
About Fancy Yarn Bazar
Fancy Yarn Bazar was an Industrial Goods & Manufacturing company based in Gurugram (India) founded in 2016. It delivers a cloud-based trading platform for textile yarns and related solutions. It operates on a B2B model. Its Indian entity Act Tex Yarn Private Limited reported revenue of βΉ3.50 Cr. The company is recorded as dissolved. Its focus areas include Textiles and Apparel, Textile Trading, Online Platforms and Yarn Commerce. Its competitors include Fabrito, The Yarn Bazaar and XSTOK; 3 of its 3 listed competitors have raised funding.
Company details
Fancy Yarn Bazar operates with a B2B model, focusing on textiles and apparel, textile trading, online platforms, and yarn commerce. Delivers a cloud-based trading platform for textile yarns and related solutions. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Gurugram, India
- SectorsIndustrial Goods & Manufacturing
- Website ww25.fancyyarnbazar.com
- Social X Facebook
- Legal Name Act Tex Yarn Private Limited
- Date of Incorporation 17 Oct, 2017
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹3.50 Cr
FY 2021 · +21% YoY
- Net Loss-₹4.6 Lakh
FY 2021 · -1% margin
- EBITDA₹2.8 Lakh
FY 2021 · 1% margin
Associated legal entities of Fancy Yarn Bazar
Fancy Yarn Bazar operates through Act Tex Yarn Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Act Tex Yarn Private Limited CIN U74999HR2017PTC071175 | Active | 17 Oct 2017 | Gurgaon, Haryana | ₹3.5 Cr | 2 | View details |
Board of directors of Act Tex Yarn Private Limited (Fancy Yarn Bazar)
Act Tex Yarn Private Limited is the primary company behind Fancy Yarn Bazar. The board of Act Tex Yarn Private Limited currently have 2 directors; the longest-serving is Alok Kumar Jain, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Alok Kumar Jain DIN 07721726 | Director | 17 Oct 2017 | 9 yrs | Act Tex Yarn Private Limited |
| Namrata Jain DIN 07953869 | Director | 17 Oct 2017 | 9 yrs | Act Tex Yarn Private Limited |
Financials of Fancy Yarn Bazar
Figures of Act Tex Yarn Private Limited, the primary company behind Fancy Yarn Bazar, for FY 2021. Revenue was ₹3.50 Cr (+21% year on year). Net loss was -₹4.6 Lakh (-1% margin). EBITDA was ₹2.8 Lakh (1% margin). Revenue has grown at a compounded annual rate of +189% over three years.
- ₹3.50 CrRevenue · FY 2021 · +21% YoY
- -₹4.6 LakhNet loss · -1% margin
- ₹2.8 LakhEBITDA · 1% margin
- ₹10 LakhPaid-up capital
- +189%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Act Tex Yarn Private Limited are on its company page.
Detailed financial statements for Fancy Yarn Bazar
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Competitors of Fancy Yarn Bazar
Fancy Yarn Bazar has 3 listed competitors in our database, 3 of them funded. They include Fabrito, The Yarn Bazaar and XSTOK.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fabrito.in | 2022 | Gurugram, India | $447,934 | Fabrics are sourced and purchased via an online platform. | ||
| theyarnbazaar.com | 2017 | Bengaluru, India | $1.96M | 10 | Yarns are traded via an online B2B marketplace platform. | |
| xstok.com | 2015 | Mumbai, India | $1.93M | Auction-based marketplace platform offering B2B textile |
Detailed competitors of Fancy Yarn Bazar
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Top companies in Textile & Yarn Production
3 companies that operate in the same segment as Fancy Yarn Bazar (Textile & Yarn Production) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bicycle manufacturing, sales, and accessory services in India. | 1956 | Gurugram, Haryana, India | USD 246.88 M | 2,472 | ||
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | Ujjain, Madhya Pradesh, India | USD 18.65 B | 47,020 | ||
Home textile products are manufactured, retailed, and distributed globally. | 1985 | Bengaluru, Karnataka, India | USD 253.24 M | 8,060 |
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Frequently Asked Questions about Fancy Yarn Bazar
Fancy Yarn Bazar was founded in 2016.
Fancy Yarn Bazar is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
The primary company behind Fancy Yarn Bazar, Act Tex Yarn Private Limited, reported revenue of βΉ3.50 Cr for FY 2021, up 21% year on year.
Fancy Yarn Bazar operates with a B2B model, focusing on textiles and apparel, textile trading, online platforms, and yarn commerce. Delivers a cloud-based trading platform for textile yarns and related solutions. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Fancy Yarn Bazar's top competitors include Fabrito, The Yarn Bazaar and XSTOK.
Fancy Yarn Bazar operates through Act Tex Yarn Private Limited.
The legal entities of Fancy Yarn Bazar currently have 2 directors, including Alok Kumar Jain, Namrata Jain.