Koutons Retail India Limited
About Koutons Retail India Limited
Data last updated:
Koutons Retail India Limited is a public limited company based in New Delhi, Delhi, 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 textile and fabric production segment of the manufacturing sector. It was incorporated on 25 November 1994.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L17299DL1994PLC062984. It is recorded as listed by MCA, but its shares were delisted from NSE on 12 May 2017 · winding up and from BSE on 23 Aug 2017 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹30.55 Cr. It is led by directors including Bhupinder Singh (Managing Director) and Gurmeet Singh Sawhney (Whole-Time Director).
Its last annual general meeting (AGM) was held on 08 March 2013, and its latest financial statements are for the year ended 31 March 2012. The registered office is at T – 60/1 D.C.M. School Lanenew Rohtak Road Karol Bagh New Delhi, Delhi, India.
The company is associated with 1 brand: Koutons Retail India. As per MCA filings, the company has open charges of ₹2,626.91 Cr and satisfied charges of ₹32.41 Cr on record. Court records list 500 cases involving the company, including 61 filed by the company and 439 filed against it; 42 cases are pending. The company has 28 deals on record (19 market trades, 5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹196 Cr; the latest was in February 2012.
Company details
CIN history
Koutons Retail India has one previous CIN (Corporate Identification Number): U17299DL1994PLC062984. The current CIN is L17299DL1994PLC062984, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17299DL1994PLC062984 | Current |
| U17299DL1994PLC062984 | Previous |
Contact details
Koutons Retail India Limited's registered office is in New Delhi, Delhi.
- Social Media
- Registered AddressT – 60/1 D.C.M. School Lanenew Rohtak Road Karol Bagh New Delhi, Delhi, India
- IndustryManufacturing, Textile & Fabric Production
- 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
Brands
Koutons Retail India operates one associated brand: Koutons Retail India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Apparel retail operations are conducted in India since 1994. | koutons.com |
Financials of Koutons Retail India Limited
FY 2012 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Koutons Retail India Limited, buy the company report.
Board of directors and KMP of Koutons Retail India Limited
Koutons Retail India Limited currently reports 5 directors and 1 key managerial person. 16 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhupinder Singh | Managing Director | 25 Nov 1994 | 31 Years 11 Months | As last reported |
| Gurmeet Singh Sawhney Also directs: Venezia Leathers Limited, Klone Avinash Infrastructure Private Limited, S R Resort Private Limited and 1 more | Whole-Time Director | 01 Jul 2003 | 23 Years 3 Months | As last reported |
| Davinder Pal Singh Kohli | Whole-Time Director | 01 Apr 2003 | 23 Years 6 Months | As last reported |
| Kailash Chand Sharma | Whole-Time Director | 16 Mar 2006 | 20 Years 7 Months | As last reported |
| Munnesh Kumar Katara | Director | 03 Feb 2011 | 15 Years 8 Months | As last reported |
| Aditya Rungta Also directs: A-Two Group of Hotels LLP, Z-Tech (India) Limited, Iberia Pharmaceuticals India Limited and 4 more | Company Secretary | 25 Jun 2011 | 15 Years 4 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2012 | 10402945 | Indian Overseas Bank(Security Trustee) | ₹436.05 Cr | Open | |
| 29 Mar 2010 | 10216450 | State Bank of Travancore | ₹40 Cr | Open | |
| 26 Feb 2010 | 10209360 | Indian Overseas Bank | ₹3 Cr | Open | |
| 13 Feb 2010 | 10206540 | Asrec (India) Limited | ₹25 Cr | Open | |
| 26 Jun 2009 | 10166929 | Punjab National Bank | ₹50 Cr | Open |
To see the full charge records of Koutons Retail India Limited, buy the company report.
Total charge records: 36 View all charges
Deals & funding
Koutons Retail India Limited has 28 deals on record (19 market trades, 5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹196 Cr; the latest was in February 2012.
Deals on record (5 of 28)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2012 | Market trade | ₹68.7 Lakh | Buyer: Vora Financial Services Private Limited , Setu Securities Private Limited Seller: Vora Financial Services Private Limited |
| Feb 2012 | Market trade | ₹67 Lakh | Buyer: Vora Financial Services Private Limited Seller: Vora Financial Services Private Limited |
| Jan 2012 | Market trade | ₹49.8 Lakh | Seller: Ifci Limited |
| Jan 2012 | Market trade | ₹29.9 Lakh | Seller: Ifci Limited |
| Jan 2012 | Market trade | ₹33.1 Lakh | Seller: Ifci Limited |
To see the full deal history of Koutons Retail India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Koutons Retail India Limited has 500 court cases on record: 61 filed by Koutons Retail India, 439 filed against it. 42 cases are pending and 458 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 397 | 377 | 36 |
| High courts | 99 | 62 | 6 |
| Supreme Court | 4 | 0 | 0 |
Cases on record (5 of 500)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed against the company by M/S. T and T Motors Pvt. Ltd. | Disposed |
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by M/S Suvidhi Weavers Ltd | Disposed |
| District court, Gurugram, Haryana | Appeal | Filed against the company by M/S Setia Electricals India Pvt. Ltd. | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Tropical Exim International Pvt. Ltd. | Disposed |
| District court, Central, Delhi | Criminal case | Filed against the company by Berry Cotts Pvt Ltd | Disposed |
To see the full case history of Koutons Retail India 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 Koutons Retail India 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 Koutons Retail India Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Koutons Retail India Limited has 36 board changes on record since 1994: 21 appointments and 15 cessations. The latest: Ashwini Kumar ceased to be Additional Director on 08 Mar 2013.
90 earlier events are in the company report.
Frequently asked questions
Koutons Retail India 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.
Koutons Retail India is a company under liquidation, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 25 November 1994 and is registered under CIN L17299DL1994PLC062984. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Koutons Retail India has 6 current directors and KMP:
- Bhupinder Singh - Managing Director
- Gurmeet Singh Sawhney - Whole-Time Director
- Davinder Pal Singh Kohli - Whole-Time Director
- Kailash Chand Sharma - Whole-Time Director
- Munnesh Kumar Katara - Director
- Aditya Rungta - Company Secretary
The latest financial statements of Koutons Retail India on record with the MCA are for the year ended 31 March 2012. Its last annual general meeting was held on 08 March 2013. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Koutons Retail India is L17299DL1994PLC062984. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Koutons Retail India is recorded as a listed company by MCA, but its shares were delisted from NSE on 12 May 2017 · winding up and from BSE on 23 Aug 2017 · compulsory delisting, and no longer trade on a stock exchange.
Koutons Retail India has open charges of ₹2,626.91 Cr and satisfied charges of ₹32.41 Cr as per latest MCA filings.
Koutons Retail India has 500 court cases on record: 61 filed by the company and 439 filed against it. 42 are pending. Most are in the district courts.
Koutons Retail India was incorporated on 25 November 1994. It is registered with the Registrar of Companies, Delhi.
Koutons Retail India has 28 deals on record (19 market trades, 5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹196 Cr; the latest was in February 2012.
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