About Khetan Apparel Private Limited
Data last updated:
Khetan Apparel Private Limited is a private limited company based in Jaipur, Rajasthan, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the online apparel retail segment of the e-commerce sector. It was incorporated on 08 December 2011.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U18101RJ2011PTC049256. Its GSTIN is 06AAECK5848F1ZG (Haryana). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10.82 Lakh and a paid-up capital of ₹1.66 Lakh. It is led by directors Arun Kumar Khetan and Deepak Khetan.
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 Plot No 63 Subhash Colony, Jaipur, Rajasthan, India – 302016.
As per the financials filed for FY 2020, the company reported a revenue of ₹5.35 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹2.48 Cr (net margin -46.4%) and EBITDA of -₹1.97 Cr (EBITDA margin -36.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 8% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹4 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹3.49 Cr; the latest was in October 2017. Its 3 peer companies in the Ecommerce and Internet industry (Apparel), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 1 smaller; the largest is Ryyty Apparel Resources (India) Private Limited with revenue of ₹5.54 Cr.
The last known website on record is mrbutton.in.
Company details
CIN history
Khetan Apparel has one previous CIN (Corporate Identification Number): U18101KA2011PTC061549. The current CIN is U18101RJ2011PTC049256, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U18101RJ2011PTC049256 | Current |
| U18101KA2011PTC061549 | Previous |
Contact details
Khetan Apparel Private Limited's registered office is in Jaipur, Rajasthan. Its website is mrbutton.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressPlot No 63 Subhash Colony, Jaipur, Rajasthan, India – 302016
- IndustryE-Commerce, Online Apparel Retail
To see the full contact details of Khetan Apparel 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 Khetan Apparel 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 Khetan Apparel Private Limited, buy the company report.
Financials of Khetan Apparel Private Limited
FY 2020 filings availableKhetan Apparel Private Limited reported revenue of ₹5.35 Cr (down 13% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA rose 27% 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 | |||||
| Other Income | |||||
| Total Revenue | ₹5.35 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.48 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -36.8% | ||||
| Net Profit Margin | -46.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Khetan Apparel Private Limited, buy the company report.
Board of directors of Khetan Apparel Private Limited
Khetan Apparel has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Kumar Khetan | Director | 08 Dec 2011 | 14 Years 10 Months | As last reported |
| Deepak Khetan | Director | 08 Dec 2011 | 14 Years 10 Months | As last reported |
Peer comparison
Khetan Apparel Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Apparel), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ryyty Apparel Resources (India) Private Limited | ₹5.54 Cr (FY 2025) | 17.0% | Bangalore, Karnataka, India | |||
| Hyve Sports Private Limited | ₹5.48 Cr (FY 2024) | Thiruvananthapuram, Kerala, India | ||||
| Khetan Apparel Private Limitedthis company | ₹5.35 Cr (FY 2020) | -₹2.48 Cr | -46.4% | -13.0% | 8 | Jaipur, Rajasthan, India |
| Crowd Designs Private Limited | ₹5.22 Cr (FY 2025) | 278.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Khetan Apparel Private Limited, buy the company report.
Auditor
Khetan Apparel Private Limited is audited by BALRAM CHANDRA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALRAM CHANDRA & ASSOCIATES | FY 2020 | 002817C |
Shareholding
The shareholding of Khetan Apparel Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Khetan Apparel Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2018 | 100205432 | Others | ₹3 Cr | Satisfied | |
| 06 Oct 2016 | 100059962 | Tata Capital Financial Services Limited | ₹1 Cr | Satisfied |
To see the full charge records of Khetan Apparel Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Khetan Apparel Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹3.49 Cr; the latest was in October 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Funding round | ₹3.3 Cr | Investors: Jetty Ventures, Lorenzini Apparels Limited , 2 individuals |
| Feb 2017 | Funding round | ₹19.1 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Khetan Apparel Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Criminal case | Filed against the company by M/S RBL Bank Ltd. | Disposed |
To see the full case history of Khetan Apparel Private Limited, 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Khetan Apparel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Khetan Apparel Private Limited has a workforce of 8 employees on its EPFO records as of Mar 30, 2024, across 2 active EPFO establishments.
GST
Khetan Apparel has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAECK5848F1ZG | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Khetan Apparel Private Limited, buy the company report.
Recent activity
Khetan Apparel Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Ajay Malhotra ceased to be Additional Director on 07 Nov 2019.
Frequently asked questions
Khetan Apparel is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Khetan Apparel is a company under liquidation, formerly operating as a private limited company based in Jaipur, Rajasthan, India. The company works in online apparel retail, within the e-commerce industry. It was incorporated on 08 December 2011 and is registered under CIN U18101RJ2011PTC049256. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Khetan Apparel has 2 current directors:
- Arun Kumar Khetan - Director
- Deepak Khetan - Director
The latest financial statements of Khetan Apparel 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 CIN (Corporate Identification Number) of Khetan Apparel is U18101RJ2011PTC049256. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Khetan Apparel has no open charges and satisfied charges of ₹4 Cr as per latest MCA filings.
Khetan Apparel has 1 court case on record: 1 filed against it.
Khetan Apparel was incorporated on 08 December 2011. It is registered with the Registrar of Companies, Jaipur.
Khetan Apparel has 2 deals on record (2 funding rounds), with disclosed funding of ₹3.49 Cr; the latest was in October 2017.
The peers of Khetan Apparel by revenue are Ryyty Apparel Resources (India) Private Limited, Hyve Sports Private Limited, Crowd Designs Private Limited, all in the Ecommerce and Internet industry (Apparel), with the same principal business activity (wholesale trading).
Ajay Malhotra ceased to be Additional Director on 07 Nov 2019. Prasad Venkata Palisetty ceased to be Director on 14 Nov 2018. Arun Kumar Khetan was appointed as Director on 08 Dec 2011. Khetan Apparel has 4 board changes on record in total.
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