Iris Bags and Accessories Private Limited
About Iris Bags and Accessories Private Limited
Data last updated:
Iris Bags and Accessories Private Limited is a private limited company based in Caranzalem, Goa, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 15 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U19120GA2015PTC007578. Its GSTIN is 07AADCI7215B1Z0 (Delhi). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Samina Ryaz Shamji and Khawja Arshad.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 2F – G2 Models Meridian, Caranzalem, Goa, India – 403002.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.31 Cr, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹27.61 Lakh (net margin -21.1%) and EBITDA of -₹7.95 Lakh (EBITDA margin -6.1%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years.
As per MCA filings, the company has open charges of ₹39.82 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Iris Bags and Accessories Private Limited's registered office is in Caranzalem, Goa. Its e-mail address is in the company report.
- Email
- Registered Address2F – G2 Models Meridian, Caranzalem, Goa, India – 403002
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Iris Bags and Accessories 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 Iris Bags and Accessories 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 Iris Bags and Accessories Private Limited, buy the company report.
Financials of Iris Bags and Accessories Private Limited
FY 2020 filings availableIris Bags and Accessories Private Limited reported revenue of ₹1.31 Cr (down 70% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over three years, including a 70% fall in the latest year. EBITDA fell 124% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.31 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.95 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹27.61 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.1% | ||||
| Net Profit Margin | -21.1% | ||||
| 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 Iris Bags and Accessories Private Limited, buy the company report.
Board of directors of Iris Bags and Accessories Private Limited
Iris Bags and Accessories has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samina Ryaz Shamji | Director | 15 Jan 2015 | 11 Years 10 Months | Current |
| Khawja Arshad | Director | 15 Jan 2015 | 11 Years 10 Months | Current |
Auditor
Iris Bags and Accessories Private Limited is audited by D B BHANUSHALI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D B BHANUSHALI & CO | FY 2018 | 118951W |
Shareholding
The shareholding of Iris Bags and Accessories Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Iris Bags and Accessories Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 2017 | 100083018 | Hdfc Bank Limited | ₹39.82 Lakh | Open |
To see the full charge records of Iris Bags and Accessories Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Iris Bags and Accessories 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 Iris Bags and Accessories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Iris Bags and Accessories has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCI7215B1Z0 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iris Bags and Accessories Private Limited, buy the company report.
Recent activity
Iris Bags and Accessories Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Ryaz Abdulhamid Jamal Shamji ceased to be Director on 03 Nov 2017.
Frequently asked questions
Iris Bags and Accessories is an active private limited company based in Caranzalem, Goa, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 15 January 2015 (11+ years old) and is registered under CIN U19120GA2015PTC007578.
Iris Bags and Accessories has 2 current directors:
- Samina Ryaz Shamji - Director
- Khawja Arshad - Director
The latest financial statements of Iris Bags and Accessories on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Iris Bags and Accessories is 07AADCI7215B1Z0, registered in Delhi. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Iris Bags and Accessories is U19120GA2015PTC007578. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iris Bags and Accessories was incorporated on 15 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Goa.
Ryaz Abdulhamid Jamal Shamji ceased to be Director on 03 Nov 2017. Khawja Arshad was appointed as Director on 15 Jan 2015. Samina Ryaz Shamji was appointed as Director on 15 Jan 2015.
The registered office of Iris Bags and Accessories is at 2F – G2 Models Meridian, Caranzalem, Goa, India – 403002.
Iris Bags and Accessories operates in the business outsourcing industry, in the business and IT consulting segment.
Iris Bags and Accessories has open charges of ₹39.82 Lakh 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.
