Kovai Textiles Private Limited
About Kovai Textiles Private Limited
Data last updated:
Kovai Textiles Private Limited was a private limited company based in Kolkata, West Bengal, 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 financial services and investment segment of the financial services sector. It was incorporated on 12 May 1997.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U17301WB1997PTC084310.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.53 Lakh. It was led by directors Rahul Saraf and Rachit Poddar.
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 was at 21/3 Aswini Dutta Road, Kolkata, West Bengal, India – 700029.
As per the financials filed for FY 2017, the company reported a revenue of ₹14,500, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹1,080 (net margin -7.4%) and EBITDA of -₹13,080 (EBITDA margin -90.2%).
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Kovai Textiles Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address21/3 Aswini Dutta Road, Kolkata, West Bengal, India – 700029
- IndustryFinancial Services, Financial Activities
To see the full contact details of Kovai Textiles 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 Kovai Textiles Private Limited
FY 2018 filings availableKovai Textiles Private Limited reported revenue of ₹14,500 (down 7% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest 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 | ₹14,500 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹13,080 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1,080 | ||
| 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 | -90.2% | ||
| Net Profit Margin | -7.4% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| 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 Kovai Textiles Private Limited, buy the company report.
Board of directors of Kovai Textiles Private Limited
Kovai Textiles 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 |
|---|---|---|---|---|
| Rachit Poddar | Additional Director | 08 Apr 2019 | 7 Years 6 Months | As last reported |
| Rahul Saraf | Director | 21 Aug 2018 | 8 Years 2 Months | As last reported |
Auditor
Kovai Textiles Private Limited is audited by MAMTA JAIN & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAMTA JAIN & ASSOCIATES | FY 2017 | 328746E |
Shareholding
The shareholding of Kovai Textiles Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kovai Textiles Private Limited, buy the company report.
Legal cases
Kovai Textiles Private Limited has 1 court case on record: 1 filed by Kovai Textiles. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Company petition | Filed by the company against Registrar of Companies, West Bengal | Disposed |
To see the full case history of Kovai Textiles 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 Kovai Textiles 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 Kovai Textiles Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kovai Textiles Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Ridhima Saraf ceased to be Director on 09 Apr 2019.
Frequently asked questions
Kovai Textiles 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.
Kovai Textiles was a private limited company based in Kolkata, West Bengal, India. The company worked in financial activities, within the financial services industry. It was incorporated on 12 May 1997 and is registered under CIN U17301WB1997PTC084310. The company has been struck off by the Registrar of Companies and is no longer operational.
Kovai Textiles had 2 directors:
- Rachit Poddar - Additional Director
- Rahul Saraf - Director
The CIN (Corporate Identification Number) of Kovai Textiles is U17301WB1997PTC084310. 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 Kovai Textiles is at 213 Aswini Dutta Road, Kolkata, West Bengal, India – 700029.
Kovai Textiles was incorporated on 12 May 1997. It is registered with the Registrar of Companies, Kolkata.
The latest financial statements of Kovai Textiles 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.
Kovai Textiles operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
Kovai Textiles has 1 court case on record: 1 filed by the company.
Ridhima Saraf ceased to be Director on 09 Apr 2019. Manju Poddar ceased to be Director on 08 Apr 2019. Rachit Poddar was appointed as Additional Director on 08 Apr 2019. Kovai Textiles has 5 board changes on record in total.