Finewear Exports Private Limited

Finewear Exports Private Limited - financial services in Mumbai, Maharashtra, India. MCA registration details.
CIN U51100MH1979PTC021479 Incorporated 19 July 1979 ROC Mumbai HQ Mumbai, Maharashtra, India
Converted to LLP Private Limited Company financial services
Data last updated
Revenue · FY 2016
₹50.11 Lakh
▲ 9% YoY
Net profit · FY 2016
₹29.53 Lakh
Net margin 58.9%
EBITDA · FY 2016
₹42.95 Lakh
EBITDA margin 85.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹99 Lakh
Issued & subscribed
Company age
47 yrs
Est. 1979
GST registrations
1
None active
Last financials
Mar 2016
Balance sheet date

About Finewear Exports Private Limited

Data last updated:

Finewear Exports Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the microfinance institutions segment of the financial services sector. It was incorporated on 19 July 1979.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51100MH1979PTC021479. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹99 Lakh.

Its last annual general meeting (AGM) was held on 19 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Sidhwa House Colaba Fire Station N A Sawant Marg Colaba, Mumbai, Maharashtra, India – 400005.

As per the financials filed for FY 2016, the company reported a revenue of ₹50.11 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹29.53 Lakh (net margin 58.9%) and EBITDA of ₹42.95 Lakh (EBITDA margin 85.7%).

Court records list 1 case involving the company, including 1 filed by the company.

Company details

CIN U51100MH1979PTC021479
Registration Number 021479
Incorporation Date 19 July 1979
ROC Mumbai
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 19 September 2016
Date of Balance Sheet 31 March 2016

Contact details

Finewear Exports Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Sidhwa House Colaba Fire Station N A Sawant Marg Colaba, Mumbai, Maharashtra, India – 400005
  • Industry
    Financial Services, Microfinance Institutions

To see the full contact details of Finewear Exports Private Limited, buy the company report.

Comprehensive company report
Finewear Exports 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
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Financials of Finewear Exports Private Limited

FY 2016 filings available

Finewear Exports Private Limited reported revenue of ₹50.11 Lakh (up 9% YoY) for FY 2016.

Revenue · FY 2016
₹50.11 Lakh ▲ 9%
Net profit · FY 2016
₹29.53 Lakh margin 58.9%
EBITDA · FY 2016
₹42.95 Lakh margin 85.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 9%
EBITDA CAGR growth
1 year
▲ 6%

Revenue rose 9% in the latest year. EBITDA rose 6% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹50.11 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹42.95 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹29.53 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

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin85.7%
Net Profit Margin58.9%
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 Finewear Exports Private Limited, buy the company report.

Board of directors of Finewear Exports Private Limited

Finewear Exports has 5 former directors on record and no current directors listed.

Peer comparison

Finewear Exports Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Micro Finance), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Kurunji Nidhi Limited₹50.62 Lakh (FY 2024)-29.0%Nagercoil, Tamil Nadu, India
Dhanamjai Nidhi Limited₹50.46 Lakh (FY 2025)6.0%Thiruvananthapuram, Kerala, India
Vee Kay Chits Private Limited₹50.32 Lakh (FY 2024)78.0%Lucknow, Uttar Pradesh, India
Sukhibhava Chit Fund Private Limited₹50.24 Lakh (FY 2025)8.0%Andhra Pradesh, India
Little Flower Kuries and Enterprises Ltd₹50.12 Lakh (FY 2024)94.0%Ernakulam, Kerala, India
Finewear Exports Private Limitedthis company₹50.11 Lakh (FY 2016)₹29.53 Lakh58.9%9.0%Mumbai, Maharashtra, India
Sri Shadakshri Chits Private Limited₹50.09 Lakh (FY 2024)155.0%Bangalore, Karnataka, India
Manahitha Chit Funds Private Limited₹50.04 Lakh (FY 2024)-14.0%Godavarikhani, Telangana, India
Atd Fintech Services Private Limited₹49.96 Lakh (FY 2024)51.0%New Delhi, Delhi, India
CGR Chit Fund Private Limited₹49.86 Lakh (FY 2025)3.0%Hyderabad, Telangana, India
Jyothis Nidhi Limited₹49.82 Lakh (FY 2024)-2.0%Ernakulam, Kerala, India

To see the full peer comparison of Finewear Exports Private Limited, buy the company report.

Auditor

Finewear Exports Private Limited is audited by M B ADVANI & CO for the financial year 2016.

Auditor firmFinancial yearFirm registration number
M B ADVANI & COFY 2016100052W

Shareholding

The shareholding of Finewear Exports Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2016
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Finewear Exports Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Finewear Exports Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Finewear Exports has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Finewear Exports Private Limited, buy the company report.

Recent activity

Finewear Exports Private Limited has 5 board changes on record since 2015: 0 appointments and 5 cessations. The latest: Ashok Naraindas Lekhraj ceased to be Managing Director on 20 Aug 2017.

Ceased
Ashok Naraindas Lekhraj ceased to be Managing Director.
Ceased
Bhagwan Naraindas Lekhraj ceased to be Director.
Ceased
Rajan Naraindas Lekhraj ceased to be Director.
Ceased
Saroj Anil Kakodker ceased to be Director.
AGM
Finewear Exports Private Limited last Annual general meeting of members was held on 19 Sep 2016 as per latest MCA records.
Filing
Finewear Exports Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai.
Ceased
Prakash Narain Lekhraj ceased to be Director.
Incorporation
19 Jul 1979
Finewear Exports Private Limited was registered on 19 Jul 1979 with Roc Mumbai & aged 47 years 3 months as per MCA records.

Frequently asked questions

Finewear Exports has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Finewear Exports was a private limited company based in Mumbai, Maharashtra, India. The company worked in microfinance institutions, within the financial services industry. It was incorporated on 19 July 1979 and is registered under CIN U51100MH1979PTC021479. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Finewear Exports is U51100MH1979PTC021479. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Finewear Exports was incorporated on 19 July 1979. It is registered with the Registrar of Companies, Mumbai.

The registered office of Finewear Exports is at Sidhwa House Colaba Fire Station N A Sawant Marg Colaba, Mumbai, Maharashtra, India – 400005.

The latest financial statements of Finewear Exports on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 19 September 2016. Year-wise statements from 2015 are in the company report.

No. Finewear Exports has 1 GST registration on record and it is cancelled or inactive.

Finewear Exports operated in the financial services industry, in the microfinance institutions segment.

The peers of Finewear Exports by revenue are Kurunji Nidhi Limited, Dhanamjai Nidhi Limited, Vee Kay Chits Private Limited, Sukhibhava Chit Fund Private Limited, Little Flower Kuries and Enterprises Ltd and 5 more, all in the BFSI industry (Micro Finance).

Finewear Exports has 1 court case on record: 1 filed by the company.

Ashok Naraindas Lekhraj ceased to be Managing Director on 20 Aug 2017. Bhagwan Naraindas Lekhraj ceased to be Director on 20 Aug 2017. Rajan Naraindas Lekhraj ceased to be Director on 20 Aug 2017. Finewear Exports has 5 board changes on record in total.