Cross Apparels Private Limited
About Cross Apparels Private Limited
Data last updated:
Cross Apparels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 21 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18204MH2011PTC223331. Its GSTIN is 27AAECC6052F1ZU (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Darshan Narendra Shah and Mitesh Sisodiya Nandlal.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 534 Atlantic Plaza Garage Gully Near Tilak Bhuvan Dadar West, Mumbai, Maharashtra, India – 400028.
As per the financials filed for FY 2021, the company reported a revenue of ₹5.28 Cr, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹28.67 Lakh (net margin -5.4%) and EBITDA of ₹12.54 Lakh (EBITDA margin 2.4%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 27% over five years.
As per MCA filings, the company has open charges of ₹12.25 Cr on record. Court records list 14 cases involving the company, including 14 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Cross Apparels Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address534 Atlantic Plaza Garage Gully Near Tilak Bhuvan Dadar West, Mumbai, Maharashtra, India – 400028
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Cross Apparels Private Limited, 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 Cross Apparels is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Cross Apparels Private Limited, buy the company report.
Financials of Cross Apparels Private Limited
FY 2021 filings availableCross Apparels Private Limited reported revenue of ₹5.28 Cr (down 82% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 82% fall in the latest year. EBITDA fell 85% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹5.28 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹12.54 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹28.67 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.4% | ||||
| Net Profit Margin | -5.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Cross Apparels Private Limited, buy the company report.
Board of directors of Cross Apparels Private Limited
Cross Apparels has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darshan Narendra Shah | Director | 21 Oct 2011 | 15 Years 0 Months | Current |
| Mitesh Sisodiya Nandlal | Director | 21 Oct 2011 | 15 Years 0 Months | Current |
Auditor
Cross Apparels Private Limited is audited by J M GADA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J M GADA & ASSOCIATES | FY 2021 | 113653W |
Shareholding
The shareholding of Cross Apparels Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cross Apparels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Aug 2017 | 100121605 | Others | ₹75 Lakh | Open | |
| 19 Jan 2017 | 100077251 | Others | ₹1 Cr | Open | |
| 25 Jul 2016 | 100042078 | Others | ₹90 Lakh | Open | |
| 05 Mar 2016 | 100017018 | Others | ₹50 Lakh | Open | |
| 30 Apr 2015 | 10568954 | The Cosmos Co-Op Bank Limited | ₹90 Lakh | Open |
To see the full charge records of Cross Apparels Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Cross Apparels Private Limited has 14 court cases on record: 14 filed against it. 4 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 13 | 4 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Stella Moda Fab LLP | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Dewan Housing Finance Corporation Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
| District court, Chennai, Tamil Nadu | Criminal case | Filed against the company by M/S. Equitas Small Finance Bank Limited Rep by Its Power of Agent L. Lingadurai | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by M/S. Equitas Small Finance Bank Limited Rep by Its Power of Agent D. Arjun | Disposed |
To see the full case history of Cross Apparels Private Limited, 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 Cross Apparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cross Apparels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECC6052F1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cross Apparels Private Limited, buy the company report.
Recent activity
Cross Apparels Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Nandlal Panalal Sisodiya ceased to be Director on 16 Mar 2016.
6 earlier events are in the company report.
Frequently asked questions
Cross Apparels is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 21 October 2011 (15+ years old) and is registered under CIN U18204MH2011PTC223331.
Cross Apparels has 2 current directors:
- Darshan Narendra Shah - Director
- Mitesh Sisodiya Nandlal - Director
The latest financial statements of Cross Apparels on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Cross Apparels is 27AAECC6052F1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Cross Apparels is U18204MH2011PTC223331. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cross Apparels has 14 court cases on record: 14 filed against it. 4 are pending. Most are in the district courts.
Cross Apparels was incorporated on 21 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Nandlal Panalal Sisodiya ceased to be Director on 16 Mar 2016. Shweta Darshan Shah ceased to be Director on 16 Mar 2016. Sweety Mitesh Sisodiya ceased to be Director on 16 Mar 2016. Cross Apparels has 5 board changes on record in total.
The registered office of Cross Apparels is at 534 Atlantic Plaza Garage Gully Near Tilak Bhuvan Dadar West, Mumbai, Maharashtra, India – 400028.
Cross Apparels operates in the manufacturing industry, in the textile and fabric production segment.