About Instyle Exports Pvt Ltd
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Instyle Exports Pvt Ltd is a private limited company based in New Delhi, Delhi, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 April 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18109DL1981PTC011531. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹12.98 Cr. It is led by directors Ashok Logani (Managing Director) and Sunil Kumar Kulshrestha.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at D – 95 Second Floor Okhla Industrial Area Phase – 1, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.1 Cr, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹24.64 Cr and EBITDA of -₹23.39 Cr. Revenue has declined at a compounded annual rate (CAGR) of 69% over three years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹83.95 Cr and satisfied charges of ₹67.08 Cr on record. Court records list 65 cases involving the company, including 22 filed by the company and 43 filed against it; 2 cases are pending. The company has 4 deals on record (4 funding rounds), with disclosed funding of ₹16.25 Cr; the latest was in March 2013. Its 5 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 2 smaller; the largest is Artchemistry Lab Private Limited with revenue of ₹3.11 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website instyleexports.com.
Company details
Contact details
Instyle Exports Pvt Ltd's registered office is in New Delhi, Delhi. Its website is instyleexports.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD – 95 Second Floor Okhla Industrial Area Phase – 1, New Delhi, Delhi, India – 110020
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Instyle Exports Pvt Ltd, 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 Instyle Exports 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 Instyle Exports Pvt Ltd, buy the company report.
Financials of Instyle Exports Pvt Ltd
FY 2018 filings availableInstyle Exports Pvt Ltd reported revenue of ₹3.1 Cr (down 68% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 69% over three years, including a 68% fall in the latest year. EBITDA rose 68% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹3.1 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹23.39 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹24.64 Cr | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| 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 Instyle Exports Pvt Ltd, buy the company report.
Board of directors of Instyle Exports Pvt Ltd
Instyle Exports 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 |
|---|---|---|---|---|
| Sunil Kumar Kulshrestha Also directs: VPS Chit Fund Pvt Ltd | Director | 18 Aug 2017 | 9 Years 2 Months | Current |
| Ashok Logani Also directs: Riviera Electronics Private Limited | Managing Director | 01 Apr 1981 | 45 Years 7 Months | Current |
Peer comparison
Instyle Exports Pvt Ltd is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Artchemistry Lab Private Limited | ₹3.11 Cr (FY 2024) | -23.0% | Bardez, Goa, India | |||
| Kamya Textile Mills Private Limited | ₹3.11 Cr (FY 2024) | 27.0% | Gondal, Gujarat, India | |||
| Manish Suitings Private Limited | ₹3.1 Cr (FY 2024) | -2.0% | Bhilwara, Rajasthan, India | |||
| Instyle Exports Pvt Ltdthis company | ₹3.1 Cr (FY 2018) | -₹24.64 Cr | -68.0% | 23 | New Delhi, Delhi, India | |
| Acme Texfab India Private Limited | ₹3.09 Cr (FY 2024) | -38.0% | Sonipat, Haryana, India | |||
| Shivkrupa Cotfiber Private Limited | ₹3.09 Cr (FY 2025) | -9.0% | Amreli, Gujarat, India |
To see the full peer comparison of Instyle Exports Pvt Ltd, buy the company report.
Auditor
Instyle Exports Pvt Ltd is audited by A P A S & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A P A S & CO | FY 2018 | 000340C |
Shareholding
The shareholding of Instyle Exports Pvt Ltd is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Instyle Exports Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Sep 2015 | 10589684 | Small Industries Development Bank of India | ₹10 Cr | Open | |
| 08 Nov 2014 | 10531888 | Kotak Mahindra Bank Limited | ₹7 Cr | Open | |
| 04 Oct 2011 | 10309790 | Small Industries Development Bank of India | ₹2.3 Cr | Open | |
| 15 Mar 2003 | 90043723 | State Bank of India | ₹64.65 Cr | Open | |
| 06 Sep 2013 | 10446846 | Canara Bank | ₹6 Cr | Satisfied |
To see the full charge records of Instyle Exports Pvt Ltd, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Instyle Exports Pvt Ltd has 4 deals on record (4 funding rounds), with disclosed funding of ₹16.25 Cr; the latest was in March 2013.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Funding round | ₹8 Cr | Investors: an individual |
| Mar 2011 | Funding round | ₹5.17 Cr | Investors: Riviera Electronics Private Limited , Rio Estates Private Limited , Highway Estates Private Limited , an individual |
| Mar 2010 | Funding round | ₹1.57 Cr | Investors: an individual |
| Mar 2009 | Funding round | ₹1.5 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Instyle Exports Pvt Ltd has 65 court cases on record: 22 filed by Instyle Exports, 43 filed against it. 2 cases are pending and 63 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 48 | 41 | 1 |
| High courts | 16 | 1 | 1 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 65)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Appeal | Filed against the company by Adeya Enterprises Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by M/S. SGS India Pvt Ltd | Disposed |
| District court, West, Delhi | Commercial suit | Filed against the company by M/S Kwality Polythreads Pvt Ltd | Disposed |
| District court, Gurugram, Haryana | Court case (CRR) | Filed by the company against M/S P.C. Jain Textiles Pvt. Ltd. | Disposed |
| District court, Central, Delhi | Criminal case | Filed against the company by Magna Infrastructure Pvt Ltd | Disposed |
To see the full case history of Instyle Exports Pvt Ltd, 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.
Credit ratings & regulatory alerts
Instyle Exports Pvt Ltd was last rated by Icra on 15 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 15 Sep 2021 |
To see the full credit ratings and regulatory alerts of Instyle Exports Pvt Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Instyle Exports Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Instyle Exports Pvt Ltd has a workforce of 23 employees on its EPFO records as of Mar 2017.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2016-17 | 23 |
| FY 2015-16 | |
| FY 2014-15 |
To see the full employee and EPFO history of Instyle Exports Pvt Ltd, buy the company report.
GST
Instyle Exports has 3 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 Instyle Exports Pvt Ltd, buy the company report.
Recent activity
Instyle Exports Pvt Ltd has 8 board changes on record since 1981: 2 appointments and 6 cessations. The latest: Sunil Kumar Kulshrestha ceased to be Additional Director on 29 Sep 2018.
31 earlier events are in the company report.
Frequently asked questions
Instyle Exports is an active private limited company based in New Delhi, Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 April 1981 (45+ years old) and is registered under CIN U18109DL1981PTC011531.
Instyle Exports has 2 current directors:
- Ashok Logani - Managing Director
- Sunil Kumar Kulshrestha - Director
The latest financial statements of Instyle Exports on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Instyle Exports has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Instyle Exports is U18109DL1981PTC011531. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Instyle Exports has 65 court cases on record: 22 filed by the company and 43 filed against it. 2 are pending. Most are in the district courts.
Instyle Exports was incorporated on 01 April 1981, making it 45+ years old. It is registered with the Registrar of Companies, Delhi.
Instyle Exports has 4 deals on record (4 funding rounds), with disclosed funding of ₹16.25 Cr; the latest was in March 2013.
The peers of Instyle Exports by revenue are Artchemistry Lab Private Limited, Kamya Textile Mills Private Limited, Manish Suitings Private Limited, Acme Texfab India Private Limited, Shivkrupa Cotfiber Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Sunil Kumar Kulshrestha ceased to be Additional Director on 29 Sep 2018. Gurpreet Singh ceased to be Director on 21 Aug 2017. Sunil Kumar Kulshrestha was appointed as Director on 18 Aug 2017. Instyle Exports has 8 board changes on record in total.
Instyle Exports can be reached through the website instyleexports.com. Its registered office is in New Delhi, Delhi, India.
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