About Classic Umbrella Pvt Ltd
Data last updated:
Classic Umbrella Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 04 February 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U36992WB1986PTC167720. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹39 Lakh. It was formerly known as Classic Umbrellas Private Limited. It is led by directors Mangilal Parakh and Parkaash Parakh.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 128/1/1 Hazra Road, Kolkata, West Bengal, India – 700026.
As per the financials filed for FY 2018, the company reported a revenue of ₹18.52 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹10.43 Lakh (net margin 0.6%) and EBITDA of ₹66.21 Lakh (EBITDA margin 3.6%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹1.12 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website classicumbrella.in.
Company details
CIN history
Classic Umbrella has one previous CIN (Corporate Identification Number): U36992CT1986PTC003279. The current CIN is U36992WB1986PTC167720, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36992WB1986PTC167720 | Current |
| U36992CT1986PTC003279 | Previous |
Contact details
Classic Umbrella Pvt Ltd's registered office is in Kolkata, West Bengal. Its website is classicumbrella.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address128/1/1 Hazra Road, Kolkata, West Bengal, India – 700026
- IndustryHome & Lifestyle, Lifestyle Products & Accessories Manufacturing
To see the full contact details of Classic Umbrella Pvt Ltd, 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 Classic Umbrella is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Classic Umbrella Pvt Ltd, buy the company report.
Financials of Classic Umbrella Pvt Ltd
FY 2018 filings availableClassic Umbrella Pvt Ltd reported revenue of ₹18.52 Cr (down 23% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over three years, including a 23% fall in the latest year. EBITDA rose 1% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹18.52 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹66.21 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹10.43 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.6% | |||
| Net Profit Margin | 0.6% | |||
| 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 Classic Umbrella Pvt Ltd, buy the company report.
Board of directors of Classic Umbrella Pvt Ltd
Classic Umbrella has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mangilal Parakh Also directs: Akin (India) Pvt Ltd | Director | 31 Mar 1995 | 31 Years 6 Months | Current |
| Parkaash Parakh Also directs: Akin (India) Pvt Ltd | Director | 01 Jan 2000 | 26 Years 9 Months | Current |
Auditor
Classic Umbrella Pvt Ltd is audited by ANAND RAJENDRA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANAND RAJENDRA & CO | FY 2018 | 324092E |
Shareholding
The shareholding of Classic Umbrella Pvt Ltd is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Classic Umbrella Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2010 | 10261966 | Axis Bank Limited | ₹5 Cr | Open | |
| 02 Jul 1990 | 90204740 | State Bank of Indore | ₹12 Lakh | Satisfied | |
| 02 Jul 1990 | 90207102 | State Bank of Indore | ₹7.5 Lakh | Satisfied | |
| 07 Apr 1988 | 90201343 | The Madhya Pradesh Financial Corporation | ₹46 Lakh | Satisfied | |
| 07 Apr 1986 | 90201301 | The Madhya Pradesh Financial Corporation | ₹46 Lakh | Satisfied |
To see the full charge records of Classic Umbrella Pvt Ltd, buy the company report.
Total charge records: 5 View all charges
Legal cases
Classic Umbrella Pvt Ltd has 5 court cases on record: 4 filed by Classic Umbrella, 1 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 2 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed against the company by Axis Bank Limited | Pending |
| Calcutta High Court | Court case (FMAT) | Filed by the company against Axis Bank and Anr. | Disposed |
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against Axis Bank and 1 other | Disposed |
| High Court | Court case (MCC) | Filed by the company against individuals | Disposed |
| High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Classic Umbrella Pvt Ltd, 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 Classic Umbrella Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Classic Umbrella Pvt Ltd has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Classic Umbrella has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Classic Umbrella Pvt Ltd, buy the company report.
Recent activity
Classic Umbrella Pvt Ltd has 4 board changes on record since 1995: 2 appointments and 2 cessations. The latest: Kamala Devi Parakh ceased to be Director on 06 Dec 2010.
8 earlier events are in the company report.
Frequently asked questions
Classic Umbrella is an active private limited company based in Kolkata, West Bengal, India. The company works in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 04 February 1986 (40+ years old) and is registered under CIN U36992WB1986PTC167720.
Classic Umbrella has 2 current directors:
- Mangilal Parakh - Director
- Parkaash Parakh - Director
The latest financial statements of Classic Umbrella on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Classic Umbrella has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Classic Umbrella is U36992WB1986PTC167720. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Classic Umbrella has 5 court cases on record: 4 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Classic Umbrella was incorporated on 04 February 1986, making it 40+ years old. It is registered with the Registrar of Companies, Kolkata.
Kamala Devi Parakh ceased to be Director on 06 Dec 2010. Pravin Parakh ceased to be Director on 06 Dec 2010. Parkaash Parakh was appointed as Director on 01 Jan 2000. Classic Umbrella has 4 board changes on record in total.
Classic Umbrella can be reached through the website classicumbrella.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Classic Umbrella is at 12811 Hazra Road, Kolkata, West Bengal, India – 700026.