Ik Shoes Private Limited
About Ik Shoes Private Limited
Data last updated:
Ik Shoes Private Limited was a private limited company based in Jalandhar, Punjab, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 19 January 2004.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U19200PB2004PTC026729.
The company had an authorised share capital of ₹90 Lakh and a paid-up capital of ₹90 Lakh. It was led by directors Satpal and Vijay Nayyar.
Its last annual general meeting (AGM) was held on 25 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Bn – 107 Bachint Nagar Reru, Jalandhar, Punjab, India – 144004.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.08 Lakh. For the same year it recorded a net profit of ₹35,871 (net margin 33.3%) and EBITDA of -₹44,000 (EBITDA margin -40.8%). Revenue has declined at a compounded annual rate (CAGR) of 80% over three years.
As per MCA filings, the company had satisfied charges of ₹68 Lakh on record.
Company details
Contact details
Ik Shoes Private Limited's registered office is in Jalandhar, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBn – 107 Bachint Nagar Reru, Jalandhar, Punjab, India – 144004
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Ik Shoes 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
Financials of Ik Shoes Private Limited
FY 2018 filings availableIk Shoes Private Limited reported revenue of ₹1.08 Lakh for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 80% over three years. 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.08 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹44,000 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹35,871 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -40.8% | ||
| Net Profit Margin | 33.3% | ||
| 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 Ik Shoes Private Limited, buy the company report.
Board of directors of Ik Shoes Private Limited
Ik Shoes 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 |
|---|---|---|---|---|
| Satpal | Director | 31 Aug 2018 | 8 Years 1 Months | As last reported |
| Vijay Nayyar | Director | 08 May 2010 | 16 Years 5 Months | As last reported |
Auditor
Ik Shoes Private Limited is audited by ANAND TARUN & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANAND TARUN & CO | FY 2017 | 017735N |
Shareholding
The shareholding of Ik Shoes 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 Ik Shoes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Feb 2012 | 10337396 | Oriental Bank of Commerce | ₹8 Lakh | Satisfied | |
| 06 Oct 2010 | 10247043 | Orintal Bank of Commerce | ₹60 Lakh | Satisfied |
To see the full charge records of Ik Shoes Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Ik Shoes 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 Ik Shoes 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 Ik Shoes Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ik Shoes Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Iqbal Singh Jagpal ceased to be Director on 02 Jun 2019.
1 earlier event is in the company report.
Frequently asked questions
Ik Shoes has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Ik Shoes was a private limited company based in Jalandhar, Punjab, India. The company worked in footwear manufacturing, within the consumer goods industry. It was incorporated on 19 January 2004 and is registered under CIN U19200PB2004PTC026729. The company has been struck off by the Registrar of Companies and is no longer operational.
Ik Shoes had 2 directors:
- Satpal - Director
- Vijay Nayyar - Director
The CIN (Corporate Identification Number) of Ik Shoes is U19200PB2004PTC026729. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ik Shoes is at Bn – 107 Bachint Nagar Reru, Jalandhar, Punjab, India – 144004.
Ik Shoes was incorporated on 19 January 2004. It is registered with the Registrar of Companies, Chandigarh.
The latest financial statements of Ik Shoes on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 25 September 2018. Year-wise statements from 2015 are in the company report.
Ik Shoes operated in the consumer goods industry, in the footwear manufacturing segment. It worked in this industry before it was struck off.
Iqbal Singh Jagpal ceased to be Director on 02 Jun 2019. Khushbir Singh Jagpal ceased to be Director on 11 Sep 2018. Satpal was appointed as Director on 31 Aug 2018. Ik Shoes has 5 board changes on record in total.
Ik Shoes has no open charges and satisfied charges of ₹68 Lakh as per latest MCA filings.