MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-28-0009358
Loocust Incorp Apparel Export Private Limited - appreal & fashion in Tirupur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.45 Cr
▼ 97% YoY
Net loss · FY 2024
₹3.79 Cr
Net margin -154.6%
EBITDA · FY 2024
-₹51.39 Lakh
EBITDA margin -20.9%
Authorised capital
₹6.5 Cr
Registered with MCA
Paid-up capital
₹6.45 Cr
Issued & subscribed
Open charges
₹100.18 Cr
Satisfied ₹154.62 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
14
Provident fund records
About Loocust Incorp Apparel Export Private Limited
Data last updated:
Loocust Incorp Apparel Export Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the textile segment of the apparel and fashion sector. It was incorporated on 16 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2015PTC022074.
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹6.45 Cr. It is led by directors Tirupur Aruchamy Balasubramaniam (Managing Director) and Tirupur Arunachalam Shanmugasundaram (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 28/13 M G R Nagar Fourth Street, Tirupur, Tamil Nadu, India – 641602.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.45 Cr, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹3.79 Cr (net margin -154.6%) and EBITDA of -₹51.39 Lakh (EBITDA margin -20.9%). Revenue has declined at a compounded annual rate (CAGR) of 64% over five years.
The company has about 14 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹100.18 Cr and satisfied charges of ₹154.62 Cr on record. Court records list 11 cases involving the company, including 3 filed by the company and 8 filed against it; 1 case is pending. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in January 2017. Its 4 peer companies in the Manufacturing industry (Apparel, Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 1 smaller; the largest is Harjas International Private Limited with revenue of ₹2.46 Cr.
Loocust Incorp Apparel Export Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0009358). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website loocustincorp.net.
Company details
CIN U17111TZ2015PTC022074
Registration Number 022074
Incorporation Date 16 December 2015
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-28-0009358
Key People
Tirupur Aruchamy Balasubramaniam Managing Director Tirupur Arunachalam Shanmugasundaram Managing Director Recognitions & Rankings of Loocust Incorp Apparel Export
Contact details
Loocust Incorp Apparel Export Private Limited's registered office is in Tirupur, Tamil Nadu. Its website is loocustincorp.net. Its e-mail address is in the company report.
- Email
- Website
- Registered Address28/13 M G R Nagar Fourth Street, Tirupur, Tamil Nadu, India – 641602
- IndustryAppreal & Fashion, Textile, Apparel, Leather
To see the full contact details of Loocust Incorp Apparel Export Private Limited, buy the company report.
Comprehensive company report
Loocust Incorp Apparel Export Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Loocust Incorp Apparel Export 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 Loocust Incorp Apparel Export Private Limited, buy the company report.
Financials of Loocust Incorp Apparel Export Private Limited
FY 2024 filings availableLoocust Incorp Apparel Export Private Limited reported revenue of ₹2.45 Cr (down 97% YoY) for FY 2024.
Revenue · FY 2024
₹2.45 Cr ▼ 97%
Net loss · FY 2024
₹3.79 Cr margin -154.6%
EBITDA · FY 2024
-₹51.39 Lakh margin -20.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 97%
5 years · compounded
▼ 64%
EBITDA CAGR growth
1 year
▼ 110%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 64% over five years, including a 97% fall in the latest year. EBITDA fell 110% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹51.39 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹3.79 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -20.9% | ||||
| Net Profit Margin | -154.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Loocust Incorp Apparel Export Private Limited, buy the company report.
Board of directors of Loocust Incorp Apparel Export Private Limited
Loocust Incorp Apparel Export has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tirupur Aruchamy Balasubramaniam | Managing Director | 16 Dec 2015 | 10 Years 10 Months | Current |
| Tirupur Arunachalam Shanmugasundaram | Managing Director | 16 Dec 2015 | 10 Years 10 Months | Current |
Peer comparison
Loocust Incorp Apparel Export Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Apparel, 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 |
|---|---|---|---|---|---|---|
| Harjas International Private Limited | ₹2.46 Cr (FY 2025) | -20.0% | Ludhiana, Punjab, India | |||
| Balaji Polyfibers Private Limited | ₹2.46 Cr (FY 2024) | 10.0% | Thane, Maharashtra, India | |||
| Shubham Syncotex Private Limited | ₹2.46 Cr (FY 2025) | 9.0% | Bhilwara, Rajasthan, India | |||
| Loocust Incorp Apparel Export Private Limitedthis company | ₹2.45 Cr (FY 2024) | -₹3.79 Cr | -154.6% | -97.0% | 14 | Tirupur, Tamil Nadu, India |
| Anubhuti Tieup Private Limited | ₹2.45 Cr (FY 2025) | 5.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Loocust Incorp Apparel Export Private Limited, buy the company report.
Shareholding
The shareholding of Loocust Incorp Apparel Export Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Loocust Incorp Apparel Export Private Limited, buy the company report.
Charges & borrowings
Open charges
₹100.18 Cr
Satisfied charges
₹154.62 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2020 | 100336975 | Others | ₹6 Cr | Open | |
| 27 Sep 2017 | 100129384 | Axis Bank Limited | ₹35 Cr | Open | |
| 21 Jul 2016 | 100043703 | Others | ₹1.68 Cr | Open | |
| 28 Mar 2016 | 100043705 | Others | ₹1.5 Cr | Open | |
| 22 Jan 2016 | 10621203 | Others | ₹56 Cr | Open |
To see the full charge records of Loocust Incorp Apparel Export Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Loocust Incorp Apparel Export Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in January 2017.
Total deals
2
Rights issue
1
Secondary share transfer
1
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Rights issue | ₹9 Cr | Investors: 2 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Loocust Incorp Apparel Export Private Limited has 11 court cases on record: 3 filed by Loocust Incorp Apparel Export, 8 filed against it. 1 case is pending and 10 are disposed.
Total cases
11
Filed by the company
3
Filed against the company
8
Pending
1
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
| High courts | 5 | 2 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Court case (OP(C)) | Filed against the company by Augustan Knitwear Pvt. Ltd. | Pending |
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by DSV Air and Sea Pvt. Ltd., Rep. by B.R. Sridhar | Disposed |
| NCLT, Chennai | Insolvency matter | Filed against the company by Himalaya Intertrade Private Limited | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by Himalaya Intertrade Pvt Ltd | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Innovative Textiles Pvt. Ltd. | Disposed |
To see the full case history of Loocust Incorp Apparel Export 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.
Credit ratings & regulatory alerts
Loocust Incorp Apparel Export Private Limited was last rated by Crisil on 07 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 07 Jan 2020 |
To see the full credit ratings and regulatory alerts of Loocust Incorp Apparel Export Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Loocust Incorp Apparel Export Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Loocust Incorp Apparel Export has 1 subsidiary company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Sree Ambal Processors Private Limited | U17100TZ2015PTC021214 |
To see the full group structure of Loocust Incorp Apparel Export Private Limited, buy the company report.
Employees & EPFO
Loocust Incorp Apparel Export Private Limited has a workforce of 14 employees on its EPFO records as of Mar 25, 2024, across 8 active EPFO establishments.
Employee count
14
Active EPFO establishments
8
Employee growth
-91.14%
GST
No GST registration is on our record for Loocust Incorp Apparel Export Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Loocust Incorp Apparel Export Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Tirupur Aruchamy Balasubramaniam was appointed as Managing Director on 16 Dec 2015.
AGM
Loocust Incorp Apparel Export Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Loocust Incorp Apparel Export Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with Axis Bank Limited of Rs. 35.00 Cr registered on 27 Sep 2017 with Charge ID 100129384 was modified on 06 Jul 2023.
Charges
A charge registered on 05 Aug 2017 via Charge ID 100128919 with Hdfc Bank Limited was fully satisfied on 02 Jul 2021.
Charges
A charge with Others of Rs. 56.00 Cr registered on 22 Jan 2016 with Charge ID 10621203 was modified on 04 Jun 2021.
Charges
A charge registered on 10 Dec 2018 via Charge ID 100226462 with Others was fully satisfied on 03 Feb 2021.
Charges
A charge registered on 03 Jun 2016 via Charge ID 100033665 with Syndicate Bank was fully satisfied on 07 Mar 2020.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100336975 was registered on 27 Feb 2020.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100226462 was registered on 10 Dec 2018.
Charges
A charge registered on 13 Jun 2017 via Charge ID 100107879 with Others was fully satisfied on 04 Apr 2018.
Charges
A charge with Hdfc Bank Limited of Rs. 43.66 Cr registered on 05 Aug 2017 with Charge ID 100128919 was modified on 02 Feb 2018.
Charges
A charge registered on 23 Jun 2017 via Charge ID 100109253 with Others was fully satisfied on 21 Nov 2017.
23 earlier events are in the company report.
Frequently asked questions
Loocust Incorp Apparel Export is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in textile, within the apparel and fashion industry. It was incorporated on 16 December 2015 (11+ years old) and is registered under CIN U17111TZ2015PTC022074.
Loocust Incorp Apparel Export has 2 current directors:
- Tirupur Aruchamy Balasubramaniam - Managing Director
- Tirupur Arunachalam Shanmugasundaram - Managing Director
The latest financial statements of Loocust Incorp Apparel Export on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Loocust Incorp Apparel Export is U17111TZ2015PTC022074. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Loocust Incorp Apparel Export has 11 court cases on record: 3 filed by the company and 8 filed against it. 1 is pending. Most are in the district courts.
Loocust Incorp Apparel Export was incorporated on 16 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Coimbatore.
Loocust Incorp Apparel Export has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in January 2017.
The peers of Loocust Incorp Apparel Export by revenue are Harjas International Private Limited, Balaji Polyfibers Private Limited, Shubham Syncotex Private Limited, Anubhuti Tieup Private Limited, all in the Manufacturing industry (Apparel, Textiles), with the same principal business activity (textile, leather and other apparel products).
Tirupur Aruchamy Balasubramaniam was appointed as Managing Director on 16 Dec 2015. Tirupur Aruchamy Balasubramaniam ceased to be Director on 16 Dec 2015. Tirupur Arunachalam Shanmugasundaram was appointed as Managing Director on 16 Dec 2015. Loocust Incorp Apparel Export has 4 board changes on record in total.
Yes, Loocust Incorp Apparel Export is registered as a small enterprise under Udyam registration (number: UDYAM-TN-28-0009358).
Loocust Incorp Apparel Export can be reached through the website loocustincorp.net. Its registered office is in Tirupur, Tamil Nadu, India.