Cravatex Limited logo

Cravatex Limited

A company that started as a chain of dyers and dry cleaners, now specializes in global retail, distribution, and sourcing of fitness equipment and sports apparel.

1951 Mumbai, Maharashtra (India) Active

About

Basic Data Updated:

10 days ago
Cravatex Limited (CL) was founded in India on 22 June 1951 and has a glorious history of 73 years and one month. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 509472.

The Corporate was formerly known as The Bombay Power Laundry P Ltd. The Company is engaged in the Fashion And Accessories Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 15.00 cr and a paid-up capital of Rs 2.58 cr.

The Corporate has already closed loans amounting to ₹225.33 cr, and has no open charges as per the Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Cravatex Limited India are Divakar Kamath as Cfo and Sudhanshu Namdeo as Company Secretary. Rajesh Batra, Santhanam Narayanaswamy, Pheroza Bilimoria, and Four other members serve as directors at the Company.

Industry

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL93010MH1951PLC008546
Company No.008546
Stock Symbol BSE : 509472
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date22 Jun 1951
Date of AGM04 Aug 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Mumbai

Financials of Cravatex Limited

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Cravatex Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.29% increase. The company also saw a substantial fall in profitability, with a 718.49% decrease in profit. The company's net worth observed a substantial decline by a decrease of 66.18%.

Corporate Structure

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People in Cravatex Limited

Executive Team (3)

  • RB

    Rajesh Batra In Managing Director

    Appointment Date: 30-Nov-1981

    Status: Current

  • DK

    Divakar Kamath In CFO

    Appointment Date: 26-Aug-2016

    Status: Current

  • SN

    Sudhanshu Namdeo In Company Secretary

    Appointment Date: 15-Nov-2010

    Status: Current

Board Members(6)

Charges (Loans)

Satisfied Charges

₹225.33 cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 21 Jun 2021
₹10.83 CrSatisfied

Hdfc Bank Limited

Creation Date: 11 Dec 2017
₹4.00 CrSatisfied

Hdfc Bank Limited

Creation Date: 02 Dec 2017
₹85.00 CrSatisfied

Deals i

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Rating

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Alert

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Recent activity within the organization

  • Activity

    Director Appointment

    Satyan Shivkumar Israni was appointed as a Additional Director was appointed as a Additional Director on 24 Feb 2024 & has been associated with this company since 4 months 30 days .

    24 Feb 2024
  • Activity

    Director Appointment

    Nakul Toshniwal was appointed as a Additional Director was appointed as a Additional Director on 22 Feb 2024 & has been associated with this company since 5 months 1 day .

    22 Feb 2024
  • Activity

    Annual General Meeting

    Cravatex Limited last Annual general meeting of members was held on 04 Aug 2023 as per latest MCA records.

    04 Aug 2023
  • Activity

    Charges

    A charge registered on 21 Jun 2021 via Charge ID 100457197 with Hdfc Bank Limited was fully satisfied on 29 Apr 2023.

    29 Apr 2023
  • Activity

    Charges

    A charge registered on 02 Dec 2017 via Charge ID 100143387 with Hdfc Bank Limited was fully satisfied on 29 Apr 2023.

    29 Apr 2023

Frequently asked questions

What is the Incorporation or founding date of Cravatex Limited?

Cravatex Limited was incorporated 73 years 1 month ago on 22 Jun 1951 with Registrar of Companies Roc Mumbai.

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