Global Apparel Designs & Sourcing Solutions Private Limited
About Global Apparel Designs & Sourcing Solutions Private Limited
Data last updated:
Global Apparel Designs & Sourcing Solutions Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 24 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18109DL2012PTC232020. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Arvind Ahuja and Krishan Kumar Sharma.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 136 Ambika Vihar Upper Ground Floor Paschim Vihar, New Delhi, Delhi, India – 110087.
As per the financials filed for FY 2016, the company reported a revenue of ₹30.66 Cr, a growth of 138% compared to the previous year. For the same year it recorded a net profit of ₹1.76 Lakh (net margin 0.1%) and EBITDA of ₹37.01 Lakh (EBITDA margin 1.2%).
As per MCA filings, the company has open charges of ₹2.49 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Global Apparel Designs & Sourcing Solutions 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 Address136 Ambika Vihar Upper Ground Floor Paschim Vihar, New Delhi, Delhi, India – 110087
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Global Apparel Designs & Sourcing Solutions 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 Global Apparel Designs & Sourcing Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Global Apparel Designs & Sourcing Solutions Private Limited, buy the company report.
Financials of Global Apparel Designs & Sourcing Solutions Private Limited
FY 2016 filings availableGlobal Apparel Designs & Sourcing Solutions Private Limited reported revenue of ₹30.66 Cr (up 138% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 138% in the latest year. EBITDA rose 262% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹30.66 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹37.01 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.76 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.2% | |
| Net Profit Margin | 0.1% | |
| 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 Global Apparel Designs & Sourcing Solutions Private Limited, buy the company report.
Board of directors of Global Apparel Designs & Sourcing Solutions Private Limited
Global Apparel Designs & Sourcing Solutions has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Ahuja | Additional Director | 01 Oct 2014 | 12 Years 1 Months | Current |
| Krishan Kumar Sharma | Additional Director | 01 Oct 2014 | 12 Years 1 Months | Current |
Auditor
Global Apparel Designs & Sourcing Solutions Private Limited is audited by TSK & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TSK & ASSOCIATES | FY 2016 | 523454 |
Shareholding
The shareholding of Global Apparel Designs & Sourcing Solutions Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Global Apparel Designs & Sourcing Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2014 | 10570890 | Uco Bank | ₹2.49 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Global Apparel Designs & Sourcing Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Global Apparel Designs & Sourcing Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Global Apparel Designs & Sourcing Solutions has 2 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 Global Apparel Designs & Sourcing Solutions Private Limited, buy the company report.
Recent activity
Global Apparel Designs & Sourcing Solutions Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Dinesh Shah ceased to be Director on 04 Oct 2014.
Frequently asked questions
Global Apparel Designs & Sourcing Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 24 February 2012 (14+ years old) and is registered under CIN U18109DL2012PTC232020.
Global Apparel Designs & Sourcing Solutions has 2 current directors:
- Arvind Ahuja - Additional Director
- Krishan Kumar Sharma - Additional Director
The latest financial statements of Global Apparel Designs & Sourcing Solutions on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Global Apparel Designs & Sourcing Solutions has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Global Apparel Designs & Sourcing Solutions is U18109DL2012PTC232020. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Global Apparel Designs & Sourcing Solutions was incorporated on 24 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Dinesh Shah ceased to be Director on 04 Oct 2014. Rohit Sharma ceased to be Director on 04 Oct 2014. Arvind Ahuja was appointed as Additional Director on 01 Oct 2014. Global Apparel Designs & Sourcing Solutions has 7 board changes on record in total.
The registered office of Global Apparel Designs & Sourcing Solutions is at 136 Ambika Vihar Upper Ground Floor Paschim Vihar, New Delhi, Delhi, India – 110087.
Global Apparel Designs & Sourcing Solutions operates in the fashion and textile industry, in the designer and branded fashion segment.
Global Apparel Designs & Sourcing Solutions has open charges of ₹2.49 Cr and no satisfied charges on record as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
