inactive.
Ashray Textiles operated in the trading industry, in the wholesale segment. It worked in this industry before it was struck off.
Ashray Saraf ceased to be Director on 27 Dec 2014. Anand Saraf was appointed as Managing Director on 10 Oct 2005. Rekha Saraf was appointed as Director on 10 Oct 2005.
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