Basics Style Private Limited
About Basics Style Private Limited
Data last updated:
Basics Style Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 25 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18109MH2007PTC172459. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Iffat Haider Jivan and Yogesh Sharma.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 209 New Sadguru Nanak Industrial Estate Near Jaycoach Goregaon (E), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2016, the company reported a revenue of ₹2.29 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹1,955 (net margin 0%) and EBITDA of ₹52.66 Lakh (EBITDA margin 23%).
As per MCA filings, the company has open charges of ₹4.3 Cr on record. Court records list 22 cases involving the company, including 22 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered Address209 New Sadguru Nanak Industrial Estate Near Jaycoach Goregaon (E), Mumbai, Maharashtra, India – 400063
- IndustryFashion and Textile, Designer & Branded Fashion
- 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
- One PDF report, delivered after checkout
Business Activity of Basics Style Private Limited
The main business activity of Basics Style is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Basics Style Private Limited FY 2016 filings available
Basics Style Private Limited reported revenue of ₹2.29 Cr (down 43% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Basics Style Private Limited
Revenue fell 43% in the latest year. EBITDA fell 18% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Basics Style Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹2.29 Cr | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹52.66 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹1,955 | •••• |
| 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 of Basics Style Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 23% | •••• |
| Net Profit Margin | 0% | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Basics Style are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Basics Style Private Limited
Basics Style 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 |
|---|---|---|---|---|
| Iffat Haider Jivan Also directs: Sportree Basics LLP | Director | 18 Jul 2007 | 19 Years 3 Months | Current |
| Yogesh Sharma | Director | 01 Mar 2010 | 16 Years 7 Months | Current |
Peer Comparison of Basics Style Private Limited
Basics Style Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Branded Wear). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chaitanya Fab Private Limited | ₹2.36 Cr (FY 2021) | •••• | •••• | 25.0% | •••• | Village Rithala, Delhi, India |
| Pantosscope One Private Limited | ₹2.35 Cr (FY 2024) | •••• | •••• | -42.0% | •••• | Mumbai, Maharashtra, India |
| Jay Kay Wears Pvt Ltd | ₹2.34 Cr (FY 2024) | •••• | •••• | -45.0% | •••• | Ludhiana, Punjab, India |
| Benaka Clothing Private Limited | ₹2.34 Cr (FY 2016) | •••• | •••• | -32.0% | •••• | Bangalore, Karnataka, India |
| Officer Fashion Craft Private Limited | ₹2.3 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| Basics Style Private Limited this company | ₹2.29 Cr (FY 2016) | •••• | •••• | -43.0% | •••• | Mumbai, Maharashtra, India |
| Southern Clothing Private Limited | ₹2.28 Cr (FY 2025) | •••• | •••• | 347.0% | •••• | Chennai, Tamil Nadu, India |
| Cesari Fashion Private Limited | ₹2.28 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Ambala, Haryana, India |
| Oxford Industries Limited Listed | ₹2.27 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Mumbai, Maharashtra, India |
| Heads Up Ventures Limited Listed | ₹2.26 Cr (FY 2025) | •••• | •••• | 186.0% | •••• | Palghar, Maharashtra, India |
| RG Garment Industries Private Limited | ₹2.25 Cr (FY 2021) | •••• | •••• | -57.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Basics Style by revenue in the Apparel industry (Branded Wear), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Basics Style Private Limited
Basics Style Private Limited is audited by Y K C & COMPANY for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Y K C & COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Basics Style Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Basics Style Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Sep 2013 | Bank of Maharashtra | ₹2.9 Cr | Open |
| 15 Mar 2011 | Bank of Baroda | ₹1.4 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Basics Style Private Limited
Basics Style Private Limited has 22 court cases on record: 22 filed against it. 1 case is pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 21 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY) | Filed against the company by Ms Indian Fabrics Co Thru Its Manager and Authorized Representative Mr Prajesh Bipin Doshi | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by an individual | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Sunil Textiles | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by M/S Wash Wear Apparels Processors | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp ULP) | Filed against the company by an individual | Disposed |
Full case history
All 22 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Basics Style Private Limited
Employment history and EPFO contributions of people linked to Basics Style.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Basics Style Private Limited
Basics Style Private Limited has 3 board changes on record since 2007: 2 appointments and 1 cessation. The latest: Naseem Haidarali Jivan ceased to be Director on 22 Jul 2015.
Credit Ratings, Litigation & Regulatory Alerts for Basics Style Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Basics Style Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Basics Style Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Basics Style Private Limited
Basics Style has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Basics Style Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Basics Style Private Limited
Basics Style is an active private limited company based in Mumbai, Maharashtra, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 25 April 2008 (18+ years old) and is registered under CIN U18109MH2007PTC172459.
Basics Style reported revenue of ₹2.29 Cr for FY 2016 (down 43% YoY).
Basics Style has 2 current directors:
- Iffat Haider Jivan - Director
- Yogesh Sharma - Director
Basics Style reported a net profit of ₹1,955 (net margin 0%) and EBITDA of ₹52.66 Lakh (EBITDA margin 23%) for FY 2016, as per its filed financial statements.
No. Basics Style has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Basics Style is U18109MH2007PTC172459. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Basics Style has 22 court cases on record: 22 filed against it. 1 is pending. Most are in the district courts.
Basics Style was incorporated on 25 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Basics Style by revenue are Chaitanya Fab Private Limited, Pantosscope One Private Limited, Jay Kay Wears Pvt Ltd, Benaka Clothing Private Limited, Officer Fashion Craft Private Limited and 5 more, all in the Apparel industry (Branded Wear).
Naseem Haidarali Jivan ceased to be Director on 22 Jul 2015. Yogesh Sharma was appointed as Director on 01 Mar 2010. Iffat Haider Jivan was appointed as Director on 18 Jul 2007.
The registered office of Basics Style is at 209 New Sadguru Nanak Industrial Estate Near Jaycoach Goregaon E, Mumbai, Maharashtra, India – 400063.