Avik Hosiery Private Limited
About Avik Hosiery Private Limited
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Avik Hosiery Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 29 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U17299WB2004PTC098215.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹99.5 Lakh. It is led by directors including Krishnendu Das (Managing Director) and Sova Rani Das (Whole-Time Director).
Its last annual general meeting (AGM) was held on 14 August 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 3 Ambika Mukherjee Road Belghoria, Kolkata, West Bengal, India – 700056.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.17 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹18,864 (net margin 0.2%) and EBITDA of ₹22.04 Lakh (EBITDA margin 18.8%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 28% over five years.
As per MCA filings, the company has satisfied charges of ₹1.98 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Avik Hosiery Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3 Ambika Mukherjee Road Belghoria, Kolkata, West Bengal, India – 700056
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Avik Hosiery 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 Avik Hosiery 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 |
To see the full business activity and turnover split of Avik Hosiery Private Limited, buy the company report.
Financials of Avik Hosiery Private Limited
FY 2021 filings availableAvik Hosiery Private Limited reported revenue of ₹1.17 Cr (up 14% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 14% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 28%. EBITDA fell 9% 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 | ₹1.17 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹22.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18,864 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.8% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Avik Hosiery Private Limited, buy the company report.
Board of directors of Avik Hosiery Private Limited
Avik Hosiery has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sova Rani Das | Whole-Time Director | 29 Mar 2004 | 22 Years 7 Months | Current |
| Avik Das | Whole-Time Director | 29 Mar 2004 | 22 Years 7 Months | Current |
| Krishnendu Das | Managing Director | 29 Mar 2004 | 22 Years 7 Months | Current |
| Tumpa Das | Whole-Time Director | 17 Feb 2011 | 15 Years 8 Months | Current |
Peer comparison
Avik Hosiery Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Hosiery, Textiles), 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 |
|---|---|---|---|---|---|---|
| Hardeep Synthetic Mills Private Limited | ₹1.17 Cr (FY 2025) | 109.0% | Ahmedabad, Gujarat, India | |||
| M S K Tex Private Limited | ₹1.17 Cr (FY 2025) | 1863.0% | Sathyamangalam Tk, Tamil Nadu, India | |||
| Pattern Apparel Private Limited | ₹1.17 Cr (FY 2023) | 0.0% | Ahmedabad, Gujarat, India | |||
| Avik Hosiery Private Limitedthis company | ₹1.17 Cr (FY 2021) | ₹18,864 | 0.2% | 14.0% | Kolkata, West Bengal, India | |
| Aswathy Clothings Private Limited | ₹1.17 Cr (FY 2024) | 6.0% | Thiruvananthapuram, Kerala, India | |||
| Raj Techno Fab Engineers Private Limited | ₹1.17 Cr (FY 2024) | -7.0% | Jaipur, Rajasthan, India | |||
| Riddhi Knitwear Private Limited | ₹1.17 Cr (FY 2025) | 62.0% | Shirpur, Maharashtra, India | |||
| Prakruti Textiles Private Limited | ₹1.17 Cr (FY 2025) | -17.0% | Shirpur, Maharashtra, India |
To see the full peer comparison of Avik Hosiery Private Limited, buy the company report.
Auditor
Avik Hosiery Private Limited is audited by KUMARROY BARMAN PRASANTA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMARROY BARMAN PRASANTA & ASSOCIATES | FY 2019 | 330634E |
Shareholding
The shareholding of Avik Hosiery 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 Avik Hosiery Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2011 | 10349443 | Bank of Baroda | ₹42.5 Lakh | Satisfied | |
| 18 Oct 2004 | 90254455 | Others | ₹1.55 Cr | Satisfied |
To see the full charge records of Avik Hosiery Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Avik Hosiery Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Tata Capital Financial Limited | Disposed |
To see the full case history of Avik Hosiery 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 Avik Hosiery Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avik Hosiery Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
No GST registration is on our record for Avik Hosiery Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Avik Hosiery Private Limited has 9 board changes on record since 2004: 4 appointments and 5 cessations. The latest: Kaushik Das ceased to be Director on 20 Jul 2021.
5 earlier events are in the company report.
Frequently asked questions
Avik Hosiery is an active private limited company based in Kolkata, West Bengal, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 29 March 2004 (22+ years old) and is registered under CIN U17299WB2004PTC098215.
Avik Hosiery has 4 current directors:
- Krishnendu Das - Managing Director
- Sova Rani Das - Whole-Time Director
- Avik Das - Whole-Time Director
- Tumpa Das - Whole-Time Director
The latest financial statements of Avik Hosiery on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 14 August 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Avik Hosiery is U17299WB2004PTC098215. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avik Hosiery has 1 court case on record: 1 filed against it.
Avik Hosiery was incorporated on 29 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Avik Hosiery by revenue are Hardeep Synthetic Mills Private Limited, M S K Tex Private Limited, Pattern Apparel Private Limited, Aswathy Clothings Private Limited, Raj Techno Fab Engineers Private Limited and 2 more, all in the Manufacturing industry (Hosiery, Textiles), with the same principal business activity (textile, leather and other apparel products).
Kaushik Das ceased to be Director on 20 Jul 2021. Avik Das ceased to be Director on 01 Aug 2012. Sova Rani Das ceased to be Director on 01 Aug 2012. Avik Hosiery has 9 board changes on record in total.
The registered office of Avik Hosiery is at 3 Ambika Mukherjee Road Belghoria, Kolkata, West Bengal, India – 700056.
Avik Hosiery operates in the manufacturing industry, in the textile and fabric production segment.
Avik Hosiery has no open charges and satisfied charges of ₹1.98 Cr as per latest MCA filings.
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