Masters Apparels Private Limited

Masters Apparels Private Limited - textile in Delhi, India. Directors, charges & compliance details.
CIN U18109DL2006PTC152368 Incorporated 25 August 2006 ROC Delhi HQ Delhi, India
Under Liquidation Private Limited Company textile
Data last updated
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹2.94 Cr
Secured borrowings
Company age
20 yrs
Est. 2006
Directors on board
2
As per MCA filings
Last financials
Mar 2008
Balance sheet date
Last AGM
30 Sep 2008
Annual general meeting
Company status
Under Liquidation
MCA master data

About Masters Apparels Private Limited

Data last updated:

Masters Apparels Private Limited is a private limited company based in 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 manufacturing segment of the textiles sector. It was incorporated on 25 August 2006.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18109DL2006PTC152368.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Ashish Jain and Manish Jain.

Its last annual general meeting (AGM) was held on 30 September 2008, and its latest financial statements are for the year ended 31 March 2008. The registered office is at 1872 Bhagirath Place Chandni Chowk, Delhi, India – 110006.

As per MCA filings, the company has open charges of ₹2.94 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.

Company Details of Masters Apparels Private Limited
CIN U18109DL2006PTC152368
Registration Number 152368
Incorporation Date 25 August 2006
ROC Delhi
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 30 September 2008
Date of Balance Sheet 31 March 2008
Contact Details
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  • Telephone
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  • Website
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  • Social Media
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  • Registered Address
    1872 Bhagirath Place Chandni Chowk, Delhi, India – 110006
  • Industry
    Textile, Manufacturing, Apparel
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Financials, compliance, directors, charges, ownership and filings for Masters Apparels Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Masters Apparels Private Limited FY 2008 filings available

Financial Statement Summary of Masters Apparels Private Limited

MetricsFY 2007-08
Profit and Loss Statement
Revenue from Operations••••
Other Income••••
Total Revenue••••
Cost of Materials Consumed••••
Employee Benefit Expense••••
Finance Costs••••
Depreciation and Amortisation••••
Other Expenses••••
Total Expenses••••
EBITDA••••
Profit Before Tax••••
Tax Expense••••
Net Profit (PAT)••••
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 of Masters Apparels Private Limited

MetricsFY 2007-08
Profitability
EBITDA Margin••••
Net Profit Margin••••
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••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Masters Apparels are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Board of Directors of Masters Apparels Private Limited

Masters Apparels has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ashish JainDirector25 Aug 200620 Years 1 MonthsAs last reported
Manish JainDirector25 Aug 200620 Years 1 MonthsAs last reported

Charges & Borrowings of Masters Apparels Private Limited

Open charges
₹2.94 Cr
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹2.25 Cr
Small Industries Development Bank of India₹0.69 Cr
Latest charge details
DateLenderAmountStatus
26 Sep 2007Small Industries Development Bank of India₹69 LakhOpen
23 Mar 2007Canara Bank₹2.25 CrOpen

Total charge records: 2 View all charges

Employees and EPFO Compliance at Masters Apparels Private Limited

Employment history and EPFO contributions of people linked to Masters Apparels.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Masters Apparels Private Limited

Masters Apparels Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Tarun Saihgal ceased to be Director on 01 Dec 2008.

Charges
A charge with Canara Bank of Rs. 225.00 Lakh registered on 23 Mar 2007 with Charge ID 10045005 was modified on 27 Jun 2009.
Ceased
Tarun Saihgal ceased to be Director.
AGM
Masters Apparels Private Limited last Annual general meeting of members was held on 30 Sep 2008 as per latest MCA records.
Ceased
Anuj Jain ceased to be Director.
Ceased
Vishal Jain ceased to be Director.
Filing
Masters Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2008 with Roc Delhi.
Charges
A charge with Small Industries Development Bank Of India amounted to Rs. 69.00 Lakh with Charge ID 10068710 was registered on 26 Sep 2007.
Charges
A charge with Canara Bank amounted to Rs. 225.00 Lakh with Charge ID 10045005 was registered on 23 Mar 2007.
Appointed
Ashish Jain was appointed as Director.
Appointed
Manish Jain was appointed as Director.
Incorporation
25 Aug 2006
Masters Apparels Private Limited was registered on 25 Aug 2006 with Roc Delhi & aged 20 years 1 month as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Masters Apparels Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Masters Apparels Private Limited

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MSME payment history

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Subsidiaries & Group Companies of Masters Apparels Private Limited

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Corporate group structure

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GST Compliance of Masters Apparels Private Limited

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MCA Filings & Documents of Masters Apparels Private Limited

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MCA filings and documents

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Frequently Asked Questions about Masters Apparels Private Limited

Masters Apparels 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.

Masters Apparels is a company under liquidation, formerly operating as a private limited company based in Delhi, India. The company works in manufacturing, within the textile industry. It was incorporated on 25 August 2006 and is registered under CIN U18109DL2006PTC152368. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Masters Apparels has 2 current directors:

The CIN (Corporate Identification Number) of Masters Apparels is U18109DL2006PTC152368. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Masters Apparels has open charges of ₹2.94 Cr and no satisfied charges on record as per latest MCA filings.

Masters Apparels has 4 court cases on record: 4 filed against it. 1 is pending. Most are in the high courts.

Masters Apparels was incorporated on 25 August 2006. It is registered with the Registrar of Companies, Delhi.

Tarun Saihgal ceased to be Director on 01 Dec 2008. Anuj Jain ceased to be Director on 01 Apr 2008. Vishal Jain ceased to be Director on 01 Apr 2008. Masters Apparels has 5 board changes on record in total.

The registered office of Masters Apparels is at 1872 Bhagirath Place Chandni Chowk, Delhi, India – 110006.

Masters Apparels has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh.

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