MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-PB-17-0003083
Basis Clothing Private Limited
Basis Clothing Private Limited - fashion and textile in Patiala, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹4.42 Cr
▼ 26% YoY
Net loss · FY 2023
₹17.64 Lakh
Net margin -4%
EBITDA · FY 2023
-₹16.3 Lakh
EBITDA margin -3.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
4
of 5 registered
About Basis Clothing Private Limited
Data last updated:
Basis Clothing Private Limited is a private limited company based in Patiala, Punjab, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 02 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U18203PB2020PTC052219. Its GSTIN is 03AAJCB4008K1ZX (Punjab). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hardik Malhotra and Mohit Madhok.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at House Number 59 Rose Avenue, Patiala, Punjab, India – 147001.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.42 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹17.64 Lakh (net margin -4%) and EBITDA of -₹16.3 Lakh (EBITDA margin -3.7%).
Basis Clothing Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-17-0003083).
Company details
CIN U18203PB2020PTC052219
Registration Number 052219
Incorporation Date 02 November 2020
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-PB-17-0003083
Key People
Hardik Malhotra Director Mohit Madhok Director Recognitions & Rankings of Basis Clothing
Contact details
Basis Clothing Private Limited's registered office is in Patiala, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse Number 59 Rose Avenue, Patiala, Punjab, India – 147001
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Basis Clothing Private Limited, buy the company report.
Comprehensive company report
Basis Clothing 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Basis Clothing is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Basis Clothing Private Limited, buy the company report.
Financials of Basis Clothing Private Limited
FY 2023 filings availableBasis Clothing Private Limited reported revenue of ₹4.42 Cr (down 26% YoY) for FY 2023.
Revenue · FY 2023
₹4.42 Cr ▼ 26%
Net loss · FY 2023
₹17.64 Lakh margin -4%
EBITDA · FY 2023
-₹16.3 Lakh margin -3.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 26%
EBITDA CAGR growth
1 year
▼ 312%
Revenue fell 26% in the latest year. EBITDA fell 312% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| 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 | -₹16.3 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹17.64 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -3.7% | ||
| Net Profit Margin | -4% | ||
| 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 Basis Clothing Private Limited, buy the company report.
Board of directors of Basis Clothing Private Limited
Basis Clothing has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hardik Malhotra Also directs: Enov Labs Private Limited, Magna Forma Private Limited | Director | 02 Nov 2020 | 5 Years 11 Months | Current |
| Mohit Madhok | Director | 02 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Basis Clothing Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rvinc Private Limited | ₹4.45 Cr (FY 2025) | 66.0% | Ernakulam, Kerala, India | |||
| Basis Clothing Private Limitedthis company | ₹4.42 Cr (FY 2023) | -₹17.64 Lakh | -4% | -26.0% | Patiala, Punjab, India | |
| Sign Fashion India Private Limited | ₹4.41 Cr (FY 2019) | -10.0% | Bangalore, Karnataka, India | |||
| Almost Gods Designs Private Limited | ₹4.4 Cr (FY 2024) | 124.0% | New Delhi, Delhi, India |
To see the full peer comparison of Basis Clothing Private Limited, buy the company report.
Auditor
Basis Clothing Private Limited is audited by SUKHPREET NAZAKAT & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUKHPREET NAZAKAT & ASSOCIATES | FY 2022 | 017507N |
Shareholding
The shareholding of Basis Clothing Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Basis Clothing Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Basis Clothing 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 Basis Clothing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Basis Clothing Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
Basis Clothing has 5 GST registrations: 4 active and 1 cancelled or inactive.
Total GSTINs
5
Active
4
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAJCB4008K1ZX | Punjab | Active | 02 Nov 2020 |
| 06AAJCB4008K1ZR | Haryana | Active | 09 Mar 2021 |
| 29AAJCB4008K1ZJ | Karnataka | Active | 09 Mar 2021 |
| 19AAJCB4008K1ZK | West Bengal | Active | 19 Jul 2022 |
To see the full GST registrations and return filing status of Basis Clothing Private Limited, buy the company report.
Recent activity
Basis Clothing Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Hardik Malhotra was appointed as Director on 02 Nov 2020.
AGM
Basis Clothing Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Basis Clothing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
Appointed
Hardik Malhotra was appointed as Director.
Appointed
Mohit Madhok was appointed as Director.
Incorporation
02 Nov 2020
Basis Clothing Private Limited was registered on 02 Nov 2020 with Roc Chandigarh & aged 5 years 11 months as per MCA records.
Frequently asked questions
Basis Clothing is an active private limited company based in Patiala, Punjab, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 02 November 2020 (6+ years old) and is registered under CIN U18203PB2020PTC052219.
Basis Clothing has 2 current directors:
- Hardik Malhotra - Director
- Mohit Madhok - Director
The latest financial statements of Basis Clothing on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Basis Clothing is 03AAJCB4008K1ZX, registered in Punjab. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 06AAJCB4008K1ZR (Haryana), 29AAJCB4008K1ZJ (Karnataka), 19AAJCB4008K1ZK (West Bengal).
The CIN (Corporate Identification Number) of Basis Clothing is U18203PB2020PTC052219. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Basis Clothing was incorporated on 02 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Basis Clothing by revenue are Rvinc Private Limited, Sign Fashion India Private Limited, Almost Gods Designs Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading).
Hardik Malhotra was appointed as Director on 02 Nov 2020. Mohit Madhok was appointed as Director on 02 Nov 2020.
Yes, Basis Clothing is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-17-0003083).
The registered office of Basis Clothing is at House Number 59 Rose Avenue, Patiala, Punjab, India – 147001.
Basis Clothing operates in the fashion and textile industry, in the fashion retail segment.