Destination Texofab Private Limited
About Destination Texofab Private Limited
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Destination Texofab Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 17 March 2008.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18101DL2008PTC175454.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ravi Kumar and Suresh Rai.
Its last annual general meeting (AGM) was held on 15 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 106 T – 10 Main Patel Nagar Road Guruarjun Nagar Shadi Khampur, New Delhi, Delhi, India – 110008.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.41 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹5.41 Lakh (net margin -158.5%) and EBITDA of -₹8.59 Lakh (EBITDA margin -251.7%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 51% over five years.
Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
Company details
Contact details
Destination Texofab Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address106 T – 10 Main Patel Nagar Road Guruarjun Nagar Shadi Khampur, New Delhi, Delhi, India – 110008
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Destination Texofab 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 Destination Texofab is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Destination Texofab Private Limited, buy the company report.
Financials of Destination Texofab Private Limited
FY 2021 filings availableDestination Texofab Private Limited reported revenue of ₹3.41 Lakh (down 100% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 51% over five years. EBITDA fell 79% 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 |
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| EBITDA | -₹8.59 Lakh | ||||
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| Net Profit (PAT) | -₹5.41 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -251.7% | ||||
| Net Profit Margin | -158.5% | ||||
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To see the full financial statements and ratios of Destination Texofab Private Limited, buy the company report.
Board of directors of Destination Texofab Private Limited
Destination Texofab has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Kumar | Director | 28 Apr 2018 | 8 Years 6 Months | As last reported |
| Suresh Rai Also directs: Sunali Infrastructures Private Limited, Saha Buildestates Private Limited, GPN Associates Private Limited and 5 more | Director | 28 Apr 2018 | 8 Years 6 Months | As last reported |
Peer comparison
Destination Texofab Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rewari Trading Services Private Limited | ₹3.42 Lakh (FY 2021) | Rewari, Haryana, India | ||||
| Freedom Life India Nidhi Limited | ₹3.42 Lakh (FY 2018) | 190.0% | Orai, Uttar Pradesh, India | |||
| Rankasons Finlease India Private Limited | ₹3.41 Lakh (FY 2025) | 19.0% | Hyderabad, Telangana, India | |||
| AI Forex Private Limited | ₹3.41 Lakh (FY 2021) | -100.0% | Pune, Maharashtra, India | |||
| MKB Securities Private Limited | ₹3.41 Lakh (FY 2017) | -50.0% | Kolkata, West Bengal, India | |||
| Destination Texofab Private Limitedthis company | ₹3.41 Lakh (FY 2021) | -₹5.41 Lakh | -158.5% | -100.0% | New Delhi, Delhi, India | |
| Plustech Mercantile Company Private Limited | ₹3.41 Lakh (FY 2016) | -45.0% | Mumbai, Maharashtra, India | |||
| Sumu Financial Services Private Limited | ₹3.41 Lakh (FY 2025) | 11.0% | Delhi, India | |||
| Ag Mercantile Company Private Limited | ₹3.41 Lakh (FY 2016) | -45.0% | Mumbai, Maharashtra, India | |||
| Shri Fakkireshwar Chits Private Limited | ₹3.41 Lakh (FY 2015) | Laxmeshwar, Karnataka, India | ||||
| Shefali Farms Private Limited | ₹3.41 Lakh (FY 2025) | Mumbai, Maharashtra, India |
To see the full peer comparison of Destination Texofab Private Limited, buy the company report.
Auditor
Destination Texofab Private Limited is audited by CA ANIL KUMAR for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CA ANIL KUMAR | FY 2017 | 86223 |
Shareholding
The shareholding of Destination Texofab Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Destination Texofab Private Limited, buy the company report.
Legal cases
Destination Texofab Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 2 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed against the company by Trans Globe Textiles Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SPL.CASE) | Filed against the company by an individual | Pending |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed against the company by an individual | Disposed |
To see the full case history of Destination Texofab 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 Destination Texofab Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Destination Texofab Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Destination Texofab Private Limited has 8 board changes on record since 2015: 2 appointments and 6 cessations. The latest: Ravi Kumar ceased to be Additional Director on 03 Sep 2018.
Frequently asked questions
Destination Texofab is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Destination Texofab is a company under liquidation, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in other wholesale, within the trading industry. It was incorporated on 17 March 2008 and is registered under CIN U18101DL2008PTC175454. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Destination Texofab has 2 current directors:
- Ravi Kumar - Director
- Suresh Rai - Director
The latest financial statements of Destination Texofab on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 15 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Destination Texofab is U18101DL2008PTC175454. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Destination Texofab has 3 court cases on record: 3 filed against it. 1 is pending. Most are in the nclt.
Destination Texofab was incorporated on 17 March 2008. It is registered with the Registrar of Companies, Delhi.
The peers of Destination Texofab by revenue are Rewari Trading Services Private Limited, Freedom Life India Nidhi Limited, Rankasons Finlease India Private Limited, AI Forex Private Limited, MKB Securities Private Limited and 5 more, all in the same principal business activity (other financial activities).
Ravi Kumar ceased to be Additional Director on 03 Sep 2018. Suresh Rai ceased to be Additional Director on 03 Sep 2018. Ashish Mishra ceased to be Director on 30 Apr 2018. Destination Texofab has 8 board changes on record in total.
The registered office of Destination Texofab is at 106 T – 10 Main Patel Nagar Road Guruarjun Nagar Shadi Khampur, New Delhi, Delhi, India – 110008.
Destination Texofab operates in the trading industry, in the other wholesale segment.